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Friday, December 11, 2009

Easy Forex - Easy Forex Broker Overview

By Prema Laga

Easy Forex been active in the forex trading business for a long time. Easy Forex was created in 1999 and has seen their fortunes slowly rising as most online forex brokers choose to do business with them over forex brokers. Their main strategy is one that is straightforward. They want to simply the process of online forex trading for their clients. Therefore, in the past they chose to offer only one type of trading platform, one that was web based. Orders were put through their website directly.

It consisted of a number of query boxes the client has to fill up such as currency pair, lot size, stop loss, limit etc. Their website has always been sparse with a clean look. Users normally report that all the information on their site is easy to access.

When they first started off, Easy Forex did not have competitive spreads. Thankfully, they have rectified that problem and now have very competitive spreads.

But again, while spreads are important, dealing with a trustworthy forex broker is more important. There are no problems here either as Easy Forex has weathered many storms and still survived for nearly a decade. This means great things for Easy Forex and proves that they are a safe broker to do business with. They are fully regulated in three regions, America, Australia and Europe.

This broker also offers a number of advantages to their customers as well. While most online forex brokers offer about 4 or less base currencies for trading accounts, Easy Forex offers a full 12 base currencies. You can open an account with them in the US dollar, British Pound, Japanese Yen, Euro, Singapore dollar, New Zealand dollar, Canadian dollar, Australian dollar, Norwegian Krone, Swiss Franc, Israeli New Shekel and the Polish Zloty. An outstanding amount.

They also offer a number of commodities which include silver, gold, crude oil, gas oil and heating oil. And to top it all off, they do not charge any withdrawal fees. Other top brokers usually charge a fee ranging from 20 to 40 dollars per withdrawal.

Since their forex trading platform is entirely web based, clients can trade anywhere in the world as long as they have a computer and an internet line. Downloads are not necessary. Clients are also given the unique ability to freeze the price before entering a trade. This feature is only found with Easy Forex. Since prices fluctuate constantly, this means getting the rate you want is much easier.

Like most popular brokers, they also offer a free forex demo account Given all the advantages that this broker offers, we feel that Easy Forex is easily one of the internets top online forex broker. - 23204

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