easyMarkets Review Australia 2026

easyMarkets quick facts

Trading costs and fees

Fixed spreads: what they actually mean

Fixed spreads are the headline feature, and the clearest gap between easyMarkets and the rest of the AU shortlist. Outside of Trade Nation, every other ASIC-regulated broker we cover prices forex on a variable spread model. That means the EUR/USD spread might be 0.1 pips during London peak liquidity and 1.8 pips at the Sunday open. easyMarkets quotes one number and holds it. One caveat: fixed pricing applies on the easyMarkets Web/App platform, TradingView and MT4; the AU PDS (09 March 2025) states variable spreads apply on the MT5 platform only. Provenance note: the ASIC entity (easyMarkets Pty Ltd) publishes no per-pair spread schedule of its own, so the figures below are from easyMarkets’ published international pricing table, which its own AU pages link to (captured 17 July 2026).

The short version: easyMarkets undercuts the typical variable-spread Standard account on every major in our table, but a serious active trader on a RAW commission account at Pepperstone or IC Markets still pays noticeably less than easyMarkets charges on EUR/USD. That’s the trade-off baked into the fixed-spread model. You pay for predictability. Both AU fixed spread brokers are compared in that guide. For the variable-account view, easyMarkets sits equal 11th of 21 standard accounts in our lowest-spread brokers in Australia test.

dealCancellation: the feature no other AU broker offers

dealCancellation is an easyMarkets-only product. You pay a small premium up front (the cost varies by instrument, position size and time-of-day liquidity), and if your trade goes against you, you can cancel it within 60 minutes and get your stake back. The losing position is closed at your entry price as if it had never happened. Profitable trades aren’t cancellable, which is why the premium stays as low as it does.

For newer traders, dealCancellation is a training wheel, not a substitute for proper risk management. If you’ve sized a position incorrectly, missed a news release or just got the direction wrong on entry, you’ve got an hour to walk it back without taking the loss. We rate this the single most useful retail-focused product feature on any AU broker, and it’s a large part of why easyMarkets holds a spot on our best forex brokers for beginners list.

Other fees AU traders should check

• Overnight swap (rollover) applies on positions held past 5 PM New York. Direction-dependent.
• Inactivity fee USD 25 per quarter after three months of no activity. That’s steep. Plus500 charges USD 10 monthly after the same period; CMC waits 12 months at AUD 15. Don’t open the account and then forget about it.
• Currency conversion applies if you trade an instrument denominated in a currency other than your account base. Hold an AUD-base account if you trade AUD pairs.
• Withdrawal fees are $0 on most methods, including bank transfer and card refunds.
• Guaranteed stop-loss orders are available on the easyMarkets Web/App platform only, not on TradingView, MT4 or MT5. Most AU brokers either don’t offer GSLOs or charge a premium when triggered.

Trading platforms

easyMarkets runs four trading platforms: the proprietary Web/App platform (the mobile app is the same build), MT4, MT5 and TradingView. Most retail clients land on the WebTrader or the mobile app; the MetaTrader and TradingView options exist for traders who already know what they want.

easyMarkets WebTrader (proprietary)

The flagship platform and the one easyMarkets has invested in most heavily. WebTrader runs in any browser with no install. Built-in features include:

• One-click trading with fixed spread display
• GSLOs on every position (Web/App is the only easyMarkets platform with GSLOs)
• dealCancellation toggle on the order ticket
• Vanilla forex options trading (you won’t find this on MT4)
• Trading Central technical research embedded
• Sentiment indicators and an economic calendar

It’s a beginner-friendly platform. The interface trades MetaTrader’s depth for clarity. If you’re brand new to forex and don’t want to spend a weekend learning MT5, WebTrader is the easier on-ramp.

MetaTrader 4

The classic forex retail platform and still the right choice if you run legacy expert advisors. The AU PDS (09 March 2025) states fixed spreads are offered on the proprietary platforms and MT4, so MT4 keeps the fixed pricing model. easyMarkets’ MT4 build supports the standard product range, though some features (notably dealCancellation, GSLOs and vanilla options) are WebTrader-only.

MetaTrader 5

Modern multi-asset MetaTrader. Useful if you want to run EAs across forex plus indices and commodities under one platform. MT5 is the one easyMarkets platform running floating rather than fixed spreads (per the AU PDS), and dealCancellation is not available in MT5.

TradingView (native)

easyMarkets is one of a small group of AU brokers offering native TradingView trading. You connect a TradingView account and execute through easyMarkets directly inside the TradingView interface. Sensible if your charting and idea generation already happens on TradingView. Pepperstone, OANDA, Eightcap and Vantage also offer this integration.

easyMarkets app

The mobile app is genuinely good. It has WebTrader’s full feature set, including dealCancellation, GSLOs, vanilla options and Trading Central research. Biometric login on both iOS and Android. We rated it 8/10 in our 2026 mobile app testing, behind Plus500 and CMC, ahead of most MetaTrader-only mobile builds.

Trust and safety

Trust score: 6/10.

ASIC regulation and global licences

easyMarkets Pty Ltd holds AFSL 246566 with the Australian Securities and Investments Commission. The AU AFSL has been continuously held since 2004, under the broker’s former Easy Forex name until 2015. There have been no material ASIC enforcement actions or licence conditions imposed in the last 36 months.

Globally, the easyMarkets group operates under:

• CySEC, Cyprus (Tier 1)
• BVI Financial Services Commission (offshore, used for non-EU/AU clients)
• FSA Seychelles (offshore)

The offshore entities exist for international clients and don’t apply to AU retail traders. If you’re in Australia and you open through the AU site, you’re contracting with easyMarkets Pty Ltd under ASIC, not the offshore arms.

Client money and negative balance protection

easyMarkets holds retail client money in segregated accounts at an Approved Australian Bank, separate from the company’s own funds. ASIC requires negative balance protection on retail CFD accounts, so a retail account cannot lose more than the money in it. If a dispute with the broker goes wrong, AFCA can hear claims up to $1,263,000 and award compensation up to $631,500. The Compensation Scheme of Last Resort sits behind that with a $150,000 cap, but it excludes CFD trading losses, so it protects you against unpaid awards for misconduct, not against losing trades.

One carve-out matters before you look at the Professional Account. Professional clients here trade with ASIC’s retail protections waived, and negative balance protection is one of those protections, so it goes when the classification does. That is the trade for the higher leverage, and it is why we point most readers at the retail account instead. For how easyMarkets sits against the field on protection, see our list of the safest brokers and our explainer on CFD negative balance protection.

History and ownership

Founded in 2001 in Cyprus as easyForex, the company predates most of the AU broker shortlist. The 2016 rebrand to easyMarkets came as the product range grew beyond pure forex into indices, commodities, share CFDs, crypto CFDs and vanilla forex options. Privately held. The brand sponsors Real Madrid, so some AU traders know the name from football coverage rather than the financial press.

Australian context that matters:

• AFSL since 2004, continuous operation
• Member of AFCA for retail dispute resolution
• Segregated client funds at an Approved Australian Bank
• Sydney office staffed for AU client support

Public reviews

easyMarkets has a Trustpilot score in the 4.0 to 4.4/5 band from over 2,000 reviews globally. AU-specific feedback is consistent. Common positives: dealCancellation actually working as advertised, easy onboarding, low minimum deposit. Common negatives: spreads wider than RAW competitors, inactivity fee surprising clients who didn’t read the PDS.

What other review sites say

easyMarkets' iOS app rates 4.65 out of 5 from 406 ratings on the Australian App Store (July 2026), listed as easyMarkets Online Trading.

TradingView users rate easyMarkets 4.9 out of 5 from 4.7K reviews (July 2026). TradingView named easyMarkets its Broker of the Year 2024.

App Store AU

4.65

406 ratingsJuly 2026

TradingView

4.9

4.7K reviews20.2K Traders via TradingViewJuly 2026View on TradingView

Account types and minimum deposit

Account options for AU clients

The Pro tier drops the MT4/MT5 spreads further but requires a meaningfully higher minimum deposit. Pro is a MetaTrader spread tier rather than a separate client classification, and its spreads are floating, not fixed. easyMarkets adjusts the threshold periodically, so check the broker’s current PDS before you transfer in.

The Professional Account is restricted to clients who pass the Corporations Act wholesale tests under s 761G(7) and s 708(8) (broadly: more than $2.5 million in net assets, or more than $250k gross income for two consecutive years, certified by an accountant). Professional clients trade with ASIC’s retail protections waived. In return they get forex leverage up to 2000:1 on MT4/MT5 under easyMarkets’ Dynamic leverage model, rebates and bonuses, lower margin requirements, a personal analyst and a dedicated account manager. This is not a retail product.

Minimum deposit

The A$200 minimum deposit is accessible without being the lowest around. To put that in context: CMC, Pepperstone and IG all start at $0 but realistically you’ll need a couple of hundred dollars to size a position. Plus500 starts at AUD 100. Most RAW brokers expect AUD 200+ before you can trade comfortably. easyMarkets at A$200 sits in the same practical range, and the fixed-spread model means a small balance is enough to take a real position without margin gymnastics.

We don’t recommend trading with AUD 200. We do recommend opening with AUD 200, running a few demo trades and small live trades, and scaling up only when you’ve found your rhythm. The unlimited easyMarkets demo, covered in our best demo trading accounts comparison, is the sensible first step.

Funding and withdrawals

Deposit methods (AU clients)

Withdrawals

$0 fee on most withdrawal methods. Withdrawals must use the same method as deposit where possible (anti-money-laundering compliance under AUSTRAC). Card refunds 1 to 3 business days. Bank transfers 1 to 2 business days. Skrill and Neteller typically same-day.

Account opening

Fully online and AUSTRAC-compliant. You’ll provide one form of photo ID (driver’s licence or passport) and one proof of address (utility bill or bank statement). Most AU applications are approved within 24 hours. Our test team rated easyMarkets’ onboarding 12/15, smoother than CMC and IG, slightly more involved than Plus500’s near-instant flow.

Product range

easyMarkets runs 200 plus instruments and the shape is currency led: forex and vanilla forex options first, then the other classes present rather than deep. Set against the multi-asset houses, the CFD trading range here is modest, and it covers seven classes:

Share CFDs are the weak row and the con to weigh if equities are part of why you are opening the account: easyMarkets lists selected ASX, NYSE, NASDAQ and LSE names, and the range is narrower than CMC, IG or IBKR. Our guide to Share CFDs covers the brokers with real depth. ETFs run as CFDs on a limited list rather than holdings you own, so the same caveat applies. The crypto row is short by design, BTC, ETH and a few altcoin CFDs under ASIC’s 2:1 retail cap, and the field is set out in our guide to Cryptocurrencies.

Forex options

Vanilla forex options for retail clients are the rare offer: easyMarkets lets you buy puts and calls on currency pairs, one of very few AU regulated routes to real FX options rather than CFDs. You trade them through the WebTrader and the mobile app on the major currency pairs, and the position risk is capped at the premium you pay. MT4 and MT5 do not carry them. If you’ve come from US options trading and want to apply the same toolkit to forex, this is one of very few ways to do it under ASIC oversight.

Gold and commodities

Gold trades as XAU/USD on the same fixed spread model as forex, alongside silver, the crude contracts, natural gas and the agricultural softs. The fixed quote is the point here: a variable spread widens most around scheduled data, and easyMarkets holds one number through it. For the wider field see our guides to gold CFDs for AU traders and soft and energy commodity CFDs.

Leverage for AU traders

easyMarkets holds the ASIC caps on its single retail account, and the fixed spread model changes nothing about them; margin requirements per instrument follow the standard tiers.

ASIC caps retail CFD leverage at 30:1 on major forex pairs, 20:1 on minor pairs, gold and major indices, 10:1 on commodities other than gold, 5:1 on share CFDs and 2:1 on crypto assets. The caps come from a product intervention order that ASIC has extended to 23 May 2027, so they apply at every ASIC broker, not just easyMarkets. easyMarkets offers higher leverage to wholesale clients who pass the eligibility tests: up to 2000:1 on forex through MT4 and MT5 under its Dynamic leverage model, for clients with more than $2.5 million in net assets or more than $250k gross income for two consecutive years, certified by an accountant.

ASIC requires every CFD issuer to close out a retail client’s positions once account equity falls below 50 percent of the total initial margin on all open positions. The rule is set by the product intervention order and applies to easyMarkets the same way it applies to every ASIC-licensed CFD issuer. Positions cannot be netted off against each other to reduce that figure, and a gapping market can close a position below the 50 percent level.

If you are weighing that trade-off, read how leverage affects CFD positions first, then our comparison of high leverage CFD brokers.

Customer service

Phone support is 24/5 and multilingual: lines open Sunday 5 PM AEST, close Friday 5 PM AEST and stay shut over the weekend. Email runs alongside. Live chat runs limited hours rather than 24/5: Monday to Thursday 08:00 to 21:00 and Friday 08:00 to 24:00 (GMT+2/+3). WeChat support is also available, and every account includes a Personal Account Manager. Average live chat response in our testing: under 90 seconds during AU business hours.

Languages: English, Mandarin, Arabic, Spanish, Italian, Polish, German, French, Russian, Japanese, Korean, Vietnamese.

The closed-weekend support window is the main customer service negative and matches CMC’s approach. Pepperstone and Plus500 both offer 24/7 support for traders who need it. If you trade weekend crypto markets and want live phone help, easyMarkets isn’t the right fit.

Research and education

Education content

• Beginner’s forex course covering majors, leverage, position sizing and risk
• Video library on fundamental and technical analysis
• Glossary of trading terms
• Strategy guides aimed at the WebTrader and mobile app

The education content is solid for beginners, which fits who easyMarkets is built for. Less depth than Pepperstone Insights or CMC’s research stack; more accessible than either.

Market research

• Trading Central technical research feed (free)
• Daily market commentary
• Economic calendar with impact ratings
• Sentiment data on major instruments

Trading Central is the main draw. It’s a respected third-party research provider and easyMarkets bundles it free where some competitors ringfence it for higher tiers.

How easyMarkets compares to alternatives

Should you open an account with easyMarkets?

Open an easyMarkets account if predictable costs and downside tools decide it: fixed spreads that never widen and dealCancellation, which no other AU broker offers, suit cautious traders who value certainty over the last pip. Skip it if you trade actively on cost, because the fixed spreads run wider than RAW accounts and there is no commission tier at all; Fusion Markets and IC Markets price tighter for volume traders. The demo runs fixed spread pricing exactly as live. For the brokers that beat it on cost, see our ranking of the best forex brokers in Australia.

Open an easyMarkets demo → (affiliate link, see our advertiser disclosure)