EazzyFx - Equity Bank, Online Forex Trading Platform: Register Now

EazzyFx - Equity Bank, Online Forex Trading Platform: Register Now

 Equity Bank Kenya has launched an online Forex Trading Platform, which will make buying and selling currencies in Kenya easier. More information on how to open an account and get started is provided below.

What is EazzyFx?

EazzyFX is a real-time forex trading platform that allows you to trade in real time while also providing convenience and security. Equity Bank Group Limited manages it, and Thomson Reuters' Refinitiv powers it. On Tuesday, November 27th, 2018, EazzyFx was officially launched.

https://eazzy.fx.com/client/#/login.

What Can I Do With EazzyFX?

EazzyFX allows you to do the following things:

1. Dealing with streaming rates in a single click
2. Real-time execution
3. Request for quotations (RFQ) for any FX transaction amount
4. You can gain access to a complete trade workflow.
5. Make several trade orders.

How to Register for EazzyFX Trading Account

To open an account with EazzyFX and begin trading;

1. Please go to: https://eazzy.fx.com/client/
2. Enter your company name, official names, ID number, and email address.
3. You will be contacted by phone or email.
4. Following that, you will be sent a username (USER ID) and password that will allow you to log in at: https://eazzy.fx.com/client/#/login.
5. You will then be prompted to reset your password and accept the terms.
6. After successfully logging in, you will be directed to your workstation.

This is the point at which the real game begins. You are now ready to begin trading forex with EazzyFX.

NOTE: Keep away if you have no experience with currency trading. This is not a game for children.

EazzyFX terminologies and their meanings

These are some of the Forex trading jargons you should be familiar with.

1. Currency is abbreviated as CCY. CCY 50, for example, could mean Ksh. 50.
2. Foreing Exchange (FX)
3. EMIR stands for European Market Infrastructure Regulation.
4. RFQ stands for Request for Quotation.

EazzyFx Contacts

If you have any questions or concerns, please contact the EazzyFX team using the information provided below.

1. Email:TMU@equitybank.co.ke
2. Phone Number: 0763026944/45 or +2547063000

Qn & Answ

What is EazzyFX?

EazzyFX is an electronic trading platform for corporations and small and medium-sized businesses that provides automated foreign exchange rates.

What is Forex equity?

In Forex trading, equity is simply the total value of a trader's account. When a Forex trader has active positions in the market (open trades), the equity on the FX account is the sum of the margin put up for the trade from the FX account plus any unused account balance.

Where can I learn online Forex in Kenya?

The Citel Institute of Business & Technology provides unparalleled access to global markets while providing local support. CFDs on currency pairs, commodities, indices, and metals are available. Begin trading forex with the best online forex broker in Kenya.

What if equity is negative Forex?

What exactly is negative equity? Negative equity occurs when a trade is so unprofitable that it wipes out your account. Yes, such things do happen; equity and balance in Forex can be extremely tricky. Assume you have a balance of $1000 and open a trade for $500 in USD/JPY.

Can Forex Trading Make You Rich in Kenya?

Forex trading is a high-risk method of generating income. Profits in the forex market are not guaranteed, and roughly 60% of all forex traders lose more money than they gain. This is due to the fact that forex markets are notoriously volatile.

How much do you need to start forex in Kenya?

The minimum that many brokers generally offer is $5 (with Hotforex, FXPesa Kenya, and XM Trading), but we recommend that you open a trading account with a minimum of $500.

Is Equity Bank a good bank?

Equity Bank has a SmartAsset rating of 4.3 stars out of 5, indicating that it is an excellent choice that should be seriously considered. Equity Bank offers a full range of products to its customers, including savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products, and credit cards.

Does XM allow MPesa?

Hotforex is a low-cost forex broker that accepts MPesa payments. XM Forex is an MPesa-accepting broker with a zero-commission policy. Exness – Forex Trading with a Low Spread Using MPesa. Market Scope Kenya – A local forex broker that accepts MPesa.

How many forex traders are there in the world in 2022?

There are approximately 12 million forex traders in the world today. 23. Of those 10 million, 3.5 million are in Asia, and 2 million each in Europe and North America.

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