Are you trying to figure out which is a better broker, FPMarkets or easyMarkets? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FPMarkets is the better of the two. FPMarkets offers 10,000+ instruments, licenses from CySec, ASIC, and fair trading fees.
In the tables below, you can compare the features of FPMarkets and easyMarkets side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked FPMarkets higher than easyMarkets.
| Methodology: This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive. |  |  |
| OPEN ACCOUNT | Review | Review |
| RATING | 94.8/100 | 93/100 |
| MIN. DEPOSIT | 100$ | 100$ |
| REGULATED BY |   | |
| BONUS | No Information | 50% first time deposit bonus |
| MIN. SPREAD | 1.1 | 0.9 |
| MAX. LEVERAGE | 1:500 | 1:400 |
| CURRENCY PAIRS | 61 | 103 |
| TRADING INSTRUMENTS | 10,000+ | 200+ |
| TRADING PLATFORMS | MT4, MT5, Mobile, WebTrader | MT4, Mobile, WebTrader |
| DEPOSIT METHODS | Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal and more | Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay, American Express, Union Pay and more |
| TYPE OF BROKERS | STP/ECN/DMA | Market Maker |
| CUSTOMER SUPPORT | 24/5 | 24/5 |
| LANGUAGE SUPPORT | 11 | 8 |
| ESTABLISHED | 2005, HQ in Sydney | 2001 |
| USED BY | 100,000+ Traders | 140,000+ Traders |
Does FPMarkets or easyMarkets have lower trading costs and fees?
To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.
To give an overall view of how cheap or expensive FPMarkets and easyMarkets are, we first considered the common fees on Standard Accounts. At FPMarkets the average spread for the EUR/USD currency pair is 1.1 pips, whilst at easyMarkets the spread is 0.9.
This shows that easyMarkets is the better option for low-cost forex trading.
When it comes to non-trading fees, FPMarkets charges for deposit, withdrawal. easyMarkets charges for . With this in mind, easyMarkets has lower non-trading fees.
When our experts analyzed the specific costs of both brokers, we found that easyMarkets is the better option.
Trading Fees*
| TYPE OF FEE | FPMARKETS | EASYMARKETS |
|---|---|---|
| Minimum Spread EURUSD (pips) | 1.1 | 0.9 |
| Commission (%) | 0 | 0 |
| Commission on Islamic Accounts (%) | 0 | 0 |
*Based on Standard account type.
Non-Trading Fees
| TYPE OF FEE | FPMARKETS | EASYMARKETS |
|---|---|---|
| Account Fees | N | N |
| Inactivity Fees | N | N |
| Deposit Fees | Y | N |
| Withdrawal Fees | Y | N |
Which broker is safer, FPMarkets or easyMarkets?
In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.
FPMarkets is regulated by CySec, ASIC and offers client protection. easyMarkets is regulated by CySec, ASIC and offers client protection.
Considering these two factors, and the general reputation and history of both brokers, we believe that FPMarkets is the safer broker.
Broker summary
| FPMARKETS | EASYMARKETS | |
|---|---|---|
| Minimum Deposit (USD $) | 100 | 100 |
| Licenses | CySec, ASIC | CySec, ASIC |
| Max. Leverage | 1:500 | 1:400 |
| Client Protection | Y | Y |
| Broker Type | STP/ECN/DMA | Market Maker |
| Number of Instruments | 10,000+ | 200+ |
| Currency Pairs | 61 | 103 |
| Stocks | 10,000 | 52 |
| Cryptocurrencies | 5 | 6 |
| CFDs | Y | Y |
| Proprietary Trading Platform | N | N |
| MT 4 | Y | Y |
| MT 5 | Y | N |
| Mobile Compatible | Y | Y |
| Research Tools | Y | Y |
| Educational Materials | Y | Y |
| Payment Methods | Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal and more | Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay, American Express, Union Pay and more |
| 24/5 Customer Support | Y | Y |
| Live Chat | Y | Y |
How many trading instruments are available at FPMarkets and easyMarkets?
FPMarkets provides traders with 10,000+ instruments. This includes 61 currency pairs, 5 cryptocurrencies, and 10,000 stocks and shares. With FPMarkets, you can also trade CFDs.
In comparison, easyMarkets boasts 200+ tradable instruments. easyMarkets offers 103 currency pairs, 6 cryptocurrencies, and 52 stocks and shares. easyMarkets also allows CFD trading.
As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.
Markets and Products
| INSTRUMENT | FPMARKETS | EASYMARKETS |
|---|---|---|
| Currency Pairs | 61 | 103 |
| Commodities | 3 | 12 |
| Precious Metals | 4 | 21 |
| Indices | 20 | 15 |
| Stocks and Shares | 10,000 | 52 |
| Cryptocurrencies | 5 | 6 |
| Options | 0 | 30 |
| ETFs | 1 | 1 |
Which broker offers the best trading platform, FPMarkets or easyMarkets?
When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.
FPMarkets provides you with the ability to trade via 4 trading platforms, and easyMarkets has 3 trading platforms. Both brokers also offer research and trading tools, however FPMarkets has more.
Overall, our experts agree that FPMarkets boasts the better trading platform offering.
Research Tools
| TOOL | FPMARKETS | EASYMARKETS |
|---|---|---|
| News (from top-tier sources) | Y | Y |
| Trading Signals and Indicators | Y | Y |
| Trade Ideas | Y | Y |
| Expert Analysis | Y | Y |
| Autochartist Tools | Y | N |
| Sentiment Charts | Y | Y |
| Economic Calendar | Y | Y |
Which is better for beginners, FPMarkets or easyMarkets?
To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.
Considering this, our reviews show that FPMarkets is the better broker for beginner traders as it offers a larger range of educational tools and materials. FPMarkets also has a minimum deposit of $.
Educational Features
| FEATURE | FPMARKETS | EASYMARKETS |
|---|---|---|
| Demo Account | Y | Y |
| Platform Tutorial Videos | Y | Y |
| Educational PDFs | Y | Y |
| Live Webinars | N | Y |
| YouTube Videos | Y | Y |
| Trading Academy | N | Y |
| Trading Glossary | Y | Y |
Which broker is better overall?
Overall, our tested reviewing methodology proves that FPMarkets is the better broker in a range of key areas. You can learn more by reading our FPMarkets and easyMarkets reviews.
