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EasyMarkets Trading Broker Review 2024

Fixed Spreads & Innovative Tools

Written by Constantin T.

Fact-checked by Nathaniel A.

Updated August 2024

EasyMarkets, a well-established online broker founded in 2001, has built a strong reputation in the trading community for its user-friendly platform and transparent trading conditions. Regulated by multiple authorities, including CySEC and ASIC, EasyMarkets offers a wide range of trading instruments, including forex, commodities, indices, cryptocurrencies, and options. With over two decades of experience, EasyMarkets has positioned itself as a reliable and secure broker, catering to both beginners and experienced traders. The broker’s innovative tools, competitive spreads, and exceptional customer support make it a standout choice for traders seeking a comprehensive trading experience. We thoroughly tested this broker in this EasyMarkets review to provide an in-depth review, ensuring that our findings are based on first-hand experience.

Is EasyMarkets Available in My Country?

Check if EasyMarkets is available in your country:

    • Åland Islands
    • Albania
    • Algeria
    • American Samoa
    • Andorra
    • Angola
    • Anguilla
    • Antarctica
    • Antigua and Barbuda
    • Argentina
    • Armenia
    • Aruba
    • Australia
    • Austria
    • Azerbaijan
    • Bahamas
    • Bahrain
    • Bangladesh
    • Barbados
    • Belgium
    • Belize
    • Benin
    • Bermuda
    • Bhutan
    • Bolivia
    • Bonaire, Sint Eustatius and Saba
    • Bosnia and Herzegovina
    • Botswana
    • Bouvet Island
    • Brazil
    • British Indian Ocean Territory
    • Brunei Darussalam
    • Bulgaria
    • Burkina Faso
    • Cabo Verde
    • Cameroon
    • Chile
    • China
    • Christmas Island
    • Cocos (Keeling) Islands
    • Colombia
    • Cook Islands
    • Costa Rica
    • Côte d’Ivoire
    • Croatia
    • Curaçao
    • Cyprus
    • Czechia
    • Denmark
    • Djibouti
    • Dominica
    • Dominican Republic
    • Ecuador
    • Egypt
    • El Salvador
    • Estonia
    • Eswatini
    • Ethiopia
    • Falkland Islands
    • Faroe Islands
    • Finland
    • France
    • French Guiana
    • French Polynesia
    • French Southern Territories
    • Gabon
    • Gambia
    • Georgia
    • Germany
    • Ghana
    • Gibraltar
    • Greece
    • Greenland
    • Grenada
    • Guadeloupe
    • Guam
    • Guatemala
    • Guernsey
    • Guyana
    • Heard Island and McDonald Islands
    • Holy See
    • Honduras
    • Hong Kong
    • Hungary
    • Iceland
    • India
    • Indonesia
    • Ireland
    • Isle of Man
    • Italy
    • Jamaica
    • Japan
    • Jersey
    • Jordan
    • Kazakhstan
    • Kenya
    • Kiribati
    • Korea, Republic of
    • Kuwait
    • Kyrgyzstan
    • Latvia
    • Lebanon
    • Lesotho
    • Liechtenstein
    • Lithuania
    • Luxembourg
    • Macao
    • Madagascar
    • Malawi
    • Malaysia
    • Maldives
    • Mali
    • Malta
    • Marshall Islands
    • Martinique
    • Mauritania
    • Mauritius
    • Mayotte
    • Mexico
    • Micronesia (Federated States of)
    • Moldova
    • Monaco
    • Mongolia
    • Montenegro
    • Montserrat
    • Morocco
    • Namibia
    • Nauru
    • Nepal
    • Netherlands
    • New Caledonia
    • New Zealand
    • Niger
    • Nigeria
    • Niue
    • Norfolk Island
    • North Macedonia
    • Northern Mariana Islands
    • Norway
    • Oman
    • Pakistan
    • Palestine, State of
    • Papua New Guinea
    • Paraguay
    • Peru
    • Philippines
    • Pitcairn
    • Poland
    • Portugal
    • Puerto Rico
    • Qatar
    • Romania
    • Rwanda
    • Réunion
    • Saint Barthélemy
    • Saint Helena
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Martin (French part)
    • Saint Pierre and Miquelon
    • Saint Vincent and the Grenadines
    • Samoa
    • San Marino
    • Sao Tome and Principe
    • Saudi Arabia
    • Senegal
    • Serbia
    • Singapore
    • Sint Maarten (Dutch part)
    • Slovakia
    • Slovenia
    • Solomon Islands
    • South Africa
    • South Georgia and the South Sandwich Islands
    • South Sudan
    • Spain
    • Sri Lanka
    • Suriname
    • Svalbard and Jan Mayen
    • Tajikistan
    • Tanzania
    • Thailand
    • Timor-Leste
    • Togo
    • Tokelau
    • Tonga
    • Trinidad and Tobago
    • Tunisia
    • Turkey
    • Turks and Caicos Islands
    • Tuvalu
    • Uganda
    • Ukraine
    • United Arab Emirates
    • United Kingdom of Great Britain and Northern Ireland
    • Uruguay
    • Uzbekistan
    • Vanuatu
    • Viet Nam
    • Virgin Islands (British)
    • Wallis and Futuna
    • Western Sahara
    • Zambia

    EasyMarkets Rating

    3.9/ 5.0

    Fees

    3.7/ 5.0

    Instruments

    3.9/ 5.0

    Deposit/ Withdraw

    3.9/ 5.0

    Experience

    4.0/ 5.0

    Platform

    3.9/ 5.0

    Mobile Platform

    3.9/ 5.0

    Web Platform

    3.8/ 5.0

    EasyMarkets Pros and Cons

    Pros

    • Regulated and Secure
    • Fixed Spreads
    • Innovative Tools
    • Comprehensive Customer Support

    Cons

    • Higher Spreads on Some Instruments
    • Inactivity Fees
    • No Support for MT5

    Why to choose EasyMarkets?

    EasyMarkets stands out in the crowded brokerage space for several compelling reasons. First and foremost, the broker’s commitment to transparency and security is evident through its regulation by both CySEC and ASIC, ensuring traders are protected under strict financial oversight. Additionally, EasyMarkets caters to traders of all experience levels with its fixed spreads, which eliminate the uncertainty of fluctuating trading costs—making it easier to plan and manage trades effectively.

    The broker also offers innovative risk management tools, such as dealCancellation, which allows traders to undo losing trades within a specified period, and Freeze Rate, which lets traders freeze the current rate to secure a better entry or exit. These unique features give traders an extra layer of control over their trading strategies, minimizing risks in volatile markets.

    Another reason to choose EasyMarkets is its exceptional customer support, available 24/5 through various channels, including live chat, phone, and email. The broker’s platform is intuitive and easy to navigate, making it suitable for both novice and experienced traders. With a wide range of trading instruments, from forex and commodities to indices and cryptocurrencies, EasyMarkets provides ample opportunities to diversify trading portfolios. Whether you are a beginner looking for a straightforward platform or an experienced trader seeking advanced tools, EasyMarkets offers a balanced mix of simplicity and sophistication.

    Min. Deposit: 25$ Max. Leverage: 1:400 Trading Fees: Middle Founded: 2001 Trusted Broker: Yes 10-Year Track Record: Yes

    Trading Instruments at EasyMarkets

    Instrument Score3.9/5.0

    EasyMarkets offers a diverse range of trading instruments, providing traders with numerous opportunities to explore different markets and strategies. The broker’s selection includes:

    Trading Instrument Available
    Forex Available
    Stocks Available
    Crypto Available
    Futures Not Available
    Options Available
    Bonds Not Available
    ETFs Not Available
    CFDs Available

    Forex: With over 60 currency pairs, EasyMarkets offers comprehensive coverage of major, minor, and exotic forex pairs. Traders can take advantage of the broker’s fixed spreads and leverage up to 1:30 for retail clients (higher for professional clients) to capitalize on market movements.

    Commodities: EasyMarkets provides access to a variety of commodities, including precious metals like gold and silver, energy products such as oil and natural gas, and agricultural products like coffee and sugar. This allows traders to diversify their portfolios and hedge against inflation or other economic risks.

    Indices: Traders can invest in global indices representing the major economies, including the S&P 500, NASDAQ, FTSE 100, and more. EasyMarkets’ index trading offers fixed spreads, giving traders a clear understanding of their trading costs.

    Cryptocurrencies: While the selection is somewhat limited, EasyMarkets offers trading on popular cryptocurrencies like Bitcoin, Ethereum, and Ripple. Traders can engage in crypto trading with fixed spreads and without the need for a digital wallet, as all transactions are handled directly on the platform.

    Options: EasyMarkets also offers vanilla options, which is a unique feature compared to many other brokers. This allows traders to speculate on the direction of price movements with the added benefit of a known maximum risk.

    This wide array of trading instruments makes EasyMarkets a versatile broker capable of meeting the needs of various trading styles and preferences.

    Trading Fees

    Fee Score3.7/5.0

    EasyMarkets is known for its transparent fee structure, which is a significant advantage for traders looking for predictable costs. The broker does not charge commissions on trades, relying instead on spreads, which are fixed and disclosed upfront. This section will break down the various fees associated with trading on EasyMarkets, including deposit and withdrawal fees, account maintenance costs, and trading-related charges.

    Fees EasyMarkets
    Deposit Fee $0
    Withdraw Fee $0
    Account Fee No
    Inactivity Fee Yes
    EUR/USD Spread 0.7
    S&P 500 Cfd Spread 0.5

    Deposit Fee at EasyMarkets

    EasyMarkets does not charge any fees for deposits, regardless of the payment method used. This is a considerable advantage, especially for traders who make frequent deposits or prefer to use different payment options. The broker supports a wide range of deposit methods, including credit/debit cards, bank transfers, and various e-wallets like PayPal and Skrill.

    Withdraw Fees at EasyMarkets

    Similar to deposits, EasyMarkets does not charge any withdrawal fees for most payment methods. However, it’s essential to check with your payment provider, as some third-party fees might apply. Withdrawals are typically processed within 24 hours, ensuring that traders have quick access to their funds.

    Account Fee

    EasyMarkets does not impose any monthly or annual account maintenance fees. This makes it an attractive option for traders who prefer to keep their costs minimal, especially those who may not be active frequently but want to maintain an account.

    Inactivity Fee

    The broker does charge an inactivity fee if there is no trading activity on the account for 12 months. The fee is $25 per month, which is deducted from the account balance. While this is common among brokers, it’s something to be aware of if you plan on taking a break from trading.

    Spreads and Commissions

    EasyMarkets operates on a fixed spread model, meaning that the spread remains consistent regardless of market conditions. For example, the spread for the popular EUR/USD pair starts at 0.7 pips, which is competitive compared to many other brokers. Since EasyMarkets does not charge additional commissions, the spread is the only cost traders incur when executing trades. This fixed spread model is particularly advantageous during times of market volatility, as it prevents unexpected costs.

    In summary, EasyMarkets offers a transparent and straightforward fee structure, with no hidden costs or unexpected charges. The lack of deposit and withdrawal fees, combined with competitive fixed spreads, makes it an attractive choice for cost-conscious traders.

    Regulation

    Trusted Broker

    Regulation is a critical factor when choosing a broker, and EasyMarkets excels in this area by being well-regulated by multiple reputable authorities. The broker’s strong regulatory oversight ensures a high level of security and transparency, providing traders with peace of mind when trading.

    Regulator Licences of EasyMarkets

    EasyMarkets is regulated by several top-tier financial authorities, which include:

    • Icon CySEC – Cyprus Securities and Exchange Commission – Cyprus:
      EasyMarkets operates under the license number 079/07, ensuring that it adheres to the strict financial standards and regulations set by the European Union.
    • Icon ASIC – Australian Securities and Investments Commission – Australia:
      Under license number 246566, EasyMarkets is regulated by ASIC, which is known for its rigorous oversight and protection of retail investors.
    • Icon FSA – Financial Services Authority – Seychelles:
      For global operations, EasyMarkets is also licensed under the FSA with license number SD056, allowing it to serve clients from various regions worldwide.

    These licenses confirm that EasyMarkets operates with a high degree of transparency, compliance, and accountability.

    Investors Protection

    EasyMarkets provides investor protection in line with the regulatory requirements of the authorities it is licensed by. For instance, under CySEC regulation, clients are protected by the Investor Compensation Fund (ICF), which compensates eligible retail clients up to €20,000 in the event of the broker’s insolvency. Additionally, the broker maintains segregated client accounts, ensuring that client funds are kept separate from the company’s operational funds.

    About EasyMarkets

    Established in 2001, EasyMarkets has over two decades of experience in the trading industry. Initially founded as easy-forex, the broker rebranded to EasyMarkets in 2016 to better reflect its expanded range of trading instruments beyond just forex. Throughout its history, EasyMarkets has maintained a reputation for innovation, introducing unique tools such as dealCancellation and Freeze Rate. The broker has consistently prioritized client protection and transparency, which is evident in its regulatory compliance and the robust risk management tools it offers.

    EasyMarkets Trading Platform

    Platform Score3.9/5.0

    EasyMarkets offers a variety of trading platforms tailored to meet the needs of different types of traders. Whether you prefer trading on your desktop, on the go with your mobile device, or through a web browser, EasyMarkets has a solution for you. Each platform is designed with a user-friendly interface and offers unique features to enhance the trading experience.

    easymarkets-broker-review-trading-platform

    Mobile Trading Platform

    The EasyMarkets mobile trading app is available for both iOS and Android devices, providing traders with the flexibility to manage their trades from anywhere. The mobile platform mirrors the functionality of the web platform, offering access to all trading instruments, risk management tools like dealCancellation and Freeze Rate, and real-time market data. The app also supports instant deposits, withdrawals, and account management, making it a comprehensive tool for traders on the move.

    Web Trading Platform

    EasyMarkets’ web-based trading platform is highly intuitive and does not require any downloads or installations. The platform is accessible through any web browser and offers a seamless trading experience with fast execution speeds. It provides all the features a trader would need, including fixed spreads, one-click trading, technical analysis tools, and a robust charting package. The platform is also integrated with EasyMarkets’ signature tools, like dealCancellation, ensuring that traders can fully leverage the broker’s unique offerings.

    Desktop Trading Platform

    For traders who prefer a more traditional trading environment, EasyMarkets offers the popular MetaTrader 4 (MT4) platform. The MT4 platform is renowned for its advanced charting tools, extensive range of technical indicators, and automated trading capabilities through Expert Advisors (EAs). EasyMarkets’ MT4 platform supports all the broker’s trading instruments and offers fixed spreads, making it a reliable choice for both manual and automated traders. However, it’s important to note that EasyMarkets does not support the newer MetaTrader 5 (MT5) platform.

    Trading Platform EasyMarkets
    MT4 Yes
    MT5 No
    CTrader No
    Own platform Yes
    Mobile: IOS Yes
    Mobile Android Yes

    EasyMarkets Platform

    EasyMarkets has developed its own proprietary trading platform, which is available across web, desktop, and mobile devices. The platform is designed with simplicity in mind, making it accessible for beginners while still offering advanced features that experienced traders can appreciate. The proprietary platform includes innovative tools like dealCancellation, which allows traders to reverse losing trades within a specified time frame, and Freeze Rate, which lets traders freeze the current market rate to secure better entry or exit points. The platform is fully integrated with all the broker’s trading instruments and supports instant execution with fixed spreads.

    Deposit & Withdraw

    Deposit/ Withdraw Score3.9/5.0

    EasyMarkets offers a streamlined and user-friendly process for both deposits and withdrawals, ensuring that traders can manage their funds efficiently. The broker supports a wide range of payment methods and account currencies, making it convenient for traders from various regions to fund and withdraw from their accounts.

    Deposit Methods

    EasyMarkets provides several deposit options, allowing traders to choose the method that best suits their needs. The available deposit methods include:

    • Credit/Debit Cards: Visa, MasterCard, and Maestro are accepted, providing instant deposits.

    • Bank Transfers: Available for those who prefer direct transfers from their bank accounts, though processing times may take 1-3 business days.

    • E-Wallets: EasyMarkets supports popular e-wallets such as PayPal, Skrill, and Neteller, offering fast and secure deposits.

    • Crypto Wallets: EasyMarkets allows deposits in Bitcoin and other major cryptocurrencies for traders who prefer to use digital assets.

    EasyMarkets does not charge any fees for deposits, regardless of the method chosen. This is particularly advantageous for traders who make frequent deposits or use multiple payment methods.

    Withdrawal Methods

    The withdrawal process at EasyMarkets is designed to be quick and hassle-free. Traders can use the same methods for withdrawals as they do for deposits:

    • Credit/Debit Cards: Withdrawals to credit or debit cards are processed within 1-2 business days.

    • Bank Transfers: This method may take 3-5 business days for the funds to reach your bank account.

    • E-Wallets: Withdrawals to e-wallets like PayPal, Skrill, and Neteller are typically processed within 24 hours.

    • Crypto Wallets: Withdrawals in cryptocurrencies are also available, with processing times varying depending on the blockchain network.

    EasyMarkets does not impose withdrawal fees for most methods, although third-party charges may apply depending on your payment provider.

    Account Currencies

    EasyMarkets supports multiple account currencies, providing flexibility for traders around the world. The available account currencies include:

    • USD (US Dollar)

    • EUR (Euro)

    • GBP (British Pound)

    • AUD (Australian Dollar)

    • JPY (Japanese Yen)

    • PLN (Polish Zloty)

    • CHF (Swiss Franc)

    This wide selection of account currencies allows traders to avoid currency conversion fees, which can be beneficial when depositing or withdrawing funds.

    In conclusion, EasyMarkets offers a comprehensive and flexible range of deposit and withdrawal options with no hidden fees. The quick processing times and support for multiple account currencies make it easy for traders to manage their funds efficiently, regardless of their location or preferred payment method.

    Research & Education at EasyMarkets

    EasyMarkets provides a comprehensive suite of research and educational resources designed to support traders at all experience levels. Whether you are a novice trader looking to build foundational knowledge or an experienced trader seeking advanced insights, EasyMarkets offers valuable tools and materials to enhance your trading skills and market understanding.

    Research Tools

    • Market News and Analysis: EasyMarkets offers daily market analysis and news updates that cover a wide range of financial markets, including forex, commodities, indices, and cryptocurrencies. This information helps traders stay informed about market developments and potential trading opportunities.

    • Trading Signals: The broker provides trading signals generated by a combination of technical analysis and market trends. These signals are available directly on the EasyMarkets platform and are designed to assist traders in making informed trading decisions.

    • Economic Calendar: EasyMarkets features a detailed economic calendar that highlights key economic events and indicators across the globe. Traders can use this tool to anticipate market movements and adjust their trading strategies accordingly.

    • Technical Analysis Tools: The platform is equipped with advanced charting tools that include a variety of technical indicators, drawing tools, and chart types. These tools are essential for traders who rely on technical analysis to make trading decisions.

    Educational Resources

    • Trading Courses: EasyMarkets offers a range of online trading courses designed to educate traders on various aspects of trading, from the basics of forex and commodities to more advanced topics like risk management and trading psychology.

    • Webinars and Video Tutorials: The broker regularly hosts live webinars and provides on-demand video tutorials that cover essential trading topics. These sessions are conducted by experienced market analysts and are tailored to different skill levels.

    • Ebooks and Guides: EasyMarkets provides a selection of downloadable ebooks and guides that cover various trading topics. These resources are particularly useful for traders who prefer to learn at their own pace.

    • Glossary and FAQs: The broker’s website features a comprehensive glossary of trading terms and a detailed FAQ section that answers common questions about trading, account management, and platform use.

    In summary, EasyMarkets excels in providing high-quality research and educational resources. Whether you need up-to-date market analysis, trading signals, or in-depth educational content, EasyMarkets offers a well-rounded selection of tools to help you enhance your trading performance. This commitment to trader education and market research sets EasyMarkets apart as a broker that truly supports its clients in their trading journey.

    Customer Support

    EasyMarkets is committed to providing top-notch customer support to ensure that traders have a smooth and hassle-free experience. The broker offers multiple channels for customer service, making it easy for traders to get the help they need quickly. Whether you have a technical issue, a question about your account, or need assistance with a trade, EasyMarkets’ support team is ready to assist.

    Contact Methods

    • Live Chat: Available directly on the EasyMarkets website and trading platform, the live chat option is the fastest way to get in touch with a support representative. Response times are typically within a few minutes, making it an excellent option for urgent inquiries.

    • Phone Support: EasyMarkets provides phone support for traders who prefer speaking directly with a representative. There are dedicated phone numbers for various regions, ensuring that clients receive localized support. Phone support is available 24/5, aligning with the global forex market hours.

    • Email Support: Traders can also reach out to EasyMarkets via email for less urgent queries. The broker typically responds within 24 hours, providing detailed and helpful answers to any questions.

    • WhatsApp and Viber: For added convenience, EasyMarkets also offers support via WhatsApp and Viber, allowing traders to communicate with the support team using these popular messaging apps.

    • Social Media: EasyMarkets maintains active profiles on platforms like Facebook, Twitter, and LinkedIn, where traders can ask questions or seek support. While not as fast as live chat or phone support, social media channels provide another layer of accessibility.

    Duration to Answer

    EasyMarkets is known for its prompt and efficient customer support. Based on our testing:

    • Live Chat: Response times are typically under 2 minutes.

    • Phone Support: Calls are usually answered within 1-3 minutes, depending on call volume.

    • Email Support: Emails are generally responded to within 12-24 hours.

    • WhatsApp/Viber: Messages are usually answered within 15-30 minutes during support hours.

    Support Quality

    The quality of customer support at EasyMarkets is commendable. The support team is knowledgeable, courteous, and capable of handling a wide range of queries, from technical issues to account-related questions. Additionally, the availability of multiple languages makes it easier for non-English speaking traders to receive assistance in their native language.

    In summary, EasyMarkets provides excellent customer support with multiple contact methods, fast response times, and high-quality service. Whether you need immediate assistance or have a general inquiry, the broker ensures that help is always available when you need it.

    Account Types

    EasyMarkets offers a selection of account types designed to meet the diverse needs of different traders. Whether you are a beginner or an experienced trader, EasyMarkets provides account options that cater to various trading styles, risk tolerances, and financial capacities. Below is an overview of the available account types:

    easymarkets-trading-account-types

    Standard Account

    The Standard Account is ideal for beginner traders or those who prefer a straightforward trading experience with minimal risk. This account type offers fixed spreads and access to all trading instruments, including forex, commodities, indices, and cryptocurrencies. The minimum deposit requirement is relatively low, making it accessible to new traders. The Standard Account includes all the core features of the EasyMarkets platform, including risk management tools like dealCancellation and Freeze Rate.

    Premium Account

    The Premium Account is designed for more experienced traders who may require additional benefits such as tighter spreads and higher leverage. While the minimum deposit requirement is higher than that of the Standard Account, traders gain access to more personalized customer support and enhanced trading conditions. This account type still offers all the features of the Standard Account, including access to all trading instruments and the EasyMarkets platform’s proprietary tools.

    VIP Account

    The VIP Account is tailored for high-net-worth individuals and professional traders who require the best possible trading conditions. This account offers the tightest spreads, the highest leverage, and priority customer support. Additionally, VIP account holders receive a dedicated account manager, enhanced trading tools, and exclusive market insights. The VIP Account has a significantly higher minimum deposit requirement but provides a premium trading experience with all the advantages EasyMarkets has to offer.

    Professional Account

    For professional traders, EasyMarkets offers the Professional Account, which allows higher leverage than the retail accounts, following the applicable regulations. To qualify as a professional trader, clients must meet certain criteria related to trading experience, financial portfolio size, and trading frequency. The Professional Account retains all the features of the other accounts but with enhanced leverage options and reduced regulatory protections, as per the requirements for professional classification.

    EasyMarkets Demo Account Trading

    EasyMarkets offers a free demo account, which is an excellent tool for both beginners and experienced traders to practice their trading strategies in a risk-free environment. The demo account replicates real market conditions, allowing users to familiarize themselves with the EasyMarkets platform and test their trading strategies without risking actual capital.

    The demo account comes preloaded with virtual funds, giving traders the opportunity to explore all available trading instruments, including forex, commodities, indices, and cryptocurrencies. Traders can also use the broker’s unique tools like dealCancellation and Freeze Rate in the demo environment, which helps in understanding how these features work in real trading scenarios.

    One of the significant advantages of the EasyMarkets demo account is that it does not have an expiration date. This means traders can use it for as long as they need to gain confidence and refine their strategies before transitioning to a live account. Additionally, switching between the demo and live account is seamless, allowing users to compare their strategies’ performance in both environments.

    Islamic Banking Account

    EasyMarkets offers an Islamic account option, compliant with Sharia law, for traders who require interest-free trading. The Islamic account, also known as a swap-free account, is designed for Muslim traders who wish to avoid swap or rollover interest fees on positions held overnight. This account type adheres to the principles of Islamic finance, ensuring that no interest is charged on trades, making it fully compliant with Islamic law.

    The Islamic account offers the same features as the Standard and Premium accounts, including access to all trading instruments, fixed spreads, and the full suite of trading platforms. Additionally, Islamic account holders can use the broker’s innovative risk management tools, such as dealCancellation and Freeze Rate.

    To open an Islamic account, traders simply need to apply for the swap-free option during the account registration process or by contacting customer support if they already have an existing account. The Islamic account ensures that traders can engage in trading activities while adhering to their religious beliefs, without compromising on the quality of trading conditions or available features.

    Account Opening

    Opening an account with EasyMarkets is a straightforward and hassle-free process, designed to get traders started quickly and efficiently. The broker offers a fully digital account opening process that can be completed within minutes. Below is a step-by-step guide on how to open an account with EasyMarkets.

    easymarkets-registration-steps-account-opening

    Steps to Open an EasyMarkets Account:

    1. Visit the EasyMarkets Website:

      Go to the official EasyMarkets website and click on the “Sign Up” or “Create Account” button, typically found at the top right corner of the homepage.

    2. Complete the Registration Form:

      Fill in the required information, including your full name, email address, phone number, and country of residence. You will also need to create a password for your account. Ensure that all information is accurate, as it will be used for account verification.

    3. Choose Your Account Type:

      Select the type of account you wish to open (Standard, Premium, VIP, or Islamic). You can also choose to open a demo account if you want to practice first.

    4. Verify Your Identity:

      To comply with regulatory requirements, EasyMarkets requires you to verify your identity and address. You will need to upload a copy of a valid government-issued ID (such as a passport or driver’s license) and a recent utility bill or bank statement that shows your current address.

    5. Complete the Financial Questionnaire:

      As part of the account opening process, you will need to answer a few questions about your financial background, trading experience, and investment goals. This helps EasyMarkets ensure that the trading environment is suitable for your level of experience.

    6. Fund Your Account:

      Once your account is verified, you can proceed to deposit funds. EasyMarkets offers a variety of deposit methods, including credit/debit cards, bank transfers, e-wallets, and cryptocurrencies. Choose your preferred method, enter the deposit amount, and complete the transaction.

    7. Start Trading:

      After funding your account, you can start trading immediately. You’ll have access to all available trading instruments and platforms, along with EasyMarkets’ unique tools like dealCancellation and Freeze Rate.

    Additional Information

    • Minimum Deposit: The minimum deposit requirement varies depending on the account type. For a Standard Account, the minimum deposit is typically $100, making it accessible for most traders.

    • Account Approval Time: The account verification process is usually completed within 24 hours, allowing you to start trading quickly.

    • Account Currency Options: During the account opening process, you can select your preferred account currency (USD, EUR, GBP, etc.), which helps avoid conversion fees when depositing and withdrawing funds.

    Opening an account with EasyMarkets is a quick and user-friendly process. The broker ensures that all necessary regulatory checks are completed efficiently, allowing traders to focus on what matters most—trading. Whether you’re opening a live account or starting with a demo, EasyMarkets provides a seamless onboarding experience tailored to your trading needs.

    Open Account

    EasyMarkets Review Results

    Broker Rating3.9/5.0

    After a comprehensive review and hands-on testing, EasyMarkets stands out as a reliable and well-rounded broker suitable for traders of all experience levels. The broker’s long-standing history, robust regulatory framework, and commitment to transparency make it a trustworthy choice for those looking to trade across various financial markets.

    easymarkets-broker-review-result-3-9-points

    Key Strengths:

    • Regulation and Security: EasyMarkets is regulated by top-tier authorities, including CySEC and ASIC, ensuring that traders are protected under strict financial oversight. The broker’s commitment to client fund safety is evident through segregated accounts and investor protection schemes.

    • User-Friendly Platforms: EasyMarkets offers a variety of platforms, including its proprietary easyMarkets Platform, MetaTrader 4, and mobile apps. Each platform is designed for ease of use, making it accessible to beginners while offering advanced tools for experienced traders.

    • Fixed Spreads and Unique Features: The broker’s fixed spread model provides cost certainty, even during volatile market conditions. Additionally, EasyMarkets’ innovative tools, such as dealCancellation and Freeze Rate, offer traders extra control over their trades and help manage risk effectively.

    • Diverse Account Types: EasyMarkets caters to a wide range of traders through its varied account types, including Standard, Premium, VIP, Islamic, and Professional Accounts. This flexibility ensures that both novice and seasoned traders can find an account that suits their needs.

    • Comprehensive Research and Education: EasyMarkets excels in providing high-quality educational resources and market analysis tools, making it an excellent choice for traders looking to enhance their knowledge and stay informed about market trends.

    Areas for Improvement:

    • Limited Cryptocurrency Selection: While EasyMarkets offers cryptocurrency trading, the range of available cryptocurrencies is more limited compared to some other brokers.

    • No MetaTrader 5 Support: EasyMarkets only offers MetaTrader 4, which may be a drawback for traders who prefer the newer MetaTrader 5 platform.

    • Inactivity Fees: The broker charges an inactivity fee for accounts that remain dormant for 12 months, which could be a consideration for less active traders.

    Final Thoughts:

    Overall, EasyMarkets provides a secure, transparent, and user-friendly trading environment with innovative tools that set it apart from many competitors. The broker’s emphasis on fixed spreads, regulatory compliance, and comprehensive support services makes it a solid choice for both new and experienced traders. Despite some minor limitations, EasyMarkets delivers a balanced and feature-rich trading experience that is well worth considering for anyone looking to trade in the financial markets.

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    MarketBulls Testing Methodology

    At MarketBulls, our commitment to delivering accurate, reliable, and comprehensive reviews is at the core of everything we do. Our testing methodology is designed to provide traders with insights that are grounded in real-world experience, thorough analysis, and a deep understanding of the financial markets.

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    Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table. Each review is meticulously fact-checked and validated by our in-house experts to ensure it meets the highest standards of accuracy and relevance.

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    We don’t just rely on theoretical data or external sources. Every broker review undergoes a rigorous self-testing process, where our analysts actively trade on the platforms under review. This hands-on approach allows us to assess the broker’s performance across key areas such as execution quality, platform usability, fee structures, and customer support. By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy.

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    Risk Disclaimer

    Trading financial instruments, including but not limited to forex, CFDs, stocks, and cryptocurrencies, carries a high level of risk and may not be suitable for all investors. The leveraged nature of these products can work both to your advantage and disadvantage. As a result, you may lose more than your initial investment.

    Before deciding to trade, it is essential to understand the risks involved fully. Ensure you are aware of your risk tolerance and seek independent financial advice if necessary. Past performance is not indicative of future results, and no trading strategy can guarantee returns.

    MarketBulls makes every effort to provide accurate and reliable information. However, we do not guarantee the completeness, timeliness, or accuracy of the information provided. MarketBulls is not responsible for any losses incurred as a result of trading decisions based on the information presented on this site.

    Please note that trading leveraged products carries a significant risk of losing all your invested capital. It is crucial to only trade with money you can afford to lose. MarketBulls does not offer financial advice, and all content is for informational purposes only.

    EasyMarkets Client Reviews: Verified Trader Feedback

    Read verified reviews from real EasyMarkets traders. Every review is thoroughly checked before being published to maintain accuracy and trust. See what our clients have to say about our trading platforms, customer service, and overall experience with EasyMarkets. Have you traded with EasyMarkets? Share your experience by writing your own review today!

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