EasyMarkets Minimum Deposit: Key Information & Guide (2022)

filippo ucchino Filippo Ucchino calendar Last Updated: September 2022 timer 5 Min Read

The minimum deposit at easyMarkets is $25 for standard accounts, but the amount goes up to $2,000 for premium accounts while if you decide to open a VIP account then it rises dramatically to $10,000.

You can use your preferred deposit method with easyMarkets and select the one that suits you best.

Also, you have a wide range of base currencies available so you can avoid any additional fees.

Let’s go over everything in detail with this article.

Table of Content

Round-up

FEATURES EASYMARKETS MINIMUM DEPOSIT
easyMarkets standard account $25
easyMarkets premium account $2,000
easyMarkets VIP account $10,000
Deposit fees No
Withdrawal Fees No
Base Currencies EUR, USD, AUD, NOK, CAD, SGD, PLN, SEK, CZK, CHF, TRY, ZAR, JPY, GBP, CNY, BTC, NZD, MXN, HKD

Visit easyMarkets
75% of retail CFD accounts lose money

Before opening a real account you can deepen your knowledge with our guide on the easyMarkets account types.

easyMarkets account base currencies

EasyMarkets supports up to 19 different currencies:

  • EUR
  • USD
  • AUD
  • NOK
  • CAD
  • SGD
  • PLN
  • SEK
  • CZK
  • CHF
  • TRY
  • ZAR
  • JPY
  • GBP
  • CNY
  • BTC
  • NZD
  • MXN
  • HKD

This huge list of supported base currencies helps you as a trader to avoid conversion fees when depositing or making withdrawals on EasyMarkets.

Base currencies are important in trading financial instruments because you won’t incur currency conversion costs when converting from your local currency to the accepted currencies allowed on a trading platform.

easyMarkets funding methods (+ withdrawals)

EasyMarkets supports a wide variety of deposit and withdrawal methods. Here is a lowdown on all of the methods that are made available to you:

  • EasyMarkets supports wire transfers, including local bank transfers. If you use a wire transfer to make a deposit or withdrawal, the transaction should be completed within one or two business days. This will depend on your bank policy and you should check any fees that they may charge for a wire transfer.
  • EasyMarkets also supports the use of credit/debit cards to make deposits or withdrawals. Some of the accepted credit/debit card brands include MasterCard, Visa, JCB, Maestro, and AMEX, as well as AstroPay. Online banking is also available as a deposit and withdrawal option for forex traders. The processing period for online banking is within one or two business days.
  • eWallets payment methods are constantly growing in popularity, and EasyMarkets also offers access to these. Depositing or withdrawing funds is very easy with Skrill and Neteller. Typically, the processing period is almost instant. Other payment methods in this regard are Fasapay and Webmoney.
  • EasyMarkets supports other payment methods like Giropay, Sofort, iDeal, BPay, Malay local bank transfer, and WeChat Pay in China. These payment methods typically take up to 24 hours.

easyMarkets deposit fees

EasyMarkets doesn’t charge traders for funding their trading account. However, a conversion fee may apply if your local currency doesn’t match the supported base currency.

easyMarkets withdrawals

Withdrawing your profits is a breeze with EasyMarkets, as they do not charge a withdrawal fee. To withdraw your earnings, you first need to submit a withdrawal request.

The request will be processed within two business days from the date of submission. Please note that the name on the receiving account must match the name of the trading account.

List of all the payment methods available with Easymarkets

How to deposit funds into your easyMarkets account: steps to follow

The process of depositing funds into your trading account is simple and straightforward.

    1. If you are a beginner, the best thing you can do is to open a demo account for free to start trading. easyMarkets offers an unlimited forex demo account.
      You can also check out our top 10 if you’re interested in opening a forex trading demo account with another top broker.
    2. Once you have gotten to know the process and continue building your knowledge of forex trading, you can then proceed to open a live trading account.
    3. After opening a live account, you will need to verify your account and make your first deposit. After funding your account, you can start trading.

easyMarkets minimum deposit vs other brokers

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

FEATURES EASYMARKETS PEPPERSTONE ETORO
Minimum deposit $25 $0 ($200 recommended) $50
Wire transfer Yes Yes Yes
Credit card Yes Yes Yes
PayPal No No Yes
Number of deposit methods 16 9 10
Base Currencies EUR, USD, AUD, NOK, CAD, SGD, PLN, SEK, CZK, CHF, TRY, ZAR, JPY, GBP, CNY, BTC, NZD, MXN, HKD USD, EUR, GBP, AUD, NZD, SGD, JPY, CAD, CHF HKD USD

easyMarkets minimum deposit pros and cons

Here are a few of the points we have noted that easyMarkets performs well on when it comes to their funding and minimum deposit, and some which could be improved.

Pros

  • Multiple assets to choose: 19 supported currencies to pick from.
  • Low minimum deposit: starting with as low as 25 USD.
  • Fast transactions: all deposits/withdrawals proceed almost immediately, and at times instantly.
  • No hidden fees: there are no hidden/additional fees for deposit/withdrawals.

Cons

  • PayPal not supported: with many options available here, one noticeable miss is PayPal.

Final thoughts

EasyMarkets is one of the best online brokers to trade forex with. They support more than 19 base currencies and don’t charge any deposit fee.Therefore, starting with this broker is one that can be easy with as low as $25.

Still unsure whether to trade with EasyMarkets? Then have a look at EasyMarkets Review for a more comprehensive understanding of the product and services of the broker.


About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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