You can set the maximum risk that you are comfortable with before trading, how long the trade will last with an expiry time (or close it manually before this) and what direction you with to trade. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It's a good thing the broker has an effective customer support network; traders can lodge these complaints to the customer support unit and patiently follow their instructions afterward. Something else that may surprise you is the fact that they still have phone calls.
i wanted help about my account
All BrokerNotes content is researched, fact-checked, and edited by the research team. Our research led us to appreciate easyMarkets' robust regulatory framework, being a MiFID-regulated and ASIC-authorised broker. Meet Cole, a forex trading expert and passionate finance enthusiast. As the Editor-in-Chief at Forex EU, he ensures every review and guide is meticulously crafted and top-notch. His leadership and dedication bring you unparalleled insights and the best in European Forex content. Under the menu, there is another “Deposit Funds” option along with a demo/live account toggle and live chat functionality.
What can I trade on EasyMarkets?
The standard trade parameters are the direction of the trade as well as the amount at risk and the expiry time. Trading forwards is done on the easy markets web platform and it allows you to select a forward date up to thirty days ahead. The forward option is currently available on 39 different forex pairs.
easyMarkets’ Customer Support
The currency market is open 24 hours a day, 5 days a week, with 3 main trading sessions around the world. There is a great selection of over 95 major, minor and exotic currency pairs to choose from, including popular pairs such as the EURUSD, GBPUSD, USDCHF & USDJPY. MetaTrader 4 (MT4) is one of the most popular trading platforms in the world. MT4 is well known for its easy to use interface and quick learning curve. It was developed by trading software company MetaQuotes, is available in multiple languages and free to download. You can choose from over 150+ markets with the simple day trading tickets.
Excellent Customer Service
You can access live real time prices and market news directly from within the app. Features include integrated tools for conducting analysis, dealCancellation, Freeze Rate and Free Guaranteed Stop Loss and Take Profit. Available on iOS or Android devices, it gives you all of the same features as the easyMarkets web platform with access to markets everywhere in the world that you have an internet connection.
- To use the new feature, go to the easyMarkets web platform or the iOS / Android mobile app, select your open position, and click the ‘edit’ icon to configure and activate it.
- In conclusion, easyMarkets stands as a reputable and reliable forex trading platform that has successfully carved its niche in the industry.
- Sometimes there is a welcome bonus on your first deposit, where they match it to some degree.
- EAs are Expert Advisors which are basically just trading bots that are developed for MT4s.
- This means that deposits are segregated into a separate account, and there are training standards and requirements for external auditing.
Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. https://traderoom.info/easymarkets-introduction/ Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
By covering transaction costs for its clients efficiently and economically, Easy Markets facilitates a seamless banking experience while ensuring hassle-free fund management services. Additionally, fees vary depending on the instrument and increase twofold every Wednesday to cater to weekend holdings. Traders must be cognisant of these charges since they may impact profit margins over time-based transactions, particularly those employing long-term trading methods. For instance, distinguished traders can trade EUR/USD pairs at 0.9 pips or less!
The economic calendar in this updated platform is advanced, while the EA strategy tester has been upgraded, offering traders an even broader analytical environment. Following the release of its previous version, the broker has introduced the newest iteration of its MetaTrader platform, MetaTrader 5. This upgraded platform boasts a significantly enhanced trading experience thanks to its improved timeframes, graphical elements, and technical indicators. https://traderoom.info/ The platform offers a comprehensive suite of trading resources, such as advanced charting capabilities, various technical indicators, and automated trade functions via Expert Advisors (EAs). Overall, the Platform boasts a tailored interface that streamlines the trading experience for investors at any stage. Its intuitive design empowers new traders to navigate trading effortlessly, while seasoned traders can leverage its vast functionalities.
Another easyMarkets bonus is its management team—the team in charge of the daily operations and organization of the company. The team consists of seasoned financial experts with in-depth knowledge and experience in online trading. The quality of their work reflects in the quality of services rendered by the broker across its trading platform.
Since 2001, easyMarkets has been offering traders around the world innovative features, flexible trading platforms and over 200+ global markets. They are an award winning and established broker with competitive trading conditions for all traders. Demo accounts are available if you wish to test the different trading platforms and conditions before opening a real account. I would always try a broker on demo at first to see what they have to offer.
As well as having an impeccable compliance record, they have also been involved in the sector for almost two decades. Ultimately, the platform is laid out in such a way as to make trading very appealing, accessible, and simple to understand. EasyMarkets operates on a commission-free basis across all of the account choices. With the freeze rate tool, you can now freeze the price you see.