Easy-Forex was developed by a group of bankers and foreign
exchange experts. Their goal was to establish a trading
platform that will be easy to use by any end user. Easy-Forex
assumes the position of a market maker, with its liquidity
providers being USB (in Switzerland) and The Royal Bank
of Scotland (RBS).
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Easy
Forex, and join free of charge!
The company's headquarters are in Cyprus
with offices, trading rooms and customer support centers
around the world. Easy-Forex is proprietary software
and was the first to offer a no-download platform. It
is available in English, Dutch, Spanish, Russian, Arabic,
Chinese and Hebrew.
Account registration
The registration process is quick and simple and it is
easy to make a deposit of funds. Deposits are accepted
via the major credit cards as well as PayPal. Withdrawal
process is as easy, however the first withdrawal requires
speaking to the company over phone and presenting them
with an ID and with legitimate bank account details, in
means of protection from any money laundering attempts.
Executing deals in the Easy-Forex system requires only
a few simple steps, however an understanding of the basic
terminology of the FOREX market is necessary.
Forex Trading Tutorial
The site offers a guided tutorial of dealing in the FOREX
Market using Easy-Forex, and upon registration each user
is contacted by an account manager who will walk them
through the initial stages of dealing. This personal account
manager is available during the local business hours,
and the dealing room is open 24/7 for technical support.
In addition Easy-Forex offers its more prominent clients
advanced training for using the system and trading in
the market.
Setting up Easy-Forex account
When first setting up an account with Easy-FOREX you may
define the type of account you wish to use according to
the level of risk you are willing to take. You may open
a mini-account with a margin of as little as $12.5. Additional
account types are Gold, Platinum and a Tailor Made Import-Export
account. The type of the account will also determine the
spread offered to the client, ranging from 10 pips for
a mini-account, 7 pips for gold accounts, 5 pips for platinum
accounts and 3 pips for tailor made accounts.
Spreads & positions
The spreads are the source of earning for Easy-Forex and
there are no other commissions for deals performed on
their system, with one exception being a renewal fee for
rolling over positions on Day Trading to the next day.
Every deal that is set using any of the products Easy-Forex
offers, can easily be adjusted to the trends in the markets.
These adjustments are possible under the “My Position”
section where the trader can monitor and control each
of his deals.
Every action is recorded in the system, as well as confirmed
by an automatic email.
Additional activity logs can be found in the following
sections:
“My Account” tracks your balance, showing all deposits,
credit card charges and withdrawals; The “History” section
shows the outcome of all closed deals.
In order for the trader to best carry out decisions Easy-Forex
provides Reuter’s world news that may affect the FOREX
market, a financial calendar and a set of charts and analytical
tools that are quite easy to comprehend.
With a good understand of the FOREX market and guidance
provided by Easy-Forex representatives it is actually
easy to trade using this system. All the tools needed
for executing deals, monitoring them and making the best
decisions about them are highly accessible and user-friendly.
