Spreads are fixed for Forex accounts at easyMarkets without commission or hidden fees. For the standard Forex live trading account, spreads can be as low as 3 pips, tightening to 1 pip for traders upgrading to the VIP Client account. Because easyMarkets is a ‘market maker’, it can offer traders access to tier-1 banks providing high liquidity and competitive pricing with no slippage. What’s more, clients can use the unique deal cancellation feature and enjoy the safety of a guaranteed stop loss, whilst trading with up to 100% margin.
EasyMarkets Vanilla Options
EasyMarkets offers traders easyMarkets Vanilla Options for the opportunity to trade Forex currency pairs, commodity crosses and metals in a completely different way. Primarily, Vanilla Options give traders the opportunity to trade more flexibly than with CFD and spot Forex trading. What’s more, traders cannot be stopped out or charged rolling fees. Vanilla Options allow trade of 7 major currencies against the USD as well as trading in minor currency crosses and exotic currency crosses.
Some traders may confuse easyMarkets Vanilla Options with Binary Options. Whilst they have some common features, there are significant differences between them. Unlike Binary Options, easyMarkets Vanilla Options do not have pay out limits when traders win. Moreover, traders can close their positions with no obligation within the life of a contract without having to stick to an expiration date.
EasyMarkets offers traders a choice of two main trading platforms, each with free mobile trading apps ensuring continuous access to global markets, easily and conveniently.
The web based easyMarkets trading platform is accessible 24/7 and does not require software download or installation. It features convenient one-click trading from Market Explorer and negative balance protection. Conveniently, traders can see charts, technical analysis, news and sentiment on a single screen. The easyMarkets platform is compatible with Windows, iOS and Android operating systems on desktop and mobile devices. With the easyMarkets platform, traders gain access to 300+ trading markets with fixed spreads and up to 400:1 leverage. Trading markets include 136 currency pairs, CFDs, Vanilla trading options, indices, commodities and forward trading. Notably, the unique deal cancellation feature can be used for up to 1 hour after a deal is closed, allowing traders to recover their losses. Moreover, the free guaranteed stop loss tool ensures there is no price slippage.
EasyMarkets Trading App
The new easyMarkets trading app is available for Android and iOS powered mobile phones and tablets. Its free to download and lets traders monitor their accounts, get market news, open and close positions as well as cancel deals up to one hour after they were done. Traders can deposit and withdraw funds using the Trading app and contact support, relationship managers and analysts.
- EasyMarkets Meta Trader 4 Trading Platform
The MT4 trading platform is perhaps the most popular trading program with traders all over the globe. It is available for download to desktop computers, Android and iOS devices, directly from the easyMarkets interface. It comes with three types of user guide that can be downloaded free as PDF files, as well as a demo account. The MT4 is a trusted platform offering access to 150+ trading markets and negative balance protection whilst providing leverage up to 400:1. Notably, the MT4 platform includes a multi-terminal option for money-managers, advanced analytical charts and autotrading. Traders enjoy the stability of fixed spreads with free guaranteed stops, as well as scalping and hedging opportunities with access to expert advisors.
As of July 29th 2018, the leverage offered to EEA traders is changed according to the new regulatory rules adhering to The European Securities and Markets Authority known as ESMA which affect European RETAIL clients only.
Presented below are the new leverage limits per assets for European Clients:
- 30:1 for major currency pairs (such as EUR/USD)
- 20:1 for non-major currency pairs (such as NZD/USD), gold and major indices: FTS, CAC, DAX, ESX, SPI, NDQ, NKI, ASX
- 10:1 for commodities with the exception of gold and non-major equity indices
- 2:1 for cryptocurrency CFD