The Forex industry has seen a truly revolutionary rise. Due to this, many Forex brokerage companies try to secure a stable spot in the highly competitive market and offer a variety of options and advantages to their customers. The rule of thumb for you as a trader is to find a reliable broker company which will provide you with a fair competition and security of your finances in the turbulent market. This easyMarkets review will reason why easyMarkets is one of the leading broker companies with numerous customers. The Cyprus-based company relies on excellent market regulators to ensure the trust of their clients. Licensed by CySEC and ASIC, it helps market integrity and offers transparent and fair conditions.
Broker regulators should not be neglected. They are the ones who guarantee your rights and provide you with crucial information on the malpractices of certain operators as well as on the most successful brokerage companies out there.With easyMarkets, your personal and financial data will remain private and safe.
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Getting Started with easyMarkets
As soon as you register, you will notice that easyMarkets offer a broad variety of currency pairs, 136 to be exact, varying form common with narrow spreads to exotic pairs. Their trading platform is web-based and is easy to use, but they also offer Meta Trader 4 if you would like to use this mainstream forerunner platform. This platform is available on your desktop, but there is also an easyMarkets mobile app that can be downloaded to your smart phone keeping you on track regardless of where you are (vacation, office, out for a walk, etc.). Automated trading is incorporated in the platform settings if you want to go down this path. This means that you have the option to use a Forex robot which as an automated system that decides when to sell and when to buy instead of you, based on Forex Trading Signals. The parameters are usually set by experts on the basis of a set of mathematic indicators.
- 136 currency pairs on offer
- Choice between easyMarkets native platform as well as popular MetaTrader 4
- Mobile app for trading on the go
- Forex Trading Signals available for automatic trading
- Various options to protect your profit like Stop Loss and Take Profit
The platform guarantees Stop Loss and Take Profit options. It is important to emphasize these options work properly at all times because many brokers offer these features but they often malfunction, causing a financial loss. The easyMarkets company keeps their platform clean from malfunctions. Another convenience, especially for beginners, is that spreads are fixed, which means that trade is easy to predict and less risky. They only depend on the account and asset type.
easyMarkets Account Types and Resources
easyMarkets offers one standard account registration process, but when you are ready to upgrade, the polite customer support staff will tell you how to access enhanced spreads. Besides the Demo account, a standard and VIP account are part of the broker’s service. Three pips are the average spread for the Standard account with the leverage 1:400. You can upgrade your account to receive lower fixed spreads. VIP account users can get major currency pairs with a 1.8 spread. Free SMS and e-mail warning and Trading signals are part of the easyMarkets service. The minimum deposit is $25. The easyMarkets offers resources for beginners which can come in handy to experienced traders as well. They educate potential customers on the market conditions, risks, advantages, technicalities and much more.
Many customers appreciate the help from staff when they make their first steps with forex trading. The easyMarkets customer support is, according to many users, very friendly and helpful in providing information right on the spot 24/5. You can contact them via following channels:
- Live chat
- Phone and fax
- Multilingual support available, including: German, Spanish, Chinese, Arabic, French, and Hebrew
Their customer base is made up mostly by clients from Europe and Australia and they do not have a presence in the USA. This means that USA-based investors cannot be customers of this broker at this point. The company was established in 2003 which means that they are old pros in the business and know how to successfully trade. Their regulation policy ensures that the company funds are separated from the clients’ funds to ensure transparency and integrity.
Bonuses – Join and Get Rewarded with easyMarkets Bonuses
Like every reputable Forex broker company, easyMarkets also offers a $25 Welcome Bonus available after a phone number verification. In addition, they offer a first deposit bonus up to 50% on a $100 deposit or more. If you bring in new traders, you get rewarded as well. Under the Share and Earn policy you can post the easyMarkets link and every new trader who joins the community based on your link will earn you money. You can get trading credit up to the amount of $2,500. Just take a note that the money is intended for trading and cannot be withdrawn. The bonuses are based on the volume of transaction, and their amount depends on how much you deposit or invest.
easyMarkets: Forex Broker You Can Trust
This easyMarkets review gave you a closer look into business operations of one of the top Forex brokers and a type of services they offer to their clients. Based on the information provided here, you can see the company takes great care of their customers and offers a viable business environment.