easyMarkets Review Of 2026

Trading Fees

Spreads

easyMarkets charges no commissions on any trade. They offer two pricing models depending on the platform: fixed spreads on the proprietary Web platform and TradingView, and floating spreads on MT4 and MT5. I’ve found the fixed spreads sit in the middle of the market: tighter than the worst standard accounts, wider than the leading ECN-style raw accounts.

Web Platform and TradingView Fixed Spreads

Fixed-spread figures (from), shown across the three regions where easyMarkets is available:

The fixed spreads do not move, even during news events, which is the trade-off for being slightly wider than raw / ECN-style accounts at brokers like IC Markets and Pepperstone.

easyMarkets Account Types

easyMarkets has restructured its account tiers since the original article was written. There is no longer a separate Premium or Super VIP deposit threshold. The current structure has two retail account types per region plus a separate Professional Account:

Australia (ASIC, easy-markets.com/au):

• Web / App + TradingView account: Standard, fixed spreads, 200 AUD minimum deposit.
• MT4 / MT5 account: Standard (floating, wider) or Pro spread tier (floating, tighter). 200 AUD minimum.

Europe (CySEC, easy-markets.com/eu) and Rest of World (EF Worldwide, easy-markets.com/int):

• Web / App + TradingView account: Standard, fixed spreads. 25 USD minimum deposit.
• MT4 / MT5 account: Standard (floating, wider) or VIP spread tier (floating, tighter). 25 USD minimum.

The ‘Pro’ or ‘VIP’ name on the MT4/MT5 accounts refers to the spread tier on a standard retail account. It is not a client-classification change. Eligibility for the dedicated Professional Account is covered in the next section.

easyMarkets Professional Account

easyMarkets offers a dedicated Professional Account in both Australia and Europe, separate from the standard retail accounts. It is a genuine client-classification change rather than a spread-tier rebadge. It raises the leverage you can use, and in exchange you give up some of the protections that retail clients keep.

Australia Professional Account (sophisticated investor / wholesale client classification):

• Web / App: forex up to 1:400. MT4: forex up to 1:2000. MT5: forex up to 1:2000 (Dynamic).
• Eligibility: accountant certification under Corporations Act s 761G(7) / s 708(8). Minimum threshold is net assets over 2.5 million AUD OR gross income over 250,000 AUD for the last two financial years.
• ASIC retail protections are waived in exchange for the elevated leverage.

Europe Professional Account (MiFID II elective professional):

• Web / App: forex up to 1:400. MT4: forex up to 1:400. MT5: forex up to 1:2000 (Dynamic).
• Eligibility: meet two of three criteria. (1) Ten or more large trades per quarter for the past four quarters, (2) financial portfolio over EUR 500,000, (3) at least one year in a relevant professional role in the financial sector.
• ESMA retail caps are lifted. ICF investor compensation eligibility is lost.

Per-tier deposit thresholds for the Professional Account are eligibility-driven, not published as a flat dollar figure. Both products keep negative balance protection, and the Australian product also includes rebates, lower margin requirements and a personal analyst.

Rest of World (the EF Worldwide / Seychelles entity) does not run a separate retail-vs-professional split. The offshore account already offers elevated leverage by default.

Leverage

It’s worth noting that leverage varies by region because each regulator imposes different caps on retail clients.

If you are in Europe, retail forex leverage is capped at 1:30 on major currency pairs and 1:20 on minor pairs. This is because easyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC), and ESMA’s product intervention rules apply. easyMarkets is not currently available to UK residents: the broker withdrew its FCA authorisation in 2022 and CySEC passporting into the UK ended with Brexit.

CySEC keeps retail leverage low to limit the risk of large losses for retail traders. The lower the leverage, the smaller the loss when a position moves against you. The flip side is that leverage can be very profitable when a position moves in your favour.

Outside Europe, leverage depends on which entity onboards you.

In Australia (ASIC, Easy Markets Pty Ltd), retail forex leverage is capped at 1:30 on majors and 1:20 on minors, the same ESMA-style retail caps that apply in Europe. The much higher leverage figures often quoted for easyMarkets only apply once a client classifies as a Professional Account (covered above) or signs up under the offshore entity below.

In the Rest of World (EF Worldwide Ltd, under the FSA Seychelles licence SD056), retail leverage runs up to 1:400 on Web and TradingView, and up to 1:2000 on MT4 and MT5 for forex majors. Some crosses are capped at 1:500, and other exotics at 1:400. The trade-off is that the offshore entity does not carry tier-1 retail protections.

What do fixed spreads mean?

Spreads are the difference between a buy and sell rate on any trade. It’s similar to the situation at the airport when you try to exchange your currency with a forex provider who advertises one rate they will buy the currency off you and at another rate they will sell it to you. The difference between these rates is one of the ways that when forex trading the brokers make money. easyMarkets are market makers, like with the example of an exchange at the airport with the provider who sets their own rates, easyMarkets are your counterparty with each trade. This means you are buying and selling with their liquidity.

Fixed spreads mean that you will always know what the difference is between the buy and sell rates for currency pairings (eg AUD/USD). It provides certainty that you know the fees of every transaction, unlike most other brokers whose fees will vary depending on the market. Variable spreads such as those offered by Pepperstone, IC Markets, and Axi can be lower than easyMarkets as the spreads are raw. This means the liquidity pool determines the spread without intervention as No Dealing Desk Brokers.

Other Fees

Many brokers add hidden fees on top of spreads and commissions, but easyMarkets does not charge any hidden fees. Here are the main areas where easyMarkets doesn’t impose a fee:

• $0 Deposit Fee
• $0 Withdrawal Fee
• $0 Inactivity Fee

Verdict on easyMarkets Fees

Overall I think easyMarkets offers a transparent fee structure. The fixed Web spreads are wider than ECN-style raw accounts at IC Markets or Pepperstone, but the trade-off is access to dealCancellation, Freeze Rate and free guaranteed stop-loss orders. The MT4/MT5 floating spreads narrow the gap when you step up to the Pro or VIP spread tier.

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Trading Platforms

easyMarkets gives you five ways to trade. There is the proprietary Web platform and the easyMarkets mobile app, both of which support fixed spreads and the broker’s exclusive features (dealCancellation, Freeze Rate, guaranteed stop-loss). The same exclusive tools are not available on MT4, MT5 or TradingView, which all run on floating spreads on the MT side and fixed spreads on TradingView. In my testing the Web platform is the right choice if you want the easyMarkets-specific tools; MT4 / MT5 is the better fit if you want to run Expert Advisors or custom indicators.

The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.

Only with the easyMarkets platform a trader can:

• Activate dealCancellation
• Avoid Slippage
• Freeze Rate
• Easy Trade
• Guaranteed Stop-Orders / Take Profit
• Trade all FX and CFD products
• Trade forward deals

MT4 and MT5 have some great features such as Expert Advisors (EAs) which utilise automation and but if you are interested in this platform then another forex broker is recommended. These include the Best Forex Trading Apps.

Overall, the easyMarkets platform is easy to use, doesn’t require a download and is ideal for new to currency trading.

Is easyMarkets Safe?

easyMarkets has a trust score of 6.0 out of 10 based on their regulation, positive reviews and reputation.

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easyMarkets are the only forex broker to offer Guaranteed stops and Guaranteed negative balance protection for all trades. (to have guaranteed stops you must be using the easyMarkets trading platform, it is not available with MT4 or MT5)

i) Guaranteed Stops

In forex trading, one type of  ‘safety mechanism’ is the guaranteed stop-loss. We recommend this risk management feature for those who are new or intermediate in forex and CFD trading.

A guaranteed stop means that you can set the maximum amount you are willing to lose in a single trade and the broker will ‘guarantee’ you will not lose more than this amount.

Guaranteed stops provide a ‘safety net’ in extreme situations when currency movements can be dramatic. While all brokers offer ‘stop-loss’ orders, most are not guaranteed. No guarantee means you may experience slippage. The broker will try to exit you at your stop loss, but if they can’t exit you, you bear the loss.

As leverage exposes all traders to high risk when forex trading, a ‘guaranteed stop’ at least provides peace of mind in that you will know the maximum you can lose on a trade. Easy Forex (now easyMarkets broker) is of the few forex brokers offering this feature.

ii) Guaranteed Negative Balance Protection

easyMarkets (formally Easy Forex) includes guaranteed Negative Balance Protection for all their clients. This risk management feature means your account balance will not go negative. If your account goes below the brokers’ margin requirements, then they will seek to exit you from trades, if they cannot exit you before your account goes below zero, the broker will reset your account back to zero and bear the cost.

Guaranteed negative balance provides peace of mind as volatile economic events are known to lead to large losses for traders without protection.

1. Regulation

easyMarkets is regulated by two tier-1 regulators and three tier-3 regulators.

2. Reputation

In 2001, easyMarkets was formed in Cyprus. The broker demonstrates a mid-tier presence in the online forex trading space. With approximately 49,500 monthly Google searches, it ranks as the 33rd most popular forex broker among the 67 brokers analyzed. Web traffic metrics position it slightly lower, with Similarweb reporting 148,842 global visits in February 2026, placing EasyMarkets as the 50th most visited broker.

Country	2026 Monthly Searches
Italy	18,100
Brazil	2,900
Australia	2,400
France	2,400
United States	1,900
India	1,600
Japan	1,600
South Africa	880
Pakistan	720
Malaysia	720
Philippines	720
Indonesia	590
Vietnam	590
Cyprus	590
Uzbekistan	480
United Kingdom	390
Germany	320
Mexico	320
Colombia	320
Cambodia	320
Greece	320
Uruguay	320
New Zealand	260
Bangladesh	260
Kenya	260
Egypt	260
United Arab Emirates	210
Poland	210
Nigeria	210
Canada	210
Panama	210
Netherlands	170
Spain	170
Turkey	170
Peru	170
Argentina	170
Chile	170
Thailand	140
Hong Kong	140
Saudi Arabia	140
Algeria	140
Taiwan	110
Sri Lanka	110
Costa Rica	110
Sweden	90
Austria	90
Ecuador	90
Singapore	70
Ghana	70
Switzerland	70
Honduras	70
Morocco	50
Jordan	40
Ireland	30
Uganda	30
Venezuela	30
Dominican Republic	30
Tanzania	30
Portugal	30
Guatemala	20
Botswana	20
Ethiopia	10
Bolivia	10
Mongolia	10
Mauritius	10

2026 Average Monthly Branded Searches By Country

Italy	18,100 1st
Brazil	2,900 2nd
Australia	2,400 3rd
France	2,400 4th
United States	1,900 5th
India	1,600 6th
Japan	1,600 7th
South Africa	880 8th
Pakistan	720 9th
Malaysia	720 10th

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3. Reviews

While comparing easyMarkets reviews from several trading-related websites, we found that people generally regard their easyMarkets experience as positive. The easyMarkets review analysis found that most forex trading Australia individuals praised the adoption of fixed spreads as they are competitive and affordable. People also like the MT4 trading platform and its ease of use for new traders. Trading accounts can be set up for as little as $200, which comparatively is extremely affordable. Customers also are quite fond of the multitude of payment options and fast payouts, citing very few issues or difficulties.

It’s also worth pointing out that we made this easyMarkets review because, like other brokers compared on this site including IG Markets, they have an AFSL. This means that deposits are segregated into a separate account, and there are training standards and requirements for external auditing. It’s strongly recommended that all Forex Trading Australia be done through an Australian-regulated broker to avoid Forex scams that occur internationally. Forex scams are attributed to non-regulated forex brokers.

DealCancellation – Cancel Trades In 1 to 6 Hours

dealCancellation (sometimes called Deal Cancellation) is a feature unique to easyMarkets.
The feature allows a trader to cancel a trade to avoid a trading cost within:

• 1 hour
• 3 Hours
• 6 Hours

To access this feature you need to be using the easyMarkets platform, not the MetaTrader 4 platform which easyMarkets also offers. When taking your position, you must activate dealCancellation as shown on the screenshot below. When you do this, a small premium in the form of a slightly wider spread will be charged.

Once a trade is made, a countdown clock shows how much time is left for the trade to be cancelled without realising a loss using this feature. If a stop-loss is also reached within the period and dealCancellation is active, no trading loss will be realised.

Overall, the process for dealCancellation is:

1. Opt for dealCancellation on a trade
2. Cancel the trade within the period set if it’s making a loss
3. Have your original funds returned minus fees

The feature is perfect for those new to forex trading, those who like to trade during turbulent periods (eg rate decisions) or those looking to manage the risks of currency trading.

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Deposits And Withdrawal

easyMarkets holds client funds in segregated bank accounts, in line with ASIC AFSL conditions.

What is the minimum deposit at easyMarkets?

The easyMarkets minimum deposit depends on the regulated entity that onboards you. The Australian entity (ASIC) has a 200 AUD minimum across all retail account types. The European entity (CySEC) and the offshore entity (EF Worldwide, Seychelles) both have a 25 USD minimum across all retail account types. The dedicated Professional Account does not have a published deposit threshold; access is driven by eligibility (covered in the Professional Account section above).

The easyMarkets minimum withdrawal AMOUNT (not fee) is 50 USD for bank wire withdrawals. Other withdrawal methods (eWallets, credit / debit cards, crypto) have no minimum withdrawal amount. easyMarkets does not charge any deposit or withdrawal fees on any method. Your card issuer, bank, or eWallet provider may still apply their own fees, which are worth checking before you fund the account.

Deposit Options and Fees

Funding options vary by region. The Australian entity supports Visa, Mastercard, BPAY, Neteller, Skrill, bank wire and crypto deposits (USDT, USDC). The European entity adds Maestro and iDEAL (Netherlands only), processed via Trust Payments (MFSA Malta), Neteller (FCA) and Skrill (FCA). The offshore entity has the widest list, adding local bank transfer across LATAM, Africa, India, Indonesia, Vietnam, Thailand and Malaysia, plus CFX (Brazil), UPI (India), Fasapay, STICPAY and a broader crypto menu (BTC, BCH, ETH, LTC, USDT BNB/TRC/ERC, USDC BNB/Solana). All methods are free.

The main funding categories are:

• Credit and debit cards (Visa, Mastercard, plus Maestro in Europe)
• Online banking (BPAY in Australia, iDEAL in Netherlands, local bank transfer across LATAM / Africa / Asia on the offshore entity)
• Bank wire transfer
• eWallets (Neteller, Skrill, plus Fasapay, STICPAY and bitwallet on the offshore entity)
• Crypto deposits (USDT, USDC, BTC, BCH, ETH, LTC, depending on the entity)

Withdrawal Options and Fees

With no fees applicable to any of these funding methods, the key factors of which method comes down to convenience for the forex trader and the deposit processing times that vary considerably.

Product Range

Leverage is a critical lever for forex traders because currency moves are often small in percentage terms. The headline figures for easyMarkets vary widely by entity. Australian retail clients are capped at 1:30 on forex majors and 1:20 on minors under ASIC product intervention rules. The 1:400 figure that often gets quoted for easyMarkets applies either to the Australian Professional Account (Web platform) or to the offshore entity under the FSA Seychelles licence. MT4 and MT5 leverage on the offshore entity goes higher again, up to 1:2000 on forex majors.

It should be noted that the broker (easyMarkets) previously offered different leverage options, so it’s worth closely monitoring the leverage available at any one time. Leverage will amplify any movements within currency markets which are generally modest. This means that small movements can lead to big gains or losses. Risk, therefore, is the central outcome of leverage, so understanding your level of forex trading knowledge and risk appetite is critical when factoring in this variable.

Why Does Forex Leverage Matter?

Leverage lets a trader control a position larger than the cash they put up. As an example, at 1:30 (the ASIC retail cap), a 1,000 AUD margin deposit lets you take a 30,000 AUD forex position. At 1:400 (the offshore Web platform cap, or the AU Professional Account cap), the same 1,000 AUD margin controls 400,000 AUD. At 1:2000 (offshore MT4 majors, or the AU Professional Account MT4/MT5 cap), it controls 2 million AUD. The further you push leverage, the larger the unrealised gain or loss on a small price move, and the faster a stop-out can hit. This may not sound significant, but it’s in fact 40% of the initial amount traded. This means that leverage will increase the profits of smart trading, but also increase the risks and ability to lose large sums. Due to this increase in risk profile, traders should understand the risks and consider risk reduction strategies that some forex brokers offer, such as guaranteed stops discussed next.

Customer Service

Customer support and training are easyMarkets’ two strongest areas. Every retail account level includes access to live chat, phone, WeChat and a personal account manager; there is no tier where support is rationed. I’ve found response times on live chat to be good during European trading hours, and the personal analyst service on the Australian Professional Account is genuinely useful for traders trading larger size.

As the table above highlighted, two of the most popular contact methods are phone and live chat. Live chat is not offered by all the forex brokers and is ideal for short questions relating to traders.

Live chat is complemented by Viber and even Facebook messenger. The key is that these communication channels including live chat are available to all forex accounts offered by easyMarkets.

In my view the choice between account types is really about platform fit, not deposit size. If you want fixed spreads and the easyMarkets exclusive tools (dealCancellation, Freeze Rate, guaranteed stops), open the Web / App account. If you want tighter floating spreads, EAs and the MT toolkit, open the MT4 / MT5 account on the Pro or VIP spread tier. If you qualify for the Professional Account and you understand the trade-off in regulatory protection, that unlocks the leverage uplift.

Research and Education

When it comes to online training, there is a plethora of options including:

• An online community
• eBooks
• Seminars
• Articles & News
• Online Simulators

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Final Verdict on easyMarkets

Based on this review I’d recommend easyMarkets for three types of trader:

• Traders new to forex who want fixed spreads and a simple proprietary platform
• Traders who want risk-management features (dealCancellation, Freeze Rate, free guaranteed stop-loss) that almost no other broker offers
• Higher-net-worth Australian traders who qualify for the Professional Account and want the leverage uplift while staying under an ASIC-licensed entity

If you want raw / ECN-style spreads at the lowest possible cost, or you need a proprietary copy-trading product, another broker will fit better. EAs are supported on the MT4 / MT5 side, so that is no longer a reason to skip easyMarkets.

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