easyMarkets Review
4.8/5

easyMarkets Review

✅ 200 financial instruments
✅ Exclusive dealCancellation protection
✅ Licensed by top-tier authorities
✅ Innovative proprietary platform

Home » easyMarkets Review
OverallCommissions & FeesLicensing & SafetyPlatforms & Tools
Points92899391
*To test the broker, we used our unique and detailed methodology, which assesses over 200 criteria points in 10 key areas.

OverviewFees and commissionsSafetyOpening an accountAccount typesTrading PlatformsMarkets and productsResearch toolsEducation and trainingCustomer supportOur verdict

Our expert review of easyMarkets found a well-regulated forex broker with a strong reputation and track record. easyMarkets was founded in 2001 and values simplicity, honesty, and transparency. By providing low minimum deposits, competitive fees, multiple payment methods, and various account types, easyMarkets have achieved their goal of making trading accessible to all. The broker offers CFD, forwards, and options trading, as well as their own u fee-free product called easyTrade. easyMarkets has served more than 142,500 traders and has executed more than 56.3 million orders.

Pros
  • Over 200 available financial instruments
  • Exclusive dealCancellation protection and free guaranteed stop-loss
  • Licensed by top-tier authorities, CySEC and ASIC
  • Best broker for those in search of an innovative proprietary platform
Cons
  • easyMarkets does not support clients from the USA

overall scores

In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how scored in each of our high-priority categories.

easyMarkets fees and commissions

Our reviewers found that, at easyMarkets, you can enjoy attractive forex spreads for standard accounts, yet slightly higher than average spreads for VIP accounts. On the plus side, easyMarkets is highly competitive in terms of non-trading fees, as you will not be charged for withdrawals, deposits, or periods of inactivity. Overall, the broker’s tier-based fee structure is easy to understand and appealing to traders of all levels.


Our experts have reviewed easyMarkets’ fees based on how they compare with the fees of other reviewed brokers. For each broker, we analyze both trading fees and non-trading fees:

–      Trading fees are charged every time you place a trade. They include spreads, commissions, overnight and rollover fees, and currency conversion fees.

–      Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker. They include payment fees and inactivity fees.

Below you will find a snapshot of the fees charged at easyMarkets. Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either.

Trading Fees*
TYPE OF FEECOST
Minimum Spread EURUSD (pips)
Commission (%)%
Commission on Islamic Accounts (%)%

*Based on Standard account type.

Non-Trading Fees
Account FeeN
Inactivity FeesN
Deposit FeesN
Withdrawal FeesN

easyMarkets trading fees

easyMarkets provides transparency for its trading fees. The fees vary based on account type and the trading platform used. To provide an idea, the following are sample fixed spreads for the benchmark EUR/USD pair for clients outside of the EU:

  • 2.0 pips on the web/app platform and 1.9 pips on MT4 for Standard accounts
  • 1.5 and 1.4 pips, respectively, for Premium accounts
  • 1.2 and 0.9 pips, respectively, for VIP accounts

EU clients are offered even tighter spreads. For the EUR/USD pair, spreads are 1 pip on the web/app platform and 0.9 pips when trading with MT4.

While researching this easyMarkets forex broker review, we discovered that the pricing structure is transparent no matter what asset you’re trading. This is the benefit of choosing easyMarkets over a broker with variable spreads. Below you can see more examples of the minimum spreads charged on popular trades:

  • Gold (XAU) – 0.45 USD
  • NASDAQ (NSQUSD) – 2 pips
  • Crude Oil (WTI) – 3 pips

Financing/Overnight Rates

If you choose to trade with easyMarkets on the web platform, you will be charged rolling fees on your open positions at 22:00 GMT, seven days a week. Those who use MT4 will pay the daily rolling fee at 00:00 GMT. This fee is charged on weekdays, with triple charges on Wednesdays to account for the weekends. If you are trading cryptocurrencies with MT4, however, you’ll pay the triple charges on Fridays.

Non-trading Fees

When it came to our easyMarkets broker review of non-trading fees, we were impressed. At this broker, you won’t be charged for deposits, withdrawals, or account maintenance. This is particularly impressive given that most brokers charge some sort of inactivity fee.  As such, easyMarkets is perfect if you are a beginner, unsure of how frequently you’ll trade.


easyMarkets safety

This easyMarkets review analyzed the broker’s overall safety and regulation and found that it excelled in both departments. easyMarkets is licensed by two top-tier, ASIC, and CySEC, and it is also compliant with the MiFID Directive. For further financial safety, easyMarkets offers you negative balance protection, which has been standard since 2001, investor compensation for EU clients, and guaranteed stop-loss orders.

Pros
  • Licensed by ASIC and CySEC
  • Free negative balance protection
  • Fixed spreads without slippage
  • Investor compensation for EU clients
  • High capital adequacy
Cons
  • No compensation for clients outside of the EU
  • No banking license

easyMarkets licenses and regulation

easyMarkets is licensed by two of the world’s most reputable regulatory bodies, CySEC and ASIC. Clients within the EU will trade with the CySEC-licensed arm of the broker, whilst Australians and clients from the rest of the world trade with the ASIC registered brand.

Is easyMarkets safe?

Our review methodology considers several factors to ensure that all of our recommended brokers are safe and reputable. Alongside the number and strength of licenses, we also consider:

  • What protection and/or insurance easyMarkets offers should something go wrong.
  • easyMarkets’ reputation, history, and management.

easyMarkets client protection

Our easyMarkets review team found that EU clients will receive financial protection, in the event of the broker becoming insolvent. Unfortunately, this is only available if you choose to trade with the CySEC regulated arm of easyMarkets.

Client Protection

CountryLegal EntityProtected Up ToRegulators
European UnionEasy Forex Trading Ltd20,000 EURCySEC
Australia and SingaporeEASYMARKETS PTYNo Protection OfferedASIC
Rest of WorldEF Worldwide Ltd (BVI)No Protection OfferedFSA
Rest of WorldEF Worldwide Ltd (SEY)No Protection OfferedFSA

easyMarkets offers negative balance protection for all clients and has done since it was first founded in 2001. Negative balance protection means you will never lose more than you have funded into your account. This, combined with easyMarket’s unique Freeze Rate and dealCancellation features, gives you a solid way to control risk.

easyMarkets also offers no slippage on its proprietary trading platform, as well as free guaranteed stop-loss orders. The broker’s use of fixed spreads ensures that traders are always fully aware of the spread cost or bottom line, even if the market conditions change. This is particularly important when trading some fo the more volatile markets available at easyMarkets, such as forex and cryptocurrency CFDs.

In compliance with regulations, easyMarkets segregate client funds in top-tier banks with low credit risk. The broker also maintains sufficient capital in liquid form to cover the client deposits as well as potential fluctuations in the currency positions of the company.

easyMarkets background and reputation

easyMarkets has been in operation since 2001, and this long history in the industry comes with a solid reputation. The broker has global offices, in Australia, China, Colombia, Cyprus and Marshall Islands. The broker first operated under the name ‘easy-forex’, yet they rebranded in 2016 when they started offering a more diverse range of CFDs. This change was well documented, which adds to the broker’s transparency. easyMarkets is regulated by CySEC and ASIC giving you the security and peace of mind you need. stiIf such a long and clean history isn’t enough to convince you of easyMarkets’ trustworthiness, consider some of the awards the broker has won.

In 2017, easyMarkets was named the Best Trusted by Investors by JRJ China and the Most Transparent Broker by Forex-Awards.com. Additionally, easyMarkets has a 5-star rating on Trustpilot.


Opening an account with easyMarkets

Our easyMarkets forex broker review team found the registration process to be quick and straightforward. You can sign up with easyMarkets online in a matter of minutes, or you can log in with Google or Facebook for an even speedier experience. easyMarkets also boasts accessible minimum deposit limits for every type of trader.


Is easyMarkets available in your country?

easyMarkets is available to residents of most countries, with its reach extending to every inhabited continent. It is not available in 23 countries and four Canadian provinces, including:

  • The United States of America
  • British Columbia, Ontario, Manitoba, and Quebec
  • Israel
  • Iran
  • Cambodia

How to open an account at easyMarkets:

Opening an account with easyMarkets takes less than ten minutes and can be completed digitally. You will also need to verify your account, which can take a little longer, but you can reduce this time by following our expert’s step by step guide.

What you will need to open an account

Before you start trading, you’ll need to review easyMarkets broker’s required documentation for opening an account. The information and documents required may change depending on your jurisdiction but, in general, you should expect to provide the following details:

  • Personal information – Full name, email address, phone number, address, and official identification number.
  • Regulatory information – Answers to a 5 question knowledge quiz, which includes questions about your trading experience and aims.
  • Documentation – Front and back images of your official ID, which can be a passport or driver’s license, and proof of residence. This could be a bank statement or utility bill from within the past six months, with your full name and address visible. If you deposit funds using a credit or debit card, you may need to submit a card statement too.

To open an account with easyMarkets, you’ll need to provide proof of identity and proof of address. This process allows easyMarkets to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices such as money laundering.

What is the minimum deposit at easyMarkets?

The easyMarkets minimum deposit is highly accessible, at just $100 for Standard Accounts. The minimum increases to $2,000 with Premium Accounts and $10,000 for VIP Accounts. For EU traders the minimum deposit is €100.

easyMarkets payment methods

Funding your account at easyMarkets is simple and convenient, as there are more than a dozen payment methods available. You can use traditional methods, such as cards and bank transfers, or choose from a range of localized payment methods. There are no fees for either deposits or withdrawals, and almost all deposit methods are instant. easyMarkets also process withdrawal requests within 48 hours.

Our easyMarkets review team agrees that easyMarkets scores extra points for offering you 18 account currencies to choose from. This is more than at most other brokers and allows you to avoid exchange fees. The account base currencies at easyMarkets are; USD, EUR, GBP, AUD, CAD, CHF, CNY, CZK, HKD, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY and ZAR.

Payment Methods

METHODDEPOSITING TIMEACCEPTED CURRENCIESDEPOSITING FEEMAX. DEPOSITWITHDRAWALWITHDRAWAL TIMEMINIMUM WITHDRAWALWITHDRAWAL FEE
VisaInstantAll countries but ChinaN/AY3 to 10 working daysN/AN/A
MasterCardInstantAll countriesN/AY3 to 10 working daysN/AN/A
MaestroInstantAll countriesN/AY3 to 10 working daysN/AN/A
American ExpressInstantAll countries but APACN/AY3 to 10 working daysN/AN/A
JCBInstantEuropeN/AY3 to 10 working daysN/AN/A
AstroPay CardInstantAll countries but the EU and AustraliaN/AY3 to 10 working daysN/AN/A
SofortUp to 24 hoursAustria, Belgium, Germany, Netherlands, UKN/AY3 to 10 working daysN/AN/A
GiroPay2 hoursGermanyN/AY3 to 10 working daysN/AN/A
iDealInstantNetherlandsN/AY3 to 10 working daysN/AN/A
Local Bank Transfer3 to 5 working daysEU countries according to IngenicoN/AY3 to 10 working days$50Depends on bank
Local Bank TransferUp to 24 hoursMalaysiaN/AY3 to 10 working days$50N/A
WebMoney1 working dayAll countries but APAC and EuropeN/AY3 to 10 working daysN/AN/A
BPay1 working dayAPACN/AY3 to 10 working daysN/AN/A
NetellerInstantAll serviced countriesN/AY3 to 10 working daysN/AN/A
SkrillInstantAll serviced countriesN/AY3 to 10 working daysN/AN/A
FasaPay1 working dayIndonesiaN/AY3 to 10 working daysN/AN/A
Union Pay1 to 2 working daysChinaN/AY3 to 10 working daysN/AN/A
WeChatPay1 working dayChinaN/AY3 to 10 working daysN/AN/A
Bank Wire TransfersVaries by bankAll countriesN/AY3 to 10 working days$50N/A

easyMarkets account types

At easyMarkets our review team found you can choose from three account types as a non-EU client. These accounts all feature options for all investment levels. EU clients, on the other hand, can only open VIP and professional accounts but these have been adjusted to be just as accessible. All accounts provide 24/5 support, a personal account manager, and access to trading insights. They also all provide safety via guaranteed stop-loss, negative balance protection, no slippage, and fixed spreads.


The following table shows the primary differences between the easyMarkets accounts types.

Account Types

STANDARDPREMIUMVIPVIP (FOR EU CLIENTS)
Minimum Deposit$100$2,000$10,000€100
Max Leverage1:200/1:4001:200/1:4001:200/1:4001:30
Minimum Order Size0.05/0.01 lot0.05/0.01 lot1 (negotiable)/0.01 lot0.05/0.01 lot
SpreadsFrom 1.9 pipsFrom 1.4 pipsFrom 0.9 pipsFrom 0.9 pips
Commission$0$0$0$0
Available Instrument TypesForex, metals, commodities, indices, options, cryptocurrencies, sharesForex, metals, commodities, indices, options, cryptocurrencies, sharesForex, metals, commodities, indices, options, cryptocurrencies, sharesForex, metals, commodities, indices, options, cryptocurrencies, shares
Available Instruments (Number)200+200+200+200+
Trading PlatformsWeb, Mobile, MT4Web, Mobile, MT4Web, Mobile, MT4Web, Mobile, MT4
Automated Trading (Y/N)YYYY
Execution TypeMarket MakerMarket MakerMarket MakerMarket Maker

Demo accounts

Our easyMarkets broker review team strongly suggests that new traders start with a demo account. This is a free account available from the broker and it includes access to $10,000 of virtual funds. Using the demo account provides you with access to real trading conditions, access to the broker’s more than 200 markets, and one-click trading.

Islamic accounts

easyMarkets offers you the ability to convert all account types into Sharia-compliant accounts. These accounts allow you to hold positions overnight for up to two weeks, without incurring swap or interest fees.

The broker’s Islamic accounts offer all the same features as the non-Islamic accounts, except those that would run contrary to Sharia law. As such, you have access to more than 200 instruments, the choice of the web, mobile, or MT4 platforms, guaranteed stop-loss and take profits, fixed spreads, and personal customer relations managers. VIP Islamic Accounts also receive dedicated professional analyst support.


easyMarkets trading platforms

Our easyMarkets forex broker review found that the broker offers an excellent choice of four platforms. The broker’s proprietary platform is easy to use and available in browser or on mobile devices. There is also support for the popular MetaTrader 4, and a separate platform for easyMarkets’ unique Vanilla Options trading.


easyMarkets offers four trading platforms. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools too.

To ensure that we only recommend high-quality brokers, our reviewers have tried and tested each of easyMarkets’ trading platforms. When doing so, they considered a range of factors, including how easy the platforms are to use, what features each trading platform offers, and how suited each platform is to different types of traders.

Trading Platforms

EASYMARKETS WEB PLATFORMEASYMARKETS MT4VANILLA OPTIONS PLATFORMEASYMARKETS APP
Instrument ClassesForex, commodities, metals, indices, options, cryptocurrencies, sharesForex, commodities, metals, indices, options, cryptocurrenciesVanilla optionsForex, commodities, metals, indices, options, cryptocurrencies, shares
Number of InstrumentsMore than 200More than 8030More than 200
Number of Order Types32 (with 4 pending orders types)N/A3
Number of Indicators7830N/A78
Number of Drawing Tools624N/A6
Robots/EAs0Y00
Social/Copy TradingNN0N
DownloadableNYNY
Browser CompatibilityPC, MacPC, Mac, iOS, AndroidPC, MaciOS, Android

easyMarkets Web Platform

The easyMarkets Web Platform provides full access to the instruments offered by the broker. It includes features such as free guaranteed stop-loss, fixed spreads, and no slippage. The exclusive dealCancellation feature lets you cancel a deal within one, three or six hours for a small fee. dealCancellation is an appealing option if you want to take advantage of volatility, make a larger deal, or trade for big events.

Another innovative feature is Freeze Rate, which lets you pause a rate for several seconds. This often-overlooked feature is particularly helpful given the volatile nature of the forex and cryptocurrency markets.

If you want unlimited rewards but limited risk, our experts recommend using easyTrade. Another special feature only available at easyMarkets, easyTrade lets you take advantage of zero spot spread, your choice of trade time, and your prediction of up or down. The feature automatically calculates your equivalent deal size for your convenience.

The Web Platform includes real-time instrument charts that let you choose the time frame and make the other expected adjustments. You can use Open-High-Low-Close charts, line charts, and candlestick charts, and time scales from one minute to weekly. There is the ability to add symbol comparison layers and overlay a range of indicators. Inside Viewer also provides market sentiment information on the platform.

Overall, easyMarket’s web platform is perfect for both beginners and veteran traders as it is intuitive and full of valuable features.

easyMarkets MetaTrader 4

easyMarkets also gives you access to the popular MetaTrader 4 platform and all of its powerful features. You can take advantage of fixed spreads and negative balance protection. There is access to more than 80 markets, with fixed spreads. The margin call is at 70 percent and deal stop-out is at 30 percent.

One-click trading is available, and you benefit from the pre-installed analysis tools and indicators. MT4 features predesigned templates or you can create your own, and you can test your Expert Advisors with more than 20 years of historical data.

MT4 for easyMarkets offers multiple order types, including pending orders and market orders. Pending orders can include buy stops, sell stops, buy limits, and sell limits.

Vanilla Option platform

The Vanilla Option Platform is a unique offering that our easyMarkets forex broker review encourages you to explore if you’re interested in options trading. This is a piece of highly user-friendly software that has been added as a trading ticket to your trading app. Now you can step up a quick hedge during periods of volatility, or choose to trade with a maximum risk amount without capping your trade’s potential. Our reviewers found that this gives you a new level of control that isn’t offered by many competitors. The Vanilla Option Platform appeals to those who want to trade majors, minors, or precious metals under known parameters.

EasyMarkets App

The easyMarkets App is a downloadable native application for Apple or Android devices, available directly from the Apple Store or the Google Play Store. The application allows multiple trading methods, including easyTrade.

As with the Web Platform, you can review easyMarkets tools on the App, including Inside Viewer and dealCancellation. The application also features price notifications on your smartphone, a convenient market explorer optimized for mobile, live rate graphs, and a financial calendar.

What is the execution policy at easyMarkets?

easyMarkets is a market maker broker, and so it has lower entry requirements than you would find with an ECN broker. Our experts were also impressed to find that the easyMarkets execution policy includes a strict ‘no slippage’ rule. This guarantees that the price you see on the platform is the price your order will be executed at.

With easyMarkets, minimum and maximum order sizes depend on the trader and the instruments. As does the number of orders that can be open simultaneously.


easyMarkets markets and products

easyMarkets offers access to over 200 instruments, including forex, metals, indices, cryptocurrencies, commodities, options, and shares. The broker has an above-average number of precious metal pairs, which makes it a great option if you’re interested in trading gold. The following table summarizes the instruments available to trade via easyMarkets, either on the broker’s proprietary platforms or via MetaTrader4.


InstrumentNumber
Currency Pairs
Commodities
Precious Metals
Indices
Stocks and Shares
Cryptocurrencies
Options
ETFs

Currency pairs

When trading forex, easyMarkets offers dozens of currency pairs for you to select from. These include majors, minors, and exotics. Spreads are always fixed, and they are reasonably competitive.

It is also possible to trade forwards on the forex market via easyMarkets, an offering that not all brokers have. Trading forwards is a popular method of hedging, and it involves simple over-the-counter contracts. They include price protection and a complete hedge, providing traders with a risk management tool to counter future volatility.

Commodities

Our review of easyMarkets forex broker found that trading commodities is a convenient way to diversify your portfolio with the broker. All of the commodities available are paired with the USD and they include energy and agriculture instruments.

Commodities are one of the many assets that easyMarkets offers solely in the form of CFDs.

Precious metals

As you review easyMarkets precious metal CFD offerings, you will notice that the broker offers a surprising number of pairs. While there is an average number of metals themselves available (five), easyMarkets offers XAU with an impressive 10 currencies and XAG with an equally competitive eight currencies. Metals trading on easyMarkets includes Day and Options deals.

Indices

The range of index CFDs available at easyMarkets is well varied. You can trade indices from around the world, as well as those traded with various currencies, including USD, GBP, EUR, CHF, AUD, and HKD.

Popular indices include US Dow, NSQ, the EU DAX, the UK FTS, the AU ASX, and the Japanese NKI. Spanning North America, Europe, Asia and Australia, easyMarkets indices offering is well suited to traders

Stocks and shares

The shares on easyMarkets are available in the form of CFDs, so they are only available on the broker’s proprietary platform, not MT4. The shares include worldwide instruments, featuring pairs with USD, EUR, AUD, HKD, and JPY. This is perfect if you’re wanting to trade with the biggest global brands, such as Netflix, Intel, Tesla, and Amazon.

Cryptocurrencies

As expected, the cryptocurrencies available for trading via easyMarkets are all in the form of CFDs. You can trade BTC, XRP, or ETH, all with USD. This is an around average selection of cryptocurrencies for a forex broker however, with easyMarkets, you have the additional benefit of fixed spreads. Even during Bitcoin’s huge bull run in 2017, the broker kept its spreads unchanged.

Options

Most of the options from easyMarkets are currencies although commodities (OIL/USD) and precious metals (XAU/USD and XAG/USD) are also available. Minimum deal lengths vary from one day to one week, while maximum deal lengths vary from two months to six months.

Trading vanilla options provides some control as you get to manage the level of risk as well as the time frame. It is different to CFDs and Forex, however, as you need to decide if you think an instrument will go up or down, what price it will reach, and when it will reach it before you place a trade.

Social trading

Social trading is not available on easyMarkets. For those interested in the automated aspects of social trading, our review team of easyMarkets forex broker suggests taking advantage of Expert Advisors in MT4. Trading signals are also available for some assets, including shares, to provide an element of expertise.


easyMarkets research tools

Regardless of the type of account you open with easyMarkets, you will have access to a range of research tools. All account types receive access to daily emails on fundamental analysis and technical analysis from Trading Central, as well as Trading Central indicators. easyMarkets provides market news and insights from financial analysts, FXStreet.


Research Tools
News (from top-tier sources)N
Trading Signals and IndicatorsN
Trade IdeasN
Expert AnalysisN
Autochartist ToolsN
Sentiment ChartsN
Economic CalendarN

News

The market news from easyMarkets provides access to a range of headlines. For convenience, all headlines have a date and time and indicate the associated instrument. Most of the information in this section comes from FXStreet. easyMarkets also connects clients with its forex news blog, Forex.info. Here you can find detailed expert analysis too.

Keep in mind that this blog is at a separate URL, but it is part of easyMarkets. This is an unusual decision that seems slightly counterintuitive, but there is a simple direct link to the blog from the easyMarkets website.

Trading signals and indicators

Clients of easyMarkets get access to trading signals via Trading Central. These signals are the result of technical analysis, research, mathematical models, and chart analysis. To help you to get the most of these features, our easyMarkets broker review suggests exploring the educational resources regarding using Trading Central.

Trade ideas

Trade ideas come from the trading signals and market news available from easyMarkets instead of an explicit section of the broker’s website.

Expert analysis

Expert analysis is available via the forex news blog from easyMarkets. It includes technical analysis and market outlook.


easyMarkets education and training

Our easyMarkets review team found that the broker offers educational materials all experience levels. There is a strong focus on beginner-friendly materials, but you’ll also find more detailed guides and insights. All of the information, unless otherwise mentioned, is readily available to all account types via the easyMarkets website.


Educational Features
Demo AccountN
Platform Tutorial VideosN
Educational PDFsN
Live WebinarsN
YouTube VideosN
Trading AcademyN
Trading GlossaryN

Platform tutorial videos

Visit the Learn Centre at easyMarkets to study a variety of topics and video tutorials. There is a quick tour of my easyMarkets and a similar one for MT4.

The ‘Get to Know easyMarkets’ and ‘Get to Know MT4’ sections of the broker site also provide you with videos on how to use specific features, such as dealCancellation.

Educational PDFs

The educational PDFs from easyMarkets come in the form of 10 free eBooks. All clients have access to all of the eBooks. eBooks on market trading include Getting Started, for the basics of forex trading, Learn Technical Analysis, Trading Psychology, and 10 Shocking Lessons. The eBooks also include an MT4 User Guide, a Trading Central guide, an Options Manual, an Options FAQ, and a Trading app quick start guide.

Additional education is available in the FAQ section of easyMarkets. Here, you will find more detailed explanations of terms and concepts, as well as guides to using certain features of the proprietary platform and MetaTrader 4.

Live webinars

Our easyMarkets broker review team strongly encourages clients to take advantage of the regular live webinars. Topics vary and there are webinars for various skill levels, including introductory webinars for those new to the platform.

YouTube videos

The Discover Series from easyMarkets includes a range of videos on specific popular instruments. We suggest you review all of easyMarkets forex broker YouTube videos to get an introduction to gold, EUR/USD, oil, the S&P 500, and trading psychology. For each instrument, the video highlights what causes movement in the instrument, the benefits of that instrument, and what you should watch for when trading it.

Trading academy

No matter the type of account you open with easyMarkets, you will have free access to the easyMarkets Academy.

The easyMarkets Academy contains a selection of courses that teach you about CFD trading. It also includes tests for each module, allowing you to confirm your knowledge.

Before opening an easyMarkets account, you can preview the beginner videos and content. You must sign in to view the rest and to take the knowledge tests. In addition to an introduction to financial trading, other topics include technical and fundamental analysis, entering and exiting trades, managing risk, trading psychology, and margin leverage swap. There are also specific sections that cover trading each of the asset classes available.

Trading glossary

The trading glossary is easy to access and well-organized, with definitions of all the terminology you need. There is also a separate Economic Indicator Glossary that highlights various global market-moving indicators. Each indicator has a brief explanation as well as a rating to indicate its significance.


easyMarkets customer support

Our easyMarkets review team found the broker’s customer support to be very helpful, which is confirmed by client ratings. There is good accessibility to customer support, both in terms of contact methods and hours, which is beneficial if you are trading outside of standard time-zones.

Pros
  • 24/5 customer support via phone, live chat and email
  • Personal account manager for all clients
  • Alternative contact methods available, such as Facebook Messenger
Cons
  • Support appears to be mainly in English

Should you need to contact easyMarkets, you are almost guaranteed to find a method that suits your needs. There are numerous ways to do so, including:

  • Live chat
  • Customer support email: [email protected]
  • Phone: +357 99 875 998
  • Viber: +35799875998
  • Facebook Messenger: easyMarkets.
  • WhatsApp: +357 99 875 998

The live chat tool from easyMarkets has a very prompt response during the day yet it is much slower during the night. When we contacted support via live chat, we typically received a response within seconds and had our sample questions answered quickly.

Emails usually take several hours to receive a response. Be sure to contact the appropriate email address for your query, which will likely be customer support. If you choose to send a message to easyMarkets via the contact form, you will need to enter your name, email, subject, and your message.

Most of the easyMarkets’ social media pages are primarily for sharing information, except for Facebook Messenger. Both Facebook Messenger and WhatsApp are great contact options for mobile traders.

We found that the support agents are friendly, helpful, and competent. If you’d prefer not to speak to support, however, you’ll also find an extensive FAQ guide on the broker site. This offers answers to most standard questions, however, we found that you may need to seek extra help to find information relating to your specific account type.

easyMarkets mobile compatibility

As part of our review of easyMarkets, we tested the broker on both iOS and Android mobile devices, and we were impressed. The website displays fully, providing the same level of information as the desktop version. As expected, you’ll need to click a few more times to access navigational menus but doing so is still intuitive.

If you want to use the easyMarkets Web Platform within your mobile browser, it’s possible. However, we strongly recommend that you download the easyMarkets app for even smoother trading on the go.


easyMarkets – Our verdict

Following careful research, our easyMarkets forex broker review can conclude that this is a reputable broker. With over 200 available instruments and a choice of four trading platforms, easyMarkets offers a great experience no matter your trading style.

Beginners will find enough educational materials to get off to a great start, whilst advanced traders can further their knowledge with the help of expert advice. The demo account provides traders of all skill levels with the opportunity to hone their trading skills, and you’ll also benefit from high-quality analytical tools such as live pricing, detailed charts, and indicators.

easyMarkets is both secure and well regulated. Licenses from ASIC and CySEC, SSL encryption, segregated client funds, and negative balance protection allow you to trade in confidence. easyMarkets also stands out from other brokers by offering exclusive risk management tools, such as dealCancellation, Rate Freeze, and no slippage.

Register with easyMarkets today to see why the broker is so highly recommended by clients and experts alike.

Final Summary
Minimum Deposit (USD)
Licenses
Max. Leverage
Client ProtectionN
Broker Type
Number of Instruments
Currency Pairs
Stocks
Cryptocurrencies
CFDsN
Proprietary Trading PlatformN
MT 4N
MT 5N
Mobile CompatibleN
Research ToolsN
Educational MaterialsN
Payment Methods
24/5 Customer SupportN
Live ChatN

*Max leverage of 1:30 for EU clients

easyMarkets information

  • Year Founded: 2001
  • Company Trading Names: Easy Forex Trading Ltd, Easy Markets Pty Ltd, EF Worldwide Limited
  • Licenses: CySEC, ASIC
  • Headquarter Address: Ajeltake Road, Trust Company Complex, MH 96960, Ajeltake Island, Majuro, Marshall Islands
  • Phone Number: +35799875998
  • Facebook: https://www.facebook.com/easyMarkets/
  • Twitter: https://twitter.com/easymarkets

Risk Disclaimer: easyMarkets offers CFD products. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our methodology: This review of easyMarkets has been created using accurate data and unbiased facts. To test the broker, we have used our unique and detailed methodology, which assesses over 200 criteria points in 10 key areas. This guarantees that all of our reviews are fair and extensive.

We update our methodology and our reviews regularly. Methodology updates are made so that new broker features and products are taken into consideration. Review updates ensure that all the information we provide is current and correct.


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Frequently asked questions (FAQ)

Is easyMarkets regulated?

Yes, our review of easyMarkets found that the broker is regulated by ASIC and CySEC. These are two very stringent regulators that offer investor compensation schemes, segregated bank accounts, and a high level of broker transparency.

Is easyMarkets a scam?

No, easyMarkets is not a scam. It is well-regulated and has a strong track record since it has been in business since 2001. easyMarkets has a very high trust score, compared to other brokers.

What is the minimum deposit at easyMarkets?

The minimum deposit is just $100 for Standard Accounts, $2,000 for Premium Accounts, and $10,000 for VIP Accounts. You can also register for a demo account free of charge, and the process only takes a matter of minutes.

Does easyMarkets offer a bonus?

Yes, easyMarkets offers a range of bonuses. At the time of writing, there is a first deposit bonus, a refer a friend bonus, and a partnership program. Do note, however, that these bonuses are only available with non-EU accounts.

What easyMarkets account types are there?

Non-EU easyMarkets clients have a choice of three different account types; Standard, Premium, or VIP. Each type of account has a different minimum deposit amount and different spreads, however, they all are commission-free and come with a range of tools and risk management features. EU clients can open VIP or professional accounts. The VIP EU account comes with lower spreads than the non-EU one, however, to make it just as accessible. VIP EU accounts come with a leverage of 1:30 to meet ESMA restriction but professional accounts with higher leverage can be opened if you meet the requirements.

Cryptocurrency Trading
200 instruments
Min Deposit: $100

5.0
Licensing & Safety
5.0
Markets
4.0
Bonuses & Promotions
5.0
Customer Support
4.8 Overall Rating

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