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/.
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.
You will 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 $40.
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. You can create a free demo account to test their trading platforms features, register here.
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.
- EF Worldwide Ltd is an offshore company located at: Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands
A CySEC licensed broker can offer Forex 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.
Try a Free Demo Account at ForTrade.com.