easyMarketsForex Broker ReviewUp to 400:1 leverage

The deal you can cancel

easyMarkets invented the dealCancellation feature and it remains unique in retail forex: for a small upfront fee (built into the spread), you can undo a losing trade within a predefined window of 1, 3, or 6 hours. The trade is treated as if it never happened, your capital is returned, minus the dealCancellation fee. For risk-averse traders who struggle with the emotional discipline of cutting losses, this is a legitimate risk management tool rather than a gimmick, provided you understand the cost. It is not free protection: the premium is priced into the wider spreads on the platform.

Fixed spreads, who they serve

easyMarkets' web and mobile platform guarantees fixed spreads with no slippage and no requotes during market hours. EUR/USD is fixed at 0.7 pips, above the ECN average but without slippage risk during news events. This creates cost certainty that variable spread accounts can't match around major events, when variable spreads on EUR/USD can jump to 5-10 pips versus the typical 0.7-1.0 pip average, making a fixed spread more attractive for news traders.

Access and minimum

A USD 25 minimum deposit is among the lower practical minimums in the industry. easyMarkets also offers a free demo and an onboarding process that walks new traders through a simulated trading environment before live deposit.

CySEC and ASIC: multi-region, no FCA or FINMA tier

CySEC (079/07) and ASIC (246566). Adequate for most regions; no FCA or FINMA coverage. No US clients.

Where it falls short

Fixed spreads are wider than variable ECN spreads during normal market conditions, you pay a premium for the guarantee. The proprietary easyMarkets platform is straightforward but dated in design compared to modern alternatives. MT4 and MT5 come as options but the fixed-spread guarantee doesn't apply on MT4; variable spreads run there.

Bottom line

easyMarkets is a niche choice: best for risk-averse beginners who value cost certainty and are drawn to the dealCancellation feature. Not for scalpers, not for high-volume traders, and not for anyone who needs the tightest possible spreads.