easyMarkets Review
Overall, easyMarkets is considered low-risk, with an overall Trust Score of 82 out of 100. easyMarkets is licensed by one Tier-1 Regulator (high trust), one Tier-2 Regulator (average trust), and two Tier-3 Regulators (low trust). easyMarkets offers three main retail investor accounts namely a Standard Account (MT4 or Web/App), Premium Account (MT4 or Web/App), and a VIP Account (MT4 or Web/App). EasyMarkets is currently not regulated by the CMA of Uganda
- Louis Schoeman
Updated : March 27, 2023
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Trading Platforms
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.9/5
Min Deposit
USD 200 / 88,700 UGX
Regulators
CFD
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
easyMarkets Review – 25 key points quick overview:
easyMarkets Overview- easyMarkets At a Glance
- easyMarkets Regulation and Safety of Funds
- easyMarkets Awards and Recognition
- easyMarkets Account Types and Features
- How to open an Account with easyMarkets
- easyMarkets Vs SuperForex Vs XM – Broker Comparison
- easyMarkets Trading Platforms
- easyMarkets Range of Markets
- Broker Comparison for Range of Markets
- easyMarkets Trading and Non-Trading Fees
- Deposits and Withdrawals
- How to Deposit Funds with easyMarkets
- easyMarkets Fund Withdrawal Process
- easyMarkets Education and Research
- easyMarkets Bonuses and Promotions
- How to open an Affiliate Account with easyMarkets
- easyMarkets Affiliate Program Features
- easyMarkets Customer Support
- easyMarkets Corporate Social Responsibility
- Verdict on easyMarkets
- easyMarkets Current Popularity Trends
- easyMarkets Pros and Cons
- Frequently Asked Questions
- Conclusion
easyMarkets Overview
easyMarkets accepts Ugandan clients and has an average spread from 0.03 USD on WTI (Fixed) with zero commission charges. easyMarkets has a maximum leverage ratio up to 1:400 and there is a demo and Islamic account available. MT4, MT5, easyMarkets, and TradingView platforms are supported. easyMarkets is headquartered in the British Virgin Islands and is regulated by BVI FSC, CySEC, ASIC, and FSA.
easyMarkets is a worldwide forex broker that is regulated by ASIC, BVI FSC, FSA, and CySEC. Initially founded as Easy-Forex in 2001, the broker would become easyMarkets in 2016. easyMarkets was one of the first brokers in the business to genuinely open forex trading to the public.
Since rebranding as easyMarkets in 2016, the broker has expanded its product offerings to include forex, commodities, indices, and cryptocurrency CFDs on a variety of trading platforms, including the popular MT4. All these products are available with tight, fixed spreads for Ugandan forex traders.
This easyMarkets review for Uganda will provide local retail traders with the details that they need to consider whether easyMarkets is suited to their unique trading objectives and needs.
easyMarkets Distribution of Traders
👉 easyMarkets currently has the largest market share in these countries:
➡️️ Poland – 30.5%
➡️️ Israel – 19.8%
➡️️ China – 6.7%
➡️️ United Arab Emirates – 6.6%
➡️️ India – 4%
Popularity among traders who choose easyMarkets
🥇 Even though easyMarkets does not have the highest market share in Uganda, the broker is ranked among the country’s top 40 brokers.
easyMarkets At a Glance
| 🏛 Headquartered | The British Virgin Islands |
| 🏙 Local office in Kampala? | No |
| ✅ Accepts Uganda traders? | Yes |
| 🗓 Year Founded | 2001 |
| 📞 Uganda traders Office Contact Number | None |
| 🤳 Social Media Platforms | • Instagram • YouTube |
| ⚖️ Regulation | BVI FSC, CySEC, ASIC, FSA |
| 🪪 License Number | • British Virgin Islands – SIBA/L/20/1135 • Cyprus – 079/07 • Australia – AFSL 246566 • Seychelles – SD056 |
| ⚖️ CMA Uganda Regulation | No |
| 🚫 Regional Restrictions | United States of America, Israel, British Columbia, Manitoba, Quebec, Ontario and Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, the Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea-Bissau, Haiti, Honduras, Iran, Iraq, Laos, Libya, Mozambique, Myanmar, Nicaragua, North Korea, Palau, Panama, Russian Federation, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, Yemen |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 3 |
| 📊 PAMM Accounts | None |
| 🤝 Liquidity Providers | None, Market Maker broker |
| 💸 Affiliate Program | Yes |
| 📲 Order Execution | Market |
| 📊 Average spread | Fixed, 0.03 USD WTI (OIL) |
| 📞 Margin Call | 70% |
| 🛑 Stop-Out | 30% |
| ✅ Crypto trading offered? | Yes |
| 💰 Offers a UGX Account? | No |
| 👨💻 Dedicated Uganda Account Manager? | Yes, a Personal Account Manager is offered |
| 📊 Maximum Leverage | 1:400 |
| 🚫 Leverage Restrictions for Uganda? | No |
| 💰 Minimum Deposit | 88,700 UGX or an equivalent to $25 |
| ✅ Uganda Shilling Deposits Allowed? | Yes |
| 📊 Active Uganda traders Trader Stats | 100,000+ |
| 👥 Active Uganda traders-based easyMarkets customers | Unknown |
| 💳 Uganda Daily Forex Turnover | Unknown, overall Forex Daily Trading Volume is over $6.6 Trillion |
| 💵 Deposit and Withdrawal Options | • Debit Card • Credit Card • AstroPay • Sofort • Giropay • iDEAL • Local Bank Transfer • Bpay • Neteller • Skrill • Fasapay • Sticpay • Egyptian Local Deposits • WebMoney • BitWallet • Perfect Money • Bank Wire Transfer • UnionPay • WeChat Pay |
| ⏰ Minimum Withdrawal Time | Instant |
| 💵 Instant Deposits and Instant Withdrawals? | Yes |
| 🏦 Segregated Accounts with Uganda traders Banks? | No |
| 🕐 Maximum Estimated Withdrawal Time | Up to 5 Working Days |
| 📊 Trading Platforms | • easyMarkets Platform • MetaTrader 4 TradingView |
| ✔️ Tradable Assets | • Forex • Shares • Cryptocurrencies • Precious Metals • Commodities • Indices |
| 💸 Offers USD/UGX currency pair? | No |
| 📈 USD/UGX Average Spread | N/A |
| 📉 Offers Uganda traders Stocks and CFDs | None |
| 🗣 Languages supported on Website | Chinese, Arabic, Polish, Spanish, Italian, German, Japanese, and several others |
| 📞 Customer Support Languages | English, French, Spanish, Italian, Arabic, German, Bulgarian |
| ⏰ Customer Service Hours | 24/5 |
| 👥 Customer Support Languages | Multilingual |
| ✅ Bonuses and Promotions for Uganda traders | None |
| 📚 Education for Uganda beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 💰 Most Successful Ugandan Trader | Unknown |
| ✅ Is easyMarkets a safe broker for Ugandan traders? | Yes |
| 📊 Rating for easyMarkets Uganda | 9/10 |
| 🤝 Trust score for easyMarkets Uganda | 82% |
| 👉 Open an account | 👉 Open Account |
easyMarkets Regulation and Safety of Funds
easyMarkets Regulation in Uganda
easyMarkets is subject to stringent regulations on a global level but does not yet have regulations through the Capital Markets Authority of Uganda.
easyMarkets Global Regulations
easyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investment Commission (ASIC) throughout Europe and Asia. easyMarkets’ registration and licensing by these agencies place the broker among the pioneering companies.
Global customers are now covered by the easyMarkets by adding an FSA Seychelles and British Virgin Islands Financial Services Commission license.
The European Securities and Markets Authority (ESMA) laws are likewise in complete compliance with the company. When it comes to protecting investors and encouraging orderly financial markets, ESMA is an independent EU authority that plays a key role in helping to keep the EU’s financial system stable.
easyMarkets Client Fund Security and Safety Features
easyMarkets keeps Ugandan clients’ funds in separate global bank accounts that can only be used for their intended purpose. Clients alone have access to these funds at any moment. Positive balance protection ensures that customers never lose more than their initial investment.
In addition to independent audits, easyMarkets has risk management processes in place to identify, evaluate, monitor, and control each kind of risk involved in their operations. easyMarkets is a transparent, trustworthy, and legally licensed online broker.
In addition, easyMarkets’ liquid capital covers all client deposits, currency fluctuations, and other expenses. easyMarkets offers clients confidence that their money and personal information are protected.
easyMarkets Awards and Recognition
Since its establishment in 2001, easyMarkets has received the following awards and recognition, with the most recent being:
➡️ The Best Forex Trading Innovation, an award issued by FxScouts.com in 2021.
➡️ The award for the “Best Forex Trading App”, awarded in 2021 at the Smart Vision Investment Expo.
➡️ In 2020, easyMarkets received the “Best Forex Trading Innovation” Award from FxScouts.com.
Overall Rating
- 4.9/5
Min Deposit
USD 200 / 88,700 UGX
Regulators
CFD
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
easyMarkets Account Types and Features
easyMarkets offers Ugandans three trading accounts with transparent fees. Ugandans can join up for any of the three dynamic account kinds that suit their trading style and expertise.
The trading platform Ugandans could use to open an account divides each main account into two subcategories. Other subcategories with unique trading characteristics and circumstances will be covered in depth.
The available live account types are:
➡️ Standard Account Web/App
➡️ Standard Account MT4
➡️ Premium Account Web/App
➡️ Premium Account MT4
➡️ VIP Account Web/App
➡️ VIP Account MT4
easyMarkets Live Trading Accounts
Standard Account Web/App
Numerous Ugandan traders will find that the Standard Account meets their trading ambitions and requirements. Ugandan traders can anticipate the following distinctive trading circumstances and characteristics:
| Account Feature | Value |
| 💻 Platform Offered | easyMarkets Web/Mobile App |
| 💰 Minimum Transaction Size (USD) | 70 USD |
| 💸 Maximum Transaction Size (lots) | 50 lots |
| 📊 Average Fixed Spreads (from) | • EUR/USD – 1.8 pips • GBP/USD – 2.4 pips • USD/JPY – 2.4 pips • WTI (OIL) – 0.06 USD • XAU/USD – 0.50 USD |
| 💵 Minimum Deposit | 88,700 UGX or an equivalent to $25 |
| 📈 Maximum Leverage | 1:200 |
| 💸 Commission Fees | None |
| 💵 Account Fees | None |
| 💳 Deposit and Withdrawal Fees | None |
| 📞 Customer Telephonic Support | Yes |
| 👥 Personal Account Manager | Yes |
| 📱 24/5 Customer Support Through Live Chat | Yes |
| 0️⃣ Guaranteed Zero Slippage | Yes |
| 🛑 Guaranteed Stop-Loss | Yes |
| ✅ Negative Balance Protection | Yes |
| 📧 Daily Email on Fundamental Analysis | Yes |
| 📧 Daily Email on Technical Analysis | Yes |
| 🚨 Trading Central Indicator | No |
| 💸 Account Base Currency Options | EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, USD, SGD, CHF, GBP, MXN, NOK, SEK, ZAR, BTC |
Standard Account MT4
A Standard Account on MetaTrader 4 provides Ugandan traders with the following features and trading conditions, which they may use after their account has been validated.
| Account Feature | Value |
| 💻 Platform Offered | MetaTrader 4 |
| 💰 Minimum Transaction Size (USD) | 0.01 |
| 💸 Maximum Transaction Size (lots) | 50 lots |
| 📊 Average Fixed Spreads (from) | • EUR/USD – 1.7 pips • GBP/USD – 2.3 pips • USD/JPY – 2 pips • WTI (OIL) – 0.05 USD • XAU/USD – 0.45 USD |
| 💵 Minimum Deposit | 88,700 UGX or an equivalent to $25 |
| 📈 Maximum Leverage | 1:400 |
| 💸 Commission Fees | None |
| 💵 Account Fees | None |
| 💳 Deposit and Withdrawal Fees | None |
| 📞 Customer Telephonic Support | Yes |
| 👥 Personal Account Manager | Yes |
| 📱 24/5 Customer Support Through Live Chat | Yes |
| 0️⃣ Guaranteed Zero Slippage | No |
| 🛑 Guaranteed Stop-Loss | Yes |
| ✅ Negative Balance Protection | Yes |
| 📧 Daily Email on Fundamental Analysis | Yes |
| 📧 Daily Email on Technical Analysis | Yes |
| 🚨 Trading Central Indicator | No |
| 💸 Account Base Currency Options | EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, USD, SGD, CHF, GBP, MXN, NOK, SEK, ZAR, BTC |
Premium Account Web/App
More experienced traders who desire tighter spreads and more features will find the Premium Account to be the most suitable option.
| Account Feature | Value |
| 💻 Platform Offered | easyMarkets Web/Mobile App |
| 💰 Minimum Transaction Size (USD) | 70 USD |
| 💸 Maximum Transaction Size (lots) | 50 lots |
| 📊 Average Fixed Spreads (from) | • EUR/USD – 1.5 pips • GBP/USD – 1.9 pips • USD/JPY – 2.2 pips • WTI (OIL) – 0.05 USD • XAU/USD – 0.45 USD |
| 💵 Minimum Deposit | 7,100,000 UGX or an equivalent to $2,000 |
| 📈 Maximum Leverage | 1:200 |
| 💸 Commission Fees | None |
| 💵 Account Fees | None |
| 💳 Deposit and Withdrawal Fees | None |
| 📞 Customer Telephonic Support | Yes |
| 👥 Personal Account Manager | Yes |
| 📱 24/5 Customer Support Through Live Chat | Yes |
| 0️⃣ Guaranteed Zero Slippage | Yes |
| 🛑 Guaranteed Stop-Loss | Yes |
| ✅ Negative Balance Protection | Yes |
| 📧 Daily Email on Fundamental Analysis | Yes |
| 📧 Daily Email on Technical Analysis | Yes |
| 🚨 Trading Central Indicator | No |
| 💸 Account Base Currency Options | EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, USD, SGD, CHF, GBP, MXN, NOK, SEK, ZAR, BTC |
Premium Account MT4
The Premium MT4 Account is accessible via the MetaTrader 4 trading platform, which, in addition to the benefits listed above, offers additional leverage as well.
| Account Feature | Value |
| 💻 Platform Offered | MetaTrader 4 |
| 💰 Minimum Transaction Size (USD) | 0.01 |
| 💸 Maximum Transaction Size (lots) | 50 lots |
| 📊 Average Fixed Spreads (from) | • EUR/USD – 1.2 pips • GBP/USD – 1.8 pips • USD/JPY – 1.8 pips • WTI (OIL) – 0.04 USD • XAU/USD – 0.40 USD |
| 💵 Minimum Deposit | 7,100,000 UGX or an equivalent to $2,000 |
| 📈 Maximum Leverage | 1:400 |
| 💸 Commission Fees | None |
| 💵 Account Fees | None |
| 💳 Deposit and Withdrawal Fees | None |
| 📞 Customer Telephonic Support | Yes |
| 👥 Personal Account Manager | Yes |
| 📱 24/5 Customer Support Through Live Chat | Yes |
| 0️⃣ Guaranteed Zero Slippage | No |
| 🛑 Guaranteed Stop-Loss | No |
| ✅ Negative Balance Protection | Yes |
| 📧 Daily Email on Fundamental Analysis | Yes |
| 📧 Daily Email on Technical Analysis | Yes |
| 🚨 Trading Central Indicator | Yes |
| 💸 Account Base Currency Options | EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, USD, SGD, CHF, GBP, MXN, NOK, SEK, ZAR, BTC |
VIP Account Web/App
The VIP Account is designed for experienced traders who are looking for the most beneficial trading conditions as well as a variety of additional benefits.
| Account Feature | Value |
| 💻 Platform Offered | easyMarkets Web/Mobile App |
| 💰 Minimum Transaction Size (USD) | 70 USD |
| 💸 Maximum Transaction Size (lots) | 50 lots |
| 📊 Average Fixed Spreads (from) | • EUR/USD – 0.8 pips • GBP/USD – 1.4 pips • USD/JPY – 1.5 pips • WTI (OIL) – 0.04 USD • XAU/USD – 0.40 USD |
| 💵 Minimum Deposit | 35,000,000 UGX or an equivalent to $10,000 |
| 📈 Maximum Leverage | 1:200 |
| 💸 Commission Fees | None |
| 💵 Account Fees | None |
| 💳 Deposit and Withdrawal Fees | None |
| 📞 Customer Telephonic Support | Yes |
| 👥 Personal Account Manager | Yes |
| 📱 24/5 Customer Support Through Live Chat | Yes |
| 0️⃣ Guaranteed Zero Slippage | Yes |
| 🛑 Guaranteed Stop-Loss | Yes |
| ✅ Negative Balance Protection | Yes |
| 📧 Daily Email on Fundamental Analysis | Yes |
| 📧 Daily Email on Technical Analysis | Yes |
| 🚨 Trading Central Indicator | No |
| 💸 Account Base Currency Options | EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, USD, SGD, CHF, GBP, MXN, NOK, SEK, ZAR, BTC |
VIP Account MT4
Ugandan traders interested in using MetaTrader 4’s functionality in addition to the incentives offered by easyMarkets might consider acquiring a VIP Account. This is particularly true for professional traders who are skilled at risk management and require some of the most advanced trading features and conditions available.
| Account Feature | Value |
| 💻 Platform Offered | MetaTrader 4 |
| 💰 Minimum Transaction Size (USD) | 0.01 |
| 💸 Maximum Transaction Size (lots) | 50 lots |
| 📊 Average Fixed Spreads (from) | • EUR/USD – 0.7 pips • GBP/USD – 1.3 pips • USD/JPY – 1 pip • WTI (OIL) – 0.03 USD • XAU/USD – 0.35 USD |
| 💵 Minimum Deposit | 35,000,000 UGX or an equivalent to $10,000 |
| 📈 Maximum Leverage | 1:400 |
| 💸 Commission Fees | None |
| 💵 Account Fees | None |
| 💳 Deposit and Withdrawal Fees | None |
| 📞 Customer Telephonic Support | Yes |
| 👥 Personal Account Manager | Yes |
| 📱 24/5 Customer Support Through Live Chat | Yes |
| 0️⃣ Guaranteed Zero Slippage | Yes |
| 🛑 Guaranteed Stop-Loss | Yes |
| ✅ Negative Balance Protection | Yes |
| 📧 Daily Email on Fundamental Analysis | Yes |
| 📧 Daily Email on Technical Analysis | Yes |
| 🚨 Trading Central Indicator | No |
| 💸 Account Base Currency Options | EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, USD, SGD, CHF, GBP, MXN, NOK, SEK, ZAR, BTC |
easyMarkets Demo Account
A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
There is a certain degree of risk involved when trading financial markets and easyMarkets offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.
easyMarkets provides a risk-free demo account to any traders interested in getting a feel for the platform and learning the ropes of real-time trading. A demo account provides 10,000 USD in fictitious funds with which to trade and invest on live marketplaces.
easyMarkets Islamic Account
Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
easyMarkets enables Muslim traders to transfer from a live trading account to a swap-free account, therefore enabling them to participate in Islamic and Halal trading activities. Below are some of the advantages that Muslim traders can look forward to from the Islamic Account:
➡️ Dedicated customer support
➡️ Trading of more than 200 CFDs through either proprietary trading platforms or MT4
➡️ A choice between two powerful trading platforms
➡️ Fixed and competitive spreads
➡️ A Personal Account Manager
How to open an Account with easyMarkets
To register an account with easyMarkets, Uganda traders can follow these steps:
👉 Step 1 – Go to the Official easyMarkets Website
➡️ Go to the official easyMarkets website (https://www.easymarkets.com/) and click on “Sign Up”.
👉 Step 2 – Fill Out Your Details
➡️ Fill out your first and last name, and email address and create a password for your account.
👉 Step 3 – Your Account Is Ready To Trade
➡️ You can now trade with your brand new account!
easyMarkets Vs SuperForex Vs XM – Broker Comparison
| easyMarkets | SuperForex | XM | |
| ⚖️ Regulation | BVI FSC, CySEC, ASIC, FSA | None | FSCA, IFSC, ASIC, CySEC, DFSA |
| 📱 Trading Platform | • easyMarkets • Platform • MetaTrader 4 • TradingView | • MetaTrader 4 • SuperForex App | • MetaTrader 4 • MetaTrader 5 • XM Mobile App |
| 💰 Withdrawal Fee | None | Yes | None |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 88,700 UGX | 3,753 UGX | 19,266 UGX |
| 📈 Leverage | Up to 1:400 | 1:2000 | 1:888 |
| 📊 Spread | Fixed, 0.03 USD | From 0.0 pips | 0.0 pips |
| 💰 Commissions | None | From 0.013% | $1 to $9 |
| ✴️ Margin Call/Stop-Out | 70%/30% | 30%/40% | • 50%/20%, • 100%/50% (EU) |
| ✴️ Order Execution | Market | Market, Instant | Market, Instant |
| 💳 No-Deposit Bonus | No | Yes | No |
| 📊 Cent Accounts | No | Yes | No |
| 📈 Account Types | • Standard Account (Web/App and MT4) • Premium Account (Web/App and MT4) • VIP Account (Web/App and MT4) | • Standard Account • Swap-Free Account • No Spread Account • Micro Cent Account • Profi STP Account • Crypto Account • ECN Standard Account • ECN Standard Mini Account • ECN Swap-Free Account • ECN Swap-Free Mini Account • ECN Crypto Account | • Micro Account • Standard Account • XM Ultra-Low Account • Shares Account |
| ⚖️ CMA Regulation | No | No | No |
| 💳 UGX Deposits | Yes | Yes | Yes |
| 📊 Uganda Shilling Account | No | Yes | No |
| 👥 Customer Service Hours | 24/5 | 24/5 | 24/7 |
| 📊 Retail Investor Accounts | 3 | 11 | 4 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📊 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 50 lots | None | 100 lots |
| 💳 Minimum Withdrawal Time | Instant | Instant | 24 HOURS |
| ⏰ Maximum Estimated Withdrawal Time | Up to 5 Days | Up to 4 Days | Up to 5 Days |
| ✔️ Instant Deposits and Instant Withdrawals? | Yes | Yes | No |
Overall Rating
- 4.9/5
Min Deposit
USD 200 / 88,700 UGX
Regulators
CFD
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
easyMarkets Trading Platforms
👉 easyMarkets offers Uganda traders a choice between these trading platforms:
➡️ easyMarkets Platform
➡️ MetaTrader 4
➡️ MetaTrader 5
➡️ TradingView
Desktop Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
👉 Investors from all around the globe have come to depend on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms as reliable sources of information. The popularity of MT4 among traders may be attributed to its user-friendly interface and short learning curve, and the same can be said about MetaTrader 5 as the updated version of MT4.
👉 Additionally, easyMarkets provides traders with great trading conditions, set spreads, negative balance protection, free guaranteed stop loss and take profit orders, as well as a news and analysis centre via the MetaTrader 4/5 trading platforms.
WebTrader Platforms
➡️ easyMarkets Platform
➡️ MetaTrader 4
➡️ MetaTrader 5
➡️ TradingView
easyMarkets Platform
👉 The easyMarkets online platform does not need Uganda traders to install any additional software on their computers. To get started, all traders need is a web-enabled device and an internet connection. The platform is user-friendly and offers a wide range of analytical and customisation options.
👉 easyMarkets’ unique web-based platform provides a wide range of capabilities, including DealCancellation and Freeze Rate.
👉 There are more than 200 financial instruments from several asset classes that can be exchanged on the site. Additionally, easyMarkets promises zero slippage, maintains constant spreads, and does not charge any fees for deposits or withdrawals.
MetaTrader 4 and 5
👉 MT4 and 5’s built-in technical indicators enable traders to examine charts spanning many periods. If traders lack access to an existing database of trading strategy templates, they may construct their own and preserve them for future use.
👉 Another feature of MetaTrader is the ability to create expert advisors using the proprietary MetaEditor. Additionally, the MQL5 community is an excellent forum for traders to exchange ideas and trading strategies.
TradingView
👉 When Uganda traders open an account with easyMarkets and begin using TradingView, they gain access to a global trading community where they can exchange ideas and techniques with other traders. TradingView offers a range of useful tools and indicators, as well as advanced charting and customisable charts.
👉 Uganda traders who combine the TradingView platform with an easyMarkets account gain immediate access to real-time market data, analysis, and charts, among other benefits.
Trading App
➡️ easyMarkets Platform
➡️ MetaTrader 4
➡️ MetaTrader 5
easyMarkets Platform
👉 The easyMarkets app was created particularly for traders who want a high degree of flexibility to make trading and information more accessible to everyone.
👉 In addition to real-time market data and pricing, traders may make use of many other services available on the platform, like DealCancellation and Freeze Rate, via the use of the app.
👉 Accessed using mobile devices running the iOS or Android operating systems, easyMarkets’ online platform allows Uganda traders to trade in markets all around the globe while utilizing some of the most advanced technology available.
MetaTrader 4 and 5
👉 Apart from the desktop and web versions, MetaTrader 4 and 5 are also accessible on mobile devices such as iOS and Android smartphones in Namibia. Traders who use the MetaTrader mobile apps have access to a wide range of tools and indicators.
easyMarkets Range of Markets
👉 Uganda traders can expect the following range of markets from easyMarkets:
➡️ Forex
➡️ Shares
➡️ Cryptocurrencies
➡️ Precious Metals
➡️ Commodities
➡️ Indices
➡️ Options
Broker Comparison for Range of Markets
| easyMarkets | SuperForex | XM | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | No | Yes | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | Yes | Yes |
| ➡️️ Options | No | No | No |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | No | No | No |
easyMarkets Trading and Non-Trading Fees
Spreads
👉 Customers of easyMarkets should expect a broad variety of spreads, depending on the kind of account and platform they pick for themselves. The following are typical spread fees that are charged:
| Account | easyMarkets Web/App | MetaTrader 4 |
| Standard Account | • EUR/USD – 1.8 pips • GBP/USD – 2.4 pips • USD/JPY – 2.4 pips • WTI (OIL) – 0.06 USD • XAU/USD – 0.50 USD | • EUR/USD – 1.7 pips • GBP/USD – 2.3 pips • USD/JPY – 2 pips • WTI (OIL) – 0.05 USD • XAU/USD – 0.45 USD |
| Premium Account | • EUR/USD – 1.5 pips • GBP/USD – 1.9 pips • USD/JPY – 2.2 pips • WTI (OIL) – 0.05 USD • XAU/USD – 0.45 USD | • EUR/USD – 1.2 pips • GBP/USD – 1.8 pips • USD/JPY – 1.8 pips • WTI (OIL) – 0.04 USD • XAU/USD – 0.40 USD |
| VIP Account | • EUR/USD – 0.8 pips • GBP/USD – 1.4 pips • USD/JPY – 1.5 pips • WTI (OIL) – 0.04 USD • XAU/USD – 0.40 USD | • EUR/USD – 0.7 pips • GBP/USD – 1.3 pips • USD/JPY – 1 pip • WTI (OIL) – 0.03 USD • XAU/USD – 0.35 USD |
Commissions
👉 easyMarkets is a forex and CFD broker that charges a set spread and no commission charges, with the broker’s fee already calculated into the spreads.
Overnight Fees, Rollovers, or Swaps
👉 EasyMarkets’ proprietary trading platforms levy overnight fees starting at 10 p.m. GMT seven days a week. An overnight fee is levied to traders who keep open positions on MetaTrader 4 for more than 24 hours.
👉 On MetaTrader 4, an overnight fee is imposed five days a week, and a triple fee is applied on Wednesdays. Every Friday, open crypto positions will be charged quadruple fees.
👉 After a deal is concluded, overnight expenses are deducted/credited from the trading account. easyMarkets does not provide an exhaustive list of overnight fees. Traders may obtain these fees by opening a demo account or contacting easyMarkets.
Deposit and Withdrawal Fees
👉 easyMarkets does not charge any deposit or withdrawal fees on any of its supported payment methods. However, Uganda traders may face some processing fees charged according to the payment provider that they use for funding and/or withdrawal activities.
Inactivity Fees
👉 If the free balance on the trading account of a Uganda trader surpasses $25, easyMarkets charges a $25 inactivity fee. This fee is charged to accounts that have been dormant for a long time.
👉 If this happens and the account balance goes below $25, the remainder of the funds will be removed, and the account will be closed automatically.
Currency Conversion Fees
👉 When Ugandan traders deposit or withdraw in UGX, they could face currency conversion fees because UGX is not an accepted base account currency.
Deposits and Withdrawals
👉 easyMarkets offers the following deposit and withdrawal methods:
➡️ Debit Card
➡️ Credit Card
➡️ AstroPay
➡️ Sofort
➡️ Giropay
➡️ iDEAL
➡️ Local Bank Transfer
➡️ Bpay
➡️ Neteller
➡️ Skrill
➡️ Fasapay
➡️ Sticpay
➡️ Egyptian Local Deposits
➡️ WebMoney
➡️ BitWallet
➡️ Perfect Money
➡️ Bank Wire Transfer
➡️ UnionPay
➡️ WeChat Pay
How to Deposit Funds with easyMarkets
👉 To deposit funds to an account with easyMarkets, Uganda traders can follow these steps:
Once a Ugandan trader has opened a live account and shown that they are who they say they are, they can deposit money into their live account.
Users can go to their “My easyMarkets” dashboard and choose a deposit method.
Then, they can choose the amount of money they want to pay.
Finally, Ugandan traders can follow the payment provider’s instructions after they have checked the deposit details and made sure that it is correct.
easyMarkets Fund Withdrawal Process
👉 To withdraw funds from an account with easyMarkets, Uganda traders can follow these steps:
➡️ Log into the “My easyMarkets” dashboard.
➡️ Navigate to “Funds Management.”
➡️ Choose the same method that was used with account funding, using debit or credit card first before selecting another method.
easyMarkets Education and Research
Education
EasyMarkets offers the following Educational Materials:
➡️ Trading Courses
➡️ Free eBooks
➡️ Knowledge Base
➡️ Trading Indicators
➡️ FAQ
easyMarkets offers Uganda traders the following Research and Trading Tools:
➡️ Economic Indicators
➡️ Market News
➡️ Trading Charts
➡️ Live Currency Rates
➡️ Financial Calendar
➡️ Trading Hours
easyMarkets Bonuses and Promotions
easyMarkets offers Uganda traders the following bonuses and promotions:
➡️ Sign-up Bonus
➡️ Referral Bonus
➡️ First Deposit Bonus
Overall Rating
- 4.9/5
Min Deposit
USD 200 / 88,700 UGX
Regulators
CFD
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
How to open an Affiliate Account with easyMarkets
To register an Affiliate Account, Ugandans can follow these steps:
➡️ Navigate to the easyMarkets official website.
➡️ Hover over “About” on the main menu on the homepage and select “Partners” from the bottom of the drop-down list.
➡️ Select the “Become a Partner” banner and complete the “Sign up now!” registration form.
➡️ Before applying, select whether you want to become an Affiliate or an Introducing Broker.
➡️ Read and accept the Affiliation Agreement and click on “Join” to apply.
easyMarkets Affiliate Program Features
A unique partner experience is provided by easyMarkets because of the high lead-to-active customer conversion rate, numerous levels of involvement, and compensation options that the company provides.
When Ugandans sign up as affiliates, they will have access to an affiliate success manager as well as a well-known, well-established broker with a wide range of services at their disposal. The financial markets, as well as subsequent trade, are covered by the material of affiliates.
Anybody could earn money as an easyMarkets affiliate if they can figure out how to attract new customers. As an easyMarkets partner, Ugandans have access to several payment options that may be customized to meet the specific needs of their regular customers.
Spread Sharing also pays the affiliate a percentage of the spread costs when referrals do trades using Spread Sharing’s platform. Affiliates get a commission when their referred customers join up and begin trading. In addition, affiliates may earn commissions from a diverse range of customers using easyMarkets’ hybrid scheme.
easyMarkets Customer Support
easyMarkets offers responsive and helpful 24/5 customer support that can be contacted through several communication channels.
easyMarkets Corporate Social Responsibility
There is currently no information available on the Corporate Social Responsibility (CSR) initiatives or projects that easyMarkets is involved in.
Verdict on easyMarkets
As far as trading platforms go, easyMarkets is one of the most user-friendly and feature-rich out there. You may trade forex and CFDs on a wide variety of marketplaces, which is rare these days. In comparison to other brokers with a similar track record and reach, their bitcoin options are quite restricted.
Despite this, traders have a lot of options when it comes to tools and account benefits. Their premium and VIP accounts are so attractive since their spreads are not the most enticing on the market. Overall, traders of all skill levels will find something useful on easyMarkets.
easyMarkets Current Popularity Trends
👉 According to Google Trends, easyMarkets has seen an increase in Google Searches in the past month.
Overall Rating
- 4.9/5
Min Deposit
USD 200 / 88,700 UGX
Regulators
CFD
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
easyMarkets Pros and Cons
| ✔️ Pros | ❌ Cons |
| easyMarkets is well-regulated by several entities | There is an inactivity fee that is applied to all dormant retail accounts |
| There is a choice between different account types | The spreads are marked-up and there are no variable spreads offered |
| There are no commission charges on trades and Ugandan traders can expect fixed spreads | There is no UGX-denominated account offered to Ugandan traders |
| There are no fees charged on deposits or withdrawals | |
| easyMarkets offers proprietary trading platforms along with MetaTrader 4 | |
| There is guaranteed stop-loss offered along with Trading Central and several other trading tools and research | |
| There is a selection of educational materials offered | |
| There is a selection of funding options offered to Ugandan traders |
Frequently Asked Questions
Is easyMarkets regulated?
Yes, easyMarkets is regulated in Australia by ASIC, Cyprus by CySEC, the British Virgin Islands by BVI FSC, and Seychelles by the FSA.
What is the withdrawal time for easyMarkets?
The withdrawal time ranges from immediate fund transfers to the trader’s bank account up to 5 working days when traders use bank wire.
What can I trade with easyMarkets?
When you register an account with easyMarkets, you can trade several asset classes, including:
- Forex
- Shares
- Cryptocurrencies
- Precious Metals
- Commodities
- Indices
Does easyMarkets have Nasdaq?
Yes, easyMarkets offers Nasdaq along with several other indices that can be traded either through MetaTrader 4 or through the easyMarkets proprietary trading platform.
How can I contact easyMarkets?
You can contact easyMarkets by using the contact details offered on the website. Alternatively, you can chat with easyMarkets via live web chat, Facebook, or WhatsApp.
Does easyMarkets have a no-deposit bonus?
No, easyMarkets does not currently offer a no-deposit bonus.
Does easyMarkets have Volatility 75?
No, easyMarkets does not have the Volatility 75 index but offers other indices that can be traded across all its retail investor accounts.
Is easyMarkets trusted?
Yes, apart from being well-regulated and overseen easyMarkets has a very high trust score and is considered a low-risk broker.
Conclusion
Now it is your turn to participate:
➡️ Do you have any prior experience with easyMarkets?
➡️ What was the determining factor in your decision to engage with easyMarkets?
➡️ Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
➡️ Have you experienced any issues with easyMarkets such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
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