Easy Forex
- Country: Cyprus
- Us Client:
- Min. Deposit:25 USD
- Max Leverage:1:400
- Spread:1.8
- Forex Licence:
- Summary
- Our Review
- User Review
easy-forex, which was established in the year 2003 is the leading supplier of trading online. Its headquarters are located in Cyprus with offices with FX trading facilities and customer service centers across more than 160 countries. easy-forex takes on the role of market maker and its liquidity providers are UBS (in Switzerland) and The Royal Bank of Scotland (RBS).
easyForex was licensed in Cyprus by CySEC as well as in Europe through MiFID as well as the rest of Australia with
Easy Forex Advandage and Disadvandage
Advandage
- MT4
- Minimum Deposit : $25
Disadvandage
- US clients not allowed
Accounts
In the initial stages of opening an account through easy-forex, traders are able to define the kind of account they want to open based on the risk level they are willing to accept. A Standard account can have the possibility of a margin as low as $25.
Other types of accounts include premium and VIP. The type of account also affects the spread available to the client. It can vary between 3 pips for a basic account, 2.5 pip for Premium, and 1.8 points for VIP.
Demo accounts are available, and traders can trade from their mobiles desktops, computers or online. You can also get free personal trainers with a guaranteed stop-loss as well as other features that are similar to the real-deal account.
easy-forex also provides trading accounts that are in line with Islamic law. Islamic laws (Sharia). Through Islamic trading accounts when traders extend their Day-Trading contracts through the next day, no fee for rolling is due. In this way, the maximum amount provided for Day-Trading offers is restricted (usually one week but could be longer or shorter based upon the exchange rate being traded).
Features
Traders can choose from more than 175 commodities that range from commodities, currencies and metals to alternatives, on their desktops or tablets, or smartphones that have an account. Easy-forex provides a broad range of Energy Commodities including WTI Crude Oil, Brent, Natural Gas, Heating oil and Gasoil. There are also many pairs of energy commodities like HEO USD / HEO, OIL / USD and other pairs.
There’s also a broad assortment of agricultural commodities that are that are different from what the majority of brokers provide, such as coffee, corn, and cocoa.
Traders can use the user-friendly Trade Simulator with no obligation or risk, and for no cost. It is a Trade Simulator lets newbie traders take a look at the simple-forex platform features such as an inside view that displays the most frequently traded currency pairs as well as the Trade Controller which lets them visualize the risk management strategy they want to use.
Trading simulators are a fantastic opportunity to sharpen your trading or test some trading strategies.
Education
easy-forex offers traders an array of tools for education. There are videos that teach both advanced and beginner traders, as well as a no-cost Forex guidebook that is easily downloaded and contains basic information about trading generally as well as strategies and tips to make the most of Forex trading.
The webinars for Forex are available online and accessible from any location in the world. Seminars offer traders the opportunity to meet the team from easy-forex in person and talk to traders from different regions. Another opportunity to connect with other traders is offered during expos organized by easy-forex, which are held regularly in different places. The the upcoming expos as well as other events is listed at the site.
In the section “Further Reading members can pick from a wide selection of content on different areas in Forex trading.
Bonuses/Promotions
There were a variety of promotions running in this review. A bonus of 20% up to $2000 was given when a trader made their first deposit.
With the Win-Win bonus the trader only needs to deposit a single amount. If the trade earns with a profit, the broker increases the winnings by a third; in the event of a loss, the broker will compensate up to $200.
easy-forex makes trading options simple by offering $300 the form of risk-free trading for anyone who has an account.
If a trader chooses to join an affiliate program or introducer broker through easy-forex, the trader can get up to 600 dollars (for affiliates on the internet) as well as up to $100 in lot rebate (for brokers that introduce). All partners receive 10 percent commissions from sub-affiliates.
There’s also a Refer-as-Friend promotion in which the person who refers the friend receives $50-$500 on deposits from $200 to $5,000. The friend gets 50percent of rewards.
Deposits/Withdrawals
The process of funding easy-forex accounts can be accomplished using credit cards, or through bank wires. They accept 12 currencies.
When withdrawing funds, you fill the online form. The funds are returned by similar methods to the deposit.
There aren’t any fees or commissions on withdrawals or deposits.
Customer Support
Traders can speak to the easy-forex representatives via phone at the two main offices located in Limassol or Sydney. Questions can be made via email or snail mail. Both can be addressed to easy-forex at its address located in Marshall Islands. Chat Live Chat is also accessible.
Commodities and Indices trade in the form of CFDs and settle 2 working days prior to the exchange expiry time at 12:00 GMT. The expiration date for every CFD is clearly stated on the trade contract along with open positions as well as the MT4 Market Watch.
Options can be made to expire within six months after the date of their initiation. On any day the expiration date of options is expire at 10:00 am New York Time.
Conclusion
easy-forex is a fantastic all-round broker for easy-forex is a great dealer in the Forex as well as the commodity market. The site is user-friendly and simple to navigate. The broker is licensed and provides a wide range of learning tools for novice traders and experienced traders.
Easy Forex Overview
Easy Forex Summary | |
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Easy Forex Details | Information |
Regulators | |
Country | Cyprus |
Base Currencies | EUR, USD |
Type Of Brokers | MM |
Trading Platform | Desktop, Mobile, MT4 |
Established Year | 2003 |
Website Language | English, Arabic |
US Clients |
Easy Forex Spreads | |
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Option | Information |
Minimum Spreads | 1.8 |
Commission | |
Fixed Spreads |
Easy Forex Payment & Withdrawal Option | |
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Option | Information |
Acc Funding Methods | Skrill, Wire transfer, WebMoney, Visa Card, Master Card |
Acc Withdrawal Methods | Skrill, Wire transfer, WebMoney, Visa Card, Master Card |
Easy Forex Suitable For | |
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Option | Information |
Publicly Traded | |
Beginners | |
Day Trading | |
Weekly Trading | |
Professionals | |
Swing Trading |
Easy Forex Trading Account Options | |
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Option | Information |
Maximum Leverage | 1:400 |
Mini Account | |
VIP Accounts | |
Segregated Accounts | |
Free Demo Accounts | |
Managed Accounts | |
Pro Account | |
Minimum Deposit | 25 USD |
Islamic Account |
Easy Forex Trading Services | |
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Option | Information |
Hedging | |
News Trading | |
Scalping | |
Automated Trading | |
Indices | |
Commodities | |
Forex instruments | |
CFDs | |
ETFs | |
Stocks | |
Bonds | |
Cryptocurrencey | |
Trading Signals | |
Educational Service | |
Copy Tradings |
Easy Forex Contact & Support | |
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Option | Information |
Telephone No | N/A |
support@easymarkets.com | |
24 Hours Support | |
Support During Weekends | |
Address | Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands |