Bank transfers may take a few business days to clear whilst some methods such as card payments can be instant. You can set the maximum risk that you are comfortable with before trading, how long the trade will last with an expiry time (or close it manually before this) and what direction you with to trade. EasyMarkets offers these and other risk management features to help traders trade with confidence and minimize their exposure to risk. With easyMarkets, they have access to a dedicated division for research, which is divided into different sections.
WHAT CAN YOU TRADE AT EASYMARKETS?
The broker is known for its fixed spreads, providing transparency and predictability in terms of trading costs. One of EasyMarkets’ standout features is its commitment to risk management. The broker provides tools like “dealCancellation,” allowing traders to undo losing trades within a specific time frame for a fee.
- Your actual trading may result in losses as no trading system is guaranteed.
- EasyMarkets have very good trading conditions via an excellent choice of trading platforms for all types of trader with plenty of high-quality tools and learning resources.
- EasyMarket Web platform has simplified the trading process as you can access all tools via easyMarket Web Platform.
- EasyMarkets offers a range of account options to suit each trader.
- Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.
- Rollover fees are also applicable at various rates as is standard with all brokers.
Trader’s Worst Nightmare
Although they do have large client coverage, there are a number of regions where they cannot accept clients from. You can see the full list on their site but perhaps the most prominent is the United States. They have offices in Cyprus (Easy Forex Trading Ltd), Sydney (Easy Markets Pty Ltd) and the Marshall Islands (EF Worldwide Limited). ‘Sell Stop’ allows you to open a position at a predetermined price level. It is much alike to ‘Buy Stop’, however, the difference is the current price is higher than the value set. This one is usually used by traders that assume the price will reach a level and continue falling.
Get a Forex Pro on Your Side
Again it is proprietary and features the same high levels of intuitiveness in a more compact form. As expected, being involved specifically in forex trading markets for so many years prior to 2016, the broker brings an extensive range of forex trading markets to the table. These pairs number close to 100, which is typically more than most other brokers of any size in the industry.
You won’t be charged fees when you make deposits or withdraw money from your trading account, which is a major benefit because other brokers charge for those services. If the position reaches your stop-loss level within 6 hours of entering a trade and dealCancellation is active, you take no loss from that transaction and just pay the dealCancellation fee. EasyMarkets offers great services for newer traders but also suits advanced traders who favor MetaTrader 4. You can use hedging strategies and Expert Advisors to automate your trading. I had some issues registering and one of your staff, Mr David was very helpful and professional in his approach.
EasyMarkets Vanilla Options is a unique trading platform that lets traders explore trading in a completely new and exciting way. EasyMarkets have developed its independent vanilla options platform which is designed to be user-friendly and promotes simplicity in trading as its core concept the company. It is used by institutional traders to hedge against volatility https://traderoom.info/ but also for long-term trading. This platform is simple, yet allows to quickly access easyMarkets CFD and easyTrade platform. It has powerful tools and will give you an exciting trading experience. You get a wide range of different types of CFDs, including shares of the most popular companies globally, which you can easily trade without owning the actual shares.
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. As mentioned above, the reason for the amazing success of easyMarkets was the fact that it was among the first trading platforms that provided online services. This success made easyMarkets bring a lot of features for its users.
You can open a Demo Account or Live Account with easyMarkets at no cost. There are several ways in order to reach easyMarkets customer service and support. The firm can be reached by phone, various chat channels, email, and web forms. The support desk operates 24/5 and has different language support. EasyMarkets core value is to simplify trading and its customer support and service are one-factor proof that it is easy and simple to reach their support team.
To minimize the risk, we informed our clients in advance by email of the major maintenance, and we always try to schedule this down time for a relatively quiet trading period. Your Account Manager has tried to contact you to assist you, please contact our Customer Support Team via Live Chat on our website or email us at cs@easymarkets.com so we can help you. This is my platform of choice as it was one of the first trading platforms that I mastered.
In this easyMarkets review, we will give you what you need to know about the broker. I will also give you some top trading tips you need to consider. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. When the trader’s instrument’s price reaches the level set, a buy order will be performed, and this is called ‘Buy Limit’.
I haven’t seen these tools provided by other brokers which helps them to stand out from the crowd. However, AvaTrade do have some similar tools available https://traderoom.info/easymarkets-introduction/ for trade management and balance protection. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes.