Easy Forex Review
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The choice of platform you use to trade the forex market can make a big difference. So, it’s important to be sure that you understand all of the ins and outs before deciding to move forward – or even continuing to trade – with a particular product.
Some of the more popular forex trading platforms tout ease of use, faster trade execution, and an array of other features to lure potential traders. If you’re looking for a great way to increase your success, while saving yourself time and effort when trading currencies, then Easy Forex is definitely worth closer look.
What Does Easy Forex Offer for Traders?
Easy Forex offers a comprehensive array of trading tools for beginners and pros alike. Traders can purchase and sell via computer or phone, 24 hours a day, 7 days per week. With access to currency rates, charts, traders can place orders and close deals when the time is right for them.
Other features include:
- Inside Viewer. This real-time viewer shows traders trends and trades based on what others in the market are doing.
- Trade Controller. Traders can test potential profit scenarios by visually adjusting the stop loss and take profit rates.
- SMS Alert Service. Users are no longer tied to their computer for forex trading as this sends requested market information to certain cell phones.
- Outlooks. Outlooks for both daily and weekly currency movements allow traders to preview the upcoming day or week in order to obtain a bigger picture perspective on potential trades.
- Numerous Charts. For those who are more technically oriented, Easy Forex offers a wide variety of charts and graphs for analysis.
- Live News Feeds. Regular Reuters feeds keep traders well informed of any updated currency news.
- Interest Rate Tables. The interest rate table provided to Easy Forex traders gives users a powerful perspective on interest rates worldwide. These rates can be key in forex trading.
- Economic Indicators. Financial calendars and economic indicators keep fundamental analysis updated with announcements that could have an effect on future forex rates. In addition, calendars of various global holidays are included as these days can also have an impact on forex trading.
Easy Forex Education & Support
For traders who have questions or concerns, Easy Forex makes it convenient to get issues resolved. Traders can get in contact with customer service reps 24 / 7 via email, online chat, or phone. This is a real benefit because it allows traders to get necessary information quickly, without having to wait hours or days to do so.
Traders who are interested in learning how to trade – or in growing their trading volume – will see that Easy Forex offers a wide range of educational materials and web tutorials – including a video library and downloadable books that will walk through every step of the process.
Beginning traders can even open up a free account and obtain resources at no charge. In addition, traders have access to a fully functioning trade simulator that uses play money but real time trading information. This allows traders to get a first hand view of how trades will work, without the risk of financial loss.
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Easy-Forex At A Glance
| General Trading Features | |
| Minimum Deposit | $200 |
| Minimum Transaction Size | $2500 |
| Non-currency Forex Products | Gold; Silver; Oil (not in the USA) |
| Currencies Traded | All Main Currencies |
| Spreads | From 2 Pips |
| Commissions & Charges | |
| Commission free trading? |  |
| Commission free deposits & withdrawals? | |
| Unique Trading Features | |
| Accepted currencies for deposits | 12 currencies |
| Base account currencies | EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD, NOK, ILS, SGD, PLN |
| The Trade Controller | The ultimate visual trading tool, clear picture of profit/loss scenarios |
| The Insider 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) |
| Speedy Buy/Sell | Yes, no delay |
| Stop Loss executed exactly on rate | Yes (per the exact rate defined by trader) |
| Trading Hours | |
| Customer Access | 24×7 Access |
| Normal Trading Hours | 06:00 Monday Sydney time until 17:00 Friday New York Time |
| Gold & 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 |
| User’s Interface | |
| 24 x 7 Access | |
| Customer Support | via email, chat or phone |
| Ease of Use | very friendly |
| Online Trading | |
| Web Interface | |
| Website Languages | English; German; Polish; Greek; Chinese; Spanish; Arabic; French; Hebrew |
| Supporting Tools | |
| Demo accounts | One on one training available on request |
| Live Training | via Phone |
| Online Chat | |
| Deposits & Withdrawals | |
| Commission on profit withdrawals | No commission charged |
| Fund withdrawals to credit-card account | |
| Deposit Facilities | Bank transfers, Visa, MasterCard, Amex, PayPal |
| Data Security & Handling | |
| Streamline Data | real-time updated |
| Transaction Security | VeriSign |
The Upside & The Downside
As with any popular product, there are both advantages and disadvantages with Easy Forex. One downside is that even though Easy Forex offers SMS alert services, this is not free. Otherwise, Easy Forex is a great platform that gets newer traders up and running quickly, while allowing those who are more advanced to dive right in and get trades initiated and processed almost immediately.
What Are Traders Saying About Easy Forex?
If you really want a good feel for how the platform works, you can go straight to the source – actual traders who are using the product and finding out for themselves how it can benefit them in their forex trading activity.
So what are traders saying about Easy Forex?
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“The entire concept of helping the customers become better traders, and at no cost, is remarkable. The straightforwardness of the instructor and of the presentation. To the point, no senseless / useless aspects. The obvious intention to help. Leaving the door open for future questions and comments. The strategy of trading in lots of 3, and the position management of same.” Dan B., Quebec, Canada
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“I’ve been using Easy Forex for about a year, no problems at all.” User comment from ForexForums.com |
The Bottom Line
Easy Forex is certainly a top performer in the forex trading arena. The platform offers everything that traders need, in addition to a variety of extra features such as education and tools to help traders grow their business – and their profitable trades – regardless of where they are in their trading experience level.
Please comment below and tell us your real user experiences.
