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FxPro , Easy Forex Broker Comparison

Do you want to know which is the better broker between FxPro and Easy Forex ?

In the table below, you can compare the features of FxPro , Easy Forex side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
FxPro
7.74
Regulated
Under guarantee
15-20 years
CYSEC,FCA
--
AAA
A
467.9
73
73
75
1844
1844
1743
A

EURUSD: -0.3

XAUUSD: 0.9

26
-1
26
AA
10.31 USD/Lot
19.32 USD/Lot
AA

Long: -6.79

Short: 1.71

Long: -16.89

Short: 7.99

AAA
0.3
24.1
--
--
--
--
--
--
--
--
--
--
--
--
Easy Forex
6.64
Regulated
Under guarantee
--
15-20 years
CYSEC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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FxPro 、 Easy Forex BrokersRelevant information

FxPro 、 Easy Forex BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of fxpro, easyforex lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fxpro
FxPro Basic Information
Company Name FXPRO UK Limited
Founded 2006
Headquarters London, UK
Regulations FCA, CySEC
Tradable Assets Forex, Stocks, Futures, Indices, Metals, Energies, Cryptocurrencies
Account Types Demo Account, Live Account
Minimum Deposit $100
Maximum Leverage 1:200
Deposit & Withdrawal Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, China UnionPay, mPay, FasaPay, Webmoney
Trading Platforms MetaTrader 4, MetaTrader 5, cTrader, FxPro Trading Platform
Customer Support Multilingual customer support through Phone, Email, Live Chat
Education Resources Webinars, Articles, Videos, eBooks, Tutorials
Bonus Offerings None

Overview of FxPro

Founded in 2006, FxPro is a reputable UK-based forex broker that provides online trading services to a global audience. With over 70 financial instruments available for trading, FxPro offers its clients a diverse range of products, including forex, shares, indices, futures, and spot metals. The broker provides clients with access to multiple trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its proprietary platform, FxPro trading platform, FxPro trading App, and cTrader.

In addition to its trading services, FxPro provides clients with a range of educational resources, including webinars, video tutorials, and market analysis tools. The broker offers 24/5 customer support in over 20 languages, ensuring that clients can receive assistance in their preferred language at any time of the day or night. FxPro also provides its clients with a range of payment options, including credit/debit cards, bank transfers, and various e-wallets, making it easy to deposit and withdraw funds from their trading accounts.

basic-info

Is Fxpro legit or a scam?

Yes, FxPro is regulated by several reputable financial regulatory bodies in different jurisdictions where it operates. These regulatory bodies ensure that FxPro adheres to strict standards of financial stability, security, transparency, and fair trading practices.

FxPro UK Limited is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with registration number 509956.

regulation

FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with license number 078/07.

regulation

Pros and Cons

Pros Cons
Regulated by FCA and CYSEC Limited account types and trading instruments
Multiple choices of trading platforms to choose from Limited educational resources for beginners
Multiple account funding and withdrawal options Inactivity fee charged after 6 months of inactivity
Negative balance protection for retail clients Limited availability in certain countries
Multiple base currencies available for accounts No fixed spread accounts
Limited customer support availability on weekends

Market Intruments

FXPro offers a diverse range of trading instruments to its clients, including Forex currency pairs, indices, commodities, shares, and futures. The broker offers over 70 currency pairs, including majors, minors, and exotic pairs, with competitive spreads starting from 0 pips. In addition, FXPro provides traders with access to a variety of indices, such as S&P 500, NASDAQ, DAX, and FTSE 100, among others. The broker also offers commodities such as gold, silver, oil, and gas, along with futures contracts on indices, energies, and metals. Lastly, FXPro provides traders with access to more than 150 stocks of some of the largest companies globally, such as Apple, Amazon, Google, and Facebook, among others. Overall, FXPro offers its clients a broad range of instruments to trade with, making it a suitable broker for traders of all levels and preferences.

products
Pros Cons
Diverse range of markets including forex, commodities, stocks, indices, and cryptocurrencies Limited selection of exotic currency pairs
Access to advanced trading platforms including MT4, MT5, and cTrader and its proprietary trading platform Overnight swap fees can be high on certain assets
Multiple account types to suit different trading needs Limited educational resources for traders
Negative balance protection for all account types No guaranteed stop-loss orders
No social trading platform
Limited selection of cryptocurrency assets compared to some competitors

Account Types

FXPRO offers two types of accounts: a live trading account and a demo account. The live trading account offers instant execution with no requotes, negative balance protection, and a variety of trading platforms to choose from.

FXPro offers a free and 180-day life span demo account that enables traders to test their trading strategies and get a feel for the platform's features and functionality without risking any real money. The demo account comes with virtual funds that can be used to trade various financial instruments, including forex, commodities, indices, and shares.

With FXPro's demo account, traders can familiarize themselves with the platform's trading tools and resources, such as the advanced charting package, market news and analysis, and risk management tools. Traders can also practice their trading skills and test out new trading strategies in a risk-free environment.

account-types
account-types

How to open an account?

The process of opening an account with FXPro is a streamlined and uncomplicated endeavor, which aims to provide a smooth onboarding experience for traders.

  • First, you need to visit the broker's website and click on the 'Register' button.

open-account
  • Then, you will then be directed to a page where you need to fill out a registration form with your personal information, including your full name, email address, phone number, and country of residence. You will also need to create a unique username and password.

open-account
  • Once you have submitted your registration form, you will be prompted to verify your email address by clicking on a verification link that will be sent to your inbox. After verifying your email, you can then proceed to complete the verification process by providing additional information, such as your ID and proof of address.

  • Once your account has been verified, you can then proceed to fund it with the minimum required deposit. FXPro offers a variety of payment methods, including bank transfers, credit/debit cards, and e-wallets. You can choose the payment method that best suits your needs and preferences.

  • After funding your account, you can then start trading by logging into the FXPro trading platform with your account credentials. If you are new to trading, it is recommended that you first practice on the demo account to get a feel of how the platform works before risking your real money.

Leverage

FXPro offers competitive leverage ratios for different trading instruments to help traders maximize their trading potential. For forex majors, gold, and futures spot, as well as futures of energy (UK Oil, Natural Oil), the broker offers a high leverage of up to 1:200. This means that traders can control a large amount of capital with a relatively small deposit. However, traders should be aware that high leverage also increases the risk of potential losses.

For other instruments such as indices and shares, the leverage ranges from 1:20 to 1:50, depending on the specific instrument.

leverage

Here's a table comparing the maximum leverage offered by FXPro, IC Markets, Exness, FP Markets, and FBS across various asset classes:

roker Forex majors & Gold Forex minors & exotics Futures Spot & Futures Energy Indices & Metals Stocks & ETFs Cryptocurrencies
FXPro 1:200 1:50 1:200 1:100 1:05 1:05
IC Markets 1:500 1:500 1:200 1:100 1:20 1:05
Exness 1:2000 1:2000 1:200 1:200 1:20 1:02
FP Markets 1:500 1:500 1:100 1:100 1:20 1:05
FBS 1:3000 1:3000 1:100 1:500 1:20 1:03

Spreads & Commissions (Trading Fees)

FXPRO offers variable spreads that can vary depending on the market conditions and the asset being traded. The spreads offered by FXPRO may appear to be on the higher side, with the EUR/USD pair starting from 1.5 pips, GBP/USD from 2.1 pips, WTI spreads from 60 pips, Gold from 36 pips, and BTC from 6251 pips. However, it's important to note that different brokers may offer different spreads depending on their business model, and it's always essential to compare the spreads of different brokers before deciding on one.

In terms of commissions, FXPRO offers commission-free trading for most instruments, except for share CFDs, which are subject to a commission of 0.05% of the transaction value.

spread-commission

Here's a table that compares the spread on some of the most popular trading instruments provided by FXPRO with other well-known brokers in the market.

Broker EUR/USD Spread GBP/USD Spread WTI Spread ETHUSD Spread Gold Spread
FXPRO 1.5 pips 2.1 pips 60 pips 1.5 pips 36 pips
XM 0.8 pips 1.7 pips 3.0 pips 8.0 pips 34 pips
AvaTrade 1.3 pips 1.6 pips 2.2 pips 4.0 pips 40 pips
FXTM 1.3 pips 1.9 pips 2.0 pips 12.0 pips 35 pips
HF Markets 1.1 pips 1.4 pips 4.0 pips 3.0 pips 38

Non-Trading Fees

In addition to trading fees, FXPRO also charges non-trading fees that traders should be aware of. These fees include overnight interest fees, inactivity fees, and withdrawal fees.

Overnight interest fee, also known as swap rates. This fee is charged when traders hold positions overnight and can be either positive or negative, depending on the currency pair and the direction of the trade.

The inactivity fee is charged when a trader does not place any trades for a certain period of time. This fee is typically charged on a monthly basis and is deducted from the trader's account balance.

FXPRO also charges withdrawal fees, which vary depending on the withdrawal method used. Withdrawals via bank transfer are typically subject to a fee, while withdrawals via e-wallets may be free of charge.

Overall, while the non-trading fees of FXPRO are not excessive, traders should be aware of them and factor them into their trading costs.

Trading Platform

FXPro provides traders with a variety of robust and user-friendly trading platforms to choose from, including the popular MetaTrader 4 and 5 (MT4 and MT5) platforms, as well as their proprietary FXPro Trading Platform and the advanced cTrader platform. Each platform offers different features and advantages, allowing traders to choose the platform that best suits their individual trading needs and preferences.

MT4 and MT5 are widely recognized as the industry standard in forex trading platforms, providing traders with a comprehensive range of analytical tools, customizable indicators, and automated trading capabilities. FXPro's proprietary trading platform, on the other hand, offers a user-friendly interface with advanced charting capabilities and built-in risk management tools.

For traders looking for a more advanced trading experience, cTrader offers a range of sophisticated features such as level 2 pricing, advanced order types, and algorithmic trading capabilities.

trading-platform
trading-platform
Broker Trading Platforms Offered
FXPro MT4, MT5, FXPro Trading Platform, FXPro cTrader
FXTM MT4, MT5
Exness MT4, MT5
FP Markets MT4, MT5, IRESS
Pepperstone MT4, MT5, cTrader

Deposit & Withdrawal

The minimum deposit is $100. FXPro UK Ltd provides its clients with a diverse range of deposit and withdrawal options to facilitate seamless transactions. Clients can deposit funds through various methods, including bank transfer, broker-to-broker transfer, VISA, MasterCard, Maestro, and MasterCard Secure Code. Withdrawals can also be made using the same methods.

It is important to note that while deposits are free of charge, some withdrawal methods may incur fees. For instance, bank transfers may attract fees from the bank or intermediary bank, and credit card withdrawals may incur a 2% fee on the withdrawal amount.

deposit-withdrawal

FXPro Financial Services Ltd accepts the payment methods mentioned previously, such as Bank Transfer, Broker to Broker, VISA, MasterCard, and Maestro. Additionally, FXPro Financial Services Ltd also supports e-wallet payment methods including PayPal, Neteller, and Skrill.

deposit-withdrawal
Pros Cons
Multiple deposit and withdrawal options available, including bank transfer, credit/debit cards, and e-wallets such as PayPal, Neteller, and Skrill. Some deposit methods may incur fees charged by third-party providers.
No deposit fees charged by FXPro. Withdrawal fees may apply depending on the withdrawal method and currency.
Fast and efficient deposit and withdrawal processing times, with most deposits and withdrawals processed within 1 business day. Withdrawals may take longer for bank transfers and some other methods, particularly for international transactions.
Secure and reliable payment processing, with advanced encryption technology used to protect sensitive financial information. Some e-wallets may not be available in certain countries or regions.
High minimum deposit The maximum deposit and withdrawal amounts may be subject to limitations depending on the payment method and account type.

Customer Support

FXPRO offers customer support to its clients through various channels, including email, phone, and live chat. The customer support team is available 24/5 and can assist clients with any questions or issues they may have regarding their trading accounts, trading platforms, or other services offered by the broker.

Clients can contact the customer support team via email, and they can expect to receive a response within 24 hours. Phone support is available in multiple languages, and clients can find phone numbers for their respective countries on the broker's website.

FXPRO also offers a live chat feature on its website, which allows clients to connect with a customer support representative in real-time. Live chat is available in multiple languages and is a quick and convenient way for clients to get their questions answered or issues resolved.

In addition to the above channels, FXPRO has an extensive FAQ section on its website that covers a wide range of topics related to trading, account management, and other services provided by the broker. Clients can access the FAQ section by clicking on the “Support” tab on the broker's website.

customer-support
customer-support
customer-support
Pros Cons
Multilingual customer support available via live chat, email, and phone No 24/7 customer support
Customer support available in over 20 languages No social media support
A FAQ section supported

Educational Resources

  • Video tutorials: FXPro offers a wide range of video tutorials covering various topics such as trading strategies, technical analysis, and market news.

  • Webinars: The broker hosts webinars featuring expert traders, covering a wide range of topics and providing clients with the opportunity to ask questions and interact with other traders.

  • Trading tools: FXPro provides its clients with a range of trading tools, including economic calendars, market analysis, and trading calculators.

  • Ebooks: The broker offers a range of ebooks covering topics such as trading psychology, technical analysis, and trading strategies.

  • Glossary: FXPro has a comprehensive glossary of trading terms, providing clients with definitions of commonly used terms and concepts.

  • Trading academy: The broker has a trading academy that offers a range of courses covering beginner, intermediate, and advanced topics. These courses are designed to help traders improve their skills and knowledge.

  • Market insights: FXPro provides clients with daily market insights, covering the latest market news, analysis, and commentary.

educational-resources
educational-resources

Conclusion

Overall, FXPro is a well-regulated and reputable online forex broker with several advantages and disadvantages. The broker offers a wide range of trading instruments and allows trading on multiple platforms, including MT4, MT5, cTrader, and its proprietary platform.

While the broker's leverage is relatively high, its trading fees, including spreads and commissions, may be considered somewhat expensive. The broker also offers a variety of deposit and withdrawal options, with a minimum deposit of $100.

FXPro's customer support is reliable and efficient, with several contact options, including email, phone, and live chat. Additionally, the broker offers various educational resources, including webinars, articles, and tutorials, to help traders enhance their trading skills and knowledge.

FAQs

Q: Is FXPro a regulated broker?

A: Yes, FXPro is a regulated broker. It is authorized and regulated by several top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.

Q: What trading instruments are available at FXPro?

A: FXPro offers a wide range of trading instruments, including forex, commodities, indices, futures, and shares. Clients can trade over 70 currency pairs, as well as gold, silver, crude oil, and other popular commodities.

Q: Does FXPro offer a demo account?

A: Yes, FXPro offers a demo account that allows clients to practice trading in a risk-free environment with virtual funds.

Q: What payment methods does FXPro accept?

A: FXPro accepts a wide range of payment methods, including bank transfers, credit/debit cards, and e-wallets such as PayPal, Skrill, and Neteller.

Q: What trading platforms does FXPro offer?

A: FXPro offers several trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and its own proprietary trading platform. Clients can choose the platform that best suits their trading needs and preferences.

Q: Does FXPro offer educational resources for traders?

A: Yes, FXPro offers a range of educational resources for traders, including video tutorials, webinars, and articles. The broker also provides access to market analysis and research tools to help traders make informed trading decisions.

easyforex

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Easy Forex Review Summary in 10 Points
Founded 2001
Registered Country/Region Cyprus
Regulation CYSEC
Market Instruments Forex, commodities, metals, indices, options, cryptocurrencies, and shares
Demo Account Available
Leverage 1:500
EUR/USD Spread From 0.5 pips
Trading Platforms easyMarkets platform (web/app), TradingView, MT4/5
Minimum deposit $25
Customer Support Live chat, WhatsApp, request a callback, send messages online to get in touch, and email

What is Easy Forex?

Easy Forex, now known as easyMarkets, is an online forex and CFD broker that provides trading services to individual and institutional traders. It was established in 2001 and is regulated by the Cyprus Securities and Exchange Commission (CYSEC). Easy Forex offers a variety of trading instruments, including forex, commodities, metals, indices, options, cryptocurrencies, and shares, and provides access to multiple trading platforms such as easyMarkets platform (web/app), TradingView, MT4, and MT5. The broker aims to provide a user-friendly trading experience and offers various features like risk management tools and educational resources.

Easy Forex

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

3. Pros & Cons

Easy Forex offers a regulated and trustworthy trading environment, providing a wide range of trading instruments and user-friendly platforms. The inclusion of risk management tools and educational resources further enhances the trading experience.

However, there have been reports of scams and negative user experiences that should be taken into consideration. Traders should weigh these pros and cons carefully and conduct thorough research before deciding to trade with Easy Forex.

Pros Cons
• Regulated by CYSEC • Reports of scams and negative user experiences found online
• Wide range of trading instruments available • Withdrawal processing time can be relatively long
• Demo accounts available
• User-friendly trading platforms, including easyMarkets platform, TradingView, MT4, and MT5
• Various risk management tools
• Multiple payment options
• Rich educational resources
• Efficient customer support with multiple contact options

Easy Forex Alternative Brokers

    There are many alternative brokers to Easy Forex depending on the specific needs and preferences of the trader. Some popular options include:

    • OctaFX - a reputable broker with competitive trading conditions and a wide range of trading instruments, making it a good choice for traders looking for diverse trading opportunities.

    • Darwinex - stands out with its innovative concept of “trading talent” and offers a unique platform for both traders and investors to benefit from each other's success.

    • Hantec Markets - a reliable broker with a strong reputation and a comprehensive range of trading platforms, making it suitable for traders of all levels seeking a trustworthy trading environment.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Easy Forex Safe or Scam?

Easy Forex, being regulated by the Cyprus Securities and Exchange Commission (CYSEC) and holding a valid license (No. 079/07), operates under the supervision and guidelines set by a reputable regulatory authority. The provision of Free Guaranteed Stop Loss and Negative Balance Protection further emphasizes their commitment to client protection. However, it is essential to conduct thorough research and exercise caution when engaging with any financial service provider, as risks are inherent in trading activities.

Market Instruments

Easy Forex provides a diverse range of market instruments, catering to the trading preferences of its clients. Traders can access the global Forex market, allowing them to trade major, minor, and exotic currency pairs. Additionally, Easy Forex offers commodities, such as gold, silver, crude oil, and natural gas, enabling investors to participate in the movements of these essential resources.

The platform also provides access to various global indices, allowing traders to speculate on the performance of leading stock market indices worldwide. Moreover, Easy Forex offers options, cryptocurrencies, and shares, further expanding the trading opportunities available to its clients. With such a broad selection of market instruments, traders can diversify their portfolios and take advantage of various market opportunities.

Market Instruments

Accounts

Easy Forex offers a range of account types to suit the trading needs and preferences of different traders. On the easyMarkets Web/App and TradingView platforms, traders can choose between Standard, Premium, and VIP accounts. These accounts provide varying features and benefits, with the minimum deposit requirement starting at $25 for the Standard account.

For those who prefer the MT4 platform, Easy Forex also offers Standard, Premium, and VIP accounts, with the same minimum deposit requirements as the easyMarkets Web/App and TradingView accounts. Additionally, there is a single account type available on the MT5 platform.

The availability of different account types allows traders to select the account that best aligns with their trading goals, risk tolerance, and investment capital. Furthermore, Easy Forex provides demo accounts, allowing traders to practice and familiarize themselves with the platform's features before trading with real funds.

easyMarkets Web/App and TradingView MT4 MT5
Account type Standard Premium VIP Standard Premium VIP
Minimum transaction size from 0.01
Spreads type Fixed Variable
EUR/USD from 1.8 pips 1.5 pips 0.8 pips 1.7 pips 1.2 pips 0.7 pips 0.5 pips
Minimum deposit $25 $2,000 $10,000 $25 $2,000 $10,000 $25
Max leverage 1:200 1:400 1:500
Commission 0
Account Fees 0
Customer Support over the phone Yes
Personal Account Manager yes
24/5 phone and live chat trading No No Yes

Leverage

Easy Forex provides competitive leverage options to its traders across different trading platforms. On the easyMarkets Web/App and TradingView platforms, traders can access leverage up to 1:200. This means that for every $1 of capital, traders can trade with $200 in the market. For traders who prefer the MT4 platform, Easy Forex offers leverage up to 1:400, allowing for even greater exposure to the markets. On the MT5 platform, traders can enjoy leverage up to 1:500, offering enhanced trading opportunities.

It's important to note that while leverage can amplify potential profits, it also increases the risk of losses. Therefore, traders should exercise caution and employ risk management strategies when utilizing leverage in their trading activities. Easy Forex's range of leverage options caters to different trading styles and risk preferences, allowing traders to make informed decisions based on their individual trading strategies.

Spreads & Commissions

Easy Forex offers competitive spreads across its trading platforms, ensuring cost-effective trading for its clients. When trading the popular EUR/USD currency pair, the spread varies depending on the platform chosen. On the easyMarkets Web/App and TradingView platform, the spread is fixed from 0.8 pips, providing traders with transparency and consistency in their trading costs. For those using the MT4 platform, the spread is fixed from 0.7 pips, offering competitive pricing for this major currency pair. On the MT5 platform, the spread is variable from 0.5 pips, allowing traders to potentially benefit from tighter spreads during times of increased market liquidity.

It's worth noting that Easy Forex does not charge any commissions on trades, ensuring that traders can focus on their trading strategies without incurring additional costs. By providing competitive spreads and commission-free trading, Easy Forex aims to offer a cost-effective trading environment to its clients.

Spreads

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commissions
Easy Forex From 0.5 pips No
OctaFX 0.4 pips No
Darwinex 0.0 pips Variable
Hantec Markets 1.2 pips No

Please note that these figures are indicative and may vary depending on market conditions and account types. It's always recommended to check with the respective brokers for the most up-to-date and accurate information regarding spreads and commissions.

Trading Platforms

Easy Forex provides its clients with a diverse range of trading platforms, catering to different preferences and trading styles. The easyMarkets platform, available on both web and mobile applications, offers a user-friendly interface and a wide range of trading tools. It provides access to a variety of financial instruments and features advanced risk management tools like free guaranteed stop loss and take profit.

TradingView, a popular charting and analysis platform, is also supported by Easy Forex, allowing traders to analyze markets, access advanced technical indicators, and execute trades directly from the platform. For those who prefer the widely used MetaTrader platforms, Easy Forex offers both MT4 and MT5.

These platforms provide comprehensive charting capabilities, customizable indicators, and automated trading options. With a selection of trading platforms, Easy Forex aims to cater to the diverse needs of traders and provide them with a seamless and feature-rich trading experience.

Trading Platforms

Overall, Easy Forex's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platforms
Easy Forex easyMarkets Web/App, TradingView, MT4, MT5
OctaFX MetaTrader 4, MetaTrader 5, cTrader
Darwinex Darwinex Web Platform, MetaTrader 5
Hantec Markets MetaTrader 4, MetaTrader 5

Trading Tools

Easy Forex offers a comprehensive suite of trading tools designed to enhance the trading experience and help traders make informed decisions. The dealCancellation feature allows traders to cancel losing trades within a specific time frame, providing an extra layer of protection against potential losses. The Freeze Rate tool enables traders to freeze the quoted rate for a few seconds, giving them time to analyze the market before executing a trade.

Trading Tools

Negative Balance Protection ensures that traders cannot lose more than their initial investment, safeguarding them from excessive losses. The platform also provides a range of order types, including pending orders, which allow traders to set specific entry and exit levels for their trades. Additionally, Easy Forex offers free guaranteed stop loss and take profit levels, providing traders with added control over their risk management.

Trading Tools

Traders can also stay informed about market developments through various tools, including notifications, live currency rates, an inside viewer to see the sentiment of other traders, trading charts, a financial calendar, and market news updates.

Trading Tools

Furthermore, Easy Forex provides a demo account, allowing traders to practice their strategies and familiarize themselves with the platform without risking real money. With a wide array of trading tools, Easy Forex aims to empower traders with the necessary resources to make well-informed trading decisions.

Deposits & Withdrawals

Easy Forex provides a wide range of convenient and secure payment methods for both deposits and withdrawals. Clients can fund their accounts using credit/debit cards such as Visa, MasterCard, and Maestro, as well as popular e-wallets including Neteller, Skrill, Fasapay (available for Indonesia), Local Deposit (available for Egypt), Sticpay, WebMoney, bitwallet, and Perfect Money.

Account currencies:

Euro (EUR), Canadian Dollar (CAD), Czech Koruna (CZK), Japanese Yen (JPY), New Zealand Dollar (NZD), U.S. Dollar (USD), Singapore Dollar (SGD), Swiss Franc (CHF), British Pound (GBP), Mexican Peso (MXN), Australian Dollar (AUD), Polish Zloty (PLN), Turkish Lira (TRY), Chinese Yuan (CNY), Hong Kong Dollar (HKD), Norwegian Krone (NOK), Swedish Krona (SEK), South African Rand (ZAR), Bitcoin (BTC)

Account currencies

Easy Forex minimum deposit vs other brokers

Easy Forex Most other
Minimum Deposit $25 $100

The broker does not charge any fees for deposits, and most deposits are processed instantly, allowing traders to start trading without delays.

For withdrawals, there is no minimum withdrawal amount for credit/debit cards and eWallets, while a minimum of $50 is required for bank account withdrawals. Easy Forex aims to process all withdrawal requests within 2 business days (48 hours). However, the actual time it takes for the funds to reach the client's bank account may vary depending on the final destination and the processing times of the recipient's bank, typically ranging from 3 to 10 business days.

See the deposit/withdrawal fee comparison table below:

Broker Deposit Fee Withdrawal Fee
Easy Forex Free Free
OctaFX Free Free
Darwinex Free Free
Hantec Markets Free Free
Deposits
Deposits

Customer Service

Easy Forex prioritizes excellent customer service and provides multiple channels for clients to reach out for support. The broker offers live chat, WhatsApp, and the option to request a callback, ensuring prompt and direct communication with their customer service representatives. Clients can also send messages online or reach out via email for assistance with their inquiries.

Customer Service

The broker's website includes a comprehensive FAQ section, which addresses common queries and provides helpful information. Easy Forex maintains an active presence on various social media platforms, including Twitter, Facebook, Instagram, YouTube, LinkedIn, and Weibo, allowing clients to stay updated on news, educational content, and market insights. The company address is openly provided, demonstrating transparency and accessibility.

FAQs

With their commitment to responsive customer service, Easy Forex aims to provide a seamless and supportive trading experience for their clients.

Pros Cons
• Multi-channel available • No 24/7 customer support
• Live chat support • No phone support
• FAQ section available
• Social media presence

Note: These pros and cons are subjective and may vary depending on the individual's experience with Easy Forex's customer service.

User Exposure on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. Our website provides a platform where users can access valuable information and resources to make informed decisions. We have a dedicated Exposure section where users can report fraudulent brokers or share their experiences if they have fallen victim to scams.

Our team of experts is committed to promptly addressing such concerns and taking necessary actions to resolve any issues. We prioritize the safety and satisfaction of our users, and we strive to maintain a trustworthy and transparent trading environment.

User Exposure on WikiFX

Education

A series of educational resources is available at the research section of Easy Forex, such as a comprehensive Trading Course, Free eBooks, and a Knowledge Base. These resources aim to empower traders with the necessary knowledge and skills to make informed trading decisions.

Additionally, the Trading Glossary helps traders familiarize themselves with industry-specific terms, while the Economic Indicators provide insights into key economic events that can impact the financial markets. The FAQs section addresses common queries and concerns, ensuring that traders have access to relevant information at their fingertips. With its robust educational offerings, Easy Forex strives to equip traders with the tools they need to enhance their trading skills and stay informed in the dynamic world of financial markets.

Education

Conclusion

Collectively, Easy Forex is a regulated broker that offers a variety of trading instruments, user-friendly platforms, and valuable trading tools. The broker's commitment to risk management and customer protection is evident through features like guaranteed stop loss and negative balance protection. However, there have been reports of scams associated with Easy Forex. Traders should exercise caution and conduct thorough research before choosing to trade with Easy Forex.

Frequently Asked Questions (FAQs)

Q 1: Is Easy Forex regulated?
A 1: Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC, License No. 079/07).
Q 2: At Easy Forex, are there any regional restrictions for traders?
A 2: Yes. It does not provide services to residents of certain regions, such as the United States of America, Israel, British Columbia, Manitoba, Quebec, Ontario and Afghanistan, Belarus, Burundi, Cambodia, Cayman Islands, Chad, Comoros, Congo, Cuba, Democratic Republic of the Congo, Equatorial Guinea, Eritrea, Fiji, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Laos, Libya, Mozambique, Myanmar, North Korea, Palau, Panama, Russian Federation, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Q 3: Does Easy Forex offer demo accounts?
A 3: Yes.
Q 4: Does Easy Forex offer the industry leading MT4 & MT5?
A 4: Yes. It supports easyMarkets platform (web/app), TradingView, MT4 and MT5.
Q 5: What is the minimum deposit for Easy Forex?
A 5: The minimum initial deposit to open an account is $25.
Q 6: Is Easy Forex a good broker for beginners?
A 6: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Are the transaction costs and expenses of fxpro, easyforex lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fxpro and easyforex are, we first considered common fees for standard accounts. On fxpro, the average spread for the EUR/USD currency pair is -- pips, while on easyforex the spread is --.

Which broker between fxpro, easyforex is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fxpro is regulated by CYSEC,FCA. easyforex is regulated by CYSEC.

Which broker between fxpro, easyforex provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fxpro provides trading platform including -- and trading variety including --. easyforex provides trading platform including -- and trading variety including --.

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