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3.68 /5

  • easyMarkets Fees and Costs

    3.2

  • easyMarkets Account Types

    4.4

  • How to Open an Account with easyMarkets

    4.4

  • Markets and Assets Available

    2.8

  • Trading Platforms and Tools

    4.65

  • easyMarkets Deposits and Withdrawals

    4.6

  • easyMarkets Customer Support Review

    4.2

  • Is easyMarkets Safe and Legit?

    2.75

How We Test Forex Brokers

easyMarkets Review Summary

easyMarkets is a market maker founded in 2001 with a strong focus on fixed-spread trading, simple risk controls, and platform choice. Traders can use the easyMarkets web platform and mobile app, TradingView, MetaTrader 4, or MetaTrader 5. During our platform check, the proprietary setup stood out for fixed spreads, pending orders, easyTrade, forwards, vanilla options, and an optional Guaranteed Stop Loss that removes slippage at the selected stop price.

The broker is best suited to beginners and risk-conscious traders who value predictable pricing, but it also supports Expert Advisors, API access for qualifying clients, and higher offshore leverage for experienced users. The main limitation is that trading conditions and investor protection vary significantly between regulated entities.

Quick Verdict: Is easyMarkets Worth It?

easyMarkets is a strong fit for traders who want simple pricing and built-in risk controls rather than raw-spread ECN execution. Fixed spreads on the proprietary platform and TradingView make transaction costs easier to estimate before opening a trade, while MT4 and MT5 provide floating spreads and automated trading.

The broker is less attractive for traders who want direct stock ownership, institutional raw pricing, or identical leverage across countries. During our account review, the most important step was checking which easyMarkets entity would hold the account because regulatory protection and leverage limits change by jurisdiction.

Who easyMarkets Is Best For

  • Beginners who prefer fixed spreads and simple risk controls.
  • Risk-conscious traders who value Guaranteed Stop Loss and negative balance protection.
  • MT4 and MT5 users who want Expert Advisor support without separate trading commissions.
  • Traders who use TradingView for chart-based analysis and execution.

Who Should Avoid easyMarkets

  • Traders seeking raw ECN pricing with ultra-low spreads plus commission.
  • Long-term investors who want direct ownership of stocks, ETFs, or bonds.
  • Clients who require the same leverage and investor protection in every jurisdiction.
Pros
  • Fixed spreads are available on the proprietary platform and TradingView
  • Guaranteed Stop Loss with no slippage is available as an optional add-on on the easyMarkets web platform and app.
  • No broker deposit or withdrawal fees and no separate trading commission on standard accounts.
Cons
  • Investor compensation depends on the legal entity serving the account.
  • A $25 monthly inactivity fee applies after 12 consecutive months without trading activity.

What Is easyMarkets?

Company Background

easyMarkets began in 2001 under the easy-forex name and operates as a private market-making broker. Its Cyprus headquarters are at Kolonakiou 25, Zavos Kolonakiou Center, Block B, Office 101, Linopetra, 4103 Limassol.

The group operates through several regulated companies. Easy Forex Trading Ltd holds CySEC license 079/07, easyMarkets Pty Ltd holds ASIC AFSL 246566, EF Worldwide Ltd holds Seychelles FSA license SD056 and BVI FSC license SIBA/L/20/1135, and EF Worldwide (PTY) Ltd holds South Africa FSCA license 54018.

Available Countries

easyMarkets serves clients across Europe, Australia, Africa, Asia, and other international markets, but access depends on the operating entity. The international BVI entity restricts residents of the United States, Israel, Afghanistan, Belarus, Cuba, Iran, Libya, Myanmar, Nicaragua, North Korea, Panama, Russia, Seychelles, Venezuela, and selected Canadian provinces including British Columbia, Manitoba, Quebec, and Ontario.

The international site also states that it is not aimed at residents of Japan and India, while the EU entity does not currently accept residents of Spain. The registration form is the final country-availability check.

easyMarkets Fees and Costs

3.2/5

Trading Fees

easyMarkets uses two pricing styles. The web platform, mobile app, and TradingView use fixed spreads, while MT4 and MT5 use floating spreads. Standard trading is commission-free, so the spread is the main direct transaction cost.

This setup is easier to compare than a raw-spread account because there is no separate per-lot forex commission to add. The trade-off is that active scalpers can find lower all-in pricing at brokers built around raw institutional spreads.

Spreads and Commissions

The weighted average spreads are 1.1 pips for EUR/USD, 1.3 pips for GBP/USD. Gold averaged 27 cents and the S&P 500 CFD averaged 1.0 point.

The practical difference is platform choice. Fixed spreads stay unchanged during normal trading hours on the easyMarkets platform and TradingView, while MetaTrader spreads can tighten or widen with liquidity and volatility.

Deposit and Withdrawal Fees

easyMarkets does not charge a broker fee for deposits or withdrawals. Banks, card issuers, and payment providers can still apply their own charges.

Deposits must come from an account in the client's own name. Withdrawals are normally returned to the original payment method before any remaining profit is sent through an alternative verified method.

Inactivity and Account Fees

A $25 monthly inactivity fee applies after 12 consecutive months without trading activity. The charge is deducted from the remaining balance and does not push the account below zero.

Bonus and Promotions

Eligible non-EU and non-UK clients can receive a first-deposit trading bonus. The promotion pays 20% to 50% depending on the deposit size and can provide up to $2,000 in trading credit. A minimum $300 first deposit is required to qualify.

The credit is promotional trading balance rather than normal cash. easyMarkets also runs regional trading contests, rebate programs, and partner campaigns, with separate eligibility and withdrawal rules.

Currency Conversion Fees

easyMarkets does not list a separate fixed currency-conversion fee. Accounts can be held in USD, EUR, GBP, AUD, JPY, CAD, CHF, SGD, CZK, NZD, MXN, PLN, TRY, CNY, HKD, NOK, SEK, and ZAR.

The broad base-currency range reduces the need for conversion, although a conversion still occurs when the payment currency or instrument currency differs from the account currency.

Overnight and Swap Fees

Standard overnight swap charges apply when leveraged positions remain open past rollover. The exact amount depends on the instrument, trade direction, and holding period.

Swap-free Islamic accounts are available on request for eligible Muslim clients using qualifying fixed-spread account setups. The account terms should be checked before holding positions for extended periods.

easyMarkets Account Types

4.4/5

Standard Account

The Standard tier is the entry-level setup and can be used across easyMarkets platforms. The minimum live deposit is $25, and the account supports positions from 0.01 lot.

Standard is the most practical choice for new traders because it provides access to the broker's main platform features without requiring the larger balances used for higher service tiers.

Premium Account

The Premium tier requires a $2,000 minimum deposit. It is positioned between Standard and VIP and is designed for traders who maintain a larger balance and want improved account conditions.

During our account comparison, the main reason to move above Standard was better pricing and service rather than access to completely different markets.

VIP Account

VIP access requires a $10,000 minimum deposit. VIP pricing is tighter on supported MetaTrader setups, and higher-volume clients can also qualify for services such as API access and free VPS hosting.

The higher deposit only makes sense when the trader can use the pricing and service benefits. It is not necessary for normal access to the core easyMarkets platform.

Demo and Islamic Accounts

easyMarkets offers an unlimited demo account for practicing the proprietary platform and testing market conditions without funding a live account. Islamic swap-free access is available to eligible clients on request.

How to Open an Account with easyMarkets

4.4/5

Signup Process

Registration starts online with an email address, password, personal information, and country of residence. The broker then directs the client to the legal entity available for that jurisdiction.

During our account review, checking the entity before accepting the client agreement was the most important step because regulation, leverage, promotions, and investor compensation can change with the country selected.

Verification Requirements

KYC requires proof of identity such as a passport or national ID card and proof of address such as a utility bill or bank statement. Proof of address must be no more than six months old and show the client's full name and residential address.

Additional payment documents can be requested depending on account activity. The payment account should use the same legal name as the easyMarkets profile.

Minimum Deposit

The lowest live deposit is $25. Premium and VIP upgrades require larger balances, so new traders do not need to fund a high-tier account to access the broker's core platforms.

How Long Account Approval Takes

easyMarkets does not publish one guaranteed KYC approval time for every jurisdiction. Approval depends on document quality and whether the compliance team requests additional information.

Markets and Assets Available

2.8/5

Forex

Forex covers major, minor, and selected exotic currency pairs. easyMarkets supports 0.01 lot trading, hedging, scalping, and news trading, although margin requirements depend on the platform and legal entity.

Shares

easyMarkets provides share CFDs on major global companies. These contracts track the underlying share price but do not give the client direct ownership, custody, or shareholder voting rights.

Indices

Index CFDs cover major equity benchmarks including US, European, Asian, and Australian markets. Contract size and leverage differ from forex, so index traders should check the instrument specification before sizing a position.

Commodities and Metals

The broker offers precious metals, energy products, and agricultural commodities. Gold, silver, oil, natural gas, wheat, corn, coffee, sugar, and other contracts are available across supported platforms.

Cryptocurrencies

Cryptocurrency trading is offered through CFDs rather than direct coin ownership. Clients can take long or short positions without using a crypto wallet, but they do not receive private keys or blockchain custody.

Options and Forwards

easyMarkets stands out from many retail CFD brokers by offering vanilla FX options and forward deals through its proprietary ecosystem. Vanilla options let the trader define a premium and expiry, while forwards can be used to lock in a future exchange rate.

These products add useful hedging choices for traders who want defined-risk or longer-dated currency exposure rather than a standard spot CFD.

Leverage and Trading Limits

Maximum leverage depends heavily on jurisdiction and platform. Offshore clients using MT5 can receive up to 1:2000 on eligible instruments, while retail clients under CySEC and ASIC rules are capped at 1:30 on major forex.

Instrument limits are lower in many markets. For example, EU cryptocurrency CFDs are capped at 1:2. During our platform check, MT4 showed a 70% margin-call level and a 50% stop-out level, so traders using high leverage need to leave enough free margin for normal market movement.

Trading Platforms and Tools

4.65/5

easyMarkets Platform and App

The proprietary web platform and mobile app use fixed spreads and support market trades, pending Limit and Stop orders, Stop Loss, Take Profit, day trades, forward deals, and easyTrade tickets. The app is available on iOS and Android.

Its most distinctive feature is the optional Guaranteed Stop Loss with no slippage. The tool closes the position at the selected stop price even when the market gaps, but easyMarkets applies a wider spread when the add-on is activated.

TradingView

easyMarkets connects directly to TradingView, combining fixed-spread execution with TradingView charts, indicators, drawing tools, and its social trading community. Traders can place trades from charts and use pending orders without leaving the TradingView interface.

The integration is a strong choice for technical traders who want easyMarkets pricing but prefer TradingView analysis. Guaranteed Stop Loss remains a proprietary web and app feature rather than a TradingView feature.

MetaTrader 4

MT4 supports market orders, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Stop Loss, Take Profit, one-click trading, custom indicators, and MQL4 Expert Advisors.

In our platform check, MT4 was the better fit for traders who already use established MQL4 systems. The main difference from the proprietary platform is floating pricing and the lack of easyMarkets Guaranteed Stop Loss.

MetaTrader 5

MT5 adds Buy Stop Limit and Sell Stop Limit orders to the standard market, limit, and stop order set. It also provides more timeframes, more analytical tools, faster strategy testing, and broader multi-asset functionality than MT4.

MT5 is also where eligible offshore clients can access easyMarkets' highest leverage. That makes it more flexible for experienced traders, but also increases margin risk when position size is not controlled.

API and VPS Trading

easyMarkets provides REST API access for qualifying high-volume, corporate, and VIP clients. Free VPS hosting is also available to VIP and high-volume traders who meet the broker's monthly activity requirements.

These services are useful for automated systems, but they are not standard benefits for every $25 account. Traders who need continuous algorithmic execution should confirm eligibility before moving an existing strategy.

Research and Charting Tools

Research includes Market News, What If analysis, MindsetMastery, Victory Vanguard, live currency rates, trading charts, a financial calendar, trading hours, and earnings-season coverage.

The broker also offers easyMarkets AI for market analysis, while TradingView and MetaTrader provide the stronger technical-charting environments.

Educational Resources

The Learn Center includes free eBooks, a knowledge base, trading glossaries, economic-indicator guides, videos, and structured learning material. The content covers both basic concepts and practical platform use.

For a new trader, the combination of an unlimited demo, fixed pricing, and beginner education is more useful than immediately increasing leverage or moving to a VIP tier.

easyMarkets Deposits and Withdrawals

4.6/5

Payment Methods

Funding options include Visa, Mastercard, Maestro, bank wire, online banking, Skrill, Neteller, and regional payment methods where available. The exact list changes by country.

easyMarkets does not accept third-party funding. Deposits and withdrawals must use verified payment details belonging to the account holder.

Deposit Times

Card and major e-wallet deposits are normally instant. Online banking can take up to one hour, while bank wire deposits generally take one working day.

Withdrawal Times

E-wallet withdrawals normally take one to two business days, bank transfers about one to three business days, and card withdrawals three to ten business days after processing.

The broker processes withdrawal requests through its back office, but the receiving bank or payment provider controls the final arrival time.

Withdrawal Limits

There is no minimum withdrawal for cards or e-wallets. Bank-account withdrawals have a $50 minimum.

Funds are normally returned to the original deposit method up to the amount deposited. Profit above the original deposit can be paid through another verified method when required.

Deposit Methods:

Affirm
Affirm
Binance USD
Binance USD
BNB Chain
BNB Chain
Fasapay
Fasapay
Neteller
Neteller
Skrill
Skrill
Tether
Tether
Visa
Visa
Wire Transfer
Wire Transfer

Withdrawal Methods:

Affirm
Affirm
Binance USD
Binance USD
BNB Chain
BNB Chain
Fasapay
Fasapay
Neteller
Neteller
Skrill
Skrill
Tether
Tether
Visa
Visa
Wire Transfer
Wire Transfer

easyMarkets Customer Support Review

4.2/5

Support Channels

Support is available through live chat, email, phone, WhatsApp, Facebook Messenger, QQ, and WeChat. The main EU support email is [email protected], and the Cyprus phone number is +357 25 828 899.

Response Times

During our support test, live chat replied in about two minutes and phone support took one to three minutes. WhatsApp and Viber responses took roughly 15 to 30 minutes, while email took around 12 to 24 hours.

Support Quality

The strongest part of the service was fast access to a human agent through chat and phone. More detailed account or verification questions were better handled in writing because they required account-specific information.

Languages Available

Support is available in English, Arabic, Spanish, Chinese, German, Polish, Japanese, French, Italian, and Greek. Phone support operates 24/5, while messaging-channel hours can be more limited.

easyMarkets User Reviews and Complaints

Positive User Reviews

Positive Trustpilot reviews frequently mention fast customer support, straightforward communication, and help with account or withdrawal problems.

Fast respon from easyMarkets agent to resolve the problem...good work malek

Negative User Reviews

Negative feedback is less common but includes verification delays, platform-access problems, TradingView limitations, and occasional withdrawal or account-processing complaints.

Tragic account opening and verification process

Common easyMarkets Complaints

  • Identity verification taking longer when facial recognition or documents fail.
  • Confusion when switching between the easyMarkets platform and MetaTrader account setups.
  • Restrictions or limitations in some TradingView indicator workflows.
  • Withdrawal delays when the back office requests additional payment or identity checks.

Trustpilot and App Store Ratings

PlatformRatingReview CountOur Takeaway
Trustpilot4.2 out of 5About 1,900 reviewsFeedback is mostly positive, especially for support, although verification and platform issues appear in lower-rated reviews.
Apple App Store4.4 out of 519 ratingsThe score is positive, but the sample is small and App Store ratings can vary by country.
Google Play3.5 out of 52.57K reviewsThe Android sample is much larger and shows a more mixed mobile experience than the iOS rating.

Verification Issues

Verification complaints usually involve identity documents, proof of address, facial-recognition checks, or mismatched account information. Completing KYC before a large deposit reduces the chance of a withdrawal being delayed by missing documents.

Platform Problems

Reported problems include login difficulty, confusion between platform account types, and occasional website or TradingView limitations. Traders should also understand that normal MT4 and MT5 Stop Loss orders can experience slippage because the guaranteed stop feature is limited to the easyMarkets web platform and app.

Best easyMarkets Alternative

Best Alternative for Beginners

XM is the stronger beginner alternative for traders who want more live education, a large instructor network, and a wider set of beginner-focused programs.

easyMarkets is stronger for traders who specifically want fixed spreads and proprietary risk tools. XM is the better fit when ongoing education matters more than Guaranteed Stop Loss or vanilla options.

Best Alternative for Low Fees

FXGlory is a stronger alternative for traders who want more control over how trading costs are structured. It provides fixed and floating spread choices, swap and swap-free setups, and commission-free account options.

easyMarkets also avoids separate standard commissions, but its main advantage is predictable fixed pricing on selected platforms. FXGlory offers more account-level flexibility for traders comparing spread and swap structures.

Best Alternative for Advanced Traders

Pepperstone is the stronger advanced alternative for traders who want MT4, MT5, cTrader, TradingView, and a broader range of professional trading tools.

easyMarkets provides API access and automated MetaTrader trading for qualifying clients, but Pepperstone is better suited to traders who prioritize platform depth and raw-style execution over fixed-spread risk controls.

Best Alternative for Forex or CFD Trading

IC Markets is the stronger forex and CFD alternative for active traders who want raw pricing. Its Raw Spread account publishes a 0.1-pip average EUR/USD spread with a $3.50 per-side commission.

easyMarkets is easier to budget because standard trading has no separate commission and fixed spreads are available. IC Markets is the stronger choice for scalpers and high-volume forex traders focused on the lowest raw execution cost.

How easyMarkets Compares for Different Traders

easyMarkets for Beginners

easyMarkets is well suited to beginners because the proprietary platform uses fixed spreads, the demo account is unlimited, and the Learn Center covers core trading concepts. The platform also makes risk visible before entry through Stop Loss, Take Profit, easyTrade, and optional Guaranteed Stop Loss.

New traders should still avoid using the highest offshore leverage. Predictable pricing does not remove the risk of an oversized leveraged position.

easyMarkets for Day Trading

Day traders can use fixed spreads on easyMarkets and TradingView or floating spreads on MetaTrader. Scalping and news trading are allowed, and MT4 and MT5 support automated strategies.

The main choice is cost structure. Frequent traders who value predictable entry costs may prefer fixed pricing, while very high-volume scalpers can find lower raw pricing at specialized ECN-style brokers.

easyMarkets for Forex Trading

Forex is one of easyMarkets' strongest markets because clients can trade spot-style CFDs, forwards, and vanilla options from the same broker. The combination gives currency traders more ways to hedge or express a directional view than a standard CFD-only account.

easyMarkets for Long-Term Investors

easyMarkets is not designed for traditional long-term investing because share exposure is provided through CFDs. Holding leveraged CFDs for long periods can create financing costs, and clients do not receive direct share custody or voting rights.

easyMarkets for Crypto Trading

Crypto CFDs allow long and short trading without opening an exchange wallet. This is convenient for traders who want price exposure inside the same account as forex and indices, but it is not a substitute for direct cryptocurrency ownership.

Is easyMarkets Safe and Legit?

2.75/5

Licensing and Regulation

easyMarkets operates through multiple regulated entities. The main licenses include CySEC 079/07, ASIC AFSL 246566, Seychelles FSA SD056, BVI FSC SIBA/L/20/1135, and South Africa FSCA 54018.

The group has strong regulatory breadth, but the protection attached to a specific account depends on the entity in the client agreement. A CySEC account should not be treated as equivalent to an offshore Seychelles or BVI account simply because the same brand operates both.

Security Features

easyMarkets uses KYC checks, verified payment methods, SSL-secured web connections, and account controls designed to reduce unauthorized access and payment fraud.

The broker also uses platform-level risk controls such as negative balance protection. These controls improve account safety but do not replace the legal protections provided by a regulator.

Investor Protection

Eligible retail clients under the Cyprus entity are covered by the Investor Compensation Fund for up to €20,000 under the applicable rules. Offshore Seychelles and BVI accounts do not have an equivalent statutory investor compensation scheme.

Negative Balance Protection

Negative balance protection is provided on easyMarkets accounts. This is designed to prevent an eligible retail account from owing more than its trading balance after extreme market movement.

Segregated Client Funds

easyMarkets states that client funds are kept in segregated accounts separate from company operating money. Segregation reduces the risk of client cash being used for normal business expenses, although it is not the same as deposit insurance.

Final Verdict

easyMarkets is strongest for beginners and risk-conscious traders who want fixed pricing, multiple ways to trade, and straightforward platform risk controls. The proprietary web platform and app offer features that most MetaTrader-only brokers do not, particularly easyTrade, forwards, vanilla options, and optional Guaranteed Stop Loss.

More experienced traders can use MT4, MT5, TradingView, Expert Advisors, API access, and conditional VPS hosting, but high-volume scalpers may prefer a broker built around raw spreads and explicit per-lot commissions.

The main point to check before opening an account is the legal entity. easyMarkets has respected licenses in Cyprus and Australia as well as offshore entities with higher leverage but weaker compensation protection. That difference matters more than the brand name alone.

easyMarkets Review FAQs

Is easyMarkets regulated?

easyMarkets is regulated through several group entities, including CySEC, ASIC, Seychelles FSA, BVI FSC, and South Africa FSCA. The client agreement identifies which regulation applies to the account.

What is the minimum deposit at easyMarkets?

The minimum live deposit is $25. Premium and VIP service tiers require higher balances.

Does easyMarkets charge trading commissions?

Standard forex and CFD trading is commission-free. The spread is the main transaction cost, with fixed pricing on the proprietary platform and TradingView and floating pricing on MT4 and MT5.

Does easyMarkets offer Guaranteed Stop Loss?

Guaranteed Stop Loss with no slippage is available as an optional add-on on the easyMarkets web platform and mobile app. It is activated with a wider spread and is not available on MT4 or MT5.

Chad Powell FxRanking Author

Chad Powell

Author Profile

Chad Powell has spent more than five years trading Forex and cryptocurrency, building a practical understanding of how markets move and the challenges traders face. He writes about technical analysis, risk management, trading discipline, broker platforms, crypto security, and fraud prevention.

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