EasyEquities was launched in 2014 in South Africa and has grown into one of the country's largest retail investment platforms, serving over a million clients. The brand is best known for fractional share investing, allowing low-budget individuals to buy pieces of global stocks and ETFs. In recent years, it introduced a separate derivatives platform that offers CFDs on forex, commodities, indices and crypto, but the core DNA remains equity investing. For Austria traders, EasyEquities can be an interesting cost-effective way to build a long-term portfolio without a hefty minimum capital. The platform accepts EUR funding via Bank Transfer or Skrill, and has adopted USDT for crypto-based deposits.
However, given the 'retail forex trading' context, Austria-based forex traders should understand that EasyEquities is not a dedicated FX broker. It lacks MetaTrader support, a proper ECN execution model, and tight commission-based pricing. The regulatory framework is South African, not European, meaning there is no passport under MiFID II and no coverage by the Austrian Investor Compensation Scheme. This makes EasyEquities a reasonable option for buying fractional shares from your couch in Vienna, but a risky and underpowered choice for day trading EUR/USD.
| Detail | Information |
|---|---|
| Founded | — |
| Headquarters | — |
| Regulated by | — |
| Min Deposit | $0 |
| Max Leverage | — |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
There is currently no Islamic (swap-free) account at EasyEquities. The platform does not offer such structures on either its equity trading arm or its derivatives CFD portal. This is confirmed in the account documentation and by the absence of any swap-free feature in the FAQ. For Muslim traders residing in Austria, holding overnight positions in forex or metal CFDs will incur swap/rollover interest, which violates Sharia rules.
There are no hidden swap-free fees because there is simply no swap-free option. The only way to avoid swaps would be to close positions before the daily rollover, which is impractical for swing traders. If you are seeking a compliant solution, you should consider EU-regulated brokers that provide genuine Islamic accounts without adding artificial spreads. EasyEquities may still be permitted for halal stock investing but not for forex trading.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Easyequities (current) | $0 | Check broker | No | No | 4.5 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
EasyEquities is a competent platform for stock and fractional share investing, and if you are an Austria-based long-term investor looking to buy a slice of global companies with minimal fees, it can be a good choice. The funding options (bank transfer, Skrill, USDT) work from Austria, and the no-minimum approach removes the barrier to entry.
However, in the context of retail forex trading, EasyEquities is not a serious contender. The FMA regulatory gap, lack of MetaTrader, wide spreads, and limited instruments make it an unsuitable environment for active currency traders. You will find better trade execution and significantly lower costs with European-regulated brokers like IC Markets, XTB, or Admirals, all of which accept Austrian clients and offer professional platforms.
We recommend EasyEquities only for buy-and-hold investors in Austria who do not plan to trade forex daily. If you are searching for a local, low-cost broker to own fractional shares, you will be happy. But as a forex broker, look elsewhere.