easyMarkets Review: What Are the Award-Winning Brokers Weaknesses? - Daddy Tv

Traders are able to customize and create trading templates or choose from pre-designed templates. Easy Markets MetaTrader 4 (MT4) has 80+ markets including currencies, metals, commodities, indices, and cryptocurrencies. It has fixed spreads for price transparency and all expert advisors are allowed. Also, no matter what type of order you place, easyMarkets guarantees no dealer intervention.

Good Broker, Best Customer Service

The company’s policy extends across all modes, such as bank wire transfers, credit/debit cards, e-wallets, or other gateways. 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. Therefore, this cutting-edge technology makes it perfect for innovative traders keen to stay ahead of market trends using advanced tools like comprehensive market outlooks, etc. This seamless interface especially benefits individuals whose trading strategies rely heavily on in-depth technical analysis while providing dynamic access to interactive charts.

Commission and Spread Fees

The easyMarkets web platform is accessible directly through your browser. This is advantageous as it requires no software to be installed and ensures you will always be running the latest https://traderoom.info/easymarkets-introduction/ version. It is full of useful analytical trading tools and customisable features. I found it also has a very user-friendly interface that is simple to navigate and quick to learn.

Get a 20% bonus on your 1st deposit

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth. EasyMarkets offers more than 200 assets across six investment classes, specifically Forex, metals and commodities, equity CFDs, index CFDs, and cryptocurrencies. EasyMarkets may offer specific bonuses of up to 50% with sign-up, also called a deposit bonus.

You’ll also get a free guaranteed stop loss, no slippage, set spreads, and no funding or withdrawal costs when you use the easyMarkets Web Platform. 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. Just keep in mind that demo trading conditions can differ from a live trading account.

easyMarkets Platform

Features include the ability to cancel a losing trade within an hour for a small fee using dealCancellation. The FreezeRate feature allows you to freeze prices to place your trade at the price that you want. EasyMarkets provides you with multiple trading platforms to choose from, which are versatile and fully customisable to suit your individual needs and trading style. I found the platforms to be very user-friendly, with modern and simplistic interfaces that made it quick and easy to perform all my trading activity with minimal fuss.

1. It is important to note that between 74-89% of retail investors lose money when trading CFDs.
2. This platform is as well as preferred by advanced traders because it shows an amount of information displayed in one window.
3. Initially called Easy Forex Trading, the company aimed to simplify forex trading for retail investors through contracts for difference (CFDs) with fixed spreads and no undisclosed fees.
4. What this means is that the broker could be making a loss if you are successfully scalping with artificially low fixed spreads.
5. Why will I need another account when my trades always end in profits.

You can set your account and platform to send you up to date notifications to keep you informed about the latest market and account activity. They are also fully compliant with all European Securities and Markets Authority regulations (ESMA). Yes,easyMarkets is assert that the broker is trustworthy and highly regulated by top-tier regulators.

They have raw spreads from just 0.0 pips but do charge a small commission fee. You just need to decide if you want access to tighter spreads or if you would prefer no commission fee. Overall, the platform provides clients with risk management tools like stop-loss orders to help them manage trading risks more effectively. In addition, this means that clients’ funds are kept in distinct bank accounts, ensuring they cannot be used for other outlays like running expenses of the company.

The standout features from my perspective are the user-friendly platforms, innovative trade management features, range of markets available to trade and account funding options. I like how they have been around for a long time and established themselves as an innovative broker with unique features not available elsewhere. The platforms and tools are very flexible to suit all styles of trader whilst there is a decent choice of trading instruments across multiple markets. They have won multiple awards and are under strict regulation which can help to give clients peace of mind they are using a broker that can be trusted. That being said, I wasn’t able to use my scalping strategy on a live account so I couldn’t take advantage of the fixed spreads that were being promoted. Coupled with user-friendly trading platforms, easyMarkets ensures a seamless and intuitive trading experience for traders of all levels.

The web-based platform allows traders to navigate between different trading instruments. Nonetheless, this does not mean that traders lack sufficient tools to analyze, gather insight, and assist efficient trade executions while on-the-go. Traders have access to over 200 markets including spot trades, forwards, and options. The easyMarkets trading platform is known for its https://traderoom.info/ innovative features, including its proprietary dealCancellation tool, and its emphasis on transparent pricing. Beginners can take advantage of a large variety of educational material and videos, which include tutorials and basic one-on-one education. Demo accounts can help you practice trading and you can test out easyMarkets’ web trading platform with a trading simulator.

The first thing that stuck out for us was their limited crypto coverage when compared to platforms like eToro or Uphold. They have such a large range of assets but only have three cryptocurrencies on offer. They are competing with established cryptocurrency exchanges with hundreds of assets and much higher leverage. If you prefer to download offline content to read later then there is an extensive range of eBooks. These are completely free and you can even download them now from their website. They cover everything from beginning trading principles to how to use the trading platforms.