Forex EasyTrade Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.5

Business 1.8

Risk Control 2.1

Software 2.8

Regulatory 2.3

Terminal Snapshot

EasyTrade Trading Conditions

Registered Region New Zealand

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@easytradingfx.com

Contact Number N/A

Website N/A

Balanced Review

Pros & Cons

Pros

Diverse range of financial products including forex, CFDs, and cryptocurrencies
Multiple trading platforms: Meta Trader 4, mobile apps, and Trading View
High maximum leverage up to 1:500 for forex trading
No commissions on Silver Account, appealing for beginner traders
Flexible account types catering to different trading experience levels

Cons

Not regulated by any recognized financial authority
High minimum deposit requirements for all account types
Limited customer support options, no phone assistance
Potential hidden fees and unclear commission structure
Limited educational resources for traders

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	EasyTrade	TIGER BROKERS	FXBTG	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	New Zealand	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does EasyTrade Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Silver Account	Beginners	Accessible minimum deposit, no commissions	Suitable for small-capital practice but with higher spreads
Gold Account	Intermediate traders	Lower spreads starting from 0 pips, commission based on trading volume	Requires higher deposit, potential for better trading conditions
Premium Account	Experienced traders	Exclusive features, floating spreads from 0 pips, commission based on trading volume	High minimum deposit required, suitable for active traders

Account Opening Process

To open an account with EasyTrade, traders must follow a series of steps: First, they need to submit personal, employment, and financial information. This is followed by identity verification, which requires providing an ID and proof of address. Once the initial account is set up, traders may have the flexibility to upgrade to a professional account later, depending on their trading activity and experience.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	1.2 (Silver Account)	$0 (Silver Account)	Higher spreads for beginner accounts
Forex (Gold Account)	0 (Floating)	Commission based on trading volume	Competitive for active traders
Forex (Premium Account)	0 (Floating)	Commission based on trading volume	Targeted at serious traders
CFDs (Stocks, Indices, Commodities)	Varies	Varies	Dependent on market conditions
Cryptocurrencies	Varies	Varies	Subject to market volatility

Other Fees

Traders should be aware of several potential fees associated with EasyTrade, including deposit and withdrawal fees, inactivity fees, and platform usage fees if applicable. Additionally, there may be overnight interest (swap rates) charged on positions held overnight and currency conversion fees for transactions involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

EasyTrade User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

Auckland, New Zealand

★ ★ ★ ★ ★

I have had a frustrating experience with EasyTrade. The withdrawal process is incredibly slow, and I often find myself waiting longer than expected to access my funds. Customer support is also lacking; I have sent multiple emails without getting a timely response. I expected better, especially given the high minimum deposit required.

Emily Johnson

Wellington, New Zealand

★ ★ ★ ★ ★

Overall, my experience with EasyTrade has been positive. The Meta Trader 4 platform is user-friendly and offers great tools for analysis. I appreciate the range of trading instruments available, which allows for a diverse trading strategy. However, I do wish their customer support was more responsive during peak trading hours.

Michael Lee

Christchurch, New Zealand

★ ★ ★ ★ ★

I cannot recommend EasyTrade due to their lack of regulation and poor customer service. I had a critical issue with my account, but I couldn’t reach anyone via phone, and their email responses were delayed. The high minimum deposit feels unjustified considering the service quality. I regret choosing this broker.

Sarah Brown

Hamilton, New Zealand

★ ★ ★ ★ ★

I am very satisfied with EasyTrade! The trading platforms are excellent, and I love the flexibility they offer. The high leverage is attractive for experienced traders like me, and I appreciate the variety of financial products available. My trading experience has been smooth so far, and I feel confident in my investments.

New Zealand Market