The Cyprus-based forex trading business easyMarkets was an early pioneer in the internet trading space with the release of its intuitive trading platform in 2001. To further serve its international clientele, easyMarkets maintains offices in Shanghai, Sydney, Limassol (Cyprus), and the Marshall Islands. The firm works hard to provide a reliable trading environment despite market volatility by offering a set spread and no slippage.
With a low minimum deposit of $25 and a lot of favorable feedback about their trading environment, this broker began its start to make trading accessible to more people. Forex instruments, worldwide indices, energy, commodities, and cryptocurrencies like Bitcoin, Ripple, and Ethereum are all part of easyMarkets’ extensive CFDs offering. The easyMarkets Trading Features are the focus of this EasyMarkets review.
Trading features of easyMarkets
The trading tools and risk management features available on easyMarkets are user-friendly and practical. Learning about them will give you an edge in trading.
As the name suggests, this feature gives users the option to back out of a transaction if it’s looking like they’ll come out worse. Due to inexperience or market instability, inexperienced traders frequently need to make better investments. For a small price, you can reverse a potentially losing deal.
- Inflection Point
Due to the extreme volatility of the foreign exchange market, it is impossible to predict when a currency’s value will increase or decrease. You can put a hold on an instrument’s rate by activating this function. With this locked-in rate, you may complete the transaction without worrying about market conditions.
- No Cost, No Risk Guaranteed Stop-Loss Orders
When the market conditions are adverse, no one wants to risk their money by making trades. Before placing a purchase, you can now determine the degree of risk you’re willing to take, thanks to our handy risk-management tool. Once the price hits that point, the broker will automatically close the deal. The fact that it is both costless and guaranteed is one of its main selling points.
- Viewer on the Inside
It helps gauge the mood of the market. To maximize your trading profits, you need to know which instrument is now the most popular.
- No slippage
It’s another essential safety measure to shield investors from losing money due to technical issues or market volatility. The deal will be completed at the desired price if there is no slippage.
How can I make a withdrawal from easyMarkets?
When a withdrawal request is placed, money can be withdrawn to a bank account, debit/credit card, wire transfer, or e-wallet.
The Top 3 Forex Trading Platforms for Beginners
CedarFX’s free sample and real accounts on the popular MetaTrader 4 trading platform are best forex trading platforms for beginners. Before going live for the first time, you may practice your strategy and get to know the venue in identical market circumstances. Downloading the MT4 App or utilizing Web Trader allows you to trade from any mobile device, tablet, or desktop computer.
CedarFX has no-commission accounts and environmentally friendly “Eco Accounts” for its clients. Each lot exchanged incurs a $1 fee, and 100% of it goes to Ecology, which donates to environmental organizations. The account’s spreads, leverage, and instruments are all the same. CedarFX’s customer service staff is available around the clock if you have any issues or inquiries. You may contact the team via chat, email, or phone call.
- Markets IG
Since the CFTC and NFA allow it, IG Markets may work with customers from the United States. As a result of the Financial Conduct Authority’s stringent oversight, it is likewise highly regulated in the United Kingdom (FCA).
Over 17,000 underlying assets are available for CFD trading on IG Markets. These include 80 forex currency pairs, stocks, commodities, indices, bonds, ETFs, and even short-term interest rates. To open an account with this broker, a minimum deposit of $250 is required, and a maximum leverage ratio of 50:1 is available to clients in the United States.
Client funds are held in a separate account from IG Markets’ operating capital, which is standard practice for reputable online forex brokers. Besides its platform, IG Markets is compatible with MT4 and ProRealTime. Users can set up fully automated trading strategies (API) through its API.