Easy Forex Review
October 26, 2007
When we come to Forex we have to be carefull and see which broker we have to choose and how good they are. For that reason I don’t put all the eggs in one basket and one of the Forex brokers that I use is Easy Forex. What they promise are the following:
Start trading with as little as US$50: To check the system how fast and how good they are I started with $300 and not the minimum (which is true because first I deposited $50 and then $200), till the first day everything was smooth can continue to be smooth.
Credit Card use for instant Deposit: I am sure many forex investor find this way one of the easiest way to start using forex. Because no need to go to the bank or something similar. Their anti-fraud system are the best ones.
Guaranteed Stop-Loss Rate: When I read about the guarantee I jumped almost instant to sign up with easy forex.
Freeze the Rate you see (Freeze&Trade): It works great!
No hidden costs, Competitive spreads: Till now (after 6 months) I can assure this that there is no hidden costs with them neither Competitive spreads. Easy forex are doing what they promise.
Special Terms for frequent traders: You can read them in their site without anything to hide, read it before you sign up with them.
No download of software: This is good for those that have good internet conection, even if you are somewhere else with a computer that is not yours you can trade with easy forex, and this is a good point for me at least.
Live Quotes, real-time: How much I hate those brokers that don’t give qoutes in real time. At least easy forex is doing the best and it is real time! No need to use another qoute service like many (and I did before knowing easy forex).
Global Forex (FX) Trading, Join Easy-Forex: Online 24×7 Trade, Special Terms for Frequent Traders!
Easy Forex Personal account management
Anybody there?
Are there real people behind the phone (or the e-mail box)?
Do I speak with the same person, managing the service to my Forex account and providing the personal touch and assistance, online?
Easy-Forex™ expert team members are available for you, at all times, anytime. Moreover, you have your own Account Service Manager working closely with you, and the dealing room services are offered to you by expert Forex dealers. You may speak with us over the phone, over e-mail, or over the advanced online CHAT system that we run, as well as visit your regional office and meet in person.
Yes, it’’s internet, but we are real, and we take it personally.
Easy Forex Live training, one-on-one help on first steps in online trading
Do they offer professional assisting tools?
Easy-Forex™ offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support. You are never left alone to trade without help, if indeed you need it. Moreover, your personal Account Service Manager will guide you live, on your first trading steps, to help you get acquainted with the Easy-Forex™ system, and will answer your technical questions.
Easy Forex Rates, Limits and Stop-Loss
When I set a rate to a deal, is it executed “around”, or “near” the rate I set, or rather exactly on it?
Easy-Forex™ executes your set rates, including Stop-Loss and Take-Profit rates, by using the latest technologies. We are committed to the principle that you should not lose more than your Stop-Loss amount at risk, as defined by you. Please see our terms & conditions.
As well, per your pre-set TAKE-PROFIT rate (if you choose to set such rate) your deal will be automatically closed, exactly on your pre-defined Take-Profit rate.
Needless to say that you can change those pre-defined rates, Stop-Loss as well as Take-Profit, at any time while your deal is open.
It is highly important that you know that, due to the nature of the forex global market, 100% guarantee to pre-set rates is impossible. Such may occur under highly volatile market conditions, where other parties to the Forex trade (e.g. – the trader, the platform, the liquidity provider, etc.) are unable to execute specific rates, or specific rate range, due to conditions that are beyond their control.
Simply put: Easy-Forex™ makes any and all efforts to guarantee the rates, when it is able to doing so, unless market conditions prevent delivering the rate selected.
No software download
Is their internet platform friendly and easy to use?
Do I need to download any software?
Can the trading be performed immediately, without any obligation to a certain configuration or a computer?
Easy-Forex™ Trading Platform is the only Forex platform that enables users to start trading immediately. With no software download required you may login to your account and trade anytime, from anywhere.
Easy Forex Instant Deposit with Credit Card
Am I bound to wait for the banking hours, or can I deposit trading margins with my credit card?
Should I miss an opportunity, in case I would like to change the margins in the middle of the night?
And when I profit, can I withdraw the profits to my credit card account?
Easy-Forex™ is the only Forex platform which allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours! Easy-Forex™ cares about protecting your credit card security as well as protecting your privacy to the highest standards. To achieve that, we use the latest technologies and comply with all relevant regulations. Please read their terms & conditions.
Easy Forex Start trading in less than 5 minutes
Are there any tedious procedures needed for account set-up?
Can I immediately register, deposit the margins for the deal, and start running?
Of course you can, especially when you have no software to download, and you have the option to use your credit card for depositing the margin required for the trading. Please note that due to security measures, aimed to protect you, the Forex trader, the scope of deals on the first week of new users trading with Easy-Forex™ is limited. Such restriction will be removed after making a phone contact with our team.
Easy Forex Margin trading with as little as US$50
What is the lowest amount I can risk and deal Forex with?
The Easy-Forex™ system enables you to trade with small amounts as well. You can start using Easy-Forex™ even with an amount as little as $50! No bank would ever offer you such an opportunity! When trading, you may deposit the sum that suits you, or fits the amount that you are willing to risk. Starting to trade with such small amounts is the best way to get acquainted with the Forex marketplace. Much better than operating “DEMO” accounts, where you are not really risking your own money. After getting familiar with the system, you may increase your level and scope of activity, as you find fit.
Easy Forex Freeze the Rate you see and trade Forex online
When I select a rate for a deal, can I “FREEZE” it for a few seconds, before I should make my final decision?
Do I have enough time to regret?
Unlike any other trading platform today, Easy-Forex™ offers you the possibility to Freeze the Buy or the Sell rate that you see for a few seconds, irrespective of rate movements. That means that the rate you see and freeze is the rate you get (if indeed you decide to make the deal). During those “FREEZE” seconds, the Forex market could change, however - you are guaranteed to use the rate you have frozen, in case you wish to materialize it into a deal. Please note that guaranteeing the rate per such feature is available during regular market activity only. Under unusual conditions, this feature will not be guaranteed.
Easy Forex Security and Safety
What kind of safety and security measures are taken to protect my transactions?
Literally, the best. Easy-Forex™ treats the issues of data security, privacy, integrity and backup with the utmost attention and care. This is achieved through:
* Ensuring authorized access only, Easy-Forex™ uses two layers of top class firewall: one at the server level and one at the application level.
* For user authentication and data transfer Easy-Forex™ uses an advanced SSL by Verisign
* Separating the application servers (the servers that handle our clients” online activity) from the transaction information: those are stored on a different data server.
* For data recovery, integrity and replication Easy-Forex™ uses two different server farms, physically located away from each other. Data has to be synchronized in both locations, thus cannot be tampered with. All the information on the servers is stored encrypted.
* The physical security of each server farm is very high. Armed guards are situated 24 hours a day, and access to the premises is strictly forbidden except for authorized personnel.
We make sure that whatever happens: failure, disaster, etc. your transactions are intact, secure, and backed up.
A growing number of individuals are exploring the benefits of investing in foreign currency. That’s one reason why Easy-Forex.com has quickly become one of the biggest players in the Internet-based currency trading market. Individuals no longer need to be reliant on brokers or banks to complete transactions like these. Now even those at home can receive up-to-the-minute information on foreign currency exchange rates and interact with their invested fund first hand. It’s a bold new area for those speculators looking for more immediate results from their investments and many people feel comfortable in the degree of stability found in the world of foreign currency exchange.
Investing in foreign currency can be lucrative, which is one reason why this area of finance has become so appealing to so many people. Easy Forex has made the process of investing in foreign currency as simple as possible so that practically anyone can try their hand at it. You can easily fund your Easy Forex trading account since the company allows and encourages small investors to try their service. You can even use your credit card to start your venture into currency trading. What’s more, there are actually tutorials to help you understand the trading process for those new to this form of investment.
Posted in Forex
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