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Compare Forex Brokers Easy Forex And Sigma Forex


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Subjective Ratings

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Easy Forex

Sigma Forex

Charting: One star Charting Rating Four and Half star Charting Rating
Execution: Five star Execution Rating Zero 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 Zero Customer Support Rating
Rollover interest rates: Zero Rollover interest rates Rating Zero Rollover interest rates Rating
Withdrawal processing: Five star Withdrawal processing Rating Zero Withdrawal processing Rating
Average rating: Three and Half star Average Rating Two and Half star Average Rating

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Business Details

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Easy Forex

Sigma Forex

 
Registered Business Name: Easy Forex US Ltd. Sigma Forex
Broker Headquarters: Limassol, Cyprus Oslo, Norway
Also has offices in: Chicago, Melbourne, Sydney, Manila, Tel Aviv Virtual Office in Zurich, Switzerland
Regulated By: * ASIC AFSL (Australia);
* CySEC (Cyprus);
* CFTC & NFA (USA)
Unregulated
In business since year:   2003
Broker Capital as of 01-1970 $10,606,977 Unknown
Client Account Segregation: Basler Kantonalbank No
Collect Taxes on Earnings: No No
Prohibit clients from: Yes Yes
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Not loaded
MethodDeposit FeeWithdrawal Fee
e-Gold $0 $0
Wire Transfer $0 $0
Main liquidity providers: UBS, RBS (Royal Bank of Scotland) Private investors

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Trading Details

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Easy Forex

Sigma Forex

 
Browser platform: Easy-Forex® (proprietary) None
Downloadable platform: No Metatrader 4 (MT4)
Mobile platform: Easy-Forex® (proprietary) None
Phone dealing: Yes No
Order processing: Market Maker Market Maker
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:
No Dealing Desk Account 500:1* $2,000/unlimited $1,000/$50,000,000
Dealing Desk Account 500:1* $500/unlimited $1,000/$50,000,000
Swap-free accounts       - All accounts are swap-free
Tradeable Instruments: 21    26   
No Dealing Desk Execution: Yes (dealing desk available on request) Apparently available, but maybe misleading information
Typical spread on EUR/USD: 3-7 pips, depending on account type 1 pip (0.0001)
Fixed spreads: Yes (except after-hours) No
Guaranteed stop losses? Yes No
Trailing Stops: None Client-side
OCO orders available: No No
If/then orders available:   No
Hedging capability: Yes Yes
Automated Trading: No Yes, on MT4
Trading Hours: Sun. 20:00GMT - Fri. 21:00GMT (trading outside these times available but incurs higher spread costs) Sunday 24:00 GMT to Friday 24:00 GMT
Timezone GMT GMT
Scalping allowed: No No
Account currencies available: AUD, CAD, CHF, EUR, GBP, ILS, JPY, NOK, NZD, PLN, SGD, USD AUD, CHF, EUR, GBP, USD
Platform languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish Arabic, Bulgarian, Chinese, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish English
Demo account: 15 days 30 days
Live chat support: Yes (Monday-Friday 06:00am GMT until 4pm GMT) Yes, but very poor
Interest on Margin: No No
Promotions & tournaments:   Win a $50 account if you predict price. Trading tournaments also available.

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