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![]() Easy Forex |
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Trusted By The Forex Broker Guide Last Updated: 2008-06-22 |
![]() Author: Jack
Date: 2009-06-19 01:58:07
I have been with easyforex for nearly 3 years now. I have lost quite a sum to in my trades and initially I was worried if this broker just provided a cnvinient way to get my money. However, when I started withdrawing money as in Profits in my trades, withdrawals were back in my credit card in 48 hours and everything done over the internet. No more forms to fill up and fax to them. Just click the withdrawal icon, indicate the amount and enter. Just make sure you have already submitted all the AMLA requirements which is a 1 time procedure. You then indicate f you want the money sent back to your credit card or to your bank account.
Another thing, when there where delays in the triggering of orders, I just had to contact their Chat room to inform them of the situation and they fixed it fast. Spreads though are high but the service is commendable. Their platform though is too slow. Charts are not that useful for technical analysis. As a broker, I would recommend them. Jack Rubbish Reviews
![]() Author: Helios
Date: 2009-04-23 14:31:03
First of all, most of the flaming review here are about the platform and the spread. Who's duty is it to find out about how large the spread is and whether the platform is suitable for you? These good folk at easy forex went beyond the call of duty to call me and answer all the questions i had about the platform. After knowing all the facts the decision is ultimately yours!! so if your not happy then move to a different platform before you deposit money with them for gods sake, i would have thought that that was something that went without saying. As for the platform it self i found that it was not the best and very practical. i myself rely on the charts from several other providers to make trades through Easy F. the freeze function, instant deposit no charge withdrawals are a god send.
One more thing if your stupid enough not to use their demo account or any other demo account then you really are a lost soul and money markets are not for you. yes the thing only lasts an hour but thats because you are supposed to use it to get a feel of the platform not to test a new strategy!! and in any case its not the only demo account on the net you could use for that purpose. All i can say is I've got money there, haven't had a problem getting it out of there and would you believe it i actually DID make some money trading there. ![]() Author: vorko
Date: 2009-03-09 19:14:36
i have registered an account, and also i have gotten demo account to practice...the guy called me and now is asking to deposit money into account...i havent done anything yet...if i just tell him i do not wish to deposit/trade, will they leave me alone?..can i just ask for my account to be deleted or can i delete it myself?
am i risking anything since i provided them with my name address email telephone upon registering? thanks for the info ![]() Author: Rodney
Date: 2009-01-08 17:27:16
Their must be a huge difference on how Easy Forex is run in different countries arund the world. In Australia they are the most honest forex company I have come across. I have had a couple of issues in the past but they were fixed straight away. The first time, the platform wouldn't let me close my position. I opened up a chat with them and by the time I spoke to someone the trade had gone against me 30 pips. I explained the problem and they closed the position at the price I put in when I opened the window to chat with them. The second time was a little worrying at the time. I tried to open a trade using my credit card and it was rejected, half an hour later my credit card company rang me to say 15k had been charged to my card over a period 5 minutes with a heap of transactions. I spoke to the head guy in Australia and he sorted out the problem straight away. The money was back on my card in 48 hours with many appologies.
Easy Forex does have wide spreads. I mainly trade Eur/Jpy with a 5 pip spread with a minimum 100k trade. The stops have to be placed I think between 20 ![]() Author: Danish
Date: 2009-01-08 17:26:48
There are many scam reviews on easy-forex, wonder why... I have traded with them since 2005 and NEVER had a problem, not once did they try to "scam" me. I have to say... I'm sceptical abuot some of the negative reviews, there are many other brokers trying to put this company down because of competition too you know, just think about it...
Some of the critique may be justified, but my guess is that the scam reports come from clients that lost money, got upset, and in their frustration they blame Easy Forex for their missery. Trading the forex is hard, in fact it's very hard to succeed, and most people will fail anyways, but blaming Easy-Forex is just stupid. Some of the repeated critique on Easy-Forex is that they ask for a lot of documentation when trying to withdraw the money the first time, but they have a legitimate reason to do so. In fact, not doing a thorough background check on clients would be irresponsible, as online forex platforms are sometimes used as a tool for money laundring, where clients deposit money and then withdraw to another account without trading at all. Another point is about the spread.... my advice is to negotiate a better spread and you will get one instantly, at least if you are an active trader. In my case Easy-Forex has proven to be a good trading platform overall. I'm sure there are clients with bad experiences, they have areas where they could improve, but I refuse to take people serious when they are labeling Easy-Forex as a SCAM... I have been a client and traded actively with them for years and they have been great right from the start. ![]() Author: raban
Date: 2009-01-08 17:26:13
Please visit this website: www.easy-forex-warning.com
This website describes in details and with hard proofs how Easy-Forex scammed hundreds of their customer through a systematic and cruel method. Not shown in this website are the stories of families destroyed by this company in Israel but not only in Israel-We are receiving stories from people around the world. Easy-Forex is an Israeli company. The company headed the sponsoring of the third forex trading expo in April 2008, with the aim of entering the Middle East market. In fact they are already there as more than 30% of their customers are from the Middle East. This can be found form the following website: http://www.alexa.com/data/details/traffic_details/Easy-Forex.com The data in this website shows: Easy-forex.com users come from these countries: United States-29.5% Saudi Arabia-26.3% Canada-4.3% United Arab Emirates-4.1% Qatar-3.6% Bahrain ![]() Author: David
Date: 2009-01-08 17:25:39
very good web based broker, slightly higher spreads but no fees for withdrawals and free 24h access to dealing room if your trading 100K lots. Have found the staff very knowledgeable and professional. Fixed spreads, Solid as stone stops and Financial licenses! enough said
![]() Author: andrew
Date: 2009-01-08 17:25:03
I traded with easy-forex.Well easy-forex is a joke!Their platform is cheap and difficult to use.Their spreads are wide than any other platform.Their will keep charging you credit card for some reason...basically their will clean you out easy..if you know what i mean
![]() Author: JueJamboo
Date: 2009-01-08 17:24:44
I trade with this broker for 2 years and nothing to worry about it. No fees for deposits and withdrawals. Instant deposit using credit card... I withdraw every week and money appears in my account from 2-4 days.
Best support through chat or email. Great Broker.... TQ. ![]() Author: Ehab Mohammed
Date: 2009-01-08 17:24:07
Very shady platform ... not only there are several warnings out there against these people I have found that they are just trying to get your money and keep it and have no interest for your trading.
Also ... whats up with their new site? LOL. They have cartoons on it and asking people to trade naked ... is this a serious company? You got to their homepage and instead of information about the company they show you this pointless cartoon and then the "trading" platform so that you can loose your money straight away. No information no nothing. Also I find it very interesting that they developed tools that show you what other so called "traders" are doing on their site. A regulated company is not allowd to tell customers what to tarde so these guys are "showing you what the majority of tarders is doing" (which is the same thing) but because of technicality is allowed. The fact is that most of these "traders" are either probably not experienced traders like you and me that end up loosing all their money anyway (and this is what Easy Forex wants to happen) or they are most probably showing fake figures to get you to trade in the direction they want in order for you to loose. I think they are one of the biggest scams on the net ... BE WARNED. ![]() Author: dan
Date: 2009-01-08 17:23:15
See the website warning:
www.easy-forex-warning.com The goal of the book and the website is to uncover the scams that took place in Easy-Forex in the years 2005-2007 which robbed the money of many of their clients through false forex trades. The information presented in this website is based on a book that is backed-up by dozens of taped discussions that we transcribed after being tapped during the years 2005-2007 with Easy-Forex personal and customers. ![]() Author: Andre
Date: 2009-01-08 17:22:52
This is the most riduiculous platform out there. I urge everyone to stay away from this company as they are hard to get hold of and the platform is very hard to use, not only that but this platform looks and feels cheap.
![]() Author: Mohamed Arif
Date: 2009-01-08 17:22:28
I have been with 1 year with this broker found lot of opportunities to make money. Little wider spreads only for mini account holder (100-500 USD free money) Widely competitive spreads for Gold and VIP accounts. Simply i'm enjoying my trades with easy-forex. I like very much for their simple design and site implementations. Legally this broker is best fit for me co'z they don't charge any of my withdrawals, and speed deposit for my bank account or Credit Card. No such scamming activities. Finally Easy-forex is one of my best favorite broker. You can found this broker has highest alexa rank. So more people are with this broker and customer care is very very good.
![]() Author: Andrew
Date: 2009-01-08 17:21:58
I've been trading with Easy-Forex for about nine months now, and I've done nothing but lose money. I kept thinking that as a newbie I was bound to make mistakes and that my skills would improve and that I would recoup the money. Well, I haven't. And I am a good trader now - in the same time period I have made paper money in demo accounts using the same trading strategies.
The trouble with Easy-Forex is that you can never set stop losses within 20 pips of the current price. This means that you usually have to risk more than you expect to make on each trade. Also, it makes it hard to lock in profits and let a winning trade ride. As a newbie, I didn't see a problem with this, but now I realise it's a recipe for disaster. Other problems include the fact that you have to set up your charts and indicators FROM SCRATCH every time you log in (frustrating and time consuming), and the spreads are very wide for most currency pairs. Too often has Metatrader told me that I should have easily hit my take profit price, only to discover that the price according to Easy-Forex has missed by a few pips then reversed for a loss. Another warning factor that I should have taken note of is that they actively encourage new traders to NOT use a demo account and jump in with real money right away. Again, I was a newbie and I fell for it. All they want is you to make trade after trade, take your spread pips, then have you keep losing money and depositing more. It's cost me hundreds of dollars to learn these harsh lessons, and I can only hope that this review helps others avoid the same fate. Please, please avoid Easy-Forex.com. Personally, I'm switching to Alpari. ![]() Author: Ta
Date: 2009-01-08 17:21:31
I have been using them for the past 2 years...and they never did scam me.
The best part is..they did not charge for the witdrawal. Of course due to anti money laundering, u have to provide all the documents required to withdraw. Most brokers are like that |
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