If you’re searching for a reliable online trading platform, you might have come across easyMarkets. But is it the right choice for you? In this detailed easyMarkets review, we’ll cover everything you need to know regulation, fees, trading platforms, pros and cons, and more.
Our goal is to help you decide whether easyMarkets is a good broker for your trading needs. Let’s dive in!
easyMarkets Overview
easyMarkets (formerly easyForex) is an online broker founded in 2001. It offers trading in forex, commodities, indices, stocks, and cryptocurrencies. The broker is known for its user-friendly platform, risk management tools, and fixed spreads.
easyMarkets is regulated by top financial authorities, including:
- CySEC (Cyprus Securities and Exchange Commission)
- ASIC (Australian Securities and Investments Commission)
- FSA (Financial Services Authority, Seychelles)
This regulation ensures that your funds are secure and that the broker follows strict financial guidelines.
easyMarkets Pros and Cons
✅ Pros
✔ Regulated by CySEC, ASIC, and FSA – High level of security
✔ Fixed spreads – No surprise costs during volatile markets
✔ Negative balance protection – You can’t lose more than your deposit
✔ Free guaranteed stop loss – Limits losses without extra fees
✔ User-friendly platform – Great for beginners
✔ No commissions on most trades – Transparent pricing
✔ Free demo account – Practice trading risk-free
❌ Cons
✖ Limited product range – Fewer assets than some competitors
✖ Higher spreads on some instruments – Costs can add up
✖ No MetaTrader 5 (MT5) – Only MT4 and their own platform
easyMarkets Trading Platforms
easyMarkets offers three trading platforms:
- easyMarkets Web Platform – Simple and intuitive, perfect for beginners.
- MetaTrader 4 (MT4) – Popular among experienced traders for advanced charting.
- Mobile App – Trade on the go with iOS and Android apps.
The platforms include useful tools like:
- Deal Cancellation – Undo a losing trade within 60 minutes (for a small fee).
- Freeze Rate – Lock in a price before executing a trade.
easyMarkets Fees & Spreads
easyMarkets uses fixed spreads, meaning they don’t change with market conditions. Here’s a quick look at their costs:
| Asset | Fixed Spread |
|---|---|
| EUR/USD | 1.0 pips |
| Gold (XAU/USD) | 35 pips |
| Bitcoin (BTC) | $50 |
Other fees to consider:
- Overnight fees (swap) – Charged for holding positions overnight.
- Inactivity fee – $10/month after 12 months of no trading.
Overall, easyMarkets is competitive for beginners but may be costly for high-volume traders.
Deposits & Withdrawals
easyMarkets supports multiple payment methods, including:
- Credit/Debit Cards (Visa, Mastercard)
- Bank Transfers
- Skrill, Neteller, PayPal
- Cryptocurrencies (Bitcoin, USDT)
💰 Minimum Deposit: $100 (varies by region)
⏳ Withdrawal Time: 1-3 business days (e-wallets are fastest)
Is easyMarkets Safe?
Yes, easyMarkets is a safe and regulated broker. Key safety features include:
- Segregated client funds (your money is kept separate from the company’s funds).
- Negative balance protection (you won’t owe more than your account balance).
- Licensed by CySEC, ASIC, and FSA.
easyMarkets Customer Support
easyMarkets offers 24/5 customer support via:
- Live Chat (fastest response)
- Phone Support
Most users report quick and helpful responses, which is great for new traders.
easyMarkets vs Other Brokers
| Feature | easyMarkets | XM | Pepperstone |
|---|---|---|---|
| Regulation | CySEC, ASIC | CySEC, ASIC | ASIC, FCA |
| Spreads | Fixed | Variable | Variable |
| Platforms | MT4, Web | MT4, MT5 | MT4, MT5, cTrader |
| Min Deposit | $100 | $5 | $200 |
easyMarkets is best for beginners who want fixed spreads and a simple platform.
Final Verdict – Is easyMarkets Worth It?
easyMarkets is a great choice for:
✔ Beginners – Easy-to-use platform with fixed spreads.
✔ Risk-averse traders – Free stop loss and negative balance protection.
✔ Those who value safety – Strong regulation and fund security.
Not ideal for:
✖ Advanced traders – Lacks MT5 and advanced tools.
✖ High-volume traders – Fixed spreads can be costly.
🔹 Try easyMarkets Risk-Free with a Demo Account!
If you’re interested, you can open a free demo account to test the platform before depositing real money.
FAQ About easyMarkets
1. Is easyMarkets a scam?
No, easyMarkets is a legitimate, regulated broker with a strong reputation.
2. What is the minimum deposit for easyMarkets?
The minimum deposit is $100 (or equivalent in other currencies).
3. Does easyMarkets offer a demo account?
Yes, you can practice with a free demo account before trading live.
4. Can I trade cryptocurrencies on easyMarkets?
Yes, they offer Bitcoin, Ethereum, and other major cryptos.
5. How do I withdraw money from easyMarkets?
You can withdraw via bank transfer, e-wallets, or cards (same as deposit method).
Final Thoughts
easyMarkets is a trustworthy broker with strong regulation, fixed spreads, and excellent risk management tools. It’s perfect for new traders but may not suit advanced traders looking for more assets and platforms.
👉 Want to try easyMarkets? Sign up for a free demo account here (link to official site).
