|EasyMarkets is a trading site that accepts Australian traders. You can trade multiple assets here including cryptocurrencies, stocks, commodities and much more.
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You may remember, Easy Markets was once known as easyForex.com. However, its former name only lasted for as long as it represented a traditional retail forex broker.
Now though, it is so much more than that, hence the name, Easy Markets.
Easy Markets was started in 2001 and this broker accepts traders from Australia. By now, it has an accumulated trading turnover worth trillions of dollars.
As always, security is a critical detail for any trader to consider when selecting a broker. But there is a lot more to this broker than the element of safety as you shall now see.
What is it like to trade in Australia?
There is no shortage of variety when it comes to currency pairings offered at Easy Markets. One can find anything from major currency pairs to exotic pairs. There are also CFDs and vanilla options along with over 300 available instruments available daily.
Easy Markets uses one of the most innovative and forward-looking trading platforms around. It operates solely on the web so there is no need for downloading it.
There is nothing extra about it, every part is functional. However, you can also choose to trade on the MT4 platform if you prefer it. It is accessible on your desktop as well as your mobile device.
Spreads and Leverage
Spreads and leverage offered by Easy Markets very much depend on the account class and type of assets. For instance, forex pairs are attributed a spreads of around 1.8 pips for those carrying VIP status, and 3 pips for others.
Meanwhile, leverage can go up to 400:1 depending on the type of instruments being traded.
Deposits and Withdrawals
Easy Markets has a straightforward and simple payment scheme. You can use either credit or debit card as well as a bank wire transfer, or, if you prefer a more localized method of payment, Neteller, Skrill, and WebMoney.
Customer support from Easy Markets can be accessed 24 hours a day, 5 days a week. It can be accessed using either email, fax, telephone, or live online chat. In addition, the firm also has offices located in Sydney, Shanghai, Warsaw, and Limassol.
There is plenty of support aimed at novice traders as well.
Easy Markets has a learning center that contains ebooks, videos, training articles, FAQs, trading charts and tools, a daily commentary on the market and so on which will be immensely helpful in familiarizing yourself with the market.
Even if you are young and inexperienced, the comprehensive learning material offered by Easy Markets does mean that you will develop your skills and education quite rapidly until you have a high success rate.
In the company of other forex brokers, Easy Markets maintains a high reputation. It is a firm that has managed to exist in one form or another since 2001 and has consistently been able to deliver a high level of service at a decent enough cost.