Countless people’s lives have been enriched by the opportunities made available by foreign exchange trading, which have allowed them to earn more money and raise their standard of living. Trading in foreign exchange (Forex) occurs around the clock and across national borders as traders speculate on the value of one currency relative to another by buying and selling currency. Forex trading also boasts high levels of liquidity and leverage, which have attracted investors from a wide range of backgrounds.
However, because they have to keep tabs on the market at all times, traders often miss out on lucrative openings. Since the introduction of online forex brokers, this practice has become obsolete. This article will walk you through easyMarkets, one such broker. You can read this easyMarkets review before you start trading with it to learn more about its features, regulations, pros and cons, fees, account types, and more.
Is easyMarkets Available to Everyone?
Choosing the right trading platform is the first step to achieving consistent profits from online trading. Whether you’re a seasoned trader or just starting out, easyMarkets makes trading a breeze. If you’re looking for a reliable broker in Australia, look no further than easyMarkets. All investors will have a positive trading experience thanks to the website’s intuitive design, reliable analysis data, and reliable technical indicators.
Online trading may be easy for seasoned pros, but it can be challenging for those with no experience. Traders of any skill level will find an accommodating environment at easyMarkets. New investors are protected from financial loss by means such as a free guaranteed stop loss and negative balance protection feature. Expert traders can maximize profits by adapting to their clients’ needs and minimizing risk.
Is easyMarkets Regulated?
If your broker is not licensed and regulated, you should be wary of any promises they make regarding returns on your investment. More specifically, you should always check out the legitimacy of an online broker before making any investments or trades through it. Based on our research, we found that easyMarkets is not your typical broker because it has been around for nearly two decades and specializes in online trading. In addition, it is subject to stringent oversight by regulatory bodies like ASIC, CySEC, and the Financial Conduct Authority (FSA).
Concern for the security of one’s investment capital is of paramount importance when engaging in online trading. The reliability of EasyMarkets’ legitimacy guarantees safe and open transactions. It is important to us that you know that your deposits are safe with easyMarkets because of our firm adherence to international regulatory standards. Investors who participate in reimbursement programs are protected from the risk of losing their capital in the event of a broker failure.
Predictions for Australian Trading Platforms in 2022
We researched for you to help you identify the best online brokers and trading platforms in Australia in 2022. We gathered all the information you need about the trading platforms in australia, including account opening, trading performance, and costs.
How to Invest in Australia:
Numerous safe and high-quality internet brokers serve Australian clients. Some providers provide stocks from Australia among these, but if you are considering to invest in other worldwide markets, your options expand even further.
Australia’s Interactive Brokers
Because of its large selection of global markets, low global brokerage expenses, and low currency conversion fees, Interactive Brokers is the leading provider of global share trading. It also incorporates markets not present in Australian programs, such as international bond markets and US over-the-counter (OTC) small-cap shares. They are undoubtedly one of the top trading platforms in Australia.
Key Distinctive Features:
- Stocks from over 33 countries
- Low brokerage costs for international stock trading
- Currency conversion rate is low.
- Trading in fractional shares
- CMC Markets Invest
CMC Markets provides traders a lot of features and options, including CHESS-sponsored Australian equities, international shares, and currencies. You will also receive helpful trading tools such as advanced technical charts, stock watchlists, and dependent orders.
Key Distinctive Features:
- Global stock trading with no commissions
- For ASX CHESS-sponsored share trading, there are no brokerage costs.
- There are no inactivity or account fees for basic accounts.
- Suitable for both new and experienced investors