Compare easyMarkets vs FXOpen

Compare easyMarkets vs FXOpen
easyMarkets versus FXOpen Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$25
Minimum Deposit
MT4, MT5, easyMarkets Platform, TradingView
Trading Platforms
275+
Markets To Trade
easyMarkets offers trading on MT4, MT5, the user friendly easyMarkets Platform and TradingView, with fixed spreads on all but MT5, which offers variable spreads
About
$1
Minimum Deposit
MT4, MT5, TickTrader
Trading Platforms
600+
Markets To Trade
FXOpen offers trading (including automated trading) on MT4, MT5 and TickTrader and offers a Cent account with a $1 minimum deposit
About

easyMarkets and FXOpen Comparison

Both offer MT4 and MT5. easyMarkets additionally provides the user friendly easyMarkets Platform and TradingView, while FXOpen offers TickTrader. FXOpen has a Cent account with low minimum trade sizes and a $1 minimum deposit.

Quick comparison

Both provide MT4 and MT5 (allowing automated trading). Each offers a user friendly platform. FXOpen has a Cent account with a $1 minimum deposit.

Minimum deposit and account types

The minimum deposit for easyMarkets is $25. The minimum deposit for FXOpen is $1.

  • easyMarkets offers Standard, Premium and VIP accounts (in the EEA, Standard and VIP are available). The minimum deposit for the Standard account is $25, for the Premium account is $2000 and for the VIP account is $10,000. Each ascending account type types offers lower minimum spreads. All account types provide a Personal Account Manager, 24/5 Phone and Live Chat and Trading Insights. The easyMarkets Platform offers dealCancellation, InsideViewer and Freeze Rate. The minimum trade size is 0.01 lots.
  • FXOpen offers ECN, STP, Micro and Crypto account types. The minimum deposit is $1 for the Micro account, $10 for the STP and Crypto accounts and $100 for the ECN account. The ECN account charges commissions on its markets, the STP does not charge commissions. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). FXOpen supports social and copy trading via ZuluTrade and Myfxbook. The minimum trade size is 0.0001 lots on the Micro account. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.

Markets

  • easyMarkets offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies, Soft Commodities and Options, with 275+ available.
  • FXOpen offers Forex, Indices, Energy, Metals, Stocks and Cryptocurrencies, with 600+ available.
FXOpen vs easyMarkets Summary Table
BrokerTrading PlatformsDescription
FXOpen
Broker
MT4, MT5, TickTrader
Trading Platforms
FXOpen offers automated trading on MT4, MT5 and TickTrader and provides a Cent account with a $1 minimum deposit
Description
easyMarkets
Broker
MT4, MT5, easyMarkets Platform, TradingView
Trading Platforms
easyMarkets provides trading on MT4 and MT5 (including automated trading), offers its user friendly easyMarkets Platform (with dealCancellation) and provides TradingView
Description

Cryptocurrency CFDs

  • easyMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Monero, Stellar, Cardano, Algorand, Solana, Uniswap, Polkadot, ChainLink, Zcash, OmiseGO, Polygon, Dash, Dogecoin, Monero, Chiliz and Avalanche CFDs.
  • FXOpen offers Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Monero, Dashcoin, IOTA, Ethereum Classic, EOS, Emercoin and NEO CFD.

Spreads and leverage

  • Forex spreads at easyMarkets are fixed from 0.7 and variable from 0.5.
  • Forex spreads at FXOpen are variable and are from 0.0 plus commission. The STP account has higher spreads.

The maximum leverage for easyMarkets is 500:1. The maximum leverage for FXOpen is 500:1.

Commissions

  • easyMarkets does not charge commissions.
  • For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.

Online trading platforms

easyMarkets offers MT4, MT5, the easyMarkets Platform and TradingView. FXOpen provides MT4 and MT5.

Why easyMarkets or FXOpen ?

Traders who want to trade on MT4 or MT5 may do so at either easyMarkets or FXOpen. Those who want to trade on a user friendly platform can do this at both. Traders who want to use EA robots can do so at either. Those who want to trade on a Cent account with a low minimum deposit ($1) can do this at FXOpen.

Comparison summary

  • Both offer CFD trading
  • Each provides MT4 and MT5
  • FXOpen additionally offers TickTrader
  • easyMarkets additionally provides the easyMarkets Platform and TradingView
  • FXOpen has a Cent account with a $1 minimum deposit
  • Both allow EA robots
  • easyMarkets offers fixed spreads