Easy Markets Review
Easy Markets was founded in 2003 and its headquarters are in Limassol, Cyprus. It is a market maker broker. In addition to its headquarters, it has other offices in London, Shanghai, Sydney and Warsaw making this broker Global and with a strong presence in South-East Asia. Easy Markets does not allow scalping, however it is good for the intraday and long term traders.
Easy Markets is licensed by various commissions in various countries in which it conducts its businesses. An example of the commissions which have licensed the Easy forex are the CySEC (Europe) and ASIC (Australia). Importantly, Easy Forex is also licensed by the Securities Commission Malaysia allowing it to operate in Malaysia.
Easy Markets trading platforms
Easy Markets have a variety of trading platforms which include Web Trading for trading on the website browsers without having to download any application, MetaTrader4, iPhone App, and Trade Desk, The Trade desk trading platform is created specifically for professionals who want to have their own personalized trading applications creating visual layouts that suit the various market scenarios.
Account types offered by Easy Markets
Like many forex brokers, Easy Markets provides two main types of accounts namely the demo account and the real account.
There are 4 different types of real accounts which include: mini account with a minimum allowed deposit of 25 USD, Gold account with a minimum allowed deposit of 500 USD, Platinum account with a minimum allowed deposit of 5,000 USD and VIP account with a minimum allowed deposit of 10,000 USD.
The mini account is the basic account whose features include one-on-one training and live chat while the VIP account is the most confiscated account and it is meant for professionals. Easy Markets also has an Islamic Account that is Swap Free to cater for the Muslim traders.
You can deposit and withdraw money to and from your Easy Markets account respectively using a variety of transaction methods which include: debit cards, credit cards, WebMoney, Skrill and Neteller.
Easy Markets also allows the use of PayPal, Bank Transfer Withdrawal Options Wire Transfer.
Other Easy Markets features
- Easy Markets offers customer service for 24 hours for the five working days in a week.
- It also gives a bonus to first-time depositors and bonuses and rewards with no deposit bonus.
- It offers a maximum leverage of 1:400.
- It doesn’t allow scalping and trading of ETFs, indices, and stocks.
- Easy forex doesn’t offer institutional accounts as compared to other forex brokers.