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Easy markets South Africa Review

(4.5 out of 5 stars from 511 Reviews)

$ 1,00

Fixed Spreads

If you would like to take a position successfully in the markets, you would like a capable online broker. Additionally, to fair and effective trading, it also depends on what’s on offer round the trade. The choice of online brokers is large, in order that investors have the chance to settle on the simplest provider. First of all, of course, it depends on your own requirements, which each investor should explain for himself.


Overall Rating

93.67%

Deposit Methods
95%
Too many
Withdrawal Options
92%
Very Good
easyMarkets Support
94%
Very Good

Anyone who knows what they need can look specifically for an optimal offer. To make this search easier, we’ve the web broker easyMarkets tested and, additionally to the retail offer. Also, checked out other aspects. The main target was also on questions on the standard of the support offered and therefore the options for individual training. And since it’s a key requirement for trading to deposit enough money during a trading account, it’s also important that neither fraud nor rip-offs need to be feared. We took a better check out this provider during a detailed test. We also asked the question of whether it’s a reputable provider that investors can fully believe.

Best Forex brokers South Africa

Forex Broker Minimum Deposit Trust Rating Visit Site
EasyMarkets South Africa
R1
99.85%
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XM South Africa
R500
99.81%
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FXTM South Africa
R100
99.25%
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Avatrade South Africa
$100
98.11%
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Our experience with easyMarkets

It was not that way back that the chances for personal individuals to participate available market trading were limited to communicating an order to an employee of the bank by telephone, which was then executed on an equivalent day. On the opposite hand, trading just like the one traded by the stock exchange professionals was out of the question. This has now fundamentally changed.

In addition to the choice of shopping for shares and capital market products yourself via a web depot, there also are more and more providers who offer trading in professional products and instruments. So-called CFD brokers, like easyMarkets, make it very easy for investors to trade not only currencies but also commodities and indices, using high financial leverage. In the case of easyMarkets, the utmost leverage is 1:30. This suggests your chances are going to be improved. But remember of the risks that changing markets can bring. Nevertheless, the subsequent applies: volatile markets also can offer high profit opportunities. Investors who choose this sort of trading will find a good range of support in the sort of good information and academic opportunities for everything to try to to with trading.

It offers a perfect combination of a convincing retail offering and effective training opportunities, which not only beginners will learn to understand. Due to easyMarkets also features a lot to supply for advanced users, as our test has shown. easyMarkets offers its clients multiple ways to trade various markets like forex, cryptocurrencies, metals, commodities, indices and stocks. Additionally, customers can believe competent support that’s available in several languages and helps quickly and competently with questions or problems.

easyMartkets Regulations

Even if most investors are primarily curious about the offer and therefore the conditions, in our experience the question of seriousness should even be thoroughly clarified. Because in the end, the simplest offer is of little use if the provider doesn’t handle the cash entrusted to him responsibly. If certain basic standards aren’t adhered to, the investor always runs the danger of losing his deposits. Additionally, it’s in fact important to understand that a good transaction is often assumed. the web broker easyMarkets is predicated in Cyprus, therefore the European regulations apply here. The regulatory agency CySec ensures that these are complied with. Against this background, the corporate must adhere to requirements in terms of European consumer protection. This includes that fair treatment and therefore the protection of deposits must tend the very best priority.

Trade on favorable terms

In the following sections we might wish to take a better check out the trading offers that investors can expect from easyMarkets. in theory, currencies also as commodities and indices are often traded. However, shares aren’t available. Trading is usually through with a particular financial leverage, i.e. the web broker provides additional capital for each trade in order that even small price changes can have greater effects. The high chances of winning are in fact also offset by the danger of loss. How high the respective leverage is depending on the individual underlying and is decided by the web broker. So, investors don’t have the power to flexibly determine the leverage for trading. The levers used are between 1: 2 and 1:30.

The same goes for the spreads. These, too, differ from base to base and may also fluctuate over the course of the day. However, the provider easyMarkets claims to be the leader in the spreads offered, i.e. to supply the most cost-effective trade. Beyond this spread, no further costs or fees need to be expected. EasyMarkets doesn’t charge any fees for account management, deposits or withdrawals.

Deposits and withdrawals

You can start trading with a minimum deposit of just 25 euros. In our test we saw that no fees are charged by the web broker for deposits and withdrawals. There are variety of options available for both deposits and withdrawals. In our experience, the most cost-effective option is to deposit with a Mastercard. The providers Visa, MasterCard, Maestro and American Express are accepted. the most advantage of this payment method is its speed. Just a couple of seconds after the payment process has been completed via the easyMarkets account, the cash is out there in the trading account.

If you do not want to pay by Mastercard, on the opposite hand, there are other options available to you with various online providers. Among other things, the providers Skrill, Neteller, sofort or Webmoney are often used. Here, too, there’s usually only a brief delay to be expected before the cash arrives in the trading account. On the opposite hand, it takes the longest when paying by bank transfer. An equivalent method is in fact also available for withdrawal.

In our experience, these processes work extremely reliably. On the opposite hand, it takes the longest when paying by bank transfer. An equivalent method is in fact also available for withdrawal. To try to this, however, it’s first necessary for the investor to prove his / her identity with an identification document. It’s sufficient if a replica is shipped to easyMarkets by email. In our experience, these processes work extremely reliably. On the opposite hand, it takes the longest when paying by bank transfer.

 

Well-designed trading website

Overall, easyMarkets provides investors with an excellent deal of data on English website. Before contacting customer service, it’s advisable to seek out out more about the web site. Overall, the offer is extremely extensive but never confusing. Additionally, to an inventory of all tradable underlyings, there are detailed explanations of the Forex bonus offers. Numerous questions are answered in the FAQ area and a separate blog deals with the foremost important terms and developments concerning trade products. Also, worth mentioning is that the range of further training and knowledge. Here investors have the chance to look specifically for offers that correspond to their level of data.

The offer includes ebooks, training videos, a trade simulator and frequently published articles on the exchange market. This is often an excellent way for investors to organize for trading. Anyone who still doesn’t dare to travel into the trade directly has the chance to check the platform via a demo account.

Investors can download one app each for iOS and one for Android. The mobile offer is predicated on the online Trader and only requires a minor change from the user. All functions and base values can thus be used via the mobile device. Training videos, a trade simulator and regular articles on the exchange market. This is often an excellent way for investors to organize for trading. Anyone who still doesn’t dare to travel into the trade directly has the chance to check the platform via a demo account.

Conclusion about easyMarkets

With easyMarkets, we’ve tested a web broker that gives its customers an absolutely extensive program. First of all, there’s the extensive educational offer, which, on the one hand, enables inexperienced traders to urge started easily. Additionally, there’s also tons of content that’s aimed toward traders with knowledge. The platform, which is formed available for trading, works extremely well. MetaTrader also can be downloaded and installed on the pc. Lastly the broker is a reputable provider who treats the info and therefore the customer’s deposits confidently. There is no got to fear fraud or rip-offs.

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$ 1,00

Fixed Spreads

$ 1,00

Fixed Spreads