The trading platform is easy to use and offers good training and customer support.
Spreads are costlier compared to many other forex brokers and its web-based platform can be slow to react at times.
Ignore EasyForex if you are looking for the lowest cost broker. Choose it only if your priority is convenience, customer support, and the security of your money.
EasyForex FX Trading Platform Review - What are the traders saying?
EasyForex FX is one of the better known forex brokers because it has been in the retail forex business longer than most of its competitors. Being an experienced broker has its own advantages because the company understands the needs of the traders more closely. The trading platform is relatively safer and easier to trade, and customer support service is dependable and works relatively efficiently.
Easy to Operate
Traders can open a trading account with EasyForex with just $25. The sign-up process is quick, and the payments can be made online via a credit card. The platform allows you to trade conveniently on your desktop, through the Internet, or your smart phone or PDA. New traders can receive one-one-one training in their language from the personal Account Service Manager assigned to them. Experienced traders can acquire professional market insights from their Personal Dealer.
Technical reports and market analysis and tips are provided through email, SMS, online chat, Twitter and live news videos. EasyForex is also the largest forex group on Facebook, where you can engage in conversations with other traders. Online video education courses, Trade Simulator and Demo Account are provided free of cost to all traders. The company also offers a Partner Program if you are keen to expand your forex business with EasyForex.
EasyForex FX trading platform offers Fixed Spreads, which means that your spreads do not change, regardless of how the market is behaving. The company will charge spreads and rolling fees, but no commission on withdrawals or deposits.
No hidden costs are involved, and no margin calls or requirements. However, fixed spreads does not mean cheaper spreads. When you compare the costs of spreads from EasyForex with its competitors, you will realize it is certainly not among the cheapest or low cost forex trading platforms around.
Safety and Trust
Your money is secure in a separate account, which ensures that you can access your money at any time easily. Online payments are secure, and liquidity is provided by global Tier One banks. EasyForex has been serving customers in more than 150 countries since 2003. The company’s accounts are audited each year by PriceWaterhouseCoopers.
What Others are Saying
Editors of forex trading related websites and discussion forums have a positive view of EasyForex. However, the opinions of traders and customers of the platform are largely against the company. The most common complaint against the platform is that the spreads are pricier compared to most of their competition. The second most common complaint is that web based trading activity is not very efficient or reliable.
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Company and Product Information
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