7 Best Stock Trading Platforms for Beginners of 2024

Currently, the firm is licensed by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investment Commission (ASIC). Its European operations are covered under the Easy Forex Trading Ltd company, which holds the CySEC license. In Australia, it operates as the Easy Markets Pty Ltd, which holds the ASIC license. They also provide email support as well as phone support in addition to the various social media channels. In Australia, the brokerage firm is regulated by the Australian Securities and Investments Commission (ASIC). Thank you Farouk, this is indeed high praise and we thank you for taking the time to leave this fantastic review.

Benefit from unique trading tools and conditions

Focusing on their own platform, it is very clear from the outset that the broker wants to encapsulate the name and style of the company in the platform. That means the platform is both visually appealing in its HTML5 format and very user-friendly. Either way, considering the large deposit requirements, these spreads can be considered slightly expensive in terms of what is available from competing major brokers. Well, if you are looking for a regulated broker with low spreads, great trading tech and a well established reputation then it is definitely worth considering. The first thing that stuck out for us was their limited crypto coverage when compared to platforms like eToro or Uphold.

MetaTrader 4

Since 2001, easyMarkets has been offering traders around the world innovative features, versatile trading platforms and over 200+ global markets. They are an award winning and established easymarkets broker review broker that is under strict regulation from multiple regulators. This means that you can trade in a secure environment and get access to very competitive trading conditions.

Unique Risk Management Tools

This is the fifth decimal place which is fraction (1/10th of a pip).This can rise to 1.1 pips during the trading sessions as you have observed but interpreted incorrectly. EasyMarkets also offer MetaTrader 4 (the most popular forex trading platform), MetaTrader 5 and TradingView but features unique to this forex broker are not offered. EasyMarkets (formally Easy Forex) includes guaranteed negative balance protection for all their clients. This risk management feature means your account balance will not go negative. Whilst they are one of a limited choice of fixed spread brokers, I did notice that they have strict terms and conditions that you need to follow. I feel this could restrict some trading strategies and does mean that you might not always get access to the fixed spreads on offer.

The broker gives you access to trade both energy (hard/mined products) and agricultural (soft/grown products) CFD commodities. Commodities available to trade include oil, gas, wheat, coffee and sugar. Commodity trading is a popular way to diversify a portfolio and is primarily driven by supply and demand.

Precious metals are often considered safe heavens and used to hedge. You can monitor the rates, percentage change and high/lows of multiple markets. These can then be loaded into your trading ticket with just one click. EasyMarkets are regulated in Europe by the Cyprus Securities and Exchange Commission (CySEC) and in the Asian Pacific Region by the Australian Securities and Investment Commission (ASIC).

Additionally, fees vary depending on the instrument and increase twofold every Wednesday to cater to weekend holdings. Traders must be cognisant of these charges since they may impact profit margins over time-based transactions, particularly those employing long-term trading methods. As a result, it significantly benefits traders by facilitating better management of their trading outlays and enhances EasyMarkets’ transparent fee structure for an enhanced client experience. Following the release of its previous version, the broker has introduced the newest iteration of its MetaTrader platform, MetaTrader 5. This upgraded platform boasts a significantly enhanced trading experience thanks to its improved timeframes, graphical elements, and technical indicators.

Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience. You can trade over 200 assets in a wide variety of markets at easyMarkets. Assets and contracts for difference (CFDs) include forex, cryptocurrencies, metals and other commodities, indices and vanilla options. The broker even offers option based trading with its limited-risk easyTrade service.

  1. Its intuitive design empowers new traders to navigate trading effortlessly, while seasoned traders can leverage its vast functionalities.
  2. Anyone registering for the first time with the company can select between the demo account, standard account of the VIP account.
  3. This is why easyMarkets has included their handy «Freeze Rate» function.
  4. No, the broker concentrates on contracts for difference (CFDs), which track underlying assets but do not require direct ownership.
  5. All these accounts also have a live telephone support option as well as an account manager.

Customer support is offered through a range of options, all of which have been very responsive and positively reviewed by a number of other users. These options include telephone support, as well as email, web-based live chat, and some unique social media contact methods, including via Facebook Messenger, and Viber. Visually the mobile trading platform is very attractive, and it packs all of the same features without losing any of their effectiveness. This includes dealCancellation, live news, market sentiment, and as wide-ranging selection of indicators than you are likely to see in any mobile platform.

See this list of easyMarkets instruments for up-to-date maximum leverage allowances. Deposits by wire transfer may take as much as 5 to 7 days for funds availability, while deposits through Visa and MasterCard are the fastest. Before you can trade with easyMarkets for the first time, you need to answer a few questions.

The broker charges mostly for spreads (the difference between buy and sell prices) and inactivity fees. The instructional tools are available for download on their website, while some need registration or login into your trading account. For instance, distinguished traders can trade EUR/USD pairs at 0.9 pips or less! Additionally, this unchangeable approach proves beneficial in unstable market environments as it mitigates fluctuating expenses from impacting trade execution and profitability positively/negatively. This seamless interface especially benefits individuals whose trading strategies rely heavily on in-depth technical analysis while providing dynamic access to interactive charts. Trading limits may apply depending on your residency due to regulatory constraints, especially for cryptocurrency and options trading.

This is always a good sign as it shows that they are receptive to feedback from traders. This tool could also be helpful around economic events that tend to drive up the volatility in the markets. This could include the likes of a central bank announcement or the Non-Farm Payrolls. The dealCancellation https://traderoom.info/ is a great tool for those time you want to trade important market moving events. These could include the likes of the Brexit referendum where there is usually a binary outcome on said event. There is also a pretty comprehensive mobile application which will cover below.