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easyMarkets , FXOpen Broker Comparison

Do you want to know which is the better broker between easyMarkets and FXOpen ?

In the table below, you can compare the features of easyMarkets , FXOpen side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost (USD/Lot)
Swap
Swap Rating
  • Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
7.96
Regulated
Not Guaranteed
20+ years
ASIC,CYSEC,FSC,FSA
Supported
Supported
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--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
200 AUD
1:400
EUR/USD from 0.6; GBP/USD from 1; USD/JPY from 1; OIL/USD from 0.03; XAU/USD from 0.3
--
Fixed
0.01
--
6.78
Regulated
Not Guaranteed
10-15 years
CYSEC,FCA,ASIC
Supported
Supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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--

--

--

--
--
--
--
--
--
--
$250,000
--
from 0.0
--
Floating
--
--
Score
Regulatory Status
Regulated
Regulated

easyMarkets 、 FXOpen BrokerRelated News

easyMarkets 、 FXOpen BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do easymarkets and fxopen have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

easymarkets
easyMarketsReview Summary
Founded2003-12-06
Registered Country/RegionAustralia
RegulationASIC and CYSEC Regulations, FSA and FSC Offshore Regulations
Market InstrumentsForex, Commodities, Indices, Cryptocurrencies, Precious Metals, Shares
Demo Account
LeverageUp to 1:2000
SpreadEUR/USD is at 0.6 pips
Trading PlatformeasyMarkets Web/App, MT4, MT5 (Desktop Web, iOsAndroid), TradingView (Desktop Web, Mobile)
Min Deposit25 USD
Customer Supportsupport@easy-markets.com
Live Chat
Facebook, Twitter, Weibo, LinkedIn, YouTube, Instagram
CT House, Office No.8F, Providence, Mahe, Seychelles

easyMarkets Information

What is easyMarkets? Founded in 2001 as “easy-forex” and rebranded to easyMarkets in 2016, the broker has stuck to its “Simply Honest” philosophy for over 20 years. A global multi-asset trading platform, it serves traders of all skill levels via innovative tools, diverse platforms, and transparent terms, standing out as stable and innovative with multi-country regulation and a strong reputation.

Its development includes launching forex trading in 2001, introducing “Guaranteed Stop Loss” in 2003, expanding to stocks/cryptocurrencies post-2016, partnering with Real Madrid in 2020, and holding 5-star Trustpilot ratings plus industry awards. Regulated by CySEC, ASIC, FSCA, and FSC, it segregates client funds in banks like Barclays/HSBC. Focused on “simpler, transparent trading,” it offers 275+ instruments and multi-terminal support.

easyMarkets Website

Pros and Cons

Pros Cons
RegulatedMax 1:2000 leverage
Negative Balance Protection“Guaranteed Stop Loss” only on proprietary Web/App
EUR/USD is at 0.6 pipsMT4 lacks variable spreads
Zero trading commissions1-2 weeks adaptation recommended
EA (Expert Advisor) download
24/5 phone and live chat support

Is easyMarkets Legit?

easyMarkets is a fully legitimate and compliant broker, as it holds licenses from authoritative global regulators like CySEC (≥200% capital adequacy ratio), ASIC, and FSCA (trades supervised, no compliance disputes); publishes transparent trading terms (spreads, leverage, fees) on its official website, releases regular account reports, supports third-party audits, and proactively discloses critical info to meet “investor suitability” requirements; implements a “client fund segregation system” (funds in separate bank accounts, no historical losses); and has over 20 years of operation with no major compliance issues, won awards like TradingViews “Best Forex/CFD Broker,” serves 1M+ global traders, and has above-average user retention and reinvestment rates.

ASIC licenses
Cyaec licenses
FSA licenses
FSC licenses
Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
ASICRegulatedEASYMARKETS PTY LTDAustraliaMarket Maker (MM)246566
CYSECRegulatedEasy Forex Trading LtdCyprusMarket Maker (MM)079/07
FSAOffshore RegulatedEF Worldwide LtdSeychellesRetail Forex LicenseSD056
FSCOffshore RegulatedEF Worldwide LtdThe Virgin IslandsRetail Forex LicenseSIBA/L/20/1135
easyMarkets regiateration

What Can I Trade on easyMarkets?

easyMarkets offers 7 asset classes and over 275 tradable instruments, spanning forex (95+ pairs like EUR/USD, 0.6-200 pips spreads), global shares (U.S./European/Australian/Hong Kong stocks like Apple, Tencent, T+0 trading), cryptocurrencies (20+ coins like BTC/ETH, 24/7 trading, MT5 max 1:400 leverage), metals (Gold XAU/USD, 0.2-0.45 USD spreads for inflation hedging), commodities (Crude Oil/Gas, MT5 max 1:400 leverage for supply-demand tracking), indices (Nasdaq/Dow Jones/Hang Seng, with multiplier-based contract value), and Vanilla Options (for currency pairs/precious metals, fixed risk for volatility hedging).

easyMarkets market information
Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds

Account Type

What account types does easyMarkets offer? easyMarkets offers 3 account types, with core differences based on “capital size, spread type, and leverage limit” to suit diverse trader needs:

Feature CategoryVIP AccountStandard AccountMT5 Account
Minimum Deposit10,000 USD25 USD25 USD
Spread TypeFixedFixedVariable
Max Leverage1:4001:4001:2000
Core FeaturesLow fixed spreads (from 0.6 pips for EUR/USD)Dedicated premium account managerPriority customer supportCustomized strategy adviceBasic trading toolsControllable fixed costsDemo account accessBeginner-friendly learning resourcesVariable spreads (from 0.9 pips for GBP/USD)Dynamic leverage21 chart timeframes38 built-in indicators
Target UsersHigh-net-worth clientsInstitutional tradersSeasoned individual tradersBeginnersRegular retail tradersUsers with small capitalAdvanced tradersEA usersThose seeking low variable spreads

Common Features: All accounts have no commissions or account fees, support 18 account currencies (including CNY, USD, EUR, JPY), and include the platforms core risk tools (Negative Balance Protection) and customer support services.

easyMarkets Fees

easyMarkets focuses on “no hidden fees,” with costs limited only to spreads and no additional charges in other processes. It has no trading commissions—fixed spreads (available on MT4, Web/App, and TradingView) range from 0.7–2.5 pips for major currency pairs (e.g., 0.6 pips for EUR/USD) and 7–200 pips for exotic pairs (e.g., 200 pips for USD/MXN), staying stable during market volatility; variable spreads (MT5 only) range from 0.7–1.5 pips for major pairs (e.g., 1 pip for USD/JPY) and 4.9–44.1 pips for exotic pairs (e.g., 11 pips for USD/CNH), adjusting dynamically with market liquidity.

It charges no deposit or withdrawal fees, supporting payment methods like Visa/Mastercard, bank transfers, Skrill/Neteller, and UnionPay (some regional banks may charge small transfer fees not imposed by the platform). There are also no account maintenance fees, rollover fees for overnight positions, or data usage fees, while the optional “Guaranteed Stop Loss with No Slippage” feature requires activation via wider spreads.

Fee CategoryDetailsExamplesMT5 Account
Trading FeesNo commissions; costs limited to spreads only25 USD
Fixed SpreadsAvailable on MT4/WebApp/TradingViewMajor pairs: 0.7–2.5 pipsExotic pairs: 7–200 pipsEUR/USD: 0.6 pipsGBP/USD: 1.3 pipsUSD/MXN: 200 pipsUSD/CNH: 25 pipsVariable
Variable SpreadsMT5 onlyMajor pairs: 0.7–1.5 pipsExotic pairs: 4.9–44.1 pipsUSD/JPY: 1 pipEUR/JPY: 1.5 pipsUSD/CNH: 11 pipsUSD/MXN: 44.1 pips1:2000
Deposit/WithdrawalZero fees (platform charges none)Note: Some banks/e-wallets may impose third-party feesSupported methods: Visa/Mastercard, Bank Transfer, Skrill/Neteller, UnionPay (China)
Other FeesNo account maintenance feesNo rollover fees (overnight positions free)No data usage fees“Guaranteed Stop Loss” feature is optional (activated via wider spreads, not mandatory)
easyMarkets fees information

Leverage

What is easyMarkets leverage? easyMarkets'leverage uses a tiered system based on platform type, account equity, and regional regulations: MT4/VIP/Standard Accounts have max leverage of 1:400 (forex), 1:20 (stocks), 1:50–100 (crypto), 1:200 (metals/commodities); MT5 Accounts (unregulated regions) offer up to 1:2000 (forex), 1:40 (stocks), 1:400 (crypto/metals/commodities), plus a 5-tier dynamic mechanism (higher equity = lower leverage) adjusting all instruments margin requirements.

Equity TierAccount Equity RangeMax Leverage
Tier 10.00 – 9,999.991:2000
Tier 210,000.00 – 49,999.991:1000
Tier 350,000 – 249,999.991:500
Tier 4250,000 – 499,999.991:200
Tier 5500,000 and above1:100

Trading Platform

What easyMarkets Trading Platform is available? easyMarkets offers 4 major trading platforms to suit different operating habits and strategy needs, with key features as follows:

Trading PlatformSupported Available Devices Suitable for
easyMarkets Web/AppDesktop Web, iOS, AndroidBeginners, traders preferring simple operations
MT4Windows, Mac, iOS, AndroidBeginners, traders familiar with the MT4 ecosystem
MT5Windows, Mac, iOS, AndroidAdvanced traders, EA developers
TradingViewDesktop Web, MobileTechnical analysis enthusiasts, traders needing community interaction
easyMarkets mt4 and mt5 information

Common Features: All platforms support “demo accounts” (risk-free trials with full functionality), real-time position management, and trading signal alerts. Account funds can be managed uniformly via the easyMarkets client portal.

Deposit and Withdrawal

How about easyMarkets Deposit and Withdrawal details? easyMarkets has uniform deposit rules: 25 USD minimum (no max) across platforms, with deposit methods including instant credit cards, 1–5 business day bank transfers, 1–3 day e-wallets (Skrill/Neteller), and 1–2 day local methods (e.g., UnionPay), though deposit currency must match account currency to avoid small exchange costs; withdrawals require matching deposit methods (no min limit), take 1–3 days (e-wallets), 3–7 days (bank transfers) or 1–5 days (credit cards), with requests reviewed in 1–2 days, and client funds are secured in regulated segregated bank accounts.

CategoryDetails
Minimum Deposit25 USD (≈180 CNY, real-time exchange rate) for all account types
Maximum DepositNo upper limit
Deposit MethodsCredit cards (instant)Bank transfers (1–5 business days)E-wallets (Skrill/Neteller, 1–3 business days)Local methods (e.g., UnionPay China, 1–2 business days)
Deposit NotesDeposit currency must match account currencyMismatched currencies converted at real-time rates (may incur small exchange costs)
Withdrawal MethodsMust match deposit method (anti-money laundering compliance)Bank transfers & e-wallets supportedNo minimum withdrawal limit
Withdrawal ProcessingE-wallets: 1–3 business daysBank transfers: 3–7 business daysCredit cards: 1–5 business days (subject to issuer policies)
Verification ProcessRequests reviewed within 1–2 business daysNo manual delays after approval
Fund SecurityClient funds stored in segregated accounts at top-tier banksReal-time regulatory supervisionThe platform cannot use client funds for operationsSegregated accounts ensure priority fund return in extreme scenarios
easyMarkets Deposit and Withdrawal details

Copy Trading

easyMarkets doesn't have a dedicated “Copy Trading (auto-copy trading)” feature, but offers alternatives: traders can view other users'public trading records/strategies via TradingView integration (manual reference, risk judgment needed), all accounts get daily Trading Central technical analysis emails and fundamental reports (beginners adjust directions with this), and account managers provide personalized strategy advice (e.g., swing trading levels) as “manual copy trading” support for beginners.

Bonus

easyMarkets designs three types of bonus programs around “new client acquisition, existing client retention, and channel promotion,” with transparent rules and no mandatory trading requirements:

First Deposit Bonus:

Rules: New clients receive a 50% bonus on their first deposit.

fxopen
Quick FXOpen Review Summary
Founded in 2007
Registered inCyprus
Regulated byCySEC
Trading Instruments700+, indices, commodities, forex, shares, cryptos, ETFs
Demo Account
Account TypeECN
Min Deposit$/€300
LeverageUp to 1:30
EUR/USD SpreadFloating around 0.2 pips
Trading PlatformMT4/5, TickTrader, TradingView
Deposit Fee
Withdrawal FeeFree for Viisa/MasterCard and Easy bank transfer, fees for Bank Transfer
Customer Service9 am - 8 pm (Eastern European Time)
Live chat
Tel: +357 25024000
Email: support@fxopen.eu
Regional RestrictionUSA

FXOpen Information

FXOpen is a trading name of FXOpen EU Ltd, is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13. FXOpen offers retail and professional trading available markets including indices, commodities, forex, shares, cryptos, and ETFs through MT4, MT5, TickTrader, and TradingView platforms.

FXOpen's homepage

Pros & Cons

ProsCons
Regulated by CySECUS clients are not accepted
Negative balance protectionNo copy trading
Many instruments availableHigh minimum deposit
Demo accountsWithdrawal fees charged
MT4 and MT5 platforms
Live chat support

Is FXOpen Legit?

Yes, FXOpen is regulated by Cyprus Securities and Exchange Commission (CySEC).

Regulated CountryRegulated byRegulated EntityLicense TypeLicense Number
CySECFXOpen EU LtdMarket Making (MM)194/13
Regulated by CySEC

Market Instruments

Indices, commodities, forex, shares, cryptos, ETFs... FXOpen allows clients to access 700+ trading markets.

Trading AssetsAvailable
Indices
Commodities
Forex
Shares
Cryptos
ETFs
Bonds
Options

Account

FXOpen only offers a single account type - ECN trading account, with a minimum deposit requirement of 300 USD or EUR. You can find detailed info about account features in the table and screenshot below:

ECN Trading Account Features
Min Deposit$/€300
Max Leverage1:30
Spread Floating from 0 pips
CommissionFrom $1.5 per lot
Demo Account
ECN account trading features

Leverage

The maximum leverage offered by FXOpen is 1:30. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

The EUR/USD spread is floating around 0.2 pips. If you are interested in spreads on other trading instruments, you can find detailed spread info on its homepage: https://fxopen.com/en-cy/

Spreads

As for commissions, if your account balance is below $1,000, the commission for forex trading is $3.5 per lot, while $1.5 per lot for account balance over $250,000+. Visit https://fxopen.com/en-cy/pricing/ to find more specific info on commissions on other trading instruments.

ECN Account - FX Commission
Account BalanceCommission
Below $1,000$3.5 per lot
$1,000 - $25,000$2.5 per lot
$25,000 - $250,000$1.8 per lot
$250,000+$1.5 per lot
Commissions

Trading Platforms

As for the trading platform, FXOpen provides its clients with many options. There are public platforms such as MT4/5 and TradingView that have served many clients worldwide, also FXOpen's own platform TickTrader.

If you didn't want to spend time familiarizing yourself with a new platform, you can choose MT4/5 and TradingView. But FXOpen's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

Trading PlatformSupported Available Devices Suitable for
MT4Windows, MacOS, Web, iOS, AndroidBeginners
MT5Windows, MacOS, Web, iOS, AndroidExperienced traders
TickTraderMacOS, Windows, Linux, Web, iOS, Android/
TradingViewWindows, Web, iOS, AndroidBeginners
Trading Platforms
Trading platforms comparison

Deposit & Withdrawal

In terms of deposit and withdrawal, like many good brokers, FXOpen provides a detailed form with important information about payment methods, accepted currencies, minimum/maximum amount, fees, and processing time. The feasible payment methods are Bank Transfer, Visa/MasterCard, and Easy bank transfer.

Deposit

Deposit MethodMin DepositMax DepositDeposit Fee
Visa/MasterCard0.01 EUR, 1 USD1,000 EUR/USD
Easy Bank Transfer20,000 EUR/GBP50 EUR/GBP
Deposit

Withdrawal

Withdrawal MethodMin WithdrawalMax WithdrawalWithdrawal FeeWithdrawal Time
Bank Transfer15 EUR, 30 USD, 15 GBPNo limit15 EUR, 30 USD, 15 GBP1-3 business days
Visa/MasterCard1 EUR/USD1,000 EUR/USD2-5 business days
Easy Bank Transfer10 EUR/GBP20,000 EUR/GBP/

Note: Withdrawal forms received before 12:00 (GMT) will be processed on the same business day. If these are received after 12:00 (GMT) or the weekend, they will be processed the next business day.

Withdrawal
Deposit & Withdrawal

Customer Support

FXOpen does not offer 24/7 customer support. Customer service time is only available from 9 am to 8 pm (Eastern European Time) by live chat, phone, and email. You can also follow FXOpen on some social media platforms such as YouTube, Facebook, X, Telegram, LinkedIn, and Instagram.

Service Time9 am - 8 pm (Eastern European Time)
Live Chat
Phone+357 25024000
Emailsupport@fxopen.eu
Address38 Spyrou Kyprianou Street, CCS BLDG - Office N101, 4154 Limassol, Cyprus
Social MediaYouTube, Facebook, X, Telegram, LinkedIn, Instagram
Contact info

Do easymarkets and fxopen have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive easymarkets and fxopen are, we first considered common fees for standard accounts. On easymarkets, the average spread for the EUR/USD currency pair is EUR/USD from 0.6; GBP/USD from 1; USD/JPY from 1; OIL/USD from 0.03; XAU/USD from 0.3 pips, while on fxopen the spread is from 0.0.

Which broker between easymarkets, fxopen is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

easymarkets is regulated by ASIC,CYSEC,FSC,FSA. fxopen is regulated by CYSEC,FCA,ASIC.

Which broker between easymarkets, fxopen provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

easymarkets provides the easyMarkets Web / App, TradingView, MT4,Standard MT4,VIP MT4,MT5 VIP,MT5 Standard platform with products like --; fxopen offers the Elite ECN,Advanced ECN,Classic ECN,Basic platform featuring assets including --.

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