easyMarkets Philippines Review

XM Broker Review

easyMarkets Account Types

• Standard Account: This is the most basic account type provided by EasyMarkets. It is perfect for novice traders or those who are just starting in the trading world. The minimum deposit for this account is only $25, which is quite affordable. This account offers a leverage of up to 1:200, allowing traders to trade larger amounts than their initial deposit. There is no commission charged with this account type, and the spreads are fixed. One of the most appealing features of this account type is the negative balance protection, which prevents your account from going below zero, safeguarding your capital.
• Premium Account: This account type is designed for more experienced traders who are willing to invest a substantial amount in their trading activities. The minimum deposit required for the Premium Account is $2000. Similar to the Standard Account, it provides a leverage of up to 1:200, has zero commission, and offers fixed spreads. Negative balance protection is also provided, ensuring that your account balance doesn’t dip below zero.
• VIP Account: The VIP Account is the top-tier account type offered by EasyMarkets. It is tailored for high-net-worth individuals and professional traders who handle large volumes of trades. The minimum deposit required to open a VIP Account is $10000. This account type provides an array of premium features including zero commission, a leverage of up to 1:200, and personalized customer support. Negative balance protection is also incorporated to protect your capital. Additionally, VIP Account holders enjoy the benefits of no slippage, meaning your trades will always be executed at the price you see. The VIP Account also offers a guaranteed stop loss, which is an order that ensures your trades will be closed at a particular level of loss, thereby limiting your potential losses.

easyMarkets Demo Account

The easyMarkets Demo Account offers a range of features designed to help users understand and navigate the world of forex trading. It provides a risk-free environment where users can practice trading strategies without any financial loss. The account comes with virtual funds that mirror the real market conditions and prices. It also allows for access to easyMarkets’ unique trading tools and customer support. This includes access to various educational resources, charts, technical analysis tools, and real-time news updates. One of its key features is that it replicates the live trading environment very closely, offering real market prices, spreads, and margin requirements.

Available Trading Assets at easyMarkets Philippines

EasyMarkets is a platform that provides access to various financial markets. In the Philippines, EasyMarkets offers a broad range of financial assets to trade or invest in. Here’s a more detailed view of what they offer:

• Forex: Forex, also known as foreign exchange is a global marketplace for exchanging national currencies against one another. With EasyMarkets, you can trade a variety of currency pairs, from the most popular ones like USD/EUR to more exotic ones.
• Shares: EasyMarkets provides the opportunity to trade shares from some of the biggest and most successful companies in the world. This includes companies from various sectors such as technology, healthcare, finance, and more.
• Cryptocurrencies: With EasyMarkets, users can trade a variety of cryptocurrencies. This includes major cryptocurrencies such as Bitcoin and Ethereum. It also includes other popular cryptocurrencies such as Ripple, Litecoin, Stellar, and Bitcoin Cash. This allows users to participate in this new and exciting market.
• Metals: EasyMarkets also provides the opportunity to trade various precious metals. This includes metals such as gold, silver, platinum, and palladium. Trading metals can be a good way to diversify your portfolio.
• Commodities: With EasyMarkets, you can trade a variety of commodities. This includes energy commodities like oil and natural gas, agricultural commodities like wheat and corn, and other commodities like coffee, sugar, and cocoa.
• Indices: Indices are a popular form of financial asset that represents the performance of a group of stocks. EasyMarkets allows users to trade a variety of global indices, which includes indices from major economies like the US, UK, Japan, and more.

So, whether you are interested in traditional markets like forex and shares or newer markets like cryptocurrencies, EasyMarkets in the Philippines has a wide range of financial assets available for trading or investing.

Trading Platforms

• easyMarkets Platform: This is their primary trading platform that users can access through the web. It offers a user-friendly interface with a range of features designed to cater to both beginner and seasoned traders. It includes advanced charting tools, financial news updates, and risk management features like stop loss and take profit levels.
• Mobile Apps – easyMarkets App: For traders on the go, easyMarkets provides a mobile application available on both iOS and Android devices. The mobile app offers all the functionality of the web-based platform, including real-time quotes, trading tools, and various order types. It enables traders to monitor the markets, execute trades, and manage their accounts from anywhere at any time.
• TradingView: easyMarkets also integrates with TradingView, a popular social networking site for traders and investors. This platform offers a powerful charting tool that enables users to analyze financial markets, observe real-time price movements, and interact with a community of traders.
• MetaTrader 4 (easyMarkets MT4): MT4 is one of the most widely used trading platforms in the world, known for its speed, ease of use, and extensive range of features. easyMarkets offers integration with MT4, allowing traders to use this reliable platform for executing trades, using automated trading robots, and accessing advanced technical analysis tools.
• MetaTrader 5 (easyMarkets MT5): As the successor to MT4, MT5 offers additional features and capabilities. It includes more technical indicators, a more flexible trading system, and more ways to analyze the market. Through easyMarkets, traders can use MT5 to access more markets and execute more types of orders compared to MT4.

Whether you’re a novice trader or a seasoned veteran, easyMarkets offers a variety of platforms to suit your trading style and needs, making trading accessible and manageable for everyone in the Philippines.

Trading Conditions

easyMarkets offers exceptional trading conditions that make it a preferred choice for traders worldwide. One of the key features that set it apart from other trading platforms is Negative Balance Protection, which ensures that traders never lose more than their initial deposit. This means that even if the market moves against them and their account balance goes negative, they won’t be responsible for covering the loss.

In addition, easyMarkets also offers No Slippage, which means that traders can execute their trades at the exact price they see on the platform, without any delay or deviation. This ensures transparency and fairness in all trading activities.

Guaranteed Stop Loss is another valuable feature that provides traders with peace of mind knowing that their trades will be automatically closed at a predetermined price, regardless of market volatility or sudden price movements. This minimizes potential losses and helps traders manage risk effectively.

easyMarkets also offers Fixed Spreads, which means that traders can trade with confidence knowing that they won’t be subject to any surprise or unexpected changes in spreads. This helps them plan their trading strategies and manage their finances more effectively.

In summary, easyMarkets provides traders with a secure and transparent trading environment that prioritizes their needs and interests. With Negative Balance Protection, No Slippage, Guaranteed Stop Loss, and Fixed Spreads, traders can enjoy a seamless and profitable trading experience.

Trading Tools

• dealCancellation – Traders can cancel a losing trade within 60 minutes of opening it using a unique tool, which protects their investment from potential losses. This tool is especially beneficial for new traders who may lack confidence in their trading abilities.
• Freeze Rate – EasyMarkets offers another trading tool that enables traders to freeze the price of an asset for a short period of time. This tool proves to be particularly useful for traders who wish to enter or exit a trade at a specific price but are concerned about market movements going against them before they can act.
• easyTrade – Traders can use easyTrade, a unique trading tool, to set their risk and reward levels before entering a trade. This tool allows traders to set their maximum loss and profit levels in advance, giving them greater control over their trades and helping to minimize their risk. Additionally, traders can trade on a wide range of financial instruments including currencies, commodities, indices, and cryptocurrencies using easyTrade.
• Vanilla Options – On the other hand, traders looking to invest in the financial markets prefer Vanilla Options as a more traditional option. Vanilla Options are contracts that grant traders the right to buy or sell an underlying asset at a specific price within a set time frame. This enables traders to speculate on the price movements of an asset without actually owning it. Traders can select from a range of strike prices and expiration dates with Vanilla Options, providing them with greater flexibility and control over their trades.

Overall, the trading tools offered by easyMarkets are designed to help traders make informed decisions and manage their risk effectively, giving them the best possible chance of success in the market.

easyMarkets Deposit Options in the Philippines

easyMarkets broker offers a wide range of deposit options to customers in the Philippines. These options are designed to make the process of depositing funds into your trading account as convenient as possible, allowing you to start trading quickly and efficiently.

• Credit/Debit Cards: This is one of the most popular deposit options available at easyMarkets. You can use your Visa, MasterCard, or other major credit or debit cards to deposit funds into your trading account. This is a quick and easy way to transfer money and start trading immediately.
• Online Banking: Another common method of depositing funds is via online banking. Through this method, you can directly transfer funds from your bank account to your easyMarkets trading account. Depending on your bank, this transfer can be instant or may take a few business days.
• eWallet: easyMarkets also supports various eWallet services, such as Skrill and Neteller, for deposits. eWallets offer a secure and convenient way to transfer funds. Once you have set up an eWallet account, you can use it to deposit funds into your easyMarkets account instantly.
• Bank Wire Transfer: This is a more traditional method of transferring funds. While it may take longer than other methods, a bank wire transfer is considered highly secure. You can initiate a bank wire transfer from your bank to easyMarkets.
• Cryptocurrencies Deposits: For those who prefer to trade using digital currencies, easyMarkets broker also accepts deposits in various cryptocurrencies. This allows traders to deposit funds using Bitcoin, Ethereum, and other popular cryptocurrencies.

In terms of the easyMarkets minimum deposit amount, it varies per account type. Please note that these amounts are subject to change and it is always best to check the latest information on the easyMarkets website or contact their customer service for the most accurate details.

easyMarkets Withdrawal Options in the Philippines

• Credit/ Debit Cards: easyMarkets allows its users in the Philippines to withdraw funds directly to their credit or debit cards. This is a convenient option for many users and the processing time usually takes between 3 to 10 business days, depending on the card issuer.
• Online Banking: Another withdrawal option provided by easyMarkets is online banking. This means that users can directly transfer their funds from their easyMarkets account to their bank account. The processing time for this option varies depending on the user’s bank, but it usually takes between 2 to 5 business days.
• eWallets: easyMarkets also offers eWallets as a withdrawal option. This includes popular eWallets like PayPal, Skrill, and Neteller. Withdrawing funds to an eWallet is typically faster than the previous two options, with the processing time usually taking up to 24 hours.
• Bank Wire Transfer: Users can also choose to withdraw their funds through a bank wire transfer. This option generally takes longer, with the processing time taking between 3 to 5 business days. However, it’s a secure method and preferred by some users who are willing to wait a bit longer.
• Cryptocurrencies: In addition to these traditional withdrawal methods, easyMarkets also allows its users to deposit funds using cryptocurrencies. This includes popular cryptocurrencies like Bitcoin, Ethereum, and Ripple. However, it’s important to note that the availability of this option may vary depending on the user’s location and the local regulations concerning cryptocurrencies.

As for the minimum withdrawal amount, easyMarkets requires its users to withdraw at least $50 or its equivalent in other currencies. This applies to all withdrawal methods except for the bank wire transfer, which has a minimum withdrawal amount of $100. These minimum amounts are relatively low compared to other trading platforms, making easyMarkets a good choice for both novice and experienced traders.

Educational Resources

EasyMarkets Philippines provides a wide range of educational resources to assist traders of all levels achieve greater success. The resources offer knowledge and skills to make informed decisions and maximize profits.

For beginners, EasyMarkets Philippines provides tutorials, webinars, and eBooks that introduce traders to the world of trading, covering topics like risk management, technical analysis, and the basics of trading. They also offer a risk-free demo account for practice. Advanced traders can access webinars, seminars, and one-on-one coaching sessions to learn from experienced professionals and gain valuable market insights.

EasyMarkets Philippines also provides trading tools, including market analysis and trading signals, to support informed decision-making. For those interested in automated trading, EasyMarkets Philippines offers tutorials, webinars, and eBooks that introduce the different strategies available, as well as automated trading tools like Expert Advisors and trading robots to maximize profits.

Overall, EasyMarkets Philippines offers a comprehensive range of educational resources for traders at all levels to succeed.

Customer Support

EasyMarkets Philippines offers a comprehensive customer support service that provides customers with access to information and assistance. The service is designed to help customers make informed decisions about their investments.

The knowledgeable and experienced customer support team is available 24/7 and can be contacted via email, telephone, or live chat. They provide assistance in setting up accounts, guidance on using the platform, advice on managing investments, and optimizing trading experiences.

EasyMarkets Philippines also provides a range of educational resources, including webinars, tutorials, and e-books, to help customers understand the financial markets. Additionally, the company offers customer service tools such as a customer service portal, chatbot, and hotline to ensure timely access to information and assistance.

Overall, EasyMarkets Philippines proactively supports customers in making informed decisions about their investments.

Security Measures

EasyMarkets Philippines provides a secure and reliable trading environment for its customers. The company has implemented a range of security measures to ensure the safety of its customers’ funds and personal information.

To ensure an extra layer of security, EasyMarkets Philippines has implemented a segregated account system that keeps customers’ funds separate from the company’s own funds. Moreover, the company has implemented a strict anti-money laundering policy to prevent the use of customers’ funds for any illegal activities.

EasyMarkets Philippines takes the security of its customer’s personal information seriously and has implemented a range of measures to ensure that their data is kept safe and secure. These measures include the use of encryption technology, secure servers, firewalls, and a strict privacy policy that prohibits sharing customers’ data with any third parties.

To protect customers from fraudulent activities, EasyMarkets Philippines has implemented a two-factor authentication system that ensures only authorized users can access customers’ accounts. Additionally, the company has implemented various measures to detect and prevent fraudulent activities.

Overall, the company’s range of security measures ensures the safety of its customers’ funds and personal information, providing them with peace of mind.

Benefits of easyMarkets Philippines

• Offers a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of different market conditions.
• Provides a user-friendly trading platform that is easy to use and navigate. The platform is also equipped with advanced charting tools and technical indicators to help traders make informed decisions.
• Offers competitive spreads and low commissions, making it an attractive option for traders who are looking to maximize their profits.
• Provides a range of educational resources, such as webinars, tutorials, and e-books, to help traders improve their trading skills.
• Offers a variety of account types, including demo accounts, which allow traders to practice trading without risking real money.

easyMarkets Review in the Philippines – Conclusion

EasyMarkets Philippines is a great choice for those looking to trade in the Philippines. It offers a wide range of trading options, competitive spreads, and a user-friendly platform. The customer service team is also very helpful and responsive. Both experienced and novice traders can benefit from easyMarkets Philippines’ low minimum deposit requirement and no commissions, making it an excellent choice. In conclusion, choose easyMarkets for a great trading experience in the Philippines.

Check out our reviews of other recommended forex brokers in the Philippines.

AvaTrade Philippines | Exness Philippines Review | FBS in the Philippines Review