Why easyMarkets is Famous
- Longevity and Trust:
- Established over two decades ago, easyMarkets has become a trusted name in the financial trading industry.
- Regulated by multiple authorities, including CySEC (Cyprus Securities and Exchange Commission) and ASIC (Australian Securities and Investments Commission).
- Innovative Tools:
- DealCancellation: Allows traders to "cancel" losing trades within a set time for a small fee.
- Freeze Rate: Enables traders to freeze a price for a few seconds, providing more control in volatile markets.
- Guaranteed Stop Loss: Ensures that traders won't lose more than their pre-set risk amount.
- User-Friendly Platforms:
- Offers its proprietary easyMarkets web and mobile platforms, along with MetaTrader 4 (MT4).
- Known for being beginner-friendly while still catering to experienced traders.
- Wide Range of Assets:
- Provides access to forex, commodities, indices, cryptocurrencies, shares, and ETFs through CFDs.
- Suitable for traders interested in diversified portfolios.
- Global Reach:
- Serves clients in over 160 countries and offers multilingual support, making it accessible to a broad audience.
- Education and Support:
- Offers free resources like tutorials, webinars, and market analysis to help traders improve their skills.
Considerations
- Spreads and Fees: Spreads are fixed, which can be advantageous for transparency but might not always be the most competitive.
- Leverage: While leverage can amplify returns, it also increases risk. Be cautious, especially with high-leverage accounts.
Conclusion
easyMarkets is famous for its beginner-friendly approach, innovative trading tools, and strong regulatory framework. It's a good choice for both novice and experienced traders looking for a transparent and reliable broker. Always assess your trading needs and ensure the broker aligns with your goals and regulatory requirements in your country.