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easyMarkets

easyMarkets is a Forex broker licensed by the British Virgin Islands Financial Services Commission(BVI:FSC)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 "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 options trading. 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.

EasyMarkets offers three types of accounts:Standard account, Premium account, and VIP account, all of which offer fixed spreads. The only difference between the three accounts is the size of the spread, and accounts will be upgraded depending on the deposit amount. If you deposit $ 2,000(USD)or more, it will be upgraded to Premium account, and with $ 10,000(USD)or more, it will be upgraded to VIP account. The average spread is a little larger as USD/JPY 2.0pips and EUR/USD 1.9pips for Standard account, but the spread is stable even if the market price fluctuates suddenly due to important indicators or sudden news, making it one of the biggest advantages of fixed spread.

There are two types of incentives:a 50% bonus campaign for initial deposit and a friend referral bonus where you can receive up to $ 750(USD)per referral.

easyMarkets has won numerous international awards, including Best Forex Trading Innovation award in 2020, demonstrating easyMarkets' commitment to creating innovative services.

Official Website

Pros

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

Cons

  1. Large spread
  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 license:
British Virgin Islands Financial Services Commission(BVI:FSC)
Founded:
2001
Capital:
Undisclosed

Customer Service

Website language:
【Asia】Japanese・Simplified Chinese
【Europe and America】English・Polish・Spanish・German
【Middle East・Africa】Arabic
Trading platform:
MetaTrader4/5, easyMarkets Platform
English support:
Email・Support Chat・Phone
Business hours:
(Weekdays)24 hours
Email address:
[email protected]
Phone number:
(+61)2-9299-5800

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
Brokerage model:
DD method
Spread method:
Fixed spreads
Trading account currency:
Japanese Yen・US Dollar・Euro・​Australian Dollar・Singapore Dollar(13 other currencies are available)
Maximum leverage:
【MT4】1:400 【MT5】1:500
Initial minimum deposit:
【Standard】$ 25(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】:13 
【CFD/Energy】:5 
【CFD/Cryptocurrencies】:20 
【CFD/Commodities】:7 
【CFD/Stock】:39

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
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