In this comparison, easyMarkets and MIFX clash over regulation, protection, and instrument breadth. The axis of tension centers on trust versus cost and access.
easyMarkets and MIFX are closely matched, but easyMarkets benefits from top-tier regulators and an investor compensation scheme.
Find out which broker best suits your trader profile.
Choose easyMarkets if…
Choose easyMarkets if you prioritise strong regulation and an investor compensation scheme.
Choose MIFX if…
Choose MIFX if you prefer domestic Indonesian licensing, local bank transfers, and MT4 access.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
easyMarkets offers tighter spreads from 0.70 pips vs 1.50 pips for MIFX, reducing trading costs.
| Editorial score | 3.9/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5▲ | 3.7 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | easyMarkets | MIFX |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| 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 | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
The scores are close: easyMarkets rates 3.9/5 and MIFX rates 3.8/5. easyMarkets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
easyMarkets starts from 0.7 pips, tighter than MIFX's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
easyMarkets has $25, while MIFX requires at least $30. This makes easyMarkets more accessible for traders with limited starting capital.
easyMarkets holds top-tier regulation (ASIC, CNV, HCMC), providing stronger investor protections. MIFX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
easyMarkets stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
easyMarkets lists maximum leverage of 400:1, while MIFX lists up to 100:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
easyMarkets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while MIFX supports Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. easyMarkets has exclusive access to MetaTrader 5.
easyMarkets wins for safety and regulation due to top-tier regulators and investor compensation coverage.
MIFX is better suited for scalpers: raw/ECN spreads available.
easyMarkets wins for platform choice with MT4, MT5 and proprietary platform.
easyMarkets wins for beginners with a $25 minimum deposit and protection features.
easyMarkets wins for instrument variety with 200 instruments.
Fees & Spreads 30% weight | 3.8 / 5 | 3.9 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.8 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5 | 3.9 / 5 |
|---|
| Founded | 2001 | 2003 |
|---|
| Headquarters | Limassol, Cyprus | Jakarta, Indonesia |
|---|
| Min Deposit | $25▼ lower | $30 |
|---|
| Spreads From | 0.7 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 400:1▲ higher | 100:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CNV HCMC CySEC MNB | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
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
Over 20 years of operation as an Indonesian-licensed broker
Holds both BAPPEBTI and OJK licences, full domestic regulatory compliance
Supports local Indonesian bank transfers for deposits and withdrawals
IDR account denomination avoids currency conversion costs
Client funds held in segregated accounts
Raw spread account available
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
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
Only available to Indonesian residents, no international clients
Limited asset classes compared to international brokers
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
Limited charting capabilities
Support available in limited languages
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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