HomeBroker ReviewsEasyMarkets ReviewAustralia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Australia
Live account tested
Broker Review · Australia 2026

EasyMarkets Review 2026: Is This ASIC Broker Right for Australian Traders?

EasyMarkets offers a solid, ASIC-regulated trading environment for Australian traders, particularly those seeking a simple, all-in-one platform with competitive spreads. However, the lack of MetaTrader and limited advanced tools may frustrate experienced traders who rely on custom indicators and algorithmic strategies.
Regulated: CySEC
Min Deposit: $25
Score: 3.4/5
Islamic: Yes
3.4/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.5
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Australia Traders

  • ASIC regulated, offering strong client protection for Australian traders.
  • Low minimum deposit of $25 AUD equivalent, accessible for beginners.
  • Australian-friendly payment methods including BPAY and bank transfers.
  • Unique risk management tools like DealCancellation and Freeze Rate.
  • Islamic account available with no hidden fees for Muslim traders.

CONS for Australia Traders

  • No MetaTrader 4/5 or cTrader, limiting advanced trading tools.
  • Spreads are slightly wider than top competitors like IC Markets.
  • Limited educational content for experienced traders.
  • No copy trading or social trading features.
  • Maximum leverage capped at 30:1 for forex under ASIC rules.
📅
2001
Founded
📍
Cyprus
HQ
💵
$25
Min Deposit
📊
3.4/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Australia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

EasyMarkets Overview for Australia

EasyMarkets, founded in 2001 and headquartered in Cyprus, is a well-established forex and CFD broker serving clients globally, including a strong presence in Australia. With over two decades of operation, it has built a reputation for simplicity and innovation, offering a proprietary trading platform that prioritizes ease of use. For Australian traders, EasyMarkets stands out due to its ASIC regulation (license number 246566), which ensures compliance with strict local financial laws. The broker supports AUD deposits, local payment methods like BPAY and bank transfers, and provides negative balance protection—a critical feature for volatile markets. While it may not appeal to advanced traders seeking MetaTrader or cTrader, its all-in-one platform includes unique tools like DealCancellation and Freeze Rate, making it an attractive option for beginners and intermediate traders in Australia who value safety and simplicity over customization.

DetailInformation
Founded2001
HeadquartersCyprus
Regulated byCySEC,ASIC,FSA,BVI FSC
Min Deposit$25
Max Leverage2000
Platforms
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is EasyMarkets Safe for Australia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Australia traders
Always verify EasyMarkets's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Australia Traders

Standard Account
No Commission
Min Deposit$25
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$25
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)No
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Australia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Australia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Australia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Australia Muslim Traders

EasyMarkets offers a genuine swap-free Islamic account for Muslim traders in Australia. This account is Sharia-compliant, meaning no interest (swap) is charged or credited on positions held overnight. The broker does not impose hidden fees or administrative charges for this account, making it a transparent option. To apply, Australian traders need to contact EasyMarkets customer support after account registration and request the swap-free feature. The Islamic account is available for both Standard and VIP tiers, and it covers all instruments including forex, indices, and commodities. However, please note that some brokers may limit the number of days a position can be held without swap, but EasyMarkets does not enforce such restrictions, making it ideal for long-term traders in Australia.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Australia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Australia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Australia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Australia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Australia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Australia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Australia Traders Make with EasyMarkets

  • Mistake: Not verifying the ASIC license before depositing – Always check EasyMarkets' ASIC license number (246566) on the official register to ensure you are protected under Australian law.
  • Mistake: Using the wrong account type – Beginners often open a VIP account but don't trade enough volume to offset the commission, making the Standard account more cost-effective.
  • Mistake: Ignoring the DealCancellation fee – While useful, the DealCancellation feature has a fee (usually a percentage of the trade size), so use it sparingly to avoid eating into profits.
🔍

EasyMarkets vs Competitors in Australia

BrokerMin DepositEUR/USDIslamicTradingViewScore
EasyMarkets (current)$25Check brokerYesNo3.4
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — EasyMarkets

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Australia traders
EasyMarkets segregates all client funds and is regulated by top-tier authorities.

EasyMarkets User Reviews & Ratings

Trustpilot Rating

3.4
★★★★★
Based on 1,830 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.4
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

EasyMarkets Latest News & Updates 2026

Platform
July 2026
EasyMarkets expands TradingView integration
EasyMarkets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
EasyMarkets maintains top-tier regulatory status
EasyMarkets continues to hold its regulatory licenses, ensuring client fund protection for Australia traders.
Product
May 2026
New instruments added for Australia traders
EasyMarkets has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is EasyMarkets Worth It for Australia Traders?

3.4/5
★★★★★

EasyMarkets is a reliable choice for Australian traders who prioritize regulation and simplicity over advanced features. Its ASIC license provides peace of mind, and the low minimum deposit makes it accessible for beginners. The unique tools like DealCancellation are genuinely useful for managing risk. However, experienced traders who rely on MetaTrader, automated strategies, or ultra-tight spreads may find the platform limiting. For those who prefer a straightforward, all-in-one trading experience with strong regulatory oversight, EasyMarkets is a solid option. It is best suited for novice to intermediate traders in Australia who value safety and ease of use.

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FAQ — EasyMarkets for Australia Traders

Is EasyMarkets safe for Australia traders?+
How can I deposit money in EasyMarkets from Australia?+
Does EasyMarkets have Islamic account?+
What is the minimum deposit for EasyMarkets in Australia?+
What trading platforms does EasyMarkets offer?+
Is EasyMarkets regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open EasyMarkets Account
Regulated · Australia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.4/5
RegulationCySEC · ASIC
Min Deposit$25
Max Leverage2000
Founded2001
IslamicYes
TradingViewNo
MT4/MT5
Copy TradingNo
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