Simple training videos to explain, teach and educate new and advanced traders alike.
Simple training videos to explain, teach and educate new and advanced traders alike.
Educational eBooks in PDF format. Forex beginner guides, vanilla options and plugin guide books.
There are many benefits brokers can choose to enable on the MT4 platform for their traders. easyMarkets offers some of the most competitive industry advantages to MT4 traders. Learn more with our user guide .
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Why trade options on MT4? You can now trade options alongside your spot and futures trades within your MT4 account. Vanilla options are highly versatile, allowing you to take advantage of a variety of market conditions from high volatility over economic announcements to quiet, sideway trading markets. Learn with our user guide .
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Learn what a Contract for Difference (CFD) is and how you can trade them online with easyMarkets.
easyMarkets charges no fees or commissions when trading CFDs. However you do trade on a spread between the buy and sell price. Each product has its own spread depending on its trade characteristics. We have some of the most competitive spreads on the market. Please contact your account service manager for further information.
Futures contracts, on which our Commodities and Indices are based, have an expiration date and our traders will be able to close their positions any time until that date. The expiration of each CFD and option deal is displayed in your easyMarkets’ platform trade ticket, open positions. And on the MT4 Market Watch, hover over the specific product to get more detailed information.
Like forex, when you trade CFDs you don’t take possession of the physical product, e.g. when you buy 100 barrels of oil these will not be delivered to your door. However as CFDs are based on the underlying oil market, each contract has a set delivery date. Once we reach that date, trading stops for that contract and the next contract starts trading immediately. However any positions on the expired contract will be closed on that date, in either profit or loss.
Please check expiry dates before opening any positions. We will also send you an email notifying you of upcoming expirations of your open trades one day before.
You would like to speculate on the level of the US 500 (SPI), an index tracking the 500 largest US stocks. Note: all prices are in USD.
The index trades currently at 1860.00 points.
A standard contract for the US 500 is 50 times the index trade rate. So the current value of a US 500 contract is 50 x 1860.00 = $93,000.
You decide that the American economy will improve and that US stocks will appreciate. So you buy one contract and as you predict, the US 500 rises to 1865.00.
As you are trading on margin (with leverage), you only need to put up a fraction of the whole price as collateral.
The contract is now worth 50 x 1865 = $93,250.
You close the position at 1865.00 and make a profit of $250.
You would like to speculate on the price of oil and decide to trade Brent Crude (BRT). Note: all prices are in USD.
BRT currently trades at $108.00 per barrel.
A standard contract for BRT is 1,000 barrels. So the current value of a BRT contract is 1,000 x 108.00 = $108,000.
You decide that consumers are moving to more fuel efficient cars and that demand for BRT will drop. So you expect that this may push down the price of BRT.
You sell one contract and as you predicted Brent falls to $107.00 per barrel.
As you are trading on margin (with leverage) you only need to put up a fraction of the whole price as collateral.
The contract is now worth 1000 x 107.00 = 107,000.
You close the position at 107.00 and make a profit of $1,000.
Like all products the leverage is flexible, although this may vary among different CFDs.
USD 25 is the minimum margin required to open a CFD contract.
We have a wide range of major and exotic currencies available as day trading and vanilla options. Our commodities include a selection of the most tradable instruments from the agricultural and energy sectors as well as precious metals and copper. Access equity indices from across the globe including the most popularly traded from USA, UK, Europe, Asia and Australia.
We have one of the broadest selections of currencies, metals, commodities and indices available as CFDs on the market and offer some of the most competitive spreads. Combining that with top class customer service and education makes us the preferred platform for both new and experienced traders.
Your trades are executed automatically, with absolutely no requotes and you get fixed spreads and guaranteed stops on the easyMarkets platform.
CFD trading gives you a wider choice of products to access the excitement of the financial markets. Whether you have insights into agriculture, energy products, global currencies or equities, you can now get easy access to trade them. Trade CFDs with a low margin requirement (remember - with greater leverage comes greater profit or loss). CFDs provide an excellent alternative to suit a variety of trading styles or methods e.g. short or long-term investors can find the right product to complement their preferences.
You can trade a range of CFDs on your easyMarkets platform on any device (mobile, tablet, PC). Login to the easyMarkets' trade zone and choose the market you want to trade from the ‘Market Explorer’. You can access all our available CFDs on your easyMarket’s MT4 account in the ‘Market Watch’.
By trading CFDs, you can potentially profit whether a market moves up or down. If you believe an asset’s price is going to rise, you open a buy position (known as ‘going long’). If you think the asset’s price is going to fall, you open a sell position (known as ‘going short’). The performance of the market governs not just whether you make a profit or loss, but also by how much. So let’s say you think a particular market will rise, and you buy a CFD - your profit will be greater the further the market rises, and your losses greater the further it declines. The same rule applies if you expect a market to fall; you’ll make more the further the market drops, and lose more the further the market rises.
A contract for difference (CFD) is a contract between a buyer and a seller. When you open a CFD you are either buying or selling a contract with easyMarkets. CFDs are the easiest and most popular way to trade currencies, metals, commodities and indices due to their simplicity, ease of trade, leverage, ability to short sell and cost effectiveness. You can diversify your portfolio by trading CFDs on all our platforms as both day trading (spot) deals and options.
CFD trading is cash-settled. When you buy a CFD you are buying a contract for a certain price; you don’t take possession of the physical product, e.g. when you buy 100 barrels of oil these will not be delivered to your door. And when the time comes to sell it back, you make a profit (or loss if the market is not in your favour).
Want to trade at the next level? Learn more about trading with vanilla options.
Vanilla options are simply a different way of trading currencies and commodities. With easyMarkets vanilla options you are not charged rolling fees and can never be stopped out. Your risk is limited to your investment (the premium) in the position you have opened, whereas you potential profits are unlimited. Your positions can be closed at any time up to the expiration date.
No! There are similarities but many differences. Vanilla options are a professional trading instrument. Some examples include:
Forex currency pairs can be traded as vanilla options, plus metals and commodity crosses.
Options are used to speculate on a variety of market characteristics such as future exchange rates and price volatilities, hedging and even contract time decay.
Buying a Call gives the holder the right but not the obligation to buy a product pair at a specific date and strike price in the future. In order to do so, the holder must pay a premium up front to the option seller. Unlimited profit is earned as the underlying price moves higher. The risk is restricted to the investment in the premium.
The seller becomes the “writer” of a Call option and is paid a premium up front. The writer must honour the terms of the option contract with the profit is limited to the premium initially received. The risk is unlimited should the market move against the seller of the option.
Buying a Put involves paying a premium to buy the right to sell. The holder of a Put option will have an unlimited profit on the upside once the spot price moves below the breakeven point, with the risk limited to the premium paid.
The seller becomes the “writer” of a Put option and is required to honour the terms of the option contract. The seller receives the premium up front, and is the maximum profit available. Risk is unlimited based on the market moving below the breakeven point.
This is the price, predetermined by the trader, where the product pair will be bought (in a call) and sold (in a put).
This is the time and date determined by the trader, at which the option contract will expire. Positions can be opened or closed at any time before expiry. Longer expiry dates have a higher premium.
Strategies are free to use at your own discretion, and are available in the easyMarkets strategies marketplace. Strategies provide pre-set parameters such as: call/put, buy/sell, strike price, expiry date, and amount.
All the key indicators to be aware of, and watch carefully during economic events and announcements.
The PPI is not as widely used as the CPI, but it is still considered to be a good indicator of inflation. This indicator reflects the change of manufacturers’ cost of input (raw materials; semi-finished goods; etc.). Formerly known as the "Wholesale Price Index", the PPI is a basket of various indexes covering a wide range of areas affecting domestic producers. Each month approximately 100,000 prices are collected from 30,000 production and manufacturing firms. It is not as strong as the CPI in detecting inflation, but because it includes goods being produced it is often a forecast of future CPI releases.
The Business Outlook Survey is a monthly survey of manufacturers located around the states of Pennsylvania, New Jersey and Delaware. Companies surveyed indicate the direction of change in their overall business activity and in the various measures of activity at their plants. The index signals expansion when it is above zero and contraction when below. This index is considered to be a good indicator of changes in everything from employment, general prices, and conditions within the manufacturing industry. It isn't a big market mover, but the results found in the survey can indicate what to expect from the Purchasing Managers' Index (which comes out a few days later and covers the entire U.S.).
The data states the number of people who applied to receive unemployment pay for the first time. It has low to medium importance as this relates to weekly data with high fluctuations; average of four weeks is more stable.
It is a chain-weighted measure of the change in the production of the nation's factories, mines and utilities as well as a measure of their industrial capacity and of how many available resources are being used (commonly known as capacity utilization). In addition the Capacity Utilization Index provides an estimate of how much factory capacity is in use. They are important indicators as the manufacturing sector accounts for one-quarter of the economy.
This economic indicator tracks how many new single-family homes or buildings were constructed throughout the month. For the survey each house and each single apartment are counted as one housing start. This indicator isn't a huge market mover, but it has been reported by U.S. Census that the housing industry represents over 25% of investment dollars and a 5% value of the overall economy. Housing starts are considered to be a leading indicator, meaning it detects trends in the economy looking forward. Declining housing starts show a slowing economy, while increases in housing activity can pull an economy out of a downturn.
The GDP deflator shows how much a change in the base year's GDP relies upon changes in the price level. Also known as the "GDP implicit price deflator." Because it isn't based on a fixed basket of goods and services, the GDP deflator has an advantage over the consumer price index (CPI). Changes in consumption patterns or the introduction of new goods and services are automatically reflected in the deflator. This data is a medium importance indicator for markets.
Durable Goods Orders measures new orders placed with domestic manufacturers for immediate and future delivery of factory hard goods. A durable good is defined as a good that lasts an extended period of time (over three years) during which its services are extended. Rising Durable Goods Orders are normally associated with stronger economic activity and can therefore lead to higher short-term interest rates that are often supportive to a currency at least in the short term.
The difference between a nation's total exports of goods, services, and transfers, and its total imports of them. Current account balance calculations exclude transactions in financial assets and liabilities. The level of the current account is followed as an indicator of trends in foreign trade so it is considered as a big market mover.
An index used to predict the direction of the economy's movements in the months to come. The index is made up of 10 economic components, whose changes tend to precede changes in the overall economy. These 10 components include:
By looking at the Composite Index of Leading Indicators in the light of business cycles and general economic conditions, investors and businesses can form expectations about what's ahead, and make better-informed decisions. It has medium importance, as its components are already known at the time of its publication.
The level of deficit/surplus affects the level of US bonds issues by the government, hence – their price. In addition, this report reflects the level of tax collected by the government, which is evident to the activity level of the economy. In such regard, the April report (the yearly tax remittance moth) is even more important than other months’ reports.
PCE is a of price changes in consumer goods and services. The PCE is a fairly predictable report that has usually little impact on the markets. The Core PCE, which is the index less prices of food and energy estimates inflationary trend more precisely.
The ECI tracks movement in the cost of labor which includes wages, fringe benefits, and bonuses for employees at all levels of involvement in the companies. The Bureau of Labor surveys over 3,000 private sector firms and over 500 local governments, schools and other public sector organizations. This indicator isn't the most watched, but it is among a select group of indicators that have enough power to move the markets, especially during inflationary times. The idea behind the ECI is that as wage pressures increase so does inflation. This is mainly because compensation tends to increase before companies increase prices for consumers (inflation).
Beige book is the commonly used term for the Fed report entitled: "Summary of Commentary on Current Economic Conditions by Federal Reserve District". It is published just before the FOMC meeting on interest rates and is used to inform the members on changes in the economy since the last meeting. This report is published eight times per year. The Beige Book isn't considered to be a big market mover. It is a gauge on the strength of the economy and not a commentary on the views of Fed members. Occasionally it can move markets if the findings are a big surprise from analyst expectations.
The largest component of a country's balance of payments. The balance of trade measures difference between the value of goods and services that a nation exports and the value of goods and services that it imports. A country has a trade deficit if it imports more than it exports, and the opposite scenario is a trade surplus. It is considered as a very big market mover.
The TIC data provides information about the most important way the US is financing its ongoing current account deficit: selling long-term securities to foreigners, or exporting debt. It is important to remember that there are other ways of financing a deficit: borrowing from foreign banks or attracting net FDI inflows. But since FDI flows have been negative and bank flows tend to be small, most of the financing the US needs has come from the sale of long-term securities to foreigners. TIC data are a good measurement of how much a country is trusted in the international investment community. It is considered as a big market mover.
An economic survey of Japanese business issued by the central Bank of Japan, which it then uses to formulate monetary policy. The survey covers thousands of Japanese companies with a specified minimum amount of capital, although firms deemed sufficiently influential may also be included. The companies are asked about current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. It is considered as a big market mover for JPY currency pairs.
Retail sales are a key driving force in US economy, this indicator tracks the merchandise sold by companies within the retail trade. This indicator measures the total consumer spending on retails sales (not including service costs). The retail revenues are a major part (two thirds) of the US economy. The Census Bureau surveys hundreds of various sized firms and business offering some type of retail trade. Every month the data is released showing the percent change from the previous month data. A negative number indicates that sales decreased from the previous months sales. This indicator is a very big market mover because it is used as a gauge of consumer activity and confidence as higher sales figures would indicate increased economic activity. The data is very timely because retail sales data is released within 2 weeks of the previous month.
The PMI is a composite index that is based on five major indicators including: new orders, inventory levels, production, supplier deliveries, and the employment environment. Each indicator has a different weight and the data is adjusted for seasonal factors. The Association of Purchasing Managers surveys over 300 purchasing managers nationwide who represent 20 different industries. A PMI index over 50 indicates that manufacturing is expanding while anything below 50 means that the industry is contracting. The PMI report is an extremely important indicator for the financial markets as it is the best indicator of factory production. The index is popular for detecting inflationary pressure as well as manufacturing economic activity. The PMI is not as strong as the CPI in detecting inflation, but because the data is released one day after the month it is very timely. Should the PMI report an unexpected change, it is usually followed by a quick reaction in market. One especially key area of the report is growth in new orders, which predicts manufacturing activity in future months.
The data intended to represent changes in the total number of paid U.S. workers of any business, excluding the following:
- general government employees;
- private household employees;
- employees of nonprofit organizations that provide assistance to individuals;
- farm employees.
The total non-farm payroll accounts for approximately 80% of the workers who produce the entire gross domestic product of the United States and is used to assist government policy makers and economists determine the current state of the economy and predict future levels of economic activity. It is a very big market mover mainly due to the high deviations in the forecasting.
A survey of consumer confidence conducted by the University of Michigan. The index is becoming more and more useful for investors. It gives a snapshot of whether or not consumers feel like spending money.
The Manufacturing ISM Report On Business is based on data compiled from monthly replies to questions asked of purchasing executives in more than 400 industrial companies. It reflects a compound average of 5 main economic areas (new customers’ orders 30%; manufacturing 25%; employment 20%; supply orders 15%; inventories 10%). Any data over 50 points shows the expansion of economic activities and data under 50 points shows a contraction.
The US Commerce department publishes the GDP in 3 modes: advance; preliminary; final. GDP is a gross measure of market activity. It represents the monetary value of all the goods and services produced by an economy over a specified period. This includes consumption, government purchases, investments, and the trade balance. The GDP is perhaps the greatest indicator of the economic health of a country. It is usually measured on a yearly basis, but quarterly stats are also released.
The Commerce Department releases an "advance report" on the last day of each quarter. Within a month it follows up with the "preliminary report" and then the "final report" is released another month later. The most recent GDP figures have a relatively high importance to the markets. GDP indicates the pace at which a country's economy is growing (or shrinking).
The FED (the Federal Reserve of USA) is responsible for managing the US monetary policy, controlling the banks, providing services to governmental organizations and citizens, and maintaining the country’s financial stability. There are 12 Fed regions in the USA (each comprising several states), represented in the Fed committee by regional commissioners. The rate of interest on a currency is in practice the price of the money. The higher the rate of interest on a currency, the more people will tend to hold that currency, to purchase it and in that way to strengthen the value of the currency. This is very important indicator affecting the rate of inflation and is a very big market mover. There is great importance to the FOMC announcement, however – the content of the deliberation held in the meeting (and published 2 weeks afterwards) is almost as important for the market players.
Hate losing a trade? Cancel your losing deals with dealCancellation and recover your losses. A unique tool from easyMarkets!
Due to exchange rate fluctuation, the amount to risk, once converted back to the trading account’s base currency, may be different when the deal is cancelled or closed.
Trades with active dealCancellation cannot be cancelled. You may close the position and realise any profits.
Another great benefit of dealCancellation is that if you’ve covered your trade with this feature, and should that trade be stopped out before you cancel it, you will still get the amount to risk of your trade returned to your trading account.
When you cancel your deal, the amount to risk of that trade (your loss) is returned to your trading account.
No, you can only add it when you first set up your trade.
To cancel a deal that has dealCancellation enabled, go to ‘My Open Positions’ and you will see the dealCancellation icon on the deals you have enabled it on.
When you click to ‘close’ the position you are presented with the confirmation screen – at the bottom you will see how many minutes are left to cancel the deal. You may cancel the deal by clicking ‘Cancel Deal’ at the bottom of the screen. If dealCancellation has expired, you will no longer be able to ‘cancel’ the deal but you may ‘close’ it as normal.
Opened trades with dealCancellation still active will appear under “My Open Trades” tab with the dealCancellation icon next to the pair.
By clicking the close button you will be able to see the remaining time for dealCancellation at the bottom of the pop-up window.
Your deal is covered for a set amount of time as shown on the trading ticket. By default this is one hour (60 minutes).
Yes, a small fee based on recent market volatility.
On your trading ticket, click the dealCancellation icon to the ‘On’ position and the cost is clearly stated. Once you click to ‘sell’ or ‘buy’ your deal will be opened with this feature enabled until expiry of dealCancellation (60 minutes time).
You can apply dealCancellation to many of our day trading products including currencies, gold, silver and oil. Note, these are subject to change.
Simply check your trading ticket for the dealCancellation icon to see if it is applicable.
dealCancellation is a feature on the easyMarkets trading platform that gives you the right to cancel the trade up to the expiration time and save your invested amount.
Further information and reading articles to get you started.
What is Negative Balance Protection? Am I covered? In an increasingly volatile forex market, this is one of the most important questions traders can ask. Of course, we are referring to negative balance protection (also termed margin call ), which can prevent a trader from entering into debt. Unfortunately, not every retail forex broker offers negative balance protection. For the inexperienced trader, the lack of margin call can mean the difference between losing money and going into debt. This... read more
Guaranteed Stop Loss In forex trading, the stop loss is an essential risk management tool that every trader should be using. Its effectiveness lies in its simplicity; by specifying their loss limit ahead of time, traders can manage unexpected market behaviour. Unfortunately, many brokers make this simple concept overly difficult to execute. Things like slippage and market gaps often mean that traders cannot set an absolute limit on their potential loss. That’s why guaranteed stop-losses a... read more
Fixed Spreads In today’s forex market, many brokers will try to sell you on the idea of “tight spreads” from as low as 0.1 pips. They conveniently forget to tell you that the 0.1 pip spread you were promised doesn’t apply to most of your trades because of things like market liquidity and trading volumes. If you were one of the countless traders who were promised tight spreads but haven’t received them, keep reading. What is a bid/ask spread? The bid/ask spread (o... read more
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Currency Acronyms and Abbreviations Countries around the world have their own currency and traders learn to quickly recognize those currencies by their three-letter acronym or abbreviation. The two letters at the start refer to the name of the country and the third is the currency. E.g. AUD is the Australian Dollar. This is based on the ISO international standard – 4217. The table below is to assist you when you trade to quickly recognise the currencies. The euro as a standard currency h... read more
Islamic accounts with easyMarkets Access the global financial market and trade with confidence under Sharia compliant conditions. easyMarkets offers Islamic accounts, also known as ‘swap-free’ accounts as no ‘swap’ or ‘rollover’ fees or interest is applied if you hold your trade positions open overnight. How to open your Islamic account Open your trading account with easyMarkets Email us on firstname.lastname@example.org or inform your account service manager to upd... read more