Best Forex brokers in Canada
Easy Markets is a gift winning online forex and CFDs broker providing access to quite 300 global markets to clients from over 160 countries. the corporate was established in 2001 as easy-forex and is headquartered in Limassol, Cyprus with offices in Shanghai, Sydney and Warsaw. it’s regulated by both CySEC (The Cyprus Securities and Exchange Commission) and ASIC (Australian Securities and Investments Commission).
In 2016 it rebranded to easyMarkets to reflect the very fact that it had grown from offering trading on forex to trading on currencies also as oil, gold, commodities, indices, CFDs, vanilla options and forex forwards.
Traders can choose from the planet renowned Metatrader4 trading platform and easyMarkets’ own platform which was launched in 2001 because the first web-based trading platform in history. With Easy Markets platform, traders can use unique risk management tools, created by the corporate itself, like deal Cancellation* with which clients can undo any losing trade within hour of opening it, for alittle fee. The platform also offers Freeze Rate** which allows freezing a rate for a couple of seconds to make a decision whether to shop for or sell, or open or close a trade, with the frozen rate.
Trading conditions with Easy Markets include no slippage, leverage as high as 1:400***, fixed spreads as low as 1.8 pips (1 pip for EU clients), guaranteed stop loss, negative balance protection and permit scalping and hedging. All this is often protected with a superb customer support team which is out there 24/5.
Additionally, the corporate has been running a successful partnership program for over a decade which has served over 400 thousand traders and seen quite $500 million in trading volume.
Aside from its online trading services Easy Markets has established itself because the ‘go to’ broker for education and it currently offers an in depth learn center complete with easy videos which cover all trading basics for beginners. Viewers can follow the “Discover Trading” and “I have a question” series, both prepared and presented by the company’s in-house analysts. the web education goes hand in hand with the risk-free demo account that traders can open at no cost also because the one-on-one training traders receive once they open a true account.
Over the years Easy Markets has received quite 20 international awards including “Investor’s Most Trusted Forex Broker” in 2013 by JRJ.com, “Best Partner Program Europe 2015” and “Best Trading Platform UK 2016” both from the worldwide Banking & Finance Review Awards, the corporate has multiple awards from Australia, China and Poland under its belt.
Sponsorship include the Canterbury-Bankstown Bulldogs Australian national rugby league in 2013 including the worldwide million-dollar trading competition, and 2017’s first Australian production for Bloomberg, Daybreak Australia.
Easy Markets has always proved to be transparent by actively communicating with clients and inspiring openness to constantly enhance its services. On this forum viewers and traders from everywhere the planet can leave their opinions and reviews on Easy Markets also as see other people’s opinions about the corporate .
*Terms and Conditions Apply
** Please note that guaranteeing the speed per above methods is subject to limitations. Market volatility may cause rate movements between the time your request for a deal to be executed and therefore the time your order reaches our system. this might end in Easy Markets not having the ability to fill your order.
*** The leverage 1:400 only applies on MT4 Platform. If you would like leverage 1:400 you want to pass the Easy Markets Appropriateness Test. this is often designed for your protection. Contact us for further questions
Easy Markets recently launched a singular new trading ticket called easyTrade that permits the trader to line their maximum risk. this may never be surpassed. Also, you’ll trade with zero spread and without margin requirements. you furthermore may get variable leverage ratios that depend upon the market’s volatility levels.
You can cash in of this leverage without having to stress about stop losses. Your risk remains limited by what proportion money you’re willing to place in danger up front and you’ll still enjoy unlimited potential profit on each trade.
Use easyTrade by selecting an asset, an expiry time that’s one hour by default (but also can be three or six hours), what proportion you would like to place in danger and whether you think that the market will go up or down. Once you enter into a trade, you’ll then either close it before time or it’ll automatically expire at the top of its time-frame . Once it expires, the resulting payout, if any, will then be credited to your account.
Easy Markets Research Offerings
Easy Markets offers an excellent selection of trader education and analysis tools that include market news, a forex news blog, trading charts, live exchange rates, a financial calendar and knowledge on trading hours round the world.
Beginners can cash in of an out sized sort of educational material and videos, which include tutorials and basic one-on-one education. Demo accounts can assist you practice trading and you’ll test out Easy Markets’ web trading platform with a trading simulator.
You’ll find a “Getting Started” section, a “Discover” series, free eBooks, knowledge domain , a Trading Glossary, an outline of the key economic indicators and detailed FAQs. These materials cover a good sort of topics from reading a stock chart to trading strategies. you’ll even attend free Easy Markets trading seminars.
Easy Markets’ Commission and costs
Easy Markets charges no commissions on trades, just a hard and fast dealing spread. you’ll trade a good sort of assets and spreads, including forex, metals, indices, commodities, cryptocurrencies and options.
You won’t be charged fees once you make deposits or withdraw money from your trading account, which may be a major benefit because other brokers charge for those services.
You can either open a typical or a VIP account with the following:
Bank wire transfer
- Credit/debit cards like Visa, MasterCard, Maestro and American Express
- Online banking services like Sofort and GiroPay
- eWallets like Skrill, Neteller and FASAPAY (in Indonesia only)
Learn more about deposit methods and processing times. you’ll keep your money in your trading account in any of those base currencies: AUD, CAD, CHF, CNY, CZK, EUR, GBP, HKD, JPY. MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD and ZAR.
There is no minimum amount you’ve got to withdraw from your trading account to credit/debit cards or eWallets, but once you make a withdrawal to a checking account , the specified minimum is $50. the standard withdrawal time interval is one business day, and withdrawals must be made to an equivalent account you originally deposited funds from.
You will also got to provide documented proof of your address (like a statement or utility bill) and identity (such as a government ID or passport) before you’ll withdraw funds.
Easy Markets’ Security
Easy Markets is headquartered in Limassol, Cyprus within the ecu Union and submits to regulation under the Cyprus Securities and Exchange Commission’s (CySEC’s) oversight. The broker is subject to the principles and regulations laid out in the EU’s Markets in Financial Instruments Directive (MiFID) and includes the segregation of client funds from its own money.
In Australia, the brokerage is regulated by the Australian Securities and Investments Commission (ASIC).
Two decades of achievements and trustworthy service to clients have earned easyMarkets its CySEC and ASIC licenses, additionally to quite 40 global awards.
The broker’s web-based trading platform features no slippage on stop orders, guaranteed stop losses and glued dealing spreads. The broker also offers negative balance protection, so you’ll never lose quite your initial deposit if a trade goes drastically wrong.
All of those features help prevent you from suffering unexpected losses and keep your investment safe.
Easy Markets’ Customer Support
easyMarkets’ strong customer service department offers support via live chat, email, fax and telephone 24/5 throughout the trading week. Its range of live chat features includes Facebook Messenger, Viber, What’s App and a web-based live chat.
easyMarkets’ customer maintenance staff also provides support in English, Arabic, Italian, German, Spanish, Chinese and even Polish. Its website is additionally translated into those self same languages, additionally to Spanish and Chinese. The broker’s primary support
phone number is +357 25828899 and its support email address is : [email protected].
Easy Markets’ Tradable Asset Class
You can trade over 200 assets during a big variety of markets at easyMarkets. Assets and contracts for difference (CFDs) include forex, cryptocurrencies, metals and other commodities, indices and vanilla options. The broker even offers option based trading with its limited-risk easyTrade service.
Easy Markets simple Use
As its name implies, Easy Markets is extremely easy to use, and if you’re on the search for the simplest online broker, it’s simple to open an Easy Markets account. Its web-based trading platform is remarkably straightforward (excellent for beginners) and a free demo account is out there for simulated trading.
Trading at Easy Markets doesn’t even require a download and installation process, although you’ll got to do this if you employ MetaTrader 4.