EasyMarkets vs. ForexTime
Comparison: EasyMarkets vs. ForexTime – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Winner of this comparison: ForexTime with an overall rating of 46%
Basic information
| Basic information |  EasyMarkets |  ForexTime |
|---|---|---|
| Deposit | 5 EUR/USD | 200 EUR/USD |
| Spreads | 1 EUR/USD | 1.5 EUR/USD |
| Established | 2001 | 2011 |
| Currency Pairs (Total Forex pairs) | 45 | 35 |
| Country | Cyprus | Cyprus |
| Regulation | Authorised in the European Union (EU), ASIC (Australia), Cysec | FCA (UK), Cysec |
| Trading app | MetaTrader 4 (MT4), Desktop Platform (Windows), Web Platform, MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Number of CFD asset classes | 6 | 6 |
| Broker type | MM | ECN, STP |
| Support | Mail, Chat | Phone, Mail, Chat |
| Funding methods | * Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire, WebMoney | * Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire, WebMoney |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
74% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparison Result
If you don’t want to read the full comparison, the winner of our review is ForexTime, which takes the lead with a rating of 46%, while EasyMarkets only reaches 38%. EasyMarkets requires a minimum deposit of 5 EUR/USD, while ForexTime sets it at 200 EUR/USD. Thanks to the lower deposit, EasyMarkets is more welcoming to traders with smaller budgets. For EasyMarkets, the spread is 1 EUR/USD, while for ForexTime it is 1.5 EUR/USD. Tighter spreads make EasyMarkets a more advantageous choice. EasyMarkets offers 45 forex pairs, while ForexTime provides 35. A wider selection gives EasyMarkets the advantage. EasyMarkets was founded in 2001, while ForexTime has been operating since 2011. The longer tradition of EasyMarkets means greater experience. Unfortunately, neither of them offers this option. EasyMarkets is overseen by 3 regulatory bodies, while ForexTime has 2. More regulations at EasyMarkets enhance its trustworthiness. EasyMarkets supports 4 platforms, while ForexTime offers 2. A greater choice of platforms gives EasyMarkets the lead.
38%
EasyMarkets
46%
ForexTime
Key Strengths
EasyMarkets
- Multiply regulated broker with a strong establishment: The broker holds multiple regulatory licenses and has a stable position in the market.
- Great technical solutions, tools, platforms: It offers excellent technical solutions, tools, and trading platforms.
- Good Reputation: It has a solid reputation and credibility.
- Quality education: It provides high-quality educational materials and training.
- Negative balance protection: It ensures protection against negative balances on accounts.
- Regulated by ASIC and CySEC: It is regulated by ASIC and CySEC, providing clients with assurance and transparency.
- Competitive trading conditions: It offers competitive trading conditions that can be advantageous for traders.
ForexTime
- Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
- Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
- Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
Comparison by Categories
Comprehensive Comparison: EasyMarkets vs ForexTime
EasyMarkets ForexTime Investments
75 % 75 %| Investments | EasyMarkets | ForexTime |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 45 | 35 |
| CFDs – Total Offered | 150+ | 250+ |
| Options CFD | No | No |
| Share CFDs | Yes | Yes |
| Forex CFD | Yes | Yes |
| Commodities CFD | Yes | Yes |
| ETF CFD | Yes | Yes |
| Indicies CFD | Yes | Yes |
| Cryptocurrency traded as actual | No | No |
| Cryptocurrency traded as CFD | Yes | Yes |
Cost
80 % 80 %| Cost | EasyMarkets | ForexTime |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1 | 1.5 |
| Deposit from | 5 | 200 |
| Account fee | No | No |
| Inactivity fee | Yes | Yes |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | No | No |
| Deposit fees | No | No |
Trading app
57 % 29 %| Trading app | EasyMarkets | ForexTime |
|---|---|---|
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | No |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
60 % 90 %| Trading Tools | EasyMarkets | ForexTime |
|---|---|---|
| Financial leverage | Yes | Yes |
| Virtual Trading (Demo) | No | Yes |
| Alerts – Basic Fields | No | Yes |
| Charting – Indicators / Studies (Total) | Yes | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | Yes | Yes |
| Stop-Loss | Yes | Yes |
| Finacial Calendar | Yes | Yes |
| Daily financial news | No | Yes |
| Order Type – Trailing Stop | No | No |
Research
50 % 50 %| Research | EasyMarkets | ForexTime |
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Social Sentiment – Currency Pairs | No | No |
| Economic Calendar | No | No |
| Research | No | No |
Education
33 % 67 %| Education | EasyMarkets | ForexTime |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | No | Yes |
| Videos – Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
| Education | No | Yes |
Forex
100 % 100 %| Forex | EasyMarkets | ForexTime |
|---|---|---|
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| EUR/USD | Yes | Yes |
| USD/CHF | Yes | Yes |
| USD/CAD | Yes | Yes |
| NZD/USD | Yes | Yes |
| AUD/USD | Yes | Yes |
Commodities
0 % 55 %| Commodities | EasyMarkets | ForexTime |
|---|---|---|
| Gold | No | Yes |
| Silver | No | Yes |
| WIT Oil | No | Yes |
| Brent Oil | No | Yes |
| Coffee | No | No |
| Cocoa | No | No |
| Soybeans | No | No |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | Yes |
| Palladium | No | Yes |
Indicies
100 % 100 %| Indicies | EasyMarkets | ForexTime |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | Yes | Yes |
| Nikkei | Yes | Yes |
Cryptocurrencies
20 % 30 %| Cryptocurrencies | EasyMarkets | ForexTime |
|---|---|---|
| Bitcoin | Yes | Yes |
| Litecoin | No | Yes |
| Ethereum | Yes | Yes |
| Ripple | No | No |
| Neo | No | No |
| Stellar | No | No |
| Cardano | No | No |
| Tron | No | No |
| Monero | No | No |
| EOS | No | No |
Regulations
50 % 33 %| Regulations | EasyMarkets | ForexTime |
|---|---|---|
| Cysec | Yes | Yes |
| ASIC (Australia) | Yes | No |
| FCA (UK) | No | Yes |
| Authorised in the European Union (EU) | Yes | No |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
67 % 100 %| Support | EasyMarkets | ForexTime |
|---|---|---|
| Chat | Yes | Yes |
| Phone | No | Yes |
| Yes | Yes |
Overall
38 % 46 %| Overall | EasyMarkets | ForexTime |
|---|
Our Recommendations
Best for ForexTime
Thanks to comprehensive educational materials and a user-friendly platform, ForexTime is an ideal choice for new traders.
Best Platform EasyMarkets
The trading platform of broker EasyMarkets offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
EasyMarkets ForexTime