easyMarkets

easyMarkets
FormerlyEasy Forex
Company typePrivate
IndustryFinancial services
Founded2001
HeadquartersLimassol, Cyprus
Key people
Koula Lamprou (CEO)[1]
ServicesOnline trading in forex, CFDs, commodities, equities, cryptocurrencies
ParentBlue Capital Markets Ltd
Websitewww.easy-markets.com

easyMarkets (styled in lowercase; formerly Easy Forex) is a privately held online brokerage firm that offers trading in the foreign exchange market (forex) and contracts for difference (CFDs) on commodities, indices, equities, and cryptocurrencies. Founded in 2001, the company is headquartered in Limassol, Cyprus.

The easyMarkets group operates through entities regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities & Investments Commission (ASIC), the Seychelles Financial Services Authority (FSA), the British Virgin Islands Financial Services Commission (FSC), and South Africa's Financial Sector Conduct Authority (FSCA). It previously operated under U.S. registration (2005–2013) and held authorisation in the United Kingdom, which was withdrawn in 2022.

easyMarkets has used sports sponsorships as part of its marketing, including a partnership with Real Madrid C.F.. It has also been involved in legal disputes, including litigation and a police investigation in Israel in the late 2000s and early 2010s in connection with allegations about its trading practices.

History

easyMarkets was founded in 2001 under the name Easy Forex.[2] The firm expanded to Australia in 2003.[3] In 2005, it introduced a tool known as Freeze Rate, allowing users to lock in exchange rates briefly during volatile market periods.[4]

In 2007, Easy Forex Trading Ltd received regulatory authorisation from CySEC under the MiFID framework.[5] The following year, the company gained approval to operate in the United States.[6] However, between 2010 and 2013, Easy Forex ceased operations in the United States, following increased capital requirements for retail forex dealers. It surrendered its U.S. licenses and exited the market.[7][8][9]

In January 2016, Easy Forex rebranded as easyMarkets as its product range expanded beyond forex.[10] In the same year, it launched dealCancellation, a risk-management feature that allows clients to cancel a trade within a specified time window for a fee.[11]

In subsequent years, the company expanded its offering to include CFDs on equities and digital assets. In 2018, easyMarkets discontinued its Poland operations following changes in leverage rules for retail CFD trading.[12] In 2020, it obtained a license from the Seychelles FSA.[13] It also entered a sponsorship arrangement with Real Madrid C.F. in 2020; the club announced that the partnership was renewed in December 2024.[14]

In 2021, the broker launched a micro-bitcoin (μBTC) account and implemented workforce reductions, reported as a response to reduced performance.[15][8] That same year, it added access to U.S. and European stocks through MetaTrader 4 and integrated the TradingView platform.[16][17] In 2022, it was granted regulatory status in the British Virgin Islands and expanded its MetaTrader 5 offering to include variable spreads, as well as additional cryptocurrency and equity instruments.[18][19][4]

In June 2024, easyMarkets launched ai.easymarkets.com, described as an AI-based tool intended to assist users with market analysis.[20] In August 2024, the firm received a license from the FSCA in South Africa.[21] By 2025, easyMarkets reported offering over 275 instruments across multiple asset classes.[22][17]

Operations

easyMarkets is owned by Blue Capital Markets Ltd, a Cyprus-incorporated holding company.[23] The group operates through multiple regulated entities, including Easy Forex Trading Ltd in Cyprus (authorised by CySEC)[24] and easyMarkets Pty Ltd in Australia (an ASIC Australian Financial Services Licensee, AFSL 246566).[25] The broker has also operated under offshore licensing arrangements in the Seychelles (FSA) and the British Virgin Islands (FSC), and received an operating licence from South Africa's FSCA in 2024.[26] easyMarkets does not operate in the United States, having exited the market in 2013 after regulatory changes increased capital requirements for retail forex dealers.[7]

The company offers retail trading in foreign exchange and CFDs on commodities, indices, equities, and cryptocurrencies. Its platforms include a proprietary web interface and mobile applications, as well as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and integration with TradingView.[16] Since 2024, the company has also introduced an AI-powered tool to assist users with market analysis.[20]

easyMarkets offers easyTrade, a simplified interface that allows users to set a predefined risk amount and potential payout without using margin or stop-loss settings.[4] It also offers vanilla options trading on selected currency pairs and commodities.[27]

The broker markets several risk-management features aimed at retail traders, including fixed spreads, guaranteed stop-loss orders on certain platforms, and negative balance protection. The dealCancellation function allows users to cancel a trade within a fixed time window after execution, subject to a fee.[11]

In August 2025, easyMarkets' chief marketing officer, Garen Meserlian, moved into the chief operating officer role.[28]. In late November 2025, Koula Lamprou was appointed as the company CEO.[1]

Sponsorships

EasyMarkets has used sports sponsorships and promotional campaigns as part of its marketing strategy.

In the early 2010s, the company (then branded as Easy Forex) sponsored the Canterbury-Bankstown Bulldogs of Australia's National Rugby League.[29][30]

In August 2019, easyMarkets signed a three-year front-of-shirt sponsorship deal with the Spanish football club Real Betis Balompié.[31][32] In September 2020, easyMarkets signed a three-year sponsorship agreement with Real Madrid C.F., becoming the club's official online trading partner.[33] In December 2024, Real Madrid C.F. announced that the partnership had been renewed.[34]

In 2024, easyMarkets announced the return of the xBar Cup for 2025, a freestyle football competition run by the broker as a promotional campaign.[35]

Israel lawsuits and investigation

In November 2007, Globes reported that a lawsuit against Easy Forex alleged that the company paid brokers incentives when clients lost money and penalised them when clients profited. The company said it warned customers about the risks of foreign exchange trading.[36]

In June 2010, Finance Magnates reported that several former clients filed a lawsuit in Israel alleging, among other things, that the broker provided misleading investment guidance and manipulated price quotes to cause losses. The report said one plaintiff claimed to have joined the company as an employee and made audio recordings that were cited in the lawsuit.[37] The allegations were also covered by the Israeli financial newspaper Calcalist, which described recorded statements and excerpts from the court filings, including claims about employee incentives linked to client losses and an estimate cited in the filings that a large majority of clients lost money.[38]

In 2011, Globes reported that the Israel Police were investigating allegations of fraud against Easy Forex in connection with a class action suit seeking NIS 500 million in damages, and that the plaintiffs argued the company profited from client losses.[39] Finance Magnates reported that a criminal investigation had been opened after a customer complaint, but that police later notified the complainant the case had been closed for "lack of criminal guilt". The report said an appeal sought renewed enforcement and that police subsequently formed a task force to revisit the matter.[40] In another lawsuit, two former customers (Benjamin Tiktuk and Arie Levy Dash) sued for NIS 2 million and said they had not been aware that Easy Forex acted as the counterparty to most transactions on its trading system.[41]

In a 2014 overview, Finance Magnates described Easy Forex as repeatedly involved in Israeli litigation and cited Israeli press reporting about out-of-court settlements in some related proceedings.[42] For example, according to Haaretz, a client (Dr. Dan Haronian) sued Easy Forex after losing about $500,000, and the matter was reported as having been settled out of court for roughly the same amount.[43]

Trademark dispute with EasyGroup

In 2024, EasyGroup (associated with easyJet) brought trademark infringement and passing off proceedings in Ireland against Easy Forex Trading Limited and Blue Capital Markets Limited (trading as easyMarkets). The High Court declined jurisdiction, holding that Ireland was not the appropriate forum and that the evidence did not establish targeting of Irish consumers sufficient to ground the claim there, and the proceedings were dismissed without a decision on the merits of the trademark claim.[44][45]

References

  1. ^ a b "easyMarkets leadership transition sees departure of CEO Nikos Antoniades". FX News Group. 2025-11-25. Retrieved 2026-02-02.
  2. ^ "easyMarkets Named Best Forex/CFD Broker at TradingView Broker Awards 2023". Finance Magnates. 2024-02-19. Retrieved 2025-04-30.
  3. ^ "Current details for ABN 73 107 184 510 (EASYMARKETS PTY LTD)". Australian Business Register. Retrieved 2026-02-02.
  4. ^ a b c "High Trading Volumes Amid Market Shifts: easyMarkets Q2 2024". Finance Magnates. 2024-07-31. Retrieved 2025-04-30.
  5. ^ "Easy Forex Trading Ltd". CySEC. Retrieved 2025-04-09.
  6. ^ "BASIC | NFA". www.nfa.futures.org. Retrieved 2025-07-24.{{cite web}}: CS1 maint: deprecated archival service (link)
  7. ^ a b "CFTC Posts February FCM Financials - Easy Forex Exits the US". Finance Magnates. 2013-04-12. Retrieved 2025-04-09.
  8. ^ a b Saks McLeod, Andrew (2014-01-19). "Exclusive: Easy Forex Wields The Axe As Series Of Employees Are Made Redundant". Finance Magnates. Retrieved 2025-04-30.
  9. ^ "Easy Forex to withdraw its status as a US clearing FDM". Finance Magnates. 2010-07-19. Retrieved 2025-04-30.
  10. ^ "EasyForex rebranding as EasyMarkets". LeapRate. 2016-01-20. Retrieved 2025-04-29.
  11. ^ a b Abdel-Qader, Aziz (2016-10-03). "Exclusive: Undo Your Losing Trade! easyMarkets CEO Discusses dealCancellation". Finance Magnates.{{cite web}}: CS1 maint: deprecated archival service (link)
  12. ^ Abdel-Qader, Aziz (2018-05-29). "Exclusive: easyMarkets Closes Polish Branch 'Easy Forex Trading Sp Zoo'". Finance Magnates. Retrieved 2025-07-24.
  13. ^ "easyMarkets Acquires Third Regulatory License from FSA Seychelles". Finance Magnates. 2020-09-16. Retrieved 2025-07-24.
  14. ^ "easyMarkets and Real Madrid renew collaboration agreement". www.realmadrid.com. Retrieved 2025-07-24.
  15. ^ "easyMarkets Launches μBTC Account". Finance Magnates. 2021-05-31. Retrieved 2025-04-09.
  16. ^ a b "easyMarkets Adds US and European Listed Shares on MT4". Finance Magnates. 2021-06-03. Retrieved 2025-04-09.
  17. ^ a b "easyMarkets integrates with TradingView platform". FX News Group. 2021-10-11. Retrieved 2025-04-09.
  18. ^ "Ohad Golan Steps Down as easyMarkets CMO". Finance Magnates. 2023-01-02. Retrieved 2025-04-09.
  19. ^ "easyMarkets Gains a New License from British Virgin Islands Regulator". Finance Magnates. 2021-06-10. Retrieved 2025-04-09.
  20. ^ a b "iTWire - Introducing easyMarkets Ai: instant, real-time market analysis". itwire.com. 2024-06-07. Retrieved 2025-07-24.{{cite web}}: CS1 maint: deprecated archival service (link)
  21. ^ Kirui, Jared (2024-08-06). "South Africa's Regulator Approves easyMarkets Operating License". Finance Magnates. Retrieved 2025-04-29.
  22. ^ "easyMarkets Wins 'Broker of the Year 2024' and TradingView's 'Best of the Best'". Financial and Business News | Finance Magnates. 2025-02-07. Retrieved 2025-07-24.{{cite web}}: CS1 maint: deprecated archival service (link)
  23. ^ "EasyJet firms can't sue Cyprus company in Ireland for using 'easy' in title". Breaking News. 2024-10-16. Retrieved 2025-04-29.
  24. ^ "Easy Forex Trading Ltd". CySEC. Retrieved 2026-02-02.
  25. ^ "ASIC Professional Registers – EASYMARKETS PTY LTD (AFSL 246566)". ASIC. Retrieved 2026-02-02.
  26. ^ "Exclusive: easyMarkets gets South Africa FSCA license". FX News Group. 2024-08-06. Retrieved 2026-02-02.
  27. ^ "easyMarkets Review: What Are the Award-Winning Broker's Weaknesses?". Commodity.com. Retrieved 2025-07-24.{{cite web}}: CS1 maint: deprecated archival service (link)
  28. ^ "easyMarkets Moves Chief Marketing Officer Garen Meserlian Into Chief Operating Officer Role". Finance Magnates. 2025-08-27. Retrieved 2026-02-02.
  29. ^ "Bulldogs sign season-ending shorts sponsor". SportsPro. 2012-07-20. Retrieved 2026-02-02.
  30. ^ "easyMarkets Celebrates 20+ Years of Excellence in the Australian Financial Market". Finance Magnates. 2024-05-20. Retrieved 2025-04-30.
  31. ^ "Real Betis secure €2m-a-year shirt sponsorship with Easy Markets". SportsPro. 2019-08-19. Retrieved 2026-02-02.
  32. ^ Skinner, Celeste (2019-08-19). "easyMarkets Inks Sponsorship Deal with Real Betis Balompié". Finance Magnates. Retrieved 2026-02-02.
  33. ^ "easyMarkets to sponsor Real Madrid: Official Online Trading Partner". FX News Group. 2020-09-01. Retrieved 2026-02-02.
  34. ^ "easyMarkets and Real Madrid renew collaboration agreement". Real Madrid. 2024-12-19. Retrieved 2026-02-02.
  35. ^ "easyMarkets Launches xBar Cup 2025 with Grand Finale at Real Madrid Valdebebas". Finance Magnates. 2024-10-18. Retrieved 2026-02-02.
  36. ^ "Suit alleges Easy Forex rewards brokers for client losses". Globes. 2007-11-19. Retrieved 2025-04-30.
  37. ^ Greenberg, Michael (2010-06-22). "Easy Forex slapped with a large lawsuit by a former client". Finance Magnates. Retrieved 2025-04-30.
  38. ^ Sheffer, Hadas (2010-06-16). "מאחורי הקלעים של חברת הפורקס הגדולה בישראל: "יותר מ-90% מהמשקיעים מפסידים"". Calcalist. Retrieved 2025-04-30.
  39. ^ "Police probe alleged fraud by Easy Forex". Globes. 2011-06-14. Retrieved 2025-04-29.
  40. ^ Greenberg, Michael (2011-06-14). "Easy Forex put under criminal investigation". Finance Magnates. Retrieved 2025-04-29.
  41. ^ "Police probe alleged fraud by Easy Forex". Globes. 2011-06-14. Retrieved 2025-04-29.
  42. ^ Mizrahi, Avi (2014-09-14). "Easy Forex Might Face 500 MLN Shekel Class Action Lawsuit, Israeli Paper Estimates". Finance Magnates. Retrieved 2025-04-29.
  43. ^ Menahem, Sarit (2011-01-25). "Bottom Shekel Monte Carlo on the Yarkon". Haaretz. Retrieved 2026-02-01.
  44. ^ "High Court: Commercial Court declines jurisdiction of easyJet intellectual property case". Irish Legal News. 2024-10-17. Retrieved 2026-02-01.
  45. ^ "High Court in Dublin refuses to hear case against company over use of 'easy' in name". The Irish Independent. 2024-10-17. Retrieved 2026-02-01.