Easy Forex has been around for quite a while now, 11 years to be exact, which for the online forex industry they would be described as a veteran. They have a simplified platform to allow for new traders, but its not as simple as many of the other platforms we have reviewed, and we believe the cause for that is that Easy-Forex does have some rules that can get you in trouble if your not aware of them.

First, you may find their spreads to be a bit wide for your liking, so take that into consideration when opening an account. They don’t offer a demo account, so if your looking to trade on some free money for a while, then you will need to go to another of our recommended brokers. They offer a very low deposit requirement to get started trading with them, but they can exercise a price freeze option that guarantees stops in all market conditions. This is something you may find different, and even aggravating at times when your trying to get out of a trade. You will have to pay a rolling over fee after market close, and instead of taking  your account negative (if it did not have sufficient funds) they will take this from your credit card on file.

Lets face it folks, investing in foreign currency can be quite lucrative, which is why an online brokerage that has been around 11 years has earned long list of negative and positive remarks. Easy Forex is very capable of making your foreign currency trading experience as simple and carefree as any other broker, but they do offer you something many don’t, and that’s experience in providing a quality web based platform, no commission costs, live real time quotes and a stop loss guarantee.They encourage smaller traders to get into the market and experience their platform and service. They will provide you with the needed tutorials to explain the trading process if you don’t have the experience in forex trading you need to put both feet in right away.

Easy Forex’s platform is accessible from anywhere you can get a high speed connection to the internet. You won’t ahve to be subjected to software problems that can arise from other platforms you have to download first to start trading. You simply logint to your account from anywhere you happen to be and you can start trading immediately, hassle-free. The ability to invest in both gold and silver is another advantage to using Easy Forex for your trading needs. You can start an account for as little as $25 and use a credit card or paypal to deposit funds. The freeze option that Easy Forex provides you allows you to freeze the rate at which you buy or sell when the market is changing rapidly.

Easy Forex – The Breakdown

Start a trade with as little as $25
Deposits accepted from credit cards and Paypal
Commission free, no bank charges on trading, depositing or withdrawals
No download platform – web based trading platform.
Proprietary platform providing 24/7 access to currency trading
Guaranteed fills and stops and limit orders up to $2M
Tools include charts, news, research and 24/7 customer support by phone an email
After hours trading available.

Account Types

Mini Account: $25 Margin, 10 pip Spread.
Gold account: $500 Margin, 7 pip Spread.
Platinum Account: $2500 Margin, 5 pip Spread via Internet, 3 pip Spread via Dealing Room.