EasyXP Review

EasyXP Logo Max Bonus: 30%

EasyXP

Rating: 1.0/10
EasyXP Home Page Screenshot EasyXP Trading Platform Screenshot
Broker EasyXP
US Traders Accepted
Company Name AFACT SOLUTIONS
Headquarters British Virgin Islands
Regulation No
Bonus Type Match bonus
Bonus Size 30%
Max Payout 85%
Out-of-Money Reward 15%
Trading Platform TechFinancials
Early Closure
Deposit Options Credit/debit cards, wire transfer, Skrill
Deposit Currencies US Dollar, Euro, British Pound
Minimum Deposit $250
Minimum Trade $25
Maximum Trade $1,000
Online Since 2008
Trading Instruments Currencies, stocks, commodities, indices
Number of Trading Instruments 40
Binary Option Types High/Low, One Touch, Boundary, 60 Seconds
Customer Support Types Phone, email, live chat, mail
Education Offered Glossary, FAQ, how-to pages
Tools Offered Early closure, daily highlights and market analysis
Languages English, French
Demo Account No

EasyXP is a binary options websites owned by AFACT SOLUTIONS, a company based in the British Virgin Islands. The same company owns another binary options website called OptionGround, which to all indications is a far superior website. There are some navigational problems with EasyXP, and there is some question as to whether they ever staff their live chat desk. There is also the fact that we did not find a demo account on their site at all, whereas the easy to access demo account system on OptionGround was the primary feature which impressed us. Demo testing can make all the difference in the world between being a failed trader or a profitable one.

Basic Features

Opening a new account takes only a few minutes, at which point you are directed to the deposit page, where you can use credit card, wire transfer or Skrill to deposit in US Dollars, Euros, or British Pounds Sterling. The minimum deposit is $250. There is an Account Types page which indicates that VIP accounts are available, but the benefits listed include higher payouts and nothing else. There do not seem to be any management or training features available. There are match bonuses available for depositing money; they are leverage based and available up to 40% of $5,000. Additional bonus money is provided through a referral program ($50 per friend referred).

There are no fees mentioned for deposits or withdrawals, though there is a confusing bit of text in the withdrawal section which says you must turnover 20 times the amount of the bonus to withdraw “earnings.” This makes it sound like you can’t withdraw anything until you do, but almost certainly this is just poor text, referring to the bonus terms and conditions, not the conditions of all withdrawals. There is a $100 withdrawal minimum for OptionGround, which is one of the detractors of the other website. You want to avoid restrictions like this which make it tough to control your own money.

Trading with EasyXP

There is no mobile interface for EasyXP, and as mentioned previously, no demo account. The platform is TechFinancials, the same software which powers OptionGround and a number of other binary options sites online. There are 40 different currencies, commodities, stocks, and indices that you can trade. High/Low, One Touch, Boundary, and 60 Seconds trades give you a number of different ways to interact with the markets. Early closure is available to help you to control your trades, maximize your losses, and minimize your losses.

Resources and tools are not a strong point for EasyXP. There is a glossary, FAQ, some basic how-to pages, daily highlights and market analysis, early closure, and that’s it. The resources on OptionGround are no better.

Customer Service Availability

Customer service channels include telephone, email, paper mail, and live chat. Customer service availability is questionable in general. If you open the live chat window on a weekday during standard business hours, you get a message telling you that the live chat will be available in “a few hours,” which of course it isn’t. This desk is probably rarely staffed or never staffed, judging from the message and its inaccuracy. This may be a glitch in the website that the company is still working on clearing up.

The reason this seems plausible is that there are other problems with the site. For example, if you are on the trade page and you attempt to navigate to another page, the trade page often just reloads. You have to manually navigate in the URL bar to the home page, and then you can load other site pages again. This was a problem in Google Chrome. We did not test other browsers.

Reputation

It is really hard to find information on other websites about EasyXP, though to be fair this is not the company’s fault, at least not in the typical way. The reason it is hard to find the information is that the company chose its name poorly. If you search for “EasyXP,” most of what you will get will be results pertaining to achieving easy experience points in console games and the like. This is of course completely off topic. Rephrasing the query can pull up results on binary options, but it’s still hard to target information on the site itself.

Not As Good as OptionGround

If you are planning on trading with AFACT SOLUTIONS, first, we strongly suggest that you talk to the customer service team in person first. This is a crucial step in selecting a binary options broker. In the case of AFACT, it seems even more important, since so little is known about them in general.

We also would suggest that you check into OptionGround instead of this website. EasyXP probably is not as far along in development as OptionGround. While the company has been operating since 2008, its websites seem to be newer than that, and still require some work. OptionGround has a dubious withdrawal minimum, but it doesn’t suffer from the same weaknesses in site design or glitches which EasyXP is hampered by.

Most importantly, OptionGround offers a demo account, and EasyXP does not. The demo account on OptionGround is among the best out there, since you don’t need to do anything other than register with an email address to get it up and running. You don’t even need to contact customer service to ask them to do it for you. You just select the demo account when you register, and you automatically are granted virtual funds to play with. You can start placing risk-free trades on the interface immediately. Since all you need to get started is an email address, you can theoretically keep testing and testing until you know you’re ready to trade live confidently and profitably.

There really is no reason to consider trading with EasyXP when OptionGround has so much more to offer. OptionGround is not the only binary options site that offers a demo account either. You also might try checking out TradeRush, Banc De Binary, or 24option. Those sites all offer demo accounts, and they are backed by stronger reputations.

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