Easy Forex Reviews: Factors To Take Into Consideration
Learning about the Forex market also involves learning about the many Forex brokers out there. After you’ve mastered the fundamentals of trading, it’s time to start researching the best platforms in the industry so you can join and immediately begin reaping the rewards. And, of course, the best way to execute so is to read in-depth evaluations. Now, we are going to narrow down on a certain broker and provide you with all the information you need to make an informed decision: the Easy forex reviews we are about to present to you. Do a quick check right now!
As an industry pioneer since its inception in 2003, easy-forex facilitates trading in a variety of currency pairs via its website. Headquarters are in Cyprus, although there are branches, foreign exchange trading rooms, and customer service centres in more than 160 countries. With Swiss bank UBS and Britain’s Royal Bank of Scotland as its liquidity suppliers, easy-forex acts as a market maker (RBS).
Varieties of Accounts
When opening an easy-forex account for the first time, traders may select the account type they like based on their comfort with risk. The minimum margin for a regular account is only $25.
The Premium and VIP levels of membership provide extra options. The spread provided to the customer can vary from 3 pips for a regular account to 2.5 pips for a Premium account and 1.8 pips for a VIP account.
Traders have the option to practise with a virtual account before reserving actual money. There are comparable benefits to a real account, including free personal trainers and a guaranteed stop-loss.
Islamic trading accounts are available on easy-forex as well (Sharia). Rolling fees are not assessed to traders who use Islamic trading accounts to carry over Day-Trading positions into the next trading day. Consequently, there is a cap on how long Day-Trading transactions may last (normally one week, but shorter or longer based on the exchange rate being exchanged).
Why You Should Use Easy Forex Trading?
Easy Forex is a real-time Forex trading platform that provides a full set of trading tools across several platforms, including Web, Desktop, Mobile, MT4, and MT5. trade with access to a dealing room and customer service at all hours. You despise trading losses, right? Check out our easyMarkets trading platform without taking any risks. You have up to 60 minutes* to cancel lost deals using deal cancellation, and that is related to easy forex reviews.
- More than two hundred different markets
- You can engage in Forex, Cryptocurrency, Commodity, Index, and Vanilla Options trading.
- Swap Gold and Oil as Well
- Various Market Instruments
- Orders can be placed immediately or in the future (the spot market or forwards).
- There Will Be No Fees Collected.
- Truly free with no risk loss prevention measures.
- A huge online group is active on sites like Facebook and LinkedIn.
- Fresh reporting streamed in to keep you current.
- Get started with banking by depositing the minimum amount.
Free and Easy Forex Bonus Structure and Types
Many potential clients evaluate Forex brokers based on their bonus policies. Whether or not this is correct is up for debate, but while visiting the Easy Forex website, it quickly becomes clear that this platform is quite rich in a variety of promos. Don’t wait around; instead, learn more about the many kinds of bonuses you may receive by joining the Easy Forex community.
The Initial Exchange of Vanilla Options – The maximum incentive you may receive is $200, and your earning potential is virtually limitless. This recommendation is obtainable to new players who make an account and deposit at least the minimum required amount. Test out your luck by making your first investment.
Deposit Bonus – New users of the Easy Forex platform may expect to get a standard deposit bonus. After signing up and making your first deposit, you can receive a bonus of up to $2,000! Your bonus is equal to 20% of your first deposit, so the more money you put in, the more you’ll get back.
You may both double your winnings and have your losses covered up to $200 when you trade on the Easy Forex platform and take advantage of their exclusive promotion. However, this promotion is only available to those who are new to trading and would like to hone their abilities before diving into the deep end. Don’t confuse this Easy Forex bonus with the more common demo account, where you may practise for free as well but where your gains and losses won’t affect your account balance.
Features of Easy Forex
Traders may access the account from any computer, tablet, or smartphone and choose from more than 175 different assets, including currencies, commodities, metals, and options. WTI Crude Oil, Brent Crude Oil, Natural Gas, Heating oil, and Gasoil are just some of the Energy Commodities available with easy-forex. Energy commodity pairings, such as HEO/USD, OIL/USD, and others, are also available.
In addition to the standard agricultural commodities offered by most brokers, such as cocoa, corn, and coffee, there is a vast additional selection available.
The easy-forex Trade Simulator is offered to traders at no cost and with no risk. Beginner traders may use the Trade Simulator to test out the many tools available on the easy-forex platform, such as the Inside Viewer, which displays the most actively traded currency pairs, and the Trade Controller, which allows for the visual configuration of risk management parameters.
Using a trading simulator is a fantastic technique to hone one’s trading abilities and put various tactics to the test.
Education
With easy-forex, Forex traders have the key to a wealth of educational resources. A free Forex guide manual covering both the fundamentals of trading and specific strategies for success in the Forex market is available for quick and easy download alongside a series of instructional videos aimed at both novice and experienced traders.
Webinars may be seen from any location with an internet connection, while in-person seminars provide participants with a chance to meet members of the easy-forex team and network with other investors. Easy-forex expos are held regularly in a variety of locales and give traders yet another opportunity to network. Education is an important part of easy forex reviews.
Bonuses/Promotions
At the time of this review, several deals were available. Traders who made their first deposits were eligible for bonuses of up to 20%, or $2,000.
A trader’s only requirement to qualify for the Win-Win incentive is to deposit any size. Profits are doubled by easy-forex, and losses are absorbed by the broker up to a maximum of $200, regardless of the outcome of the deal.
Because to easy-risk-free forex’s $300 trading offer, trading options have never been simpler.
If a trader joins the easy-affiliate forex’s programme or becomes an introducing broker, he or she can earn up to $600 (for online affiliates) and $100 per lot (for introducing brokers) (for introducing brokers). Affiliates share a 10% fee on sales made by their referrals.
The referrer can earn $50-$500 on deposits between $200 and $5,000 in the Refer-a-Friend campaign. Half of the award goes to the pal.
Deposits/Withdrawals
Easy withdrawal and deposit via bank cards or bank transfer in an easy forex account. They’re willing to take 12 different currencies. To request a withdrawal, simply complete the online form. The deposited amount is repaid using the same payment method. All transactions, including deposits and withdrawals, are free of charge.
Services for Customers
Traders can speak to a live person at either of easy-two Forex’s headquarters locations, in Limassol or Sydney, by dialling the company’s toll-free telephone numbers. Emails and letters addressed to easy-forex at their Marshall Islands address will be responded to in a timely fashion. Live help through chat is also offered.
Contracts for Difference (CFDs) on commodities and indices settle two business days before the expiration time of the underlying exchange, which is noon GMT. Each CFD’s expiration date, open positions, and MT4 Market Watch information are all shown straightforwardly on the trade ticket. Up to six months from the date of inception, options might be programmed to expire. Any options that are set to expire on a certain day will do so at 10:00 a.m. New York Time.
Simply Put
To summarise our Easy Forex reviews, Easy Forex is an excellent choice for trading foreign currencies and commodities. You won’t have any difficulty navigating our website. This broker is a safe bet for novice and experienced investors alike thanks to its stringent regulatory standards and plenty of learning resources. You can get more assistance regarding other brokerages, such as anchor.
When we talk about foreign exchange, Easy Forex is an authorised name with decades of experience. This platform has been around for almost a decade, which naturally speaks to its stellar reputation and unwavering dependability. There is no doubt that Easy Forex is a reliable broker due to the large number of its existing clients who are avid traders and have been using the service for many years.