Easy Markets

Easy Markets presents itself as a Cyprus-based forex and precious metals broker, registered at an address in Limassol. According to our records, the entity was established on 18 December 2020, a relatively recent entry into the retail trading space. The broker operates the website easy-markets.cc and states that it offers web-based trading platforms for forex, silver, and gold.

Given the limited public information and the suspicious nature of its claimed licenses, traders should approach this broker with heightened caution. The company's registration in Cyprus is a known jurisdiction for forex brokers, but the novelty of the firm and lack of verifiable operational history raise questions about its reliability.

Easy Markets claims to be regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). However, our cross-referencing with industry databases indicates that these licence references are likely clones of established licences held by a different, older entity. ASIC licence number 246566 and CySEC licence number 079/07 have historically belonged to the legitimate Easy Forex, not this new entity.

Without genuine regulatory oversight, traders have no recourse to external dispute resolution or investor compensation schemes. In FXCanary's assessment, the lack of verifiable regulation is a major red flag. We strongly advise traders to verify any licence claims directly on the official regulator's register before committing funds.

The broker advertises three account tiers: Standard, Premium, and VIP. The Standard account requires a minimum deposit of $25 and offers a maximum leverage of 1:400. The Premium account requires a $2,000 minimum, and the VIP account requires $10,000, both also with 1:400 leverage. This high leverage level is common but carries significant risk, especially for inexperienced traders.

The availability of specific trading instruments beyond forex, silver, and gold is not clearly detailed, and the broker does not specify spreads or commissions. While the low entry barrier for the Standard account might appeal to newcomers, the absence of transparent pricing and the high leverage combine to create a risky trading environment.

Easy Markets promotes a proprietary web-based trading platform, but no details are provided about its features, execution speed, or reliability. There is no mention of popular third-party platforms like MetaTrader 4 or 5, which are industry standards for forex trading. The lack of information suggests that the platform may be a basic interface without advanced charting tools or automated trading capabilities.

Traders who rely on proven technology should consider this a limitation. The absence of a demo account offering is also notable; without a risk-free way to test the platform, potential clients must deposit real money to evaluate the service.

The broker's website lists contact details including a Cypriot phone number and email addresses, but there is no evidence of a live chat or multi-language support. The physical address matches the registered office, but the company's operational capacity remains unclear. The website itself provides minimal information about the team, leadership, or corporate history.

This lack of transparency is concerning for traders who value open communication and accountability. The broker's claims of being established in 2020 mean it lacks a long track record, and the limited public feedback makes it difficult to assess the quality of its service.