Easy Forex Review

::EASY FOREX COMPANY REPORT / REVIEW – Updated:08/30/2010

Easy Forex Review / Report

Easy-Forex has a proprietary trading platform that provides 24/7 access to the forex markets. Easy Forex started in 1998, with the philosophy that they wanted to help ordinary traders to be able to trade as easily as big players and banks could.

They are regulated by the Australian Securities & Investments Commission (AFS 246566) to provide worldwide financial services under the supervision of the EU financial commission through Cyprus.

Easy Forex assumes the position of a market maker, with its liquidity providers being UBS (in Switzerland) and The Royal Bank of Scotland (RBS).

Easy Forex is great for those new to Forex and provides comprehensive Forex training programs as well being very easy to use, you can trade over 100 currency pairs.

Go To The Official Easy Forex Website

:: FEEDBACK & OVERVIEW

Actual Customer Easy Forex Reviews / Feedback:

"Lots of features aimed at protecting the interest of the trader. They provide you a Service Account manager, you can pre define your Stop-Loss and Take-Profit rates , also you can freeze the Buy or the Sell rate regardless of the movements. And, they are not charging any fee for most of the transactions. they even offer other programs for the trader to earn money other than trading alone like their referral system where you can earn commission by referring your friend"

Comment from Yahoo Answers

"I am a frequent trader and these guys have been just great!!! No problem registering, no problem getting my money, no problem with customer service… competitive spreads."

User feedback from Forex Peace Army

"Easy-Forex may be a little slower, since it’s fully web-based! Forex trading can be done 24×7 from any computer on earth, no download needed. Easy-Forex offers an online use of credit cards and PayPal, also for profit withdrawal. They have real people, providing 1-on-1 service and guidance. Easy-Forex is the only platform offering “Freeze and Trade” (the trader selects a rate, but still has a few seconds to regret). They are the only ones who do NOT require any “maintenance margin”, meaning – to deposit collateral funds, in addition to margin investment itself. I believe that they can offer that, since they guarantee exact rates (for stop-loss and others), so there is no “slippage”. As well, when they say “no hidden costs” – they know what they mean. With other platforms you discover new costs, when it comes to profit withdrawal.."

User feedback from Amazon.com

"it has a very user-friendly interface so its good if you’re a forex noob like me"

Part of actual user feedback from Talkgold.com

Our Research into Easy Forex has found that:

The site gives you a guided tutorial through the dealing process and placing your first trade. When a user signs up they are contacted by their personal account manager, who can also help with any problems. Account managers are always available during business hours.

There is no software to download or run, everything is controlled from their website. It makes everything stable and reliable, so you can trade anytime and anyplace (as long as you have an internet connection!).

You can make deposits with a credit card or paypal and withdrawals are easily organized with a quick call.

There are no commissions on trading at Easy Forex, as is standard throughout the Forex industry. Forex brokers use the currency spread to make their fees. Easy Forex give real-time quotes and guarantee their stop losses, which is extremely important. There’s also the option to trade in gold and silver as well as forex.

In addition Easy Forex offers its clients advanced training for using the system and trading in the market.

You can choose different types of account according to how much you wish to invest. Mini Accounts start with a margin of as little as $12.50. Other accounts include Gold, Platinum and a Tailor Made Import-Export account.

Easy Forex provides up to the minute news from Reuters world news, which is vital as world events and data can affect exchange rates greatly. Some people even choose to trade directly with the news. There’s also a financial calender and a comprehensive set of analytical tools, which your account manager can help you with.

One negative thing with easy forex is the lack of a demo account. Some people say it is wise to trade initially with a practice account, however, others say that you will never trade the same way with a demo as you would with money, and so this type of ‘paper trading’ is useless.

From my own experience I can see that point of view, and anyway, with a mini account you can trade with very low risk until you begin to feel more comfortable.

Verdict:

Overall the guidance provided by the Easy Forex team actually make it easy to trade with their system. Users have all the tools that they need to analyze the market, execute deals, monitoring them, and then to make the proper decisions about how to manage them.

Go To The Official Easy Forex Website

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