Easy Trading Online Forex Broker

Easy Trading Online Review SummaryFounded2023Registered Country/RegionAustraliaRegulationASIC (Exceeded)Market InstrumentsForex, commodities, indices, stocks, cryptocurrenciesServicesFinancial derivatives brokerage, wealth management, investment funds, financial technology, and IT servicesDemo Account✅SpreadFloating from 0 pipsLeverageUp to 1000xTrading Platform/Minimum DepositUSD 50Customer SupportContact formEmail: support.en@easytradingol.comFacebook, Instagram, YouTube, Twitter, LinkedInEasy Trading Online Information Easy Trading Online was initially registered in Sydney, Australia and has expanded its footprint all over the world in more than 40 countries and regions in Asia, Europe and Australia. It currently offers trading services in more than 3,000 instruments, mainly in forex, commodities, indices, stocks, and cryptocurrencies. Besides, the company also involves in financial services including wealth management, investment funds, financial technology, and IT services. It offers a risk-free demo account and two live accounts, with an affordable minimum deposit USD 50 and tight starting spread from 0 pip. In addition, trading tools such as VPS, signal follow and forex calenders are available to enhance trading efficiency. Educational training courses and investment analysis research further equip traders with necessary knowledge for successful trading. If you are a loyal trader for this broker, you'll receive incentives by participating their promotion programs. However, one crucial thing that should raise your great attention is that the broker exceeds ASIC regulation, requesting extreme cautiousness from you before deciding to trade with them.Pros and ConsProsConsDemo accountsExceeded ASIC regulationAffordable minimum depositLimited transparency on trading conditionsTight starting spreadsOvernight interest chargedNo deposit feesNo direct contact channelRich educational resourcesIs Easy Trading Online Legit? Easy Trading Online is currently being regulated by Australia Securities & Investment Commission (ASIC) with license no. 000346282. However, you should aware that the regulation status is exceeded, indicating possible engagement in financial activities beyond what is legally permitted by ASIC.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.ASICExceededEASY TRADING ONLINE PTY LTDInvestment Advisory License000346282What Can I Trade on Easy Trading Online?Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Stocks✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type Easy Trading Online offers a demo account simulating real trading, allowing traders to practice their trading strategies without losing real money. Further, two tiered live accounts are also avialable to suit varying needs for different client groups:Account TypeMinimum DepositCommissionStandardUSD 50❌UltraUSD 1000✔Leverage While Easy Trading Online offers leverage up to 1000x, traders should use leverage cautiously and choose the product that best suits their experience levels to avoid huge losses.Deposit and Withdrawal Easy Trading Online claims to offer 18 funding methods with 15 currencies available. Funding methods include debit/credit cards (VISA and MasterCard), telegraphic transfer, and e-wallets (Skrill, POLi), ect., with no deposit or withdrawal fees charged to traders. Processing time is instant, with a settlement time of 12 hours.Fees Easy Trading Online charges fees for overnight interest and dividend adjustment, calculation formula as below:For overnight interest: Currency pairs, precious metals and index CFDs: Overnight Interest = (Lots x Pips) x (Long/Short Position x Number of Trading Days) Stock CFDs: Overnight Interest = Lots x Contract Size x Market Price x Long/Short Position x Number of Trading Days / 100 / 360For dividend adjustment (for stocks): Dividend adjustment amount = Dividend per share × contract size per lot × volume (lots)Incentive Program Easy Trading Online offers promotional campaigns to incentivize traders through cashback rewards and performance-based profit-sharing opportunities.Cashback Rewards Traders receive cashback rewards based on their account balance, transaction volume, and frequency.Account BalanceLot Size / TransactionPosition DurationMin. Transactions / DaySingle Cashback RewardDaily BonusMonthly Bonus (22 Trading Days)$5000.01 Lots5 minutes5 times$0.45$2.25$49.50$5,0000.10 Lots5 minutes5 times$4.50$22.50$495.00$10,0000.20 Lots5 minutes5 times$9.00$45.00$990.00$20,0000.40 Lots5 minutes5 times$18.00$90.00$1,980.00Trading Elite Program This program allows traders to access capital funding and profit-sharing benefits by passing an evaluation process.