Compare easyMarkets vs FXTM - CFD Broker Comparison

Compare easyMarkets vs FXTM

easyMarkets vs FXTM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, Web Trader & Apps200+CySEC, ASIC
$10MT4, MT5200+CySEC, FCA, FSCA, FSC

easyMarkets vs FXTM Comparison

A difference between easyMarkets and FXTM is that easyMarkets provides fixed spreads while FXTM offers variable spreads. FXTM also provides ECN trading, that is it can offer low spreads with a commission charge and allows trading styles such as scalping, EAs and hedging. However, while not an ECN broker, easyMarkets also allows scalping, hedging and EAs.

Both brokers offer Forex pairs, but easyMarkets has a particularly large number of FX products available. easyMarkets provides a web trader and also offers MT4, while FXTM offers MT4 and MT5 and a web trader based on MT4.

Both brokers are regulated by the CySEC in Cyprus. easyMarkets is also regulated by the ASIC in Australia, while FXTM is additionally regulated by the FCA in the United Kingdom and the FSC in Mauritius and is licensed by the FSCA in South Africa.

Minimum deposit and account types

The minimum deposit for easyMarkets is $100. The minimum deposit for FXTM is $10.

  • easyMarkets offers a Standard account with a minimum deposit of $100 and a VIP account with a minimum deposit of $2,500.
  • All easyMarkets account types have customer support and a personal account manager. The VIP account additionally has telephone trading, access to the tightest spreads at easyMarkets, a personal analyst and real time SMS market updates. The minimum trade size is 0.01 lots.
  • FXTM offers three Standard account types: Standard, Cent and Shares and three ECN accounts: ECN, ECN Zero and Pro. The minimum deposit for the Cent account is $/€/£10, for the Standard and Shares accounts $/€/£100, for the ECN Zero account $/€/£200, for the ECN account $/€/£500 and for the Pro account the minimum deposit and minimum account balance is $/€/£25,000. The Pro account offers spreads from 0 without a commission charge. FXTM offers Market Analysis and Education on its website. Copy Trading is available via FXTM Invest. The minimum trade size is 0.0001 lots.

Markets

  • easyMarkets provides Forex pairs, Indices, Energy, Metals, Stocks, Soft Commodities, Cryptocurrencies and Options, with 200+ available.
  • FXTM offers Forex, Indices, Energy, Metals and Stocks, with 250+ available.
  • easyMarkets can offer 135+ Forex pairs, FXTM can offer 55+ Forex pairs.

Spreads and leverage

Forex spreads at easyMarkets are fixed from 1 without a commission charge. On FXTM's Standard account, Forex spreads are from 1.3 without a commission charge. On FXTM's ECN account, Forex spreads are from 0.1 plus commission (on FXTM's Pro account spreads are from 0 without a commission charge).

Maximum leverage for easyMarkets (CySEC regulated) is . Maximum leverage for FXTM is .

Commissions

  • easyMarkets does not charge commissions.
  • FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded.

Online trading platforms

easyMarkets offers a web trader with a range of indicators and chart types and MT4. FXTM provides MT4 and MT5 on its MT5 ECN account and a web trader based on MT4. These platforms are available on desktop, tablet and mobile.

Why easyMarkets or FXTM ?

Traders who wish to trade on MT4 may do so at either broker (and use EAs). Traders who want to trade on a user friendly web trader can find this platform at easyMarkets. Traders who wish to trade on the successor to MT4, MT5 may find this platform at FXTM. Both brokers allow EAs and offer Stocks CFDs. FXTM has a Cent account which provides very low trade sizes and can offer a lower minimum deposit.

Comparison summary

  • easyMarkets offers fixed spreads
  • FXTM offers variable spreads
  • FXTM can provide both low spreads with a commission charge and spreads without
  • easyMarkets offers lower fixed spreads on accounts with a higher minimum deposit
  • Both brokers allow scalping, hedging and EAs
  • These brokers offer MT4, FXTM also provides MT5
  • FXTM offers a web trader based on MT4, while easyMarkets provides its own web trading platform
  • FXTM has a lower minimum deposit and a Cent account

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