Easy Forex – Internet Forex Broker Evaluation In Easy Forex
Posted By on December 11, 2009
Easy Forex has been in the online forex trading longer than most. Since its inception in 1999, they have seen their customer base slowly growing as traders opt for Easy Forex over most other forex brokers. They had a very straightforward strategy in the old days. Their main goal is to make forex trading an easy and painless experience for their customers. Therefore, in the past they chose to offer only one type of trading platform, one that was web based. They used their homepage as a means of placing long and short orders.
It consisted of a number of query boxes the client has to fill up such as currency pair, lot size, stop loss, limit etc. If you visit their website you’ll notice how straightforward it is. This makes navigation very easy to their various pages on the website.
When they first started off, Easy Forex did not have competitive spreads. They have fixed that problem and now offer spreads that a very comparable but still not the lowest on the market.
But spreads alone are not enough to determine a stable online broker. Here, Easy Forex flourishes since they have survived in the markets for so long. Which is great for traders because this proves that Easy Forex is a reliable broker to trade with. They are fully regulated in three regions, America, Australia and Europe.
This broker also offers a number of advantages to their customers as well. While most online forex brokers offer about 4 or less base currencies for trading accounts, Easy Forex offers a full 12 base currencies. You can open an account with them in the US dollar, British Pound, Japanese Yen, Euro, Singapore dollar, New Zealand dollar, Canadian dollar, Australian dollar, Norwegian Krone, Swiss Franc, Israeli New Shekel and the Polish Zloty. An outstanding amount.
They also offer a number of commodities which include silver, gold, crude oil, gas oil and heating oil. Unlike most other brokers, there are no withdrawal fees. This is very welcome as most brokers usually charge a small fee which can cost as much as 20 Euro per withdrawal.
Having a java based platform means the ability to trade from all corners of the globe. There are no downloads involved. During trading, customers have the ability to freeze the rate for a few seconds before actually putting in the order. This feature is only found with Easy Forex. This is a great feature as it may be difficult to get the price you want since it fluctuates so quickly.
Should potential clients wish to try their platform, they offer a free forex demo account When one looks at the advantages offered with Easy Forex, it is easy to see why they have been successful for so long.
A detailed guide on easy forex and a wide diversity of recognizable Forex Brokers can be found on the authors forex trading website.