easyMarkets vs FXNet, Updated for 2022
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easyMarkets Rating
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FXNet Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs FXNet Guide |
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Read our In-Depth easyMarkets vs FXNet Review - 2022 Update
This easyMarkets vs FXNet review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs FXNet review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
FXNet Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs FXNet
Every online trading system has a few pros and cons, and no easyMarkets and FXNet review would be complete without showing both sides. Compare easyMarkets and FXNet to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between easyMarkets or FXNet. Who is better in 2022?
This easyMarkets vs FXNet comparison contains the latest information so you can easily compare FXNet against easyMarkets.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will acquire adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the right agent who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. easyMarkets and FXNet are two such stages that will take you and your investment to great heights. It is crucial that you compare easyMarkets vs FXNet before you trust them with your money.
Our easyMarkets vs FXNet comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and FXNet side by side.
Our full easyMarkets vs FXNet Review covers all you need to know about trading with either easyMarkets or FXNet. A fantastic agent can multiply your initial investments and provide you positive profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investment goals.
There is no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
easyMarkets and FXNet are both brokers that have found their way successfully to the broker world. Within this review, we have attempted to collate a number of the important facets of both easyMarkets and FXNet. This review will allow you to understand whether either FXNet or easyMarkets is a fantastic match for your investments or not. We've attempted to breakdown all the features and charges for your convenience.
Benefits of easyMarkets and FXNet Compared
easyMarkets offers a minimum deposit of $100 while FXNet offers a $50 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and FXNet compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets allows you to trade around 200 financial instruments while FXNet has around 200 financial instruments available.
The more financial instruments you can trade on the easyMarkets and FXNet trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of easyMarkets or FXNet.
easyMarkets and FXNet Contact Details
Being able to contact a broker through many ways is important. easyMarkets and FXNet have the following contact details and social medias that you can use.
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| Broker | easyMarkets | FXNet |
| Telephone Number | +357 25 828 899 | |
| support@easymarkets.com | ||
| Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
| easyMarkets Twitter Account | FXNet Twitter Account | |
| easyMarkets Facebook Page | FXNet Facebook Page | |
| easyMarkets Instagram Account | FXNet Instagram Account | |
| easyMarkets LinkedIn Page | FXNet LinkedIn Page | |
| YouTube | easyMarkets YouTube Channel | FXNet YouTube Channel |
| Find Out More |
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FXNet and easyMarkets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of easyMarkets and FXNet we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
easyMarkets vs FXNet - Awards
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| Broker | easyMarkets | FXNet |
| Awards |
easyMarkets have won a lot of industry awards over the years they have been running as a financial broker. We show the most notable awards for easyMarkets here.
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At the time of writing this FXNet review, and despite FXNet’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs FXNet - Frequently Asked Questions
easyMarkets vs FXNet - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
FXNet was founded in 2012 and has its headquaters in Cyprus.
What is the minimum deposit for FXNet or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for FXNet is $50.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and FXNet are a good option.
easyMarkets vs FXNet - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
FXNet is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Both easyMarkets and FXNet have a strong set of rules for ensuring fair trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare easyMarkets vs FXNet Commission And Fees
easyMarkets and FXNet are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you are spending a spread, financing speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people who are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither easyMarkets or FXNet charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by easyMarkets and FXNet are relatively competitive. As a result, you are charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This easyMarkets vs FXNet review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And FXNet
What Languages Do easyMarkets And FXNet Support?
Being able to communicate easily with your trading broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both easyMarkets and FXNet support.
How Many Clients Do easyMarkets and FXNet Have?
Both easyMarkets and FXNet are well known and trusted. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients easyMarkets and FXNet have
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| Broker | easyMarkets | FXNet |
| Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and FXNet Accept?
easyMarkets and FXNet both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and FXNet
What Can You Trade With easyMarkets and FXNet?
easyMarkets offers 200 trading instruments and FXNet offers 100.
Below you will find a full breakdown of what both easyMarkets and FXNet offer.
Compare easyMarkets To All Other Brokers
Compare FXNet To All Other Brokers