EasyForex-Overview of Minimum Deposit, Spreads & Leverage

EasyForex Information

EasyForex is a suspicious clone broker, offering trading on forex, cryptos, metals, commodities, indices and options with spread from 1.8 pips on MT4, MT5 and the easyMarkets Mobile App trading platform. The minimum deposit requirement is $200.

Pros and Cons

Is EasyForex Legit?

EasyForex is licensed by ASIC to offer services, but suspicious clone. EasyForex provides negative balance protection to protect their clients' fund security.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Australia Securities & Investment Commission (ASIC)	Suspicious Clone	EASYMARKETS PTY LTD	Market Maker (MM)	000246566

What Can I Trade on EasyForex?

EasyForex offers trading on forex, cryptos, metals, commodities, indices and options.

Account Type

Here are three account types EasyForex offers:

Leverage

EasyForex has not clearly provided the leverage it offers. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

EasyForex Fees

EasyForex's spread is from 1.8 pips and commission-free.

Trading Platform

Deposit and Withdrawal

EasyForex accepts payments via credit and bank wire. No fees for deposits and withdrawals.