Saturday, October 31, 2015

Best Forex Brokers:LiteForex Review

Best Forex Brokers:LiteForex Review

Liteforex is a Forex broker that offers the market-standard advanced MT4 trading platform. In that sense they are very similar to many other brokers using that platform. It seems that Liteforex wanted to differentiate themselves from the pack, and so they did so by implementing a $1 minimum deposit in order to start trading, which is a tremendous advantage over the majority of brokers that have a $100 minimum deposit, if not more.  
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LiteForex, as opposed to many brokers we have reviewed, focus primarily on the foreign exchange market, and do not get distracted trying to offer trading on other markets. This can of course be seen as a disadvantage, but in this case, I think it has contributed to LiteForex's excellent offering. Since they are focused solely on Forex, they make sure that their offering is on the highest of levels at all times.
As mentioned, LiteForex works with the Meta Trader 4 trading platform, which essentially means you can trade with all the bells and whistles offered to Forex traders around the world. These trading features include Stop Losses, Take Profits, Instant Execution Technology, Limit orders, Trailing Stop orders, and much more. LiteForex does make sure to separate themselves from their competition by offering many different features not supported by the average Forex broker.
Let's start with mobile trading. It is pretty clear to all that the mobile industry is booming, and the Forex industry as a whole has not caught up yet. Too many brokers do not offer mobile support. With LiteForex, they have full support for mobile trading with a downloadable MT4 platform for your mobile device. An additional advantage that I have not encountered with any other Forex broker is the ability to open a LiteForex account with a single US dollar. Now, do not fool yourself, the value in this is not that you are going to become a millionaire from a $1 investment, because you wont. What this offers is a means for new traders to gather experience in real Forex trading with a minimal investment. This, in my opinion, is worth more than the actual money you can make from the $1 investment. Not to mention, that this is a great PR and marketing move on the part of LiteForex, and one that once again, separates them from the pack.
LiteForex also offers the standard free demo account and advanced trading tools, such as market analysis, trading history, and of course the ability to trade with a high leverage if you are so inclined. They also offer various types of accounts to meet the demand of traders' on all levels of experience, something I have not encountered with too many other brokers, at least not this many. LiteForex makes the registration, deposit, and withdrawal processes as easy as possible with the option to open an account using one of many payment methods such as bank ware, moneybookers, Webmoney, Liberty Reserve, and Alert Pay.
The withdrawal process with LiteForex is also relatively painless with some traders reporting a minimal withdrawal delay of less than 48 hours. LiteForex supports over 40 currency pairs with the typical spreads for the majors fluctuating around the 3-4 pips. They also offer a no-commission policy, another huge advantage over past brokers we have reviewed.
LiteForex's website is available in 14 languages, just another indication that they strive toward excellence. To just add another feature that impressed me about LiteForex, they offer a state-of-the-art customer support solution, which is based on an advanced chat room, in which you can speak to their representative as well as other traders in English, Spanish, Portuguese, or French.
They also offer Forex training on their site, that consists of some very informative articles on a variety of topics, if you are new to the market. In addition to their chat functionality, they also provide the basic contact information such as email and phone numbers, and are pretty much available to answer any of your questions, around the clock.
LiteForex was established in 2005 and now have a global presence with offices in many countries around the world. 
LiteForex's declared mission is to “provide opportunity for individuals around the world to trade on financial markets under equal conditions like traders operating in traditionally closed financial centers and institutions”. 
With their advanced trading platform, their high level of customer support, and their wide and growing spectrum of features and advantages, I think they are well on their way to accomplishing their goal.
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Friday, October 30, 2015

Best Forex Brokers:FxNet Review

Best Forex Brokers:FxNet Review

General Information

Founded in: 2012
Headquarters: Cyprus
Commissions: None 
Minimum deposit: None
Languages available: English, Greek, Mandarin, Japanese, Russian, Korean
Leverage: Up to 1:500
Regulation: CySEC 
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FxNet.com is a global online Forex and commodities broker that provides investors around the world with full service Forex trading. FxNet is a fully licensed over the counter brokerage located in Limassol, Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). 

The FxNet website provides features and tools that are easily understood by beginner traders as well as professional investors. The homepage of the website is packed with all sorts of useful data and opens up easily to instructional pages regarding the various available accounts, payments, withdrawals etc. 

The buttons that are found at the top for their demo account and real account were clearly defined as is access to their various accounts, platforms and other products. Overall, we found the FxNet website extremely user-friendly and easy to navigate throughout this FxNet review.

Account Types

Account Types Among their many features, FXNet offers several platforms including the FxNet MT4 Desktop which can be loaded directly to a Laptop or PC and has a user friendly interface and analysis tools. The FxNet SimpleTrader is also a user friendly platform and is custom designed to suit both veterans and newcomers alike. The SimpleTrader is quick and easy to master, whilst offering multiple charting and analysis tools.

Another platform, the FxNEt Droid Trader, provides an integration for Android smartphones and gives traders full access to their FxNet accounts 24 hours a day with full trading functionalities, including charting and news feeds. Through the Android powered mobile devices, traders can carry out technical analysis while on the go and perform their trades whenever they wish and wherever they are.

FxNet believes in keeping things simple and efficient and offers only 2 basic account types- the Standard Account and VIP. These accounts allow trading from as little as 0.01 lots (1 thousand units) to 20 lots (2 million units) per transaction. Accounts are designed to accommodate every client’s preference and vary according to a trader’s needs. 

There is a wide choice of financial instruments to choose from including the major s, minors, exotics and CFD’s on stock indices as well as commodities comprising gold, silver and oil. All trades are offered at fixed competitive rates and follow the company policy of ‘No Re-quote, No Rejection’ for all executions. Prices are quoted to one tenth of a pip (5th decimal on most instruments) so as to give the most accurate pricing to all clients. Like most Forex brokers, trading can be done 24/5 all year round. 

FxNet also offers a Multi Account Management (MAM) option which allows the trader to trade in many accounts (sub accounts) from the one master account. The Master account will perform a trade which will be replicated in the sub accounts that the Master account has under it. MAM is available for those using the MT4 platform wherein the allocation of profits and losses from the trades may be distributed equally or as specified by the master account.

The brokerage has been fully integrated into the ZuluTrade platform which a trader to choose and follow signals from the most successful traders currently trading. This eliminates the need to spend hours studying charts and trying to analyze patterns.

FxNet Products

Additional Features

During the course of our FxNet review we also came across several interesting features that are unique to this brokerage. For example, the company offers a choice of two different bonuses: a 50% margin bonus and a 15% rescue bonus. 
In addition, their demo account offers what they call an “Expert Advisor Demo Account” where prizes of up to $5000 can be won.
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Final Thoughts

With no specific minimum deposit and integration of today’s hottest platforms and applications like MetaTrader4 and ZuluTrade, we found FxNet to provide an entirely comfortable trading experience for traders at all levels.

Tuesday, October 27, 2015

Best Forex Brokers:IronFX Review

Best Forex Brokers:IronFX Review

 
 
IronFX is a Cyprus based broker that allows traders access to a variety of markets and offers a multitude of trading opportunities for their clients. IronFX Global complies with international regulatory standards, and is authorized and regulated by FCA, ASIC, FSP, CRFIN, UCRFIN and CySEC. With a large list of available trading instruments, the trader will always find a way to participate in Forex global markets. IronFX maintains over 55 offices worldwide with more than 1,200 employees and provides customer support in over 45 different languages.
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IronFX offers more than 200 instruments in Forex, spot metals and CFDs on US and UK stocks and commodities. IronFX Global serves retail and institutional customers from over 180 countries in Europe, Asia, the Middle East, Africa and Latin America. They offer15 trading platforms and leverage up to 1:500. Because of this, we can see that there is almost always going to be a way of taking advantage of currency movements. However, the opportunities don’t stop there either. They also offer futures contracts and spot metals (via the CFD market) that can lead to other trading opportunities, or if the trader prefers – to be used as a barometer for well known correlations between currencies and commodities such as the relationship between gold and the Australian dollar.
IronFX offers multiple account sizes. The micro account can be opened with as little as $500 USD (or equivalent) and allows the trader access to as many as 170 tradable instruments. This allows the “little guy” to step into a truly global marketplace, and take advantage of the various markets in an affordable way. 
IronFX has variable spreads in the Forex markets, with very tight spreads during typical trading conditions. The broker also offers a 500 to 1 leverage amount, so as a result you get a large amount of leverage in order to take advantage of using small amounts of margin. It should be noted that the CFD market for stocks has a fixed and small spread for traders.

The platform

IronFX uses Metatrader4, one of the most familiar platforms on the planet. This platform has a multitude of indicators, and there are almost limitless ones on the Internet that you can download. Automatic trading is possible, and as a result the MT4 platform is one of the most favored by traders.
Beyond MT4, IronFX offers a Web Trader platform so the trader can access their account anywhere there is an Internet connection. The broker also offers several different platforms that work on smart phones, iPads, and other mobile devices.
Deposits and withdraws can be done by using PayPal, Bank Wires, Visa, MasterCard, Union Pay, Skrill, and Neteller.

Impressions

The ability to trade so many markets is without a doubt the biggest advantage to using IronFX. There are some deposit bonuses at the time of this IronFX review, but it appears that they change from time to time, so you will have to check the webpage first. Also, there is a nice section for research and analysis, so the trader isn’t on his own.
The markets that are available will allow the trader to take advantage of global markets and attitudes. This allows you to take a stand on gold, while looking at the British pound and several major stocks. By doing so, the trader can have a nice balanced portfolio over time.

Monday, October 26, 2015

Best Forex Brokers :Exness Review

Best Forex Brokers :Exness Review

The EXNESS Group opened its doors to the public in 2008 in St. Petersburg, Russia and committed itself to offering its clients high quality trading services in several financial markets.  It has come a long way since then and is today a leading Forex and ECN broker. EXNESS prides itself on honesty, openness and transparency and is regulated by CySec in Cyprus as well as by the Financial Service Provider Register in New Zealand.
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EXNESS LT (NZ) has been recognized by awards from the famous financial publication World Finance Media for "Best Trade Executions", "Best Order Management" and "Best Mini Broker." By the middle of 2014 EXNESS clients' monthly trading volume was more than $180 billion.

Features

The first thing that hits you when you open the EXNESS website is its cool images which are large and colorful and exciting to look at. Since EXNESS is a partner of the Infiniti Red Bull Racing Championship, the snapshot of its flashy Infiniti racing car is certainly not out of place.
And since the website is available in 23 different languages including English, Chinese, Russian, Vietnamese, Farsi, Hindi, Urdu, Tamil, Thai, Bengali, Indonesian, and Malay, people from all over the world can participate in the fun.
Exness Features
Exness Features
The EXNESS Group offers clients access to the interbank market through an ECN, which is based on a software "aggregator" that coordinates the execution of client orders at the best prices from among several well-known liquidity providers connected to the "aggregator".
The transaction is executed by the liquidity provider that offers the best price for the specified volume at a given moment. Information about the liquidity provider to which a transaction was submitted is stored in our company's database. The client can be provided with this information upon request.
The broker does not currently offer Swap Free ECN accounts because liquidity providers perform swaps on behalf of the company.
The EXNESS Group gives traders an opportunity to trade in CFDs on futures, the underlying asset of which is oil.
The EXNESS Group is involved in various social causes. It currently supports WWF Russia's projects to restore rare species: the Persian leopard in the Caucasus and the Siberian tiger in the Far East.

Accounts

EXNESS offers tight floating spreads on three different trading accounts: the Mini, the Classic and their ECN accounts. No minimum deposit is required for the Mini account but only 100 positions can be open at one time. Also the spread is 0.3. The spread in the other two accounts is 0.1 and there is no limit in the amount of positions a trader can hold. The Classic account requires a $2000 opening deposit and the ECN $300. Trade execution is immediate for all accounts. ECN accounts have direct access to Interbank liquidity.
Exness Account Types
Exness Account Types
Clients have access to 1:2000 leverage which considerably lowers margin requirements and allows trading strategies to be managed flexibly.
A demo account can be opened for those wishing to practice their trades before putting their money at risk. Funds can be replenished in the demo account at will by filling out an online request form.

Bonuses/Promotions

The big promotion offered when doing this review and which is available until July 27th, 2015 was the Infiniti Red Bull Racing competition. The Grand Prize for the winner of the best submitted photograph was a visit with the Infiniti Red Bull Racing Team in Abu Dhabi.
The next few prizes were replicas of the race helmet of Daniel Ricciardo or Daniil Kvyat signed by the drivers.
No additional bonuses or promotions were being offered at the time of this review.

Education

EXNESS posts up-to-date financial news and announcements of events occurring around the world directly to their website for all to read.
By clicking on any of the links in their ‘library’, anyone can access the numerous textual guides and explanations of general financial terms as well as topics specific to EXNESS.
EXNESS clients also have access to the most relevant economic news affecting the Forex market from Dow Jones News, the leading provider of information in the world of business and finance. The Dow Jones news coverage offers real-time broadcasting without delays. The news is available to clients, who have opened trading accounts with EXNESS.
A trader’s calculator/currency converter is available as are updated analytic reviews on currency pairs.
Exness Calculators
Exness Calculators
Exness Technical Analysis
Exness Technical Analysis
An additional useful feature is a listing of quotes history that contains information on the exchange rates of Forex currency pairs and other financial instruments over various time periods. This is a live application which can be downloaded into a MetaTrader terminal and used to test strategies and perform technical analysis.

Deposits/Withdrawals

Funds can be deposited using a wide variety of deposit and transfer possibilities including wire transfers, credit cards Neteller, Skrill and others.  One of EXNESS's main advantages is the automatic withdrawal of funds using a number of electronic payment systems, providing traders with around-the-clock control of their trading accounts' funds.
Withdrawals are done instantly upon request and funds are returned using the same method employed for the deposit.
A useful chart, not offered by many other brokers, lists each method of deposit and its advantages and disadvantages for the trader.

Customer Support

Client support is available in 13 languages, including 24/5 support in eight languages and 24/7 support in three languages (English, Chinese, and Russian).
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Conclusion

I found my broker review of EXNESS to be a pleasant experience and I actually had fun doing it. The information is clearly presented and navigation throughout the site runs smoothly. The broker’s popularity can be evidenced by the continuing number of clients reported each year. 

Sunday, October 25, 2015

Top Forex Brokers : Plus500 Review

Top Forex Brokers : Plus500 Review

History and Background
Plus500 is an online brokerage service specializing primarily in the forex market. Headquartered in the UK, they are also authorized and regulated by the British Financial Conduct Authority (FCA). The company is registered under the name Plus500UK Ltd with registration #07024970. The FCA registration number for the firm is ID #509909.
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Please note that Plus500 does not accept U.S. clients. Therefore, if you are located in the United States, we suggest choosing another top rated broker. As you can see in the comments below Plus500.com is a very trustworthy and reputable broker that we can really recommend for non US clients.
         * Your capital may be at risk
         *  Plus500 is a CFDs service

Account Types

Plus500 offers two account options, consisting of a demo account, which has no time limit and can be opened free of charge, and a live account that requires a minimum deposit of $100. Plus500 offers customers a $20 "welcome" bonus on all accounts, including the demo account and generous bonuses of up to $7,000 for initial funding. Leverage for forex accounts is a maximum of 50:1.
Trading foreign exchange on margin poses a high risk level and it may not be fitting for all types of investors. The elevated degree of leverage can cause positive and negative outcomes.

Trading Software

Plus500 offers a comprehensive and easy to use proprietary trading platform and technical analysis software for their clients. The trading platform allows the trader to trade in multiple markets from the same screen and provides real time quotes for all of its products.
In addition to forex, Plus500 clients can also trade commodities, stocks, indexes, ETFs and CFDs from the same trading platform, a significant advantage to using Plus500 as a broker.
Besides its ease of use, the main advantage of the Plus500 trading platform consists in an all inclusive trading screen with clearly labeled tabs on top for details on past trades and current positions, as well as multiple market trading capabilities. Charting software is included with the trading platform, but charts appear individually, since the charting software does not allow for multiple graphs on the same screen.
The Plus500 trading platform comes in three different versions: a downloadable version, which can be copied to your laptop or desktop, a web-based version, which allows the trader to access the platform from any other computer, and a mobile version for use with cell phones and other mobile devices.

Deposits and Withdrawals

Funding an account at Plus500 can be accomplished through a Visa or MasterCard credit card, MoneyBookers or through a wire transfer. The fastest way to begin trading is by depositing through a Visa or MasterCard. The customer just has to go to the Plus500 cashier screen and fill out their credit card details to begin trading immediately.
Funding an account through Moneybookers is just as easy. The customer must navigate to the "Funds Management" window in the trading platform, select the Moneybookers option, and enter the Moneybookers e-mail address. A new pop up window will open where the Moneybookers transfer can be confirmed.
Deposits made to Plus500 through a wire transfer are generally straightforward but take up to three days to show up in the account. For a wire transfer deposit, go to the "Funds Management" window, click on "Wire" and then click on the "Send me Wire Details" option. Plus500 will then email the customer with the wiring details.
The Plus500 email will give the customer the details for wiring funds to their bank and also state the minimum and maximum deposit amounts allowed through a wire transfer. The minimum deposit is £300.00, while the maximum deposit amount is £100,000.
Due to FSA regulation, withdrawals from a Plus500 account require that the customer present an official photo ID. The ID must be a current passport, driver's license or other official document and must be presented before being allowed to make a withdrawal.
This information can be sent via e-mail or by uploading a pdf, tif, jpeg or doc type file with the upload function provided on the Plus500 trading platform. Clients should allow up to 24 hours for the files to be reviewed. If the identification document cannot be scanned, the client can photograph the ID with a digital camera or a mobile phone.
Risk disclaimer: Forex trading involves substantial risk of loss and is not suitable for all investors. You may lose more than your initial investment.

Customer Support

Plus500 offers e-mail and fax support in multiple languages 24/7, nevertheless, they do not offer online chat or telephone support, which can be a disadvantage if the customer loses internet service or their computer crashes while trading. Please have a look at the comments below and you'll see that they have an active customer support holding their promise to help their clients with every issue.

Safety

Plus500 is authorized and regulated by the British Financial Conduct Authority (FCA) with their registration number being #509909. We feel that this forex broker is a very safe broker to trade with. Please also read the comments below which will give further evidence of this.
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Conclusion

Plus500 makes a good choice for non-U.S. traders with an easy to use trading platform which offers multi asset trading capability. New traders can take advantage of the unlimited time to use the demo account, while seasoned traders can take advantage of tight dealing spreads and the generous bonuses offered when initially funding the account. Also, the Plus500 trading platform offers traders the possibility of integrating their trades in other financial markets, all on one screen. Overall, Plus500 makes an excellent choice for an online broker.

Best Forex Brokers:Plus500 Review

Best Forex Brokers:Plus500 Review

Plus500 Forex Trading
Plus500 Ltd is located in London, UK. It operates its CFD business through its subsidiaries: Plus500UK Ltd, which is authorized and regulated by the Financial Conduct Authority (FCA); Plus500AU Pty Ltd which is regulated by the Australian Securities and Investments Commission (ASIC) and Plus500CY Ltd which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) as well as by the Financial Conduct Authority (FCA). Plus500 is also listed on the London Stock Exchange. These regulations make it entirely safe to deposit funds and to trade with Plus500.
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Features

Plus500 offers a powerful CFD trading platform that adheres to the highest standards and allows thousands of traders to trade CFDs on over 2,000 instruments including 50 Forex pairs and ETFs, Shares, Commodities and Indices across more than 20 markets worldwide. A minimum deposit of $200 is required to open an account.
There are several risk management tools offered at Plus500 traders which provide traders with a certain peace of mind. Traders can manage their own leverage and can trade with high, low or no leverage depending on their 'Total position value' and ‘Equity' which is determined by depositing or withdrawing funds. 'Total position value' and 'Equity' can be viewed from the Account Snapshot page which is accessed from the main trading window.
Plus500's Risk Management Tools
Plus500's Risk Management Tools
Traders can also set guaranteed 'Close at Profit' [Limit] or 'Close at Loss' [Stop loss] price levels for specific instruments which can limit the trader's risk and. In addition, they can set price alerts to be notified when the market reaches a specified buy or sell price. Unlike a stop, a price alert keeps the position open, so a trader can decide what action to take as the market moves. In the Instrument list and Instrument Details screen there is a bell icon - clicking the bell will open a ‘Price Alert’ screen.
An additional tool offered at Plus500 is their trailing stop which is similar to a price limit, as both are designed to protect profits. A trailing stop placed upon opening a trade will lock in profits by closing a position at the trailing stop’s new level and not the level you originally placed it at thus limiting any “downside” risk without having to manually monitor a position and adjust the stop price.
Plus500 was one of the first brokers to offer leveraged trading on bitcoins which were made available as CFDs in April, 2013 and the broker offered 1:4 leverage at the time. In January 2014, it responded to demands of its clients and increased its leverage to 1:10. Plus500’s bitcoin CFDs expire monthly. In all other aspects, the bitcoin is treated the same as the other Plus500 CFDs and can be traded in the Plus500 demo account.
The Plus500 website can be viewed in 32 different languages and visitors may be automatically redirected to the site in the language they come from even if they'd been previously browsing the web in another language and can then navigate back to another language if desired. This makes the user feels comfortable.
When doing this Plus500 review I especially liked the fact that unlike many other brokers that pass the trader's information to an aggressive sales team, Plus500 has no sales team at all. Interested traders need only complete the application process and deposit their funds. This makes Plus500 an excellent option for motivated traders who don't want to be hounded but who want to explore the world of financial trading on their own.
One of the most valuable features at Plus500 is the company’s free demo which is unlimited in time and can allow traders to practice for as long as they deem necessary. While an unlimited free demo is not entirely uncommon, it’s always welcome and appreciated.

Deposits/Withdrawals

Deposits and withdrawals can be made via credit cards, bank transfers, Paypal and Skrill.

Plus500 Bonus

Bonuses are always appreciated by a brokerage’s existing traders and they work as a great incentive for new clients. Plus500 offers several of bonuses and varies them from time to time to make things more interesting.
There were two bonuses being offered at Plus500 at the time of this review. Traders making a deposit upon opening an account are granted a generous Plus500 Deposit Bonus. The bonus varies according to the amount of funds deposited. For deposits of $100, $30 is awarded; a $500 initial deposit receives an extra $150; $750 receives an additional $200 and anyone depositing $5000 into an account will be credited with an extra $1000. Deposits can be made in the acceptable forms of money payments listed above.
In addition, there is a $25 Plus500 non-deposit bonus that is credited to a trade’s account at the time of account registration. The Plus500 non-deposit bonus is ideal for traders who wish to take the Plus500 trading platform for a test run before deciding how much money to deposit in their trading account.
At the time of this review, a new sponsorship agreement had just been signed between Plus500 and the Atlético de Madrid football team whereby Plus500 sponsors the Spanish team. Although this doesn’t have any bearing on the broker as a service provide, we find it as a good sign of the company’s expected longevity and found that it certainly provides a feeling of good will towards the brokerage.

Customer Support

Plus500 offers customer service 24/7 via email or fax only. There is no chat.
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Conclusion

The Plus500 website is uncluttered and user-friendly which makes a pleasant trading experience for both beginner and experienced traders. With almost fifteen years of experience, it’s no surprise that Plus500 has grown into one of the top CFD services on the market.

Remember that CFDs are a leveraged product and can result in the loss of your entire deposit. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved.

Saturday, October 24, 2015

Top Forex Brokers:Easy Forex Review

Top Forex Brokers:Easy Forex Review

Easy Forex is a forex broker with more than a decade long history. Headquartered in Limassol Cyprus, the firm has offices in the UK, Poland, Australia and Shanghai. Easy Forex holds the Australian Financial Services (AFS) Licence 246566 and license from Australian regulator ASIC, and the similar regulatory bodies in the EU. As of July 2010, Easy-Forex no longer accepts U.S. clients and are no longer members of the NFA.
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Safety
As a forex broker that has been operating since its foundation in Cyprus in 2001, Easy Forex has grown to be one of the most reliable and well-respected firms in the industry. Due to its long history, the company has a well-established security structure that allows the customers a safe and sound trading environment. Separately from regulatory supervision clients of Easy Forex are protected from fraudulent activities by the firms employees by internal auditing.
To secure the safe transfer of client data and to guarantee the privacy of client information, Easy Forex employs the services of VeriSign and the latest secure socket layer technology. As one of the internet security businesses most powerful participants, VeriSign is one of the first choices of any firm that aims to protect client privacy. Credit card clearance and related tasks are performed through Barclaycard, another of the most trustworthy firms in the financial sector. In addition, the firm implements two layers of top class firewall systems at the server and application level to protect against unauthorized access. Two different server farms, protected by armed guards 24 hours a day, ensure the safety of client data against various hazards.
Internal auditing is performed by the Cyprus member of HLB, a global accounting and business advisory network founded in 1969, comprising of 1,500 partners and 10,800 staff in more than 100 countries in over 430 offices, according to its website.

Account Types and Deposits

Easy Forex offers a wide array of account packages and tailored to the needs and expectations of customers of different financial expertise and knowledge. In addition to the mini account that is offered to beginners and those who prefer to trade with small amounts and low leverage, the mini account is the best choice, where the minimum deposit requirement is a low $25, and the minimum transaction size is $5000.
The different leverage options range from 100:1 to 500:1, in addition to other options according to the type of account chosen.  Please note that if you increase your leverage, you also increase risk.
In addition to forex, Easy Forex clients can trade a wide range of products (currencies, metals, energy and agricultural commodities, Indices and  Options)
Easy Forex is quite flexible about account deposits and withdrawals. Credit card deposits are credited instantly, eliminating the necessary waiting period associated with most other brokers. It is also possible to fund your account via bank transfers.

Beginner Support

Easy Forex prides itself on the helpful and friendly attitude of its support staff. Committed to facilitating the most comfortable introduction to the forex market, the support staff continously implements new features on the website of the firm and its trading software, in accordance with the underlying principle of user-friendliness and professionalism.
In light of this principle, Easy Forex implements live training by telephone, video tours, chat services and an online information center to aid the learning process of the beginner. In addition to the demo account, the firm even provides a one-on-one training program for new customers.

Advantages of Trading with Easy Forex

There are many advantages of trading with Easy Forex, all which cannot be mentioned in the confines of this webpage. Easy forex is a no-misquote broker, pledging to execute your orders at the exact price quoted without errors. The freeze rate feature of the trading platform, which will cancel an order unless it is executed within a few seconds, aims to prevent the errors related to web connectivity issues.
One of the most interesting features of this broker is the wide choice of base currencies, including the American, New Zealand, Singapore, Canada and Australian dollars, Norwegian Kroner, Isreali Shekel, the Euro, the Yen, and a few others. This feature negates the conversion costs associated with deposits and withdrawals.
The Inside Viewer tool and the Trade Controller are also two of the unique offerings of the broker. The Inside Viewer allows you to see the positioning of your fellow traders at Easy Forex, while the Trade Controller visualizes various profit/loss scenarios on the interface.

Trading Platform

Easy Forex utilizes a web-based interface for trading. You don’t need to download or setup any program, as your web browser will automatically run the Easy Forex platform from the firms website.
The industry leading and popular MetaTrader4 platforms is also available.
24 hours a day, 7 days a week access to the platform and online trading every day except Sundays using the multilanguage platform results in a joyous trading experience. Real-time account updates, support tools including charting services, economic data, technical analysis tools and news flows supplied by Reuters, are all incorporated to the basic package.
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Conclusion

Easy Forex has been a major player in the online retail forex brokerage industry for almost ten years. During this long period, this budding industry has witnessed a number of frauds, bankruptcies, along with technical innovations and advances. Easy Forex has been immune to all these scandals and credibility issues and has been at the forefront of innovation. Regulated in many different parts of the world and audited by reputable and reliable international institutions, the firm stives to ensure client security by remaining up-to-date with the latest industrywide security standards.