EasyMarkets has been around since 2001, making it a seasoned brokerage. Headquarters for easyMarkets are found in Australia, Cyprus, and Poland. Because of this, easyMarkets can confidently offer Forex and CFD trading services to customers all over the world.
ASIC 246566, CySEC, FSA (Seychelles), and FSC (BVI) all authorize this broker to conduct business in Australia. Any legal documentation about easyMarkets may be found on their website, as they fully comply with the EU’s 4th Anti-Money Laundering Directive. If your broker goes bankrupt or you’ve been the victim of fraud, Investor Reimbursement Fund (CIF) members are eligible for compensation of up to €20,000. Clients can also take advantage of negative balance protection and a guaranteed stop loss.
Brokerage firm easy-forex changed its name to easyMarkets in 2016. EasyMarkets is showing its commitment to growth and longevity by sponsoring Real Madrid, a Spanish football team.
In this easyMarkets review, we will discuss the types of financial instruments that may be traded using the platform of easyMarkets.
Which Instruments Can Be traded with easyMarkets?
More than 200 securities and 150 currency pairs may be traded with easyMarkets. These assets may or may not be accessible depending on the location. We have included a breakdown of these instruments to help you identify the most appropriate investments.
- Foreign Exchange:
EasyMarkets has facilitated remarkable development in Forex products. The US dollar (USD), European Union currency (EUR), British pound (GBP), Japanese yen (JPY), and Swiss franc (CHF) are just some of the currency pairs available right now (CHF). One example of an index is the S&P 500, while others include the EU Stocks 50, UK 100, Japan 225, Switzerland 20, and others.
- Shares:
EasyMarkets provides access to a handpicked group of the world’s most liquid stocks, including those of Microsoft, Apple, Netflix, Coca-Cola, Facebook, Amazon, Ford, and more.
- Commodities:
Traders find commodities appealing because their prices tend to be steady or even rise when stock market values fall. Easily trade maize, wheat, cotton, soybeans, sugar, coffee, and natural gas in the currency market with easyMarkets.
- Precious metals
Precious metals, keeping this in mind, easyMarkets facilitates trading in precious metals such as platinum, gold, silver, copper, and palladium.
- Cryptocurrencies:
These innovative digital tokens are the future currency and are seeing unprecedented price increases. It follows that Bitcoin, Ripple, and Ethereum trading can be lucrative means of increasing one’s financial standing.
Top 3 Forex Trading Platforms for Beginners
- Easymarkets
FX traders may mitigate the perils of CFD and forex trading with the help of easyMarkets’ four distinct risk management solutions. With easyMarkets’ three primary risk management tools, even inexperienced forex traders can safeguard their trading accounts:
- The exclusive deal cancellation function on easyMarkets allows you to control risk.
- Don’t let the spread you desire to slip away by not using the “freeze rate” feature.
- To mitigate the inherent danger of trading, utilize guaranteed stop-loss orders.
- Spreads that are fixed, preventing any possibility of slippage.
2. XM
XM Fees for making deposits, making withdrawals, and making other account operations are pretty small. One can choose from many different deposit and withdrawal options. XM is not only a great learning tool because of its intuitive UI. There is a wealth of informational tools at the user’s disposal, simplifying the process of becoming acquainted with the fundamentals of forex trading.
An XM account may be opened in a matter of minutes. While XM’s product offering is small, forex traders will be satisfied. For those interested in trying out forex trading but who want to avoid committing a large sum of money right away, XM’s $5 minimum deposit is an excellent option. The XM trading platform allows you to practice trading with virtual funds in 11 different base currencies.
3. eToro
eToro is the best forex trading platforms for beginners . That provides a user-friendly interface and a wide variety of foreign exchange (FX) pairings for beginning traders. The ability to imitate successful trades from others through social trading is a significant element that makes it accessible to newcomers.
This equipment also allows it to function as a social trading platform. New forex traders can gain exposure to the market by automatically replicating the transactions of seasoned pros. Newcomers to the forex market may network with seasoned pros and pick their brains for trading tips and advice. A demo account is available on eToro for anyone interested in learning the ropes of forex trading in a risk-free environment.
