Easy forex is a registered brokerage company having its headquarters in Limassol, Cyprus.It has International Network Coverage in Europe, Asia-Pacific, Middle East and the United States, with offices in Chicago, London, Manila, Melbourne, Palestine, Sydney and Tel Aviv.
Easy forex obtains its data sources from Reuters, and has a credit card clearing arrangement with Barclay-card.
It has excellent streaming data which is always real-time updated and the transaction security has the Verisign seal of approval.
Company’s Market Position
To a great extent Easy forex is well regulated. In the USA it is CFTC registered and has NFA member status. It is also under the regulatory control of authorities in EU and Australia.Easy Forex has specified Islamic account terms and also has a Orthodox-Jewish account transaction permit.
Types of Services offered
Easy forex has special tailor-made leverage ratios apart from the usual leverage of 1:50; 1:100; and 1:200All main currencies are traded in the platform and spreads are variable starting from 2 pips.
Non currency products like Gold, Silver and Oil can also be traded in the platform.
It provides a commission free trading environment apart from spreads.
The minimum initial deposit for opening an account is $ 200 and this is for a Mini account. To open a Gold or Platinum level account with Easy forex you need US $500 and US $ 5000 respectively.
Easy forex has different account possibilities including a Mini account and Special term accounts.
As a customer you get 24/7 access to the trading platform which means you also get to trade outside normal trading hours. In that case you have to incur higher spreads although trading is usually disabled on Sundays after 14.00 GMT.
The normal trading hours are however 6:00 Monday Sydney time until 17:00 Friday New York time.
Trading Platform
A demo account is available on request as also a readily available guided video tour of the trading features.The trading platform is web based and needs no software download.
One of the highlights of the platform is the Easy forex high edge system which uses the latest and most sophisticated technologies to offer up-to-the second real-time currency quotes.
Another highlight of this platform is what is called the “The Trade Controller” which is a visual trading tool that gives the client a clear picture of profit/loss scenarios.
It also has what is called “The inside Viewer” whereby a client could see the popularity of currency pairs traded, deal direction and open deals structure.
Trader Support
Customer support is via e-mail, chat, or phone and is available in several languages namely English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish, and Hebrew.Live training by telephone is available as also the facility of online chat and SMS messaging services in some regions.
Site design and ease of navigation
The website is easy to navigate and does not have too many advertisements.Advantages
Trading with easy forex is fairly easy as no software download is required and it takes very little time to open a real account.There is full transparency and no hidden costs whatsoever.
Easy forex offers special terms for its frequent trades in terms of spreads and bonuses.
Disadvantages
Only limited pairs of currency are available for trading.Here is Easy Forex official site
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