easyMarkets Malaysia Review
EasyMarkets Malaysia Review
Malaysian traders look for an honest online broker that offers complex trading. EasyMarkets Malaysia claims to provide its Malaysian traders easy trading with honesty, and transparency. But, how serious and dedicated is easyMarkets Forex broker towards providing the trading services to traders? Is this easyMarkets broker legal and credible? In this EasyMarkets Malaysia Review, we will find out whether easyMarkets stands by the core concept of online trading. So, read this EasyMarkets Review Malaysia and try its services in a Demo Account.
EasyMarkets Review Malaysia – EasyMarkets Company
EasyMarkets is an online broker dedicated to its core like a simple and honest broker. The firm was founded in 2001 and offered more than 200 tradable assets with its competitive platform. It provides various options for trading FX, CFD, stocks, commodities, cryptocurrencies, and indices. The brand was founded on democratizing trading and the value of a transparent trading experience. EasyMarkets platforms were developed to be as user-friendly as possible, ensuring that it is still solid and versatile enough for experienced Malaysian traders.
Initially, the firm began accepting initial deposits of $ 25 and only offered to trade Forex until it became today’s company. Over the years, EasyMarkets has expanded its trading options and CFD offers to include global indices, strengths, metals and more. In 2016, the Trading company name was changed from EasyForex to EasyMarkets.
- Year Founded: 2001
- Minimum Deposit: $25
- Minimum Trade: 0.01 Lot
- Spread: low
- Demo Account: Free MT4 Demo
EasyMarkets Review Malaysia – Regulation and Safety
Before trading with EasyMarkets online broker, you should ensure that your trading broker is controlled. The regulation is essential for the protection of your investment. Traders should be aware of the broker is legitimate or not. To obtain specific approvals and licenses, the broker must meet the criteria to prove its authenticity as a broker.
EasyMarkets Broker is regulated by CySEC (Cyprus Securities and Exchange Commission) with license number 079/07 and license number 246566 by ASIC (Australian Securities and Investment Commission). Also, it is compliant with all ESMA regulations. Since the firm was founded on the core concepts of transparency and integrity, regulations, policies, and claims have been made to ensure that Malaysian traders’ funds and transactions are protected and secured under EU regulators. As a result, this broker has always been a transparent, trusted, and regulated financial services provider.
Check out more Forex Brokers in Malaysia and their reviews.
EasyMarkets is regulated by the following:
- CySEC (Cyprus Securities and Exchange Commission)
- ASIC (Australian Securities and Investment Commission)
Financial Security for Malaysian traders
Securing funds and investments is very important for any trader in online trading. EasyMarkets has financial security programs to protect its Malaysian traders. As part of the core value of transparency, the firm lets its Malaysian traders know that all trader funds have been separated from the easyMarkets fund. Malaysian traders’ funds are segregated and secured and secured in top-tier banks, and customers can access their funds. In addition, the firm offers capital adequacy that maintains adequate liquid capital that covers all trader deposits, potential fluctuations in the company’s currency position, and outstanding costs.
The firm is dedicated to protecting its Malaysian traders and states that Easymarket regularly identifies, evaluates, and controls every high risk associated with its operations. The broker has implemented a secure socket layer (SSL) that protects the website and its platforms from cyber-attacks. In addition, all transmitted information is encrypted.
Also, EasyMarket has negative balance protection, ensuring that the customer’s account will never go below zero. This protection provided by easyMarkets has been an outstanding feature since 2001 at no extra cost.
Summary of the regulation and financial security:
- Malaysian traders’ funds kept in segregated top tier banks
- Funds are separated from the company’s funds
- All transmitted data in the website and trading platforms are encrypted
- Offers Negative Balance Protection
- Offers capital adequacy
- Free Guaranteed Stop Loss
- Fixed Spreads are available
EasyMarkets Review Malaysia – Trading conditions for Malaysian traders
Integrity is one of the key concepts of EasyMarkets; it has dedicated its excellence to its Malaysian traders. The broker offers $100 as a minimum initial deposit for a standard account and a fixed spread. As part of its core values, easyMarkets is committed to providing its Malaysian traders with an easy and transparent trading experience. The firm has built its platform and trading tools into a user-friendly and straightforward yet powerful tool for any trader. The broker offers 200+ global markets and provides a wide variety of options for Malaysian traders to trade on FX, CFD, stocks, commodities, cryptocurrencies, and indices. The maximal leverage is 1: 400 for all accounts (international Malaysian traders) and 1:30 for EU / UK Malaysian traders.
EasyMarkets has collected 37 international awards over the years for its excellence. This broker has been recognized as the ‘Best Forex Broker’ at 2019 The Forex Expo Dubai. Also, at the 2018 World Finance Markets Awards, it was named the ‘Most Innovative Broker.’ And in the same year, it was called ‘Best APAC Region Broker’ by ADVFN International Financial Awards. In 2017, it was named ‘Most Transparent Broker’ by Forex-Awards and ‘Best Forex Service Provider’ on FXWorld. To learn more about EasyMarkets winning prizes, you can visit their official website and see the Bonuses section on their homepage.
With these awards, traders can say that EasyMarkets Broker is living up to its core values as a simple, honest, and transparent broker providing exemplary service to its Malaysian traders.
Facts about the conditions for Malaysian traders:
- The minimum initial deposit is $ 100
- No slippage and fast execution
- Negative Balance Protection
- Guaranteed Stop Loss
- Fixed Spreads
- No Hidden Fees
- Trade on the web platform, mobile app or MT4
- Transparent and straightforward Trading Experience
- 200+ Global Markets
- Tools for beginners & expert Malaysian traders
EasyMarkets Trading Platforms
EasyMarkets platforms were developed to be as user-friendly as possible, ensuring that it is still solid and versatile enough for experienced Malaysian traders. EasyMarkets Broker offers platforms for web, desktop, and mobile trading. This platform is well-developed and promotes easy trading as the main idea of the broker brand.
EasyMarkets offers the following platforms:
- The EasyMarkets Platform
- EasyMarkets Mobile App
- MetaTrader 4
- Vanilla Options
EasyMarkets Review Malaysia – The EasyMarkets Platform
EasyMarkets platform is versatile and straightforward. It is user-friendly and suitable for any trader at any skill level. It has many features for experienced Malaysian traders but is also friendly for new Malaysian traders. Also, Malaysian traders will not receive EasyMarket Free Guaranteed Stop Loss, No Slippage, Fixed Spread, and no Funding or Withdrawal Fee. In addition, it has powerful and advanced tools for daily trading.
EasyMarkets Web Trading Platform is a powerful platform that does not require downloading software. Through this platform, Malaysian traders can easily access all listed assets. It runs on all operating systems, including 81 technical indicators and other analytical tools. Also, it gives various drawing tools for analysis. In addition, it fills the news headlines and the financial calendar, an essential element for fundamental analysis.
Mobile App
EasyMarkets has also created a mobile app trading platform so that Malaysian traders can trade anywhere and anytime. This platform is called EasyMarket Mobile App. It’s accessible, easy, intuitive, and powerful on iOS or Android devices. Whenever connected to the Internet, it gives Malaysian traders access to markets everywhere. This platform enables Malaysian traders to access market news and live pricing without the app. It embodies powerful tools in your daily business. It has analytical tools like technical indicators and charts, and you can monitor your account in real-time in the palm of your hand. This app is available for download on the AppStore for iOS and Google Play for Android devices. This EasyMarkets Review Malaysia will help you to understand what is EasyMarkets trading.
EasyMarkets MetaTrader 4 (MT4)
MetaTrader 4 (MT4) is a famous trading platform among Malaysian traders, and EasyMarket has included this powerful platform in its list. This platform allows Malaysian traders to use advanced trading knowledge to customize their terminals and display multiple live charts using technical indicator overlays. Due to the ability to integrate many features that allow proper market analysis and automated transactions, most Malaysian traders choose to use the MT4 platform. In addition, advanced Malaysian traders also prefer this platform because it shows the amount of information displayed in a window.
It contains pre-installed indicators and analysis tools. In addition, Malaysian traders can customize and create trading templates or select from pre-designed templates. Easy Markets MetaTrader 4 has 80+ markets, including currencies, metals, commodities, indices, and cryptocurrencies. Price transparency has specific spreads, and all expert advisors are accepted. However, Easymarket does not guarantee any trader intervention without the type of order you placation.
Trading Tools
EasyMarkets trading platform has analytical tools, technical indicators, and charts. Additionally, these tools are essential for getting good trades. For example, the charting tool helps you to identify market movements. Market trends and volatility are significant because they determine your next step’s success. When volatility is high, this means that a value can potentially expand over a broader range of values, and the importance of a discount can change drastically in a short period from both sides.
Another essential thing to know is how technical analysis works and helps you in your trades. A technical indicator is a mathematical calculation based on historical value, volume, or open interest information. This tool aims to predict the direction of financial markets. It helps you know what next movement you need to do to get a plus.
The easyMarkets platform offers both of these analytical tools. Professional charting and technical analysis are made possible and easy. As one of the core values of Easymarket, it promises to make trading easy and honest to its Malaysian traders.
Some unique features of the easyMarkets trading platform:
EasyMarkets offers some unique features for those who want to succeed. Brokers and outstanding develop them. For example, with “Deal Cancellation,” you can undo lost trades in less than an hour’s fee. It is an excellent opportunity for those who are doing trading news events. This tool protects you from high volatility.
Another tool is the “freeze rate.” You can freeze the price for 3 seconds. It can be helpful by trading the market news or by correct execution.
Open your free Demo Account with easyMarkets
EasyMarkets was established to facilitate trading, and it is the same with opening an account with them. You can easily open a demo account or a live account. All you have to do is sign up for their official website, enter your email, and create a password. After that, you can sign up using Google or your Facebook account. We strongly recommend using a demo account first before doing live trading. The risk is high when you trade, and it is essential to be aware of it. To be comfortable with the platform you will use to avoid unwanted trading, you must first know what strategies you will use and for yourself.
Account Types
Creating an EasyMarkets account is so simple, fast, and accessible. The firm offers three types of accounts: Demo Account, Live Account, and Professional Level Account.
- Live account
EasyMarkets Live Account is used for live trading with real money involved. Signing up is the same as signing up for a demo account. It’s simple, easy, and fast. Register an email address and create a password, or if you want to use a social media channel, you can use your Google Account or Facebook account to sign up with easyMarkets. A minimum initial deposit of $ 100 is required for a standard account.
As mentioned above, trading requires high risk. The firm has a risk claim that states: “CFDs and alternatives carry an increased risk of losing money quickly due to complex materials and leverage. When trading CFDs with this provider, the retailer loses 74% of its account balance. It would help if you considered how you understand CFD and its options and whether you can afford the high risk of losing money. “We recommend that you practice your trading skills first before going live.
easyMarkets Islamic Account Malaysia
easyMarkets offers an Islamic account option for traders in Malaysia. This account follows the principles of Shariah law, making it suitable for Muslim traders who want to ensure their trades are in line with their religious beliefs. Traders can enjoy the benefits of trading with a trusted and regulated broker while adhering to the requirements of Islamic finance. The account is interest-free, meaning traders do not have to worry about earning or paying interest on trades.
Additionally, easyMarkets provides a transparent and ethical trading environment, ensuring that all transactions are fair and free from speculation. Traders can access a wide range of financial instruments, including forex, cryptocurrencies, commodities, and indices. This allows them to diversify their portfolios and take advantage of various market opportunities. With easyMarkets Islamic account, traders in Malaysia can confidently participate in the financial markets while remaining true to their religious principles.
Deposit and Withdrawal Options
Depositing and withdrawing from EasyMarket is easy and straightforward. It offers its Malaysian traders multiple ways to deposit and withdraw funds, including bank transfers, a selection of credit, debit, online cards, and eValet. The broker does not charge a fee for raising or withdrawing funds from your account. The minimum initial deposit is $ 25 and is committed to the core concept of honesty by being transparent to its Malaysian traders without any hidden fees.
Deposits can be made instantly on electronic trading platforms. Also, withdrawals can take up to 1 – 3 business days. It depends on your payment method.
Payment methods that can be used:
- Bank transfer / Bank Wire
- Credit Cards (Visa, MasterCard)
- Skrill
- Neteller
- UniPay
- fasapay
- Alipay
- Sofort
- BPay
- giropay
Customer Service
There are several ways to reach easyMarkets customer service and support. The firm can be contacted through phone, various chat channels, emails, and web forms. The support desk works 24/5 and has different language support. The key value of easyMarkets is to simplify trading and its customer support and service is one-factor proof that their support team is easy and convenient to reach.
EasyMarkets provides support for various chat channels. You can get their help through live chat on Facebook Messenger, WhatsApp, Viber and their website. This is convenient and we can say that it is easy to contact the simple market support team with these chat options.
You can also send a request for help via email and it’s straightforward. All you have to do is fill in your name, email and put your message in the form from their website and a support agent will respond to the request via email. Email is support@easymarkets.com and Complaints@ easymarkets.com.
Fees and Charges
EasyMarkets does not charge a fee for financing or withdrawing from your account. The minimum initial deposit is $ 100, and the fixed spread is the firm promotes the core value of its integrity and does not promise any hidden charges. In addition, you can open a demo account or a live account with EasyMarket at no cost.
Fixed spreads are a huge advantage over other CFD brokers because you know exactly how much you have to pay. Spreads starting at 0.9 pip on EUR / USD. They depend on your trade market. For more information, you can read the resource information on the homepage. Also, there is an overnight fee (swap) because trading positions are leveraged. Fees depend on the size of the asset/market and location.
Fees of easyMarkets:
- The minimal initial deposit is $100
- Fixed spreads starting at just 0.9 pips in the EUR/USD
- Overnight fees (Swap) for leveraged positions
- No hidden fees
- Does not charge any fees for withdrawals and deposits
Advantages
- Regulated and Authorized
- It has an interactive user interface
- User-friendly and straightforward, yet powerful Platforms
- Advanced Trading Tools
- Transparent and Honest trading experience
- 200+ global markets
- Fixed Spreads
- Quality support and services
- 24/5 customer support
- several support channels
- Offers mobile trading
- Offers free demo account
Conclusion
EasyMarkets offers over 200 tradable assets with its competitive platform. In addition, it provides a variety of options for trading FX, CFD, stocks, cryptocurrencies, commodities, and indices. The broker was founded on the idea of democratizing trading and the value of a transparent trading experience. As a result, the company has made its tools and platforms user-friendly and straightforward but powerful tools for any trader.
Since the firm was founded on the core concepts of transparency and integrity, regulations, policies, and claims have been made to ensure that Malaysian traders’ funds and transactions are protected and secured under EU regulators. It is regulated by CySEC (Cyprus Securities and Exchange Commission) with license number 079/07 and license number 246566 by ASIC (Australian Securities and Investment Commission). Therefore, we can say that this CFD broker has always been transparent, trustworthy. They regulated financial service providers.
The brand has garnered 37 international awards, with some calling it the “Most Transparent Broker.” This is because EasyMarkets stands on the core values of a simple, honest, and transparent CFD broker. As a result, we can confidently say that it is legitimate, trusted, and reliable broker.