easyMarkets Review

easyMarkets will be a one-stop shop for many investors and traders out there. From its platform, easyMarkets allows its customers to structure a CFD portfolio comprising of many different asset classes. As a result, investors can access traditional markets like stocks and commodities as well as newer asset classes like cryptocurrency. 

Founded in Australia, the company is therefore regulated by ASIC, however, it is also overseen by CySEC - providing customers with that much-needed assurance, particularly when it comes to trading CFDs on cryptocurrencies. In addition to CFDs, customers can also make Forward Orders and take Vanilla style options. Forex traders will find the company’s low spread appealing as a way to keep trading costs low. ‍

“A one-stop shop for taking CFD positions and Forex trading, this Australian outfit has some of the lowest spreads on the market."

easyMarkets has taken a multi-pronged approach to its trading platform - in an astute effort to make it as appealing as possible to many different types of trading. As a result, it does have its own platform through a web-based or mobile app and a MetaTrader4 platform. For that reason, traders who have used MetaTrader4 before and want to make use of easyMarkets’ product offering and market access, will be able to hit the ground running.

For those that want something a little more straightforward, easyMarket’s own platform is sleek and simple to use. Some may argue this is at the expense of detail that may be required for more complex trades. Finally, its mobile app is good for trading on the go. It is similar to the company’s online platform, though users can also access its MetaTrader4 software through the mobile app too.

Customers can open an account with a minimum deposit of £100 for a standard account. There are several account types. For European clients, easyMarkets provides its VIP accounts. For customers outside of Europe, they have access to the Standard, Premium and VIP accounts. While this bureaucracy is a little convoluted, it is down to outside regulatory restrictions imposed by authorities with respect to the leverage that can be offered. However, the VIP account must be opened with £2,500 as a minimum. A premium account must have an opening amount of £1000.

easyMarkets has a number of innovative ways it can be contacted to access its customer service. In addition to the more usual email or phone support, clients can also make use of Whatsapp and Facebook to start chatting to an easyMarkets representative. Response times are lightning quick on chats and often will provide users with the answers they need. Email enquiries are often returned within 2 or 3 hours.

easyMarkets is an easy to use tool - even when dealing with complicated CFD instruments. Plus, it knows what it is doing in all aspects of its business. From its platform to account opening to customer service, it does what it needs to do efficiently - probably down to being around for a couple of decades now. Finally, it is overseen by multi regulatory bodies, providing customers with that much-needed assurance that easyMarkets is a professional and responsible outfit.