easyMarkets Review Forex Broker & Trading Markets, Legit or a Scam

Score

3.5/5

Min Deposit

$200

Min Spread

Variable spreads

Regulation

ASIC, FSC, CySEC, FSA, FSCA

Max Leverage

1:2000

Live chat, phone, WhatsApp, email

Positive Ratings

60%

Neutral Ratings

20%

Negative Ratings

19%

Company Summary

Aspect	Information
Registered Country/Area	Cyprus
Founded Year	15-20 years
Company Name	easyMarkets
Regulation	ASIC, FSC, CySEC, FSA, FSCA
Demo Account	Available
Minimum Deposit	$200
Maximum Leverage	1:2000
Spreads	Variable spreads
Trading Platforms	MetaTrader 4, Trading View, and MetaTrader 5.
Customer Support	Email, Live Chats, Contact Forms
Payment Methods	Cards, Wire/Bank Transfers, E-wallets

Introduction

easyMarkets is an established trading platform known for its trading platforms and user interfaces. The platform offers traders with various trading opportunities. They help you learn and practice trading skills. easyMarkets is a well-regulated trading platform that enhances security. The platform provides transparency and a clear trading process making it seamless for the traders.

This easyMarkets review will discuss the key features of the platform along with advanced trading tools. It includes account types, assets, fees, security, and customer support. Lastly, it will help you understand whether the platform is legitimate.

easyMarkets Overview

easyMarkets is a platform offering various trading products and account types. It is a well-regulated online trading platform that provides a secure trading environment. The platform offers advanced tools and helps enhance the trading process. It is regulated by ASIC, FSC, CySEC, FSA, and FSCA.

Additionally, easyMarkets provides traders with learning resources for a better understanding. It operates on Web/MobileApp, MetaTrader 5, MetaTrader 4, and TradingView platform. These multiple platforms cater to different trading needs.

Various Financial instruments
Multiple Account Types
Well-Regulated Platform

Limited Contact Information

Trading Instruments

easyMarkets provides multiple trading products. The platform allows traders to invest according to their goals and conditions. These assets help traders build an enhanced portfolio. The top trading assets you get access to are:

Forex

The platform provides various currency pairs including major, minor, and exotic. Traders can access FX pairs, with tight spreads and low costs.

The platform allows traders to invest in global stocks. The platform provides access to popular stocks with risk management tools for traders.

Indices

The platform allows trades to invest in Indices. It provides market diversification helping traders make informed decisions. The platform offers negative balance protection for funds and data.

Commodities

The platform offers to trade in raw materials, agricultural products, and others. These include oils, gases, gold, and other products. Traders can invest in them without physically purchasing them.

Account Types

easyMarkets does not provide direct account types. The broker has multiple trading platforms where you can invest these platforms offer various trading accounts like VIP, Premium, and Standard.

Apart from these accounts, the platform does not provide any detailed information about the features of the accounts. The platform offers traders demo trading accounts. It helps traders practice skills and strategies. The demo accounts provide virtual funds to be invested in the real-time market without risks.

Deposits and Withdrawal

easyMarkets supports a wide range of deposit and withdrawal methods to facilitate ease of access.

The platform provides bank transfers for larger transactions. These transactions can take a few business days.
The platform offers transactions using debit/credit cards for a quick and convenient method.
With the increasing popularity of e-wallets, the platform also allows traders to invest.

Additionally, various payment options increase the chances of a potential client base. Traders can complete their transactions smoothly. Overall, the platform provides low minimum deposits and swap-free trading for investors.

Fees and Commission

easyMarkets operates on a transparent fee structure, with fixed spreads being the primary cost of trading. This structure benefits traders by trading costs, regardless of market volatility.

The platform does not offer detailed information about the fee structure making it difficult to estimate the costs.

Security and Regulations

easyMarkets is a regulated trading platform. It is regulated by multiple financial authorities. These authorities ensure that the platform stays safe for trading. These authorities include ASIC, FSC, CySEC, FSA, and FSCA. The authorities maintain the security standards.

Additionally, the platform offers segregated accounts and negative balance protection. This helps keep clients’ funds separate from the organization’s funds. It also keeps investors away from losing more than they invested.

Customer Support

easyMarkets provides comprehensive customer support through multiple channels:

Live Chat

Available 24/5 on the broker’s website, offering instant support from knowledgeable agents.

Email Support

easyMarkets provides traders with email via support@easymarkets.com.

Is easyMarkets a Scam?

easyMarkets is a well-regulated trading platform that ensures secure trading practices. It is regulated by ASIC, FSC, CySEC, FSA, and FSCA. These financial authorities provide safety and protection to the funds. The platform offers a user-friendly interface for traders with different trading goals.

Overall, easyMarkets is a legitimate trading platform. It provides traders with a safe and credible trading environment.

Conclusion

easyMarkets offers traders multiple trading instruments and account types. The platform is regulated by top-tier financial authorities. They ensure that the platform maintains industry standards of security. The platform is designed for a smooth experience.

easyMarkets is known to offer traders a variety of trading platforms and mobile applications. This makes it easier for investors to trade on the go. Overall, easyMarkets offers multiple features making it a legitimate trading platform.

FAQS

Is easyMarkets regulated?

Yes, easyMarkets is regulated by CySEC, ASIC, FSA, FSCA, and FCA.

What is the minimum deposit for easyMarkets?

The minimum deposit at easyMarkets is not specified. This makes it difficult for investors.

Does easyMarkets offer a demo account?

Yes, easyMarkets provides a demo account with virtual funds for practice trading.

How long do withdrawals take with easyMarkets?

Withdrawals are typically processed within 1-2 business days, though the time may vary depending on the payment method.

What trading platforms do easyMarkets offer?

easyMarkets offers its web-based platform, MetaTrader 4 (MT4), and a mobile trading app.

Does easyMarkets charge commissions on trades?

No, easyMarkets operates on a fixed spread model and does not charge commissions.

Is my money safe with easyMarkets?

Yes, easyMarkets keeps client funds in segregated accounts and is regulated by CySEC and ASIC, ensuring a high level of fund security.

What leverage does easyMarkets offer?

Leverage varies depending on the asset class and the trader’s location. Typically, the maximum leverage for forex trading is 1:30 for retail clients in compliance with regulatory limits.

Can I trade cryptocurrencies on easyMarkets?

Yes, easyMarkets offers CFDs on popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple.

Does easyMarkets provide educational resources?

Yes, easyMarkets offers a range of educational materials, including market analysis, trading guides, and webinars, to help improve their knowledge and skills.