Independent rating of Forex broker easyMarkets

I recently closed my account with easyMarkets because their policy isn't transparent. I had hidden commissions, and the spread is not average 0.2 pips as they recommend on the page, but average of 4 pips. I traded currency pairs GPB/USD and EUR/USD. Made a first deposit of $500 and lost the first month $475. I called their support team because I had some closed positions during the night because of their server shut down, and a loss of $400, they never restored my positions or my money.

I recently closed my trading account in this broker, it is just over 2 weeks since I call the support team, but there is no clarity and settlement from this broker against the difficulty of my withdraw process. Their platform has poor execution and sometimes is difficult to access, withdrawing is very difficult and due to the lack of support it takes longer. I was great I could generated many profit by the MT4 platform within 1 month the additional income average was $700. But, after that, I worked on stock market option as to double up the profit. Surprisingly, the result was very bad where I never get any return from that activities. I contacted to customer support and reported about the loss but they don't respond and denied it was not their fault.

easyMarkets requires a small starting capital which is favorable to small traders. However, its trading platform is not very impressive. It often malfunctions and my trading activities are always failing due to interruptions.

I thought I will have a great experience at easyMarkets but their platform is difficult to operate. It is very complicated and they can't even execute orders quickly. I think I will be closing my account soon.

After three months of trading at easyMarkets, I had no choice but to close my account. I patiently waited for them to fix the issues in their platform but they did not. Everytime I open a position, there would be glitches or errors and my profit would be affected. This is not the kind of experience I hoped for so I decided to close my account.

After three months of trading at easyMarkets, I had no choice but to close my account. I patiently waited for them to fix the issues in their platform but they did not. Everytime I open a position, there would be glitches or errors and my profit would be affected. This is not the kind of experience I hoped for so I decided to close my account.

I feel this broker is not suitable for beginners like me. But my friends who are already PRO also say this broker is not suitable for anyone. Due to unclear regulations. I left them then as I found that they used to manipulate trading conditions. Just imagine, in just 4 weeks, I have lost more than 50% of my initial deposit. When I hit the bid price on USD/CAD at market and the trade was executed 10 pips over the price displayed on the trading platform. The saddest part is they do not assist clients via phone. Impossible to close orders via phone.

First of, the payment options of easyMarkets is limited. Second, the platform is not that impressive. It is functional but it does not always work properly. During high volatility, it is almost impossible to place an order because the platform always crashes or lags. Lastly, even their customer support is not very welcoming. Whenever I try to raise a concern, they become defensive instead of assuring me that they would look into it.

Easy Markets has an obscure fees. Here I am only telling the experience of my wife. Her initial deposit was $1000 with pretty good spreads, and made a profit of $560. However, when my wife wanted to withdraw the profit to her personal account, this broker said that she could not withdraw today without explaining the details. The next day my wife filed for another withdrawal, but still couldn't. They said they had to add another deposit. We have felt something strange about this broker. Very convoluted. My wife also decided to quit this broker and look for a trusted forex broker.