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Forex Broker - 4XP (Forex Place) Review
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| Company : | Easy Forex |
| Website: | www.easyforex.com |
| Established: | 2001 |
| Regulation: | AFSL, CySEC |
| Platform: | Trade Desk and MetaTrader 4 |
| Mobile Trading: | Yes |
| Spread: | Fixed |
| EURUSD: | 3 pips |
| Leverage: | 1:50,1:100,1:200 |
| Min Deposit: | $25 |
| Islamic Acc : | Yes |
| Funding Methods: | Credit card, Bank Transfer, Paypal |
| Rating: |
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Easy Forex Background
Easy-Forex is a long established Forex broker founded in 1999. Headquartered in Cyprus this broker has international offices in London, Chicago, Manila, Melbourne, Sydney, and Tel Aviv.
Easy Forex is fully regulated and holds licenses in Australia (ASIC AFSL 246566), the EU (CySEC 079/07) and is also a member of the National Association of Futures Dealers (NFA) in the United States.
Key Features of Easy Forex
- Unique 'Inside Viewer' tool provides clientswith a snapshot of all open day trades by Easy-Forex traders. This displays popularity, direction, structure, average stop loss and limit prices on trades.
- The Easy -Forex Trade Controller provides a visual representation of profit and loss scenarios for each trade taken.
- Account opening is offered in 12 base currencies (EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD, NOK, ILS, SGD and PLN)
Account types
Easy-Forex offers a range of account types to suit all levels trader. These start with the mini account through to the high end VIP account. The minimum initial deposit requirement to get started is $200 for a mini account.
Leverage ratios provided are 1:50, 1:100 and 1:200 (U.S. NFA capped at 1:100 ) Other ratios can be tailored to the trader, dependant upon the account type opened and regional restrictions.
In addition to a comprehensive range of Forex pairs, Easy-Forex clients can also trade many energy commodities (non US clients) and gold and silver.
Trading Platforms
Easy-Forex offers a choice of two main desktop trading platforms for clients..
TradeDesk is a unique trading platform and provides a complete environment for charting, market information and deal execution. TradeDesk is made up of a number of customisable applications which allows for personalised layouts to be created to suit the traders environment.
The platform is multi language and supports the following range of languages: English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish and Hebrew.
Alternatively clients can opt for Easy-Forex MT4. The MetaTrader platform gives the additional ability to use Expert advisors and undertake both hedging and scalping strategies. For those on the move MT4 mobile is also provided.
All Easy-Forex trading platforms come with a standard suite of trading tools including charting services, a continuous quality economic news feed from Reuters and forex technical analysis tools.
"Easy Forex is an established broker with a comprehensive range of account options. It's focus is on service and making Forex 'Easy', while still providing the features demanded by experienced traders. ."
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