easyMarkets Broker Review
Regulated By: CySEC, ASIC
Headquarters: Cyprus
Ranking: 12
Spread: 1.8 pips (EURUSD)
Leverage: 400:1
Minimum Deposit: $100
easyMarkets Review & Author's Comment
Spreads are high but I like their vanilla options feature. When you are on a swing or medium term trade, I strongly recommend you to use different option strategies for hedging and lowering the risk in the case that you are on the wrong side of the market. They are headquartered in Cyprus but they have ASiC license as well.
I also like their negative balance protection feature which means you will never owe more than you deposited. People started to appreciate this feature a lot after EURCHF crash following the sudden removal of 1.20 peg by Swiss National Bank SNB. easyMarkets also offer different bonuses depending on the account type and where you reside.
| Broker Detail | |
|---|---|
| Adress: | P.O. Box 53742, Limassol 3317, Cyprus |
| Phone: | +357 25 828 899 |
| Web: | |
| E-Mail: | [email protected] |
| Regulator: | CySEC (license number 079/07), ASiC (number 246566) |
| Year Founded: | 2001 |
| Instruments | |
|---|---|
| Forex: | |
| Precious Metals: | |
| Energy: | |
| Soft Commodities: | |
| Indices: | |
| CFDs: | |
| Stocks: | |
| ETFs: | |
| Bonds: | |
| Options: | Vanilla Options |
| Cryptocurrencies: | Bitcoin, Ethereum, Ripple |
| Account Options | |
|---|---|
| ECN Account: | |
| Swap-Free Account: | |
| Nano Account: | |
| MAM / PAMM Account: | |
| Demo Account: | |
| Funding Methods: | Wire Transfer, Credit Card, Neteller, Skrill, UnionPay, iDeal, SoFortüberweisung, WeChatPay, Giropay, Yemadai |
| Withdrawal Methods: | Wire Transfer, Credit Card, Neteller, Skrill, UnionPay, iDeal, SoFortüberweisung, WeChatPay, Giropay, Yemadai |
| Customer Services | |
|---|---|
| Live Chat: | |
| 24 Hours Support: | |
| Languages: | Arabic, Chinese, English, French, German, Greek, Italian, Polish, Russian, Spanish |
| Bonus |
|---|
| easyMarkets offers First Deposit Bonus to all traders who make a first deposit USD 100 or above. The bonus amount is percentage based and linked to the client’s first deposit. First deposits between $100 - $199 receive 30%, $200 - $1000 receive 50%, $1001 - $5000 receive 40%. To claim the bonus, the client shall contact their relationship manager and quote ‘First Deposit’ bonus. |
| Trading | |
|---|---|
| Leverage: | 400:1 |
| Spreads: | 1.8 for EURUSD at VIP account |
| Minimum Deposit: | $100 |
| Fixed Spreads: | |
| Automated Trading: | |
| Hedging: | |
| API Trading: | |
| Negative Balance Protection: |
| Platforms | |
|---|---|
| Supported Platforms: | MetaTrader 4, MetaTrader 5, easyMarkets Platform |
| Webtrader: | |
| Mobile: | IOS, Android |
easyMarkets Review
easyMarkets Review
- Reliability - 8.5/108.5/10
- Deposit & Withdrawal - 8.4/108.4/10
- Bonus - 6.5/106.5/10
- Customer Support - 7.5/107.5/10
- Overall Trading Conditions - 8.2/108.2/10
Summary
Well established and reliable broker. Welcome bonus. Negative balance protection. Relatively high spreads.