Online forex trading explained and analyzed.

Easy Forex

Easy Forex is a worldwide respected online forex broker which has been developed by a group of bankers with the goal to deliver a FX trading platform which will offer the opportunity for usability by any new internet user without extreme knowledge of the internet. Easy Forex in reality is a market maker with liquidity provided by major banking institutions including the Royal Bank of Scotland and UBS and with main offices including trading room and customer support center located in Cyprus. The brand is worldwide recognized due its usability and its heavy advertising which add up to its overall brand recognition of being the first ever online forex broker offering an online forex platform with no download requirements. It is worth mentioning that Easy-Forex does not only use third party trading software but it does include a version of Metatrader which does require a minimum $1,000 deposit.

Registration at Easy Forex is overall easy and quick comparing to other forex brokers with quick options for funding a new account by major credit cards including Visa and Master Card in addition to its acceptance of Paypal as an electronic wallet. It is worth mentioning that withdrawals require a first time protocol procedure against money laundering for presentation of ID and a brief telephone interview with an account manager. New users will have the privilege of talking to an account manager upon issuing an account which will be in charge of explaining the basics and additionally will explain the basic terminology and characteristics of the online forex platform allowing new, inexperienced traders to understand the embryonic stages of dealing with ease. Assigned account managers are present from 9:00 GMT+2 through 19:00 GMT +2 with additional customer support directly from the dealing room offered 24/7.

Easy Forex offers opportunities to new traders for demo accounts with the use of its proprietor software which is very positively commented by online traders worldwide offering its services in a total of 6 languages including English, Arabic, Chinese, Greek, Hebrew and German. Additionally new real money traders will have the opportunity to enjoy the use of a state of the art trading training system which will therefore prepare the new online trader for use of the internet trading experience. Traders can select out of a number of options and account variations ranging from Mini, Gold, Platinum or Tailor Made Import Export accounts. The type of account will determine the characteristics of the trade as spreads and margins vary accordingly with pip’s going as low as 3 pips. Easy Forex adopts a zero commission policy to all trades excluding rolling over positions on day trading to the next day. The Easy Forex platform additionally includes trading instruments, a financial calendar and a number of charts, tools and plugins which offer the user a broad overview and a window to the world therefore making the trading decision overall easier and more balanced. Easy Forex can be overall categorized as one of the leading online forex brokers making it a recommended choice for both new and returning online forex traders.