Easy Markets Review
EasyMarkets, also referred to as easy-forex, is an established market maker that allows traders access to global markets that offer a broad choice of trading accounts. easyMarkets is rooted in Cyprus, Limassol while being regulated by Sand licensed in Australia by ASIC and Europe by MiFid. easyMarkets prides itself with a $1.5 trillion turnover over 100 000 traders.
The minimum trade of your one standard account in easyMarkets is only $100. Traders have the option of extending their trade to the next day with an Islamic account that does not charge a rolling fee. There is a limit set on your day to day trading deals which is usually one month depending on the currency traded.
Depending on how long the trade is held, there will be a rolling fee charged. Indices and commodities such as CFD’s have a fixed expiry date and no rolling fee, however palladium, silver, gold, and platinum will be charged for rolling fees as they are traded as spot trades.
easyMarket offers their users a free life-long demo account which makes it the first broker to offer this service. When upgrading to a VIP account, you will receive a personal analysis that is available to assist traders with 24/7 availability, assistance, and trading tips.
The most popular easyMarket feature is the risk-free trading. This authorizes the trader to cancel its trade within 60minutes should they see that the markets are not in their favor. Traders only have to use the risk-free option upon choosing their trade after which they can opt to cancel or let the trade run.
Not many brokers offer the vanilla option as there are several ways it differs from the binary option. Unlike the binary option, the vanilla offers you unlimited pay-outs and flexible expiration dates. There are also no execution obligations with the vanilla option; the trade has no recourse when the contract has been entered.
easyMarket allows its clients to choose the bonus they would like to receive. The clients can either choose between a $25 welcome bonus, a referral fee where traders can refer new clients and earn up to $2500, or 50%/ $2000 trade bonus that is based on the first deposit amount.
To market the easyMarket they can use social media platforms like YouTube, Facebook, Forums, Twitter or even Blogs to share the easyMarkets link.
Deposits And Withdrawals
EasyMarket accepts funds via debit card, credit cards, bank transfers, Global collect, e-wallets like WebMoney, Neteller, Skrill, and others.
When you withdraw to debit/credit cards and e-wallets you do not have a minimum withdrawal amount. When you withdraw to a bank account the minimum withdrawal amount is $50. There are no commissions when you deposit and withdraw.
The preferred method of contact is a phone call. Traders can phone the easyMarket representatives at their head offices in Cyprus, Limassol or to their offices in Warsaw, London, Sydney Australia, or the Marshall Islands.
easyMarket will always go the extra mile to make sure they traders have everything they need from the Forex brokers. The website is informative and user-friendly, there is an abundance of choices, and traders will find that there are many features offered that you will not find with other brokers.