Easy Forex Broker Review
Name of the Company | Easy Forex |
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Established In | 2003 |
Online since | 2003 |
International Offices | Australia, and United States |
Payment Methods | Credit and debit cards, Moneybookers and wire transfer |
Demo Account and Platforms | MetaTrader 4 (Limited to 30 days use), Web Trader (Limited to 30 days use), TradeDesk(Limited to 30 days use) |
Account currencies | Australian dollar, Canadian dollar, Chinese yuan, Czech koruna, Euro, Great Britain pound, Hong Kong dollar, Israeli new sheqel, Japanese yen, Mexican peso, New Taiwan dollar, Norwegian krone, Polish złoty, Singapore dollar, South African rand, Swedish krona, Swiss franc, Turkish lira, United States dollar |
Different Currency Pairs | AUD/CAD AUD/JPY AUD/NZD
AUD/USD BRT/USD CAD/CHF CAD/JPY CHF/AUD CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NOK EUR/NZD EUR/PLN EUR/USD EUR/ZAR GAS/USD GBP/AUD AUD/CAD AUD/JPY AUD/NZD AUD/USD BRT/USD CAD/CHF CAD/JPY CHF/AUD CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NOK EUR/NZD EUR/PLN EUR/USD EUR/ZAR GAS/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD GBP/ZAR HEO/USD NOK/JPY NZD/CAD NZD/CHF NZD/JPY NZD/USD USD/CAD USD/CHF USD/JPY USD/NOK USD/PLN USD/SGD USD/ZAR |
Regulated or Registered By | ASIC, CySEC |
Are US Traders Allowed? | No |
Any Bonus? (detailed) | |
Languages in which website is available | Arabic, Chinese, English, French, German, Russian, Spanish, Vietnamese |
Languages in which support is available | Arabic, Chinese, English, French, German,
Greek, Hebrew, Polish, Russian, Spanish |
Different Support Methods | Phone, Live Chat and Emails |
Types of Account (micro standard executive islamic) | Mini, Gold, Platinum and VIP |
Minimum Deposit in Accounts | $25 |
Minimum position size | 0.05 lot |
Type of Spread | Fixed |
Typical spread on EUR/USD, pips | 4 |
Is Use of Expert Advisor Allowed | Allowed |
Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Oil, Gold, Silver and Forex |
Real Trading platforms | MetaTrader 4, Web Trading and TradeDesk |
Digits after the dot in quotes | 5 |
Margin call level | 70% |
Stop-out level | 30% |
Total Number of Currency Pairs | 43 |
· Interest rate on funds | Yes |
Is Free education Available | Yes |
Any Segregated accounts | Yes |
Do they have Managed accounts | Yes |
Affiliate program Available | Yes |
Islamic accounts available | Yes |
Is Hedging Allowed | Yes |
Do they have Trailing stop | Yes |
Do they have Pending orders | Yes |
Is One-click trading option Available | Yes |
Mobile trading Allowed | Yes |
Browser-based platform Present | Yes |
Automated trading Present | Yes |
Easy Forex Broker started their trading service in the year 2003 with offices in Australia, Cyprus and United States. They also started their online trading service the very same year making it accessible to the traders all over the world. They have been into retail business from a long time which made them know the needs and requirements of the customers. Since the trading needs of different traders varies the company offers various services to satisfy the needs of their customers. The minimum deposit required to open an account with them is as low as $25 or an amount which is equal to the amount in your own currency. They allow trading in Gold, Silver and oil along with forex. They conduct trading contests to make the traders involved in trade related activity and make trading all the more interesting. Free education is available in the form of tutorials, videos and webinars on their official website. Segregated account makes sure that the company’s and customer’s funds are kept separate. They also have affiliate programs. Islamic accounts are available for Muslim traders who follow Islamic laws on trading.
The demo account is available only for 30 days use and has Meta Trader 4, Web Trader and TradeDesk as the trading platform. The same trading platform is also there for real trading account and so it becomes easy for traders to know about its feature while using demo account and implement it while real trading. The different account types offered is Mini, Gold, Platinum and VIP accounts and the minimum deposit required to open an account with them is only $25 and the minimum trade size is just 0.05 lots. They allow the use of Expert Advisor and hence trading experience becomes easier. Website and customer support service is multilingual and is very supportive.
The reviews are posted online by various users on company’s performance and services offered. The reviews for Easy Broker are positive and have many satisfied customers. Their trading platform is liked by many traders and they like that they have web based service and mobile trading service which is very fast. A few traders have mentioned that the trading contest conducted by Easy Forex encourages them to trade more and more and also gives them the zeal to win them. They provide SMS service to their clients whenever there is any change or news that can affect the trade and the forex market. This is one feature which is liked by most of the traders. Though the payment methods are very limited the transaction of funds is very easy via Moneybookers and credit/debit cards. Their website and customer support service is multilingual which is liked by many native speakers. The customer support service is excellent and the staffs are prompt in their replies. The main concern is that their stoploss start having problem when the volume of trade is on the higher side. The average rating given to the company by its users is 4.8 out of 10.