EasyFXTrading Review

If you are looking for an online broker with a good reputation, then EasyFXTrading is the broker for you. This review will go over the main features of this broker to help you decide if it is the right one for you.

First, let’s look at the regulation. EasyFXTrading is a member of the National Futures Association and is regulated by the Commodity Futures Trading Commission. This means that it is a reliable and safe broker to use.

Next, let’s take a look at the trading platforms and instruments offered by EasyFXTrading. The broker offers two main platforms: MetaTrader 4 and WebTrader. MetaTrader 4 is a popular choice among traders because it is user-friendly and offers a wide range of features. WebTrader is also a good platform, but it is not as popular as MetaTrader 4. In terms of instruments, EasyFXTrading offers forex, CFDs, and metals trading.

Now, let’s move on to the pros and cons of using EasyFXTrading as your online broker. First, let’s look at the pros:
-The broker has a good reputation and is well-regulated
-The broker offers two popular trading platforms (MetaTrader 4 and WebTrader)
-The broker offers a wide range of instruments (forex, CFDs, metals)
-The minimum deposit requirement is only $100

And now

Regulations

Regulation is a process by which a government, or an international body, controls the financial industry in order to protect investors and ensure the stability of markets. In the case of EasyFXTrading, the company is regulated by the Cyprus Securities and Exchange Commission (CySEC). This regulatory authority imposes strict rules on companies that offer financial services, including forex brokers.

As a result of CySEC regulation, EasyFXTrading must adhere to certain standards with regards to its financial operations, client money protection, and dispute resolution procedures. The broker also offers negative balance protection to its clients, meaning that clients cannot lose more money than they have deposited with the broker. Overall, regulation provides some reassurance to potential clients that EasyFXTrading is a reliable and safe broker to work with.

Trading Platforms and Instruments

When it comes to online Forex trading platforms, EasyFXTrading is a well-regulated broker that offers its clients a wide range of options. The broker provides access to the global currency markets through the industry standard MetaTrader 4 (MT4) platform, as well as a proprietary web-based platform. Both platforms offer a variety of features and tools that can be used by traders of all experience levels.

Instrument-wise, EasyFXTrading gives its clients the ability to trade major, minor and exotic currency pairs, as well as CFDs on metals, energy and cryptocurrencies. The leverage offered by the broker is up to 1:500, which is relatively high compared to other brokers in the industry.

To sum up, EasyFXTrading is a reliable broker that offers its clients a wide range of instruments and features.

Pros and Cons

PROS:
– regulated by the Cyprus Securities and Exchange Commission (CySEC)
– offers a variety of trading platforms and instruments
– provides negative balance protection
– has a demo account available

CONS:
– spreads can be high
– leverage is capped at 1:30 for retail clients

Conclusion

Overall, EasyFXTrading is a reliable broker that offers a great selection of trading platforms and instruments. The company is regulated by the CySEC, which gives traders peace of mind that their funds are safe. There are some drawbacks to using EasyFXTrading, such as the high minimum deposit amount and lack of customer support, but overall it is a good broker to consider for online trading.