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BROKER RATED

easyMarkets is an online forex/CFD broker that began operations in 2001 as Easy-forex. The company rebranded to ‘easyMarkets’ in 2016. The headquarters is located in Majuro, Marshall Islands while other offices are located around the world. The brand is operated by Easy Forex Trading Ltd which is part of the ‘Blue Capital Markets’ group.

“Simply honest” is the broker’s trademark and philosophy. easyMarkets offers over 200 trading instruments comprising of currencies, metals, indices, energy, agricultural commodities and vanilla options.

easyMarkets offer various account types based on trading capital, spreads, trading platform and other services rendered. For every account, the maximum leverage is 1:400 (international and Australia) and 1:30 (for EU clients). Only fixed spreads are offered. Personal account managers are assigned to all account holders. Daily emails on fundamental and technical analysis are also provided. easyMarkets supports the use of 18 account currencies.

The following account types are provided:

Standard account: The minimum account opening balance is $100. The fixed spread for the EURUSD is 3 pips.

Premium account: The opening balance is $1,000 and the benchmark EURUSD spread is 2.5 pips. The minimum transaction size is 0.5 lot on the web and mobile app platforms but 0.05 lot on the MT4 platform.

VIP account: $2,500 is the least amount required to open this account type. The EURUSD spread is 1.8 pips.

Super VIP account: The opening deposit amount is $50,000. The benchmark EURUSD spread is as low as 1.2 pips. The minimum transaction volume is negotiable.

A demo account is available for all traders. easyMarkets recommends it for new traders who are just starting out. It is also useful for testing of strategies and general platform testing. The demo account comes preloaded with $10,000 of virtual funds.

PRO'S
Fixed spreads, no slippage and no commissions.
Up to 50% first deposit bonus to welcome new traders.
Innovative trading platform with innovative features.
Responsive and professional client support
CON'S
High spreads compared to other brokers.
No services to clients from USA and over 20 other countries.
No cent account, VPS and forex calculators.
98
BROKER RATED