easyMarkets vs fxcl markets, Updated for 2022
Read our In-Depth easyMarkets vs fxcl markets Review - Updated for 2022
This easyMarkets vs fxcl markets 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 fxcl markets 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.
fxcl markets Excluded Countries
Canada, Japan, and United States of America.
Compare easyMarkets vs fxcl markets
Every online trading system has some ups and downs, and no easyMarkets and fxcl markets review would be complete without showing both sides. Compare easyMarkets and fxcl markets 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 reputable broker and are choosing between easyMarkets or fxcl markets. Who should you choose?
Our easyMarkets vs fxcl markets comparison contains the most recent information so you can easily compare fxcl markets against easyMarkets.
If you are a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You'll acquire proficient at all of the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. easyMarkets and fxcl markets are two such platforms that will take you and your investment to great heights. It is important that you compare easyMarkets vs fxcl markets until you trust them with your money.
Our easyMarkets vs fxcl markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and fxcl markets side by side.
Our full easyMarkets vs fxcl markets Review covers all you need to know about trading using either easyMarkets or fxcl markets. A good agent can multiply your initial investments and give you favorable profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your broker before you choose them. It is a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
easyMarkets and fxcl markets are both brokers which have paved their way successfully to the brokerage world. In this review, we've attempted to collate some of the important aspects of both easyMarkets and fxcl markets. This review will allow you to understand whether either fxcl markets or easyMarkets is a fantastic fit for your own investments or not. We have attempted to breakdown all of the features and fees for your advantage.
Benefits of easyMarkets and fxcl markets Compared
easyMarkets has a minimum deposit of $100 while fxcl markets has a $250 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and fxcl markets 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 whilst fxcl markets allows you to trade around 200 financial instruments available.
The more instruments you can trade on the easyMarkets and fxcl markets 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 fxcl markets.
easyMarkets and fxcl markets Contact Details
Being able to contact your broker simply is a sign of a professional broker. easyMarkets and fxcl markets have the following contact details and social medias that you can use.
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| Broker | easyMarkets | fxcl markets |
| Telephone Number | +357 25 828 899 | |
| support@easymarkets.com | support@fxclearing.com | |
| Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines |
| easyMarkets Twitter Account | fxcl markets Twitter Account | |
| easyMarkets Facebook Page | fxcl markets Facebook Page | |
| easyMarkets Instagram Account | fxcl markets Instagram Account | |
| easyMarkets LinkedIn Page | fxcl markets LinkedIn Page | |
| YouTube | easyMarkets YouTube Channel | fxcl markets YouTube Channel |
| Find Out More |
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fxcl markets 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.
This part of comparing easyMarkets and fxcl markets will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 fxcl markets - Awards
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| Broker | easyMarkets | fxcl markets |
| Awards |
easyMarkets have won many industry awards over the years they have been running as an online broker. We show the most recognised awards for easyMarkets here.
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At the time of writing this fxcl markets review, and despite fxcl markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs fxcl markets - Frequently Asked Questions
easyMarkets vs fxcl markets - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
fxcl markets was founded in 2006 and has its headquaters in Cayman Islands.
What is the minimum deposit for fxcl markets or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for fxcl markets is $250.
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 fxcl markets are a good option.
easyMarkets vs fxcl markets - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
fxcl markets is regulated by Financial Services Authority (FSA) number 1637.
Both easyMarkets and fxcl markets have a powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare easyMarkets vs fxcl markets Commission And Fees
easyMarkets and fxcl markets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the amount 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 kind of fees to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you're spending a spread, financing rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither easyMarkets or fxcl markets charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who regularly trade, for example daily or weekly trading.
But, non-trading fees charged by easyMarkets and fxcl markets are comparatively lower. Consequently, you are billed more for non-trading actions in your trading account, like deposits and withdrawal. These are not about the purchase and sale of resources.
This easyMarkets vs fxcl markets review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And fxcl markets
What Languages Do easyMarkets And fxcl markets Support?
Being able to chat completely with your trading broker is a key element when comparing trading platforms to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Below you will find all the languages that both easyMarkets and fxcl markets support.
How Many Clients Do easyMarkets and fxcl markets Have?
Both easyMarkets and fxcl markets are well established with their client base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients easyMarkets and fxcl markets have
What Payment Methods Do easyMarkets and fxcl markets Accept?
easyMarkets and fxcl markets 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 fxcl markets
What Can You Trade With easyMarkets and fxcl markets?
easyMarkets offers 200 trading instruments while fxcl markets offers 123.
Below you will find a full breakdown of what both easyMarkets and fxcl markets offer.
Compare easyMarkets To All Other Brokers
Compare fxcl markets To All Other Brokers