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Choose Easy-forex, it realy easy for y0u ..

2010-01-12T23:31:00.000-08:00

If you’re a beginner, Easy Forex comes first to mind for a Forex broker, and not just because of the title having the word “easy”, it really is. Easy Forex founded in 2003, is well established internationally with offices all around the world; while the main head quarters of the company are based in Cyprus (part of EU).
Before I continue allow me to add a little disclaimer. All information in this review is as per the official Easy Forex website on the day this article is published. They can change their services and website at their discretion, and should that happen I may not necessarily be aware of it to update this page. Please check the official site to confirm any details if you’re making any financial decision.

With that out of the way, let’s continue. Easy Forex is regulated by Cyprus Securities and Exchange Commission (CySEC) in EU, Commodity Futures Trading Commission (CFTC) in US, and Australian Securities and Investment Commission (ASIC). In other words, they have enough credentials to be trustworthy.
This broker makes the money in two ways – through the spread and a fee for trades that carry over to another day. If you’re day trading, keep in mind that the fee is charged at 22:00 GMT (please verify this on the official site, as it may be different at the time you read this), so depending on your local timezone it may interfere with your day trading session.
The fees might seem high, but considering there’s no interest, or transaction fees, it is quite reasonable.
Easy Forex offers three account types:

Mini with $200 minimum first deposit, $5,000 minimum deal size and $25 minimum margin to risk.
Gold with $500 minimum first deposit, $50,000 minimum deal size and $250 minimum margin to risk.
Platinum with $5,000 minimum first deposit, $250,000 minimum deal size and $1,250 minimum margin to risk.
VIP with $10,00 minimum first deposit, $500,000 minimum deal size and $2,500 minimum margin to risk.

In addition to different limits, the accounts offer different level of services, such as SMS alerts, technical analysis signals and personal dealer (not available in Mini plan), professional charting package (available in Platinum plan and up), and even custom technical analysis reports available for VIP account holders.
Unlike most brokers, Easy Forex tries to make trading really easy with their simple to use and beginner friendly web-based platform. It’s simple and convenient, but it also means you can’t use the popular Meta Trader platform, which is bad news for Forex robot users – the most you can do is use your Expert Advisor as signals software and manually open trades over at Easy Forex.
Giving up live trading on MT4 might be worth it, though, especially if you’re a beginner. Opening account with this broker is really easy and you can be trading within minutes. The registration process is a simple two step process – all it takes is to enter your personal and account details, answer a few questions about the level of your income and finally verify your email address. No paperwork as with most brokers is required.
After you have your account open, you can deposit some money via credit card and start trading. Optionally, bank wire and PayPal deposit methods are available. A word of caution here, be careful if you use your credit card to fund your account – if due to careless trading you lose the whole account, your credit card may be charged automatically as a margin call. Even though you have to really screw up to have that happen, it may be safer to use a bank transfer or PayPal to fun the account for maximum control over your money, if that’s a concern to you.
Also, before you can withdraw the money, you will have to send some papers over to them due to financial regulations. It’s a little annoying thing, but that’s inevitable.
Once ready to trade, you can trade all major currencies as well as some commodities, such as oil and gold (availability depending on your location).
A trading simulation is available, which works as a demo account for you to test the waters. It’s an exact replica of the real system so you can familiarize with it at no risk.
Simple charts are available to watch the market and you can place orders with Stop Loss and Take Profit, as well as Limit and Forward orders through a simple form. The process of opening a position is a two step process, since you have to place the order first with a pre-calculated stop loss, and then you can modify the order to adjust the stop loss and set your take profit. The Trade Controller tool provides you with a visual aid to set or modify stop loss and take profit by calculating potential profit scenarios. That’s a nice feature to have.
The open orders are well presented and easy to manage. The full trading statements are also available under your account.
A very interesting feature is the Inside Viewer™, which gives you information about what other Easy Forex traders are doing. The information consists of three indicators – popularity, direction and structure for your selected currency pair. The popularity shows the fraction of the pair’s activity in the whole broker’s market (in other words, which pair is the most traded), while the direction shows which direction the traders are going today overall. The structure shows the average rate, stop loss and take profit. These bits of information may provide to be very useful to determine the day’s market mood and how it changes through out the day.
Among other tools available in Easy Forex platform, there’s a calendar of important economic events, live quotes, Forex news and analysis reports, videos, tutorials and so on.
The final verdict? Easy Forex is a trusted and a very user-friendly broker, the platform is as simple as it gets and if you want to start trading Forex right now, you can do that by opening an account within minutes with no tedious paperwork or waiting.
And finally, remember that trading Forex is risky, so before starting trading with a real account, consider and understand it and never risk what you cannot afford to lose.

Click here for additional details

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Why you choose easy-forex ?

2010-01-12T23:19:00.000-08:00

Q: Your money is held in an Australian Bank
A: All account deposits held at ANZ Bank Australia. Easy-Forex Pty Ltd. Is an Australian company. ASIC license (No. 246566) enables the company to act as a Market Maker, Dealer and provider of General advise in the Forex Derivative market. We realized the importance of keeping your trading funds on-shore, Easy Forex trading funds are held in a trusted ANZ Australia bank account.

Q: Freeze & Trade ® Freeze the Rate you see for buying and selling
A: Unlike any other trading platform today, Easy-Forex offers you the possibility to Freeze the Buy or the Sell Rate that you see for a few seconds, irrespective of Rates movement. This means that the rate you see and freeze is the rate you get.

Q: Making Deposits with your Credit Card
A: Easy-Forex is the only FX platform which allows you to deposit margins and pay premiums with your credit card! That means you are able to execute your deal deposits at any time, regardless of banking work days or hours. Easy-Forex cares about protecting your privacy as well as your security, and does so in a professional and serious way. We use the latest technologies and regulations in order to provide security shield for your credit card and privacy. Please read our terms & conditions.

Q: Competitive spreads, No commissions
A: With Easy-Forex you do not pay commissions for the deals you make!! Easy-Forex acts as a market maker, and makes its earnings from the spreads that are embedded in the currency rates. In the "Day trading" zone you may roll over your positions and then you pay a renewal fee. Please see our terms & conditions.

Q: Real time streaming quotes
A: The Easy-Forex high-edge system uses the latest highly sophisticated technologies in order to offer you up-to-the-minute quotes. You may check your accounts and positions in real time, you may do so 24 hours a day, and make a deal based on real-time information. Easy-Forex believes it is highly important for you to be able to control your funds whenever you wish, and base your deals on real-time information. That is the level of service you deserve!!

Q: Full control over your account and positions
A: With Easy-Forex you are able to control your costs and risks. At Easy-Forex we believe your financial activities should be under your full control. Easy-Forex uses the latest technologies in order to ensure your stop-loss orders. Easy-Forex is committed to the principle that you never lose more than what you are prepared to lose. Please see our terms & conditions. Moreover, Easy-Forex will watch the market fluctuations for you, when you open a Limit order Day Trading deal: you set your preferred exchange rate for a Day Trading deal, and Easy-Forex shall watch and monitor the occurrence of such opportunity for you. When and if the market rate reaches the rate you defined - Easy-Forex shall automatically perform the Day Trading deal for you. This unique service is FREE OF CHARGE!!

Q: No software Download
A: Easy-Forex trading platform is the only platform that enables users to start deals immediately. Unlike all other online trading platforms, Easy-Forex eliminates the need to download proprietary software.

Q: Guaranteed Stop-Loss Rate
A: Easy-Forex guarantees your stop-loss rate by using the latest technologies. We are committed to the principle that you never lose more than your stop-loss amount at risk, as defined by you. Please see our terms & conditions.

JOIN NOW

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