Easy Way Global Forex Broker

Easy Way Global Review SummaryFounded2007Registered Country/RegionMalaysiaRegulationLFSA (Suspicious Clone)Market InstrumentsForex, CFDs on indices, metals, and energiesDemo Account✅Leverage/SpreadFrom 0.9 pips (Executive account)Trading PlatformMetaTrader 5 (MT5)Minimum Deposit$50Customer SupportPhone: +60392122124Email: info@easywayglobalfx.comEasy Way Global Information Easy Way Global, founded in 2007 and headquartered in Malaysia, claims to operate under a legal Labuan Financial Services Authority license, despite the fact that it is not officially allowed. The company provides Forex and CFD trading on MT5, with different account types.Pros and ConsProsConsDemo accountsSuspicious cloned LFSA licenseMT5 platformNo Islamic accountLow minimum deposit ($50)Multiple account types for different trader levelsNo deposit/withdrawal feesIs Easy Way Global Legit? No, Easy Way Global Limited is classified as a suspicious clone, which means it falsely pretends to be governed by a legal license that it does not possess.Regulatory StatusSuspicious cloneRegulated byLabuan Financial Services Authority (LFSA)Licensed InstitutionEasy Way Global LimitedLicense TypeStraight Through Processing (STP)License NumberLL17517What Can I Trade on Easy Way Global? Easy Way Global provides investing services focusing on Forex and CFD trading, with assets including indices, metals, and energy.Trading InstrumentsSupportedForex ✔CFD on Indices✔CFD on Metals✔CFD on Energies✔Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Easy Way Global offers five different types of live trading accounts, although only two (Executive and Premiere) have full information available to the public. The company also advertises a demo account, but no mention of an Islamic (swap-free) account.Account TypeMinimum DepositExecutive$50Premiere$10,000Easy Way Global Fees Easy Way Global's costs are relatively expensive in comparison to industry standards, particularly on its Premiere account, which charges a $6 commission per normal lot. While the Executive account has no commissions, the spreads begin at 0.9 pips, which is more than what top-tier regulated brokers give for entry-level accounts.Account TypeSpreadCommissionExecutiveFrom 0.9 pips$0PremiereFrom 0.2 pips$6/lotTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable ForMetaTrader 5 (MT5)✔Windows, macOS, Android, iOSExperienced tradersMetaTrader 4 (MT4)✘–BeginnersDeposit and Withdrawal Easy Way Global does not charge any deposits or withdrawal fees. The minimum deposit is $50, depending on the payment method and account type.Payment MethodAccepted CurrenciesMinimum DepositMaximum DepositDeposit FeesDeposit TimeBank TransferUSD, EUR0No maximum0Up to 3 business daysVisa/MasterCard2550,000InstantPerfect Money10,000