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Easy Line Pro Review - is it scam or safe?

Easy Line Pro Review - is easylinepro.com scam or good forex broker?

RATING: 1 / 6 REVIEWS Easy Line Pro
Easy Line Pro is an offshore broker. Your money is not safe.

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Trading Accounts and Conditions

 

Account type Minimum deposit Maximum leverage Average Spread
Micro $500 1:200 N/A
Mini $2 500 1:200 N/A
Silver $10 000 1:200 N/A

 

Easy Line Pro is a hybrid type of broker, providing both forex and binary options trading trading services. It offers 6 account types – the ones listed above, as well as three VIP ones, which we left out because of the high initial deposits required ($50 000 and more). As you can see from the table above, the broker does not share much information about its trading conditions, we only know what leverage levels are provided and the minimum initial investments required.

 

 

Easy Line Pro Advanatges:

 

-Many instruments available for trade

One of the few strong sides of Easy Line Pro we could think of is that its product portfolio is rich and diversified. The broker offers trading innforex pairs, CFDs on indices, commodities, bonds, ETFs, as well as Bitcoin and other cryptocurrencies.

 

If you are part of the Bitcoin mania, you’d better trade in digital assets with a reliable broker or at a regulated exchange, instead at Easy Line Pro.

 

 

>> Tightly regulated brokers offering Bitcoin trading <<

 

 

- Reasonable leverage levels

Easy Line Pro provides leverage up to 1:200, which is the industry’s average. If you need higher leverage ratios, check out the link below.

 

 

>>Brokers offering leverage of 1:500 or more<<

 

 

Although high leverage is a nice option that might multiply your profits on a relatively small deposit, it can also lead to serious loss. So, before taking this risk, make sure you fully understand how leverage works.



Easy Line Pro disdvantages:

 

- Registered offshore and probably a scam

Easy Line Pro is one of the thousands of brokers registered offshore, in Saint Vincent and the Grenadines. Offshore brokers are generally not to be trusted, as they are not subject to any regulatory oversight. That being said, we cannot guarantee that your money is safe with a broker like this.

 

 

>>Why you should avoid offshore brokers<<

 

 

What is more, there are too many red flags around Easy Line Pro – its poor presentation of trading conditions, the strange platform with huge negative spreads, and the overall bad reputation of the company behind it, Y2 Media Group Ltd. You can find more information in the Conclusion of this review.

 

Trading on MT4 not available

Easy Line Pro does not offer trading on MetaTrader 4 platform, simply known as MT4. The unavailability of this platform is always considered as a weak side of a forex broker, as this trading terminal is highly praised by traders’ community. The MT4 is preferred by most traders because it is reliable, fast, easy to use and equipped with professional tools and features, such as Expert Advisors, built-in technical analysis indicators, top-notch charting, and the MQL marketplace, among others.

 

 

>> Top MT4 brokers <<

 

 

Non-functional platform, ask price is lower than the bid

Easy Line Pro offers a web-based platform where supposedly its users can trade in binary options and forex and CFDs. However, it seems that there is something wrong with that platform, as the ask price is lower than the bid one.

 

 

Click on the image to zoom in.

 

We have come across the same trading solution whjile reviewing other brokers, such as Point Investment Group and GBOCapital. Those companies might be interrelated, as their offerings are very similar. Either way, all of them are most likely scams. 

 

High initial investment required

Traders have to deposit $500 to open an account with this broker, while most companies in the sector, even licensed ones, demand something in the range of $100 - $250. By comparison, major broker FXCM requires an initial investment of $50. So, why waste your time and money with offshore brokers like Easy Line Pro?

 

 

Conclusion

 

Overall, we would advise you to stay away from Easy Line Pro. It is allegedly operated by Y2 Media Group Ltd., a company registered offshore (SVG), which seems to be based in Bulgaria.

 

Spain’s CNMV has issued a warning against this company, which used to operate unauthorized binaries broker ST Capitals. Besides, we found there is a thread against InHouseTrade broker, which was owned by the same company.

 

Also, its trading platform and spreads are kind of ridiculous and look very much alike those provided by outright scam GBOCapital.

 

To sum up the above:

 

Pros

Cons

Many instruments available for trade

Registered offshore and possibly a scam

Reasonable leverage levels

Poor presentation on trading conditions

 

Non-functional platform, ask price lower than the bid

 

High initial investment required

 

Trading on MT4 not available

 

Latest news about Easy Line Pro
No news about Easy Line Pro . Check back later.
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Traders` reviews for Easy Line Pro

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

Total scam

A total scam don’t touch with a barge pole, If George Bell comes up stay away, wont even reply to emails or calls now.

Rick james 10/09/2018

Scam - I reported them to Scotland yard

They start by making good trades. During this time they entice you to increase the investment. When you do not they loose all the trades. it happened with me, Jurie Naude and Jan Oosthuizen. There site lag the true trading times so they manipulate the outcome! I worked with Don Vito (bogus name)

They are a bunch of thieves. I reported them to the cyber crime division at Scotland yard.

Vincent van Zyl 10/01/2018

Easy Line Pro fraud

I fulfilled the r Skr backequests for withdrwal and was promised to get
300000Skr back if I payed 3000Skr to Boris Benjaminov whick I did in Feb 22.
I have sent them mail several times but got no answers. Have they stolen my money?

Birgitta Jareke 06/28/2018

Easy Line Pro - Big Scam

please any body that tell you that he or her from easy line pro,please don't deposit your money with them,they're a BIGER SCAMER,i made 82.000 euros with them bout can't withdraw even 100 euros,please don't trade with so that you regret,they are BULGARIAN SCAMER,they will not even pick your calls.

john sunday 05/18/2018

Cannot withdraw my investments

In October last year I was persuaded to invest 44000 Skr adn promised to gain a lot of Money but nothing has happened. They have never contacted me and not startet trading and i have tried to make them repay me but Heard nothing!

Birgitta Jareke 04/10/2018

Broker scam Roy Coburn

Looking for Roy Coburn who represents Easy line Pro , he might go under the name of Roy Goodman as well .
He took £35000 off me and I cannot find him , he won't answer his tel or emails . Thus he is a scam . Easy line pro is a off shore company based in Bulgaria where I was told to send my money to Bulbank based in Sofia Bulgaria .
I want my money back as I am a pensioner .
Roy Coburn says he works for easy line pro

Tom Day

Thomas Day 03/15/2018
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