easyMarkets: FX prohibitions and penalties Is it possible to do both? Thorough explanation of safety

easyMarkets

easyMarkets is a famous FX broker that traders from all over the world trade with every day. Traders must abide by the terms of use when actually using the service. Please be aware that if you violate this, you may be subject to some kind of penalty.

About easyMarkets features and functions

easyMarkets was founded in 2001 and has added many features since then. You can start trading immediately by uploading your certificate (driver’s license, passport), completing the document submission, and activating it. You can also create additional accounts. It also has a financial license and is regulated, so it is reliable. Compared to gemforex, ironfx, bigboss, exness, axiory, xm, fbs, etc., it has a richer overall service.

maximum leverage

The maximum leverage is 400x, allowing for fairly high-risk trades. Furthermore, as introduced on the official website, there is also a VIP service where traders can receive generous customer support. Support can be contacted via chat or email. Unique features such as dealcancellation and easytrade are also provided.

Abundant account types

There are various types such as standard accounts and premium accounts, and pips and spreads range from narrow to wide, fixed to floating. In addition, MT4 and MT5 are available as platforms, and indicators and chart analysis are also possible. There are also demo accounts and corporate accounts. You can also trade currency pairs, gold and silver. No slippage or contract rejection will occur.

Loss cut and zero cut

If you incur a loss, the stop-loss limit will apply. If the balance becomes negative, the zero cut system will be applied without margin call. You can reduce risk. There are many financial products available, and the advantage is that automatic trading is possible, as well as scalping and double trading. You can enter many lots and hold many positions. Swap points occur when the day passes.

Many deposit and withdrawal methods

There are many deposit and withdrawal methods. We also accept bank transfer, stickpay, credit card, Bitcoin, etc. Bonuses and campaigns, as well as cashback and points are held, and there are quite a lot of promotions, and there is a cushion function, so you can trade with just the bonus as margin.

Full of support

Investors will receive support to the extent permissible, such as account login, profile and My Page operations, investment questions, document submission when opening an account, taxation, password settings, demo accounts, etc., depending on the purpose and conditions. You can contact us. In some cases, you can also check with VIP services. There is also a detailed guide on the official website.

Prohibited matter

At easyMarkets, you can’t do anything at all. Therefore, as officially announced, there are prohibited actions, so please refrain from doing the following. Please note that if you do this without complete knowledge, there is a disadvantage of freezing your account. Be especially careful if you use automatic trading tools or EAs to maintain your trades. If you unknowingly engage in prohibited trades, your account may be checked and your account suspended. If this happens, you will not be able to send money.

arbitrage

easyMarkets does not prohibit double denominations. However, arbitrage is prohibited. Arbitrage is considered by easyMarkets to be an act of abusing the trading service, and if discovered, it may result in some kind of penalty or account freezing.

Trades that put a load on the server

Trading that places a load on the server is prohibited. There are many traders trading on the same server. For example, if you make a huge number of trades in a very short period of time, it will inevitably put a heavy load on the server. This is prohibited.

Takeover of another user’s account

It is a crime to take over another user’s account and steal their funds. Therefore, users who commit such acts will definitely have their accounts frozen. Today’s FX brokers have strong security measures, but incidents like this often occur.

Holding multiple accounts

You cannot hold multiple easyMarkets eligible accounts at the same time. You cannot open a new account at most one account per person.

copy trade

easyMarkets does not allow copy trading. Copy trading is a method that imitates the entry and exit procedures of experienced traders. easyMarkets only allows automatic trading or discretionary trading on your own. Depending on the category and product, there are many opportunities with stable and high leverage.

Trade aiming to open the window

Trading aimed at opening the window every Monday is prohibited. It is not possible to open or close windows. From my own experience, it is easy to make a profit, but the management is easy to attract attention and the risk is high.

Trading destiné uniquement aux indicateurs

easyMarkets interdit les transactions visant à chronométrer la publication d’indicateurs économiques majeurs. Veuillez vous abstenir de négocier uniquement lorsque les indicateurs sont annoncés, car cela est interdit.

Both buildings are OK

easyMarkets does not prohibit double denominations. The ability to trade in both positions allows traders to have a wider range of trading strategies. Bilateral trading refers to holding a “buy position” and “sell position” for the same currency pair at the same time. By holding them at the same time, no matter which direction the price moves, it will be plus or minus zero. Generally speaking, you should cut your losses quickly and hold the other profitable one for a long time.

Scalping is also OK

easyMarkets also allows scalping. Scalping is a trade in which the time from entry to exit is about a few seconds, and traders usually concentrate on short-term trading to obtain profits in the shortest possible time. There are many FX brokers that prohibit scalping, but easyMarkets allows it, so it’s okay to do it openly. Be careful as margin calls will be triggered if you hold too large a position in a long-term trade.

Automatic trading is OK

Automated trading is permitted. Automated trading, as the name suggests, does not require a human to enter the trade, and the trade is left to the AI. However, since there is no thinking involved in automatic trading, there are many people who lose a lot of money and lose all their money, so I cannot recommend it. Even if the content is OK, be aware that if you start buying and selling products endlessly on the market, it will put a load on the server. Set it up yourself and avoid unnecessary trades.

Violation cases and solutions

If you violate the above prohibitions, your account may be frozen. If your account is frozen, you will not be able to deposit or withdraw money. There is nothing more the user can do in this case. Instead, you will need to negotiate with the support center. Whether it can be canceled depends on negotiation. If you cannot cancel, you will not be able to withdraw from your existing account, so give up and use another broker.

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