easyMarkets vs NSFX Comparison

easyMarkets vs NSFX Broker Comparison

easyMarkets versus NSFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, Web Trader & Apps200+CySEC, ASIC
$300MT4, JForex60+MFSA

easyMarkets and NSFX Comparison - fixed spread with a wide range of Forex products at easyMarkets, variable ECN and fixed spreads at NSFX

Both brokers can offer fixed spreads, but in general NSFX offers variable spread ECN trading. On NSFX's ECN accounts, it offers low variable spreads, with a commission charge. easyMarkets's fixed spreads do not have a commission charge. easyMarkets offers lower spreads with account types requiring a higher minimum deposit.

easyMarkets provides a web trader platform, while NSFX provides MT4 for its fixed spread trading. For ECN trading NSFX offers both MT4 and JForex. easyMarkets is regulated by the CySEC in Cyprus and the ASIC in Australia. NSFX is regulated by the MFSA in Malta.

Quick comparison

Both brokers offer MT4, easyMarkets is a fixed spread broker which offers a web trader, while NSFX provides fixed spreads on Forex major pairs but is primarily a variable spread ECN broker.

Minimum deposit and account types

The minimum deposit for easyMarkets is $100 and the minimum deposit for NSFX is $300.

  • 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.
  • NSFX offers three account types. These are the MT4 Fixed, MT4 ECN and JForex accounts. The minimum deposit for the MT4 Fixed account is $300, the minimum deposit for the MT4 ECN account is $3,000 and the minimum deposit for the JForex account is $5,000.
  • The NSFX MT4 Fixed account does not charge commissions, the MT4 ECN and JForex accounts do. On its website NSFX provides Trading Central along with analysis, news and an economic calendar and the NSFX academy which includes an FX Video Course, Trading Examples and Guides and a Forex eBook. An Islamic account is available. Hedging at NSFX is allowed on all three account types but only on the MT4 ECN and JForex accounts are EAs enabled and scalping allowed.

Account currencies

Account currencies for easyMarkets are: GBP, USD, EUR, AUD, CAD, ZAR, SGD, SEK, JPY, CHF, CNY, CZK, HKD, MXN, NOK, NZD, PLN and TRY. Account currencies for NSFX are GBP, USD and EUR.

Markets

  • easyMarkets offers Currency Pairs, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities and Options, with 200+ available.
  • NSFX offers Currency Pairs, Indices, Energy, and Precious Metals on the MT4 ECN and JForex account, with 60+ available.

On the MT4 Fixed account it offers Forex Major pairs. easyMarkets provides more Currency Pairs, at 135+, while NSFX provides 50+.

Leverage and spreads

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

  • Spreads at easyMarkets are fixed and are from 1 for EUR/USD, 2 for UK100, 0.35 for Gold and 0.04 for US Oil.
  • Spreads at NSFX are fixed for the MT4 Fixed account and are 3 for EUR/USD, 0.60 for Gold (XAU/USD), 3 for UK100 and 0.06 for US Crude Oil
  • NSFX offers variable ECN spreads for the MT4 ECN and JForex accounts, EUR/USD has an average spread of 0.4 (but can be seen as low as 0.1), Gold has an average spread of 0.09, UK100 has an average spread of 2 and US Crude Oil has an average spread of 0.05.

Commissions

  • easyMarkets does not charge commissions.
  • NSFX's MT4 ECN and JForex accounts charge commissions of $8 per lot round trip (equivalent to $4 per lot per side).

Online trading platforms

  • easyMarkets offers a web trader and MT4 and apps.
  • For fixed spread trading, NSFX provides MT4. For its ECN services it offers both MT4 and JForex. NSFX offers apps.

Comparison summary

  • Both brokers offer fixed spread trading
  • NSFX additionally provides variable spread ECN trading
  • easyMarkets has a lower minimum deposit
  • NSFX also provides ECN accounts, for a higher minimum deposit
  • easyMarkets offers its web trader, while NSFX provides MT4 for fixed spread trading
  • For ECN trading NSFX offers MT4 and JForex
  • easyMarkets provides more Forex pairs
  • NSFX offers less markets on its fixed spread account that its ECN accounts
  • easyMarkets is regulated by the CySEC and the ASIC, NSFX is regulated by the MFSA

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