Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. EasyMarkets MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.You should upgrade the iOS MetaTrader 5 xm forex review app regularly. New versions provide improved functionality and increased stability.easyMarkets MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

The ability to choose from 19 base currencies, including BTC, surpasses the options at almost every broker we’ve evaluated, providing flexibility to global traders. Additionally, geopolitical factors such as international sanctions, political instability, or economic embargoes can also impact a broker’s ability to operate in specific regions. EasyMarkets must comply with these international restrictions to avoid potential legal consequences and maintain its reputation as a responsible financial services provider. Opening an account with easyMarkets is a straightforward process designed to get you started trading as quickly and efficiently as possible. Whether you’re a new or experienced trader, the broker’s streamlined registration and verification procedures ensure a smooth onboarding experience.

Are there any commissions or fees on easyMarkets accounts?

In addition, the broker is not listed on any stock exchange and does not hold a banking license. Thank you Sunday, we are so pleased to hear you had a such a great experience with easyMarkets.com and we appreciate your feedback. Dear Ms. Saaida, As we explained to you easyMarkets are unable to provide services to Citizens of Israel. We’re very sorry and thank you for the interest you had shown in trading with us. We wish you every success and appreciate you taking the time to leave your message. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

Trading carries a high level of risk and may not be suitable for all investors. This tool gives you a prominent edge of a few seconds to perform your trade. When you are dealing with cryptos and FX, this could be a game-changer for you. Set the “trading time” ahead of macroeconomic events like the NFP, FOMC, ECB, or other Central Bank announcements. We appreciate your feed back and we are glad our level of service pleases you.

The company is trustful

Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. This indicates that easyMarkets operates as the counterparty to your trades, establishing its own internal market. This approach enables easyMarkets to maintain consistent pricing and offer features such as fixed spreads. The cheapest account on easyMarkets Group is the VIP account (MT4) with an average cost per trade of $7 which is 30% cheaper than the industry standard of $10.

  • He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
  • EasyMarkets has continued to innovate and incrementally refine its offering over the years with unique features, such as its dealCancellation tool.
  • Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
  • Although easyMarkets doesn’t charge for withdrawals, you may encounter fees from third-party processors when using crypto or e-wallets.
  • The cause of this is that the companies of online brokerages are scaled much better.
  • With the easyMarkets MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

How easyMarkets as a Company Compare Against Other Brokers

The Australian Securities and Investments Commission (ASIC) regulates FP Markets in Australia, while the Cyprus Securities and Exchange Commission regulates its operations in Europe. The broker is a genuinely global organisation since it is a registered business in Limassol, Cyprus. The broker does not disclose its financial statements, and it is not shakepay review listed on any stock exchange, which may be a matter of concern to some investors. The easyMarket platform, Mobile Apps, MetaTrader 4, and TradingView are the platforms that facilitate trading at easyMarkets.

However, the broker does not provide Virtual Private Server (VPS) hosting for low-latency trading, and the platform’s lowest timeframe is 1 minute, which may be too high for scalping. When forex trading, one type of  ‘safety mechanism’ is guaranteed stop-loss. This risk management feature is recommended to those new to forex and CFDs trading. This is a major reason during our easyMarkets vs Plus500 we recommended the broker for new & intermediate traders. EasyMarkets provides a comprehensive suite of educational resources and trading tools designed to support traders of all skill levels. For traders who prefer the familiarity and advanced features of MetaTrader, easyMarkets offers both MT4 and MT5 platforms.

How to Open an easyMarkets Account

  • Regulatory compliance instills confidence in traders regarding the safety of their funds and the reliability of EasyMarkets.
  • Although not publicly traded, the broker maintains a good standing in the industry with a trust score of 80, which falls under the “Trusted” category according to the research from ForexBrokers.com.
  • Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms.
  • Once a trade is made, a countdown clock shows how much time is left for the trade to be cancelled without realising a loss using this feature.
  • EasyMarkets was founded in 2001 and has established itself as a respected name in the forex and CFD trading industry.

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. EasyMarkets is regulated by Tier 1 regulatory bodies such as the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities Exchange Commission (CySEC). A guaranteed stop means that you can set the maximum amount you are willing to lose in a single trade and the broker will ‘guarantee’ you will not lose more than this amount. From my experience with easyMarkets, the research tools are excellent. It’s incredibly user-friendly, with a clean interface and essential tools like technical indicators (powered by TradingView), market news, charts, and financial calendars. Additionally, introducing a copy trading feature would cater to those seeking diversified opportunities and passive investment strategies.

About the Editorial Team

To access this feature you need to be using the easyMarkets platform, not the MetaTrader 4 platform which easyMarkets also offers. When taking your position, you must activate dealCancellation as shown on the screenshot below. When you do this, a small premium in the form of a slightly wider spread will be charged. Guaranteed stops provide a ‘safety net’ in extreme situations when currency movements can be dramatic. While all brokers offer ‘stop-loss’ orders, most are not guaranteed. The broker will try to exit you at your stop loss, but if they can’t exit you, you bear the loss.

The broker is regulated by reputable authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). Regulatory compliance instills confidence in traders regarding the safety of their funds and the reliability of EasyMarkets. EasyMarkets offers its own web platform with TradingView charts, also available as a mobile app, along with MetaTrader 4 and MetaTrader 5. This software supports advanced charting capabilities, comprehensive market research materials, and easy order execution.

How do I trade using the easyMarkets App?

The diversity of tradable assets offered by easyMarkets is a significant advantage for traders. It allows for the construction of versatile portfolios and the implementation of various trading strategies. The broker’s offerings cater to both short-term speculators and long-term investors, with instruments suitable for different market conditions and risk profiles.

EasyMarkets’ user-friendly account opening process is designed to get you up and running quickly. The broker’s support team is available 24/5 to assist you with any questions or issues you may encounter during the registration process. EasyMarkets lexatrade review operates under a robust regulatory framework, holding licenses from several respected financial authorities worldwide.

You can download the easyMarkets app or trade with easyMarkets through the MetaTrader 4 application on the Apple app store. You can trade a wide variety of instruments with easyMarkets over 275 instruments in fact. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I had a little challenge with my acount and the two people I met online, were soooo willing and well commited to help me go through every step towards a solution.. Each one at own time , took time to push for a resolution and were so patient I could read that from their voices and how they were willing to wait…