easyMarkets Review Australia 2026

Is easyMarkets safe? ASIC AFSL 246566

Yes, easyMarkets Pty Ltd holds ASIC AFSL 246566, status current since 26 March 2004, which is one of the longer unbroken Australian licences in this coverage. That inspires confidence.

easyMarkets’ ASIC licence and entity

AFSL 246566 belongs to easyMarkets Pty Ltd with the Australian Securities and Investments Commission. The licence register lists Easy Forex Pty Ltd as the former name on the same entry.

The ASIC licence covers easyMarkets Pty Ltd, and Noam Korbl’s account, opened through the Australian sign-up flow on 17 August 2026 on the Web and App platform in Australian dollars, sat with that entity. The MetaTrader account used in our September 2026 spread capture sat outside the ASIC-licensed entity. Before you fund, check that the account documents name easyMarkets Pty Ltd, because that is the entity the ASIC licence covers.

That 2004 licence date is worth weighting against the overall ranking. This broker rates last on the 2026 scoring for cost and platform reasons, and the trust category is not where it loses; I’d rather have a safe broker with high costs than the reverse.

Before depositing, confirm easyMarkets holds AFSL 246566 using the site's guide to checking a broker on ASIC's register.

Is easyMarkets legal in Australia?

Yes, easyMarkets is legal in Australia, dealing with local residents through easyMarkets Pty Ltd, licensed by ASIC under AFSL 246566.

easyMarkets client money protection and AFCA membership

easyMarkets client money protection runs through segregated accounts at an Approved Australian Bank, with mandatory negative balance protection and AFCA membership.

Your money is ring-fenced as you’d expect from an ASIC broker, and AFCA membership carries disputes at no cost to the client.

At easyMarkets, client money sits in accounts separate from company funds. AFCA hears claims up to A$1,263,000 and awards compensation up to A$631,500. The Compensation Scheme of Last Resort pays up to A$150,000 for personal advice, securities dealing and credit, but it excludes forex and derivatives trading, CFDs included, so it offers nothing for this broker’s trading service. The retail standard is set out in the guide to CFD negative balance protection.

One carve-out qualifies the Professional tier’s appeal at easyMarkets. Professional clients trade with the ASIC retail protections waived, and negative balance protection is one of those protections, so you’d lose that safety net if you upgrade.

easyMarkets’ AFCA member is EasyMarkets Pty Ltd, and AFCA’s Datacube, read on 27 September 2026, records 7 complaints received against it in 2025-26, while it does not list the member for 2024-25 because AFCA lists firms that received four or more complaints in a period.

• AFCA business size: Very small
• Not adjusted for client numbers
• AFCA listing threshold: Financial firms that received four or more complaints during the selected period appear in the AFCA Datacube. "Not listed" means the firm is below it.
• Middle of the field: 23 AFCA firms listed for 01/07/2025 - 30/06/2026 among the brokers this site covers, each firm counted once
• Source: AFCA Datacube, complaints by firm, read 27 September 2026

easyMarkets Trustpilot rating

easyMarkets holds a Trustpilot rating of 4.4 out of 5 from 1,989 reviews, which Trustpilot labels excellent, captured November 2026. The profile has been claimed by the broker since August 2016.

Third-party scores for this broker sit in the public rating panels.

How popular is easyMarkets in Australia?

Australians made 3,840 branded searches for easyMarkets in September 2026, placing it 10th of the 33 brokers we review. Search interest measures attention, not quality; the score above is the review verdict.

10of 33Search interest rank

3,840

Brand searches, September 2026

-0.5%

vs August 2026

180

Login searches

2.5%

Share of all broker searches

Source: Google search volume, Australia, September 2026. How this is measured

What other review sites say about easyMarkets

TradingView users rate easyMarkets 4.8 out of 5 from 5,126 ratings (November 2026). 22.7K TradingView users have connected a easyMarkets account. TradingView named easyMarkets its Customer Support Excellence winner 2025 and its Broker of the Year 2024.

TradingView

4.8

5,126 ratings22.7K Traders via TradingViewNovember 2026View on TradingView

What traders say about easyMarkets

Public ratings of easyMarkets from the rating sites that list it, showing the number of reviews or ratings behind each score and the month it was captured.

Rating site	Rating	Based on	Who rated	Captured
Trustpilot	4.4 out of 5	1,989 reviews	Worldwide	November 2026
TradingView	4.8 out of 5	5,126 ratings	Worldwide	November 2026

Each row above is a public rating of easyMarkets taken from a rating site, dated to the month its figure was captured. A Trustpilot figure counts reviews and a TradingView figure counts ratings from anywhere in the world. The app store ratings for easyMarkets sit in the apps section of this review, with the store screenshots. A site with no row has no rating for easyMarkets, withholds it, cannot be matched to easyMarkets with confidence, or we have not captured it yet.

easyMarkets key facts

easyMarkets Pty Ltd holds ASIC AFSL 246566, current since 26 March 2004. The 14 key facts below cover the Australian entity, the platforms and the fee schedule.

You can trade on four platforms with an A$200 minimum deposit, which easyMarkets publishes and recommends.

easyMarkets fixed spreads on EUR/USD and AUD/USD

easyMarkets fixed spreads on EUR/USD and AUD/USD are 0.6 pips and 1.0 pip respectively from 03:00 to 21:00 GMT, stepping to 0.8 and 2.0 from 21:00 to 03:00 GMT, with no commission, on the same AU table.

GBP/USD is fixed at 1.0 pip from 03:00 to 21:00 GMT and 1.4 pips from 21:00 to 03:00 GMT on the same table. This pricing runs on the proprietary Web and App platform and on TradingView. MT4 and MT5 both use floating spreads, so two of the four platform routes carry the fixed offering.

I like the certainty of fixed pricing, and I think it comes at a price for you. A variable spread moves with the market, while easyMarkets publishes two fixed figures per pair on its AU table: the first applies 03:00 to 21:00 GMT, the second 21:00 to 03:00 GMT, the Australian morning. Whether the quote stays put in fast markets is something we have not measured, so I would treat it as an open question.

easyMarkets’ AU pages (easy-markets.com/au/trade/forex-spreads/ and /au/) publish a per-pair table: fixed spreads on Web/App and TradingView, floating on MT4 and MT5 Standard and Pro, the first figure applying 03:00 to 21:00 GMT and the second 21:00 to 03:00 GMT. We read it live from Australia, and the AU page footnotes “Due to extreme market conditions Fixed spreads may be adjusted”.

easyMarkets’ published fixed spread sits below the October 2026 average of 8 measured standard accounts on six of the seven pairs, and above it on AUD/USD, 1.0 against 0.85 pips, on the same AU table (03:00 to 21:00 GMT figures). Pepperstone’s Razor account including commission, in the same capture, is lower on four of the seven pairs, including AUD/USD at 0.62 against 1.0 pips and GBP/USD at 0.80 against 1.0 pips. One live quote on Noam Korbl’s funded account on 17 August 2026 showed EUR/USD at 0.5 pips, which is one quote at one moment and not a measurement. Our lowest spread brokers test carries no easyMarkets figure, because the account in our September 2026 capture sat outside the ASIC-licensed entity, and our fixed spread brokers guide covers the alternatives. In my view AUD/USD is the weak pair for a cost-conscious trader.

easyMarkets non-trading fees

• Overnight swap applies on positions held past 5 PM New York time, direction-dependent.
• The inactivity fee runs US$25 per quarter after three months without activity.
• Currency conversion applies to any instrument denominated outside the account base currency.

easyMarkets dealCancellation has been discontinued

easyMarkets dealCancellation is no longer available. The broker discontinued the tool that let traders reverse a losing CFD trade.

The feature has been removed from the platform. It closed the position at your entry price, for a premium paid up front.

I will say this plainly: losing it costs the broker something real. No other Australian broker in this coverage offered anything that reversed a losing trade after you had opened it. For a beginner, that took one class of mistake off the table. It was a genuine point of difference, and its removal leaves a gap in the risk toolkit that the remaining features do not fill in quite the same way.

What easyMarkets costs per trade

Standard lots per month

15102550

This calculator prices both accounts on the broker's EUR/USD spread because no eight-pair standard average we can source is on record for it. Its monthly figures therefore do not compare with the eight-pair league on the broker cost calculator page. AUD pip value A$14.57 per standard lot at AUD/USD 0.6865 (11 Nov 2026).

Standardspread only · EUR/USD · AU published table, 14 October 2026

A$87.42

At 10 standard lots per month on Standard accounts, easyMarkets costs approximately A$87.42 in spread costs. Rates as of Wed 11 Nov 2026, 5pm New York close.

How easyMarkets compares to Trade Nation on fixed spreads

easyMarkets compares to Trade Nation on fixed spreads with easyMarkets fixing EUR/USD at 0.6 pips and AUD/USD at 1.0 pip (0.8 and 2.0 from 21:00 to 03:00 GMT) on the same AU table, against Trade Nation’s published main-session 0.50 and 0.40 pips on its AU TN Trader sheet, captured 17 July 2026.

Trade Nation’s published figures are lower on both pairs.

The Trade Nation account prices tighter on both pairs above and opens at A$0 against A$200 here, charging no inactivity fee where this broker charges US$25 a quarter after three months, which I would call a clear cost advantage for Trade Nation.

easyMarkets offers retail vanilla forex options and easyTrade on its Web and App platform, and its ASIC licence dates to 26 March 2004 against Trade Nation’s 11 October 2012 register date. In my view, a cautious beginner who wants a capped-risk options product has a reason to look at easyMarkets.

easyMarkets account types and minimum deposit

easyMarkets runs one retail account priced as Standard or as the Pro spread tier, both at the A$200 minimum deposit easyMarkets publishes and recommends, plus a Professional account for wholesale clients.

Standard is the only retail tier most clients will use and the one that suits a new trader best. A$200 is the minimum on easyMarkets’ own Australian account pages, and Noam Korbl’s A$200 card deposit was accepted and credited in full.

The Pro tier is a MetaTrader spread tier, not a separate client classification, and it opens at the same A$200 minimum as Standard. Its spreads float rather than fix, starting from 0.6 pips on EUR/USD on both MT4 Pro and MT5 Pro, per the same table. My advice is to stay on the Standard account and on the Web and App platform or TradingView if you came for the fixed pricing.

Professional account

The Professional account is restricted to clients passing the Corporations Act wholesale tests under s761G(7) and s708(8), broadly more than A$2.5 million in net assets or more than A$250,000 gross income for two consecutive years, certified by an accountant, so unless you meet those tests, this account is out of reach. Professional clients trade with the retail protections waived, in return for forex leverage to 2000:1 on the MetaTrader builds under a Dynamic leverage model, rebates, lower margin requirements and a dedicated account manager.

easyMarkets minimum deposit

A$200 minimum deposit is accessible without being the lowest available. CMC Markets and Pepperstone start at A$0, while IG Markets and Plus500 start at A$100 by card, and each realistically needs a couple of hundred dollars to size a position. easyMarkets has a published minimum of A$200 on its Standard and Pro accounts, so plan around that amount. The account switch on our funded account showed a DEMO mode beside LIVE on 17 August 2026, and our best demo trading accounts comparison covers demo accounts across brokers. My suggestion is to try the demo before you fund, to learn the platform without risking your A$200.

What we were asked when opening and funding an easyMarkets account in Australia

easyMarkets account opening on Monday 17 August 2026 asked for an email address and phone number, or a Google or Facebook account.

Noam Korbl opened, verified and funded a live easyMarkets Australian account, with Australian dollars as the base currency, on the proprietary Web and App platform. After registering you confirm your country of residence and land in the web platform while setup and verification are still unfinished.

The account details stage asks for your address, date of birth and account currency. Passport and driving licence are the identity options, and the form asks consent to check the details with the document issuer or official record holder. The ID field is optional at that point and the step can be skipped temporarily. A regulatory questionnaire covers financial profile, employment, occupation, annual income, net worth, US tax status, and trading knowledge and experience. Australian clients must then pass the Financial Wellness Assessment before they can trade. The interface states: 10 questions across 4 knowledge areas, at least 8 of the 10 correct to pass, 2 attempts, and trading is blocked after 2 failed attempts. A second assessment screen ran to 13 questions on how much you are prepared to risk and why you want to trade CFDs.

The weak point came part-way through: the only available action on screen was “Skip for now”. Noam had to take it to exit the flow and then re-enter verification to carry on. The trading platform was reachable in the background the whole time, with trading blocked until verification finished. This is a fragmented hand-off against the single-flow onboarding at some competitors.

Once the identity step was actually reached it was fast: electronic verification, continued on a phone or tablet by QR code or by copying a link. Welcome email arrived at 13:56, full verification confirmed at 14:26, 30 minutes end to end. Funding was straightforward: the deposit area funds the Web and App platform directly and showed nine methods. The card form takes a custom Australian dollar amount and confirms the account-holder name should match. Noam deposited A$200 by card and easyMarkets returned a successful confirmation for the full amount. The money landed immediately, balance and equity both read A$200.00 with no pending stage and no separate internal transfer. Overall, the process is fast once you are in the identity step, clunky in the middle, and simple to fund.

easyMarkets funding and withdrawals

easyMarkets funding methods number nine on the Australian deposit screen of our funded account on 17 August 2026, among them PayID, card, BPAY, bank wire and crypto.

Noam Korbl’s A$200 card deposit on 17 August 2026 was credited in full and immediately, with balance and equity both reading A$200.00 and no pending stage. We have not used or timed the other methods, so I cannot give you their fees or speeds.

easyMarkets deposit methods

PayID and BPAY are both on the Australian menu, which is the pair an Australian client looks for. The crypto rail runs to five network choices: USDT on Ethereum, BNB and Tron, and USDC on BNB and Solana. Noam saw all nine methods on the deposit screen of the live account he funded on 17 August 2026, and I consider the coverage strong. In a live chat on 10 September 2026, easyMarkets support confirmed that Skrill and Neteller are not available to Australian clients. Any trader who funds other brokers via an ewallet must therefore use card, bank transfer, PayID, BPAY or crypto when depositing here.

easyMarkets withdrawal times and fees

Withdrawing from easyMarkets runs through the Withdraw Funds and My Withdrawal Status tabs in the client area, beside Deposit Funds, on the screenshots we captured on 17 August 2026. We have not yet withdrawn from the funded account, so we cannot yet tell you what a withdrawal costs or how long it takes.

easyMarkets account opening time and checks

The application runs fully online. Identity is checked electronically against the document issuer or official record holder, with passport or driving licence as the options, and no document upload was needed. Noam’s application went from welcome email to full verification in 30 minutes on 17 August 2026. Australian clients must also pass the Financial Wellness Assessment before they can trade.

easyMarkets trading platforms

easyMarkets offers four trading platforms: the proprietary Web and App build, MetaTrader 4, MetaTrader 5 and native TradingView.

easyMarkets Web platform (proprietary)

The flagship platform runs in any browser with no install. You get one-click trading with a fixed spread display, an optional guaranteed stop loss with no slippage that you pay for through a wider spread, easyTrade, vanilla forex options trading, sentiment indicators and an economic calendar. It is a lot packed in.

That platform trades MetaTrader depth for clarity, and it is the easier on-ramp for a trader new to forex who doesn’t want to spend a weekend learning MT5. I’d start a beginner here.

easyMarkets app

easyMarkets publishes its own app for mobile trading. MT4, MT5 and TradingView run on a phone through those platforms’ own apps, published by their developers.

Download the app and you get the same proprietary platform as the browser version, so fixed spreads apply on your phone and on TradingView, while the MetaTrader builds run floating spreads. TradingView access works by connecting a TradingView account inside that platform’s own app, where the same published fixed spreads apply. To compare this broker’s app with its rivals, see the best trading apps in Australia guide.

• App Store: Australian storefront, exact figures from Apple's iTunes Search API
• Google Play: worldwide counts, not comparable with the App Store counts
• Third-party MetaTrader, TradingView and cTrader Ltd apps not listed

MetaTrader 4 and MetaTrader 5

MT4 and MT5 both run floating spreads rather than the fixed pricing the brand is built on. Floating EUR/USD quotes from 1.2 pips on MT4 Standard and MT5 Standard, and from 0.6 pips on MT4 Pro and MT5 Pro, all commission-free, per the same table. Guaranteed stop-loss orders, vanilla forex options and easyTrade are all Web and App platform exclusives and do not reach either MetaTrader build. If you came for the fixed spreads, I would not choose the MetaTrader pair here. For more on the platform, see our MetaTrader 5 guide.

TradingView

easyMarkets offers native TradingView trading: you connect a TradingView account and trade inside that interface, and the fixed pricing applies there. For you as a TradingView user, that means the charting tools you already use carry the same published fixed spreads.

easyMarkets leverage and margin under ASIC rules

easyMarkets leverage and margin operate under a maximum retail leverage of 30:1 on major forex pairs, covering you with the same ASIC limits as everywhere else, and the fixed spread model changes nothing about the caps.

• Forex majors: Web platform; MT4/MT5 higher
• Forex minors: Web platform; MT4/MT5 higher
• Gold: Web platform; MT4/MT5 higher
• Major indices: Web platform; MT4/MT5 higher
• Minor indices: Web platform; MT4/MT5 higher
• Other commodities: Web platform; varies by commodity
• Share CFDs: Web platform; MT4/MT5 higher
• Crypto CFDs: Web platform; MT4/MT5 higher
• Given up with professional status: negative balance protection, the retail leverage limits, the 50% margin close-out
• Source: ASIC product intervention order (retail); easyMarkets and its Australian support, read 30 September 2026 (professional)

easyMarkets is bound by a product intervention order extended to 23 May 2027, which 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, and it applies at every ASIC broker rather than at easyMarkets alone.

The single retail account carries those caps in full, with margin requirements per instrument following the standard tiers, while the Professional classification, for clients passing the Corporations Act tests, reaches 2000:1 on forex through the MetaTrader builds under a Dynamic leverage model where the leverage jumps dramatically.

easyMarkets sits under the 50% retail margin close-out: ASIC requires every CFD issuer to close a retail client’s positions once account equity falls below half the total initial margin on all open positions, positions cannot be netted against each other to reduce that figure, and a gapping market can close a position below the 50% level. The mechanics are set out in how leverage affects CFD positions.

easyMarkets markets and instrument counts

easyMarkets instrument counts run to more than 200 instruments across seven asset classes, a currency-led lineup that is fine for forex traders.

The other classes are present rather than deep and therefore not suited to those wanting a broad equities range.

Share CFDs are the weak row and the one to weigh where equities are part of the reason for opening the account, because the range runs narrower than CMC Markets, IG Markets or Interactive Brokers, and I’d look elsewhere if shares are your focus. The share CFD class is compared in the guide to share CFDs.

The commodity range lists gold as XAU/USD alongside silver, WTI and Brent crude, natural gas and the agricultural softs.

easyMarkets vanilla forex options

easyMarkets vanilla forex options let you buy puts and calls on 26 instruments, 24 currency pairs plus XAU/USD and XAG/USD, with risk capped at the premium paid, on the Web and App platform only, not on MT4 or MT5.

The options run through easyMarkets’ own Web and App platform rather than through MetaTrader, which is worth knowing before you choose a platform for the class. In my opinion the class is worth exploring for a cautious trader, because the premium cap sets your worst case before the trade opens.

The option structure matters for a cautious trader, which is the audience this broker targets, and I think it is a powerful tool for risk-averse traders. A bought option caps the maximum loss at the premium at the moment of entry, without a stop-loss order, a margin calculation or a gapping risk. That risk profile differs from a margined CFD position and is a genuinely useful one.

MT4 and MT5 carry no options at easyMarkets, so an options trader works on the Web and App platform. easyMarkets is worth a look for a trader who wants listed puts and calls under an ASIC licence.

easyMarkets customer support

easyMarkets customer support runs phone 24 hours a day, five days a week, with live chat on set hours and a Personal Account Manager on every account, per the hours easyMarkets states, recorded June 2026.

Live chat runs Monday to Thursday 08:00 to 21:00 and Friday 08:00 to 24:00. WeChat support is also offered. Phone support does not run at the weekend, so plan around that if your trading extends into Saturday and Sunday.

The weekend closure is the main service negative.

easyMarkets research, tools and education

easyMarkets publishes a beginner forex course, video library, glossary of trading terms, strategy guides, daily market commentary, economic calendar and sentiment data. We have not assessed the research or education live, so this section states only what the broker publishes.

Should you open an easyMarkets account?

The case for an easyMarkets account rests on fixed spreads at 0.6 pips on EUR/USD (0.8 from 21:00 to 03:00 GMT, per the same table) and guaranteed stop-loss orders on the proprietary platform, which suit cautious beginners who value predictability. Active traders filtering on cost are served better elsewhere, and the overall ranking says so.

An easyMarkets account gives clear value to two groups of trader. The guaranteed stop-loss orders sit on the Web and App platform and cap your loss at the price you set, while easyTrade lets you fix your maximum loss as the premium before you enter a trade. I’d say this route fits a trader who values regulatory safety and wants a simple, capped-risk options product without leaving the easyMarkets environment.

Active and cost-sensitive traders should look past an easyMarkets account. Pepperstone Razor including commission, in our October 2026 capture, prices below easyMarkets’ published fixed spreads on four of the seven pairs compared, with the gap widest on AUD/JPY at 1.54 against 2.0 pips, a 0.46 pip gap, on the same AU table (03:00 to 21:00 GMT figures); AUD/USD sits at 0.62 against 1.0 pips, and easyMarkets has no commission tier to move to. The inactivity fee charges US$25 a quarter after three months without trading. You will find lower costs elsewhere if cost is your filter.

easyMarkets ranks last among the top forex brokers in Australia on the 2026 scoring. Before you fund, I’d try the platform’s DEMO mode to see whether fixed pricing suits the way you trade.