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:: PRODUCT REPORT »

Easy-Forex Report

Easy-Forex is an online Forex trading platform that claims simplicity of use, thus the name 'Easy-Forex'. They use visually intuitive presentations to help give you a clear and complete picture of all profit/loss scenarios. In addition Easy-Forex has a feature that allows you to see what all their other traders are trading and how.

Easy-Forex offers free, live one-on-one training for their system from a personally assigned account manager. They also offer a comprehensive introductory Forex ebook that covers all the points a novice trader will need to understand prior to trading.

The Easy-Forex online Forex trading platform is hosted on their servers. There is nothing to download to your computer. This is convenient if you travel since you can do your online Forex trading from anywhere you have a broadband internet connection. However take note that you will want to refresh your screen often or just log out when not actually using Easy-Forex or it will become slow and stodgy. This is common for all online platforms, Forex or otherwise.

Easy-Forex has all the standard features one would expect of online Forex trading platform:

  • Take profit and stop loss settings.
  • Easy deposits through a credit card.
  • Low minimum deposit ($200).
  • Real time quotes and analysis charts.
  • Margin ratios of 1:50, 1:100, 1:200
  • Mini and special term accounts
  • Margin ratios of 1:50, 1:100, 1:200
  • CFTC registered and a NFA member
  • For a complete list of features click here.

There are many complaints about Easy-Forex on the web, in forums and such. There are also those that like the system, trade with it consistently and give them a good rating, but the majority consensus seems to be that Easy-Forex should be approached with extreme caution.

Easy-Forex has no exclusions stating they do not take market positions themselves. This means they probably trade Forex actively. This could also result in the Easy-Forex trading directly in opposistion to your position. This creates a conflict of interest in our opinion.

Go to the Official Easy-Forex Website

Top Rated Broker

:: FEEDBACK & OVERVIEW

Overall Rating:

Easy-Forex should be approached with extreme caution, if at all, to use as your Forex broker service.

Note: To see a review on our top rated brokerage service click here.

 

Actual Customer Feedback:

"Their interface [is] quite easy to use..."
Portion of actual user review on TalkGold.com

"Easy-Forex's spreads are too high for my liking. As a rule of thumb look for brokers with spreads of 2 pips on majors (or 3 at the most)..."
Portion of actual user review on ForexForums.com

"Easy to use but the spreads are too high."
Portion of actual user review on TopTenForex.com

Our Research on Easy-Forex Suggests:

According to the general online consensus (where our research is based on unbiased, non-vested comments & articles), Easy-Forex, at best, should be approached with extreme caution.

Though their platform seems to be pretty good, by taking a market position they create a conflict of interest between themselves and their clients

Verdict:

Easy-Forex should be approached with extreme caution, if at all, to use as your Forex broker service.

Go to the Top Rated Broker Report

:: PRODUCT DETAILS

Company Info:

Easy-Forex is located in Cyprus. Easy-Forex was founded in April of 2008.

For more information about this company, you may want to search the BBB

Product Specifications:

A full service Forex broker offering an online trading platform.

Price: N/A
Return Policy: N/A

Go to the Official Easy-Forex Website

Top Rated Broker

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