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Compare Forex Brokers Easy Forex And AFB FX


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Subjective Ratings

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Easy Forex

AFB FX

Charting: One star Charting Rating Four and Half star Charting Rating
Execution: Five star Execution Rating Four star Execution Rating
Transaction costs (spreads): Three star Transaction Costs (spreads) Rating Five star Transaction Costs (spreads) Rating
User-friendliness: Four star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Three star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Four and Half star Customer Support Rating Five star Customer Support Rating
Rollover interest rates: Zero Rollover interest rates Rating Five star Rollover interest rates Rating
Withdrawal processing: Five star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Three and Half star Average Rating Four and Half star Average Rating

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Business Details

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Easy Forex

AFB FX

 
Registered Business Name: Easy Forex US Ltd. AFB FX Limited
Broker Headquarters: Limassol, Cyprus Cyprus
Also has offices in: Chicago, Melbourne, Sydney, Manila, Tel Aviv none
Regulated By: * ASIC AFSL (Australia);
* CySEC (Cyprus);
* CFTC & NFA (USA)
CySEC
In business since year:   2010
Broker Capital as of 01-1970 $10,606,977 Unknown
Client Account Segregation: Basler Kantonalbank Yes, client funds are kept separate from company operating capital
Collect Taxes on Earnings: No No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Not loaded
MethodDeposit FeeWithdrawal Fee
Credit Card $0 $0
Liberty Reserve $0 $0
Moneybookers $0 $0
Perfect Money $0 $0
WebMoney $0 $0
Wire Transfer $0 $0
Main liquidity providers: UBS, RBS (Royal Bank of Scotland) There are 6 liquidity providers, but names are unknown

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Trading Details

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Easy Forex

AFB FX

 
Browser platform: Easy-Forex® (proprietary) AFB FX WebTrader
Downloadable platform: No AFB FX Metatrader 4 (MT4)
Mobile platform: Easy-Forex® (proprietary) Android,Blackberry,i-Mode,iPhone,Symbian (Nokia),Windows Mobile
Phone dealing: Yes Yes
Order processing: Market Maker ECN,STP No Dealing Desk
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
VIP Account 200:1* $10,000/unlimited $1,000,000/unlimited
Mini Account 200:1* $200/$499 $2,500/unlimited
Platinum Account 200:1* $500/$4,999 $50,000/unlimited
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Professional Account 100:1* High Deposit 100,000/5,000,000 units Microlot trading available on request
Advanced Account 100:1* $50,000/unlimited 100,000/5,000,000 units Microlot trading available on request
Standard Account 200:1* $5,000/unlimited 10,000/5,000,000 units Microlot trading available on request
Micro Account 500:1* $50/unlimited 1,000/5,000,000 units
Mini Account 400:1* $1,000/unlimited 1,000/5,000,000 units
Swap-free accounts       Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 21    46   
No Dealing Desk Execution: Yes (dealing desk available on request) There is no dealing desk intervention
Typical spread on EUR/USD: 3-7 pips, depending on account type 0.6 pips (Professional) to 2 pips (Micro)
Fixed spreads: Yes (except after-hours) No
Guaranteed stop losses? Yes Yes, limit and stop orders are guaranteed against slippage, except under market conditions
Trailing Stops: None Client-side
OCO orders available: No No
If/then orders available:   No
Hedging capability: Yes Yes, traders can simultaneously hold both long and short positions in the same currency pair.
Automated Trading: No Yes
Trading Hours: Sun. 20:00GMT - Fri. 21:00GMT (trading outside these times available but incurs higher spread costs) 22:00 GMT on Sunday to 22:00 GMT on Friday
Timezone GMT GMT +2 (no Sunday bar)
Scalping allowed: No Scalping is not allowed
Account currencies available: AUD, CAD, CHF, EUR, GBP, ILS, JPY, NOK, NZD, PLN, SGD, USD EUR, USD
Platform languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish Many
Support languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish Arabic, English
Demo account: 15 days  
Live chat support: Yes (Monday-Friday 06:00am GMT until 4pm GMT)  
Interest on Margin: No No
Promotions & tournaments:    

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