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EasyTradeSuspected of fraud

EasyTrade

1.55
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.
Support Languages
Chinese, English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

EasyTrade is an online broker that claims to offer forex, stock, index, cryptocurrency, and contract for difference (CFD) trading services. Its website claims to be headquartered in London, UK, and it claims to provide a "transparent, fair, and efficient trading experience" for global investors. However, public information and third-party database searches have not revealed any valid registration information for EasyTrade with the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or other major regulatory bodies.

While the platform's marketing emphasizes low spreads, high leverage, and intelligent trading technology, it fails to provide any independently audited technical reports or proof of trade execution, nor does it provide regulatory disclosures or custodian bank statements. This raises serious questions about its legitimacy and fund security. Overall, EasyTrade appears to be an offshore platform operating under a marketing umbrella, making its compliance and true business structure difficult to verify.

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🌐Global layout and brand background

EasyTrade's official website claims to offer services across multiple regions, including Europe, Asia, and the Middle East, and displays a multilingual interface and multi-currency support. However, an investigation reveals that the company has no registered office or license number in any country. The addresses listed for its "Global Customer Support Center" are often fictitious or have no physical office records.

Looking at EasyTrade's brand history, its domain name is relatively recent, its corporate background is unclear, and no information has been disclosed about its investors or parent company. The lack of physical office space and company registration information is a typical risk factor, suggesting that its so-called "international presence" is more promotional than anything else. For investors, this lack of transparency in the brand structure can easily mask potentially high-risk operations.



💹Trading products and services

EasyTrade claims to offer a diverse range of trading products, including forex currency pairs, precious metals, energy, commodities, global indices, and cryptocurrency CFDs. However, its platform terms and conditions do not clearly define the trading conditions, spread ranges, minimum contract sizes, and slippage control rules for each product.

Users on external forums and review websites have reported that EasyTrade's quotes fluctuate frequently, experience significant slippage, and experience significant order execution delays. Forced liquidations and unexpected disconnections are common, especially during periods of high market volatility. Furthermore, the platform fails to disclose its liquidity providers (LPs) and lacks any regulatory body to oversee trading transparency. These issues are common with unregulated or fraudulent forex platforms , prompting investors to exercise extreme caution.



💻Trading technology and platform experience

EasyTrade claims on its official website that it uses "advanced WebTrader and MetaTrader platforms" and supports automated and mobile trading. However, upon actually accessing its system interface, it was discovered that its trading terminal is a standard web interface disguised as a website, significantly different from the genuine MetaTrader 4/5 programs.

Some users have reported serious issues with the platform, including "unable to log in to accounts," "market lag," and "unresponsiveness to position close instructions." More notably, the location of EasyTrade's trading servers is not disclosed. DNS information indicates that the server is hosted offshore, making it highly likely to be a private, fake trading environment.
For investors, such unofficial terminals mean that prices may be controlled by the platform's backend, and the transaction results are not real market matching.



🛡️Regulatory compliance and fund security

Regulation and fund segregation are core criteria for a broker's credibility, but EasyTrade completely fails in this regard. Its official website lacks any regulatory number or license documentation, nor does it provide the name of the bank where client funds are held, a statement of segregated accounts, or information on its insurance policies.

Upon inquiry, EasyTrade does not appear on the regulatory lists of authoritative regulators, including the UK FCA, Cyprus CySEC, Australia ASIC, South Africa FSCA, and Mauritius FSC. In other words, the platform lacks any official regulatory backing, and any claims of being "regulated" or "licensed" are self-declared.

In addition, the platform's privacy policy and terms vaguely state that "the company reserves the right to freeze accounts and delay payments," which means that the security of investors' funds depends entirely on the platform's own control. Once the company ceases operations or refuses withdrawals, users will not be able to seek legal means to recover their funds .



⚡Trading conditions and experience

The EasyTrade website advertises leverage of up to 1:500 and a "zero commission" model, but provides no detailed explanation of the spread source and true cost structure. While high leverage can attract speculators, it also poses a significant risk of liquidation, especially on unregulated platforms.

Multiple user reports indicate that the platform engages in malicious spread widening, false stop-loss execution, and abnormal account balance deductions. Unlike regulated brokers, EasyTrade lacks any independent third-party price verification mechanism, and its so-called "market direct connection" trading mechanism is highly unreliable. Overall, the platform's trading environment lacks transparency and stability, and does not meet real market execution standards.



🎓Customer support and value-added services

EasyTrade offers online chat and email customer service, but response rates are extremely low. Many users report receiving automated responses or being transferred to "advisors" who try to trick them into adding funds. The company's so-called "educational resources" and "market analysis reports" are often templated promotional materials with no real investment guidance.

The platform also failed to disclose team information or analyst qualifications, and some content contained false citations from third-party organizations. The overall customer service system was more sales-oriented than service-oriented, lacking professionalism and customer protection mechanisms required by regulatory compliance.

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⚠️Risk Warning and Platform Positioning

Forex and CFD trading are inherently high-risk products, and investors can lose all their capital. EasyTrade does include a "Risk Disclosure Statement" in the footer of its website, but the content is merely a generic template and does not explain its risk management policies or compensation mechanisms.

Judging from its brand structure, trading system, regulatory disclosures and customer feedback, EasyTrade is a high-risk unregulated broker .
Such platforms usually attract investors to deposit funds by promoting high leverage and high returns, but when withdrawal requests or account profits arise, they often delay or even refuse to pay for various reasons.
Therefore, investors should remain highly vigilant before contacting such platforms and avoid conducting any financial operations in an environment without regulatory protection.



🔍Comprehensive analysis and evaluation

Based on information from various sources and market feedback, EasyTrade has the following significant issues:

  • Unverifiable company registration and regulatory information;

  • Fake platform technology and low-quality trading environment;

  • Difficulties in withdrawing funds and frequent customer complaints;

  • Customer service is not responsive and lacks professional support.

Although EasyTrade's website design is sophisticated and its marketing copy is professional, its actual operating foundation and risk control capabilities are far below industry standards.
This platform is most likely an overseas registered, unregulated, high-risk speculative website . Investors should avoid depositing funds or conducting trading operations.

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Selected Enterprise Evaluation

1.00

Total 2 comments
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1.00
EasyTrade presents itself as a modern and globally oriented trading platform, but in reality, it lacks the fundamental transparency required of a legitimate broker. The company fails to disclose any verifiable regulatory license, registered office, or client fund segregation policy. Reports of withdrawal delays, unresponsive customer service, and questionable trading execution further erode its credibility. Overall, EasyTrade appears to operate more as an unregulated offshore entity than as a trustworthy financial institution.

Reply

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1.00
Despite its sleek website design and promotional claims of “fair and fast trading,” EasyTrade offers no tangible proof of compliance, fund safety, or real market execution. The lack of regulatory oversight, combined with unrealistic leverage and vague legal disclosures, positions this broker among high-risk platforms that may prioritize deposits over genuine client protection. Caution is strongly advised, as EasyTrade’s structure and operations suggest a potentially deceptive business model rather than a legitimate brokerage service.

Reply

~ There's nothing more ~

About EasyTrade's questions

01

Ask:Is EasyTrade regulated by any authoritative financial regulator?

Answer:To date, EasyTrade has no valid registration information found in major regulatory databases, including the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Although its official website claims to be "regulated by international financial institutions," it does not provide any verifiable regulatory numbers or license documents. This means that the platform is highly likely unregulated or offshore, a high-risk trading platform. In the event of a fund dispute or withdrawal denial, investors will not be able to obtain protection or compensation from any regulatory agency.

02

Ask:Is EasyTrade's deposit and withdrawal process safe and reliable?

Answer:Although EasyTrade advertises "fast deposits and flexible withdrawals" on its website, actual user feedback indicates withdrawal delays, some fund rejections, and account freezes. The platform does not disclose the banks where client funds are held or whether it utilizes segregated accounts. Unlike regulated brokers, EasyTrade lacks third-party payment escrow or fund insurance. This puts investors' funds at risk of irrecoverable loss should the company cease operations or refuse to pay. Therefore, the platform's deposit and withdrawal security is significantly below industry standards, and investors should exercise caution.

03

Ask:Is the high leverage account offered by EasyTrade suitable for ordinary investors?

Answer:EasyTrade offers leverage ratios as high as 1:500, far exceeding the safety limits permitted by regulatory authorities (such as the UK and the EU). While high leverage can magnify profits, it can also rapidly magnify losses during market fluctuations, even leading to margin calls. More seriously, EasyTrade does not offer negative balance protection, nor does it clearly explain its risk management mechanisms. This means that in extreme market conditions, investors could not only lose their entire principal but also face the risk of account defaults. Overall, the platform's high-leverage accounts appear to be a gimmick to attract deposits and are not suitable for average investors.