EasyXP, a subsidiary company of Simple Trade, provides an online platform for the trading of binary options. Established in 2008, it has the advantage of being an experienced player in the industry. EasyXP is a reliable name in the field of financial derivatives, with a wide array of assets to trade in and a pre determined payout.
EasyXP is very popular among new traders. The team of expert customer care agents provides one-on-one training to the greenhorn investors. The increasing customer portfolio of the company is also attributed to its quick deposit and withdrawal methods, which is the major issue with most of the binary option traders.
Key Facts
Established: 2008
Head Office: British Virgin Islands
Minimum Deposit: $ 200 or € 200
Maximum Investment: $ 1,000 or € 1,000
Payout: up to 80%
Markets: Foreign Exchange, Indices, Stocks, Commodities
Visit EasyXP Website >>Open a free Live Account >>
Software and User Friendliness
EasyXP is a web based trading platform with an easy to use interface. You do not need to buy any expensive software or advance web application. Considering the technology resistant nature of most of the investors, the website is designed to provide simple and intuitive navigation. All the options are accessible with a single click and all the features are linked with each other.
Security & Reliability
EasyXP has secured a 128 bit SSL (secure sockets layer) certificate from Thawte. It encrypts all the data that is passed over the internet and protects it against cyber crime. SSL is the most reliable security system and is used by a majority of online dealers.
Bonuses & VIP Program
Like other players in the industry, EasyXP also offers bonuses to its new traders. However, the welcome bonus of EasyXP is not fixed in terms of amount or percentage. It depends upon the amount of funds that you initially deposit to open your account. If you open up your account with less than $500, you get 10% bonus, and it increases with the amount of deposit. The maximum percentage that you can earn is 30%, which is applicable when you deposit in between $1000-$5000.
The bonus policy of the company attracts a lot of new traders; however, it does not have any special program for its VIP customers. Affiliations and ‘invite a friend’ bonus are the only options for the existing investors to earn any bonuses.
Special Features
The lengthy procedure for withdrawal is one negative factor which is common in most of the companies in the binary option industry. EasyXp is one of the very few players who are well known for easy and quick withdrawals. You just need to enter the amount you wish to withdraw, on the banking page of your account. The company also offers the facility of supplemental wire withdrawal, which allows you to withdraw money even if your requested amount exceeds the amount deposited through that particular deposit method.
Customer Support
EasyXP is one of those companies that are providing the facility of personalized account manager. The customer support of the company is managed by the expert professionals of AFACT solutions, which is a trusted name in the financial market. Although the company provides a free trader’s guide to all the new users, it gives more importance to personalized assistance.
Our Opinion
When we visited the website, the first thing that caught our attention was the weekly updates of the market. You do not need to keep track of business news and different analyst reports; it is there on the website. If you want to experience world class customer care service and exposure to high profile markets, then we would recommend that you at least open a demo account with EasyXP. With one-on-one training and guidance from a personalized account manager, EasyXP is the best platform for a new trader.