easyMarkets
Pros
- No deposit, withdrawal or inactivity fees
- Fixed spreads provide cost certainty
- Proprietary dealCancellation tool lets traders undo a losing trade
- Freeze Rate locks in a price while the trader confirms an order
- Negative balance protection on CySEC and ASIC accounts
- Vanilla options available on the proprietary platform
- Free unlimited demo account with $100,000 virtual balance
- Regulated by Tier 1 authorities CySEC and ASIC
Cons
- Fixed spreads are wider than ECN/STP alternatives, especially on Standard accounts
- No commission-based raw-spread account available on the proprietary platform
- CFD execution only - no direct ownership of stocks, ETFs or crypto
- No copy trading or social investing features
- Unique risk tools (dealCancellation, Freeze Rate) are limited to the proprietary platform, not MT4/MT5
- UK FCA authorisation was withdrawn in 2022
- Product availability varies by regulatory entity and region