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EasyMarkets Review 2023 – Is It Right For You?

EasyMarkets Review 2023 - Is It Right For You

What Is EasyMarkets?

Based in Australia, EasyMarkets is an online brokerage and financial services provider. EasyMarkets supports the largest asset classes – including forex, commodities, indices, and crypto – across 275+ of the largest markets worldwide.

With EasyMarkets, you can choose from four trading platforms and sync them with your EasyMarkets account. If you use the EasyMarkets Web Platform, you’ll have exclusive access to unique features like dealCancellatios, which allows you to cancel any deal, as long as it’s within 1-6 hours of placing it, and Freeze Rate, which freezes the price of assets for a couple of seconds.

EasyMarkets has excellent reviews on TrustPilot and has earned numerous rewards, including the Best Cryptocurrency Innovation UAE, by the Finance Derivative Magazine and the Most Trusted Broker by the Smart Vision Investment Expo Egypt.

In this quick EasyMarkets summary, I will go over all the best features of this platform. If you want to read a more in-depth analysis, check out our full EasyMarkets review.

Pros & Cons of EasyMarkets

Pros

  • App available on Android and iOS devices
  • sharia law compliant investments
  • Low minimum investment
  • Trade currencies, cryptocurrencies, commodities, options, and indices

Cons

  • Not available in the US or Canada

Choose From Four Different Trading Platforms

EasyMarkets supports four of the most established trading platforms worldwide, including EasyMarkets’ trading platform. The options available are:

  • EasyMarkets Web Platform
  • TradingView
  • MetaTrader4
  • MetaTrader5

Depending on your trading platform, you can access 1:200, 1:400, or 1:500 leverage, respectively. This may vary depending on the forex pair you’re trading.

The EasyMarkets Web Platform offers access to five unique features:

  • dealCancellation
  • FreezeRate
  • Inside Viewer
  • Vanilla Options
  • easyTrade

With the dealCancellation trading tool, you can undo trades if you do it within 1-6 hours of placing the order. With FreezeRate, you can freeze the price of an asset for a couple of seconds, effectively giving you a buffer to place a trade.

The Inside Viewer tool is excellent for getting market sentiment by showing the percentage of traders, buyers, and sellers in particular markets. The easyTrade features make it very easy to set up a time duration and a maximum limit on your CFDs, plus easy access to graphs and live market data.

Access Most Asset Classes

With EasyMarkets, you can access the largest asset classes across 275+ financial markets worldwide. Supported assets classes include:

  • Forex (Majors & Minors)
  • Precious metals (gold, silver, copper, platinum, and palladium)
  • Commodities (natural gas, crude oil, and agricultural commodities)
  • Indices (S&P500, FTSE, Nikkei, DAX, NASDAQ)
  • Cryptocurrencies (BTC, XRP, ETH, LTC, and more)
  • Shares

You can also customize and automate your trading using Pending Orders with triggers for entry and exit points, prices, and more.

If you don’t have a lot of experience in forex trading, we recommend signing up for the Asia Forex Mentor course.

Comprehensive Educational Resources

After you sign up EasyMarkets and activate your demo account, you’ll have immediate access to all the educational resources, including articles & eBooks, videos, trading strategies & trading psychology, risk management, and more.

If you’re still looking for more education, you can sign up for the EasyMarkets Academy course – for free. The EasyMarkets Academy course focuses on CFD trading, in includes:

  • Nine lessons and 70+ videos lessons
  • Regular Quizzes to consolidate your knowledge
  • Intro to financial trading, technical and fundamental analysis, and more

Complete the EasyMarkets Academy course, and you’ll get a certificate verified by EasyMarkets.

EasyMarkets Fees

  • Fixed Spreads: From 0.8, depending on the platform you use
  • Variable Spreads: From 0.5, depending on the platform you use
  • Deposit Fees: Free
  • Withdrawal Fees: Free

Sign-Up Process

Signing up for EasyMarkets doesn’t take more than a few minutes, and you can get started just with an email address. However, EasyMarkets mainly operates in Europe and doesn’t provide services in the US or Canada. Here are the steps to get started:

  • Visit EasyMarkets’ website
  • On the top right, click Sign Up
  • Fill in some of your basic information like email and phone number
  • Make a deposit

If you use our link to sign up, you can join EasyMarkets’ very generous referral program; by inviting friends, you can earn from $25-$750 per referral, based on their initial deposit.

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