Select Language

easyMarkets

easyMarkets is a Forex broker licensed by four regulators including the Cyprus Securities and Exchange Commission (CySEC), and is also known as the official sponsor of the Spanish football club Real Madrid. Established in 2001, it is one of the oldest Forex brokers that stands out in its long operating history.

The feature of easyMarkets is that there are many unique risk-hedging services that other companies do not have. In-house developed easyMarkets Platform has a function called "dealCancellation" that allows you to cancel a trade that has suffered a loss if you pay a fee in advance, and a "Freeze Rate" feature that allows you to stop the rate for 3 seconds when you are ordering in a highly volatile market. easyMarkets is also unique in that it allows you to trade options, CFDs, and futures. Since options trading is an effective method for risk hedging because of limited loss, it is preferred by traders who focus on risk hedging and who want to use both Forex and options trading. Another original platform, TradingView, offers small fixed spreads (e.g., EUR/USD 0.5pips) and a large-scale social network for traders. Combined with no-commission trading based on the latest information and advanced chart analysis, it is popular with traders who value real-time information.

easyMarkets offers five types of accounts: Standard, Premium, VIP, MT5, and μBTC. The Standard account will be upgraded to Premium and VIP accounts with narrower fixed spreads, depending on the deposit amount. If you deposit $ 2,000 (USD) or more, it will be upgraded to the Premium account, and with $ 10,000 (USD) or more, it will be upgraded to the VIP account. The average spread is a little larger as USD/JPY 2.0pips and EUR/USD 1.9pips for the Standard account, but the spread is stable even if the market price fluctuates suddenly due to important indicators or sudden news, which is one of the biggest advantages of fixed spread. Meanwhile, if you wish to trade cost-effectively, choose MT5 accounts with variable spreads (e.g., EUR/USD 0.5pips) and a minimum deposit of $ 25 (USD). The μBTC account is a convenient account where you can trade over 275 instruments in Bitcoin with fixed spreads on MetaTrade4 (MT4) and variable spreads on MetaTrade5 (MT5) .

In terms of leverage, MT5 offers high leverage of 1:2,000 while original platforms and MT4 offer 1:200 and 1:400, respectively.

There are two types of incentives: a 100% bonus promotion on the initial deposit and a welcome bonus where you can win 3,500 yen after the phone verification.

easyMarkets has won numerous international awards, including the Best Forex Trading Innovation award in 2020, demonstrating easyMarkets' commitment to creating unique and innovative services. We will keep an eye on the further growth of easyMarkets.

Official Website

Pros

  1. Fixed spread for all symbols on some platforms
  2. Options trading is available
  3. Equipped with a unique risk hedging function
  4. Long operating history

Cons

  1. Fixed spreads are large
  2. Difficult to understand how to use the original tool
  3. The minimum deposit amount of the higher tier account is large

Operating Company

Company name:
EF Worldwide Limited
Head office address:
Trinity Chambers, Road Town, Tortola, PO Box 4301, British Virgin Islands
Financial supervisor:
Cyprus Securities and Exchange Commission (CySEC) license number 079/07
British Virgin Islands Financial Services Commission (BVIFSC) license number SIBA/L/20/1135
Financial Services Authority of Seychelles (FSA) license number SD056
Australian Securities and Investments Commission (ASIC) license number 246566
Founded:
2001
Capital:
Undisclosed

Customer Service

Website language:
[Asia] Japanese, Simplified Chinese
[Europe and America] English, Polish, Spanish, German, Italian, Portuguese
[Middle East/Africa] Arabic
Trading platform:
MetaTrader4/5, easyMarkets Platform, TradingView
English support:
Email, Support Chat, Phone
Business hours:
Weekdays 24 hours
Email address:
[email protected]
Phone number:
(+357) 25-828899

Trading Rules

Roll over:
[MetaTrader4/5] 0:00 (Server time)
[easyMarkets Platform] 10:00 pm (Server time)
Margin call:
When the margin maintenance rate falls below 70%
Loss cut:
When the margin maintenance rate falls below 30%
Matched order:
Not Permitted
EA restrictions:
None
Request for additional margin:
None (If the margin becomes negative, zero cut will be performed)
Funds management:
Managed in a segregated bank account
Bankruptcy compensation:
Compensation up to $ 25,000 (USD)

Conditions for Each Account Type

Trading platform:
MetaTrader4/5, easyMarkets Platform, TradingView
Brokerage model:
DD method
Spread method:
[MT4] Fixed spreads [MT5] Variable spreads
Trading account currency:
Japanese Yen, US Dollar, Euro, Australian Dollar, Singapore Dollar (14 other currencies are available)
Maximum leverage:
[MT4] 1:400 [MT5] 1:2,000 
Initial minimum deposit:
[Standard, MT5] $ 25 (USD)
[μBTC] $ 100 (USD)
[Premium] $ 2,000 (USD)
[VIP] $ 10,000 (USD)
Lot size:
100,000 units
Minimum order size:
0.01 lot
Maximum order size:
50 lots
Maximum open orders:
None
Instruments(symbols):

[FX/Currency Pair]: 46
[CFD/Metals]: 5
[CFD/Indices]: 26
[CFD/Energy]: 5
[CFD/Cryptocurrencies]: 20
[CFD/Commodities]: 7
[CFD/Stock]: 38

Available trading hours:

[Daylight saving time]: Sunday 10:00 pm - Friday 9:00 pm (Server time)
[Winter time]: Sunday 11:00 pm - Friday 10:00 pm (Server time)

Transaction fees:
None
Account maintenance fee:
None
Holding multiple accounts:
Not Permitted
GMT time difference:
[MT4/MT5] Daylight saving time: ±0 hour, Winter time: ±0 hour
Official Website
Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel