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easyMarkets Review
easyMarkets is a renowned name in the world of forex trading, offering a user-friendly and reliable platform for both beginner and experienced traders. With a strong focus on simplicity and accessibility, easyMarkets tries to strive to provide a hassle-free trading experience to its clients.
Since they commenced operations in 2001, easyMarkets has been providing flexible trading platforms, innovative features, and more than 200 global markets to clients all over the globe. They offer forex and CFD trading in currency pairs, cryptocurrency, indices, options, bonds, ETFs, metals, energies, and other commodities. easyMarkets is a well-established and strictly regulated broker which has won over 30 international awards.
Range of Trading Instruments
easyMarkets offers an extensive range of trading instruments, trying to ensure that traders can access a diversified portfolio and explore multiple opportunities. Forex trading is at the core of their offering, with a broad selection of currency pairs available for trading. Additionally, traders can try to engage in Contracts for Difference (CFDs) on various asset classes, including cryptocurrencies, indices, options, bonds, ETFs, metals, energies, and other commodities. This wide array of instruments allows traders to tailor their strategies and capitalize on market trends across different sectors.
Platforms
easyMarkets tries to offer clients several suitable and flexible trading platforms to choose from. Their trading platforms include; an easyMarkets web platform, which comes with a lot of built-in tools, including vanilla options, pending order, day trading, easyTrade. There are easyMarkets mobile applications for Android and iOS devices, as well as the world-renowned MetaTrader 4 platform.
Tools
easyMarkets provides a range of powerful tools to try to enhance the trading experience and assist traders in making informed decisions. These tools are designed to cater to different trading styles and strategies, offering advanced capabilities and valuable insights. In this short note, we explore some of the key tools offered by easyMarkets.
- Trade Simulator: The Trade Simulator tool offered by easyMarkets allows traders to practice their trading strategies in a risk-free virtual environment. Traders can simulate real market conditions, test different approaches, and gain confidence without risking their capital. This tool is particularly beneficial for beginners who want to familiarize themselves with the platform and experienced traders who wish to refine their strategies.
- DealCancellation: easyMarkets introduces a unique feature called DealCancellation, which tries to provide traders with the option to undo a losing trade within a specified time frame. This innovative tool allows traders to minimize potential drawdowns by canceling a trade if the market moves against their position. It provides an extra layer of protection and flexibility, giving traders greater control over their trades.
- Freeze Rate: With the Freeze Rate tool, traders can try to lock in a specific exchange rate for a short period before executing a trade. This feature is especially useful during times of high market volatility when prices can fluctuate rapidly. Traders can secure a favorable rate and avoid slippage, ensuring that their trades are executed at the desired price.
- Inside Viewer: The Inside Viewer tool tries to provide valuable market sentiment data, giving traders insights into the trading activities of easyMarkets’ client base. Traders can see the percentage of traders buying or selling a specific instrument, providing a snapshot of the prevailing market sentiment. This information can be used to validate trading decisions and identify potential trading opportunities.
- Technical Analysis Indicators: easyMarkets tries to offer a comprehensive suite of technical analysis indicators within their trading platform. Traders can access popular indicators such as moving averages, Bollinger Bands, RSI, and MACD, among others. These indicators tries to help trader analyze price trends, identify potential entry and exit points, and make more informed trading decisions.
- Economic Calendar: The Economic Calendar tool provides traders with a schedule of important economic events, announcements, and reports that may impact the financial markets. Traders can stay informed about upcoming events and their potential impact on currency pairs, indices, and other tradable assets. This tool enables traders to plan their strategies and adjust their positions accordingly, ensuring they are aware of significant market-moving events.
Educational Resources and Support
easyMarkets places great emphasis on trying to empower traders with knowledge and skills. They offer a wealth of educational resources, including webinars, tutorials, and market analysis. These resources cater to both novice traders seeking to learn the fundamentals and experienced traders looking to refine their strategies. Additionally, easyMarkets provides dedicated support through various channels, such as live chat, email, and phone, ensuring that traders receive prompt assistance whenever needed.
Regulation and Awards
easyMarkets operates under stringent regulatory frameworks, providing traders with a secure and transparent trading environment. The platform is regulated by reputable financial authorities, ensuring compliance with industry standards and safeguarding client funds. The company’s commitment to excellence has been recognized globally, with easyMarkets receiving over 30 international awards across multiple categories, highlighting their outstanding performance and customer satisfaction.
Conclusion
In conclusion, easyMarkets stands as a reputable and reliable forex trading platform that has successfully carved its niche in the industry. With a strong emphasis on simplicity, innovation, and customer satisfaction, easyMarkets has earned the trust of traders worldwide.
The platform’s extensive range of trading instruments, including forex, CFDs, cryptocurrencies, indices, options, bonds, and more, offers traders the flexibility to diversify their portfolios and capitalize on various market opportunities. Coupled with user-friendly trading platforms, easyMarkets ensures a seamless and intuitive trading experience for traders of all levels.
In addition, easyMarkets supports traders through comprehensive educational resources and dedicated customer support channels. Traders can try to access webinars, tutorials, market analysis, and expert assistance, empowering them to enhance their trading skills and make informed decisions.
Operating under strict regulatory frameworks, easyMarkets tries to provide a secure and transparent trading environment, instilling confidence in traders and ensuring the safety of their funds. The platform’s numerous international awards further validate its excellence and commitment to delivering top-quality services.
easyMarkets
8
PROS
- Versatile trading platform
- Innovative order features
- Many useful trading tools
- A good selection of educational materials
CONS
- No MetaTrader 5 platforms
- Cannot accept USA traders
