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EasyMarkets Review

Regulation: CySEC, ASIC
Special Offer: Up to 50%
Up to $2,000
Minimum Deposit: $200
Available Cryptocurrencies: Bitcoin, Ethereum, Ripple
Spreads From: $25
Max Leverage: 10:1
Deposit Options
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EasyMarkets Cryptocurrency Trading

EasyMarkets is one of the ranking online brokerages for Forex, CFD trading, commodities trading, indices, options and Bitcoin. The company has been in operation since 2001, making it one of the most experienced brokerages on the market. In 2003, EasyMarkets obtained its ASIC license, and by 2007 it received CySEC licensing and regulation. EasyMarkets supports full mobile functionality, on iOS and Android devices and in 2017 the platform introduced cryptocurrency trading with the premier digital currency, Bitcoin.

Among the many benefits of registering at this online broker include the following: full complement of CFD trading across multiple sector such as agricultural commodities, energy commodities, indices, spot metals, FX pairs, FX forwards, Bitcoin CFDs and more. Since crypto is a relatively new addition to EasyMarkets range of offerings, many new features are continually being added. For example, the decentralized cryptocurrency, Bitcoin enjoys ranking status at this broker.

Cryptocurrency is touted as an alternative to fiduciary currency such as the GBP, USD, and EUR, and EasyMarkets provides comprehensive educational resources to inculcate traders with the necessary knowledge about trading digital currencies. Among others, clients can enjoy complimentary Bitcoin e-books and full trading features on MetaTrader 4. It is free to sign up, and the registration process can be completed in a matter of minutes.

Features of cryptocurrency trading at EasyMarkets

When clients decide to trade digital currency like Bitcoin on the MT4 platform, there are a host of powerful features that can be enjoyed. These include full access to the MetaTrader4 WebTrader platform, and its wide range of products and services. Among others, clients can enjoy take profit, stop loss, fixed spreads, expert advisors, price-action alerts and a suite of chart indicators. These are geared towards making your cryptocurrency trading experience as easy and enjoyable as possible.

The MetaTrader4 platform is peppered with analytical tools. These are geared towards enhancing the quality of client trades by highlighting risk factors, and maximizing trading opportunities. MetaTrader4 is the world’s most sophisticated and advanced currency trading platform, and it has been optimized for digital currency trading. Full transparency is available at all times, with fixed spreads on digital currency assets. Plus, traders get to enjoy enhancements such as take profit and guaranteed stop losses. The free Bitcoin e-book serves traders well by providing expert insights in an easy-to-understand fashion.

The cryptocurrency 101 section provides intelligent insights into trading digital currency. Cryptocurrency CFDs (contracts for difference) are available for Bitcoin. There is no need for exchange accounts, compliments of virtual wallets. Bitcoin and other digital currencies can be traded in rising or falling markets against the greenback, and traders simply need to anticipate price movements of the asset, rather than purchasing the asset and holding it. Digital currency assets are extremely volatile, and prices can rise or fall significantly. EasyMarkets offers an easy way for clients to enjoy BTC trading on the platform via CFDs. Since the digital currency is powered solely by speculative demand, it is not reliant on central bank intervention or government rules and regulations. The MT4 trading platform allows for lightning fast trades, and real-time updates of cryptocurrency activity.

Quick and Easy Steps to Trade Cryptocurrency at EasyMarkets

EasyMarkets provides clients with a powerful trading app for Android and iOS devices. It is even possible to undo losing trades with the app. The innovative dealCancellation feature allows clients to cancel losing trades within the first one hour and recover all losses that may have accrued. The apps are readily available via the Google Play Store or the App Store.

To get started with cryptocurrency trading, clients must register an account. The live trading sign up requires entry of your first name, last name, email, country, telephone number, and confirmation that you are 18+ years of age. Once you have verified your account information, you can proceed to the cashier to make a deposit and start trading digital currency.

The trading app is ideal for Bitcoin clients, given that this is the most volatile financial instrument currently on the market. Among the many features on the app include market explorer, price notification updates, real-time charts and graphs, a financial calendar, mobile funding and mobile withdrawals. Other great features include market news and updates, customer support accessibility, full access to all account features, uploading documents, pending orders, password changes, transaction reports, technical indicators and trendlines, and the proprietary dealCancellation feature.

The EasyMarkets Trading Platform

The EasyMarkets trading platform offers clients access to 300+ markets including for pricing and spreads on options, indices, commodities, metals, Forex, and cryptocurrencies. On certain assets, there is up to 400:1 leverage, and will clients have access to free lifetime demo trading accounts. The most notable aspects of the cryptocurrency trading components are complete price transparency, fixed spreads, negative balance protection, and customer support 24/7. Guaranteed stop loss orders and dealCancellation makes digital currency trading on the mobile, PC and Mac platforms a breeze. No exchange account is needed to trade Bitcoin since clients do not purchase the actual digital currency – they simply trade based on price movements. Cryptocurrency CFDs are derivative trading instruments with a full suite of features available at EasyMarkets. Thanks to leverage, traders can easily access a huge trade volume than they typically would with Forex. All of the trading activity takes place on MT4 – the most sophisticated and intuitive trading platform.

 

Final Thoughts
Pros

 

  • EAs and MetaTrader4
  • ASIC licensing and Regulation
  • CySEC licensing and Regulation
  • Full Mobile Functionality for Crypto Traders
  • Demo trading account with unlimited trading balance

 

 

Cons

 

  • Limited cryptocurrency options
  • Restricted regions include US, Israel, Iraq, Yemen, British Columbia, Ontario, Manitoba and others 
  • Registration needed before accessing Demo Platform
Top 5 Bitcoin Brokers