Company profile
EasyForex Review SummaryFounded2025Registered Country/RegionAustraliaRegulationASIC (Suspicious Clone)Market InstrumentsForex, cryptos, metals, commodities, indices, optionsDemo Account❌Leverage/SpreadFrom 1.8 pipsTrading PlatformMT4, MT5, The easyMarkets Mobile AppMinimum Deposit$200Customer Support24/7 supportContact formSocial media: Facebook, YoutubeEasyForex Information EasyForex is a suspicious clone broker, offering trading on forex, cryptos, metals, commodities, indices and options with spread from 1.8 pips on MT4, MT5 and the easyMarkets Mobile App trading platform. The minimum deposit requirement is $200.Pros and ConsPros Cons MT4 and MT5 platformsWide spreadsNo deposit/withdrawal feesSuspicious clone ASIC licenseNo demo accountsHigh minimum deposit requirementIs EasyForex Legit? EasyForex is licensed by ASIC to offer services, but suspicious clone. EasyForex provides negative balance protection to protect their clients' fund security.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Australia Securities & Investment Commission (ASIC)Suspicious CloneEASYMARKETS PTY LTDMarket Maker (MM)000246566What Can I Trade on EasyForex? EasyForex offers trading on forex, cryptos, metals, commodities, indices and options. Tradable Instruments Supported Forex✔Cryptos✔Metals ✔Commodities✔Indices ✔Options ✔Stocks❌Bonds❌ETFs❌Account Type Here are three account types EasyForex offers:Account TypeMinimum DepositStandard $200Premium $3,000VIP $10,000Leverage EasyForex has not clearly provided the leverage it offers. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.EasyForex Fees EasyForex's spread is from 1.8 pips and commission-free.Trading PlatformTrading PlatformSupported Available Devices Suitable for The easyMarkets Mobile App✔iPhone, Windows Mobile and Android/MT4✔WebBeginnersMT5✔WebExperienced tradersDeposit and Withdrawal EasyForex accepts payments via credit and bank wire. No fees for deposits and withdrawals.
Is EasyForex safe or scam
Stanley Lim
Turkey
I was pleasantly surprised that EasyForex does not charge trading commissions, which greatly reduced my trading costs. But the suspected cloning of its regulators worries me a little.
37130
2024-07-02