Compare FXTM vs easyMarkets. Should trade at FXTM or easyMarkets?

Compare FXTM vs easyMarkets

What is FXTM? What is easyMarkets?

FXTM is a global online forex and CFD broker that was founded in 2011 and is regulated by several authorities, including the FCA, CySEC, FSCA, and FSC. FXTM offers trading on various platforms, such as MetaTrader 4, MetaTrader 5, and its own FXTM Trader app. FXTM also provides educational resources, market analysis, trading signals, and trading contests for its clients.

easyMarkets is an online market maker that provides a trading platform for forex and other derivatives, such as CFDs, options, and crypto. easyMarkets was established in 2001 and is regulated by CySEC, ASIC, FSA, and FSC. easyMarkets offers fixed spreads, free guaranteed stop loss, no slippage, and innovative trading tools, such as dealCancellation, Freeze Rate, and easyTrade. easyMarkets also has a web platform, a mobile app, and supports TradingView and MetaTrader 4.

Best Forex Brokers Ranking

Rank	Broker	Review	Open Account	Bonus	Platform	Minimum Deposit	ECN
1	Exness		Open Exness account	16$/lot	MT4, MT5, Exness, ...	1$	10$
2	IC Markets		Open IC Markets account	-	MT4, MT5, cTrader	200$	200$
3	XM		Open XM account	30$	MT4, MT5	5$	-
4	XTB		Open XTB account	2000$	MT4, xStation 5	1$	1$
5	FBS		Open FBS account	140$	MT4, MT5, FBS Trader	1$	1000$

FXTM vs easyMarkets Regulation Comparison

Both FXTM and easyMarkets are regulated by CySEC (Cyprus) and FSC (British Virgin Islands), which are reputable regulators in the forex industry. However, FXTM has more regulatory licenses than easyMarkets, as it is also authorized by the FCA (United Kingdom), the FSCA (South Africa), and the Capital Markets Authority of Kenya (Kenya). These regulators have strict rules and standards for brokers to ensure the protection of investors’ funds and interests. Therefore, FXTM may have an edge over easyMarkets in terms of regulation.

FXTM vs easyMarkets Trading Assets Comparison

Both FXTM and easyMarkets offer a wide range of trading assets for their clients to choose from. However, there are some differences in the types and number of assets they provide. Here are the trading assets comparison between FXTM and easyMarkets:

• Forex: FXTM offers over 60 currency pairs, while easyMarkets offers over 50 currency pairs.
• CFDs: FXTM offers CFDs on indices, commodities, metals, energies, stocks, ETFs, and futures, while easyMarkets offers CFDs on indices, commodities, metals, energies, stocks, ETFs, options, agriculture, bonds, and binary options.
• Crypto: FXTM offers CFDs on 4 cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Ripple), while easyMarkets offers CFDs on 6 cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash ABC (BCH), and EOS).
• Options: FXTM does not offer options trading, while easyMarkets offers vanilla options on forex and gold.
• Physical Stock: FXTM offers physical stock trading for UK clients only through its Stocks Account, while easyMarkets does not offer physical stock trading.

FXTM vs easyMarkets Trading Fees Comparison

Trading fees are one of the main factors that affect traders’ profitability. Therefore, it is important to compare the fees charged by different brokers before choosing one. Here are some of the trading fees comparison between FXTM and easyMarkets:

• Spreads: FXTM offers variable spreads that depend on the account type and market conditions. The average spread for EUR/USD is 0.8 pips for the Standard Account and 0.5 pips for the ECN Account. easyMarkets offers fixed spreads that do not change during trading hours. The average spread for EUR/USD is 1 pip for the Standard Account and 0.9 pips for the VIP Account.
• Commissions: FXTM charges commissions for some of its account types, such as the ECN Account ($2 per lot per side) and the Stocks Account (0.1% per side). easyMarkets does not charge any commissions for any of its account types.
• Swap Rates: Both FXTM and easyMarkets charge swap rates for holding positions overnight. The swap rates vary depending on the instrument and direction of the trade. You can check the swap rates on their websites or platforms.
• Other Fees: Both FXTM and easyMarkets do not charge any deposit or withdrawal fees. However, they may charge some other fees for certain services or activities. For example,
  • FXTM charges an inactivity fee of $5 per month after 6 months of no trading activity.
  • easyMarkets charges a dealCancellation fee for using the dealCancellation feature, which allows you to cancel a losing trade within a specified time frame. The fee depends on the instrument and the duration of the dealCancellation.

FXTM vs easyMarkets Account Types Comparison

Both FXTM and easyMarkets offer different account types for their clients to suit their trading needs and preferences. Here are some of the account types comparison between FXTM and easyMarkets:

• Standard Account: This is the most basic account type for both brokers. It offers access to a wide range of instruments, low minimum deposits, and no commissions. The main difference is that FXTM offers variable spreads, while easyMarkets offers fixed spreads.
• ECN Account: This is an account type for more advanced traders who want to trade with market execution, tight spreads, and low commissions. FXTM offers several ECN account types, such as ECN Zero, ECN MT5, and Pro Account, with different features and requirements. easyMarkets does not offer any ECN account types.
• VIP Account: This is an account type for high-volume traders who want to enjoy premium services and benefits, such as lower spreads, higher leverage, personal account managers, and market updates. Both FXTM and easyMarkets offer VIP account types, but they have different minimum deposits and eligibility criteria.
• Islamic Account: This is an account type for Muslim traders who want to trade according to the Islamic Sharia law, which prohibits interest or swap charges. Both FXTM and easyMarkets offer Islamic account types that are swap-free and compliant with the Islamic faith.

FXTM vs easyMarkets Deposit Options Comparison

Both FXTM and easyMarkets offer various deposit and withdrawal options for their clients to fund and withdraw money from their trading accounts. However, there are some differences in the methods and conditions they provide. Here are some of the deposit and withdrawal options comparison between FXTM and easyMarkets:

• Methods: FXTM offers more than 20 deposit and withdrawal methods, including credit/debit cards, bank wire transfers, e-wallets (such as Skrill, Neteller, WebMoney, Perfect Money, etc.), local payment solutions (such as UnionPay, QIWI, YooMoney, etc.), and cryptocurrencies (such as Bitcoin, Ethereum, Litecoin, etc.). easyMarkets offers more than 15 deposit and withdrawal methods, including credit/debit cards, bank wire transfers, e-wallets (such as Skrill, Neteller, WebMoney, etc.), local payment solutions (such as UnionPay, BPAY, iDEAL, SOFORT, etc.), and cryptocurrencies (such as Bitcoin, Ethereum, Litecoin, etc.).
• Minimum Amounts: FXTM has different minimum deposit and withdrawal amounts depending on the method and the currency. The minimum deposit amount ranges from $10 to $500. The minimum withdrawal amount ranges from $5 to $100. easyMarkets has a fixed minimum deposit amount of $25 for all methods. The minimum withdrawal amount is not specified on its website.
• Processing Time: FXTM processes most of the deposit methods instantly or within 24 hours. The withdrawal methods may take from 24 hours to 5 business days depending on the method. easyMarkets processes most of the deposit methods instantly or within 24 hours. The withdrawal methods may take from 24 hours to 10 business days depending on the method.
• Fees: FXTM does not charge any fees for deposits or withdrawals. However, some payment providers may charge some fees or commissions that are beyond FXTM’s control. easyMarkets does not charge any fees for deposits or withdrawals. However, some payment providers may charge some fees or commissions that are beyond easyMarkets’ control.

FXTM vs easyMarkets Trading Platforms Comparison

Both FXTM and easyMarkets offer multiple trading platforms for their clients to choose from. Here are some of the trading platforms comparison between FXTM and easyMarkets :

• MetaTrader 4: This is one of the most popular and widely used trading platforms in the forex industry. It offers a user-friendly interface, advanced charting tools, technical indicators, automated trading systems (Expert Advisors), and market news. Both FXTM and easyMarkets support MetaTrader 4 on desktops (Windows and Mac), web browsers (WebTrader), and mobile devices (Android and iOS).
• MetaTrader 5: This is the latest version of MetaTrader that has more features and capabilities than MetaTrader 4. It supports more instruments, order types, timeframes, indicators, and analytical tools. It also has a built-in economic calendar, market depth, and a multi-asset trading platform. FXTM supports MetaTrader 5 on desktops (Windows), web browsers (WebTrader), and mobile devices (Android and iOS). easyMarkets does not support MetaTrader 5.
• FXTM Trader: This is FXTM’s own proprietary trading platform that is designed for mobile trading. It allows traders to access over 250 instruments, manage their accounts, deposit and withdraw funds, receive price alerts, and use FXTM’s trading signals. FXTM Trader is available for Android and iOS devices. easyMarkets does not have its own proprietary trading platform.
• easyTrade: This is a unique trading tool that is exclusive to easyMarkets. It allows traders to trade without margin requirements, spreads, or leverage. It also gives traders the option to cancel a losing trade within an hour for a small fee (dealCancellation). easyTrade is available on the web platform and the mobile app. FXTM does not have a similar trading tool.

FXTM vs easyMarkets Analytical Tools Comparison

Both FXTM and easyMarkets provide various analytical tools for their clients to enhance their trading performance and decision making. However, there are some differences in the types and quality of tools they offer. Here are some of the analytical tools comparison between FXTM and easyMarkets :

• Market Analysis: Both FXTM and easyMarkets publish daily market analysis articles on their websites and platforms. They cover the latest market trends, news, events, and opportunities for various instruments and regions. However, FXTM’s market analysis is more comprehensive and detailed than easyMarkets’. FXTM also provides weekly market outlook videos, quarterly market forecasts, special reports, webinars, podcasts, and ebooks. easyMarkets does not provide these additional resources.
• Trading Signals: Both FXTM and easyMarkets offer trading signals for their clients to follow the market movements and trends of various instruments. However, FXTM’s trading signals are more reliable and accurate than easyMarkets’. FXTM provides two types of trading signals: FXTM Trading Signals and MQL5 Signals. FXTM Trading Signals are generated by FXTM’s own team of experts based on technical analysis, fundamental analysis, and risk management. MQL5 Signals are provided by third-party providers who share their strategies and performance on the MQL5 community. easyMarkets only provides one type of trading signals: Trading Central Signals. These are generated by Trading Central, a leading provider of technical analysis and research.
• Economic Calendar: Both FXTM and easyMarkets provide an economic calendar on their websites and platforms. The economic calendar shows the upcoming economic events, indicators, forecasts, and impacts for various countries and regions. However, FXTM’s economic calendar is more interactive and customizable than easyMarkets’. FXTM allows traders to filter the events by date, country, category, impact level, instrument, or keyword. easyMarkets only allows traders to filter the events by date or country.
• Charting Tools: Both FXTM and easyMarkets provide advanced charting tools on their platforms. They allow traders to use various types of charts, timeframes, indicators, drawing tools, templates, and alerts to analyze the market movements and trends of various instruments. However, FXTM’s charting tools are more diverse and sophisticated than easyMarkets’. FXTM supports both MetaTrader 4 and MetaTrader 5 charting tools, which have more features and capabilities than easyMarkets’ charting tools. FXTM also supports TradingView charting tools on its web platform, which have more indicators, widgets, scripts, strategies, and social features than easyMarkets’ charting tools.

FXTM vs easyMarkets. 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. It depends on your personal preferences, trading style, goals, and needs. Here are some of the main advantages and disadvantages of FXTM and easyMarkets:

FXTM Pros:

• FXTM is regulated by more authorities than easyMarkets, which may increase its credibility and trustworthiness.
• FXTM offers more instruments, especially CFDs, than easyMarkets, which may give you more trading opportunities and diversification.
• FXTM supports MetaTrader 5, which is the latest version of MetaTrader that has more features and capabilities than MetaTrader 4.
• FXTM provides more comprehensive and detailed market analysis than easyMarkets, which may help you improve your trading knowledge and skills.
• FXTM offers more reliable and accurate trading signals than easyMarkets, which may help you follow the market trends and movements of various instruments.

FXTM Cons:

• FXTM charges commissions for some of its account types, such as the ECN Account and the Stocks Account, which may increase your trading costs.
• FXTM has variable spreads that depend on the account type and market conditions, which may make your trading less predictable and consistent.
• FXTM charges an inactivity fee of $5 per month after 6 months of no trading activity, which may reduce your profits or increase your losses.
• FXTM does not offer options trading, which is a type of derivative that gives you the right to buy or sell an underlying asset at a specified price and time.
• FXTM does not offer physical stock trading for non-UK clients, which is a type of investment that gives you ownership of a company.

easyMarkets Pros:

• easyMarkets offers fixed spreads that do not change during trading hours, which may make your trading more stable and transparent.
• easyMarkets does not charge any commissions for any of its account types, which may lower your trading costs.
• easyMarkets offers free guaranteed stop loss, no slippage, and dealCancellation, which are innovative trading tools that may protect you from market volatility and risk.
• easyMarkets offers options trading on forex and gold, which may give you more flexibility and control over your trades.
• easyMarkets offers CFDs on binary options, which are a type of derivative that have a fixed payout and expiry time.

easyMarkets Cons:

• easyMarkets is regulated by fewer authorities than FXTM, which may decrease its reputation and reliability.
• easyMarkets offers fewer instruments, especially CFDs, than FXTM, which may limit your trading choices and variety.
• easyMarkets does not support MetaTrader 5, which is the latest version of MetaTrader that has more features and capabilities than MetaTrader 4.
• easyMarkets provides less comprehensive and detailed market analysis than FXTM, which may affect your trading performance and decision making.
• easyMarkets offers less reliable and accurate trading signals than FXTM, which may mislead you or cause you to miss out on profitable opportunities.

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