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Independent rating of Forex broker easyMarkets

1/10 (votes 100)

On-line since
2003
Country of origin
Cyprus
Regulation
ASIC, 246566, CySEC, 079/07
Payment options
Credit cards, PayPal
Minimum account size
$25
Minimum lot size
0.05 lot
Leverage
1:200
Spreads
4 pips on EUR/USD

easyMarkets Company took its rise in 2001.
easyMarkets Company is a division of the Research Center for Artificial Intelligence registered by the Moscow Chamber on January 12, 1993.
easyMarkets broker cooperates with ICVector Company organizing the international trading at Forex currency market.
easyMarkets system allows running trading operations in small amounts.
The feature of easyMarkets™ trading platform is that the trader has an opportunity to freeze the current rate of Buy or Sell for a few seconds and do not depend on further rate fluctuations.

Comments

Author: Jeanne Date: 2023-10-09 13:11:45 (UTC+3)
I've enjoyed dealing with easyMarkets broker. Which makes my trading life easy and profitable. I have invested $500 in a Mini account and my deals are in perfect position with their fixed spread. Also In the platform has many analytical tools, indicators, and auto-trading systems. all are guided to many profitable deals. . Now my account has $4k and trading well, So I am pleased with easyMarkets.
Author: Bonge Date: 2022-08-02 03:21:09 (UTC+3)
I recently closed my account with easyMarkets because their policy isn't transparent. I had hidden commissions, and the spread is not average 0.2 pips as they recommend on the page, but average of 4 pips. I traded currency pairs GPB/USD and EUR/USD. Made a first deposit of $500 and lost the first month $475. I called their support team because I had some closed positions during the night because of their server shut down, and a loss of $400, they never restored my positions or my money.
Author: Nuwie Date: 2022-03-28 01:49:31 (UTC+3)
I recently closed my trading account in this broker, it is just over 2 weeks since I call the support team, but there is no clarity and settlement from this broker against the difficulty of my withdraw process. Their platform has poor execution and sometimes is difficult to access, withdrawing is very difficult and due to the lack of support it takes longer. I was great I could generated many profit by the MT4 platform within 1 month the additional income average was $700. But, after that, I worked on stock market option as to double up the profit. Surprisingly, the result was very bad where I never get any return from that activities. I contacted to customer support and reported about the loss but they don't respond and denied it was not their fault.
Author: Viany Date: 2021-12-01 05:15:35 (UTC+3)
easyMarkets requires a small starting capital which is favorable to small traders. However, its trading platform is not very impressive. It often malfunctions and my trading activities are always failing due to interruptions.
Author: Miguel Date: 2021-08-05 04:29:00 (UTC+3)
I thought I will have a great experience at easyMarkets but their platform is difficult to operate. It is very complicated and they can't even execute orders quickly. I think I will be closing my account soon.
Author: Mondol Date: 2021-04-14 07:30:52 (UTC+3)
After three months of trading at easyMarkets, I had no choice but to close my account. I patiently waited for them to fix the issues in their platform but they did not. Everytime I open a position, there would be glitches or errors and my profit would be affected. This is not the kind of experience I hoped for so I decided to close my account.
Author: Mondol Date: 2021-04-14 07:30:51 (UTC+3)
After three months of trading at easyMarkets, I had no choice but to close my account. I patiently waited for them to fix the issues in their platform but they did not. Everytime I open a position, there would be glitches or errors and my profit would be affected. This is not the kind of experience I hoped for so I decided to close my account.
Author: Cassandra Date: 2021-04-01 01:45:05 (UTC+3)
I feel this broker is not suitable for beginners like me. But my friends who are already PRO also say this broker is not suitable for anyone. Due to unclear regulations. I left them then as I found that they used to manipulate trading conditions. Just imagine, in just 4 weeks, I have lost more than 50% of my initial deposit. When I hit the bid price on USD/CAD at market and the trade was executed 10 pips over the price displayed on the trading platform. The saddest part is they do not assist clients via phone. Impossible to close orders via phone.
Author: Emil Date: 2020-12-18 04:19:31 (UTC+3)
First of, the payment options of easyMarkets is limited. Second, the platform is not that impressive. It is functional but it does not always work properly. During high volatility, it is almost impossible to place an order because the platform always crashes or lags. Lastly, even their customer support is not very welcoming. Whenever I try to raise a concern, they become defensive instead of assuring me that they would look into it.
Author: Moses Date: 2020-12-07 01:51:58 (UTC+3)
Easy Markets has an obscure fees. Here I am only telling the experience of my wife. Her initial deposit was $1000 with pretty good spreads, and made a profit of $560. However, when my wife wanted to withdraw the profit to her personal account, this broker said that she could not withdraw today without explaining the details. The next day my wife filed for another withdrawal, but still couldn't. They said they had to add another deposit. We have felt something strange about this broker. Very convoluted. My wife also decided to quit this broker and look for a trusted forex broker.

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