Easy-Forex

Easy-Forex is a retail forex and CFD broker registered in Cyprus, having been founded on 10 September 2020. The company is based in Limassol, Cyprus, with a registered address at P.O.Box 53742. The broker holds licences from two major regulators: the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CYSEC), both for Market Making (MM) activities.

Despite its regulatory credentials, Easy-Forex carries a severe scam risk score of 85/100 according to FXCanary's assessment. This high score suggests significant red flags that traders should consider before engaging with the broker. Independent public information about the broker's operations is limited, as no official website details or user reviews are available.

Easy-Forex holds two regulatory licences: one with ASIC in Australia and one with CYSEC in Cyprus, both for Market Making (MM). Market Making implies the broker acts as the counterparty to client trades, a common model in retail forex. However, the status of these licences is not explicitly stated, and the severe risk score raises questions about their effective oversight.

Traders are advised to verify the licences directly with the regulators. The presence of dual regulation may provide some level of protection, but the lack of transparent operational history and the high risk score warrant caution.

Given the limited information, it is unclear what specific trader segments Easy-Forex targets. Typically, brokers with ASIC and CYSEC licences cater to retail and professional traders in the Asia-Pacific and European regions. However, the severe risk rating suggests that the broker may not be suitable for conservative or risk-averse traders.

Potential clients should conduct thorough due diligence, including verifying the broker's trading conditions, platform offerings, and funding methods, none of which are publicly documented at this time.