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Since 2003, easy-forex has been revolutionising currency trading in over 160 countries. Please contact your personal account service manager to help with payments by any other method. Select one of more options to your intended way of trading.
A forex trading strategy is a set of analyses that a forex day trader uses to determine whether to buy or sell a currency pair. The 24/7 markets make it difficult to regularly monitor prices and volatility. The best approach is to keep strict stop losses for all forex trades and trade systematically through a well-planned approach. Due to the large size of the forex market, it is less susceptible to insider trading than some other markets, particularly for major currency pairs.
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.
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.
I am very happy with their service
The headquarters of Easy Forex are based in Limassol Cyprus, although, the firm has also offices in many other locations such as Poland, Great Britain, Shanghai and Australia. What is interesting about this broker is that even though mainly based in Cyprus, it has got its official license from the Australian Financial Services agency. Meanwhile, the legal regulator that controls the safety on Easy Forex broker is the Australian regulator ASIC. On the other side, binary.com scam to provide even more secured and reliable trading environment, Easy Forex accepts the additional EU-based regulation measures –mostly in the data safety filed. Since 2010 Easy Forex has stopped accepting US members, but this definitely did not decreased the number of people, who desire to trade on this platform. It is also important to say that Easy Forex perfect customer support services that additionally make the customers here feel very comfortable.
Every trader is supported by their personal relationship manager. EasyMarkets is regulated by CySEC, giving you the security and peace of mind you need. Test your skills, knowledge and abilities risk free with easyMarkets demo account. Access to the world’s financial markets at your fingertips. Another condition offered as a standard feature on easyMarkets accounts, this ensures you are protected when you trade. Protect yourself and your open trades against runaway losses.
Just a few more questions and you are ready!
Win and Win Again – This special bonus on Easy Forex platform allows you to double your winning and to have your loss covered up to $200. This is, though, offered as a promotion only for beginners in trading, who want to practice their skills at first and then, to proceed with the real trading experience. Keep in mind that this is not the well-known demo account, where you can practice for free, too, but the winnings and the losses are not real like with this Easy Forex bonus. Easy-forex provides traders with a host of educational tools. Traders can select over 175 products ranging from currencies, commodities and metals, to options, using their desktops, tablets or smartphone devices with account. Easy-forex offers a wide range of Energy Commodities including WTI Crude Oil, Brent, Natural Gas, Heating oil and Gasoil.
Easy-forex offers traders an online web trading platform, Visual Trading Machine which allows them to trade from any computer wherever they are. The platform includes sophisticated tools, real-time rates feed, one-click trading, freeze rate, live market news and other unique features. There are no commissions in a real sense–most forex brokers make profits from the spreads between forex currencies. One does not have to worry about including separate brokerage charges, eliminating overhead costs. Compare that to equity or other securities trading where the brokerage structure varies widely and a trader must take such fees into account.
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Often perceived as an easy moneymaking career, forex trading is actually quite difficult, though highly engaging. The foreign exchange market is the largest and most liquid market in the world, but trading currencies is very different from trading stocks or commodities. ForexAffiliate is the partner referral programme of easyMarkets, a regulated broker giving thousands of traders access to the global financial markets. We are one of the longest running and most profitable financial affiliate programmes worldwide. Of retail investor accounts lose money when trading CFDs with this provider.
- Log in to easyMarkets platform using your username and password to trade and/or withdraw or contact easyMarkets Customer Service for further assistance.
- It is also important to say that Easy Forex perfect customer support services that additionally make the customers here feel very comfortable.
- Traders can also take long-term positions, which can last from days to several weeks.
- It can give you up to $2000 once you open an account and make your first initial deposit.
74-89% of retail investor accounts lose money when trading CFDs. You should ensure you are aware of the risks involved in trading and if you can afford to take the high risk of losing your money. Due to tight spreads in terms of pips, one can easily start forex trading with a small amount of initial capital. Without more capital, it may not be possible to trade in other markets . Availability of margin trading with a high leverage factor (up to 50-to-1) comes as the icing on the cake for forex trades. While trading on such high margins comes with its own risks, it also makes it easier to get better profit potential with limited capital.
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You can take the test after completing your registration or anytime later before you start trading. The forex market is where banks, funds, and individuals can buy or sell currencies for hedging and speculation. The foreign exchange, or Forex, is a decentralized marketplace for the trading of the world’s currencies. In essence, there are lots of advantages to forex trading as a career, but there are disadvantages as well.
The market may not be under the control of the regulators, but the activities of brokers are. The forex market is available for trading 24 hours a day. However, not all hours of the day are equally good for trading. The best time to trade is when the market is most active. When more than one of the markets are open simultaneously, there will be a heightened trading atmosphere, which means there will be greater fluctuation in currency pairs.
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.
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Learn about crypto in a fun and easy-to-understand format. Traders can contact an easy-forex representative by telephone at the broker’s two main instaforex founded offices in Limassol and Sydney. Queries can be sent by email and snail mail can be sent to easy-forex at their address in the Marshall Islands.
Education
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.
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. It basically means that forex trading systems don’t have to be complicated. Usually, the higher the time frame, the more pips you should be willing to risk because your gains will typically be larger than if you were to trade on a smaller time frame. As you can see, we have all the components of a good forex trading system. The type of the account will also determine the spread offered to the client, ranging from 3 pips for a standard account, 2.5 pips for Premium and 1.8 pips for VIP.
Investing in the promotional support of affiliate sites is a more efficient tool than just enthusias… This means few chances for market manipulation or price anomalies. For more information, see the developer’s privacy policy.
Wide Range of Marketing Tools
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.
By signing up you confirm you are over 18 years of age. Due to European Union regulations effective from the 29th of July 2018 easyMarkets can no longer provide Easy-Forex trading platform access to clients residing within the European Union. Log in to easyMarkets platform using your username and password to trade and/or withdraw or contact easyMarkets Customer Service for further assistance.
