easyMarkets Thailand Review
In Thailand, EasyMarkets is an award-winning online Forex trading platform and offers shares, indices, commodities, cryptocurrencies, and ETFs trading on mobile and desktop. The traders get tight fixed spreads, negative balance protection, no slippage, and guaranteed stop-loss while trading. EasyMarkets has a unique feature called dealCancellation; it allows traders to cancel a trade that has made a loss within 6 hours of placing the trade. EasyMarkets accepts Thailand traders and it is legal to trade Forex and CFD with easyMarkets in Thailand. Keep reading this easyMarkets Review Thailand to explore more about Easy Markets.
easyMarket complies with European and Australian regulators for their operation in European and Australian markets.
easyMarkets TRADING PLATFORM
easyMarkets is one of the leading Forex and CFD broker accepting traders from all over the world since 2001. Today, easyMarkets offer investors CFD trading, Forex trading, CFD trading on Commodities trading, Indices trading, Shares trading, and Cryptocurrencies with the highest levels of customer service and transparency. It has its offices located in Cyprus and Australia.
When trading Forex or CFD in Thailand it can be very time-consuming to find the right broker that serves your needs in terms of deposit methods, trading features, and customer services. We will explore all the features of easyMarkets, review and assess how well the easyMarkets online trading platform performs as a Global Forex broker.
As a Forex trader in Thailand, you have to visit and analyze several broker websites and compare the features and services they offer. This can be very time-consuming and confusing because most of the brokers try to attract traders with fancy words and offers which are actually not beneficial for the traders. In our review of easyMarkets Thailand, we breakdown the pros and cons of easyMarkets, regulatory information, fees and commissions, and unique features of easyMarkets. What makes easyMarkets an outstanding broker in the Financial Markets.
easyMarkets platform offers 200+ tradable Assets. The assets include CFD, Forex, Commodities, Indices, Shares, Crypto with low spread and fast execution speed. The popular asset in the metals category is Gold – east markets offer Gold and Silver trading securely with low spread and commissions. Forex pairs (Majors, Minors, and Exotics) also have a low spread which is very competitive in the market. The commodities available for trading include WTI Oil, Brent Oil, Natural Gas, Wheat, Corn, Coffee, and Sugar, etc.
Is easyMarkets a Safe Forex Broker?
When selecting a Forex broker regulatory status and transparent trading conditions of the broker are very important. There are many Forex Brokers in Thailand who don’t comply with any regulatory body, your funds may not be safe with such Forex brokers. easyMarkets comply with multiple regulators in Australia, Cyprus, the Republic of Seychelles, and the British Virgin Islands. The global operations comply with the Financial Services Commission in the British Virgin Islands. Hence, it is safe to trade with easyMarkets in Thailand.
The clients’ funds are held safely in a segregated bank account in Tier-1 banks, hence the traders can rest assured about the safety of their funds.
Is my money safe with easyMarkets?
All the payments deposited to easyMarkets accounts by traders are held in a segregated bank account in Tier-1 banks.
The Tier 1 banks are the safest and most secure banks as far as clients’ money is concerned. Tier 1 are banks with strong core capital reserves and are able to withstand unexpected financial losses. Your money deposited with easyMarkets means that your funds are safe in a reputed bank that has enough capital to accommodate your withdrawal requests even if easyMarkets goes out of business for any reason.
Therefore, we can safely conclude that the client’s funds with easyMarkets are secure and safe.
Although your funds are safe with easyMarkets, please note that you may lose funds due to trading. When the trade goes against your expectation, you may lose money—losing money while trading is as natural as making money while trading. The traders lose money due to either not putting enough effort into researching the markets, lack of knowledge, or not using the indicators to analyze the market while trading.
While trading online in financial markets, losing money due to trading CFD, Forex, Commodities, Indices, Shares, Crypto is not uncommon. easyMarkets clearly state on their platform that “your capital is at risk.”
Now that we have covered some important questions on easyMarkets and its safety aspects let us now look into the easyMarkets features in more detail.
Try creating two accounts when you are working with easyMarkets. One is the real account with your real money, and the other is your demo account. The demo account is your experimental account.
easyMarkets Account Types
easyMarkets offers three account types to its traders. They are VIP, Premium, and Standard Account. Every trader can open a Demo Account too for practice and learning purposes. easyMarkets Demo Account doesn’t require any deposit. The VIP account offers extra features like lower spread, trading central indicators, Free daily analysis, or negative balance protection.
easyMarkets VIP account starts with an initial deposit of $10,000. It is suitable for the pro traders as it offers really tight spread starting at 0.9 pips for EURUSD. The minimum lot size remains at 0.01 standard lot.
Premium account of EasyMarket starts with a deposit of $2000. It has a higher spread as compared to a VIP account. The spread starts at 1.4 pips for EURUSD. The minimum lot size for a Premium Account is 0.01 and the leverage is 1:400.
easyMarkets Standard Account is the one commonly opened by a retail trader. It starts with a deposit of $25. The minimum lot size remains the same as other accounts at 0.01. However, it has a higher spread than VIP and Premium Accounts.
Is easyMarkets a Global Broker?
Yes, easyMarkets is a global Forex broker, as easyMarkets is available in over 194 countries, including Thailand.
Frequently Asked Questions
Is easyMarkets a legal Forex broker in Thailand?
Yes, easyMarkets is a legitimate Forex broker registered as EF Worldwide Ltd (British Virgin Islands Financial Services Commission – License Number SIBA/L/20/1135). Additionally, it complies with regulators in Australia and Cyprus, enhancing the credibility of easyMarkets as a reliable Forex broker in Thailand.
Is easyMarkets regulated in Thailand?
easyMarkets does not come under any regulators in Thailand. It accepts Thailand traders for Forex trading as a legitimate entity registered with the British Virgin Islands Financial Services Commission.
How to deposit and withdraw funds from easyMarkets in Thailand?
easyMarket accepts all major credit and debit cards for depositing funds into the account. They also accept major eWallets like WebMoney, Skrill, Neteller, Fasapay, STICPAY, etc as funding methods. Most of the funding takes place within few seconds. Some of the funding methods take time and depend on bank processing time.
easyMarkets Review – Thailand
easyMarkets provides brokerage solutions for Forex and CFD trading with 200 plus symbols available on its trading platform. The traders can open unlimited free Demo Accounts for learning and practicing purposes. Availability of both Web trading platform and MT4 platform is an added advantage.
Small trading fees with 0.9 pips fixed spread on the EUR/USD pair on the MetaTrader4 platform are really advantageous for professional Forex traders. The unique features like DealCancelation, Freeze Rate, Guaranteed StopLoss, and Negative Balance Protection are not common with other Forex brokers in Thailand. Hence, we recommend trading with easyMarkets in Thailand for Forex and CFD trading.