easyMarkets vs umarkets, for 2022
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easyMarkets Rating
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umarkets Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs umarkets Guide |
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Read our In-Depth easyMarkets vs umarkets Review - for 2022
This easyMarkets vs umarkets 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 umarkets 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.
umarkets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs umarkets
Every online trading platform will have some pros and cons, and no easyMarkets and umarkets review would be complete without showing both sides. Compare easyMarkets and umarkets 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 broker and are choosing between easyMarkets or umarkets. Which one is best in 2022?
This easyMarkets vs umarkets comparison contains the most recent information so you can easily compare umarkets against easyMarkets.
If you are a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you have to select the ideal agent who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. easyMarkets and umarkets are two such platforms which will take you along with your investment into great heights. It is important to compare easyMarkets vs umarkets before you trust them with your money.
Our easyMarkets vs umarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and umarkets side by side.
Our entire easyMarkets vs umarkets Review covers all you will need to know about trading using either easyMarkets or umarkets. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investing objectives.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you choose them. It is a common misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
easyMarkets and umarkets are both brokers which have forged their way successfully to the broker world. In this review, we've tried to collate a number of the important facets of both easyMarkets and umarkets. This review can allow you to know whether either umarkets or easyMarkets is a fantastic match for your investments or not. We've attempted to breakdown all the qualities and charges for your advantage.
Benefits of easyMarkets and umarkets Compared
easyMarkets offers a minimum deposit of $100 while umarkets offers a $250 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and umarkets 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 umarkets has around 200 on their platform.
The more instruments you can trade on the easyMarkets and umarkets 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 umarkets.
easyMarkets and umarkets Contact Details
Being able to contact an online trading platform easily is vital. easyMarkets and umarkets have the following contact details and social medias that you can use.
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| Broker | easyMarkets | umarkets |
| Telephone Number | +357 25 828 899 | |
| support@easymarkets.com | ||
| Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
| easyMarkets Twitter Account | umarkets Twitter Account | |
| easyMarkets Facebook Page | umarkets Facebook Page | |
| easyMarkets Instagram Account | umarkets Instagram Account | |
| easyMarkets LinkedIn Page | umarkets LinkedIn Page | |
| YouTube | easyMarkets YouTube Channel | umarkets YouTube Channel |
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umarkets 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 umarkets 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
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 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 umarkets - Awards
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| Broker | easyMarkets | umarkets |
| Awards |
easyMarkets have won a lot of industry awards over the years they have been operating as a financial broker. We show the most notable awards for easyMarkets below.
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At the time of writing this umarkets review, and despite umarkets’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs umarkets - Frequently Asked Questions
easyMarkets vs umarkets - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
umarkets was founded in 2018 and has its headquaters in Bulgaria.
What is the minimum deposit for umarkets or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for umarkets is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and umarkets are a good choice.
easyMarkets vs umarkets - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
umarkets 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-F333.
Both easyMarkets and umarkets have a powerful collection of rules for ensuring honest trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare easyMarkets vs umarkets Commission And Fees
easyMarkets and umarkets are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the number of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 types of fees for this purpose.
The first sort of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In these instances, you are paying a spread, financing speed, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither easyMarkets or umarkets charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees billed by easyMarkets and umarkets are comparatively competitive. Consequently, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of assets.
This easyMarkets vs umarkets review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And umarkets
What Languages Do easyMarkets And umarkets Support?
Being able to communicate completely with your trading broker is a key part of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you can find all the languages that both easyMarkets and umarkets support.
How Many Clients Do easyMarkets and umarkets Have?
Both easyMarkets and umarkets are well established with their customer base. It is really important to work with a broker you can trust and one of the most simple 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 umarkets are working with
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| Broker | easyMarkets | umarkets |
| Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and umarkets Accept?
easyMarkets and umarkets 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 umarkets
What Can You Trade With easyMarkets and umarkets?
easyMarkets offers 200 trading instruments whilst umarkets offers 216.
Below you will find a full breakdown of what both easyMarkets and umarkets offer.
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Compare umarkets To All Other Brokers