Forex Trading: How to Trade Forex with a Best Forex Broker Review
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Key Features of easyMarkets
easyMarkets, as the name suggests, is all about how easy online Forex currency trading can become. It gives you an easy to use Forex platform. You can start with as low as $100 deposit to start Forex trading. With a leverage ratio of 200:1, you can buy or sell 2 mini lots of 10,000 units each. It is an excellent way to start with for a beginner or for a trader on low budget.
It offers you multitudes of features necessary for reliable and profitable Forex currency trading. Personal account managers, live Forex training, funds transfer with credit cards and other modes, hassle free registration and account opening, wide choice of currency pairs, limit and stop orders, visual trading, WYSIWYG (what you see is what you get), competitive Pips spread and satisfactory customer support.
You can choose from four different types of accounts Mini, Gold, Platinum and VIP depending upon your budget, trading style and risk capital. They offers schemes like refer a friend, portfolio manager (managed Forex account), and Forex training related assistance. With easyMarkets you are provided extensive technical analysis tools and other analytical tools for charting and trading strategies.
Take a look at the summary of features
Feature
|
Details
|
---|---|
Minimum Deposit
|
No Minimum Deposit |
Payment Forms Accepted
|
Credit Cards, Bank Transfer and more |
Typical Leverage
|
400:1 |
Pip Spread Values
|
3-7 pips (with a wide range of pairs available) |
Loss Protection
|
Guaranteed Stop Loss – You can preset your exit points in a trade to limit your losses. |
Customer Support
|
Telephone & Email |
Other Features
|
Rate freezing, Streaming quotes, Web-based platform. |
Overall we feel that with its proven manifesto of easyMarkets, exciting Forex, innovation, transparency and personal service, easyMarkets is well placed in the highly competitive segment of Forex markets.
Get up to 50% Bonus* based on your First Deposit
Top 10 Reasons Why Trade with easyMarkets
1. Wide Range of Markets and CFDs
They provide one of the most diverse product ranges for your trading. Traders enjoy Forex trading as spot FX day trading, FX forwards and vanilla options. Their CFDs include a wide range of metals, energy and agricultural commodities and global indices which are popular with traders following news events.
2. Easy Platforms
Since the start, they’ve made trading the markets as easy as possible with proprietary mobile, web and desktop platforms. Traders enjoy full markets access with a simple, powerful approach to CFDs and options trading.
3. Trust – since 2003
They didn’t appear overnight, and they’re not vanishing tomorrow. With over a decade of helping clients learn the markets and become traders, they earn your loyalty and respect building long-term relationships. Their group of companies through its subsidiaries is licensed by the Cyprus Securities & Exchange Commission (Easy Forex Trading Ltd- CySEC, License Number 079/07), which has been passported in the European Union through the MiFID Directive and in Australia by ASIC (Easy Markets Pty Ltd – AFS license No. 246566).
4. Funds Safety
All client monies remain separate to operating funds of easyMarkets in segregated accounts. It’s fully separated from the operating fund of easyMarkets and is yours alone. This is their commitment to you. They maintain sufficient liquid capital to cover all client deposits, potential fluctuations in the company’s currency positions and outstanding expenses.
5. Winning Mentality
They encourage their traders and provide direct contact with their dealing room for their VIP clients, support EAs traded on MT4 and allow scalping strategies and hedging. They’re here for the long-term and they want you with them.
6. Training
They care about your trading experience. Their traders are often new to trading, and need to learn the skills needed to be successful. They provide full and in-depth training courses and in addition to account service managers they operate a dedicated customer support team who resolve issues in minutes.
7. Price
As a market maker, they are able to provide a free and highly competitive low fixed spread across all of their tradable instruments. Traders like their prices for their zero margin calls, zero commissions and maximum transparency. They enjoy the simplicity of calculating the price of trading deals, plus accounts can be opened with low first deposits.
8. Promotions
Traders love to compete against each other and to win. Historically, they’ve paid out millions of dollars in prize money to trading competition winners and as bonuses for opening accounts, re-depositing and achieving certain volumes, lots etc. Their promotions help keep the serious business of trading fun for everyone.
9. Free Guaranteed Stop Loss and Take Profit
Trade with confidence knowing that your stop loss and take profit rates are guaranteed! Never worry about price gaps on market openings or during large unexpected news events. Your risk capital should not be a moving target which is why they guarantee the rates you set, and above all, it’s free! Regardless of how volatile the markets get your risk and profit strategies are under your full control. They’ve enabled this unique feature in both the easyMarkets platform and MT4.
10. Fixed Spreads, Negative Balance Protection
You should always know the cost of your trading and with their fixed spreads you get the best price transparency of any broker. Focus on your trading and don’t worry about slippage or volatile market conditions, the price you click is the price you get! Their margin policy eliminates any possibility of a negative account balance guaranteeing that your risk is limited to only the funds you’ve allocated.
EasyMarkets Clients Testimonials
Top most FAQs from Forex Beginners
Why Learn to Trade Forex?
Many people trade Forex as a full time job whilst others choose to supplement their earnings… it’s your choice, all you need is an internet connection. The great thing about the Forex market is tha
At easyMarkets you can withdraw your earnings instantly
How Do I Learn to Trade Forex?
Forex trading, otherwise known as FX, Foreign Exchange or Currency Trading, is the exchanging of one currency for another at an agreed price aiming to profit from the difference. Forex trading for beginners is
At easyMarkets you can have an unlimited demo account
How Do I Choose a Forex Broker?
Choose a broker which is fully regulated in your region so that you are protected. Look for features like “guaranteed stops” which means that you can’t lose more than your initial investment.
At easyMarkets you are safe with their 10+ years of expertise
What Else Can I Trade?
The markets are not just about trading currencies, you can also trade commodities like cocoa, metals like gold plus Contracts For Difference (CFDs), indices and vanilla options. Professional traders study the news and often switch between different financial products to maximize their profits.
At easyMarkets you can trade everything from one easy platform
Day Trading: Buy and sell any financial instrument as a day (spot) trade with transparent pricing and no hidden fees.
Forward Deals: Buy and sell at a future rate that you set and take advantage of interest rate differentials.
Pending Orders: Choose a future market rate and capture the deal with a pending order. Cancel at any time for free.
Options: With unlimited upside and limited risk, vanilla options allow you to take advantage of any type of market condition.
VIP Clients – Exclusive Trading with a Personal Service
Imagine trading with a personal market analyst by your side. And imagine getting flexible leverage and the tightest fixed spreads. Imagine a professional charting package that makes technical analysis both easy and instant. The easyMarkets dealing room makes this your reality, as their VIP client.
Their VIP service has been supporting and educating traders since 2003 under easy-Forex. Now as easyMarkets they continue to provide that exceptional level of service – they have employees and active traders with more experience in retail FX than many broker’s lifetime combined.
If you are already trading with them, join their dealing room as a VIP client by speaking to your client relationship manager to find out how to qualify to receive the VIP level of service.
New to easyMarkets and want to be a VIP client?
Forex Education
What is Forex? |
What’s in a Pair? |
What is a Pip? |
What is Leverage? |
What is Option Trading? |
EasyMarkets Tour |
* First Deposit Bonus terms & conditions
Risk Warning: Forward Rate Agreements, Options and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose. Please refer to EF Worldwide Ltd’s full risk disclaimer.