Introduction
Easy Trading Online was established in Sydney, Australia in 2023 and has quickly expanded its operations to more than 40 countries and territories across Asia, Europe, and Australia. The company currently offers over 3,000 trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies.
In addition to brokerage services, Easy Trading Online is also involved in asset management, investment funds, and financial technology solutions.
Products & Services
- Accounts: Free demo account available, plus two types of live accounts:
+ Standard: Minimum deposit of USD 50, no trading fees.
+ Premium: Minimum deposit of USD 1,000, with more benefits and better trading conditions.
- Deposits/Withdrawals: Supports 18 methods and 15 currencies; no fees, fast processing.
- Tools: VPS, trading signals, economic calendar, educational and analytical resources.
Regulation & License
Easy Trading Online operates under the supervision of ASIC with license number 000346282. However, the company is currently in a “beyond license scope” status, meaning it may provide services beyond what is officially allowed by the regulator. Investors should exercise extra caution.
Pros & Cons
Pros:
- Free demo account
- Low minimum deposit (USD 50)
- Competitive spreads from 0 pip
- No deposit/withdrawal fees
- Rich educational resources and trading tools
Cons:
- Beyond ASIC license scope
- Lack of transparency in trading conditions
- Overnight fees apply
- Limited direct customer support
Promotions & Client Programs
- Cashback Rewards: Traders receive rebates based on account balance, trading volume, and frequency.
- Elite Trading Program: Provides access to capital and profit-sharing opportunities upon passing evaluation.
Conclusion
Easy Trading Online is a young and fast-growing broker offering a wide range of products and competitive trading conditions. However, the issue of operating beyond ASIC’s license scope poses significant risks, and investors should carefully consider this before engaging with the platform.
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