Although easyMarkets’ headquarters are in Cyprus, its customer service team is available 24/5 to support its customers. You may reach out to them through various channels, including Live Chat, Phone, and Email. You can also connect with them on Facebook, Whatsapp, and Viber. I think they could improve by increasing support hours to 24/7 just like competitors such as Trading 212. Being regulated with four regulatory authorities makes it easy for traders to win the trust. Being regulated on top-tier country commissions implies that your funds are in safer hands as some strong authorities back your broker with dependable aged market repute.
- For example, Plus500 has a “no activity” fee that they sneakily activate on some user accounts.
- These options include telephone support, as well as email, web-based live chat, and some unique social media contact methods, including via Facebook Messenger, and Viber.
- This is actually a really advanced platform and gives you a host of features that are essential to an option trader.
- Thank you Fitahiana Hasandratra, your kind words are really appreciated.
easymarkets is a perfect online cfd…
With a strong focus on simplicity and accessibility, easyMarkets tries to strive to provide a hassle-free trading experience to its clients. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers.
Other Commodity CFDs
Fixed spreads mean that you will always know what the difference is between the buy and sell rates for currency pairings (eg AUD/USD). The provides certainty that you know the fees of every transaction, unlike most other brokers whose fees will vary depending on the market. Variable spreads such as those offered by Pepperstone, IC Market and Axi can be lower than easyMarkets as the spreads are raw. This means the liquidity pool determines the spread without intervention from the dealing desk.
Trading Instruments & Products
EasyMarkets offers 62 forex pairs and 199 total tradeable symbols, less than the industry average. Lawrence Pines is a Princeton University graduate with more than 25 years of experience as an equity and foreign exchange options trader for multinational banks and proprietary trading groups. Mr. Pines has traded on the NYSE, CBOE and Pacific Stock Exchange. In 2011, Mr. Pines started his own consulting firm through which he advises law firms and investment professionals on issues related to trading, and derivatives. Lawrence has served as an expert witness in a number of high profile trials in US Federal and international courts.
A “Deposit Funds” button is located on the right of these statistics. Traders can upgrade to a real account by tapping the ‘My Account’ menu item at the bottom of the screen and selecting the ‘Make a Deposit’ button. Traders who fall below the easyMarkets margin requirements risk receiving a margin call and having their position closed prematurely. You must provide your name, email, country of origin, and phone number. Then, you answer a few questions about your background and financial knowledge. Aside from MiFID, CySec, AFS, ASIC licensing, easyMarkets is also regulated by the BIV.
easyMarkets reviews
When the system went well, I decided to try it on a live account. Again, it went well but after a few days trading was deactivated on my account for apparently being in breach of the terms. They mentioned that I could not take advantage of scalping fixed spreads at certain hours. Therefore, I would suggest carefully reading them through before https://traderoom.info/ starting. If your strategy does require the lowest spread and commission fees at all time, IC Markets would be one of my top choices as they have ECN execution and raw spreads starting from 0.0 pips. EasyMarkets is a well-established forex broker that provides traders with a user-friendly platform and a range of trading instruments.
It would also have been great to have seen additional single stock assets to trade. Most of the stocks that you can trade on the platform are large multinationals in specific regions. We found easyMarkets to be a breath of fresh air and there was no doubt quite a lot to like about it.
Customer support is a focal point for EasyMarkets, with a dedicated team available 24/5 to assist traders. The broker prioritizes transparency, ensuring that clients have clear information about trading conditions, fees, https://traderoom.info/easymarkets-introduction/ and available features. This commitment to transparency builds trust and enhances the overall trading experience. We have tried to contact you many times to assist you with your account, however we cannot reach you.
Trading limits may apply depending on your residency due to regulatory constraints, especially for cryptocurrency and options trading. Submit; funds are received in your bank account within 3 to 5 working days. When you confirm, the funds are promptly deposited into your trading account. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
This tool gives you a prominent edge of a few seconds to perform your trade. When you are dealing with cryptos and FX, this could be a game-changer for you. As with this tool, you will have an opportunity to cancel it anytime within the given range and with some additional fees. This useful tool, “Inside View,” shows what percentage of traders are buying and selling, which allows for a better understanding of market movements.
