EasyMarkets is a forex trading platform that is a good fit for beginner traders. That have well designed and easy to use platform and 24/7 support. Read on to find out why it’s a great choice for new traders…
What can you trade on EasyMarkets
EasyMarkets has over 135 different currency pairs available to trade! That is one of the largest selections of any broker. They also offer commodities and indices for trading. In 2017 they added support for Cryptocurrencies, and you can trade Bitcoin, Ripple and Ethereum – the three most popular cryptos.
Overall they have a great selection of markets to trade in. One glaring omission is stock trading which is offered by many of easymarkets competitors.
Why EasyMarkets is Good for Beginners
EasyMarkets offers a unique feature called DealCancellation. This tool allows you to cancel a losing trade within 60 minutes! Everyone makes mistakes – even the best traders do. So if you find yourself with a trade that just isn’t moving in the right direction, you can cancel it as if it never happened. Think of it as insurance for your trading. This could make a huge difference to your profitability as one of the biggest mistakes newer traders make is not controlling their losing trades.
EasyMarkets also offers a large range of training and educational materials. Education is the key to trading success!
Fully Regulated Broker
EasyMarkets is a fully regulated broker (ASIC & CySec) and they have been around since 2001. They are one of the largest and most popular forex brokers and have managed to build a great reputation.
EasyMarkets offers two types of accounts. Standard and VIP. The VIP account is available to those who deposit more than $10000 and offers reduced spreads from just 1.8 pips! The standard account requires just $100 and is designed for those getting started in forex. Both accounts come with a personal account manager and a deposit bonus.
Why I like EasyMarkets
- DealCancellation – cancel your losing trades in 60 minutes!
- Competitive spreads and low fees
- Low $100 minimum deposit