easyMarkets, founded in 2001, is a well-established FX broker.
The main features and advantages of easyMarkets include “fixed spreads” and “special features” realized through an original trading software like iFOREX.
The special features of easyMarkets include ‘dealCancellation’ which allows order cancellation, ‘Freeze Rate’ which freezes the price momentarily at the time of order, and a unique stop loss option ‘easyTrade’. Vanilla options, which are also available with Avatrade, are offered as well.
Other trading conditions include high leverage up to 2,000 times with NBP support, which means zero risk of debt.
For stable high leverage and fixed spreads, easyMarkets is recommended.
What is easyMarkets?
easyMarkets is an FX broker registered in the British Virgin Islands.
The hallmark of easyMarkets is “the ability to trade with the easyMarkets WebTrader” and “the availability of trading accounts with fixed spreads, which are rare in the FX industry”.
Official Website (easymarkets.com)
The Advantages and Disadvantages of easyMarkets
Started in 2001
easyMarkets began operations in 2001. Among FX brokers, it is relatively established.
Rated 5 Stars by Third Parties
easyMarkets has been awarded a 5-star user rating through the external rating service Trustpilot.
Smartphone Compatible
easyMarkets has adapted to recent changes in traders’ styles by offering comprehensive smartphone apps for iOS and Android.
The main advantage of trading with easyMarkets is the commission-free fixed spreads.
easyMarkets has earned a solid reputation and trust from traders through its long years of operation, the introduction of external ratings like Trustpilot, and a brand strategy that enhances content while reducing waste.
Moreover, easyMarkets takes a different approach from the usual FX brokers (FX brokerages, FX companies) by not pursuing transparency in trading like STP or ECN NDD accounts.
Company Information for easyMarkets
Below is information about easyMarkets’ financial licenses and the operating company.
FX Broker | easyMarkets |
---|---|
Operating Company | EF Worldwide Ltd |
Founded | 2001 |
Country | British Virgin Islands |
Registered Address | Trinity Chambers, Road Town, Tortola, PO Box 4301, British Virgin Islands |
Financial License | BVI FSC |
License Number | SIBA/L/20/1135 |
Client Asset Management | Segregated Management |
Headquarters | Republic of Cyprus |
Contact | support@easymarkets.com |
The headquarters of easyMarkets is located in the Republic of Cyprus.
President of easyMarkets
The president of FX broker easyMarkets is Mr. Nikos Antoniades.
Financial Licenses and Accreditations of easyMarkets
Below is a list of financial licenses held by the easyMarkets Group.
- British Virgin Islands: BVI FSC
- British Virgin Islands Financial Services Commission
- Republic of Cyprus: CySEC
- Cyprus Securities & Exchange Commission
- Australian Commonwealth: ASIC
- Australia Securities and Investments Commission
- Republic of Seychelles: FSA
- Financial Services Authority of Seychelles
- EU: MiFID
- Markets in Financial Instruments Directive
For more details on easyMarkets’ financial licenses and regulations, please check the legal page at the law-related page.
Official Website (easymarkets.com)
Account Opening Campaign at easyMarkets
FX broker easyMarkets offers account opening bonuses and a 100% deposit bonus as part of its account opening campaign.
For the latest campaign information, please check the campaign page.
We also periodically hold trading contests in collaboration with the football clubs we sponsor.
Check Out the Latest Campaign!
Trading Contest That Could Take You on a Trip
FX broker easyMarkets has been the official partner of popular football clubs such as Real Madrid and Real Betis.
- Real Madrid (Football)
- Real Betis (Football)
- Bloomberg Daybreak: Australia (Bloomberg TV)
- Canterbury-Bankstown Bulldogs (Rugby)
- Dubai Mena Forex Show (Diamond Sponsor)
And, we periodically hold trading contests that include trips to watch these popular football clubs’ games.
Official Website (easymarkets.com)
Instruments Offered by easyMarkets
Below is a list of the categories of instruments you can trade with easyMarkets.
- FX Currency Pairs
- Precious Metals (Metals)
- Energy
- Commodities
- Stock Indices (Indices)
- Shares
- Cryptocurrencies
The maximum leverage and spreads at easyMakrets vary by account type and trading platform.
Cryptocurrency Trading at easyMarkets
FX broker easyMarkets offers cryptocurrency trading.
Below is a list of the cryptocurrency pairs and maximum leverage available for cryptocurrency trading (CFD) at easyMarkets.
Cryptocurrency | Cryptocurrency Pair | Maximum Leverage |
---|---|---|
Bitcoin (Bitcoin) |
BTCUSD | 50x |
Ripple (Ripple) |
XRPUSD | 20x |
Ethereum (Ethereum) |
ETHUSD | 20x |
Litecoin (Litecoin) |
LTCUSD | 20x |
Bitcoin Cash (Bitcoin Cash) |
BCHUSD | 20x |
Stellar Lumens (Stellar Lumens) |
XLMUSD | 20x |
Cardano (Cardano) |
ADAUSD | 10x |
Algorand (Algorand) |
ALGOUSD | 10x |
Solana (Solana) |
SOLUSD | 10x |
Uniswap (Uniswap) |
UNIUSD | 10x |
Polkadot (Polkadot) |
DOTUSD | 10x |
Chainlink (Chainlink) |
LINKUSD | 10x |
Zcash (Zcash) |
ZECUSD | 10x |
OMG (OMG) |
OMGUSD | 10x |
Polygon (Polygon) |
MATICUSD | 10x |
Dash (Dash) |
DASHUSD | 10x |
Dogecoin (Dogecoin) |
DOGEUSD | 10x |
Monero (Monero) |
XMRUSD | 10x |
Chiliz (Chiliz) |
CHZUSD | 10x |
Avalanche (Avalanche) |
AVAUSD | 10x |
Cryptocurrencies (digital assets, cryptocurrencies) can be traded 24 hours a day, 365 days a year, including Saturdays and Sundays. (There may be times when trading is temporarily unavailable due to maintenance.)
Start Trading Cryptocurrencies!
Trading Platforms at easyMarkets
Below are the trading platforms you can choose from at easyMarkets.
- WebTrader
- TradingView
- MT4 (MetaTrader 4, MetaTrader4)
- MT5 (MetaTrader 5, MetaTrader5)
To trade with MT4 or MT5, procedures such as depositing are necessary.
Comparison of WebTrader, MT4, and MT5
WebTrader and the easyMarkets app, referred to as the smartphone app, are available for all account types at FX broker easyMarkets, but the trading environment and conditions differ between WebTrader, the smartphone app, and MT4 or MT5.
- Maximum Leverage
- Spreads
- Minimum Trade Volume
easyMarkets’ WebTrader includes the popular charting service TradingView.
Official Website (easymarkets.com)
Below, we have summarized the differences in trading environment and conditions for each trading platform and account type at easyMarkets, but basically, MT4 and MT5 are superior in every type of account.
Maximum Leverage by Trading Platform
Below is a list of the maximum leverage by trading platform at easyMarkets.
Maximum Leverage | |
---|---|
MT5 | 2,000x |
MT4 | 400x |
WebTrader | 200x |
The maximum leverage at easyMarkets is 2,000x with MT5.
If you use the maximum 2,000x leverage with MT5, the leverage for Bitcoin and Ethereum is limited to a maximum of 400x.
You can check the instruments available for trading at high leverage of 2,000x on the easyMarkets instruments and leverage page.
High Leverage of 2,000x is Here
Spreads by Trading Platform
Below is a list of spreads by trading platform and account type at easyMarkets. (Using the popular USD/JPY pair as an example.)
Standard Account | Premium Account | VIP Account | |
---|---|---|---|
MT4 | 2.0 pips | 1.8 pips | 1.0 pips |
WebTrader | 2.4 pips | 2.2 pips | 1.5 pips |
Smartphone App | 2.4 pips | 2.2 pips | 1.5 pips |
Among the trading platforms that offer fixed spreads at easyMarkets, MT4 provides the narrowest spreads.
Minimum Trade Volume by Trading Platform
Below is a list of the minimum trade volumes by trading platform at easyMarkets.
Minimum Trade Volume | |
---|---|
MT4 | 0.01 lots |
WebTrader | $70 |
Smartphone App | $70 |
MT4 at easyMarkets has a smaller minimum trade volume, making it easier to trade, and it has advantages in maximum leverage and spreads compared to other platforms.
If you are undecided about which account type or trading platform to choose at easyMarkets, MT4 is recommended.
Beware of Slippage
Up to this point, the differences in maximum leverage, spreads, and minimum trading units by trading platform at easyMarkets have shown that MT4 has advantages.
However, there is one point to note: slippage can occur with MT4.
Slippage | |
---|---|
MT4 | Can occur |
WebTrader | Does not occur |
Smartphone App | Does not occur |
The presence or absence of slippage at easyMarkets does not depend on the account type but differs depending on whether the trading platform is MT4 or WebTrader or the Smartphone App.
If you are concerned about slippage with fixed spreads, please choose trading with the WebTrader or Smartphone App.
Official Website (easymarkets.com)
Account Types at easyMarkets
The trading environment and conditions at FX broker easyMarkets can be chosen from three types of account types.
- VIP Account
- Premium Account
- Standard Account
There are three types of accounts at easyMarkets, and because the trading conditions differ by trading platform, in reality, you can choose from more than three trading environments.
Overview of Account Types at easyMarkets
Below is an overview of the three types of account types at easyMarkets.
- VIP Account
- The VIP account at easyMarkets is available for investors who deposit $10,000 or more. It is an upper-tier account designed for large investors.
Of the three types of trading accounts offered by easyMarkets, the VIP account has the narrowest fixed spreads. - Premium Account
- The Premium account at easyMarkets is available for trading with a deposit of $2,000 or more.
It is the middle-tier account type at easyMarkets.
The trading environment is better than the Standard account, and the spreads are narrower, making it suitable for traders who want even slightly better trading conditions and investors who have the budget but want to try before using the VIP account. - Standard Account
- The Standard account is the most accessible trading account offered by easyMarkets.
The minimum initial deposit is $100, and the account features fixed spreads, availability of MT4, and trading capabilities on smartphones.
At Hercules Finance, you become a Premium account holder from the point of account opening.
Open a Premium Account Here (Free)
Comparison of Differences by Account Type
Below is a comparison of the differences between the account types at easyMarkets.
Account Type | VIP Account | Premium Account | Standard Account |
---|---|---|---|
Trading Platform | WebTrader, MT4, MT5, TradingView | ||
Instruments Offered | FX Currency Pairs, Precious Metals, Energy, Commodities, Stock Indices, Foreign Stocks, Cryptocurrencies | ||
Spreads | Fixed Spreads (MT5 only offers variable spreads) | ||
Minimum Deposit | $10,000 | $2,000 | $25 |
Maximum Leverage | 400x (MT5 only offers 2,000x) | ||
Transaction Fees | Free | ||
Deposit and Withdrawal Fees | Free | ||
Account Management Fees | Free | ||
Risk of Debt | No Risk (NBP Supported) | ||
Campaigns | Account Opening Bonus, 100% Deposit Bonus + 25% Deposit Bonus, 50% Deposit Bonus, etc. |
For the latest trading environment and conditions, please check the Account Type page.
Official Website (easymarkets.com)
easyMarkets is Known for Fixed Spreads
The biggest advantage of trading with FX broker easyMarkets is the fixed spreads.
Although the rates may feel wider compared to NDD brokers who pursue minimal spreads, they are clear and easy to use for FX beginners.
Comparison of Fixed Spreads by Account Type
Moreover, a significant difference among the account types at easyMarkets is the narrowness (width) of the fixed spreads.
Below is a comparison of the fixed spreads by account type at easyMarkets.
Fixed Spreads | Example with USD/JPY | |
---|---|---|
Standard Account | Wide | 2.4 pips |
Premium Account | Narrow | 2.2 pips |
VIP Account | Very Narrow | 1.5 pips |
The spread narrows in the order of the Standard, Premium, and VIP accounts.
Check Out the Account Opening Campaign!
Comparison of Spreads Between Standard, Premium, and VIP Accounts
Below is a comparison of the spreads between the Standard, Premium, and VIP accounts at easyMarkets.
Fixed Spreads | VIP Account | Premium Account | Standard Account |
---|---|---|---|
USD/JPY (USDJPY) | 1.5 pips | 2.2 pips | 2.4 pips |
EUR/USD (EURUSD) | 0.8 pips | 1.5 pips | 2.0 pips |
GBP/USD (GBPUSD) | 1.4 pips | 1.9 pips | 2.4 pips |
Gold (Gold) | $0.40 | $0.45 | $0.50 |
WTI Crude Oil | $0.04 | $0.05 | $0.06 |
For the latest spreads and more, please check the Instruments Offered page and Account Type Comparison page.
Official Website (easymarkets.com)
easyMarkets Supports NBP
All account types at FX broker easyMarkets are supported by NBP.
NBP stands for Negative Balance Protection, which is a policy that does not require traders to pay back any negative balances in their trading accounts in cases of sudden market changes.
Thanks to NBP, easyMarkets does not charge for negative balances in trading accounts, so traders are not at risk of incurring debt greater than the deposited margin.
What is dealCancellation?
The WebTrader and Smartphone App at FX broker easyMarkets are equipped with a feature called dealCancellation, which allows the invalidation of trades.
If, shortly after a new order, the position suffers a large loss or if the trend reverses after an indicator announcement, activating the dealCancellation feature allows the position to be cancelled within 60 minutes, effectively making the loss as if it never occurred.
For traders struggling with charts reversing immediately after an order, dealCancellation is an ideal feature.
Experience dealCancellation Here
What is easyTrade?
The WebTrader at FX broker easyMarkets offers a service called easyTrade, which is similar to binary options and allows for a maximum leverage setting of up to 800x.
Also, the easyMarkets WebTrader includes dealCancellation and easyTrade, as well as other features like the Inside Viewer, which shows the ratio of buy and sell orders for the current trading instrument.
Furthermore, easyMarkets also offers a service called Freeze Rate, which allows traders to temporarily freeze prices at the time of ordering.
The features of easyMarkets’ WebTrader are available even with a demo account.
easyMarkets and iFOREX
The Standard account at FX broker easyMarkets is similar to the trading environment of the Standard account at iFOREX.
iFOREX (iForex, iFo) is popularly known as “iFo when it comes to FX,” and traders using iFOREX are called iFo warriors.
Also, in terms of business performance, iFOREX has the longest history among FX brokers.
Comparison of Differences Between easyMarkets and iFOREX
Below is a table comparing the differences between easyMarkets and iFOREX (iForex, iFo).
Trading Environment and Conditions | easyMarkets | iFOREX |
---|---|---|
Maximum Leverage | 2,000x | 400x |
Initial Deposit Amount | $25 | $10 |
Spreads | Fixed and Variable Spreads | Variable Spreads |
USD/JPY Spread | 2.4 pips | 0.9 pips |
Trading Platform | WebTrader, MT4, MT5, TradingView | WebTrader |
NBP Support | No additional margin required | No additional margin required |
Margin Call Level | 70% | 0.25% |
Stop-Out Level | 30% | 0% |
Cryptocurrency Pairs | About 20 types | About 45 types |
The above spreads are for the Standard account at easyMarkets and the (non-Premium) regular trading account at iFOREX.
Methods of Depositing and Withdrawing Funds at easyMarkets
Below are the methods of depositing and withdrawing funds available at FX broker easyMarkets.
- Credit Card
- Debit Card
- STICPAY
- PerfectMoney
- Webmoney
- bitwallet
- Domestic Bank Transfer
The time it takes for the deposited funds to reflect in the trading account is as short as a few seconds.
Check Out the Latest Deposit and Withdrawal Methods Here
Deposit and Withdrawal Fees are Free
At FX broker easyMarkets, the deposit fee is free, except for some bank transfer fees.
The withdrawal fee is also free, in principle.
If you have any questions, please contact customer support via Live Chat or other means.
Proceed to the Deposit and Withdrawal Page
Unsupported Deposit Methods
- UnionPay, Wechat, and Alipay are only available from China.
Also, traders living in China can use the above table’s deposit and withdrawal methods, as well as UnionPay, Wechat, and Alipay.
Log In to the Member’s Page Here
Withdrawal Restrictions and Conditions at easyMarkets
The methods available for withdrawing funds at FX broker easyMarkets are generally the same as those used for deposits.
Based on rules such as anti-money laundering, approval of necessary documents is required before submitting a withdrawal request at easyMarkets.
To avoid issues such as being unable to withdraw funds, it is recommended to submit identification documents and proof of address early if they were not submitted at the time of account opening.
Proceed with Identity Verification Here
Time Taken for Withdrawal Request to Be Credited
FX broker easyMarkets completes withdrawal processing within 24 hours of receiving a trader’s withdrawal request.
After that, it may take some time for the funds to be credited to the bank account or other withdrawal destination.
Withdrawal Fees and Minimum Amount Restrictions
At FX broker easyMarkets, withdrawal fees are free, just like deposit fees.
However, there is a minimum limit of $50 for bank transfers when withdrawing.
Both deposits and withdrawals at easyMarkets can be processed via the member’s page.
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