easyMarkets vs selftrade, for 2022
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easyMarkets Rating
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selftrade Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs selftrade Guide |
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Read our In-Depth easyMarkets vs selftrade Review - 2022 Update
This easyMarkets vs selftrade 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 selftrade 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.
selftrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs selftrade
Every online trading system has a few pros and cons, and no easyMarkets and selftrade review would be complete without showing both sides. Compare easyMarkets and selftrade to understand how they line 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 broker and are choosing between easyMarkets or selftrade. Who is better in 2022?
This easyMarkets vs selftrade comparison contains the most recent information so you can easily compare selftrade against easyMarkets.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of broker since you continue trading. For starters, you have to select the right agent who will be transparent with you constantly.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. easyMarkets and selftrade are just two such platforms that will take you along with your investment to great heights. It's important that you compare easyMarkets vs selftrade until you trust them with your money.
Our easyMarkets vs selftrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and selftrade side by side.
Our entire easyMarkets vs selftrade Review covers everything you need to know about trading with either easyMarkets or selftrade. A good agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire method to ensure profits; thus, you should carefully assess your broker before you select them. It is a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
easyMarkets and selftrade are both brokers which have paved their way successfully to the broker world. Within this review, we've attempted to collate some of the vital facets of both easyMarkets and selftrade. This review can allow you to know whether either selftrade or easyMarkets is a fantastic fit for your own investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Benefits of easyMarkets and selftrade Compared
easyMarkets has a minimum deposit of $100 while selftrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and selftrade 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 selftrade allows you to trade around 200 financial instruments available.
The more financial instruments you can trade on the easyMarkets and selftrade 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 selftrade.
easyMarkets and selftrade Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. easyMarkets and selftrade have the following contact details and social medias that you can use.
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| Broker | easyMarkets | selftrade |
| Telephone Number | +357 25 828 899 | |
| support@easymarkets.com | ||
| Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
| easyMarkets Twitter Account | selftrade Twitter Account | |
| easyMarkets Facebook Page | selftrade Facebook Page | |
| easyMarkets Instagram Account | selftrade Instagram Account | |
| easyMarkets LinkedIn Page | selftrade LinkedIn Page | |
| YouTube | easyMarkets YouTube Channel | selftrade YouTube Channel |
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selftrade 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.
This part of comparing easyMarkets and selftrade will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the 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. 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 selftrade - Awards
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| Broker | easyMarkets | selftrade |
| Awards |
easyMarkets have won several industry awards over the time they have been operating as an online broker. We show the most notable awards for easyMarkets here.
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At the time of writing this selftrade review, and despite selftrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs selftrade - Frequently Asked Questions
easyMarkets vs selftrade - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
selftrade was founded in 2013 and has its headquaters in Australia.
What is the minimum deposit for selftrade or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for selftrade is $250.
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 selftrade are a good choice.
easyMarkets vs selftrade - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
selftrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304.
Both easyMarkets and selftrade have a powerful collection of rules for ensuring honest trading onto their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare easyMarkets vs selftrade Commission And Fees
easyMarkets and selftrade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the amount of customers they have.
However, this does not 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 3 different types of penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you are paying a spread, funding speed, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people that are charged when you hold a leveraged position for more than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They are charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither easyMarkets or selftrade charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by easyMarkets and selftrade are relatively competitive. As a result, you're billed more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.
This easyMarkets vs selftrade review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And selftrade
What Languages Do easyMarkets And selftrade Support?
Being able to communicate completely with your trading platform is a key element when comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key factor to success when trading forex.
Here you will find all the languages that both easyMarkets and selftrade support.
How Many Clients Do easyMarkets and selftrade Have?
Both easyMarkets and selftrade are well known and trusted. It is important to work with an online broker that is reputable 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 users easyMarkets and selftrade are working with
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| Broker | easyMarkets | selftrade |
| Clients / Users | 142,500+ | 14,000,000+ |
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What Payment Methods Do easyMarkets and selftrade Accept?
easyMarkets and selftrade 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 selftrade
What Can You Trade With easyMarkets and selftrade?
easyMarkets offers 200 trading instruments and selftrade offers 187.
Below you will find a full breakdown of what both easyMarkets and selftrade offer.
Compare easyMarkets To All Other Brokers
Compare selftrade To All Other Brokers