easyMarkets: Account type characteristics and spread comparison

easyMarkets is traded by a large number of traders all over the world. There are multiple account types, each with a different purpose, so be sure to choose the one that suits you best. Account type is also important in your trading strategy.

easyMarkets: Company profile and features Reputation and reviews

easyMarkets has been in operation for over 20 years, making it a very famous FX broker. The company is well-known among soccer fans as it sponsors the world's top soccer club, Real Madrid. What do easyMarkets users rate?

italiapuntonet.net

2023.09.18

account type

easyMarkets has four account types: No matter which account type you choose, there are no differences in the investment products available. The maximum leverage is 400x to 2000x, which is quite high.

standard account

The standard account is the recommended account type for beginners and those new to easyMarkets. The minimum deposit amount is $25 and you can trade with our own tools and MT4. The spread is wide, but it comes with a bonus. Standard account is the account type that allows you to start trading with the smallest amount.

premium account

Premium accounts have almost the same functionality as standard accounts. This is different from the standard account, as the spread tends to be narrower with an initial deposit of $2,000. Premium accounts have narrower spreads than standard accounts, making them suitable for short trades and scalping trades.

VIP account

The VIP account has an initial deposit of $10,000 and a very narrow spread. This account type offers the best spread among easyMarkets, so it is recommended for professional traders. However, the initial deposit amount is quite high, so it will be difficult to do so unless you are an advanced trader or have plenty of funds.

MT5 account

MT5 account is for traders who want to use MT5. Also, the spread is subject to change. Since it is a new account type released in 2022, there are not many users trading with this account yet. The maximum leverage for MT5 accounts is set to 2,000x.

Recommended account types

The recommended account type depends on the person.

beginner

The standard account is recommended for beginner traders and easyMarkets beginners. The spread is wide, but you can trade with a small amount, so it is highly recommended. It might be better to call it a trial account.

experienced trader

For traders with some experience, a premium account is recommended. The premium account has a very good balance and a moderately narrow spread, so it is very suitable for intermediate-level and above people who want to seriously increase their funds.

senior trader

A VIP account is best suited for professional traders. Professional traders have a lot of funds and prefer to choose account types with narrow spreads, so this is a great fit for them. Also, you will need funds, so it will be difficult if you are not a trader who can win to some extent. Also, if you want to use MT5 with high leverage, we recommend an MT5 account.

Average spread comparison

So how big will the spread be? We compared the Standard account, which has the widest spread, and the VIP account. As you can see from this, the spread is very wide for standard accounts. It can truly be called a practice account. If you really want to win as much as possible, VIP is the way to go.

You can open an account for free

EasyMarkets allows you to open an account for free. Anyone can open an account without any risk, so please refer to the article below and open an account.

easyMarkets: How to open a free account and identity verification/phone verification

EasyMarkets allows you to open an account for free. However, when opening an account, you will need to prepare identification documents, so please prepare them in advance. Opening an account with easyMarkets is very easy and can be completed within a few minutes, so there is no problem even if you have someone do it for you.

italiapuntonet.net

2023.09.18