easyMarkets Service Review - Vanilla Options trading platform to invest simply and smartly
easyMarkets’ platform is simple and versatile.
Friendly to new clients with a lot of features for experienced traders.
You also receive easyMarkets free guaranteed stop loss, no slippage, fixed spreads and no funding or withdrawal fees.
The independent vanilla options platform is designed to be user-friendly, while still allowing to quickly access easyMarkets CFD and easyTrade platform.
Open easyMarkets Real or Demo Account
Vanilla Options are a popular financial product used by institutional trader to hedge against volatility but also for long term trading.
To start using the Vanilla Options, login and click on the menu on the top right, you will see the option to navigate to the Vanilla Options platform.
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Why you should trade Options?
Options can be used to speculate on a variety of market characteristics, for example future exchange rates and price volatility.
You can buy options and speculate that the price of the underlying asset will rise or fall or you can sell an option strategy looking to profit from decrease market volatility.
Currency, or forex, options are one of the best ways traders can protect themselves from undesirable moves in exchange rates.
Traders will hedge against loss or open trades by trading options.
An option gives you the right but not the obligation to buy or sell an underlying asset at a specific time at a specific price in the future.
The specific price agreed is the strike price and the underlying asset in our case is the currency traded.
Of course to buy an option there must be someone willing to sell it and a price at which it is traded.
The buyer is called the holder and the seller is called the writer.
For someone to sell you an option he will demand a premium, this is the option’s price and this is what you are trading on our platform.
Keep reading to see what types of options exist and how you may profit or hedge your positions using options.
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Who is easyMarkets?
easyMarkets is an Online FX & CFD Broker in Europe.
The broker was established in 2001, licensed by Cypriot CySEC and Australian ASIC.
easyMarkets strives to offer “Easy & Simple” investment solutions for online traders.
With 3 minutes online registration & only 100 USD, you can get access to over 300 financial markets online.
Fixed Trading Cost and Guaranteed NBP(Negative Balance Protections) are also the advantages to protect beginner traders.
*easyMarkets does not provide service to residents in United States of America, Israel, Iran, Syria, Afghanistan, Myanmar, North Korea, Somalia, Iraq ,Sudan, British Columbia, Ontario and Manitoba.
easyMarkets Trading Information
With easyMarkets, you can invest in over 300 financial instruments including Forex, Commodity, Metals, Energies and Equity Index through easyMarkets Trading Platform and MetaTrader4.
Both easyMarkets & MT4 trading platforms are provided with “Instant Execution” as the broker is a “Market Maker” model.
The maximum Leverage is 1:400 and NBP is fully supported. (The Stop Out is at 30% of your Margin)
The trading cost is “Fixed” with spread from 1.0 pip, which is about $10 per $100,000 of transaction.
easyMarkets strives to offer the platforms with “No Slippage & No Commissions“, which makes their service even simpler for traders.
You can start investing with easyMarkets from only 100 USD.
Comparison of easyMarkets trading account types
There are mainly 4 different account types available with easyMarkets as follows:
Platform | easyMarkets Web/App and TradingView | MT4 | MT5 | ||||
---|---|---|---|---|---|---|---|
Account Type | VIP | Premium | Standard | VIP | Premium | Standard | Standard |
Spread Type | Fixed | Fixed | Fixed | Fixed | Fixed | Fixed | Variable (Floating) |
Minimum Spread | 0.8 pips | 1.5 pips | 1.8 pips | 0.7 pips | 1.2 pips | 1.7 pips | 0.6 pips |
Required Minimum Deposit | 10,000 USD | 2,000 USD | 25 USD | 10,000 USD | 2,000 USD | 25 USD | 25 USD |
Minimum Trading Volume | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
Maximum Leverage | 1:200 | 1:200 | 1:200 | 1:400 | 1:400 | 1:400 | 1:500 |
Trading Commission | None | None | None | None | None | None | None |
Account Fee | None | None | None | None | None | None | None |
Personal Account Manager | Available | Available | Available | Available | Available | Available | Available |
No Slippage | Optional | Optional | Optional | Unavailable | Unavailable | Unavailable | Unavailable |
Guaranteed Stop Loss | Optional | Optional | Optional | Unavailable | Unavailable | Unavailable | Unavailable |
NBP (Negative Balance Protection) | Available | Available | Available | Available | Available | Available | Available |
Trading Central | Unavailable | Unavailable | Unavailable | Available | Available | Available | Available |
Sign Up Links | Open VIP Web Account | Open Premium Web Account | Open Standard Web Account | Open VIP MT4 Account | Open Premium MT4 Account | Open Standard MT4 Account | Open Standard MT5 Account |
For all of the above account types, you can choose an account base currency from: Euro (EUR), Canadian Dollar (CAD), Czech Koruna (CZK), Japanese Yen (JPY), New Zealand Dollar (NZD), U.S. Dollar (USD), Singapore Dollar (SGD), Swiss Franc (CHF), British Pound (GBP), Mexican Peso (MXN), Australian Dollar (AUD), Polish Zloty (PLN), Turkish Lira (TRY), Chinese Yuan (CNY), Hong Kong Dollar (HKD), Norwegian Krone (NOK), Swedish Krona (SEK), South African Rand (ZAR), and Bitcoin (BTC).