Then, on the main user interface you have a pretty well laid out and intuitive platform. You have all of your markets on the left, the order forms on the right, charts on the right and the live, pending and past orders in the bottom panel. Easy Markets has a range of platforms that you can use including their own proprietary technology as well as some well known third party applications. With STP (Straight Through Processing) brokers, your orders are routed straight to the liquidity providers.
Company Headquarters and Trading Names
Although mobile trading can be convenient, it is hard to replicate the same conditions as a PC. Charting is harder, connections are slower and order management is more cumbersome. However, if you are going to be away from your desk it is a handy tool to monitor your levels.
easyMarkets Reviews
CFDs and Options 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 easymarkets broker review with this provider. You should consider whether you understand how CFDs and Options work and whether you can afford to take the high risk of losing your money.
How To Verify Your easyMarkets Account
- This is advantageous as it requires no software to be installed and ensures you will always be running the latest version.
- Between 74% and 89% of retail investor accounts lose money when trading CFDs.
- In the case of easyMarkets, trustworthiness is almost unquestionable.
- However, AvaTrade do have some similar tools available for trade management and balance protection.
Its web-based trading platform is remarkably straightforward (excellent for beginners) and a free demo account is available for simulated trading. This is another area in which they really excel from my point of view. You can choose from a wide selection of deposit and withdrawal methods without any fees. If you want something quick then you may consider an online payment processor such as Skrill or Neteller.
It’s time to move onto one of the most important things for any trader and that is the technology and platforms that they have at their disposal when using a particular broker. Then you also have a premium account that requires a deposit of $2,000 and a VIP account which requires $10,000. Forwards are some of the most popular financial instruments used by large institutions in order to hedge out the risk of future currency deals. They are also used by speculators to bet on the price of a currency in the future.
This commitment to transparency builds trust and enhances the overall trading experience. In addition, traders can enjoy full access to all tools and services on the platform alongside personalized account management plus reliable customer support service. https://traderoom.info/ EasyMarkets’ strong customer service department offers support via live chat, email, fax and telephone 24/5 throughout the trading week. Its range of live chat features includes Facebook Messenger, Viber, What’s App and a web-based live chat.
John Bringans is the Senior Editor of BrokerNotes.co and ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. In terms of mobile charting indicators and studies easyMarkets has 81, compared to the industry average of 49. Mobile charting indicators can be a useful tool to help traders analyze price trends, identify potential entry and exit points, and make informed trading decisions.
EasyMarkets has earned its reputation as a user-friendly and accessible forex broker, providing traders with a straightforward and transparent trading experience. In this comprehensive review, we’ll delve into the key features, trading platforms, and overall appeal that make EasyMarkets a notable choice for traders of all experience levels. All that ensures the traders’ safety, especially to those who trade in volatile conditions. They are one of the longest serving and largest brokers with many years of expertise and hundreds of thousands of clients in 160+ countries worldwide.
Beginners can take advantage of a large variety of educational material and videos, which include tutorials and basic one-on-one education. Demo accounts can help you practice trading and you can test out easyMarkets’ web trading platform with a trading simulator. With the Freeze Rate button, you have the ability to freeze live rates momentarily to open or close trades. Even if the market changes during that time, easyMarkets will execute an order for you at that frozen buy or sell quote you select. In order to activate this feature, you need to click on the Freeze Rate button before you click on either sell, buy or close. With no fees applicable to any of these methods, the key factors of which method comes down to convenience for the forex trader and the deposit processing times that vary considerably.
No, the broker concentrates on contracts for difference (CFDs), which track underlying assets but do not require direct ownership. Employing Secure Socket Layer (SSL) encryption technology is another vital security measure. Additionally, this advanced technological solution encrypts every data exchanged between the client’s computer and EasyMarkets’ servers, thwarting unauthorized parties’ attempts to steal sensitive information.
The forward option is currently available on 39 different forex pairs. When it comes to those segregated client funds, you want to be sure that they are kept in the hands of some pretty strong banks. Easymarkets makes use of top tier banks that have high credit scores and easy access to their accounts. Clients get unlimited access tolearning materials from easyMarkets Learn Centre. Its education programs andmaterials are designed for both beginners and advanced traders.
The easyMarkets App puts the global markets at your fingertips with its intuitive design giving you access to all trading and information from the same user-friendly interface. You can access live real time prices and market news directly from within the app. Features include integrated tools for conducting analysis, dealCancellation, Freeze Rate and Free Guaranteed Stop Loss and Take Profit. Available on iOS or Android devices, it gives you all of the same features as the easyMarkets web platform with access to markets everywhere in the world that you have an internet connection. I am a huge fan of trading apps as they give me the freedom to manage my account and follow the markets from anywhere at any time. We also looked at which brokers offer unique features like webinars, live seminars, videos, progress tracking, paper trading (aka a stock market simulator) and interactive educational elements such as quizzes.