Easy Forex Review

By mosesbet · Filed Under Forex Brokers Comments Off on Easy Forex Review 

As the name suggests, Easy Forex aims to provide a trading platform that is very easy to use for beginners and experienced traders alike. It was launched in 2003 by group of financial and forex trading experts. It is based at Cyprus and is regulated by the CFTC (Commodity Futures Trading Commission) in the US, ASIC (Australian Securities and Investment Commission) in Australia and CySEC (Cyprus Securities and Exchange Commission) in the EU. The ease of use and excellent reputation have made Easy Forex one of the most popular trading platforms in the industry.

Easy Forex Trading Platform and Features

Designed with the objective of making foreign currency trading easy and convenient for traders across the globe, the platform offers a clean, well organized and simple interface. It is especially useful for those who are new to forex trade as it is extremely easy to use and offers various learning tools. Their free forex trade training program is highly recommended for traders lacking experience. The platform also offers a number of advanced tools for experienced traders. These include charts, currency rates, daily outlooks, live quotes from Reuters and more.

Mobile Trading, iPhone and Blackberry Apps

Easy Forex platform enables you to conduct forex trade online as well as through mobile phone. It was the first broker to offer trading platform in no download format.  The Visual Trading Machine used by Easy Forex enables users to conduct trade without any constraints of place or time as there is no need for any download. Apart from English, Easy Forex is also available in a number of other languages like German, Polish, Greek, Hebrew, Arabic and Chinese. This ensures that people from different parts of the world are able to conduct trade with ease using this platform. Forex Trade also offers a unique app for iPhone users, which helps them keep up to date about the status of forex market and their account.  You can read more about Easy Forex’s Blackberry or iPhone App here.

The best thing about Easy Forex is the real time streaming offered by it. Many brokers offer quotes after a time gap and there is always a possibility of the quotes changing during this period, but the live streaming ensures that the quotes you see at Easy Forex are the latest and most accurate.

Different Types of Accounts Offered by Easy Forex

Setting up an account at Easy Forex is extremely easy. The registration process is simple and the site also offers the services of a personal trading manager to help customers. Easy Forex allows you to start trading with an initial deposit as small as $25. You can test the platform with their demo account. The spread offered to you will depend on the type of trading account you opt for. Different types of accounts include mini account, gold account, platinum account and special VIP account. The benefits go on increasing with each level. The spreads range from three pips for special accounts to ten pips for mini accounts.

The site also offers a number of options for convenient deposit/withdrawals. These include Pay Pal, bank wire transfers, credit cards and more. You need not worry about any commissions as the site earns through the spreads and does not charge any additional fee other than a renewal fee for extending day trading position over to the following day.

Customer Support at Easy Forex

Easy Forex gives high priority to customer support. You will be able to find answers for all common queries on their comprehensive FAQ page. You can also get in touch with their customer care representatives via email or live chat. Customer support is offered in many languages for the convenience of customers. Members with gold or VIP account can get immediate help from the dealing desk.

Features like easy to use interface, live quotes, ability to start trading with an initial deposit of just $25, training for beginners and a wide variety of financial tools for experienced traders, personal account management and impressive customer support make Easy Forex one of the best forex trading platforms.

 

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