easyMarkets Review Australia 2026

Verdict

easyMarkets is one of the more distinctive ASIC-regulated brokers on our shortlist, and the reason is simple: it does three things almost no one else does. Spreads are fixed rather than variable. Every account gets free dealCancellation, which lets you reverse a losing trade within 60 minutes for a small fee paid up front. And the AUD 25 minimum deposit is the lowest of any broker we cover. None of those features are gimmicks. Together they make easyMarkets a genuine alternative to Plus500 and Trade Nation for traders who want price predictability and an obvious safety rail while they learn.

The trade-off is honest. Fixed spreads are wider than RAW spreads at IC Markets, Pepperstone or Fusion Markets. EUR/USD is fixed at 0.7 pips and AUD/USD at 0.9 pips with no commission, and those numbers don’t move when London opens, when New York closes, or when ECB day kicks the market around. For a beginner running one or two trades a week, that’s a feature. For a scalper running thirty trades a day, it isn’t. easyMarkets knows its audience and prices accordingly.

Quick facts

Trading costs and fees

Fixed spreads: what they actually mean

Fixed spreads are the headline easyMarkets feature and the one that separates it most clearly from the rest of the AU shortlist. Outside of Trade Nation, every other ASIC-regulated broker we cover prices forex on a variable spread model. That means the EUR/USD spread might be 0.1 pips during London peak liquidity and 1.8 pips at the Sunday open. easyMarkets quotes one number and holds it.

The headline takeaway: easyMarkets undercuts the typical variable-spread Standard account on every major in our table, but a serious active trader on a RAW commission account at Pepperstone or IC Markets pays roughly half what easyMarkets charges on EUR/USD. That’s the trade-off baked into the fixed-spread model. You pay for predictability.

dealCancellation: the feature no other AU broker offers

dealCancellation is an easyMarkets-only product. You pay a small premium up front (the cost varies by instrument, position size and time-of-day liquidity), and if your trade goes against you, you can cancel it within 60 minutes and get your stake back. The losing position is closed at your entry price as if it had never happened. Profitable trades aren’t cancellable, naturally, that’s why the premium is so reasonable.

For newer traders, dealCancellation isn’t a substitute for proper risk management. It is a useful training wheel. If you’ve sized a position incorrectly, missed a news release or just got the direction wrong on entry, you’ve got an hour to walk it back without taking the loss. We rate this the single most useful retail-focused product feature on any AU broker.

Other fees AU traders should know about

• Overnight swap (rollover) applies on positions held past 5 PM New York. Direction-dependent.
• Inactivity fee USD 25 per quarter after three months of no activity. This is on the aggressive end. Plus500 charges USD 10 monthly after the same period; CMC waits 12 months at AUD 15. Don’t open the account and then forget about it.
• Currency conversion applies if you trade an instrument denominated in a currency other than your account base. Hold an AUD-base account if you trade AUD pairs.
• Withdrawal fees are $0 on most methods, including bank transfer and card refunds.
• Guaranteed stop-loss premium included free on every account, which is unusual. Most AU brokers either don’t offer GSLOs or charge a premium when triggered.

Trading platforms

easyMarkets runs five trading interfaces. Most retail clients land on the WebTrader or the mobile app; the MetaTrader and TradingView options exist for traders who already know what they want.

easyMarkets WebTrader (proprietary)

The flagship platform and the one easyMarkets has invested in most heavily. WebTrader runs in any browser with no install. Built-in features include:

• One-click trading with fixed spread display
• Free GSLOs on every position
• dealCancellation toggle on the order ticket
• Vanilla forex options trading (you won’t find this on MT4)
• Trading Central technical research embedded
• Sentiment indicators and an economic calendar

It’s a beginner-friendly platform. The interface trades MetaTrader’s depth for clarity. If you’re brand new to forex and don’t want to spend a weekend learning MT5, WebTrader is the easier on-ramp.

MetaTrader 4

The classic forex retail platform and still the right choice if you run legacy expert advisors. easyMarkets’ MT4 build supports the standard product range, though some features (notably dealCancellation and vanilla options) are WebTrader-only.

MetaTrader 5

Modern multi-asset MetaTrader. Useful if you want to run EAs across forex plus indices and commodities under one platform. Same caveat: dealCancellation is not available in MT5.

TradingView (native)

easyMarkets is one of a small group of AU brokers offering native TradingView trading. You connect a TradingView account and execute through easyMarkets directly inside the TradingView interface. Sensible if your charting and idea generation already happens on TradingView. Pepperstone, OANDA, Eightcap and Vantage also offer this integration.

easyMarkets app

The mobile app is genuinely good. It includes WebTrader’s full feature set including dealCancellation, GSLOs, vanilla options and Trading Central research. Biometric login on both iOS and Android. We rated it 8/10 in our 2026 mobile app testing, behind Plus500 and CMC, ahead of most MetaTrader-only mobile builds.

Trust and safety

Trust score: 8/10.

Regulation

Easy Markets Pty Ltd holds AFSL 246566 with the Australian Securities and Investments Commission. The AU AFSL has been continuously held since 2010. There have been no material ASIC enforcement actions or licence conditions imposed in the last 36 months.

Globally, the easyMarkets group operates under:

• CySEC, Cyprus (Tier 1)
• BVI Financial Services Commission (offshore, used for non-EU/AU clients)
• FSA Seychelles (offshore)

The offshore entities exist for international clients and don’t apply to AU retail traders. If you’re in Australia and you open through the AU site, you’re contracting with Easy Markets Pty Ltd under ASIC, not the offshore arms.

History and ownership

Founded in 2001 in Cyprus as easyForex, the company predates most of the AU broker shortlist. The 2016 rebrand to easyMarkets reflected the broadening product range beyond pure forex into indices, commodities, share CFDs, crypto CFDs and vanilla forex options. Privately held. The brand carries a global Real Madrid sponsorship that gives it visibility AU traders sometimes recognise from football coverage rather than financial press.

Australian context that matters:

• AFSL since 2010, continuous operation
• Member of AFCA for retail dispute resolution
• Segregated client funds at an Approved Australian Bank
• Sydney office staffed for AU client support

Public reviews

easyMarkets carries a TrustPilot score in the 4.0 to 4.4/5 band from over 2,000 reviews globally. AU-specific feedback is consistent. Common positives: dealCancellation actually working as advertised, easy onboarding, low minimum deposit. Common negatives: spreads wider than RAW competitors, inactivity fee surprising clients who didn’t read the PDS.

Account types and minimum deposit

Account options for AU clients

The VIP account drops the spreads further but requires a meaningfully higher minimum deposit. easyMarkets adjusts the threshold periodically; verify against the broker’s current PDS before you transfer in.

The wholesale account is restricted to clients who pass the Corporations Act wholesale tests (broadly: AUD 500k+ net financial assets, or AUD 250k+ income for two consecutive years, certified by an accountant). Wholesale clients can request higher leverage. This is not a retail product.

Minimum deposit

The AUD 25 minimum deposit is the standout. To put that in context: CMC, Pepperstone and IG all start at $0 but realistically you’ll need a couple of hundred dollars to size a position. Plus500 starts at AUD 100. Most RAW brokers expect AUD 200+ before you can trade comfortably. easyMarkets at AUD 25 is genuinely the lowest-friction entry point on the AU shortlist, and the fixed-spread model means a small balance is enough to take a real position without margin gymnastics.

We don’t recommend trading with AUD 25. We do recommend opening with AUD 25, running a few demo trades and small live trades, and scaling up only when you’ve found your rhythm.

Funding and withdrawals

Deposit methods (AU clients)

Withdrawals

$0 fee on most withdrawal methods. Withdrawals must use the same method as deposit where possible (anti-money-laundering compliance under AUSTRAC). Card refunds 1 to 3 business days. Bank transfers 1 to 2 business days. Skrill and Neteller typically same-day.

Account opening

Fully online and AUSTRAC-compliant. You’ll provide one form of photo ID (driver’s licence or passport) and one proof of address (utility bill or bank statement). Most AU applications are approved within 24 hours. Our test team rated easyMarkets’ onboarding 12/15, smoother than CMC and IG, slightly more involved than Plus500’s near-instant flow.

Product range

200+ instruments across:

• Forex: major, minor and exotic pairs including 6 AUD crosses (AUD/USD, AUD/JPY, AUD/NZD, AUD/CAD, AUD/CHF, AUD/SGD)
• Indices: ASX 200, S&P/ASX SPI 200, plus all major global indices (S&P 500, NASDAQ, FTSE 100, DAX, Nikkei, Hang Seng)
• Commodities: gold (XAU/USD), silver, WTI and Brent crude, natural gas, agricultural softs
• Share CFDs: selected ASX, NYSE, NASDAQ and LSE names; coverage narrower than CMC or IG
• Cryptocurrencies: BTC, ETH and a handful of altcoin CFDs (ASIC’s 2:1 leverage cap applies)
• Vanilla forex options: genuinely rare for retail; lets you buy puts and calls on currency pairs
• ETFs: limited selection as CFDs

The vanilla forex options product deserves a callout. Most AU brokers don’t offer retail FX options at all. easyMarkets does, through the WebTrader, with defined-risk premium-paid contracts on the major currency pairs. If you’ve come from US options trading and want to apply the same toolkit to forex, easyMarkets is one of very few ways to do that under ASIC oversight.

Customer service

24/5 phone, live chat and email. Hours run from Sunday 5 PM AEST to Friday 5 PM AEST, closing over the weekend. Average live chat response in our testing: under 90 seconds during AU business hours.

Languages: English, Mandarin, Arabic, Spanish, Italian, Polish, German, French, Russian, Japanese, Korean, Vietnamese.

The closed-weekend support window is the main customer service negative and matches CMC’s approach. Pepperstone and Plus500 both offer 24/7 support for traders who need it. If you trade weekend crypto markets and want live phone help, easyMarkets isn’t the right fit.

Research and education

Education content

• Beginner’s forex course covering majors, leverage, position sizing and risk
• Video library on fundamental and technical analysis
• Glossary of trading terms
• Strategy guides aimed at the WebTrader and mobile app

The education content is solid for beginners and consistent with the broker’s positioning. Less depth than Pepperstone Insights or CMC’s research stack; more accessible than either.

Market research

• Trading Central technical research feed (free)
• Daily market commentary
• Economic calendar with impact ratings
• Sentiment data on major instruments

Trading Central is the headline. It’s a respected third-party research provider and easyMarkets bundles it free where some competitors ringfence it for higher tiers.

How easyMarkets compares to alternatives

Bottom line

easyMarkets is a beginner-friendly ASIC-regulated broker built around three features that almost no other Australian broker offers: fixed spreads for predictability, free dealCancellation as a safety rail, and an AUD 25 minimum deposit that genuinely lets you start small. The trade-off is honest. Active forex traders will pay less per round-turn at Pepperstone, IC Markets or Fusion Markets on RAW commission accounts. Casual traders running one or two positions a week, especially newer ones, will appreciate the price predictability and the option to undo a bad entry inside the first hour.

Direct competitors are Plus500 (similar beginner positioning, no fixed spreads, larger product range) and Trade Nation (other AU fixed-spread broker). easyMarkets sits between them on most measures and ahead of both on minimum deposit and dealCancellation. If you want a broker designed explicitly for the trader who’s still learning where the off-ramp is, easyMarkets earns the spot on the shortlist.

Where to start: open the demo, try a fixed-spread trade with dealCancellation toggled on, and decide if the predictability is worth the higher headline spread compared to a RAW account. If you’re still inside your first year of trading and you’ve blown up at least one demo, easyMarkets is worth the look.

Open an easyMarkets demo → (affiliate link, see our advertiser disclosure)