Easy Forex Review Features and Promotions of EasyForex
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Licensed in Australia, EU and USA, easy-forex has multiple offices around the world, from London to Sydney . pros and cons of floating exchange rate A valid proof of identity and proof of registered address is required in order to trade and withdraw funds.
Current price of subscription is $0.99 USD every month and may vary from country to country. Then you would move the chart one candle at a time to see how the trade unfolds. Our gain and loss percentage calculator quickly tells you the percentage of your account balance that you have won or lost.
Advantages of Forex / Why Trade Forex?
The broker is well regulated and offers a host of educational features for both beginners and advanced traders. Traders can take advantage of the easy-forex Trade Simulator with no obligation or risk and at no cost. Easy-forex, founded in 2003, is a leading provider of online trading services. It is headquartered in Cyprus with offices, FX trading rooms and customer support centers in over 160 countries worldwide. Easy-forex assumes the position of a market maker, with its liquidity providers being UBS and The Royal Bank of Scotland . All financial products traded on margin carry a high degree of risk to your capital.
Easy-forex is licensed in Cyprus by CySEC , in Europe with MiFID and in Australia by ASIC. Be the first to hear about the regular incentives we offer to both our referring partners and potential new clients. Just letting you know we’re here if you have any questions or need some assistance, I hope you enjoy your stay. In addition, there is no provision for an investor compensation scheme. A unique tool which allows you to freeze the price you see, giving you a buffer of a few seconds to perform your trade.
With one easy-forex account, traders can trade currencies, precious metals, energies and indices using their web, desktop or mobile platforms. Personalised training programmes, dealing room specialists, rewarding Introducing Broker and affiliate programmes are just some of the reasons why thousands of traders choose us every year. Forex markets allow much higher leverage than equities markets, meaning a leveraged trader can get wiped by small fluctuations in currency prices. There are 28 major currency pairs involving eight major currencies. Criteria for choosing a pair can be convenient timing, volatility patterns, or economic developments. A forex trader who loves volatility can easily switch from one currency pair to another.
WHY YOUR REFERRALS TRADE WITH US
The default option shown does not represent a recommendation. Please make your choice depending on your knowledge, experience and personal preference. We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- With the Win-Win bonus, a trader need only make a deposit of any amount.
- If you want to see some examples of some slightly more complicated forex trading systems, take a look at Huck’s HLHB system or Pip Surfer’s Cowabunga system.
- Criteria for choosing a pair can be convenient timing, volatility patterns, or economic developments.
- There are no commissions in a real sense–most forex brokers make profits from the spreads between forex currencies.
At the time of this review there were at least four bonuses being offered which made opening an account with this broker both lucrative and fun. There is nothing like a good promotion to attract new clients and easy-forex has done just that. The fact that the broker is regulated by several organization adds to the appeal of this broker.
Nowadays, more and more private companies and joint ventures are ready to pay big money for promotio… The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
Explore easyMarkets Fixed Tight Spreads
DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
We have EMPLOYEES and ACTIVE CLIENTS with more experience in retail FX than many brokers’ lifetime combined. Almost two decades of helping clients learn and trade the markets. We are licensed in Australia and passport our Cyprus license to all of Europe. All client monies are separate to operating funds in segregated accounts. We maintain sufficient liquid capital to cover all client deposits. A wide range of trading products including currencies, indices, metals, commodities and vanilla options.
Knowing what the prices are can help you avoid unnecessary risks and better develop your strategy. By continuing you confirm you are over 18 years of age. You further declare that you read, understood and accept the content of easyMarkets Privacy Policy and you consent to receive market news and browsers notifications.
An additional chance to meet other traders is provided at easy-forex expos which take place periodically in many different locations. A listing of upcoming expos and other events are listed on the website. Over our time with EasyMarkets, we have seen 3-fold increases in revenue generated online which we attribute to attractive affiliate offers, engaged account management, and professionalism. EasyMarkets innovative and intuitive app allows you to trade on any iOS or Android device, giving you access to markets anywhere, anytime. By continuing, you declare that you have read, understood and accept the Terms and Conditions and you agree to open an account with EF Worldwide Ltd. Please contact Customer Support Department if you need any assistance.
Haters are real 😱
Most beginners quit during the initial phase, primarily because of losses suffered due to limited forex trading knowledge and improper trading. Due to the deregulated nature of the forex market dominated by brokers, one actually trades against professionals. Being broker-driven means that the forex market may not be fully transparent. A trader may not have any control over how his trade order gets fulfilled, may not get the best price, or may get limited views on trading quotes as provided only by his selected broker. A simple solution is to deal only with regulated brokers who fall within the purview of broker regulators.
No Central Exchange or Regulator
They are not suited to all investors and you can lose substantially more than your initial investment. Please ensure that you fully understand the risks involved, and seek independent advice if necessary . For more information, please click Terms and Conditions which gives you a fuller explanation of some of the risks involved. There is a steep learning curve and forex traders face high risks, research driven investing leverage, and volatility. Due to its high liquidity, 24/7 schedule, and easy accessibility, forex trading has emerged as a popular career, especially for people with a financial background. Being your own boss with the comforts of making money using your laptop/mobile is enough motivation for both young graduates and experienced professionals to consider forex trading as a career.
If things go wrong with a particular stock, shareholders can put pressure on management to initiate required changes, and they can alternatively approach regulators. When Iceland went bankrupt, for example, forex traders holding Icelandic krona could only watch. Compared with any other financial market, the forex market has the largest notional value of daily trading. This provides the highest level of liquidity, which means even large orders of currency trades are easily filled efficiently without any large price deviations. This eliminates the possibility of price manipulation and price anomalies, thereby enabling tighter spreads that lead to more efficient pricing. The forex markets run all day, enabling trades at one’s convenience, which is very advantageous to short-term traders who tend to take positions over short durations .
Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Your personal data that we require from you throughout our cooperation is safely stored in our electronic systems, it is treated CONFIDENTIAL, and it is protected by the Data Protection Act. It is Easy Forex policy not to disclose client information to non-affiliated third parties except with the consent of the client or when required for legal or regulatory purposes. The foreign exchange market has emerged as a lucrative opportunity for people with a financial background. With low entry requirements and markets open 24/7, anyone with a laptop or smartphone can potentially score large profits in the forex markets.
There are also several energy commodity pairs such as HEO / USD, OIL / USD and others. When first setting up an account with easy-forex, traders can define the type of account they wish to use according to the level of risk they are willing to take. A Standard account comes with a margin of as little as $25. From the very beginning we have strived to offer our clients the most innovative products, tools and services. Real time market prices can help you better understand the best time to exit or enter a trade.
Please take a moment to give us some information below. Due to the Australian Regulations effective from 29th of March 2021, easy Markets have to stop providing access to Easy-Forex trading platform for clients who are subject to Australia Regulations. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This low level of regulation also helps keep costs low. Orders are directly placed with the broker who executes them on their own. Another advantage of deregulated markets is the ability to take short positions, something that is banned for a few security classes in other markets.
Since 2003, easy-forex has been revolutionising currency trading in over 160 countries. Please contact your personal account dukascopy review service manager to help with payments by any other method. Select one of more options to your intended way of trading.