About Easy Forex
Company Overview
Easy Forex is a Cyprus-based broker registered in 2021, with its official domain at easy-forex.com. The company lists its registered address as Griva DiGeni 1 Ave, Kriel CourT, Office 303, CY-3035 LiMassol, with a P.O. Box for correspondence. Founded in March 2021, it is a relatively new entrant in the retail forex and CFD space.
Given the recency of its establishment, independent public information about Easy Forex is limited. Web searches for the broker predominantly return results for easyMarkets, a different entity with a much longer operating history, despite sharing the same domain name. This brand overlap may cause confusion for traders seeking information about Easy Forex specifically.
Regulation and Safety
According to our records, Easy Forex holds multiple regulatory licences from the Cyprus Securities and Exchange Commission (CySEC). Specifically, it is listed with a Market Making Licence (MM) under CYSEC, and two CIF licences under CySEC, all with a status of 'Regulated' or 'Authorised' in Cyprus. This regulatory framework subjects the broker to European Union standards for client fund segregation, reporting, and investor protection, up to the €20,000 compensation limit under the ICF.
However, the presence of multiple CySEC entries may reflect administrative updates or licence variations, which traders should verify directly on the CySEC public register. The broker's FXCanary Scam Risk Score of 16/100 (Low risk) suggests a low likelihood of fraud, but the lack of established track record warrants caution.
Trading Products and Platforms
Easy Forex claims to offer a broad range of tradable instruments, including forex, precious metals, commodities, indices, cryptocurrencies, and shares. This multi-asset offering is typical of retail CFDs brokers looking to cater to diverse trading strategies. The broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized for their advanced charting tools, automated trading capabilities, and custom indicators.
In addition to MT4 and MT5, the broker does not explicitly mention proprietary platforms or WebTrader options in the available information. The use of industry-standard platforms is a positive point for traders familiar with these interfaces, though no details are provided regarding mobile app availability or additional tools.
Account Types and Minimum Deposit
The broker sets a minimum deposit requirement of $25, which is relatively low compared to many competitors, making it accessible for new traders with limited capital. Specific account types are not detailed in the available facts; the broker may offer standard, ECN, or other variations, but such information is not confirmed. Leverage is advertised at up to 1:400, which is within the CySEC regulatory limit for retail clients (maximum 1:30 under ESMA rules for major forex pairs, but the broker's claim of 1:400 likely applies to professional clients or non-EU entities).
Traders should note that the spread claim of 1.7 pips for EUR/USD is comparatively wide by industry standards, where many brokers now offer sub-1 pip spreads. This suggests the broker may target less cost-sensitive beginners or those valuing regulatory protection over raw pricing.
Who Is It For?
Easy Forex appears aimed at retail traders seeking a regulated environment with a low entry barrier. The low minimum deposit and support for MT4/MT5 make it a potential choice for beginners, though the limited public information and brand confusion are drawbacks. The broker's CySEC regulation provides a level of safety for European-based traders, but those outside the EU may find the leverage restrictions binding.
Given the lack of track record and the confusion with easyMarkets, traders should conduct thorough due diligence before committing funds. It is advisable to test the broker's services via a demo account first, and to verify its licence status directly with CySEC.
Overview compiled by FXCanary from regulatory records and public data. full Easy Forex review