In today’s world we are faced with many choices and choosing a Forex broker is no different. We’ve been in the retail Forex business longer than most and we understand that individual traders have different needs and wants. That’s why we continue to evolve to ensure you can trade in a safe, informed and supported environment.
Open Account
Online community
Join the largest forex group on Facebook and participate in the conversations, market reports and competitions. Get market tweets directly from our dealing room and be part of our professional Linked In group.
easy-forex
Easy to start
With just $25 you can open your own trading account. A simple 2 step sign up process and multiple payment options (including online credit card) makes opening an account with us one of the simplest and quickest you’ll find anywhere.
Personal Service
If you are new to trading your personal Account Service Manager will provide one-on-one training in your language. More experienced traders get great service and professional market insights from their Personal Dealer.
Easy choice for every trader
Whether you prefer to trade via the web, on your desktop, smart phone, iPhone or PDA we’ve got a platform to suit your needs. With your one trading account, you can trade on all our platforms.
Transparent cost
Ever heard ‘0 or 1 pip spread’? Sounds too good to be true? Well it is. We offer Fixed spreads – which means that whatever the market is doing, your spreads don’t change. Spreads and rolling fees, that’s all you pay with us – no commissions on deposits or withdrawals. There are no margin requirements/calls on our web platform and TradeDesk™ platform. With our MT4 platform you can start from just 0.01 lots and no margin is required to hedge positions.
Forex specialists
Make trading decisions knowing you are getting expert market analysis and technical reports, the way you want to receive them –SMS, Twitter, online chat, live news videos, emailed reports.
Continual growth
Whether you’re starting out or an advanced trader, you’ll benefit from our comprehensive online video education course. You can sharpen your trading skills on our no obligation Trade Simulator or get a free $100,000 Demo Account giving you access to all our platforms and trading services. And with us, your trading doesn’t have to just stop with you; if you’re ready to grow your own Forex business, talk to us about our Partner Program.
Security of funds
Your money is kept in a segregated account, ensuring that whatever happens, the money is always available to you. Secure online payments are safeguarded with Verisign with account base currencies available in EUR, GBP, USD, CNY, AUD, PLN, ILS, ZAR, NOK and JPY. Liquidity is provided by global Tier One banks.
Trusted
Since 2003 we’ve been servicing clients in over 150 countries worldwide. We are licensed in Europe, Australia and USA and have offices in London, Chicago, Limassol, Warsaw, Sydney and Melbourne. easy-forex® is audited yearly by PriceWaterhouseCoopers.
Full leverage on funds
Enabling 100% use of funds for leverage, no extra collateral
Leverage ratio
1:50, 1:100, 1:200; plus special tailor-made leverage ratios. Dependent on your account type and regional restrictions, contact your ASM for info.
Mini and various scope accounts; Special terms accounts
Yes
Minimum Initial Deposit
US$25.-
Minimum Transaction Size
US$5,000.-
Non-currency Forex products
Gold; Silver; Oil & other energy commodities (dependent on your region, contact your ASM for more info.)
Quotes on wide selection of currencies
All main currencies
Fixed Spreads (non-variable)
see Accounts & Spreads for more details
Upload account on-line
Yes
Licenses
Australia
ASIC AFSL 246566
EU
CySEC 079/07
Commissions and charges
Commission free deposits and withdrawals?
Yes - no fees
Islamic account terms
Yes (no renewal fee)
Renewal procedures and (rolling) Fees
0.01%-0.03%
Dormant account fee
Dormant accounts will be charged an annual maintenance fee of $25
Unique Trading features
Maintenance margin
Not required
Currencies for trading
all majors and many exotics, also Gold & Silver
Commodities for trading Energy commodities including: WTI Oil, Brent Oil, Heating Oil, Gas Oil
Base account currencies
EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD, NOK, SEK, ILS, SGD, PLN, CNY
Forward points calculation
Mid-rate: charge for interest rate spread may apply
Forwards Forex products
Available - according to regional restrictions, check with your ASM for more details.
Limit in Stop-Loss orders (reserved rates for capture)
Yes (enquire about limitations that may apply)
Trade Simulator Practice your trading strategies
The Trade Controller™
The ultimate visual trading tool, clear picture of profit/loss scenarios
The Inside Viewer™
See popularity of currency pairs traded, deal direction, open deals structure
Freeze Rate Facility
Yes (a few seconds to accept or dismiss a deal)
One-click-trading For instant deal execution
Regular Limit orders (reserved rates for capture)
Yes, reserved for 2 weeks duration
Regular Limit orders (for Islamic accounts)
Yes, reserved for 1 week duration (subject to change without notification)
Speedy Buy / Sell
Yes, no delay
Fractional pips
Yes
Stop Loss - Take Profit settings
Yes
Trading hours
Customer's access
24x7
Normal trading hours
06:00 Monday Sydney time until 17:00 Friday New York Time
Gold and Silver trading hours
01:00 – 17:30 GMT Monday - Friday
Trading outside normal trading hours
Usually incurs higher spreads. Trading may be disabled at Easy Forex discretion. Trading is usually disabled on Sundays after 14:00 GMT
easy-forex® technical maintenance
During Sundays when world market is not active
User's interface
24x7 Access
Yes
Account controlling by user
Full; real-time; direct; web-based (no need for download)
Customer Support
via email, chat or phone
Customer Support Languages
English; German; Arabic; Greek; Russian; Chinese; Spanish; French; Polish; Hebrew
Customization of User Interface
Yes
Ease of Use
High
Exotic currencies
Yes
Historical rate rolling
No daily re-evaluation, but rather on original rate for the renewal duration
Immediate (real-time) reflection of deal in user's position
Yes
Online Trading (independently, no need for Dealer)
Yes
Registration form
Fast registration; various languages
Start trading
After registration and deposit (Credit-Card)
Total Transparency: phone contact with site personnel
Yes
Trading site access 365 Days a Year
Yes
Web interface (NO Software or Application Download)
Yes
Website Languages
English; German; Polish; Greek; Russian; Chinese; Spanish; Arabic; French; Hebrew
Supporting tools
Charts/Economic Info and indices/ Technical Analysis
Yes
Forex News Live news, videos and special reports
Demo Accounts
One on one training available on request
Guided Video Tour
Yes
Informational background
Comprehensive Info Center
Live training
Yes (phone)
Mobile Phone rates online
Yes
Online Chat
Yes
SMS services (mobile phone)
Yes (in some regions)
Deposits and withdrawals
Commission on profit withdrawals
No commission charged
Fund withdrawals to Credit-Card account
Yes
Deposit facilities: Bank transfers
Yes
Deposit facilities: Credit Card (American Express)
Yes
Deposit facilities: Credit Card (MasterCard)
Yes
Deposit facilities: Credit Card (Visa)
Yes
Exchange procedure for deposit by accepted currency
No commission or spread - convert at mid-rate to the base
Business partners and world coverage
Data sources
Reuters;
International Network coverage
Europe; Asia-Pacific; Middle-East
Registered Company / headquarters
Limassol, Cyprus
International Offices London, Sydney, Melbourne, Limassol
Credit card clearing Barclaycard, RBS WorldPay
Data security and handling
Servers
Worldwide distribution (Akamai); US farm; UK farm
Streamline data
real-time updated
Transaction security
VeriSign
Currency Trading Times
Normal trading hours for most of our forex pairs are between 06:00 Monday Sydney time until 17:00 Friday New York time. MetaTrader 4 trading hours are between 07:00 Monday Sydney time until 17:00 Friday New York time. No trading is allowed during the weekend i.e. between 17:00 Friday New York time until 06:00 Monday morning Sydney time.
Gold and silver (XAU, XAG) trading starts from 22:15/23:15 GMT (Summer/Winter) Monday until 21:00/22:00 GMT (Summer/Winter) Friday. Gold and Silver (XAU, XAG) are at their most liquid between 00:00/01:00 GMT (Summer/Winter) - 17:30/18:30 GMT (Summer/Winter) Monday to Friday. Trading out of hours usually involves wider spreads.
OIL, BRT, HEO and GAS trading hours are between 02:00 – 21:00 London Time, Monday to Friday with no trading allowed after hours, if you need to liquidate a position during out of hours you can call our Dealing Room direct on +357 25 845 555 and request the deal to be closed, however this may incur a larger spread and at Dealer discretion provided a market exists at the time. Please visit the Commodities Trading section for further information and expiration dates.
Mexican Peso (MXN) trading hours are between 12:30/13:30 GMT (Summer/Winter) until 19:00/20:00 GMT (Summer/Winter), Monday to Friday, with no trading allowed after hours. If you need to liquidate a position during out of hours you can call our Dealing Room direct on +357 25 845 555 and request the deal to be closed, however this may incur a larger spread and at Dealer discretion provided a market exists at the time.
Czech Koruna (CZK) and the Polish Zloty (PLN) trade between 06:00 Monday Sydney time until 17:00 Friday New York time. Czech Koruna (CZK) and the Polish Zloty (PLN) are at their most liquid between 06:00/07:00 GMT (Summer/Winter) – 14:00/15:00 GMT (Summer/Winter), Monday to Friday. Trading out of hours usually involves wider spreads.
Turkish Lira (TRY) trades between 06:00 Monday Sydney time until 17:00 Friday New York time. Turkish Lira (TRY) is at its most liquid between 07:00 – 15:00 GMT, Monday to Friday. Trading out of hours usually involves wider spreads.
Please be aware that the opening time for normal trading on Mondays may differ from those stated depending on market conditions and that during these times spreads may vary.
easy-forex® makes its best efforts to perform the maintenance and upgrading of its website during Sundays, when the world market is not active.
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