» Truly easy to use!
» Comprehensive training programs
» Excellent customer support, including personal account manager
» Over 100 pairs to trade
» The lowest minimum deposit and risk ($12.5)
» 9 languages
» No demo accounts
» Relatively large spreads for the mini-accounts
Easy Forex Review rate: 4.00
Incubated with the efforts of a group of forex experts and bankers, Easy Forex came into being with the aim to launch a forex trading platform that any level of end user would love to use because of its simplified functionality. With an assumed market maker position, liquidity providers of Easy Forex are no other than The Royal Bank of Scotland (RBS) and UBS (in Switzerland).
Headquartered in Cyprus, customer support centers and FX trading rooms of Easy Forex are available in several different countries. This broker was the first ever to provide no-download proprietary software platform to its traders. German, Greek, Chinese, English, Arabic, Polish and Hebrew are the languages in which this software can be accessed.
To add on more to the charm of the Easy Forex is their advanced technological approach that allows iPhone users to take advantage of almost all their services over the phone. Although this is not a complete trading platform that allows you to perform trading activity through your phone only, still you can check your Easy Forex account status, or the standing of the forex market via their amazing iPhone application.
Registration process and deposit of funds with Easy Forex is a cake walk. All major credit cards and Paypal are accepted for the deposits. Withdrawal process is also very simple, though you will have to talk to the company executive on phone before your first withdrawal. Provide the executive with an ID as well as your legitimate bank account details (to avoid any money laundering risks) and you are all good to go.
If you have the fundamental knowledge of the forex market terminology, there is no reason why you would face any difficulty in execution of deals with Easy Forex. Easy Forex provides extensive guidance and tutorials on their website for easy dealing in the Forex market via their software.
As soon as the registration is done, an account manager contacts every user to take them swiftly through the initial dealing stages. Account manager can be reached during the local working hours; however dealing room is open 24*7 for any technical assistance. Usually, Easy Forex lays a great emphasis on the customer service, which is evident from the fact that each trader is provided with their own account manager for quick and focused guidance.
Advanced training for better trading and for optimum usage of the system is made available for the prominent members. What kind of account you wish to set up with Easy Forex depends on the amount of money you wish to put at stake. Get started with as less as $12.5 for a mini-account. Platinum, Gold and customized Import-Export account are some other account choices that are available. The selected account type also determines the spread that are offered. 10 pips are diced for a mini-account, 7 pips for the gold accounts, 5 pips for platinum accounts, and 3 pips are provided for the customized accounts.
Apart from spreads, there is no other source by which Easy Forex earns, as no commission is charged for deals made on their system. The only exception is the renewal fee, which is charged to roll over positions from Day Trading over to the next trading day.
Any deal performed via products offered by Easy Forex can be adjusted easily to the market trends. Such adjustments can be made in the “My Position” section where all the deals can be controlled and monitored by the trader. Every trading account activity is recorded in the system as well as informed via an automatic email.
There are several other helpful sections provided by Easy Forex, like you may track your current balance, withdrawals, credit card charges, and all deposits in the “My Account” Section. The results of all closed deals can be seen in the “History” Section. For better and more lucrative decisions, traders are given easy access to Reuter’s world news feature, to know if there are any events that may affect the foreign exchange market. Useful and easy to understand charts, analytical tools and financial calendar are also made available to allow traders make informed forex decisions.
Considering the cordial customer support all through as well as an extensive understanding and guidance of forex offered by Easy Forex, it is pretty simply to trade with this system. All the features and trading tools are extremely user-friendly and very useful. With so many positives to count on, Easy Forex is definitely one of the best picks amongst forex brokers.
The simplicity of the Easy Forex system is reflected in the minimalistic feel of their website. But as you navigate a little, you get all that you want for successful trading, be it tools, support or information. Trading experience with Easy Forex is definitely a simplistic yet lucrative affair.
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