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EasyForex -

Suspicious Clone

Score

1.55 /10

Danger

EasyForex

Item: EasyForex
Rating: 1.55

Australia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.easyforex.com.au

Influence

Add brokers

Comparison

Quantity 2

Exposure

Time Machine

Website

Score

Regulatory Index0.00

Business Index7.29

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine

Website

Licenses

ASIC Suspicious Clone

Market Maker (MM)

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Broker Information

Company Name

Pixel Brands Pty Ltd

Company Abbreviation

EasyForex

Platform registered country and region

Australia

Company website

https://www.easyforex.com.au

Facebook

https://www.facebook.com/easyforexau/

Company summary

Pyramid scheme complaint

Expose

EasyForex · Company summary

EasyForex Review Summary
Founded	2025
Registered Country/Region	Australia
Regulation	ASIC (Suspicious Clone)
Market Instruments	Forex, cryptos, metals, commodities, indices, options
Demo Account	❌
Leverage	/
Spread	From 1.8 pips
Trading Platform	MT4, MT5, The easyMarkets Mobile App
Minimum Deposit	$200
Customer Support	24/7 support
	Contact form
	Social media: Facebook, Youtube

EasyForex Information

EasyForex is a suspicious clone broker, offering trading on forex, cryptos, metals, commodities, indices and options with spread from 1.8 pips on MT4, MT5 and the easyMarkets Mobile App trading platform. The minimum deposit requirement is $200.

Pros and Cons

Pros	Cons
MT4 and MT5 platforms	Wide spreads
No deposit/withdrawal fees	Suspicious clone ASIC license
	No demo accounts
	High minimum deposit requirement

Is EasyForex Legit?

EasyForex is licensed by ASIC to offer services, but suspicious clone. EasyForex provides negative balance protection to protect their clients' fund security.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Australia Securities & Investment Commission (ASIC)	Suspicious Clone	EASYMARKETS PTY LTD	Market Maker (MM)	000246566

What Can I Trade on EasyForex?

EasyForex offers trading on forex, cryptos, metals, commodities, indices and options.

Tradable Instruments	Supported
Forex	✔
Cryptos	✔
Metals	✔
Commodities	✔
Indices	✔
Options	✔
Stocks	❌
Bonds	❌
ETFs	❌

Account Type

Here are three account types EasyForex offers:

Account Type	Minimum Deposit
Standard	$200
Premium	$3,000
VIP	$10,000

Leverage

EasyForex has not clearly provided the leverage it offers. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

EasyForex Fees

EasyForex's spread is from 1.8 pips and commission-free.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
The easyMarkets Mobile App	✔	iPhone, Windows Mobile and Android	/
MT4	✔	Web	Beginners
MT5	✔	Web	Experienced traders

Deposit and Withdrawal

EasyForex accepts payments via credit and bank wire. No fees for deposits and withdrawals.

Check whenever you want

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Warning: Low score, please stay away! 4

Previous Detection : 2025-06-30

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

EasyForex

Australia

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Benchmark	--
Maximum Leverage	--
Minimum Deposit	$200+ AUD
Minimum spread	--
Products	--

Currency	--
Minimum position	--
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	No

Exposure

2 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to Withdraw

Unable to withdraw

You can profit at first and then you should keep depositing money to withdraw funds.

H96506

2021-05-30 21:02

Scam

Induced Fraud

At first, everything went well. But when I was going to withdraw funds, they told me that I had to deposit some more to pay taxes

FX1155464578

2021-06-07 07:41

EasyForex · Company summary

EasyForex Review Summary
Founded	2025
Registered Country/Region	Australia
Regulation	ASIC (Suspicious Clone)
Market Instruments	Forex, cryptos, metals, commodities, indices, options
Demo Account	❌
Leverage	/
Spread	From 1.8 pips
Trading Platform	MT4, MT5, The easyMarkets Mobile App
Minimum Deposit	$200
Customer Support	24/7 support
	Contact form
	Social media: Facebook, Youtube

EasyForex Information

Pros and Cons

Pros	Cons
MT4 and MT5 platforms	Wide spreads
No deposit/withdrawal fees	Suspicious clone ASIC license
	No demo accounts
	High minimum deposit requirement

Is EasyForex Legit?

EasyForex is licensed by ASIC to offer services, but suspicious clone. EasyForex provides negative balance protection to protect their clients' fund security.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Australia Securities & Investment Commission (ASIC)	Suspicious Clone	EASYMARKETS PTY LTD	Market Maker (MM)	000246566

What Can I Trade on EasyForex?

EasyForex offers trading on forex, cryptos, metals, commodities, indices and options.

Tradable Instruments	Supported
Forex	✔
Cryptos	✔
Metals	✔
Commodities	✔
Indices	✔
Options	✔
Stocks	❌
Bonds	❌
ETFs	❌

Account Type

Here are three account types EasyForex offers:

Account Type	Minimum Deposit
Standard	$200
Premium	$3,000
VIP	$10,000

Leverage

EasyForex Fees

EasyForex's spread is from 1.8 pips and commission-free.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
The easyMarkets Mobile App	✔	iPhone, Windows Mobile and Android	/
MT4	✔	Web	Beginners
MT5	✔	Web	Experienced traders

Deposit and Withdrawal

EasyForex accepts payments via credit and bank wire. No fees for deposits and withdrawals.

News

NewsEasy-Forex is now easyMarkets

easy-forex® is a pioneer online-currency-trading group that was founded in 2001, and has revolutionized currency trading in over 160 countries ever since. In 2016 easy-forex rebranded as easyMarkets.

WikiFX

2021-12-08 11:55

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User Reviews

User comment

Comments

Write a review

Stanley Lim

more than one year

I was pleasantly surprised that EasyForex does not charge trading commissions, which greatly reduced my trading costs. But the suspected cloning of its regulators worries me a little.

Translate to English

2024-07-02 15:59