Clicky

Get VIP Trading Signals 1
7 /10
Overall Rating
easyMarkets Review & Rating [yyyy] » Is easyMarkets Reliable or Scam?

easyMarkets Review & Rating 2022 » Is easyMarkets Reliable or Scam?

Visit easyMarkets

easyMarkets is a world-leading online trading provider, with over 200,000 clients in over 160 countries. easyMarkets offers a range of products, including forex, commodities, indices and shares. easyMarkets is a regulated and licensed broker, with over a decade of experience in the online trading industry.

easymarkets review

image source: easyMarkets

It is licensed and regulated by a number of financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. Also offers various account types, including a demo account, and a range of trading platforms, including the popular MetaTrader 4 platform.

So, here I am going to do easyMarkets review to see if it is reliable or a scam.

Overview

Company
7/10
Trust
8/10
Trading Platform
8/10
Account Types
7/10
Costs
8/10
Customer Support
7/10
Regulation
8/10
Cryptocurrency
7/10

Company

7 /10

easyMarkets Review: Company

  • Founded in 2003 by a group of experienced Forex traders including Gadi Hadar
  • Headquarters: Limassol, Cyprus
  • Services offered: Forex Trading, CFDs, and other tradings
  • Minimum investment: $0
  • Investment options: CFD, Forex, Commodities, Indices, Shares, Crypto.
  • Tools and resources: easyTrade, dealCancellation, Freeze Rate, etc.
  • Website: https://www.easymarkets.com/

Products Details of easyMarkets

easyMarkets is an online Forex and CFD brokerage which provides traders around the world with access to markets in over 160 countries. easyMarkets offers a range of products which include Forex, Shares,  CFDs,  Crypto, Metals, Indices and commodities.

Forex: easyMarkets offers Forex trading with over 60 currency pairs to choose from. You can trade on the go with our mobile trading app, or use our powerful desktop platform to trade on your computer.

Crypto Trading: It also offers trading in various crypto currencies including Bitcoin, Ethereum, Ripple, Litecoin and more. However it is available on the MT4 platform from Monday to Friday 21:00 to 22.00. And, available 24 hours on their easyMarket platform except the maintenance time (Sunday 7:00 to 10: 0 GMT).

Shares: Moreover, you can buy and sell shares with all the popular companies. And, these CFD shares are often profitable with minimum losses due to the popular and profitable companies. 

CFDs: CFDs (Contracts for Difference) are a type of derivative product that allows you to trade on the price movements of an underlying asset. easyMarkets offers a range of CFDs on stocks, indices, commodities and currencies.

Metals: easyMarkets offers a range of metals products which includes Gold, Silver, Platinum and Palladium. You can trade metals on the desktop platform, or on the mobile app.

Commodities: easyMarkets offers a range of commodities products which includes Crude Oil, Brent Oil, Natural Gas, Corn, Wheat and Soybeans. You can trade commodities on this platform. 

Indices: You can choose the world's most popular indices on this platform  and make a handsome profit out of it. Also, you will get the dealCancellation feature to avoid risk and make sure you are confident about making profit. 

easyMarkets Pros and Cons

Before choosing a trading you have to know about its pros and cons. Let’s discuss that here.

Pros

  • It is a fully licensed and regulated broker
  • They offer competitive spreads and no commissions
  • Various products available, including forex, commodities, indices and stocks
  • 24/5 customer support in over 20 languages
  • They have a wide range of educational materials available, including videos, webinars and e-books
  • Multiple account types, including micro, mini and standard accounts
  • An wide range of leverage levels, from 1:1 up to 1:500
  • Various deposit and withdrawal methods, including credit/debit cards, bank transfers and e-wallets

Cons

  • High spreads
  • No hedging
  • No social trading account

Trust

8 /10

Is EasyMarkets safe?

Is esayMarkets scam?

easyMarkets is a well-known and reliable online trading platform that offers traders a secure and trustworthy trading environment. easyMarkets offers a wide range of tradable assets, including forex, commodities, indices and stocks, and provides traders with access to a variety of trading tools and features, including a sophisticated trading platform, a wide range of analysis tools and a variety of trading strategies. easyMarkets is also a regulated broker, which means that traders can be confident that their funds are safe and that their trading experience is protected. easyMarkets is also known for its excellent customer service, which is available 24/5 to help traders with any questions or issues they may have.

The company has a solid reputation and is known for its high-quality customer service. easyMarkets offers a variety of support channels, including telephone support, email support, and live chat support. The company also has a comprehensive education center that offers a variety of trading tutorials and webinars.

easyMarkets is a regulated and reputable online trading platform that offers a wide range of tradable products and services. The company has a solid reputation for providing high-quality customer service and offers a variety of support channels, including telephone support, email support, and live chat support. easyMarkets also has a comprehensive education center that offers a variety of trading tutorials and webinars.

Trading Platform

8 /10

easyMarekts trading platforms

image source: easyMarkets

easyMarkets is a forex broker that offers its clients a choice of four trading platforms: the easyMarkets Trading Platform, the easyMarkets MT4 Trading Platform, mobile app Trading, and Tradingview  Platform.

The easyMarkets Trading Platform offers a wide range of features and tools that can help traders to execute their trading strategies. These include a wide range of technical indicators, drawing tools, and one-click trading. The platform also offers a wide range of order types, including market orders, limit orders, and stop orders.

And, the MT4 Trading Platform is based on the popular MT4 trading platform. It offers a wide range of features and tools that can help traders to execute their trading strategies. These include a wide range of technical indicators, drawing tools, and one-click trading. The platform also offers a wide range of order types, including market orders, limit orders, and stop orders.

Also, the mobile app offers sleek and easy trading from anywhere. easyMarkets mobile app contains all the tools including dealCancelation, Inside Viewer, Market Explorer, Price Notification, Live Rate Graphs,and Financial Calendar. Indeed you can monitor your account and deposit or withdraw from the mobile app.

Finally, the TradingView platform allows you to do social media trading, deep market analysis, advance charting and other advanced trading. When you use TradingView with an easyMarkets account you will get the leading trading experience along with better regulated trading.

easyMarkets Review: Trading Experience

easyMarkets offers a user-friendly trading experience. The company's website is easy to navigate and the trading platforms are easy to use. The company's customer service is also excellent. easyMarkets offers 24/5 customer support and the customer service agents are knowledgeable and helpful. The company also offers a wide range of educational resources, including a Trading Academy, webinars, and e-books.

Desktop Trading Platforms

Trading platforms

image source: esayMarkets

easyMarkets is a reliable Forex broker that offers traders a desktop trading experience. The broker’s desktop trading platform is easy to use and provides a variety of features that enable traders to execute their trading strategies.

easyMarkets' desktop trading platform provides a customizable layout that enables traders to personalize the platform to suit their trading style. The platform also provides a variety of charts and indicators that enable traders to analyze the markets and make informed trading decisions.

The platform also provides a variety of order types that enable traders to execute their trading strategies. The platform also provides a variety of trade management features that enable traders to manage their trades effectively.

easyMarkets' desktop trading platform is a reliable and user-friendly platform that provides traders with a variety of features that enable them to execute their trading strategies effectively.

Mobile Trading Apps

easymarkets mobile apps

image source: easyMarkets

The easyMarkets mobile app is a user-friendly app that is easy to navigate. The app provides traders with a wide range of trading options, including Forex, CFDs, and metals. The app also provides traders with access to market news and analysis, as well as a live market calendar. The app also allows traders to trade on the go, which makes it a popular choice among traders.

The easyMarkets mobile app is available for both Android and iOS devices and can be downloaded for free from the App Store or Google Play.

Account Types

7 /10

What Account Types do easyMarkets Offer?

easyMarkets offers a variety of trading account types, including standard, premium, and VIP.

The standard account allows you to do a minimum of 25 USD deposit while max leverage will be 1:400 for MT4 platform and 1:200 for web and the mobile app.

In a premium account you can deposit a minimum of 2000 USD with similar max leverage.

And, in the VIP account minimum deposit is 10000 USD but it has a better fixed spread.

However, you will get a similar minimum transaction limit, and customer support in all of these accounts. Also, there will be no fees for commission, account, or deposit/withdrawal.

Except that easyMarkets offers a demo account that helps you to understand trading better before investing your money.

Cryptocurrency

7 /10

easyMarkets offers trading in various crypto currencies including Bitcoin, Ethereum, Ripple, Litecoin and more. However it is available on the MT4 platform from Monday to Friday 21:00 to 22.00. And, available 24 hours on their easyMarket platform except the maintenance time (Sunday 7:00 to 10: 0 GMT).

They also have Bitcoin Account Based Currency that allows you to trade 275+ crypto assets. And you can do it without exchanging your bitcoin into fiat currencies in your μBTC Account. esayMarkets web platform, app and MT4 let you trade crypto with you μBTC.

Costs

8 /10

Minimum Deposit

easyMarkets is a Forex and CFD broker that offers its clients a minimum deposit of $100.

The company offers a variety of bonuses and promotions to its clients, including a $25 bonus for new clients and a $50 bonus for clients who deposit more than $1,000.

Withdrawal Fees

easyMarkets offers traders a choice of two different types of withdrawal methods, a bank transfer or a cheque. The bank transfer withdrawal method is free of charge, while the cheque withdrawal method has a withdrawal fee of $25.

Inactivity Fees

easyMarkets does not charge inactivity fees.Because they believe that clients should be able to trade when and how they want.

Also, wants its clients to be able to trade whenever they want, without worrying about inactivity fees.

Also, they believe inactivity fees are fair to its clients.

Commission Fee

easyMarkets commissions are straightforward and without gimmicks. easyMarkets does not charge commissions on trades that are not executed. For example, if you place a buy order for 100 shares of a stock, but the order is not filled, you will not be charged a commission.

Customer Support

7 /10

How is esayMarekts' Customer Support?

easyMarkets customer support

easyMarkets customer support is available 24/5 through phone, email and live chat. The customer service team is knowledgeable and experienced in providing assistance with a wide range of account and trading related issues.

The customer support team can be contacted in the following languages: English, French, Spanish, Italian, German, Turkish, Arabic, Polish, Russian and Swedish.

easyMarkets offers a number of features to make contacting customer support easy and convenient. These features include:

-A dedicated customer service phone line

-Live chat

-Email support

-A comprehensive support section on the easyMarkets website, including a searchable FAQ database and instructional videos.

Regulation

8 /10

Is easyMarkets Regulated?

esayMarkets regulation

If you're thinking about investing with esayMarkets, you may be wondering if the company is regulated. After all, regulation is important for protecting investors and ensuring that companies follow fair practices. Luckily, esayMarkets is a fully regulated company. Here's what you need to know about the company's regulation.

easyMarkets is a regulated broker that offers a variety of tradable assets and trading conditions. The company is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. easyMarkets is also registered with the Australian Securities and Investments Commission (ASIC).

Conclusion

So, that was the easyMarkets review. I hope you got an idea. easymarkets is a great broker for traders who want to get started in the markets. It has a user-friendly platform and a wide range of products to trade. The spreads are competitive, and the customer service is excellent. Overall, I highly recommend easymarkets to anyone looking for a reliable broker to trade with.

Reviewed By

Our Broker Review methodology

Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Vetted by multiple industry experts - including a financial research firm with more than 20 years of experience in broker ratings - Our Broker Ratings and Reviews embody industry best practices for research design.

See how we conduct broker reviews