EASY TRADING ONLINE Broker Exposed: What Are Other Traders Saying About This Broker?

EASY TRADING ONLINE is an Australian registered forex and CFD broker offering trading in currencies, commodities, indices, stocks and cryptocurrencies. Despite its advertised trading services, its WikiFX profile raises concerns about client experiences and regulatory transparency.

WikiFX assigns EASY TRADING ONLINE a score of 5.17 out of 10 and warns that the score has been lowered because of unresolved client complaints. The platform has recorded eight user complaints against the broker, advising investors to exercise caution.

Have you traded with EASY TRADING ONLINE broker? Share your reviews and experiences on WikiFX: https://www.wikifx.com/en/dealer/1882511075.html. Your feedback could help other investors make more informed decisions.

Contents

01

Withdrawal Delays and Account Restrictions

02

Disputed Profits and Frozen Accounts

03

What Does the WikiFX Field Survey Show?

04

Regulatory Concerns and Overall Assessment

Withdrawal Delays and Account Restrictions

Several complaints displayed on WikiFX concern delayed or unsuccessful withdrawals.

One user reported that a withdrawal had remained unresolved for an extended period, while another claimed that a withdrawal of USD 4,000 had not arrived after being requested in March. Other users described difficulties withdrawing funds and frustration with customer support responses.

A separate complaint alleged that withdrawal difficulties had become increasingly frequent, with explanations reportedly involving fund controls during the Chinese New Year period or requests to use alternative withdrawal channels.

These reports raise questions about the withdrawal experience described by some users. However, they are individual allegations published on WikiFX and should not be treated as independently established findings about every client account.

Disputed Profits and Frozen Accounts

Other complaints focus on account restrictions and deductions from trading profits.

One user alleged that the platform deducted profits earned using a trend following trading strategy. The user disputed the platforms handling of the trades and requested the return of the deducted funds, a written explanation and restoration of account access.

Another reviewer reported that an account became invalid after the user tested a withdrawal, allegedly leaving open trades inaccessible. A further complaint described difficulties withdrawing funds while the account holder was unable to obtain a satisfactory resolution.

If substantiated, such incidents could affect traders ability to access funds and manage trading positions. Prospective clients should therefore review account terms, prohibited trading practices and withdrawal procedures before opening an account.

What Does the WikiFX Field Survey Show?

WikiFX has a field survey record titled Easy Trading Online Joins in Wiki Finance Expo Hong Kong 2024. The record identifies the event as taking place on May 17, 2024, at the brokers booth D7.

However, this record documents the brokers participation in an industry exhibition. It is not a negative office inspection, nor does it establish that the broker lacked a physical office or operated illegally. No negative physical office finding is established by this particular survey record.

The distinction matters when assessing the EASY TRADING ONLINE broker because an exhibition appearance should not be interpreted as proof of regulatory compliance or as evidence that complaints have been resolved.

Regulatory Concerns and Overall Assessment

WikiFX lists EASY TRADING ONLINE PTY LTD under ASIC Derivatives Trading License 346282, while a separate Appointed Representative record, number 001304951, is marked unverified. The brokers website also discloses an offshore license held by Easy Trading Online Ltd in the Comoros.

These arrangements should be checked carefully to establish which entity is responsible for a clients account and what protections apply.

The eight complaints recorded by WikiFX, particularly those involving withdrawal delays, disputed deductions and account restrictions, deserve attention. Although complaints alone do not prove misconduct, they provide relevant information for investors assessing risk.

Before proceeding with regulation EASY TRADING ONLINE, prospective clients should verify the license directly with the relevant authority, confirm the contracting entity and retain records of deposits, withdrawals and communications. The current WikiFX warning and score indicate that further due diligence is advisable before committing funds.