Easy Trading Online Forex Broker

What is Easy Trading Online？

　　Easy Trading Online is a regulated online trading platform based in Australia, with oversight from the Australian Securities and Investments Commission (ASIC). Being regulated means that the firm adheres to strict regulatory standards, offering a reliable and secure trading environment for its users.

Pros & Cons

Pros:

• High Leverage up to 500:1: Easy Trading Online offers a very high leverage of 1:500, providing traders with the potential to amplify their positions. This can be advantageous for those seeking increased exposure to the market.
• Demo Account Available: A demo account allows users to practice and familiarize themselves with the platform and trading strategies without risking real capital.
• Low Spreads: Easy Trading Online provides low spreads, starting from as low as 0.1 pips. Low spreads can contribute to reduced trading costs for users.
• Regulated by ASIC: The brokerage is regulated by the Australian Securities and Investments Commission (ASIC), adding a layer of oversight and potentially increasing user trust.
• MT5 Supported: Easy Trading Online supports the MetaTrader 5 (MT5) trading platform, offering users an advanced and feature-rich trading environment.
• 24/7 Customer Support: The availability of round-the-clock customer support ensures that users can seek assistance or resolve issues anytime, enhancing the overall customer experience.

Cons:

• Regional Restrictions on Many Countries: Easy Trading Online imposes regional restrictions on several countries, including the United States (USA), Ontario Province in Canada, North Korea, Iran, and New Zealand. This limits access for potential users residing in these regions.

Is Easy Trading Online Legit？

• Regulatory Sight: Easy Trading Online operates as an Appointed Representative (AR) under the regulatory oversight of the Australia Securities & Investment Commission (ASIC). This regulatory status, indicated as “Regulated,” ensures that the broker complies with the regulatory standards established by ASIC. With license number 001304951, Easy Trading Online's regulatory affiliation with ASIC provides traders and investors with the assurance of a regulated environment, fostering trust and adherence to financial regulations.

• User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
• Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

　　Easy Trading Online offers some popular markets to trade on, including futures, forex (foreign exchange), precious metals, commodities, and stock indices.

Account Types

　　Easy Trading Online offers two distinct account types: the Standard Account and the ECN (Electronic Communication Network) Account (Professional Account), catering to different trading preferences. The Standard Account requires a minimum deposit of $100, making it accessible to a broader range of traders. On the other hand, the ECN Account demands a higher minimum deposit of $5,000, targeting more experienced and high-volume traders. Both account types provide compatibility with Expert Advisors (EAs), facilitating automated trading strategies. Additionally, Easy Trading Online offers an attractive explosion proportion of 30%, enhancing the potential profitability for traders on both account types. This feature is particularly appealing to those seeking competitive trading conditions and opportunities for increased returns.

　　In addition to its standard features, Easy Trading Online offers a noteworthy benefit: a complimentary demo account exclusively for ECN (Professional Account) users. This free demo account allows traders to practice and test their strategies in a risk-free environment before engaging in live trading. This feature can be particularly advantageous for ECN account holders who wish to refine their trading skills and explore the platform's functionalities without any financial risk.

How to open an account with Easy Trading Online？

　　Step 1: Sign Up: Visit the Easy Trading Online website and click on “Register” to create a new account. Fill out the registration form with your personal details.

　　Step 2: Verify: Easy Trading Online will likely require verification to comply with regulations. This may involve submitting documents like ID proof and proof of address.

　　Step 3: Deposit: Once your account is verified, fund your account using a preferred payment method offered by Easy Trading Online.

　　Step 4: Start Trading: After your deposit is successful, you should be able to access the trading platform and begin buying and selling your chosen assets.