Is it worth registering for simple Markets? Are there any Easy Markets fees and is there a simple Markets app? What exactly does the forex broker offer? is that the provider worthwhile for beginners or is it more of a software for advanced users?
Behind the initially unknown provider easyMarkets is the well-known Forex and CFD broker easyForex on closer inspection after re-branding. As before, customers at easyMarkets can gain experience with numerous forex pairs, plus CFDs, also on crypto currencies, also as vanilla options and forwards at the Cypriot broker. In the easyMarkets test, the broker can score with favorable spreads, a demo account and a well-established educational offer make it easier for beginners to get started. The easyMarkets ratings also are good for the trading platforms and customer service.
easyMarkets pros and cons
- Well-known forex and CFD broker with serious Cypriot regulation
- Versatile trading offer with around 250 values, including numerous forex pairs
- Tight spreads from 0.9 pips for the EUR / USD currency pair
- Training materials, tools and a free demo account
Website Usability: primary experience with easyMarkets
Traders trying to find the best forex broker Canada broker get their first easyMarkets experience on the provider’s website. Brokers who come up with user-friendliness and well-structured information at this first contact leave an honest impression. How is easyMarkets doing in the test? Bright, clear colors and a transparent structure make it easier for Canadian readers to seek out their way around. The menu is logical and results in the foremost important content with just a couple of clicks – including more about the broker, trading, the trading offer and therefore the conditions, but also account types and payment methods.
In-depth information about the trading platforms can be found right away, as are the unique tools that the broker’s customers can use. The menu also results in the themes of further training, market analyzes and get in touch with options. EasyMarkets already lists the awards received on the first page; the registration number and address are often found in the footer of the page.
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Trading accounts
Many forex and CFD brokers cater to different audiences with different account types. However, customers have the easyMarkets experience through a consistent trading account. The so-called “VIP account” is the standard with this broker. An initial deposit of 100 euros is required to set up the account, the low amount is another plus point with easyMarkets test.
Despite the uniform account model, there are different conditions, depending on the choice of software – because the broker offers MetaTrader 4 as an option in addition to the in-house platform. Slippage is excluded with the proprietary platform, but the spreads are a touch above when using the MT 4.
All other services are identical: account management is free, there are not any commissions, and customer support is that the same for users of both platforms. If you would like to urge an impact of this broker yourself, you’ll use the non-binding demo account to achieve experience with easyMarkets.
Trading platforms
The easyMarkets test shows that traders with this broker have the selection between two trading platforms. The MetaTrader 4 is one among the foremost popular software solutions worldwide and, because the forex broker comparison shows, is the platform of choice for various brokers. Users appreciate the very comprehensive functionality of the MetaQuotes software, which may be expanded and customised with numerous add-ons. Beginners can quickly find their way around because of the user-friendly interface. The various tools for chart analysis and therefore the integration of Expert Advisors for the automation of trading are important for skilled traders.
Anyone who decides to have their easyMarkets experience with the broker’s web trader will be satisfied with the functionality and speed of the software, as many easyMarkets experience reports prove. Apps for iOS and Android are available for mobile access to the trading account, for both platforms.
Payment Methods
The easyMarkets experience with the deposit and withdrawal methods are extremely cheap and convenient. The broker ensures that its customers have fast and free options to maximize the trading account. These include:
- VISA, MasterCard and Maestro
- Bank Transfer
- SOFORT and GiroPay
- eWallets like Skrill, Neteller and FasaPay
- ideal
- WebMoney
If you pay with a credit or debit card, you’ll count on an immediate value date. This also applies to payments via Skrill or Neteller. The remaining channels can take up to 3 business days to become available.
In the easyMarkets test it seems that neither deposits nor withdrawals are charged, which clearly speaks for the seriousness of the broker. There also are no minimum withdrawal amounts, with the exception of bank transfers, where the minimum amount is 50 US dollars or the equivalent in euros.
Customer service
An important point in the easyMarkets test report is the availability and quality of customer service. Because sooner or later even experienced users need support. Therefore, the easyMarkets experiences have an interest in the overall evaluation. It quickly becomes apparent that here too, the broker provides his customers with good services. Support can be contacted in several ways:
- by telephone on a Cypriot number
- free of charge via the live chat module on the web site
- via chats like Facebook, WhatsApp and Viber
- in writing by email
In the easyMarkets experience reports, the likelihood of quick and free contact is consistently rated nearly as good , as is that the competence and friendliness of the workers.The FAQ section on the web site will answer the primary common questions anyway; answers to the foremost important topics are given here.
Educational Tools
Beginners who value a broker who can support them within the first steps will experience at easyMarkets with extensive training materials. The foremost common values from different asset classes are explained, but also the psychology of trading. Knowledge transfer takes place via video tutorials, and eBooks also are offered. With its educational resources, the provider definitely convinces within the easyMarkets test.
Additional tools also are the economic calendar, a knowledge database and a glossary. On the in-house platform, users also can reverse their trades within hour for alittle fee, use an indoor viewer into the activities of other traders and “freeze” the costs for his or her trades. The free demo account allows you to form your own impressions and exercises without obligation before a true money account is opened. Few wishes remain unfulfilled with the provider.
Conclusion
Our experience with easyMarkets is described as very good. The Australian broker scores within the online broker comparison with the intense regulation of the Cypriot branch, a decent trading offer and tight spreads. We highly rate the free, non-binding demo account, the training materials and therefore the support. The trading platforms also guarantee intuitive usability, reliable and fast execution and various interesting additional tools. Interested traders can use the forex demo account Take a picture yourself and check the individual criteria in the easyMarkets test.
