easyMarkets vs FXOpen Forex Broker Comparison
A head-to-head comparison of easyMarkets and FXOpen across regulation, trading costs, platforms, and editorial scoring.
Score 3.9 / 5
2 bonusesFixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.
VS
Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.
Our Verdict
FXOpen winsby 0.3 pts
FXOpen edges ahead with a score of 4.2/5 vs easyMarkets's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FXOpen offers tighter spreads from 0 pips vs 0.7 pips for easyMarkets, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for active traders
Recommended
FXOpen has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Best for platform choice
Recommended
easyMarkets offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
FXOpen edges out easyMarkets with a higher editorial score (4.2/5 vs 3.9/5), indicating a stronger overall experience for new traders.
easyMarkets vs FXOpen: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5 | 4.5 / 5▲ |
Fees & Spreads 30% weight | 3.8 / 5 | 4.8 / 5▲ |
Platforms & Tools 20% weight | 4.0 / 5 | 4.4 / 5▲ |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 2001 | 2003 |
| Headquarters | Limassol, Cyprus | London, United Kingdom |
| Min deposit | $25 | $100 |
| Spreads from | 0.7 pips | 0 pips |
| Commission / lot | N/A | $3/lot |
| Max leverage | 400:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC CySEC CNV MNB HCMC | FCA ASIC CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 cTrader |
| Active bonuses | ||
| Visit broker | Visit easyMarkets | Visit FXOpen |
easyMarkets vs FXOpen Forex Broker Pros & Cons
Pros
Fixed spreads with no-slippage guarantee on web platform
Unique dealCancellation feature to undo losing trades
Very low $25 minimum deposit
CySEC, ASIC regulated
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
FCA, CySEC, and ASIC triple regulation
$3 round-turn ECN commission - one of the lowest in retail forex
Early cTrader adopter with mature integration
MT4, MT5, and cTrader all available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Cons
Fixed spreads are wider than ECN variable spread accounts
Proprietary platform feels dated compared to MT4/MT5
Limited research tools
Limited charting capabilities
Cons
$100 minimum deposit on ECN accounts
Less brand recognition than larger competitors
Customer support coverage narrower than global tier-1 brokers
No proprietary platform
No phone support
easyMarkets vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
easyMarkets
criteria wins
2
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | easyMarkets | FXOpen |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
easyMarkets vs FXOpen: Frequently Asked Questions
Based on our independent editorial scoring, FXOpen ranks higher with a score of 4.2/5 vs 3.9/5 for easyMarkets. The best choice still depends on your individual trading needs; easyMarkets and FXOpen may each suit different trader profiles.
FXOpen offers tighter spreads starting from 0 pips, compared to easyMarkets's spreads from 0.7 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
easyMarkets has a lower minimum deposit of $25, while FXOpen requires at least $100. This makes easyMarkets more accessible for traders with limited starting capital.
Both easyMarkets and FXOpen hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: easyMarkets has a lower minimum deposit ($25), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
easyMarkets offers maximum leverage of 400:1, while FXOpen offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
FXOpen charges $3 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
easyMarkets supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and FXOpen offers MetaTrader 4, MetaTrader 5, cTrader; both support MetaTrader 4, MetaTrader 5; easyMarkets exclusively offers Proprietary Web/Mobile; FXOpen exclusively offers cTrader.
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Score 3.9 / 5
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