About EasyTrade
Company Overview
EasyTrade is a brand name owned by Easy Trade Markets Ltd, which claims to be based in Australia. The company was established on 16 March 2021, according to its registration records. Its registered address is Level 6, 360 Collins Street, Melbourne, VIC 3000, Australia. Despite its Australian registration, EasyTrade is not listed on the Australian Securities and Investments Commission (ASIC) register as a regulated financial services provider.
Regulatory Status
Our review found no evidence that EasyTrade holds any regulatory licence from ASIC or any other financial authority. The broker's website implies that ASIC regulation is necessary for its operations, but cross-checking the public register confirmed that no licence exists under the name EasyTrade or Easy Trade Markets Ltd. This lack of oversight means traders have no recourse to a formal dispute resolution scheme or investor compensation fund.
Account Types and Trading Conditions
EasyTrade offers two account types: Raw and Standard. Both accounts provide a maximum leverage of 500:1, which is extremely high and carries significant risk. The minimum deposit for these accounts is not disclosed on the official website, making it difficult for potential clients to assess entry requirements.
Instruments and Platforms
The broker does not specify the trading instruments it offers, such as forex pairs, indices, commodities, or cryptocurrencies. Similarly, no information is available regarding the trading platform(s) provided, whether it be MetaTrader, cTrader, or a proprietary solution. This lack of transparency is a red flag for traders seeking to understand the trading environment.
Funding and Withdrawals
No details are available on the official site regarding accepted deposit methods, withdrawal processes, or associated fees. Reliable brokers typically provide clear information on payment options, currency support, and processing times.
Client Suitability
Given the unregulated status and high leverage, EasyTrade is not suitable for traders who prioritise security and regulatory protection. The severe risk score assigned by FXCanary further underscores the dangers of trading with this broker. It may be considered only by experienced traders willing to accept extreme risk, but even then the lack of transparency is a major concern.
Overview compiled by FXCanary from regulatory records and public data. full EasyTrade review