EasyMarkets Review Qatar
EasyMarkets is a platform that allows users to trade CFDs in commodities, Forex, stocks, indices, and cryptocurrencies. This Easy Markets Review Qatar will highlight the various features of EasyMarkets offers, including the type of account available, a demo account facility, and how the trading platform works. We will also detail any current bonus offers and compare the core components of the service with its competitors (for example, minimum deposit and trading volume).
Regulating Company Details
The company is regulated by CySEC, ASIC, and BVI, which is a safe choice for CFD and Forex trading. In addition, the brand is known for its web-based services designed with the user experience in mind.
Overall, the firm has an excellent reputation, especially those new to trading. EasyMarkets is known for its beginner-friendly features, including low freeze rates and deal cancellations.
EasyMarkets provides users a choice of two platforms: its proprietary platform, Web-Based (HTML5), and MetaTrader 4 (MT4).
The brands’ platform is relatively light and has simplicity and cleanliness that effectively keeps users focused on trading. However, this may not be enough to satisfy the most demanding or experienced traders.
MetaTrader 4, on the other hand, is a go-to platform for online trading, and as such, it has an excellent reputation.
It allows users to quickly log in through EasyMarkets websites and start trading instantly, without downloading additional apps or software.
Easy Markets Review Qatar – Assets/Markets
There are plenty of assets and investments to choose from at EasyMarkets. However, keep in mind that the devices on offer will vary depending on the country of residence of the merchant – not all materials may be available to you.
At present, EasyMarkets provides ways to trade such as:
- Forward Orders.
- Vanilla Options.
- Easy Trade.
Spreads & Commission
The EasyMarkets commission percentage is reasonably low for forex traders and is generally close to the industry average in CFD trades.
Trading costs may vary depending on the type of account the user chooses, and spreads are consistent across both web platforms and MT4.
Spreads and prices are transparent and freely available to users for testing (some listed in our data panel in this Easy Markets Review Qatar).
Account type preferences can also affect spreads, although the accounts available to each trader will depend on their geographical location.
At EasyMarkets, leverage rates are considered depending on the nature of the trade. These vary according to all types of accounts and the geographical location of the trader.
For most major Forex pairs, leverage for EU traders is automatically set at 1:30. These include major trading pairs such as EUR/USD. The leverage level is imposed by regulations and is usually the same for most large, regulated brokers.
The Leverage is set at 1:20 for less commonly traded pairs (secondary Forex pairs). It is set at 1:20 for pairs including AUD / CAD, EUR / AUD, EUR / NOK, EUR / PLN, NZD / USD, and UDS / SGD.
Metal leverage for XAUGGBP, XAUEUR, and XAUUSD is 1:20. The leverage for XAGUSD and XAGEUR metals is set at 1:10.
Some indicators also offer leverage (1: 5 in USTech100).
Please keep in mind that leverage is never automatically agreed upon. Instead, easyMarkets will decide to leverage based on other factors, including a user’s previous trading record, personal experience, customer loyalty, and geographical location.
Easy Markets Review Qatar – Mobile Apps
EasyMarkets has its dedicated app for iOS and Android, downloaded from the EasyMarkets website or the Apple App Store, and Google Play Store respectively.
The first thing to notice about the EasyMarkets mobile app is that it offers the same fresh, clean design that reflects its web-based counterpart. It even features the same synced watch list as the website
Charting is powered by the Trading View section of the mobile app, which again has the same index (61 in total) that the web version of the EasyMarkets platform offers.
Like the web trading version, the app allows users to trade through MetaTrader 4. All MT4 functions are available. In addition, they are allowing traders to trade whenever traders need to.
However, the app doesn’t offer the enhanced functionality that MT5 offers. This could be a contention for users who want to access MT5 while on the go but instead have to work with MT4 as part of EasyMarkets’ offer.
The trading app provides users with the following features:
- Syncing with web-based account
- Trading (Forex, CFDs)
- Basic alerts
- Watch list
- 30 charts with indicators and studies
- Draw trend lines
- Moveable trend lines
- Multiple time frames
- Forex calendar
Easy Markets Review Qatar – Payment Methods
EasyMarkets accepts many online banking solutions for payments, making it suitable for users worldwide.
EWallets like Neteller, Webmoney, Skrill, iDEAL, and Fasapay are available for making bank payments and deposits like SOFORT, Bpay, and Giropay.
Users can also use bank transfers for deposits and withdrawals, although this can take up to three business days. Most deposit procedures are processed immediately, and there is no commission fee for financing your account.
Account-holders must verify before any payments are approved in keeping with regulatory practice.
Proof of traders addresses and proof of identity are required. In addition, if a credit card is used for money in the account, EasyMarkets may require further documentation.
Like deposits, EasyMarkets offers a variety of ways to withdraw money. However, the initial deposit must be withdrawn.
The minimum withdrawal amount is £ 50. Payments are processed quickly through the EasyMarket platform. In addition, all withdrawals are appropriately documented, allowing users to keep track of their history.
EasyMarkets does not currently charge a withdrawal fee, making it an attractive choice for traders worldwide. The trading brand is constantly adding new currencies, and traders are encouraged to check through the official website to make sure they can withdraw in the currency of their choice.
EasyMarkets offers users a demo account that allows them to improve their trading skills before investing their own money.
Since Forex has traditionally been seen as a risky way to trade, new users are encouraged to test their skills in EasyMarkets’ free demonstration mode.
Demo accounts are pre-loaded with £ 10,000 in virtual funds, which can be transacted similarly to real funds. There are no restrictions on demo accounts, and the idea is to give users an authentic experience of how the real thing works.
Deals & Promotions
EasyMarket prefers to offer bonuses and promotions to thank its users for patronage. However, traders within the EU should be aware that these bonuses are not offered to EU users. This is in line with the regulatory requirements of the company CySec.
New traders outside the EU receive a first deposit bonus of up to 50% on their initial deposit. The minimum deposit sits at £ 100. The minimum credit bonus is £ 30. Users who make the first deposit of between £ 200 and 1000 will receive a total 50% bonus. This offer will result in a maximum of £ 2000.
Elsewhere, EasyMarkets provide a “Refer a Friend” promotion. Traders can use their EasyMarkets account for free up to £ 750 when they refer friends to the broker via email or social media.
To qualify, the specified user must create an account via the referral link and fund the account with a minimum of £ 100. Unfortunately, its offer does not apply to residents of Pakistan.
One of the more unique promotional features of EasyMarket is the “Learning Center” section of the website.
It is specially designed to help traders acquire information, knowledge, and strategies to help them make the right trading choices, Including media articles, ebooks, and training videos.
The “Getting Started” section contains four videos that deal with trading basics such as leverage, pips, and currency pairs. Each video is loud, clear, and concise, with full-on animation and a professional presentation.
For the traders with a little more experience, the “Discover” section looks at famous assets and describes concepts, terminology, and trading history.
Easy Markets Review Qatar – Regulation & Licensing
EasyMarkets is regulated by CySec (the financial regulatory body for Cyprus), allowing them to receive traders from all EU, including the UK. In addition, the brand is regulated by ASIC (Australian Securities and Investment Commission) in Australia. This company also has a license with the British Virgin Islands (BVI).
To be controlled by each of these authorities, EasyMarkets has had to demonstrate an exceptionally high level of fairness, transparency, fair trade, and complete financial accountability.
Easy Markets Review Qatar – Additional Features
EasyMarkets comes complete with several unique features, making the trading process easier, especially for new or inexperienced traders.
For example, the EasyTrade tool helps users determine their risk limits, duration of trades, and potential payments. It allows users to maximize risk, leverage, and profit. Trades are activated using a simple up or down button, making it especially useful for busy day traders.
Another helpful tool is deal cancellation. This feature allows you to cancel lost trades up to 1, 3, and 6 hours.
When a trade is canceled, the user returns the risky amount to their trading account. However, traders should be aware that this feature is available for a charge and does not start as part of the standard EasyMarkets setup.
Freeze Rate is a tool that allows traders to freeze onscreen prices for a few seconds, enabling them to trade at a frozen price.
This is especially beneficial for day traders operating in volatile markets, as every second counts, and the price of a trade can change in a short period.
According to the data, there is plenty to offer to EasyMarket, including the latest news headlines (as all experienced traders know, news can significantly affect trading) and a financial calendar. These features are essential for real-time analysis and can help maximize profits.
The company offers VIP accounts to European clients. However, it has maximal leverage up to 1:30 due to regulatory restrictions.
The minimal deposit is 100 EUR, and traders can have a personal account manager to provide information about their market trends, economic events, investment strategies, and much more.
Moreover, traders can have trading insights like daily basic and technical analysis and trading central indicators. The spread of this type of account is very low.
For non-European clients, the company offers three types of accounts (details below, Standard, Premium, and VIP).
Spread changes depend on the account selected. The minimal deposit for a standard account is 100 USD, premium, 2000 USD, and VIP 10.000 USD.
The maximal leverage for all accounts is 1: 400. Personal account managers are assigned to all trading account owners. Daily mails on fundamental and technical analysis are also offered. EasyMarkets supports the use of 18 account currencies
Check Trading Accounts
- Demo account: Demo account is available for all traders. It is for new traders who are just starting their trading. Demo accounts offer pre-loaded with £10,000 in virtual funds.
- Standard account: The minimal opening balance for a standard account is £100. Standard accounts have a fixed USD/EUR spread of 3 pips.
- Premium account: traders who opt for a premium account will receive a benchmark USD/EUR spread of 2.5 pips. An opening balance of £1000 is required to start a premium trading account. Minimal transaction sizes are 0.5 on the web and EasyMarkets proprietary platform but 0.05 on the MetaTrader 4 (MT4) platform.
- VIP account: This account features a USD/EUR spread of 1.8 pips. To qualify for a VIP account, traders must make an initial deposit of at least £2,500.
A new Bitcoin account is also available, accepting traders to deposit, trade, and withdraw at BTC. With no crypto-to-fiat exchange required, this is an excellent option for active crypto investors. Just select ‘Micro bitcoin’ at the sign-up stage to get started.
Easy Markets Review Qatar – Benefits
- Free research tools
- Trustworthy platform
- Lots of different instruments to choose from
- Easy mobile trading
- Responsive customer support
- Up to 50% deposit bonus for new users (outside the EU)
- Innovative trading platform with unique features
- Low Fixed spreads
- No commission
- Bitcoin account
- Lacks Forex and VPS calculators
- No services to the USA client
- No cent account available
EasyMarkets trading site and app are open 24 hours, 7 days a week, 365 days a year.
However, it is very essential to remember that not all markets are open all day. This means that trading is limited when the markets you want to trade in are available.
For example, the New York Forex Market operates from 9 am to 5 pm GMT. In London, it is from 3 am to noon. In Tokyo, from 6 pm to 4 am.
Easy Markets Review Qatar – Contact Details/Customer Support
The following contact/customer support sites are available:
- Live web chat
- Facebook chat
- WhatsApp chat
- Email: support@EasyMarkets .com or complaints@EasyMarkets .com
- Request a call back: Through the EasyMarkets website, traders can enter their details and request that a representative gets in touch with them (through email or phone)
EasyMarket’s online chat attendants are incredibly responsive and usually answer questions within 20 seconds. In addition, online helpers are knowledgeable and willing to help. Emails are typically answered within 2-3 hours.
Safety & Security
The combination of regulation and in-house IT security protocols ensures that personal data and money are completely secure with EasyMarkets. In addition, the site uses encryption which means unscrupulous hackers cannot intercept data.
Client funds are split into separate accounts at top-tier banks, and clients are registered following the Investor Compensation Fund Protocol. This means that the traders who choose Easymarket are very well protected overall.
As an established broker with nearly twenty years of trading experience under the belt, EasyMarkets is a welcome but straightforward platform that offers several advantages over its competitors.
Significantly, it is regulated by various financial behavior authorities around the world. This provides users with peace of mind and security. It also proves that EasyMarkets is willing to work accountable and transparently.
In terms of usability, the site emphasizes ensuring that users can navigate transactions quickly and easily. In addition, the platform has a relatively good range of different accounts and instruments to choose from. So no matter what type of trader you are, there are some things you should find here to meet your needs – and possibly exceed. With so many benefits, it’s easy to see why the Easy market is so popular.
- of Forex pairs: 81
- GBPUSD Spread: Variable (dependent on account)
- GBPEUR Spread: Variable (dependent on account)
- EURUSD Spread: Variable (dependent on account)
- Leverage limits (Regulated and non-regulated if different): 1:30 (EU), 1:400 (Rest of world)
- Losing trader percentage: 74%
Accessible Markets accepts traders from Australia, Thailand, United Kingdom, Sweden, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Easy Markets from the United States, Israel, Iran, Iraq, Canada, Spain.
Easy Markets Review Qatar – Final Thoughts
With 256 symbols to trade with over-the-counter FX options and 28 pairs of forwards, EasyMarket offers a lightweight multi-asset brokerage solution. Tradeable Assets, On the one hand, EasyMarkets offers MT4 and its proprietary trading platform, which helps it stand out from other MT4-only brokers. Also, EasyMarkets finished the best in class for beginners in 2020, thanks to its user-friendly platform interface.
MetaTrader4 is an alternative to EasyMarkets as there is no price difference between the broker’s web platforms. That said, EasyMarket’s flagship web platform and VIP accounts compete with the best forex brokers in our annual review.
EasyMarkets Review Malaysia – Conclusion of the review
EasyMarkets offers over 200 tradable assets with its competitive platform. In addition, it provides a variety of options for trading FX, CFD, stocks, cryptocurrencies, commodities, and indices. The broker was founded on the idea of democratizing trading and the value of a transparent trading experience. As a result, the company has made its tools and platforms user-friendly and straightforward but powerful tools for any trader.
Since the firm was founded on the core concepts of transparency and integrity, regulations, policies, and claims have been made to ensure that Malaysian traders’ funds and transactions are protected and secured under EU regulators. It is regulated by CSEC (Cyprus Securities and Exchange Commission) with license number 079/07 and license number 246566 by ASIC (Australian Securities and Investment Commission). Therefore, we can say that this CFD broker has always been transparent, trustworthy. They regulated financial service providers.
The brand has garnered 37 international awards, with some calling it the “Most Transparent Broker.” This is because EasyMarkets stands on the core values of a simple, honest, and transparent CFD broker. As a result, we can confidently say that it is legitimate, trusted, and reliable broker.