EasyMarkets – legit or scam?

  • This topic has 4 replies, 1 voice, and was last updated 4 months ago by Ian.
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  • #187636 Reply
    TraderBabe

      Alright everyone, can you let me know if EasyMarkets is a solid broker? Their tag line is “simply honest” but are they well known in trading circles for being legit and trustworthy?

      Thanks.

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      • #187789 Reply
        James Barra
        Moderator
          DayTrading.com Team

          Hi TraderBabe,

          Based on our review of easyMarkets, it’s a credible broker.

          The primary reasons we consider it legitimate are:

          • It’s authorized by reputable regulators like ASIC in Australia and CySEC in Cyprus – both ‘green tier’ regulators as per DayTrading.com’s Regulation & Trust Rating.
          • It’s been operational for over 20 years, having launched in 2001, with a global client base and transparent trading terms and conditions.
          • Our experts had a largely good experience with the broker during testing, scoring it 3/5 overall after weighing key categories like trust, market offering, trading tools and customer support.
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          • #187917 Reply
            TraderBabe

              This is reassuring to hear. Thank you for taking the time!

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          • #187788 Reply
            Steve

              EasyMarkets is a legitimate trading broker that has been around for many years, and ever since I’ve been interested in the trading space. They’ve built their own platform and sponsor Real Madrid football club. I would be very surprised if they turned out to be a scam.

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              • #188069 Reply
                Ian

                  I wouldn’t consider a firm being a sponsor of top flight football team a guarantee that it’s not a scam.

                  Just look at Wirecard…It was one of the largest financial frauds in recent times and it was partnered with Bayern Munich. You could even see its company logo on the club’s training kits.

                   

                   

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