This article will explain the safety, reputation, reviews, advantages and disadvantages of using an account with overseas FX broker easyMarkets. With over 20 years of operating history, it is a very famous FX broker. It is also known among soccer fans as it sponsors the world’s top soccer club, Real Madrid. What do easyMarkets users think about it?
easyMarkets Company Profile
easyMarkets was founded in 2001, making it by far the oldest company when compared to overseas FX brokers. The operating company is EF Worldwide Limited, and it is an FX broker based 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, which is located in Limassol, Cyprus. There are no rumors of withdrawal refusals when it comes to account opening, trading, and bonuses, and vanilla options are available at the exchange, so it is recommended.
| Operation Company | EF Worldwide Limited |
| Address | Ajeltake Road, Trust Company Complex, MH 96960, Ajeltake Island, Majuro, Marshall Islands. |
| License | CySEC,ASIC,FSA,FSC |
| Found | 2001 |
| URL | Click 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
Easy Markets has a long history of operation, and although it does not have a base in Japan, it does have a group company. It has branch offices in various European countries, Sydney, Australia, and Shanghai, China. Therefore, it can be said to be an FX broker that has successfully expanded globally. According to information, the fees for placing price orders are low, and since it is a reliable company, there are no cases of registration being rejected. Even for the first time, you can transfer money without any problems as long as you submit your address and identification. It has a cysec license number and a proven track record, so it is safe. Low fees and narrow spreads depending on your purpose make it possible to compete.
| Name | License |
| Easy Forex Tradin Ltd | CySEC |
| Easy Markets Pty Ltd | ASIC |
| EF Worldwide Ltd | FSC |
| EF Worldwide Ltd | FSA |
Separate management available
Since easyMarkets manages funds separately, traders’ funds will not be used by the company without their consent. On the other hand, since there is no trust protection, if easyMarkets goes bankrupt, there is no guarantee that the full amount of funds will be returned. However, since it is a company that has been operating for over 20 years and is not limited to Japan, there is little concern. For reference, environments such as easytrade and MT can be downloaded and installed, and there are a wide variety of currency pairs and CFDs. There are also many customers.
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.
| Standard | Premium | VIP | MT5 | |
| Trade Style | DD | DD | DD | DD |
| Max Leverage | 400 | 400 | 400 | 2,000 |
| Trade Instruments | 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 | Foreign exchange precious metal energy Products/Stocks stock index virtual currency |
| Commission | Free | Free | Free | Free |
| Spread | 2.0pips～ | 1.8pips～ | 1.0pips～ | 0.6pips～ |
| Lots | 100,000 currency | 100,000 currency | 100,000 currency | 100,000 currency |
| Min Lot | 0.01 | 0.01 | 0.01 | 0.01 |
| Scalping | 〇 | 〇 | 〇 | 〇 |
| Auto Trading | 〇 | 〇 | 〇 | 〇 |
| Hedge | 〇 | 〇 | 〇 | 〇 |
| Margin Call | 70％ | 70％ | 70％ | 70％ |
| Loss Cut | 30％ | 30％ | 30％ | 30％ |
| Zero Cut | 〇 | 〇 | 〇 | 〇 |
| Trade Tool | Original MT4 | Original MT4 | Original MT4 | MT5 |
| Base Currency | JPY USD EUR | JPY USD EUR | JPY USD EUR | JPY USD EUR |
| Min Deposit | 25$ | 2,000$ | 10,000$ | 25$ |
| Bonus | 〇 | 〇 | 〇 | 〇 |
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 friend referral bonuses. There are a wide variety of bonuses, campaigns, cashbacks, and points. You can deposit money by bank transfer, bitwallet, sticpay, credit card, or cryptocurrency. A demo account is also available. Transaction costs vary depending on the account type. Be careful, as bonuses usually disappear when you withdraw money. The latest information shows that bonuses have a cushion function, making it easy to manage assets and funds. The time it takes for deposits to be reflected is one of the fastest in the industry.
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 its trading method. The DD method is a trading method in which customer orders are not released to the market, so if the user wins, that amount becomes easyMarkets’ loss, and if the user loses, it becomes the company’s profit. EasyMarkets can be used on both the web and PC, is transparent overall, and is a system that is always suitable for immediate start with the click of a button. In addition, you can earn bonuses, making it one of the best brokers in the industry.
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.
| Forex | 63 |
| Metal | 19 |
| Energy | 5 |
| Commodity | 7 |
| Stock | 52 |
| Indices | 15 |
| Crypto | 20 |
Maximum leverage 2000x
easyMarkets offers an MT5 account, which allows a maximum leverage of 2000x, making it one of the most leveraged FX brokers in the world. When using 2,000x leverage, be aware that if your account balance is large, you may be restricted. One thing to note is that margin calls will be triggered if losses become large. There is also an official stop loss calculator. Basically, the higher the leverage when starting out in financial services, the smaller the amount of trading you can do. Orders are processed instantly, making this the perfect broker for beginners. If you have the knowledge, try using these higher leverages to make a profit.
VIP account
easyMarkets has a type of account called a VIP account, but the spread is very narrow. Other account types have very wide spreads because of the bonuses, but VIP is the only one that is very narrow, so I recommend it. The problem is that you cannot join this plan unless you trade a certain amount in advance, but you will be well supported and contacted. Please request the upgrade procedure from My Page at first. If you specify it, there will be a considerable amount of luxurious promotions in the group. It is possible to receive bonuses directly. Even first-time users can use it.
Unique optional features
easyMarkets has unique trading features that are not available at other FX brokers. Vanilla options are a very interesting feature, so we recommend that you try them out. They are also listed on the latest official website. No other FX companies offer such services. We recommend that you try them out. Certain operations and actions are unique to this broker and are advertised in media news. We recommend that you access the site and try using it with major currencies.
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 are Malaysia, China, and Pakistan. Other than that, you can see that there are many users in North America, the Middle East, and Africa. As you can see from this, easyMarkets is an FX broker that has been successful in expanding globally. Since there are three types of accounts and various general functions can be used on at least smartphones and PCs, even professionals who understand the basic techniques can be active and win stably. Currently, in principle, there is support from staff depending on the time of day, and if you continue to lose as a result, it is a good idea to consult through the form.
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
Opening an account with easyMarkets is free. Therefore, you can feel free to open an account, so if you are interested, why not open an account? Users can also trade highly volatile currencies such as Bitcoin. If it is a weekday business day, identity verification and account activation will be completed quickly, so you can try it right away. After that, you can receive deposits and bonuses immediately. Basically, identity verification is completely mandatory (My Number card, passport, driver’s license, etc.), so if you present it at the same time, it will be smooth. Enjoy big ups and downs in trading with high leverage.
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