General Information & Regulation
Easy forex was established in 2003, an online trading services provider. It is headquartered in Cyprus with offices, FX trading rooms and customer support centers in over 160 countries worldwide. easy-forex assumes the position of a market maker, with its liquidity providers being UBS and The Royal Bank of Scotland (RBS). Easy forex is licensed in Cyprus by CySEC, under the license number 079/07.
Market Instruments
Traders can select over 175 products ranging from currencies, commodities and metals, to options, using their desktops, tablets or smartphone devices with account. Easy forex offers a wide range of Energy Commodities including WTI Crude Oil, Brent, Natural Gas, Heating oil and Gasoil. There are also several energy commodity pairs such as HEO / USD, OIL / USD and others.
Minimum Deposit
Three account options provided by Easy Forex, namely Standard, Premium and VIP accounts. The Standard account requires a minimum deposit of $25. Demo accounts are available and traders can trade on mobile, desktop or online. There are free personal trainers, guaranteed stop-loss and other features similar to a real account.
Easy forex Leverage
The leverage options are either 100:1, or 500:1 according to the type of the account traders prefer to open on Easy Forex website.
Spreads & Commissions
The type of the account will also determine the spread offered to the client, ranging from 3 pips for a standard account, 2.5 pips for the Premium and 1.8 pips for the VIP account.
Trading Platform
There are four available software types on Easy Forex: MT4, Easy Forex mobile platform, TradeDesk-just like MetaTrader, Visual Trading Machine (a web-based platform that is specially designed for Easy Forex Website).
Deposit & Withdrawal
Funding to easy-forex accounts can be done with credit cards or via bank wires. They accept 12 different currencies. Withdrawals are done by filling out an online form. Funds are returned using the same methods as the deposit.
Customer Support
Traders can contact an easy-forex representative by telephone at the brokers two main offices in Limassol and Sydney. Queries can be sent by email and snail mail can be sent to easy-forex at their address in the Marshall Islands. Live Chat is also available. Commodities and Indices are traded as CFDs and settle two working days prior to the underlying exchange expiry at 12:00 GMT. The expiration of each CFD is clearly stated in the trade ticket as are open positions and MT4 Market Watch. Options can be set to expire up to six months from initiation date. On any given day, options that expire do so at 10:00 AM New York Time.
