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Forex Brokers

Easy Forex
Name:
Easy Forex
4_screen1
Website:
http://easy-forex.com
Platform:
Easy Forex Web Platform
Online Since:
1999
Country:
Worldwide
Bonus:
n/a
Leverage:
200:1
Spread:
from 2 pips
4_small_logo Go to Easy Forex website
Registration Process Other Commodities Practice Trading Account Micro Trading Account Islamic Account
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Easy Forex is proprietary software and was the first to offer a no-download platform.

The registration process is quick and simple and it is easy to make a deposit of funds. Deposits are accepted via the major credit cards as well as PayPal. Withdrawal process is as easy, however the first withdrawal requires speaking to the company over phone and presenting them with an ID and with legitimate bank account details, in means of protection from any money laundering attempts.


Easy Forex provides both a standard account for more experienced traders, and a mini account for beginners, apart from various other types of packages on special terms and conditions. The minimum initial deposit requirement is 200 USD, one of the lower in the industry. The minimum transaction size is 2,500 USD.

Easy Forex offers leverage options at 1:50, 1:100, 1:200; in addition to tailor-made packages for the customer. The firm offers mini accounts for new traders apart from the standard one offered for those with years of experience in forex trading. Executing deals in the Easy Forex system requires only a few simple steps, however an understanding of the basic terminology of the FOREX market is necessary.

The site offers a guided tutorial of dealing in the FOREX Market using Easy Forex, and upon registration each user is contacted by an account manager who will walk them through the initial stages of dealing. This personal account manager is available during the local business hours, and the dealing room is open 24/7 for technical support.
Features

no commissions, fees or spreads apply during withdrawal to a credit card account.

Pros

Truly easy to use! Comprehensive training programs. Excellent customer support, including personal account manager. Over 100 pairs to trade. The lowest minimum deposit and risk ($12.5). Oil Trading for non-US customers Many languages.

Cons

No demo accounts Large spreads for mini-accounts

Deposit Options
Wire Transfer, Visa, MasterCard, PayPal
Languages
English, Dutch, Spanish, Russian, Arabic, Chinese, Hebrew
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Broker of the Month

logo UFXMarkets provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXMarkets traders can access the biggest market in the world 24 hours a day with ease.

By keeping their new ParagonEX 4.1 platform, site and deposit process simple, safe and secure, UFXMarkets have become the web’s premier online forex trader.

Promotion of the Month

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Markets.com will teach you to trade Forex with 1-on-1 Personal Training, a detailed Beginners Trading Guide and Weekly Market News & Analysis. Markets.com offers its traders the best trading experience, coupled with numerous trading benefits. Check them out

Polls

Which is the Best Forex Broker you have traded with?

Interview with Matthew Sheppard

Senior Forex Advisor at XForex


1. What is your name and position?

Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?

In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?

We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?

Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?

Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..

Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?

My advice to the beginning trader entering the Forex world is as follows:
  • Learn the market and understand what you’re getting into.
  • Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
  • Invest smartly and calculate your risks.
  • Always know when to get out of a trade.