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Брокер Easy Forex

брокер easy forex

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Being informed about Forex market means to be aware of the available Forex brokers, as well. Once you learn the basic tips and rules for trading, start discovering the beneficial platforms in the field to become a member of and to gain even more profits. And the best way to do so is to read detailed reviews, of course. And today, we once again focus your attention on one particular broker by providing you a detailed and quite helpful Easy Forex review. Check it right away!

Easy Forex Pips Specifications to Consider

Easy Forex is a well-known Forex broker that has rich history in the field. The experience of this platform is more than year and this, naturally, indicates its strong reputation and % reliability. Indeed, Easy Forex is a very trustworthy broker and many of its current customers are mostly loyal and regular users, who have been trading on this platform for years. The headquarters of Easy Forex are based in Limassol Cyprus, although, the firm has also offices in many other locations such as Poland, Great Britain, Shanghai and Australia.

What is interesting about this broker is that even though mainly based in Cyprus, it has got its official license from the Australian Financial Services (AFS) agency. Meanwhile, the legal regulator that controls the safety on Easy Forex broker is the Australian regulator ASIC.

On the other side, to provide even more secured and reliable trading environment, Easy Forex accepts the additional EU-based regulation measures –mostly in the data safety filed. Since Easy Forex has stopped accepting US members, but this definitely did not decreased the number of people, who desire to trade on this platform. It is also important to say that Easy Forex perfect customer support services that additionally make the customers here feel very comfortable.

The platform provides the following communication methods: e-mails and phone calls. The customer support representatives are available 24/7, so the audience is always provided with additional help in case of need for more information or of some inquiry. The spreads on Easy Forex platform are entirely fixed and it transacts over 85% of the trades, which were made during the day.

The leverage options are either , or according to the type of the account you prefer to open on Easy Forex website. You are allowed to choose between a traditional account with minimum amount for initial deposit of $25 and mini account, which is very suitable for beginners. Speaking of newcomers on the website that are in the beginning of their trading activity, Easy Forex offers an amazing education centre with free of charge lessons and examples to take under consideration. Last, but not least, the payment methods for this platform are credit or debit card, PayPal and traditional bank wire transfers.

Similar Forex Brokers

*Trading bonus are not eligible for clients registered under Trading Point of Financial Instruments Pty Ltd and Trading Point of Financial Instruments Ltd

Easy Forex Bonus System and Types

Many people estimate a Forex broker by its bonus system. Whether this is right, or not is a critical discussion, but, entering Easy Forex website, it becomes obvious that this platform is very rich in different promotions. So do not waste time, but check out what bonus types you can be offers with by becoming a member of Easy Forex community:

First Vanilla Options Trade

You can receive up to $ bonus and your potential is completely unlimited. To get this bonus you only need to have an official registration on the website and to cover the minimum of the initial deposit amount. Make your first trade and see if you receive the bonus!

Welcome bonus

The welcome bonus on Easy Forex platform is common. It can give you up to $ once you open an account and make your first initial deposit. The bonus is 20% of your primary invested sum, so the more you invest, the bigger your bonus will become.

Win and Win Again

This special bonus on Easy Forex platform allows you to double your winning and to have your loss covered up to $ This is, though, offered as a promotion only for beginners in trading, who want to practice their skills at first and then, to proceed with the real trading experience. Keep in mind that this is not the well-known demo account, where you can practice for free, too, but the winnings and the losses are not real like with this Easy Forex bonus.

Easy Forex Software Type Information

It is important for a Forex broker to have a reliable and intuitive platform and Easy Forex website can definitely boast with such a strong point. The broker uses the popular not one single, but several platforms. This allows the trader to choose his best favourite, so the trading activity can be as convenient as possible! These are the available software types on Easy Forex:

  • MetaTrader 4
  • Easy Forex mobile platform
  • TradeDesk – just like MetaTrader, this platform is highly appreciated by many traders
  • Visual Trading Machine – web-based platform that is specially designed for Easy Forex website

Why Choosing Easy Forex Broker?

Check out the biggest benefits of trading on Easy Forex platform:

  • Availability of many platforms to choose from
  • Big variety of bonus types
  • Good reputation
  • Perfectly organized education center for beginners

Being experts in the field, we strongly recommend you to visit and testing Easy Forex Pips broker. You will definitely like it!

Easy Forex

Easy-Forex logo

Unique to Easy Forex

  • Free e-book
  • Get started with just $25
  • Quick registration, 5 min
  • Live 24h forex support
  • leverage
  • See market dept
  • &#;Freeze rate&#; for  optimal forex rates.
  • Trade directly from your iPhone
  • $ bonus on the first deposit.

>> Go to EasyForex now

Quick facts about asy Forex
Name:Easy Forex
Website:eunic-brussels.eu
Founded:
Country:Cyprus
Type of forex broker:Market Maker
Software:EasyForex own software
Size of forex platform:No need to download
Email:[email&#;protected]
Screenshots from EasyForex trading platform
Handelsplattformen hos Easy Forex

Currency graph. (Click for larger picture)

Trading platform Easy Forex

Trading platform Easy Forex. (Click for larger picture)

Why Easy Forex?

7,53 / 10 (Read why here)

Offering a trading platform where you can trade both currencies and commodities from $

You can register quickly and will receive a free e-book as a new trader.

Easy Forex guarantees that you can freeze the currency rate and get a trade within seconds.

The only currency broker offering order depth for smaller accounts.

>>Read full review of Easy Forex

Trading Forex

Why Trade Forex?

Forex instruments were one of the first markets we offered to our clients in Back then we were one of the first brokers in the world to provide online Forex trading and credit card funding. Our company, products and offerings have greatly evolved since but our core philosophy remains the same – continue innovating and offering our customers unique tools and conditions to trade with.

Start Trading Today

Why Trade Forex With easyMarkets?

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When can you trade Forex?

Market Trading Hours

5 November to 9 March - Times GMT

Currencies

5 November to 9 March - Times GMT

Asset

Abbreviation

Open

Time

Closed

Time

Daily Break

Majors & Minors

-

Sunday

Friday

-

Swiss Franc

CHF

Sunday

Friday

-

Exotic Currencies

-

-

-

-

-

-

Israeli Shekel

ILS

Monday

Mon-Thu / Friday

-

Chinese Yuan

CNH

Monday

Friday

-

Mexican Peso

MXN

Sunday

Friday

-

Swedish Krona

SEK

Sunday

Friday

-

Norwegian Krone

NOK

Sunday

Friday

-

South African Rand

ZAR

Sunday

Friday

-

Polish Zloty

PLN

Sunday

Friday

-

Hong Kong Dollar

HKD

Sunday

Friday

-

Singapore Dollar

SGD

Sunday

Friday

-

Danish Krone

DKK

Sunday

Friday

-

Czech Koruna

CZK

Sunday

Friday

-

First time trading Forex?

Forex can be simple to understand – you trade one currency for another one – it’s accessible, open 24/5 – and with $5 trillion of daily trading volume it’s really dynamic. This is why Forex is a favorite amongst both novice and advanced traders. Trade forex now to discover this market.

The five most popular Forex pairs involve some of the World’s most powerful currencies including the U.S. dollar (USD), the British Pound (GBP), the Euro (EUR), the Swiss Franc (CHF) and Japanese Yen (JPY). The so-called “major pairs” are currency pairs involving these currencies. When you trade Forex, you basically sell one currency for the other, but they are considered as one unit. The base currency is the one on the left i.e. EUR/USD, the non-base currency is the one on the right. Usually the pair is quoted as above: EUR/USD – (indicative price) means that every euro you buy, you sell dollars. Inversely USD/EUR would be quoted as (just divide 1 by 1, to figure out the inverse) meaning you sell 1 dollar and buy euro cents.

When you sell the currency, the opposite exists – you sell one of the base currency and buy the other. In USD/EUR at you sell 1 dollar and purchase euro.

Welcome

Buying and Selling a pair depends on the market conditions of their currency. For example a negative announcement from the European Central Bank, could cause the euro to drop significantly against the dollar. So, a trader would likely sell the pair EUR/USD meaning they sell EUR and buy USD in the hope that it will gain over the EUR due to the announcement.

Innovating since

easyMarkets has been serving its customers since From the very beginning we have strived to offer our clients the most innovative products, tools and services.

Regulation and Security

easyMarkets is regulated by CySEC, giving you the security and peace of mind you need. It is also fully compliant with all ESMA regulations.

Trade On Mobile

easyMarkets innovative and intuitive app allows you to trade on any iOS or Android device, giving you access to markets anywhere, anytime.

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Forex FAQs

How risky is Forex Trading?

Because Forex is a leveraged financial instrument it can be risky. Always practice healthy risk management when trading leveraged products, including calculating and adhering to your risk/reward ratio, strategy and investment goals.

How can I calculate profit when I’m trading Forex?

First you need to calculate how many pips the price has moved. Because your profit and loss will be the pip movement multiplied by the size of your position.

First you should calculate the spread i.e. the difference between the bid and ask price.

Bid – Ask = Spread

Here’s how to calculate the pip movement of your trade:

The EUR/USD exchange rate is meaning US dollars is worth 1 euro. If you sell a euro you buy US dollars. If you buy 10, euros at a rate of that equates to selling $14, (1 euro = $, therefore €10, = $14,). If the euro rises and the rate moves to For every euro you bought, you have made 1 cent, in turn this means you profited by $ ($14, -$14,). Inversely if you sold the pair, meaning you sold euro and bought USD. So 10, euros at , meaning you lost 1 cent for every euro you bought. A 10, euros would equate to a loss of $ ($14, - $14, ). Inversely if you were to sell 10, euros with the same price movement and conditions you would lose $

Are there better times to trade forex?

The forex market is open 24 hours a day five days a week, so choosing when to trade can seem daunting, especially if you are a new trader. The trading day in forex is separated into four main sessions; New York, Asian, European and Australian. Here’s where it can get more complex though, because the best time to trade depends on how you trade. Traders that seek to benefit from small increases and decreases in price, usually seek volatility, even though it increases risk. This usually happens when session over-lap. If you are a long-term trader i.e. someone that opens trades and holds them for a longer period of time, or if you are a risk averse trader then you might want to avoid volatility, which in turn means avoiding overlaps.

How long should I learn about FOREX before trading?

Everyone learns at a different pace, but the general rule of thumb is after a months of trading with a demo account – or until you can produce replicable results and conservative returns consistently. The truth is that a serious trader should always be researching and learning.

How hard is it to trade forex?

Although forex is considered one of the most straight forward types of trading, it is still complex and requires specialized knowledge. Luckily easyMarkets offers an extensive educational library and a trading education module with multiple video lessons and knowledge tests. These are available for free; all you have to do is have a sign up with easyMarkets.

What is Forex and how do you trade it?

FOREX is an abbreviation for Foreign Exchange because it exchanges one currency for another one from a different country. Even if you have never traded but travelled, you might have actually participated in the FOREX market. When we travel, we exchange our money for the money of the country we are travelling to.

When you trade FOREX, you aren’t necessarily buying the actual Dollars for physical Euros. You are trading a CFD (a Contract for Difference), which allows you to trade the price of your chosen currency for another, without the obligation of owning it. This means you can trade and potentially benefit from both upwards and downwards movements . As with any investment vehicle there are inherent risks involved due to the numerous variables that affect market volatility, please be aware of these before you start trading.

How much do I need to start trading Forex?

easyMarkets allows you to open an account with just $ You can even trade with easyTrade with as little as $23 (depending on market conditions at the time of placing the trade). easyMarkets is dedicated to price transparency, so you can rest assured you will never be burdened with hidden fees. Also, easyMarkets offers fixed spreads which never change during volatility, meaning that you can calculate your costs ahead of time.

Can you trade forex full time?

Much like other types of trading or investing, there are numerous variables that contribute to potential profitability or increase potential risk. The best way to achieve your investment/financial goals and avoid unnecessary risk is to have a strategy, a well-defined risk limit and be aware of all the events happening that can cause market volatility.

*dealCancellation terms apply.

dealCancellation© is a patent pending under the “Easy Cancellation Option” application number

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Easy-Forex

Risk Disclosure: GuruTrade assumes no liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and forex signals. Operations in the international foreign exchange market contain high levels of risk. Forex trading may not be suitable for all investors. speculating only the money you can afford to lose. GuruTrade remind you that the data contained in this website is not necessarily real-time and may not be accurate. All stock prices, indexes, futures are indicative and not appropriate for trading. Thus, GuruTrade assumes no responsibility for any trading losses you might incur as a result of using this data. Version of the document in English is a defining and shall prevail in the event that there are discrepancies between the English and Russian languages. Seeking stocks, quotes, charts and forex? Take a look at the portal eunic-brussels.eu - the best directory of brokers and modern economic calendar for your service!

+ ways to trade, free market training, VIP treatment and a ton of tools to help you succeed, all with easyforex

Our Services

Our brokerage system is one of the most user-friendly and optimized systems for experienced traders and newcomers alike. We offer a wide variety of revolutionary features, all of which can make your trading experience that much more enjoyable, taking you ever closer to becoming a successful forex trader.

By offering our users fixed spreads, you can be assured that the spread does not suddenly change, consequentially putting your account in the negative. One of our most exciting features is the deal cancellation option which allows you to back out of losing trades for up to 60 minutes after its initiation. Free trading signals and alerts are also offered to users, which saves you time as you do not have to constantly stare at the charts waiting for the price to reach your desired level. You can just set an SMS alert to inform you when the price changes.

Our tight spreads start at pips and go up from there. Once you have entered a trade, you can be sure that the spread does not change; thus, when it hits your stop loss it takes you out of the trade. This is one of the most frustrating aspects of the forex market, and we have implemented this feature to protect our users from that annoyance.

easy forex Review

easy-forex is an award winning global broker with access to markets,innovative trading platforms and a commitment to easy trading. With over a decade of trading expertise and , fulfilled clients in countries worldwide, easyMarkets will tick all your boxes whether you are a new or experienced trader, affiliate or introducing broker.

Trade currencies, commodities, metals, vanilla options and indices from one place without the jargon, complicated offers and confusing terms!

Welcome to the exciting world of trading.

+ Tradable Instruments
Award Winning Platforms
Low Fixed Spreads
Global Presence
24/5 Dedicated Support
  Established
Exciting Promotions
Client Fund Safety
FREE Training & Support

Our group of companies through its subsidiaries is licensed by the Cyprus Securities & Exchange Commission (Easy Forex Trading Ltd-CySEC, License Number /07), which has been passported in the European Union through the MiFID Directive and in Australia by ASIC (Easy Forex Pty Ltd- AFS license No. ).

easy-forex has offices in Limassol, Warsaw, Sydney and Shanghai.

Typical Spread on Majors

EUR/USD3
GBP/USD4
USD/JPY3
* STANDARD account shown.
HeadquartersLimassol, Cyprus
Type of BrokerMarket Maker
Founded
Regulated ByRegulated ByASIC (Australia), CySEC (Cyprus)
Offices InAustralia, Cyprus, Poland, China
Supported LanguagesEnglish, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish, Hebrew, Italian, Turkish, Hindi, Portuguese, Swedish, Punjabi, Urdu
ESMA Regulation ?This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account CurrenciesEUR, USD, GBP, JPY, CHF, AUD, CAD, NZD, NOK, SEK, SGD, PLN, MXN, HKD, TRY, ZAR, CNY, CZK
Minimum Deposit$25
Traders from USA AllowedNo
Clients Funds SegregatedYes
Interest on MarginNo
Islamic AccountsYes
Islamic Account RestrictionsMuslim Faith Only
ECN / STP Accounts OfferedNo
Commission on STP or ECN0
VIP Accounts OfferedYes
VIP Account Requirements$20, Minimum Deposit
Mini Accounts OfferedYes
PAMM / MAM SolutionsNo
API SolutionsNo
Mobile TradingYes
Web Based TradingYes
Funding MethodsCredit/Debit Cards, Wire Transfer, Neteller, WebMoney, Skrill
Withdrawal MethodsCredit/Debit Cards, Wire Transfer
Platforms OfferedMetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, TradeDesk, WebTrader
NO of Pairs
Pricing Digits5
Trade off ChartsYes
One-click ExecutionYes
Email AlertsYes
Mobile AlertsYes
Trading Server TimeGMT + 0
Demo Account Expiry2 Weeks
VPS OfferedNo
Dealing DeskYes
Maximum Leverage
Minimum Contract Size
ExecutionInstant Execution
HedgingYes
ScalpingYes
Scalping RestrictionsNo
Option of OCONo
Option of FIFONo
Liquidity Providers10+
Negative Balance ProtectionYes
CFD'sYes
MetalsYes
OilYes
IndicesYes

To submit your own Forex Broker review please fill in the form below. Your review will be checked by a moderator and published on this page. Please ensure that you use a valid email address when posting your review and check your email after submitting the review - we will send you an email with a confirmation!

Best Forex Brokers for Beginners of

Forex trading platforms education comparison

Taken from our forex broker comparison tool, here's a comparison of the education features for the best forex brokers for beginners.

How do I start trading forex?

Here are the 8 steps to start trading forex with a trusted broker:

  • Study free educational material (check out my guide to the best free forex trading courses).
  • Open a free demo account and practice.
  • Learn how to use the trading software.
  • Develop a trading strategy.
  • Open a live account with a trustworthy, well-regulated forex broker.
  • Deposit a small amount of risk capital.
  • Focus on managing percentage returns.
  • Only scale once you’ve established a consistent track record.

Tips for beginners:

  • Before depositing real money, open a free demo account that lets you get a feel for how the broker’s trading platform works.
  • After you’ve learned how to use the software and have practiced trading with the demo (virtual) account, move on to a live forex trading account with a trusted forex broker.
  • Always begin with an amount of capital that you can afford to lose before deciding to invest more serious amounts.

Can I teach myself forex trading?

Yes, and while studying the fundamentals of forex trading won’t guarantee success in the forex markets, it's an important first step for beginner forex traders.

Check out this quick video where I break down some of the forex market fundamentals and some important facts about forex trading:



The best forex brokers also offer a wide range of free educational materials in a variety of formats. We’ve compiled some free beginner’s resources as well as some expert tips for beginners to aid you in your forex educational journey. You can also check out my guide to the best free forex trading courses.

Free forex trading educational courses and resources:

Expert tips for beginner forex traders:

Free versus paid educational content: Many forex education companies charge for their services, but our research has found that some of the best educational content is available directly from the online forex brokers themselves – though not all brokers offer comprehensive educational options.

Content from brokers versus third parties: Working with a trusted and regulated online broker gives you the added benefit of being able to reach out to their customer support team to speak with a trading specialist. Speaking with someone on the trading desk can help beginners find answers to general forex trading questions – but keep in mind that brokers cannot give you advice or recommendations on what to buy or sell.

Ease of use: Trading software can vary in quality from broker to broker, and some platforms can be far more complex to learn than others – especially if you have limited forex trading experience. Plus's simple platform design makes it a good one for learning the fundamentals. Some brokers, like IG, offer learning courses that feature progress tracking and quizzes designed to test your knowledge as you move through the material.

How to develop a forex trading strategy in ten steps

Here are some questions every trader should ask themselves when creating an investment strategy or forex trading methodology:

  1. Set goals: What are the specific goals I want to reach with my trading strategy?
  2. Manage time: How much time do I have each day to dedicate to trading?
  3. Capital commitment: What is my ideal trading budget for accomplishing my goals, and what is the most I am willing to risk overall?
  4. Trade frequency: What’s the number of trades I should aim for each week?
  5. Factor risk/reward: What is the maximum risk/reward target for each trade that will still align with my goals, and what is my overall percentage risk tolerance?
  6. Analyze price action and research: How will I identify trading opportunities?
  7. Opening a position: How will I decide when to enter a trade?
  8. Closing a position: How will I decide when to exit a trade early, or to modify my stop-loss/limit levels if my expectation of market conditions changes before my targets are reached?
  9. Calculate your odds: What winning percentage do I need in order to be profitable (after accounting for my trading costs)?
  10. Use your trading statistics: How long should I stick to my trading plan and establish a track record of results, before modifying my strategy or deciding to invest more money?

How much money do you need to trade forex?

The amount of money you will need to trade forex depends on several factors, including your expected trade sizes, risk threshold per trade, the available margin requirements from the broker (i.e., leverage), and any minimum deposit requirement to open your account.

Let’s look at an example:

Say that you plan to trade one mini lot (10, units) of the euro currency, and your forex broker offers a maximum of leverage. Your trading funds will need to cover at least 5% of the trade value just for the margin, and another €1 for every pip you plan on risking when the market moves against your position. Note: In this case, 1 pip is euros worth of currency.

That mini lot of 10, EUR/USD would require at least euros in margin (based on the leverage). If you wanted to risk no more than pips per trade you’d need another euros, bringing the required starting balance up to euros.

Let’s look at a couple of other examples of how this could break down in your forex trading account:

Trading a standard lot: Calculating for the above trading scenario, but for a standard lot (, units of currency), you’d just add an extra zero to each variable. The margin requirement would be 5, euros and the pip value would be 10 euros per pip. Risking pips would require 2, euros in risk capital, bringing the total to 7, euros.

Trading a micro lot: Likewise, calculating the same scenario for a micro contract or (1, units of currency per lot), we can just remove one zero from each variable. The pip value becomes 10 cents, the margin requirement would be 50 euros, and the risk capital (for pips) would require 20 euros.

Forex brokers with great educational content for beginners

1. IG

IG is my pick for the best forex broker for beginners in , largely due to its comprehensive, thoughtfully curated offering of educational content. I’m consistently impressed with the quality and quantity of IG’s seemingly endless collection of educational resources. Beginner forex traders at IG will find educational videos, articles, quizzes, and courses. IG has even developed a mobile app expressly dedicated to financial markets education. Check out my review of IG to learn more.

Check out a gallery of screenshots from IG's educational offering, taken by our research team during our product testing.

2. Saxo Bank

Traders at Saxo Bank gain access to high-quality information about financial markets with unique insights from Saxo Bank’s analysts and educators. Saxo Bank offers 20 high-quality video courses and dozens of articles dedicated to financial markets education. Additionally, Saxo’s market research content is so comprehensive and informative that I consider it a highly valuable educational resource. Whether I’m listening to the Market Call podcast to learn about stagflation, perusing the broker’s FAQs, or checking out Saxo’s high-quality research, I almost always learn something new about how markets function at Saxo Bank. Read my review of Saxo Bank to learn more.

Browse a gallery of screenshots from Saxo Bank's educational offering, taken by our research team during our product testing.

3. Interactive Brokers

Interactive Brokers has significantly expanded its scope of educational content for beginners in recent years. The IBKRCampus offers university-grade content alongside a wide variety of resources and learning materials for beginner forex traders. The broker’s Traders’ Academy portal delivers helpful content that covers basic topics and includes advanced learning courses, complete with interactive quizzes and progress tracking as you go through each lesson. The IBKR Student Trading Lab (STL) offers a companion tool for college finance courses – a great resource if you are a beginner studying finance. Simply put, it’s hard to stay on top of all of the excellent educational content available at Interactive Brokers, making it one of the best forex brokers for beginners in Learn more by reading my review of Interactive Brokers.

Take a look at a some screenshots from Interactive Broker's educational offering, taken by our research team during our product testing.

Which forex broker has the lowest minimum deposit?

There are several forex brokers, such as CMC Markets, that advertise a $ minimum deposit. This just means that you can open a live account and deposit whatever amount you’d like to start trading – there’s no minimum funding requirement.

The following five brokers have zero-dollar minimum deposit requirements for opening a live forex trading account:

Note: When deciding how much money to start with, be sure to keep extra costs in mind such as wire transfer fees and other transfer-related costs that may depend on your chosen payment method. It’s also important to consider the collateral (margin) you plan to use for your expected trade sizes.

Even if your forex broker does not have a minimum deposit requirement, you’ll still need a method for funding your account to place live forex trades. PayPal has become a popular way for forex traders to fund their trading accounts, due to PayPal’s extensive international presence and wide range of supported currencies. Check out our guide to the best PayPal forex brokers to learn more about using PayPal to fund your account, and to see our list of the best forex brokers that accept PayPal.

How do I choose a forex broker?

Your first step when choosing a forex broker is ensuring that holds regulatory licenses from reputable jurisdictions. Choosing a regulated broker that is permitted to offer services in your country helps you avoid potential forex scams. Also, by selecting a trusted forex broker that is well-capitalized, you reduce the risk of the broker going bankrupt and losing your deposit.

To select a forex broker, start by looking for brokers that are regulated in your country and any available consumer compensation funds provided as protection against bankruptcy. Next, read full-length forex reviews. Finally, compare your top two choices side by side to decide on a winner.

auto_stories Pro tip:

Beginner forex traders should also consider trading costs, range of markets, available platforms, mobile trading apps (see our top picks for forex trading apps), market research and news sources, educational articles, and the quality of customer service that the forex broker provides.

What are the most popular currency pairs?

The most heavily traded currency pairs by volume all include the U.S. dollar (USD), followed by the euro (EUR), Japanese yen (JPY), Great British Pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and Swiss Franc (CHF). This is according to the latest Triennial Survey by the Bank for International Settlements (BIS), which found that approximately 88% of all forex trades include the U.S. dollar. Check out Currency Pairs on Wikipedia for some more high-level information.

Note: The resulting pairs from these popular currencies are known as the "major pairs" and include the EUR/USD, USD/JPY, GBP/USD, AUD/USD, CAD/USD, CHF/USD, and followed by the Chinese renminbi (CNY), which is the eighth most traded currency, but seventh most traded currency pair when combined with the U.S. dollar (CNY/USD).

Infographic with Five Facts about Forex Trading

Here is an excerpt from the Triennial Survey from BIS:

What is the best forex broker for beginners?

If you're a beginner looking for a thorough selection of educational materials, then IG is the best choice among forex brokers. We've also written an extensive guide for the best forex brokers in the U.S. for beginners, in addition to the brokers that support international traders.

Also noteworthy is Plus for its trading platform, which is great for beginners thanks to a simple layout that is easy to learn.

Can I get rich by trading forex?

While possible, getting rich by trading forex is rare. Practice and skill are required to make money trading forex. Successful traders strive to make trades that, on average, return larger profits (winners) than losses (losers) over time. Historically speaking, several hedge fund managers have been able to get rich trading forex.

For example, George Soros made over £1 billion in profit by short selling the British pound in , in what can be described (if one is prone to understatement) as a large bet. Read more about what's known as Black Wednesday on Wikipedia.

Tips for getting started with forex trading

Forex trading is complex and may not be suitable for everyone. Whether forex trading is right for you will depend on your individual financial situation, trading goals, and level of experience as a trader and investor. Beginners who are just getting started as forex traders should exercise caution; the majority of forex traders lose money.

That said, forex trading continues to grow in popularity. If you want to jump into the largest financial market in the world, here are my top 5 tips for getting started as a forex trader:

1. Open a forex trading account with a trustworthy forex broker. Read through your forex broker’s applicable terms and conditions (it’s always a good idea to read all the fine print) and complete the live account application process.

2. Fund your new brokerage account. You’ll need to choose a reliable deposit method (supported by your broker) for sending and receiving funds. Always make sure you are starting with an amount you can afford to risk.

3. Try out a free demo account. Starting with a demo account (also known as virtual trading or paper trading) lets you try out your broker’s platform and get comfortable with the broker’s offering – without risking any real money.

4. Create a trading plan. Even the best forex traders can lose money. The key to long-term success as a forex trader is to create a trading plan that helps you establish a consistent trading record, and keep your average losses low (relative to your average profits). Keep track of your trading plan (along with new forex lingo and trader jargon) in a dedicated trading journal. I suggest checking out eunic-brussels.eu's guide to the best online trading journals for some great resources.

5. Enter the forex market and place your first trade. Choose your desired trade size, and open a long position by clicking buy on a given currency, or open a short position by clicking sell. You are now a forex trader! Again, you should only risk funds that you can afford to risk.

warning Pro tip:

If you're a beginner, you should familiarize yourself with the risks associated with forex trading. Beginners will also need to watch out for sophisticated forex scams. Check out my guide to forex scams to protect yourself – and your funds – from scammers.

Is forex trading profitable?

The majority of traders lose money. Therefore, to beat the odds and make money trading forex, you must have a trading strategy that focuses not only on identifying trading opportunities (i.e., signals when to buy or sell) but also calculates the optimum trade size relative to your balance. In addition, your target risk and profit levels should be determined in advance using a stop-loss order and limit.

This way, you have a plan on when to exit a trade – whether at a loss or profit. To be successful in trading, you just need to keep your average losses smaller than your average profit (though of course, that’s easier said than done).

Gambling versus investing: One of the reasons that so many traders lose money is that they take risks that are larger than their budget allows. Many traders treat investments as they would gambling, where their risk is uncontrolled or unbalanced.

If you want to increase your chances of trading forex profitably, treat it as an investment by focusing on limiting your risk relative to the target profit on each trade. In addition, look for trading opportunities that have a higher probability of reaching their profit potential – though these may be harder to find, it’s sometimes better to wait for the right opportunity, rather than jumping into the market just because it is there.

percent Pro tip:

Even if you have a sizeable investment portfolio or budget for trading, starting small and focusing on the percentage returns can be a great way to scale your investment over time.

The Best Forex Trading Platforms for Beginners





eunic-brussels.eu Overall Rankings

Now that you've seen our picks for the best forex brokers for beginners, check out the eunic-brussels.eu Overall Rankings. We've evaluated over 60 forex brokers, using a testing methodology that's based on + data-driven variables and thousands of data points. Check out our full-length, in-depth forex broker reviews.

Easy Forex Review [year]

easy-forex, founded in , is a leading provider of online trading services. It is headquartered in Cyprus with offices, FX trading rooms and customer support centers in over countries worldwide. easy-forex assumes the position of a market maker, with its liquidity providers being UBS (in Switzerland) and The Royal Bank of Scotland (RBS).

  • Demo and Islamic Accounts

  • Choice of Platforms

  • Attractive Bonuses

  • U.S. Traders are Not Accepted

easy-forex is licensed in Cyprus by CySEC , in Europe with MiFID and in Australia by ASIC.

HeadquartersCyprus
RegulatorsASIC, CySEC, MiFID
Year Established
Execution Type(s)No Dealing Desk
Minimum Deposit$25
Trading Platform(s)Other, MetaTrader 4, Proprietary platform
Islamic Account
Signals
US Persons Accepted?
Managed Accounts

Accounts

When first setting up an account with easy-forex, traders can define the type of account they wish to use according to the level of risk they are willing to take. A Standard account comes with a margin of as little as $

Additional account types are Premium and VIP. The type of the account will also determine the spread offered to the client, ranging from 3 pips for a standard account, pips for Premium and pips for VIP.

Demo accounts are available and traders can trade on mobile, desktop or online. There are free personal trainers, guaranteed stop-loss and other features similar to a real account.

easy-forex also offers trading accounts which adhere to the Islamic law (Sharia). With Islamic trading accounts, when traders extend their Day-Trading deals to the next day, no rolling fee is charged. Accordingly, the maximum duration offered for Day-Trading deals is limited (usually 1 week but it can also be shorter or longer depending on the currency pair traded).

Easy Forex Homepage

Features

Traders can select over products ranging from currencies, commodities and metals, to options, using their desktops, tablets or smartphone devices with account. easy-forex offers a wide range of Energy Commodities including WTI Crude Oil, Brent, Natural Gas, Heating oil and Gasoil. There are also several energy commodity pairs such as HEO / USD, OIL / USD and others.

There is also a wide range of agricultural commodities over and above what most brokers offer such as cocoa, corn and coffee.

Traders can take advantage of the easy-forex Trade Simulator with no obligation or risk and at no cost. The Trade Simulator lets newbie traders explore the easy-forex platform features which include the Inside Viewer that shows them the most popularly traded currency pairs or the Trade Controller that enables them to visually set their risk management strategy.

The trading simulator is a great way to sharpen trading skills or to test out some trading strategies.

Education

easy-forex provides traders with a host of educational tools. There are training videos for both beginners and advanced traders and a free Forex guide ebook that can be easily downloaded and includes basic information on trading in general as well as tips and techniques for successful Forex trading.

Forex webinars are online and accessible from anywhere in the world and seminars offer traders an opportunity to meet the easy-forex team in person and interact with traders like themselves from other areas. An additional chance to meet other traders is provided at easy-forex expos which take place periodically in many different locations. A listing of upcoming expos and other events are listed on the website.

In the ‘Further Reading’ section, members can choose from a variety of different articles on various areas of Forex trading.

Learn Forex Trading
Questrade Features

Bonuses/Promotions

There were several promotions going when doing this review. A 20% bonus up to $ was offered on a trader’s first deposit.

With the Win-Win bonus, a trader need only make a deposit of any amount. If the trade comes in as a profit, easy-forex doubles the win; if it’s a loss, the broker will cover it up to $

easy-forex makes option trading easy by offering $ in risk-free trading to anyone opening an account.

Should a trader decide to become an affiliate or introducing broker with easy-forex, he/she can receive up to $ (for online affiliates) and up to $ lot rebate (for introducing brokers). All partners earn 10% commissions from their sub-affiliates.

There is also a Refer-a-Friend promotion where the referrer receives from $$ on deposits of $ to $5, The friend receives 50% of the reward.

Deposits/Withdrawals

Funding to easy-forex accounts can be done with credit cards or via bank wires. They accept 12 different currencies.

Withdrawals are done by filling out an online form. Funds are returned using the same methods as the deposit.

There are no fees or commission on deposits or withdrawals.

Customer Support

Customer Support Methodsemail-supportchat-support
Support Hours24/5
Website Languages

Traders can contact an easy-forex representative by telephone at the broker’s two main offices in Limassol and Sydney. Queries can be sent by email and snail mail can be sent to easy-forex at their address in the Marshall Islands. Live Chat is also available.

Commodities and Indices are traded as CFDs and settle two working days prior to the underlying exchange expiry at GMT. The expiration of each CFD is clearly stated in the trade ticket as are open positions and MT4 Market Watch.

Options can be set to expire up to six months from initiation date. On any given day, options that expire do so at AM New York Time.

Conclusion

easy-forex is a great all-around dealer in the Forex and commodity markets. The website is user-friendly and easy to navigate. The broker is well regulated and offers a host of educational features for both beginners and advanced traders.

The most attractive feature at easy-forex is its list of generous bonuses and promotions. At the time of this review there were at least four bonuses being offered which made opening an account with this broker both lucrative and fun. There is nothing like a good promotion to attract new clients and easy-forex has done just that. The fact that the broker is regulated by several organization adds to the appeal of this broker.

MT4
MT5
cTrader
Proprietary Platform
Automated Trading
Guaranteed Stop Loss
Scalping
Hedging
OCO Orders
Interest on Margin

Visual Trading Machine

easy-forex offers traders an online web trading platform, Visual Trading Machine which allows them to trade from any computer wherever they are. The platform includes sophisticated tools, real-time rates feed, one-click trading, freeze rate, live market news and other unique features. The platform is fully transposable once downloaded.

Trading Platforms
Trading Platforms

Mobile and Windows

The easy-forex platform can be used on most mobile devices including iPhones, Androids and Smartphones. The downloadable app provides traders with easy access to their trades, real time charts and rates for most commonly traded currency pairs including gold and silver, daily market outlooks, video news and financial calendar and all the advantages of trading with easy-forex including tight fixed spreads and guaranteed fills.

MT4

The popular MetaTrader4 platform at easy-forex offers fixed spreads, the use of Expert Advisors, hedging, microlots starting from lots, No Dealer intervention, fast Market Execution and Trading Central News Feed.

MT4 Platform
MT4 Platform

About the Author

eunic-brussels.eu Team

eunic-brussels.eu Team

The eunic-brussels.eu team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.

Contact Us

Since , easy-forex has been revolutionising currency trading in over countries.
A pioneer in developing forex as a consumer product, easy-forex continues to lead with customized technology and personal service tailored to all levels of traders.

With one easy-forex account, traders can trade currencies, precious metals, energies and indices using their web, desktop or mobile platforms. Personalised training programmes, dealing room specialists, rewarding Introducing Broker and affiliate programmes are just some of the reasons why thousands of traders choose us every year.

Licensed in Australia, EU and USA, easy-forex has multiple offices around the world, from London to Sydney .

Trade Responsibly: EF Worldwide Ltd makes no recommendations as to the merits of any financial product referred to in this advertisement, emails or its related websites and the information contained does not take into account your personal objectives, financial situation and needs. Therefore, you should consider whether these products are appropriate in view of your objectives, financial situation and needs as well as considering the risks associated in dealing with those products. EF Worldwide Ltd recommends that you read the Client Agreement before making any decision concerning EF Worldwide Ltd financial products. Trading involves substantial risk of loss. Do not invest money you cannot afford to lose. EF Worldwide Ltd is not under the supervision of the JFSA, it is not involved with any acts considered to be offering financial products and solicitation for financial services, and this website is not aimed at residents in Japan.” EF Worldwide Ltd (Financial Services Authority of Seychelles - License Number SD)

Based in Cyprus, easyMarkets is an online broker, which offers trading of Forex and contracts for difference (CFDs) on a wide range of asset classes, including shares, commodities, indices, and cryptocurrencies. The broker promises low spreads, reliable customer support, as well as convenient proprietary platform beside the industry-standard MetaTrader 4.

The firm was established in and started as a Forex broker under the name easy-forex. It expanded its market coverage, gradually adding more assets and trading instruments to its portfolio. By December , it completed the transition to easyMarkets, a rebranding process that reflected its wider offering – along with various currency pairs, the broker started offering CFDs on commodities, vanilla options, indices, and metals.

In fact, easyMarkets now offers its clients plenty of ways to trade, including CFDs, options, forwards, and the new and innovative trading product easyTrade.

Regulation

Although easyMarkets is not publicly traded, it is considered a safe and reliable FX and CFD broker. It is regulated by several reputable financial regulators and complies with all European and major international rules regarding the financial services sector. Over the years, it has won more than 30 international rewards for its services, including Best Forex Broker in Forex Expo Dubai and Most Innovative Broker at the World Finance Markets Awards.

The website, easyMarkets, is the trading name of Easy Forex Trading Limited, which is based and registered in Limassol, Cyprus. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC). easyMarkets is also licensed by the Australian Securities and Investments Commission (ASIC) and fully authorized to offer financial services in Australia.

Complaints may be taken to the Financial Ombudsman Service in the UK. If the broker fails, clients may receive up to €20, under the Investor Compensation Fund in Cyprus. Certain clients in the UK may also be compensated up to €85, under the Financial Services Compensation Scheme (FSCS).

Trading Instruments

When the broker started in , its main focus was offering Forex trading to professional and retail investors. In fact, easyMarkets was among the fist brokers to provide online Forex trading and credit card payments. However, it added more markets, hundreds of financial instruments, as well as various ways to trade them.

Trading Platforms

The broker offers several trading platforms where its clients can trade various instruments and access the global markets. This includes easyMarkets’ proprietary platform and the popular MetaTrader 4 (MT4). Customers can also download and install MetaTrader 5 (MT5), which is broadly considered speedier and more efficient than its predecessor.

Using the broker’s proprietary platform is an option for those who wish to execute trades directly in their browsers without installing any specialized software. Connecting your easyMarkets account to the popular charting platform TradingView is another alternative and so is trading on the fly via the broker’s native applications for iOS and Android.

MetaTrader 4

Most traders would probably instantly pick the MT4 platform, which is available for desktop and mobile devices. The MetaTrader 4 app can be downloaded and installed on any modern iOS or Android device. When it comes to functionality, MT4 is one of the best options on the market – it is highly customizable, it comes with a great number of analytic tools and features, and it allows automatic trading.
Traders can change the overlays and use different technical indicators, while the platform supports two main types of orders, namely market orders and pending orders. When using the MT4 platform offered by easyMarkets, traders can access more than 80 markets and invest in various financial instruments, including forex pairs, indices, cryptocurrencies, and soft and hard commodities.
Additionally, MetaTrader 4 supports single-click trading with contracts for difference and comes with numerous preinstalled indicators that facilitate easier market analysis. The platform can show multiple live charts simultaneously, which works to the benefit of well-versed traders. Automated analysis is also possible via the expert advisors featured in the platform. Users can conveniently test their expert advisors as MetaTrader 4 provides them with two decades of historical data.

MetaTrader 5

Customers of easyMarkets have the option to install MT4’s more advanced successor on their desktop computers or mobile devices. Registered traders who already hold accounts with easyMarkets can contact a customer support representative to assist them with setting up MetaTrader 5.

The MT5 version is more suitable for versed traders as it gives them access to more financial instruments across all markets, including currency pairs, shares, soft and hard commodities, cryptocurrencies, and stock indices. The platform is loaded with great features that can significantly improve your trading efficiency and performance. It comes with 38 technical indicators, as opposed to the 30 indicators built into its predecessor, and features 21 chart timeframes, with intervals ranging from one minute to a month.

EasyMarkets offers very good trading conditions on MetaTrader 5, including negative balance protection and flexible leverage ratios capped at for professional traders. The biggest difference between the two platforms is that MetaTrader 5 gives you access to variable spreads that start at pips, which is not the case with its predecessor where all spreads are fixed.

Variable spreads are beneficial for traders because they change as market conditions improve or deteriorate. Traders can anticipate lower spreads when there is less volatility in the market, which, in turn, results in reduced costs and greater long-term profits. Last but not least, MT5 gives you tons of customization options, allowing you to create your own symbols and build custom technical indicators.

easyMarkets Proprietary Platform

EasyMarkets has its own web platform, which has a simple, intuitive design that makes it suitable for new clients of the broker. It also comes with tons of features for more experienced traders – it offers a news feed, charts, Inside Viewer, which shows the investor sentiments, and more.

Clients can instantly switch between day trading, forward trading, pending orders, and the easyTrade feature. This is a unique trading ticket that has zero spot spread, the risk is limited, while the reward can be unlimited. The platform also features dealCancellation and Freeze Rate, as well as free guaranteed stop-loss orders.

The dealCancellation feature works to the advantage of beginners prone to making trading mistakes. The feature enables novices to cancel their erroneous trades and recover any potential losses within an hour of opening the positions by mistake. In essence, this works like a trade ‘insurance’ that comes at the expense of a nominal fee.

The Freeze Rate is another great tool exclusively available at the broker’s proprietary browser-based platform. As the name indicates, this feature enables savvy traders to lock in the prices of their chosen markets for three seconds. This may not seem much but a lot can change in three seconds in highly volatile markets like cryptocurrencies and foreign exchange. When used adequately, Freeze Rate can be an indispensable tool for intraday traders and scalpers.

TradingView

Registered customers have the option to link their easyMarket accounts to TradingView, a hugely popular and extremely powerful charting platform that is implemented by more than 50 million traders worldwide. The platform enables you to identify favorable opportunities in the global markets, which can significantly improve your results as a trader in the long run. It also functions as a social media platform, allowing you to connect with fellow traders, exchange ideas or strategies, and discuss market conditions.

Needless to say, you must sign up for TradingView beforehand in order to connect it to your easyMarkets account. TradingView is overflowing with useful features for analysis and customization. It allows you to backtest your trading strategies to see how they perform against historical market movements, customize your charts, perform technical analysis, and more. Connecting your easyMarkets account to TradingView comes at no extra cost. The only downside is that manually executed market orders via the platform typically suffer from slippage.

Mobile Trading

EasyMarkets gives you the flexibility to trade on the fly via two highly intuitive apps, available for free download on Google Play and Apple’s App Store. Customers can install them on any portable device that meets the minimum system requirements (iOS and Android ). App users can trade a couple of hundred financial instruments, including shares, indices, commodities, and currency pairs under very competitive conditions.

Cryptocurrency trading is also possible with the easyMarkets app. Mobile traders can dabble in various decentralized currencies like Stellar, Bitcoin, Bitcoin Cash, Ripple, Ethereum, and Litecoin. Another benefit of installing the app is that it enables traders to easily access their portfolio without entering any login credentials. The app supports biometric authentication, allowing you to sign in via Face ID or Touch ID.

Payment Methods

To make trading easy and convenient for clients from all over the world, the broker accepts a wide range of payment methods and currencies. When new customers open an account with easyMarkets, they can choose from the following currencies – USD, EUR, GBP, CAD, AUD, NZD, CHF, SEK, NOK, CZK, PLN, ZAR, JPY, CNY, HKD, SGD, and TRY.

Investors can make a deposit into their brokerage account for free. Withdrawals are also free. The minimum deposit amount is $25, while the minimum withdrawal to a bank account is $ There is no minimum amount for withdrawals to credit and debit cards or digital wallets. Also, most deposits are instant, while withdrawals are processed within 24 hours by the broker. It may take, however, 3 to 10 days until the withdrawal reaches the client’s account – this would depend on the bank’s processing times, on the client’s country of residence, as well as on the preferred payment method.

The choice of banking methods is impressive and investors can choose from several brands of credit/debit cards, including Mastercard, Visa, Maestro, American Express, JCB, and AstroPay. However, not all cards are available globally – JCB cards, for instance, can only be used in Europe, while AstroPay is not available to users in the European Union and Australia. Digital wallets are also accepted at easyMarkets – these include Neteller, Skrill, and the local Indonesian FasaPay.

Clients can also fund their trading accounts using online banking services by several different providers. It should be noted that most of these services are available only in certain countries and regions. Deposits via this type of payment method vary considerably in terms of processing time – GiroPay (Germany) and Sofort (Germany, Austria, Belgium, Netherlands, and the UK) transfers are processed within 2 hours, while the transactions through the Dutch service iDeal are instant. WebMoney (all countries except for Europe and APAC) and BPay (APAC only) take 1 business day to appear.

Ingenico transfers, however, are much slower, taking 3 to 5 days to complete. The broker offers several payment methods, available exclusively to clients in China – UnionPay cards, the payment app WeChatPay, as well as Alipay. Of course, wire transfers are also available.

Account Types

The broker offers a handful of traditional client accounts and gives customers the option to register swap-free Islamic accounts where no interest is involved. Investors who wish to try out the platform and see all available instruments and technical tools can also open a demo account. Depending on their capital and experience, investors can opt for four different types of live accounts. Standard, VIP, premium, and professional accounts are all available at easyMarkets.

Demo Account

The demo account comes with $10, in virtual funds that can be used for risk-free trading. Of course, to trade for real money, easyMarkets clients need to complete their registration on the broker’s website and switch to a live account. The site allows users to effortlessly transition from demo to live accounts from the main menu located in the upper right corner. This is great news for those who wish to test new trading strategies with zero risk exposure.

The demo account is basically unlimited, allowing customers to practice as much as they want. It is available on both MetaTrader 4 and MetaTrader 5 as well as on the web-based proprietary platform of the brokerage. Demo accounts are equipped with all the useful features incorporated into the live version, including guaranteed stop-loss, dealCancelation, easyTrade, and Frozen Rate. You can trade all available markets and financial instruments like shares, forex, cryptocurrencies, indices, and commodities.

Standard Accounts

When customers sign up for the first time, the system will automatically open a standard account. Once they start making larger deposits and trading higher volumes, traders will be able to choose a higher-tier account. Those who hold a standard account can deposit as little as $25 and trade with fixed spreads of 3 pips for the EUR/USD pair, for instance. Customers are recommended to set up their standard accounts in the base currency of their country of origin to avoid incurring any unnecessary transaction fees.

Premium Accounts

Premium accounts are suitable for customers looking to trade with lower spreads but the exact pricing is instrument-specific. Spreads for the EUR/USD pair, for instance, are twice as low compared to those in the standard accounts and start at pips, while those for GBP/USD start at pips if you are trading via the proprietary web platform or TradingView. Spread values are even lower for those who use the MT4 and MT5 platforms.

The minimum amount you can deposit into your premium account is again $25 and you can gain more exposure by leveraging your positions up to a maximum of Keep in mind that leverage caps are instrument-specific and can be significantly lower for highly volatile markets like the cryptocurrency market, for example.

VIP Accounts

The minimum deposit requirement for VIP accounts is $10,, while the fixed spread for the EUR/USD pair is pips on the easyMarkets flagship platform and pips on MT4. The minimum transaction volume is lots regardless of which platform customers are trading from. The maximum leverage, of course, remains the same at under the European Securities and Markets Authority (ESMA)’s restrictions.

There are no commissions or account fees. Traders who set up VIP accounts will benefit from zero slippage, guaranteed stop-loss orders, and negative balance protection. They receive technical analysis from Trading Central via daily email newsletters.

Professional Accounts

Seasoned traders who join the ranks of easyMarkets can upgrade from retail to professional accounts but only on condition they meet the eligibility requirements of the brokerage. For starters, they must have a financial portfolio whose value exceeds half a million euros. The second condition is to have carried out at least ten high-volume transactions per quarter over the course of the past four quarters prior to application.

Finally, applicants should have been employed in the financial sector for at least twelve months, not just in any position but in one that requires sufficient financial expertise. Only customers who fulfill at least two of these requirements should send their applications. One of the benefits of opening a professional account is that it gives you access to considerably higher leverage. The exact leverage caps vary depending on the platform and the type of instruments you trade with.

Those who trade professionally via the proprietary easyMarkets platform can leverage their forex positions at a maximum rate of Professionals who use MT4 and MT5 will benefit from leverage caps of and , respectively.

Professional traders also have access to other perks like lower margin requirements, the services of personal account managers and analysts, real-time market updates via text messages, and live webinars. Here is the rub, though. Professional traders are not covered by the Investors Compensation Fund (ICF) and their assets are not fully protected as is the case with retail customers.

Islamic Accounts

Like all reputable online brokerages, easyMarkets strives to accommodate all customers and to this end, provides them with the opportunity to trade swap-free via special Islamic accounts that operate in line with the principles of the Sharia law. The latter prohibits traders of the Muslim faith from paying or earning interest from their overnight positions.

Customers with swap-free accounts are able to extend their trading positions without being charged any rollover interest fees. They can extend their day-trading positions for a maximum period of 14 days and their trades expire automatically afterward. Traders can apply for swap-free accounts by submitting a request form to [email protected]

Support

The customer support at easyMarkets is professional and reliable. The support representatives respond within seconds when contacted via the Live Chat. There are also multiple phone lines available for clients from different countries but investors can always call + 00 or + 25 They can also request a call-back after filling in their name, phone number, email address, and preferred contact time.

Another great thing about the broker is that its customer support can be contacted at any time during working hours – 24 hours a day from Monday through Friday. Clients can also follow easyMarkets on social media or use various social channels to contact representatives of the firm. The broker supports several chat channels, including Viber, WhatsApp, and, of course, Facebook Messenger.

In addition, investors can send their queries at [email protected] – emails are typically replied within several hours. The site of the broker, as well as the support, is available in several languages, including English, German, Polish, Spanish, Chinese, and Arabic.

Conclusion

EasyMarkets features a fast, user-friendly, intuitive proprietary platform, which is suitable for every trader, including newly registered clients who are new to the world of online trading. The broker is also fully licensed and regulated in multiple jurisdictions, which makes it a safe and trusted Forex partner.

Are you ready to trade?

nest...

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