easyMarkets vs WIT Invest, 2022 Update
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easyMarkets Rating
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WIT Invest Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs WIT Invest Guide |
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Read our In-Depth easyMarkets vs WIT Invest Review - Updated for 2022
This easyMarkets vs WIT Invest 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 WIT Invest 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.
WIT Invest Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs WIT Invest
Every online trading system has some pros and cons, and no easyMarkets and WIT Invest review would be complete without having a balanced approach. Compare easyMarkets and WIT Invest to understand how they stack up against each other before you open 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 WIT Invest. Which one is best in 2022?
This easyMarkets vs WIT Invest comparison contains the most recent information so you can easily compare WIT Invest against easyMarkets.
If you are a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all of the concepts of brokerage as you keep trading. For starters, you have to choose the ideal agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. easyMarkets and WIT Invest are just two such platforms that will take you and your investment into great heights. It's important to compare easyMarkets vs WIT Invest until you trust them with your cash.
Our easyMarkets vs WIT Invest comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and WIT Invest side by side.
Our full easyMarkets vs WIT Invest Review covers all you need to learn about trading using either easyMarkets or WIT Invest. A fantastic agent can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire way to guarantee profits; therefore, you should carefully analyze your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
easyMarkets and WIT Invest are both brokers which have forged their way successfully into the broker world. Within this review, we've attempted to collate some of the vital aspects of both easyMarkets and WIT Invest. This review will allow you to know whether either WIT Invest or easyMarkets is a good fit for your own investments or not. We have tried to breakdown all of the qualities and charges for your convenience.
Benefits of easyMarkets and WIT Invest Compared
easyMarkets has a minimum deposit of $100 while WIT Invest has a $100 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and WIT Invest 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 whilst WIT Invest has around 200 on their platform.
The more instruments you can trade on the easyMarkets and WIT Invest 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 WIT Invest.
easyMarkets and WIT Invest Contact Details
Being able to contact a broker simply is important. easyMarkets and WIT Invest have the following contact details and social medias that you can use.
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| Broker | easyMarkets | WIT Invest |
| Telephone Number | +357 25 828 899 | |
| support@easymarkets.com | ||
| Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
| easyMarkets Twitter Account | WIT Invest Twitter Account | |
| easyMarkets Facebook Page | WIT Invest Facebook Page | |
| easyMarkets Instagram Account | WIT Invest Instagram Account | |
| easyMarkets LinkedIn Page | WIT Invest LinkedIn Page | |
| YouTube | easyMarkets YouTube Channel | WIT Invest YouTube Channel |
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WIT Invest and easyMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of easyMarkets and WIT Invest we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
easyMarkets vs WIT Invest - Awards
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| Broker | easyMarkets | WIT Invest |
| Awards |
easyMarkets have won many industry awards over the time they have been running as an online broker. We show the most notable awards for easyMarkets here.
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At the time of writing this WIT Invest review, and despite WIT Invest’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs WIT Invest - Frequently Asked Questions
easyMarkets vs WIT Invest - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
WIT Invest was founded in 2008 and has its head office in Saint Vincent and the Grenadines.
What is the minimum deposit for WIT Invest or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for WIT Invest is $100.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and WIT Invest are a good option.
easyMarkets vs WIT Invest - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
WIT Invest is regulated by Unregulated.
WIT Invest is unregulated but easyMarkets has a strong set of rules for ensuring honest trading on its platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).
In accordance with their own privacy policy, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare easyMarkets vs WIT Invest Commission And Fees
easyMarkets and WIT Invest are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of customers they have.
But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of penalties for this purpose.
The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such cases, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the rates 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 price. Funding or overnight prices are those who are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They're billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither easyMarkets or WIT Invest charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by easyMarkets and WIT Invest are comparatively higher. Consequently, you are billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This easyMarkets vs WIT Invest review for 2022 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And WIT Invest
What Languages Do easyMarkets And WIT Invest Support?
Being able to communicate easily with your trading broker is a key element when comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you can find all the languages that both easyMarkets and WIT Invest support.
How Many Clients Do easyMarkets and WIT Invest Have?
Both easyMarkets and WIT Invest are well established with their client base. It is really important to work with an online 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 customers easyMarkets and WIT Invest have
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| Broker | easyMarkets | WIT Invest |
| Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and WIT Invest Accept?
easyMarkets and WIT Invest 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 WIT Invest
What Can You Trade With easyMarkets and WIT Invest?
easyMarkets offers 200 trading instruments and WIT Invest offers 259.
Below you will find a full breakdown of what both easyMarkets and WIT Invest offer.
Compare easyMarkets To All Other Brokers
Compare WIT Invest To All Other Brokers