Compare easyMarkets vs Markets.com
What is easyMarkets? What is Markets.com?
easyMarkets is a forex and CFD broker that offers over 200 trading instruments, including currency pairs, metals, energies, indices, cryptocurrencies, and options. easyMarkets was founded in 2001 and is regulated by CySEC, ASIC, and FSA.
Markets.com is a forex and CFD broker that offers over 2,000 trading instruments, including currency pairs, stocks, ETFs, indices, commodities, bonds, and cryptocurrencies. Markets.com was founded in 2008 and is regulated by CySEC, FSCA, ASIC, and FCA.
easyMarkets vs Markets.com Regulation Comparison
Both brokers are authorised and regulated by reputable financial authorities. easyMarkets holds licenses from the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Seychelles Financial Services Authority (FSA).
Markets.com holds licenses from the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) of South Africa, the Australian Securities and Investments Commission (ASIC), and the Financial Conduct Authority (FCA) of the UK. Both brokers are also compliant with the Markets in Financial Instruments Directive (MiFID) in the European Union.
easyMarkets vs Markets.com Trading Assets Comparison
Both brokers offer a wide range of trading assets for their clients. easyMarkets provides access to over 200 markets, including 62 currency pairs, 15 metals, 6 energies, 12 agricultural commodities, 36 indices, 5 cryptocurrencies, and 64 options.
Markets.com offers access to over 2,000 markets, including 67 currency pairs, 28 metals, 17 energies, 25 agricultural commodities, 59 indices, 12 bonds, 28 ETFs, over 2,000 stocks from various countries, and 10 cryptocurrencies.
easyMarkets vs Markets.com Trading Fees Comparison
Both brokers charge competitive fees for their services. easyMarkets does not charge any commissions on trades but applies fixed or variable spreads depending on the account type. The minimum spread for EUR/USD is 0.9 pips for the VIP account and 1.4 pips for the Standard account.
Markets.com also does not charge any commissions on trades but applies variable spreads depending on the market conditions. The average spread for EUR/USD is 0.6 pips. Both brokers also charge swap fees for holding positions overnight and may charge inactivity fees for dormant accounts.
easyMarkets vs Markets.com Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. easyMarkets has three account types: Standard, Premium, and VIP. The minimum deposit for the Standard account is $100, for the Premium account is $1,000, and for the VIP account is $2,500.
Markets.com has two account types: Retail and Professional. The minimum deposit for both accounts is $100. The Retail account has lower leverage and more investor protection measures than the Professional account.
easyMarkets vs Markets.com Deposit Options Comparison
Both brokers offer various deposit and withdrawal options for their clients. easyMarkets accepts payments via credit/debit cards, Neteller, Skrill, WebMoney, SOFORT, iDEAL, FasaPay, BPAY, giropay, UnionPay, crypto wallets (Bitcoin, Ethereum, Litecoin), Tether (USDT), and AstroPay.
Markets.com accepts payments via credit/debit cards, Neteller, Skrill, PayPal, SOFORT, iDEAL, and wire transfer. Both brokers do not charge any fees for deposits or withdrawals but may have minimum or maximum limits depending on the payment method.
easyMarkets vs Markets.com Trading Platforms Comparison
Both brokers offer user-friendly and advanced trading platforms for their clients. easyMarkets has its own proprietary platform that is available as a web-based version or a mobile app for iOS and Android devices. The platform has features such as dealCancellation (which allows traders to cancel losing trades within an hour), freeze rate (which allows traders to lock in a price before placing a trade), free guaranteed stop loss and take profit orders (which protect traders from market volatility), and fixed spreads (which ensure consistent trading costs).
Markets.com also has its own proprietary platform that is available as a web-based version or a mobile app for iOS and Android devices. The platform has features such as advanced charting tools (which allow traders to analyse market trends), trading signals (which provide market insights and recommendations), news and analysis (which provide market updates and commentary), and trading alerts (which notify traders of important market events). Both brokers also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular third-party platforms that offer more technical indicators, automated trading systems, and customisation options.
easyMarkets vs Markets.com Analytical Tools Comparison
Both brokers offer various analytical tools and educational resources for their clients. easyMarkets provides access to Trading Central, which is a leading provider of technical analysis and market research. easyMarkets also offers forex news from top-tier sources, daily market commentary, an investor dictionary, videos, ebooks, webinars, and quizzes.
Markets.com also provides access to Trading Central, as well as other tools such as economic calendar, financial commentary, market sentiment, and trading blog. Markets.com also offers videos, ebooks, webinars, articles, and FAQs.
easyMarkets vs Markets.com. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose. Both easyMarkets and Markets.com have their own strengths and weaknesses, and the best choice may depend on your personal preferences, trading goals, and risk appetite. Here are some factors that you may want to consider when comparing the two brokers:
- Regulation: Both brokers are regulated by reputable authorities, but Markets.com has more licenses than easyMarkets. This may give you more confidence and protection when trading with Markets.com, especially if you are from a country where they have a local license. However, easyMarkets also follows high standards of security and transparency, and offers negative balance protection for all clients.
- Trading Assets: Both brokers offer a wide range of trading assets, but Markets.com has more variety and quantity than easyMarkets. If you are looking for more options and opportunities to diversify your portfolio, Markets.com may be a better choice. However, easyMarkets also covers the most popular and liquid markets, and offers some unique features such as options trading.
- Trading Fees: Both brokers charge competitive fees, but Markets.com has lower spreads than easyMarkets on average. If you are looking for lower trading costs and tighter spreads, Markets.com may be a better choice. However, easyMarkets also offers fixed spreads for some account types, which may be beneficial for traders who prefer stability and predictability.
- Account Types: Both brokers offer different account types to suit different trading styles and preferences, but Markets.com has simpler and more accessible account options than easyMarkets. If you are looking for a straightforward and flexible account with low minimum deposit and high leverage, Markets.com may be a better choice. However, easyMarkets also offers some advantages for higher-tier accounts, such as lower spreads, free SMS signals, and personal account managers.
- Deposit and Withdrawal Options: Both brokers offer various deposit and withdrawal options, but easyMarkets has more payment methods than Markets.com. If you are looking for more convenience and flexibility when funding or withdrawing from your account, easyMarkets may be a better choice. However, Markets.com also supports the most common and popular payment methods, and does not charge any fees for deposits or withdrawals.
- Trading Platforms: Both brokers offer user-friendly and advanced trading platforms, but Markets.com has more features and tools than easyMarkets on its proprietary platform. If you are looking for more functionality and customisation when trading online or on your mobile device, Markets.com may be a better choice. However, easyMarkets also has some unique features on its proprietary platform, such as dealCancellation and freeze rate. Both brokers also support MT4 and MT5, which are widely used by traders around the world .
- Analytical Tools: Both brokers offer various analytical tools and educational resources, but Markets.com has more content and quality than easyMarkets on its website and platform. If you are looking for more market insights and learning opportunities to improve your trading skills and knowledge, Markets.com may be a better choice. However, easyMarkets also provides access to Trading Central, which is a leading provider of technical analysis and market research.
Ultimately, the best way to decide which broker is better or which one you should choose is to try them out yourself. You can open a demo account with both brokers for free and test their services without risking any real money. You can also compare their customer support and see how they respond to your queries and issues.
