easyMarkets vs WellsTrade, Who's The Best?
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easyMarkets vs WellsTrade Guide
Read our In-Depth easyMarkets vs WellsTrade Review - for 2022
This easyMarkets vs WellsTrade 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 WellsTrade 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.
WellsTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs WellsTrade
Every online trading system has a few ups and downs, and no easyMarkets and WellsTrade review would be complete without showing both sides. Compare easyMarkets and WellsTrade to understand how they line up against each other before you make 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 reputable broker and are choosing between easyMarkets or WellsTrade. Who is better in 2022?
Our easyMarkets vs WellsTrade comparison contains the most recent information so you can easily compare WellsTrade against easyMarkets.
If you're a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of broker since you keep trading. For starters, you have to choose the ideal broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. easyMarkets and WellsTrade are just two such platforms that will take you and your investment into great heights. It is crucial to compare easyMarkets vs WellsTrade before you trust them with your money.
Our easyMarkets vs WellsTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and WellsTrade side by side.
Our full easyMarkets vs WellsTrade Review covers everything you will need to know about trading using either easyMarkets or WellsTrade. A fantastic agent can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investment objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you select them. It is a frequent misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
easyMarkets and WellsTrade are both brokers which have found their way successfully into the broker world. In this review, we have tried to collate some of the vital facets of both easyMarkets and WellsTrade. This review can help you to understand whether either WellsTrade or easyMarkets is a good match for your own investments or not. We have tried to breakdown all the features and fees for your advantage.
Benefits of easyMarkets and WellsTrade Compared
easyMarkets offers a minimum deposit of $100 while WellsTrade offers a $30 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and WellsTrade 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 has around 200 financial instruments while WellsTrade allows you to trade around 200 financial instruments available.
The more financial instruments you can trade on the easyMarkets and WellsTrade 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 seriously do not want to miss out on a trading opportunity due to the limitations of easyMarkets or WellsTrade.
easyMarkets and WellsTrade Contact Details
Being able to contact your broker through many ways is vital. easyMarkets and WellsTrade have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899|
|Address||1 Griva Digheni, Limassol, Limassol 3035, CY|
|easyMarkets Twitter Account||WellsTrade Twitter Account|
|easyMarkets Facebook Page||WellsTrade Facebook Page|
|easyMarkets Instagram Account||WellsTrade Instagram Account|
|easyMarkets LinkedIn Page||WellsTrade LinkedIn Page|
|YouTube||easyMarkets YouTube Channel||WellsTrade YouTube Channel|
|Find Out More||
WellsTrade 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 WellsTrade 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 average.
It is important that any trading app has user friendly capabilities especially with the
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 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 WellsTrade - Awards
easyMarkets have won a lot of industry awards over the time they have been running as an online trading platform. We show the most notable awards for easyMarkets here.
|At the time of writing this WellsTrade review, and despite WellsTrade’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
easyMarkets vs WellsTrade - Frequently Asked Questions
easyMarkets vs WellsTrade - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
WellsTrade was founded in 2008 and has its head office in United States.
What is the minimum deposit for WellsTrade or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for WellsTrade is $30.
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 WellsTrade are a good choice.
easyMarkets vs WellsTrade - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
WellsTrade is regulated by Unregulated.
WellsTrade is unregulated but easyMarkets has a strong set of rules for ensuring fair trading on its platforms. For data encryption purposes, they supply industry-standard secure socket layer (SSL).
As per their own privacy regulation, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare easyMarkets vs WellsTrade Commission And Fees
easyMarkets and WellsTrade are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the number of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three types of fees for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're spending a spread, funding rate, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither easyMarkets or WellsTrade charge high fees compared 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 often trade, for example weekly or daily trading.
However, non-trading fees billed by easyMarkets and WellsTrade are relatively lower. As a result, you're charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.
This easyMarkets vs WellsTrade review for 2022 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And WellsTrade
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What Languages Do easyMarkets And WellsTrade Support?
Being able to communicate completely with your online broker is a key way of comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Here you can find the languages that both easyMarkets and WellsTrade offer communication in.
|Languages Supported||English, German, Arabic, Chinese, Spanish and Polish||English, and Chinese|
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How Many Clients Do easyMarkets and WellsTrade Have?
Both easyMarkets and WellsTrade are well established with their customer base. It is really important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers easyMarkets and WellsTrade are active on their platform
|Clients / Users||142,500+||10,000+|
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What Payment Methods Do easyMarkets and WellsTrade Accept?
easyMarkets and WellsTrade 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 WellsTrade
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What Can You Trade With easyMarkets and WellsTrade?
easyMarkets offers 200 trading instruments while WellsTrade offers 254.
Below you will find a full breakdown of what both easyMarkets and WellsTrade offer.
Compare easyMarkets To All Other Brokers
Compare WellsTrade To All Other Brokers
easyMarkets vs WellsTrade:
Table Of Contents
- Compare easyMarkets vs WellsTrade
- Benefits of easyMarkets and WellsTrade Compared
- WellsTrade and easyMarkets Mobile App Comparison
- easyMarkets vs WellsTrade - Awards
- easyMarkets vs WellsTrade - Frequently Asked Questions
- What is the minimum deposit for WellsTrade or easyMarkets
- easyMarkets vs WellsTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And WellsTrade
- What Languages Do easyMarkets And WellsTrade Support?
- How Many Clients Do easyMarkets and WellsTrade Have?
- What Payment Methods Do easyMarkets and WellsTrade Accept?
- What Can You Trade With easyMarkets and WellsTrade?