easyMarkets] Table of Contents

  1. What is easyMarkets?
    1. Pros and Cons
  2. Company Information
    1. President of easyMarkets
    2. Financial Licenses and Accreditations
    3. Account Opening Campaign
      1. Trading Contest
    4. Instruments Offered
      1. Cryptocurrency Trading
    5. Trading Platforms
      1. WebTrader, MT4, and MT5
    6. Account Types
      1. Overview
      2. Fixed Spreads
      3. NBP Support
    7. What is dealCancellation?
      1. What is easyTrade?
    8. easyMarkets and iFOREX
      1. Comparison of Differences with iFOREX
    9. Methods of Depositing and Withdrawing Funds
      1. Fee-Free
      2. Unsupported Deposit Methods
    10. Withdrawal Restrictions and Conditions
      1. Time Taken for Withdrawal to be Credited
      2. Withdrawal Fees and Minimum Amounts

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.

We focus on providing stable rate delivery with 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.

Trustpilot is a web service where users rate various products and services with stars.

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.

Open an Account (Free) Here

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
In 2016, the name was changed from Easy Forex to easyMarkets.

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
The financial licenses obtained by easyMarkets mandate the segregated management of trader funds (client assets) and corporate operating funds.

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.

Open an Account (Free) Here

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
MT4, WebTrader, and the Smartphone App all offer fixed spreads, but MT5 offers variable spreads.

Among the trading platforms that offer fixed spreads at easyMarkets, MT4 provides the narrowest spreads.

MT4 Account Here (Free)

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.

Open an Account (Free) Here

At easyMarkets, the trading platforms available after opening an account are limited to WebTrader. To use MT4 at easyMarkets, deposit and application to customer support are necessary.

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
If you use easyMarkets’ WebTrader or Smartphone App, no matter which account type you choose, slippage will 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.

Open an Account (Free) Here

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.
The differences between the three types of accounts at FX broker easyMarkets lie in the spreads and the initial deposit amount (initial investment cost). At easyMarkets, the initial deposit amount is highest for the VIP account, and if you use MT4 with this account, the spreads are the narrowest.

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
All the above are the spreads for easyMarkets’ WebTrader and Smartphone App.

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.

NBP (Negative Balance Protection) is mandated as a rule by various financial regulatory authorities, including the Republic of Cyprus’ CySEC.

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

dealCancellation is not available for MT4 accounts.

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.

Open a Demo Account (Free)

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
easyMarkets does not support deposits and withdrawals to trading accounts via cryptocurrencies.

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.

Example 1: If you withdraw via bank transfer from easyMarkets, if the transfer process goes smoothly, the funds will be credited to the bank account within 2 to 3 days at the earliest.
Example 2: For withdrawals via credit or debit cards, the time until the funds are credited can vary depending on the card company, and it may take up to 2 months for the funds to be confirmed.

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.

This minimum withdrawal amount rule is a preventive measure to ensure that the fees incurred by the bank during the transfer do not exceed the transferred amount.

Both deposits and withdrawals at easyMarkets can be processed via the member’s page.

Official Website (easymarkets.com)