easyMarkets offers three types of trading accounts: Standard, VIP, and Premium. This article will explain the spreads and deposits. Many traders are trading all over the world. There are multiple account types, each with a different purpose, so be sure to choose the one that suits you. The account type is also important in your trading strategy.
About easyMarkets features and functions
easyMarkets was founded in 2001 and has added many features since then. You can start trading immediately by uploading your certificate (driver’s license, passport), completing the document submission, and activating it. You can also create additional accounts. It also has a financial license and is regulated, so it is reliable. Compared to overseas Forex brokers such as gemforex, ironfx, bigboss, exness, axiory, xm, fbs, etc., we have more detailed information on the overall services we offer, such as trading conditions and target currency pairs.
maximum leverage
The maximum leverage is up to 400x, allowing for fairly high-risk trades with stocks such as virtual currencies. Furthermore, as introduced on the official website, there is also a VIP service where traders can receive generous customer support. Support can be contacted via chat or email from your login account. There are many types of unique freeze functions such as dealcancellation and easytrade that you can select and start.
Abundant account types
There are various types such as standard accounts and premium accounts, and pips and spreads range from narrow to wide, fixed to floating. In addition, MT4 and MT5 are available as platforms, and indicators and chart analysis are also possible. There are also demo accounts and corporate accounts. You can also trade currency pairs, gold and silver. No slippage or contract rejection will occur.
Loss cut and zero cut
If you incur a loss, the basic stop loss limit will apply. If the margin balance becomes negative, a zero cut system will be applied without margin call. The basic purpose is to reduce risk. The advantage is that there are many more financial products than other companies, automatic trading methods are available, and scalping and double trading are also possible. You can enter a lot of lots, and it is a system that allows you to hold many positions in common with stock investments etc. Transaction costs vary greatly depending on the account type, so it depends on how you choose.
Many deposit and withdrawal methods
As I will explain below, there are many deposit and withdrawal methods. We also accept bank transfer, stickpay, credit card, Bitcoin, etc. Bonuses and campaigns, as well as cash back and points are held, and there are quite a lot of promotions, and there is a cushion function, so you can trade with just the bonus as margin. There are some prohibitions, so investors should be careful about trading and fraudulent use of bonuses.
account type
easyMarkets offers the following four account types. Regardless of which account type you choose, there is no difference in the investment products available. The maximum leverage is quite high, ranging from 400x to 2000x. If you meet the minimum deposit amount, you can enjoy forex services at the exchange. Deposit and enjoy easyforex services.
| Standard | Premium | VIP | MT5 | |
| Trade Style | DD | DD | DD | DD |
| Max Leverage | 400 | 400 | 400 | 2,000 |
| Trade Instruments | Foreign exchange precious metal energy Products/Stocks stock index virtual currency | Foreign exchange precious metal energy Products/Stocks stock index virtual currency | Foreign exchange precious metal energy Products/Stocks stock index virtual currency | Foreign exchange precious metal energy Products/Stocks stock index virtual currency |
| Commission | Free | Free | Free | Free |
| Spread | 2.0pips～ | 1.8pips～ | 1.0pips～ | 0.6pips～ |
| Lots | 100,000 currency | 100,000 currency | 100,000 currency | 100,000 currency |
| Min Lot | 0.01 | 0.01 | 0.01 | 0.01 |
| Scalping | 〇 | 〇 | 〇 | 〇 |
| Auto Trading | 〇 | 〇 | 〇 | 〇 |
| Hedge | 〇 | 〇 | 〇 | 〇 |
| Margin Call | 70％ | 70％ | 70％ | 70％ |
| Loss Cut | 30％ | 30％ | 30％ | 30％ |
| Zero Cut | 〇 | 〇 | 〇 | 〇 |
| Trade Tool | Original MT4 | Original MT4 | Original MT4 | MT5 |
| Base Currency | JPY USD EUR | JPY USD EUR | JPY USD EUR | JPY USD EUR |
| Min Deposit | 25$ | 2,000$ | 10,000$ | 25$ |
| Bonus | 〇 | 〇 | 〇 | 〇 |
standard account
The standard account is the recommended account type for beginners and those new to easyMarkets. The minimum deposit amount is $25 and you can trade with our own tools and MT4. The spread is wide, but it comes with a bonus. Standard account is the account type that allows you to start trading with the smallest amount.
Trade starting from a small amount
Standard accounts allow small amount transactions. Initially, you can trade from $25, allowing you to trade with less risk.
The spread is the widest
The standard account is an account type with a very wide spread in exchange for a rich bonus. Depending on the currency pair, the spread can be more than twice as wide as in a VIP account.
premium account
Premium accounts have almost the same functionality as standard accounts. This is different from the standard account, as the spread tends to be narrower with an initial deposit of $2,000. Premium accounts have narrower spreads than standard accounts, making them suitable for short trades and scalping trades.
Tighter spreads than standard accounts
A premium account is an account type recommended for those who want to try trading in earnest. This is a highly recommended account type as the spreads are very narrow. Recommended for short-term traders and scalping traders.
Deposit amount is large
Premium accounts require a deposit of $2,000 or more. In other words, it is assumed that you will be using a reasonable amount of money, so if you want to try trading, a standard account is a good option.
VIP account
The VIP account has an initial deposit of $10,000 and a very narrow spread. This account type offers the best spread among easyMarkets, so it is recommended for professional traders. However, the initial deposit amount is quite high, so it will be difficult to do so unless you are an advanced trader or have plenty of funds.
Benefits exclusive to VIP accounts
With a VIP account, you will be able to place orders over the phone and receive exclusive support from a professional analyst, so you will be treated very well. This is an account type that allows you to receive advice regarding the market environment.
spread is narrow
VIP accounts have much tighter spreads than standard and premium accounts, making them advantageous for short-term traders and scalping traders.
Deposit amount is large
VIP accounts require a deposit of $10,000 or more. In other words, it is assumed that you will be using a reasonable amount of money, so if you want to try trading, a standard account is a good option.
MT5 account
MT5 account is for traders who want to use MT5. Also, the spread is subject to change. Since it is a new account type released in 2022, there are not many users trading with this account yet. The maximum leverage for MT5 accounts is set to 2,000x.
Recommended account types
The recommended account type depends on the person. If you meet the minimum deposit amount, you can enjoy the forex services at the exchange. Deposit and enjoy easyforex services.
beginner
The standard account is recommended for beginner traders and easyMarkets beginners. The spread is wide, but you can trade with a small amount, so it is highly recommended. It might be better to call it a trial account.
experienced trader
For traders with some experience, a premium account is recommended. The premium account has a very good balance and a moderately narrow spread, so it is very suitable for intermediate-level and above people who want to seriously increase their funds.
senior trader
A VIP account is best suited for professional traders. Professional traders have a lot of funds and prefer to choose account types with narrow spreads, so this is a great fit for them. Also, you will need funds, so it will be difficult if you are not a trader who can win to some extent. Also, if you want to use MT5 with high leverage, we recommend an MT5 account.
Average spread comparison
So how big will the spread be? We compared the Standard account, which has the widest spread, and the VIP account. As you can see from this, the spread is very wide for standard accounts. It can truly be called a practice account. If you really want to win as much as possible, VIP is the way to go.
| Standard | VIP | |
| USD/JPY | 2.4pips | 1.0pips |
| EUR/JPY | 3.2pips | 1.7pips |
| GBP/JPY | 5.0pips | 2.5pips |
| AUD/JPY | 4.0pips | 1.9pips |
| NZD/JPY | 5.5pips | 2.0pips |
| EUR/USD | 2.0pips | 0.7pips |
You can open an account for free
You can open an account for free with easyMarkets. Anyone can open an account without risk, so please refer to the following article to open an account. If you meet the minimum deposit amount, you can enjoy forex services at the exchange. Deposit and enjoy easyforex services.
Account Type FAQ
We have compiled some frequently asked questions about account types. The information is summarized below. In addition to FX currency pairs, precious metals, energy, stocks, CFDs, stock indexes, and other types can be traded from the page, making this a high-level broker. It is a company that is ranked high in popularity and offers the smallest spreads. If you are trading major stocks such as the same USD, EUR, and Japanese Yen, this is the place to go, so check it out. Keep an eye on the news and other situations to gain knowledge. The specs of the apps and tools used in the market, such as metatrader, are also high, so it is easy to make a profit.
Are transaction fees free?
easyMarkets does not charge any transaction fees for all account types. However, spreads vary considerably. The VIP account offers the narrowest spreads. When you start, you can start with a high price and low fees. Therefore, the hurdle is low. If you know how to use it yourself, you can trade with confidence.
Is there a difference in maximum leverage?
The maximum leverage is 2000x for MT5 accounts. However, all other accounts (3 types) are 400x. Our system is upgraded and updated considerably, so we recommend that you make a decision at that time. Customers should gather information from the web home page. You can trade at low cost while watching the rates. Terminology and FAQs can also be viewed on the official website.
Is it possible to have multiple accounts?
At easyMarkets, you can create up to three additional accounts: one on your own platform, one on an MT4 account, and one on an MT5 account. You can freely choose the plan you want. You can do whatever you want by type.
Do you use a zero cut system?
easyMarkets has adopted a zero cut for all account types. When the account balance becomes negative, easyMarkets compensates and makes it zero. Be careful as the market can be quite volatile when major economic indicators are announced or decided. In any case, be sure to manage and consider your trades carefully. The operating company has good security and is generally a top-class company, so it is safe.
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