ForexNewsNow – Easy-Forex is one of the top forex trading brokers online, and for good reason. Not only do they have a great product offering, they also offer accounts that can cater to every type of trader, from the smallest first time trader to veteran traders putting big money into the market. The accounts come with a range of different benefits and spreads and you can choose the one that is right for you with the help of you personal account service manager, provided free of charge by Easy-Forex.
There are four types of account that you can open at Easy-Forex. The forex broker accounts that you will qualify for depend on the amount that you initially deposit.
The mini account is where most traders start at Easy-Forex. It only requires a $25 minimum deposit and you can trade lots as small as $5,000 while you get a feel for the market and the platform that you will be using for your trading. As added bonuses with the account you get one on one training, live chat support, and access to the entire platform. Access to the whole platform is important, because it will prepare you for trading larger lots, and as you can read in other forex platform reviews, many other brokers restrict the features available to mini account holders.
Spreads with the mini account are slightly higher than more exclusive accounts, ranging between 4-5 pips on major currency pairs.
If you’re ready to start doing some more serious forex trading, the gold account is for you. It has a $500 minimum deposit and you trade in lots of $50,000. In addition to all the benefits you get with a mini account, you also get access to live market alerts via SMS, personal dealers, dealing room chat, free technical analysis signals, and dealing room special offers.
The benefits you get are much better than many other forex trading brokers, but the spreads are slightly higher. You will still be trading at between 4-5 pips between major currency pairs.
For the serious forex trader, the platinum account level offers a lot of offers and much better spreads. You need to deposit a minimum of $5,000 and you will be trading in $250,000 lots. But you also get access to a professional charting package to help you find more profitable trades quicker and access to higher dealing room leverage is you should so happen to need it. Spreads are lower, between 3-4 pips on major currency pairs.
For the full-time forex trader, VIP accounts at Easy-Forex off the best possible service. With a $10,000 minimum deposit you get to trade in $500,000 lots, market update calls by dealers and custom made technical analysis reports just for you. Spreads on major currency pairs are lower as well, at a measly three pips.
Regardless of the type of forex broker accounts you decide to open at Easy-Forex, you get access to several key features that make them a great broker to do business with. These include:
• A trade simulator
• Daily and weekly outlooks
• Live news and videos
• Financial indicators
• Interest Rate Tables
• Fixed spreads
• Inside viewer to see real time trades and trends
Easy-Forex is a great forex broker that offers accounts for every level of trader. Read our forex platform reviews for more information to see if it is right for you or contact their support today for your personal account manager to see which account level is right for you.