easyMarkets Broker Review

Author By Jeffrey Cammack Author Information Updated: November 7, 2020
Overall Rating
4.24 4.24 / 5
Rated #12 of 49 Recommended Brokers
Min. Deposit
USD 25
Regulators
Trading Desk
Trading CostTrading Cost Information
USD 10
Website Language
English, Japanese, Polish, Arabic, Chinese
Support Language
English, Japanese, Malay, Polish, Arabic, Chinese
AlertAccepts Malaysian Clients. Average spread EUR/USD 1.00 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & the proprietary easyMarkets platform are supported. easyMarkets is regulated by CySEC, ASIC, and the FSA in Seychelles.

Summary

Founded in 2001, easyMarkets has always innovated, introducing tools like negative balance protection and guaranteed stop-loss before anyone else. This innovation has continued with its unique easyTrade, Freeze Rate and dealCancellation tools, all intended to assist new traders and keep trading transparent and simple.

easyMarkets still provides the strong basic services expected from a broker while constantly innovating to meet the greater expectations of the client base.  With simple account types, a strong variety of platforms to support traders, and a 50% deposit bonus for new traders, easyMarkets is easy to recommend to Malaysian clients.

Reviews

Regulation
111104/ 5
Trading Conditions
11110.54.5/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
111104/ 5
Assets Available
11110.54.5/ 5
Customer Service
11110.54.5/ 5
Beginner Friendly
Standard
Bonuses
up to 50% first deposit bonus

Account Information

Base Currencies
AUD, CAD, EUR, GBP, JPY, NZD, PLN, SEK, USD, ZAR
Number of FX Pairs
103
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Account
Yes

Trading Conditions

Min. Spread
0.90 pips
Commission
Fees Included in Spread
EUR/USD
0.9
GBP/USD
1.3
USD/JPY
1.0
Max. Leverage
400:1

Company Details

Company Name
Blue Capital Markets Ltd
Founded
2001
Office Locations
Cyprus, Australia, China

Account Types

easyMarkets provides two live accounts in addition to the live-time demo account.  The Standard 1 pip account that is offered in other places in the world is not yet offered to the Asian and Australian markets. Note that easyMarkets does not allow scalping, however, it is good for the intraday and long-term traders.

Scroll for more detailsPreviousNext
Display Name
Min. Deposit
Max. Leverage
Min. Spread
Commission
Islamic
USD 100
400:1
1.9
None
Account Details
Premium
USD 2000
400:1
1.4
None
Account Details
Standard
USD 25
400:1
1.9
None
Account Details
VIP
USD 50000
200:1
0.9
None
Account Details

The standard account has a minimum deposit of 100 USD and comes with a generous 50% bonus on the first deposit.  This makes it a great option for traders who are just starting out and gives that extra capital to leverage your first trades.  With this account, you can expect a good welcome from a personal client relationship manager, a platform tour to get your familiar with the technology, and some basic education on forex trading strategy.

The VIP account extends some of the standard account features in exchange for a higher minimum deposit of 10,000 USD.  In addition to the above, free signals and SMS market updates are offered to get you the best information as fast as possible.  You also have access to a personal analyst to assist in finding opportunities for trading and higher leverage to take on bigger positions.  Express withdrawals are also available.  This a very powerful account for a serious trader.

While I would strongly recommend easyMarkets to any trader, I would like to see an easyMarkets a Swap-free (Islamic) Account to cater to the Muslim traders and lower spreads on both of the account types.

Trading Platforms

easyMarkets has a variety of trading platforms which include the easyMarkets (web) trading platform, 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.

The easyMarkets Trading Platform is quite unique because it provides traders with innovative and advanced trading features that make easyMarkets worth using.  The easyMarkets Trading Platform offers the dealCancellation feature which allows a trader to cancel any deal within 6 hours and recover the losses on the trade, as well as a free Guaranteed stop loss feature so that a trader can protect themselves against big losses on losing trades automatically.  All of this while providing some of the best advanced charts, technical analysis and sentiment as standard features.

Banking options

You can deposit and withdraw money to and from your easyMarkets account respectively using a variety of transaction methods which include: debit cards, credit cards, WebMoney, Skrill and Neteller.  EasyMarkets also allows the use of PayPal, Bank Transfer Withdrawal Options Wire Transfer.

Advantages of easyMarkets

  • easyMarkets 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 maximum leverage of 1:400.
  • It doesn’t allow scalping and trading of ETFs, indices, and stocks.
  • easyMarkets doesn’t offer institutional accounts as compared to other forex brokers.

Company & Regulation

easyMarkets is a market maker broker, founded in 2003 and its headquarters are in Limassol, Cyprus. 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.

easyMarkets is licensed by various commissions in various countries in which it conducts its businesses. An example of the commissions which have licensed the easyMarkets is the CySEC (Europe), ASIC (Australia) and FSA (Seychelles).  Importantly, EasyMarkets is also licensed by the Securities Commission Malaysia allowing it to operate in Malaysia.

AlertAccepts Malaysian Clients. Average spread EUR/USD 1.00 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & the proprietary easyMarkets platform are supported. easyMarkets is regulated by CySEC, ASIC, and the FSA in Seychelles.
Scroll for more detailsPreviousNext
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
11110.54.24/ 5
USD 25
Market Maker
Commodities, Cryptocurrencies, Forex, Equities
103
3
  • Well regulated
  • Wide range of assets
  • Innovative trading tools
  • Limited platform choice
  • Limited account options
111104/ 5
11110.54.5/ 5
111104/ 5
11110.54.5/ 5
111104/ 5
11110.54.5/ 5
11110.54.5/ 5
73% of retail investor accounts lose money when trading CFDs with this provider
400:1
0.90 pips
Yes
Yes
Islamic, Premium, Standard, VIP
Yes
MT4
Bank Transfer, Mastercard, Maestro, Astropay
Fees Included in Spread
1110.503.33/ 5
USD 200
Market Maker
Commodities, Cryptocurrencies, Forex, Equities
47
16
  • Well regulated
  • Good for beginners
  • Innovative trading tools
  • Limited education
  • Wide spreads
11110.54.5/ 5
110.5002.5/ 5
111104/ 5
110002/ 5
10.50001.5/ 5
111104/ 5
111104/ 5
71% of retail investor accounts lose money when trading CFDs with this provider
400:1
1 pips
Yes
Yes
Professional, Standard
Yes
etoro
Mastercard, Neteller, Skrill, Paypal
Fees Included in Spread
1110.503.73/ 5
USD 500
Market Maker
Commodities, Forex, Equities, ETFs
48
0
  • Good range of accounts
  • Wide range of assets
  • Wide spreads
  • Limited education
  • Limited market analysis
  • High minimum deposit
111104/ 5
1110.503.5/ 5
11110.54.5/ 5
11110.54.5/ 5
10.50001.5/ 5
11110.54.5/ 5
111003/ 5
69.7% of retail investor accounts lose money when trading CFDs with this provider
400:1
2 pips
Yes
Yes
Gold, Islamic, Mini, Platinum
Yes
MT5, Sirix
Mastercard, Maestro, Skrill, Neteller
Fees Included in Spread
Visit Broker
AlertMost retail CFD accounts lose money. Your capital is at risk.

Share your knowledge

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Featured Brokers

Close
>