Easy Forex Review

ForexGuy — Tue, 07 Apr 2009 21:30:48 +0000

Easy Forex

General Information

Easy Forex is one of the most popular systems for Forex trading platforms available today.

Signing up for an account is very easy, although they don’t provide much information about themselves before asking for your contact information.

We’ll try to clear things up a little bit for you here.

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Product Details

With the Easy Forex System you typically get trading ratios of 1:50 to 1:200.

Once you sign up, you’ll be asked to choise a pair of currencies that you would like to deal with.

You can then select what type of account you want – they allow you to get started for as little as $100 (and allow you to use a credit card if you prefer).

One unique feature offered is the “freeze” feature. Basically, it allows you to stop a deal for a few seconds before you finally activate it. During the freeze period you can change the terms, accept them as they are, or change your mind completely and still get out.

Price: Varies – deposit as much as you like – minimum $100 to open account (although sign up is free)

Rating:

Benefits:

	Personal account managers will work with you by phone or online chat.
	Live training and one on one help
	No software to download
	Margin trading with as little as $100
	No hidden costs

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Consumer Feedback

“It is excellent. The problem they need to solve is the delay in entering or exiting a position. Too much slippage. You loose 4 or 5 pips (every time you enter or close a position) due to lagging executions. The slippage always goes contrary to the customer. The lagging favors always easy-forex.“

Actual user feedback from goforex.net

“Easy-Forex may be a little slower, since it’s fully web-based! Forex trading can be done 24×7 from any computer on earth, no download needed. Easy-Forex offers an online use of credit cards and PayPal, also for profit withdrawal. They have real people, providing 1-on-1 service and guidance. Easy-Forex is the only platform offering “Freeze and Trade” (the trader selects a rate, but still has a few seconds to regret). They are the only ones who do NOT require any “maintenance margin”, meaning – to deposit collateral funds, in addition to margin investment itself. I believe that they can offer that, since they guarantee exact rates (for stop-loss and others), so there is no “slippage”. As well, when they say “no hidden costs” – they know what they mean. With other platforms you discover new costs, when it comes to profit withdrawal…“

Actual user feedback from Amazon.com

	“I traded with this broker for 2 years and nothing to worry about it. No fees for deposits and withdrawals. Instant deposit using credit card… I withdraw every week and money appears in my account from 2-4 days. Best support through chat or email. Great Broker…“

Actual user feedback from forexpeacearmy.com

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Website URL:

www.easy-forex.com

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Easy Forex Review