Fixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.
How easyMarkets ranks
easyMarkets invented the dealCancellation feature and it remains genuinely 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.
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. This creates cost certainty that variable spread accounts can't offer around major events - when variable spreads on EUR/USD can jump to 5–10 pips, a fixed 0.7 pip spread has real value for traders who hold through news releases.
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 (079/07) and ASIC (246566). Adequate for most regions; no FCA or FINMA coverage. No US clients.
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 are available but the fixed-spread guarantee doesn't apply on MT4; variable spreads are used there.
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.
Last reviewed: May 3, 2026
Open and verify a new easyMarkets account and receive $25 in trading credit - no deposit required.
easyMarkets matches your first deposit by 50%, giving you more capital to trade from day one.
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dealCancellation allows you to undo a losing trade within a specified time window (1, 3, or 6 hours) for a small upfront fee. The trade is effectively cancelled and your capital is returned, minus the dealCancellation fee.
Yes. easyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia). Its global entity also holds a Seychelles FSA license for clients outside EU/AU jurisdictions.
The minimum deposit is $25 (or equivalent), which is one of the lowest in the industry and makes easyMarkets accessible to traders with limited starting capital.
easyMarkets customer support is available via live chat during trading hours (24 hours a day, Monday to Friday). Phone support is also available. Support is provided in multiple languages.
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