easyMarkets: Is it dangerous to use? danger? Company profile, features, safety, reputation and reviews, summary commentary

easyMarkets

easyMarkets has been in operation for over 20 years, making it a very famous FX broker. The company is well-known among soccer fans as it sponsors the world’s top soccer club, Real Madrid. What do easyMarkets users rate?

easyMarkets Company Profile

easyMarkets was founded in 2001, making it one of the oldest FX brokers in the world. The operating company is EF Worldwide Limited, an FX broker headquartered in the Marshall Islands. The Marshall Islands is a tax haven, so it tends to be a base for FX brokers. The parent company is Blue Capital Markets Group. The parent company is located in Limassol, Cyprus.

Operation CompanyEF Worldwide Limited
AddressAjeltake Road, Trust Company Complex, MH 96960,
Ajeltake Island, Majuro, Marshall Islands.
LicenseCySEC,ASIC,FSA,FSC
Found2001
URLClick here

financial license

We have obtained four financial licenses from the Cyprus Securities and Exchange Commission, the Australian Securities and Exchange Commission, the Republic of Seychelles, and the British Virgin Islands, making us a very reliable and profitable company. It is safe even with the average ranking of popular FX companies in the world, and we currently provide risk-free and highly reliable services 24 hours a day. We provide unlimited support for both email and chat.

group company

easyMarkets has a long history of operation and also has group companies. We have branch offices in European countries, Sydney in Australia, and Shanghai in China. Therefore, it can be said that it is an FX broker that has successfully expanded globally.

NameLicense
Easy Forex Tradin LtdCySEC
Easy Markets Pty LtdASIC
EF Worldwide LtdFSC
EF Worldwide LtdFSA

Separate management available

easyMarkets segregates funds, so traders’ funds are not used by the company without their permission. On the other hand, since we have not introduced trust protection, there is no guarantee that if easyMarkets goes bankrupt, you will receive a full refund of your funds. However, this is a company that has been in operation for over 20 years, so I don’t have much to worry about.

Account types and features

easyMarkets has four account types: No matter which account type you choose, there are no differences in the investment products available. The maximum leverage is 400x to 2000x, which is quite high. Spread settings can be both fixed and variable. For beginners, the Standard and Premium accounts are recommended. You can also check the minimum specifications for account types on the official website. Compared to fxgt, exness, iforex, bigboss, etc., there are quite a lot of account types. You can easily open an account that meets your conditions.

StandardPremiumVIPMT5
Trade StyleDDDDDDDD
Max Leverage4004004002,000
Trade InstrumentsForeign exchange
precious metal
energy
Products/Stocks
stock index
virtual currency
Foreign exchange
precious metal
energy
Products/Stocks
stock index
virtual currency
Foreign exchange
precious metal
energy
Products/Stocks
stock index
virtual currency
Foreign exchange
precious metal
energy
Products/Stocks
stock index
virtual currency
CommissionFreeFreeFreeFree
Spread2.0pips~1.8pips~1.0pips~0.6pips~
Lots100,000 currency100,000 currency100,000 currency100,000 currency
Min Lot0.010.010.010.01
Scalping
Auto Trading
Hedge
Margin Call70%70%70%70%
Loss Cut30%30%30%30%
Zero Cut
Trade ToolOriginal
MT4
Original
MT4
Original
MT4
MT5
Base CurrencyJPY
USD
EUR
JPY
USD
EUR
JPY
USD
EUR
JPY
USD
EUR
Min Deposit25$2,000$10,000$25$
Bonus

easyMarkets features

easyMarkets has the following features: The service is very convenient as it not only provides email and live chat, but also telephone support. Because the leverage is high, you can set lots high and hold many positions. Swap points occur when the day passes. Platforms available are MT4 and MT5. A major advantage is that there are freeze transactions such as dealcancellation as an optional feature. Your account will not be frozen unless you engage in prohibited activities in the market.

slippage

One detail of easyMarkets’ offering that sets it apart from other FX brokers is that there is no slippage. Slippage is the difference between the rate when you place your order and the rate when it is actually executed. It is especially suitable for short trades and scalping trades that require precision trades. Major currencies such as USD, EUR, JPY, GBP, AUD, CAD, CHF, and NZD can be traded. You can simply buy and sell new stocks in both long-term and short-term trades.

Unique tools

EasyMarkets, which is well-known worldwide, has not only MT4 and MT5, but also unique tools developed by the company that are not available at other companies. The proprietary tool has a leverage of 200x and cannot be used as an automated trading (EA) tool, but it has many features that MT4 does not have. Both sides and scalping are also OK. You can also trade on the app. You can make advantageous trades without having to worry about unrealized losses and costs at important times. You can also plan your strategy in advance.

There is a bonus campaign

easyMarkets offers deposit bonuses, re-deposit bonuses, and even refer-a-friend bonuses. There are plenty of bonuses, campaigns, cashbacks, and even points. Payment can be made by bank transfer, credit card, or virtual currency. It is attractive that a demo account is also available. Transaction costs vary depending on account type. Please note that the bonus usually disappears when you make a withdrawal. The latest information has a cushion function for bonuses, making it easy to manage assets and funds.

Adopts zero cut

easyMarkets uses a zero cut system. The zero cut system means that in the unlikely event that your account balance becomes negative, the company will compensate you. In other words, it is a system in which traders are not required to pay additional margin. There is no margin call, so traders save a lot of money. You can trade even with different accounts with high amounts, and if the loss becomes large, a stop-loss cut will be applied.

DD method

easyMarkets uses the DD method for trading. The DD method is a trading method that does not release customer orders to the market, and if the user wins, easyMarkets will lose that amount, and if the user loses, the company will profit.

Investment products handled

As explained above, easyMarkets handles foreign exchange, precious metals, energy, commodities, stocks, stock indexes, and virtual currencies. The number of products we handle is relatively large. It is considerably more complete than long-established FX companies such as ironfx, traderstrust, fbs, xm, and titanfx. The disadvantages are that the products, stocks, and even minimum spreads that can be traded vary depending on the account. All types of major currencies such as the dollar are eligible. Please check each official terms of use and content in advance.

Forex63
Metal19
Energy5
Commodity7
Stock52
Indices15
Crypto20

Maximum leverage 2000x

easyMarkets has a type called MT5 account, and in this case, the maximum leverage is 2000x, making it possible to perform one of the highest leverage trades among FX brokers around the world. Please note that when using 2,000x leverage, there may be restrictions if your account balance is large. Please note that if the loss becomes large, a margin call will be triggered. There is also an official stop loss calculation tool.

VIP account

easyMarkets has a type called VIP account, but the spread is very narrow. Other account types have bonuses, so the spread is very wide, but VIP is very narrow, so it is recommended. The problem is that you cannot subscribe to this plan unless you trade a certain amount in advance, but you will be fully supported and contacted.

Unique optional features

easyMarkets has unique trading features that no other FX broker has. The vanilla option is a very interesting feature, so we recommend you to try it out. It is also listed on the latest official website. Also, other FX companies do not offer such services at all. We recommend that you try it out.

Reputation and reviews

Let’s take a look at easyMarkets’ reputation. The following is a quote from TradersUnion, a review site for FX brokers around the world. The core users will be Malaysia, China, and Pakistan. Other than that, you can see that there are a lot of users distributed in North America, the Middle East, and Africa. As you can see from this, easyMarkets is an FX broker that has successfully expanded globally.

Source : TradersUnion

I think EasyMarkets is only average. This is a broker with an average deposit, an educational program that is not updated, has no copy trading services, or investment programs. Yes, their platform is not bad, I speak as an IT specialist, but you won’t go far on one platform. It lacks some additional services. I prefer that a broker has everything and there is no need to look for information, services, or more favorable conditions outside the broker’s platform. I upvote on spreads, commissions, and the choice of payment systems. There are more assets, of course, but not everyone needs a lot of them. There are enough tools here. It would not hurt to refine its support services. I have been waiting for an answer for quite a long time. I am more accustomed to quickly solving the issue and continue working, not waiting for someone to pay attention to me before they help.

Source : TradersUnion

The broker made a pleasant impression on me. The site is simple and straightforward, all information is publicly available, no “information on personal request” or “it is confidential.” I quickly registered and replenished my account through Visa, then I used Neteller. Everything was fast and there were no problems. I figured out on my own what was going on with the bonus, but it took a long time. What can be withdrawn, what cannot, how to close? Yes, the bonus size still depends on the minimum deposit, so I do not recommend counting on an attractive 50% payout. But the bonus is tenth in line; trade is much more important. Everything is smooth here. Spreads are relatively low and fixed. I like it. I am a lover of currency pairs and sometimes options. The course also surprised me. This is the first time I have seen a broker issuing certificates of training. Now I am doing it, later I will share my impressions and write whether it is worth looking for alternative trading courses. So far, it seems to me that EasyMarkets has everything a trader needs to work comfortably.

Source : TradersUnion

Should traders without experience consider cooperation with EasyMarkets? Yes. Should we consider it as a universal option? Probably not. I’ll start with the positives. The broker is quite reliable; the minimum deposit is optimal; a large number of trading instruments are available; there’s a demo account, and analytical services to control the market and make informed decisions. But EasyMarkets’s emphasis is on being a broker for active clients. This broker is for those who are already experienced traders. There is educational information, but it is not sufficient. From personal experience, I can say that observing the work of professionals is just as important as reading books and watching videos. As an experienced client, I was pleased with the spreads, platforms, and technical components. Everything works like a Swiss watch. For active trading, it’s the very thing! But for investing, I choose other brokers.

Source : TradersUnion

From my personal experience of trading through EasyMarkets, I will say that such disadvantages as a slightly larger spread than that of other brokers, or a slow platform do not matter. There are no such problems, and in general, modern brokers cannot have such problems. All options at EasyMarkets work better than those of most companies.

Source : TradersUnion

I think easyforex does a great job. Basically, trading takes place without requotes and slippages, although sometimes such situations do occur. When I experienced slippage when trading oil, I contacted support and they immediately corrected the situation. For me, this is an indicator of reliability and respect for traders from easyforex.

Source : TradersUnion

I have an unequivocal opinion about EasyMarkets. It is trustworthy. Do not listen to groundless statements, as it is important to focus on facts. Traders have their own normal spread level, and to avoid misunderstandings, you can familiarize yourself with the numbers on the broker’s website in advance, as they are all available in the public domain. This is what I did when I opened an account with it. Execution of trades has always gone smoothly for me, and I have been working here for about two years now. EasyMarkets is an ordinary but reliable broker. I prefer a broker that can provide stability and reliability, instead of a hyped broker with potential problems.

Source : TradersUnion

I think that I will continue to trade with EasyMarkets. It’s a good platform that works almost without problems. The only drawback is slippage on the release of important news. And slippage is big. So you need to be careful when trading during this period. I rate this broker as normal.

Source : TradersUnion

Opening an account is free

EasyMarkets allows you to open an account for free. Therefore, it is easy to open an account, so if you are interested, please open an account. Users can also trade currencies with high volatility such as Bitcoin. If it’s a weekday business day, your identity verification and account activation will be completed immediately, so you can try it out right away. After that, you can make a deposit and receive the bonus immediately.

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