What is easyMarkets?
easyMarkets is an online FX & CFD broker which offers Cryptocurrency ‘Margin Trading’ on MT4 platform.
The broker was founded in 2001, and now licensed by Cyprus.
easyMarkets Crypto Trading Info
EasyMarkets offers traders the opportunity to trade cryptocurrencies on their platform, with a range of benefits such as no slippage, fixed spreads, and negative balance protection.
The cryptocurrency market is available 24/7, providing traders with the flexibility to trade at any time, from anywhere. Traders can buy and sell popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple, among others.
Please refer to the below table for the Contract Specification.
|Symbols||Spread||Pip Value||Contract Size||Minimum Contract Size|
|BTC/USD||45 USD||0.01 USD||1 Bitcoin||0.25 Bitcoin|
|XRP/USD||0.008 USD||0.0001 USD||1 Ripple||1000 Ripple|
|ETH/USD||5.5 USD||0.01 USD||1 Ethereum||1 Ethereum|
EasyMarkets provides traders with advanced charting tools, customizable indicators, and a user-friendly trading platform to make trading cryptocurrencies easy and accessible. Traders can use these tools to perform technical analysis and make informed trading decisions.
To start trading cryptocurrencies, traders need to open an account with EasyMarkets and complete the verification process. Once the account is verified, traders can deposit funds and start trading.
EasyMarkets offers a range of deposit and withdrawal options, including credit/debit cards, bank transfers, and electronic wallets. Traders can also take advantage of various educational resources, such as webinars, e-books, and trading guides, to enhance their trading skills.
EasyMarkets provides traders with a user-friendly platform to trade cryptocurrencies with fixed spreads, no slippage, and negative balance protection. With a range of popular cryptocurrencies to choose from and advanced charting tools, traders can make informed trading decisions and take advantage of the 24/7 cryptocurrency market.
Comparison of easyMarkets’ account types
easyMarkets has 7 account types offered through 3 trading platforms.
See the table below to understand the difference of trading conditions.
|Platform||easyMarkets Web/App and TradingView||MT4||MT5|
|Spread Type||Fixed||Fixed||Fixed||Fixed||Fixed||Fixed||Variable (Floating)|
|Minimum Spread||0.8 pips||1.5 pips||1.8 pips||0.7 pips||1.2 pips||1.7 pips||0.6 pips|
|Required Minimum Deposit||10,000 USD||2,000 USD||25 USD||10,000 USD||2,000 USD||25 USD||25 USD|
|Minimum Trading Volume||0.01 lots||0.01 lots||0.01 lots||0.01 lots||0.01 lots||0.01 lots||0.01 lots|
|Personal Account Manager||Available||Available||Available||Available||Available||Available||Available|
|Guaranteed Stop Loss||Optional||Optional||Optional||Unavailable||Unavailable||Unavailable||Unavailable|
|NBP (Negative Balance Protection)||Available||Available||Available||Available||Available||Available||Available|
|Sign Up Links||Open VIP Web Account||Open Premium Web Account||Open Standard Web Account||Open VIP MT4 Account||Open Premium MT4 Account||Open Standard MT4 Account||Open Standard MT5 Account|
How to start trading Cryptocurrency CFDs on easyMarkets?
To open an account and start trading Cryptocurrency CFDs on easyMarkets, follow these steps:
- Go to the easyMarkets website and click on the “Join Now” button.
- Fill out the registration form with your personal information, including your name, email address, and phone number.
- Choose your account type and select Cryptocurrency as your preferred trading instrument.
- Verify your account by uploading a copy of your identification documents, such as your passport or driver’s license, and proof of address, such as a utility bill.
- Once your account is verified, deposit funds into your account using one of the available payment methods, such as credit/debit cards, bank transfer, or e-wallets.
- Navigate to the easyMarkets trading platform and select the Cryptocurrency CFD you want to trade.
- Choose your trade size, stop-loss, and take-profit levels, and click “Buy” or “Sell” to execute your trade.
- Monitor your trades and use the trading platform’s advanced charting tools to perform technical analysis and make informed trading decisions.
- Withdraw your profits by submitting a withdrawal request through the easyMarkets platform.
Opening an account and trading Cryptocurrency CFDs on easyMarkets is a simple process that involves completing the registration form, verifying your account, depositing funds, and executing trades on the easyMarkets trading platform.
With a range of payment methods and advanced charting tools, traders can make informed trading decisions and withdraw their profits easily.