| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | 275+ Markets To Trade | easyMarkets provides trading on MT4 and MT5 (including automated trading), its user friendly easyMarkets Platform and TradingView, with fixed spreads on all except MT5 (which has variable spreads from 0.5) About |
| FXTM | $10 Minimum Deposit | MT4, MT5 Trading Platforms | 1000+ Markets To Trade | FXTM provides MetaTrader, allowing automated trading, has a Micro (Cent) account with low trade sizes and provides copy trading About |
easyMarkets vs FXTM Comparison
easyMarkets and FXTM both allow automated trading with EA robots. easyMarkets provides fixed spreads on nearly all its platforms, with the exception of MT5. easyMarkets provides more platforms than FXTM: both offer MT4 and MT5, easyMarkets additionally provides its easyMarkets Platform and TradingView.
Minimum deposit and account types
The minimum deposit for easyMarkets is $25. The minimum deposit for FXTM is $10 ($50 in the EEA).
- easyMarkets offers Standard, Premium and VIP accounts (in the EEA, Standard and VIP are available). The minimum deposit for the Standard account is $25, for the Premium account is $2000 and for the VIP account is $10,000. Each ascending account type types offers lower minimum spreads. All account types provide a Personal Account Manager, 24/5 Phone and Live Chat and Trading Insights. The easyMarkets Platform offers dealCancellation, InsideViewer and Freeze Rate. The minimum trade size is 0.01 lots.
- FXTM offers three account types: Micro, Advantage and Advantage Plus. The minimum deposit for the Micro account is $10 ($50 in the EEA). The minimum deposit for the Advantage and Advantage Plus account is $500. The Micro account is a Cent type account with low minimum trade sizes. The Advantage account offers spreads from 0 plus a commission charge. The Micro and the Advantage Plus accounts offer spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest. The minimum trade size is 0.0001 lots.
Markets
- easyMarkets provides Forex, Indices, Energy, Metals, Stocks, Soft Commodities, Cryptocurrencies and Options, with 275+ available.
- FXTM offers Forex, Indices, Energy, Metals and Stocks, with 1000+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| easyMarkets Broker | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | easyMarkets offers its user friendly easyMarkets Platform, with a range of tools such as Freeze Rate and dealCancellation and offers MT4, MT5 and TradingView Description |
| FXTM Broker | MT4, MT5 Trading Platforms | FXTM provides a range of account types including a Cent type account, offers MT4 and MT5, allowing automated trading and provides copy trading via FXTM Invest Description |
Spreads and leverage
Forex spreads at easyMarkets are fixed from 0.7 and variable from 0.5 without a commission charge. On FXTM's Micro and Advantage Plus accounts, Forex spreads are from 1.5 without a commission charge. On FXTM's Advantage account, Forex spreads are from 0.1 plus commission.
Maximum leverage for easyMarkets (CySEC regulated) is . Maximum leverage for FXTM is .
Commissions
- easyMarkets does not charge commissions.
- FXTM charges a commission from $0.40-$2 per lot per side, depending on the equity in the account and the volume traded.
Online trading platforms
easyMarkets offers MT4, MT5, the easyMarkets Platform and TradingView. FXTM provides MT4 and MT5.
Why easyMarkets or FXTM ?
Traders who want to trade on MT4 or MT5 (including automated trading) can do so at either easyMarkets or FXTM. Traders who want to trade on a user friendly platform with tools such as dealCancellation, may do so on the easyMarkets Platform. Traders who want to trade on TradingView can find this platform at easyMarkets. Traders who want to trade with fixed spreads, may do so at easyMarkets. Traders who want to trade on a Cent account, with low minimum trade sizes, may do so at FXTM.
Comparison summary
- Both offer CFD trading
- Both provide MT4 and MT5
- easyMarkets additionally offers the easyMarkets Platform and TradingView
- easyMarkets has fixed spreads
- Both allow automated trading
- FXTM has a Cent type account with low trade sizes
