A responsive chat service from easyMarkets should be a positive support experience for all easyMarkets users, saving you from waiting days for an email response. The effect of leverage on profits and losses magnifies them in both directions. In other words, easyMarkets leverage profits and losses are magnified when trading. For instance, using CFDs, you use the easyMarkets trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value.
- If you prefer to download offline content to read later then there is an extensive range of eBooks.
- MT4 is well known for its easy to use interface and quick learning curve.
- Another great benefit of the MT4 platform is that it is exactly the same across all of the brokers across the world.
- Our team has endeavored to break down the complex world of trading with easyMarkets into easily digestible information in this easyMarkets review.
- Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
EasyMarkets have won numerious industry awards over the 23 years they have been operating as a financial broker. We have listed the most notable awards and mentions for easyMarkets below. Assets available on easyMarkets include CFD, Forex, Commodities, Indices, Shares, Crypto. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. All of these features help prevent you from suffering unexpected losses and keep your investment safe. Two decades of achievements and trustworthy service to clients have earned easyMarkets its CySEC and ASIC licenses, in addition to more than 40 global awards.
Who Runs easyMarkets?
TradingView lets you combine easyMarkets industry leading conditions with zero slippage on limit orders. There are a number of trading features you can expect to find with EasyMarkets. Cryptocurrency here can be traded again as CFDs and there are several cryptos available. These are Bitcoin, Ethereum, Ripple, Cardano, Polkadot, Algorand, ChainLink, Solana and Uniswap which are all traded against the USD.
At easyMarkets, you have the benefit of a free Guaranteed stop losses. You can run the same calculations on the other assets that are available to trade on the web platform. Of course, those assets that are more volatile will have a lower leverage limit. At easyMarkets, you only need to place a certain initial margin that is only a fraction of the trade size that you will be taking on. This means that you will be trading with leverage and can magnify your gains / losses. The first thing to note about the VIP status is that it can attained with a relatively low initial deposit.
This is particularly true if you want to use the MT4 desktop platform as this is how trading is facilitated on this account, with webtrader unavailable. Also, on the easyMarkets platform you can manage your risks with guaranteed stop loss and take profit so your trades are executed with no slippage. At EasyMarkets you will also find a couple of very unique features. 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. 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.
Platforms and Tools
I appreciate how they provide online chat support as I find this is often the quickest way to get answers to my questions. This account will allow you to use easyMarkets very own web and mobile app platforms which include extra unique features such as dealCancellation, Freeze Rate and Inside Viewer. The broker gives you access to trade both energy (hard/mined products) and agricultural (soft/grown products) CFD commodities. Commodities available to trade include oil, gas, wheat, coffee and sugar. Commodity trading is a popular way to diversify a portfolio and is primarily driven by supply and demand.
How many instruments can I trade with EasyMarkets?
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. There is a built-in MetaEditor where you can programme your own custom indicators and automated trading systems known as expert advisors (EAs).
They do not currently support crypto funding but RoboForex do if that is something that you are looking for in a broker. MetaTrader 4 is a popular trading platform among new and experienced traders due to its customizability and wide range of advanced capabilities. This industry leading platform allows for comprehensive market analysis, forex broker listing manual and automated trading. You can customise the platform according to your own trading strategy and choose from a great selection of trading tools to analyse the charts in detail and find possible opportunities. I think that MT4 is an ideal platform for new traders as it is very user-friendly and available through many brokers.
The MT4 trading platform is offered to traders, but easyMarkets fails to provide any of the required and critical third-party plugins which are necessary to unlock full functionality. MT4 is still one of the most popular trading platforms available, given its full support for automated trading solutions and back-testing functionality. The primary MT4 platform, as provided by this broker, lacks core features and represents a sub-standard trading portal. Demo accounts are available if you wish to test the different trading platforms and conditions before opening a real account. I would always try a broker on demo at first to see what they have to offer. Just keep in mind that demo trading conditions can differ from a live trading account.
In terms of research options, you have the latest market news, trading charts, and the financial calendar to help plan your trading activities. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews.
It is important to note that easyMarkets may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the easyMarkets platform and features immediately. However, you must pass the verification process to start live trading with easyMarkets, which can take up to a few business days. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with easyMarkets involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Compared to many other brokers which require $20,000 plus, easyMarkets has a pretty strong selling point at $2,500. Easy Markets also gives you the opportunity to trade some of the FX assets forward. This means that you are not buying the spot rate but rather a forward rate on that currency. This is indeed quite a comprehensive selection which covers most of the assets that you would like to trade. The only thing that appears to be quite limited is the crypto coverage.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, easyMarkets leverage magnifies both profits and losses in trading. Like other brokers, easyMarkets margin requirements can differ depending on the traded instrument. EasyMarkets MetaTrader 5 has many advanced trading tools for more advanced users.
A guaranteed stop means that you can set the maximum amount you are willing to lose in a single trade and the broker will ‘guarantee’ you will not lose more than this amount. When it comes to the EasyMarkets education being offered, this section is very well provided for. There is a selection of free PDFs that you can learn from on a very wide range of topics.