Best Forex Broker

easyMarkets Review

easyMarkets is an international Forex & Crypto CFD broker, that has been in business since 2001.

They are licensed and regulated by CySEC in Europe and ASIC in Australia. Official address is: P.O. Box 53742, Limassol 3317 Cyprus. Contact phone numbers are: Australia; +1300 303 908 and Cyprus; +357 25 828 899. Customer service email address is: [email protected].

Official Website: https://www.easymarkets.com/.

easyMarkets Review

Our review of easyMarkets brokers shows that their clients are offered a customized & easy to use, web based trading app. Investors will also find the industry standard MT4 (MetaTrader 4) trading platform. Mobile trading apps for Android & iOS are available.

Investors have access to a wide variety of underlying assets to trade including; Crypto Currency pairs, Forex pairs, Commodities (oil, gold silver), Stocks, Indices and Vanilla Options. Fixed spread on Bitcoin CFD trading is now at $100 on MT4.

Two account types are available, the standard account and a VIP account. Minimum deposit for a standard trading account is $100, and for a VIP account the minimum is $2,500. The main difference in the VIP account is; spreads, signals, and withdrawal processing times.

EasyMarkets offers a Bitcoin denominated trading account.  The new μBTC account type, lets investors deposit and withdraw with Bitcoin. They are one of the few online brokers that offer a microbitcoin  trading account. Create a free demo account to test their trading platforms features, register here.

EasyMarkets Trading App
EasyMarkets Trading App

Is easyMarkets a Legit Broker?

Yes, In Australia and the European Union they are a regulated broker. The best way for you to know that a Forex broker is not a scam, is by checking their regulatory status. When you see that they hold a valid license from a financial regulator, you can be sure that they are a legitimate broker.

  • European Union: Licensed as Easy Forex Trading Ltd in Cyprus, with CySEC license number 079/07.
  • Australia: Licensed as Easy Markets PTY Ltd, by ASIC with AFSL license number 246566.
  • Seychelles: EF Worldwide Ltd is registered with the Financial Services Authority of Seychelles, license SD056.
  • International: EF Worldwide Ltd is an offshore company regulated by the FSC license License Number SIBA/L/20/1135. Address: Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands

Brokers that are licensed by CySEC in Cyprus, can offer brokerage accounts to all European Union member countries, that are members of MiFID. Additionally, they are a member of the Investors Compensation Fund which means your account has protection of up to 20,000 Euro, in the event that the broker becomes insolvent.

Compare Forex Brokers

There are many Forex brokers to compare and choose from online. The main reason that traders choose to go with a licensed Forex broker, instead of a scam Forex broker is because they are interested in trading, and not worrying about a broker becoming insolvent.

ForTrade is an international Forex broker, that is licensed & regulated by ASIC, IIROC & the FCA, see here. Their trading platform is very versatile and easy for new investors.

Try a Free Demo Account at ForTrade.com.

If you are currently trading with EasyMarkets, please share your thoughts in the comments below.