Barclays
easyMarkets
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Overview
Barclays was founded in 2011 and is headquartered in United Kingdom, while easyMarkets was established in 2003 and is based in Cyprus, Australia. Barclays holds licences including Financial Conduct Authority (FCA), while easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Barclays serves 10,000+ clients worldwide; easyMarkets has 142,500+. The minimum deposit is $0 at Barclays and $100 at easyMarkets.
| Feature | Barclays | easyMarkets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2011 | 2003 |
| Country | United Kingdom | Cyprus, Australia |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Barclays and easyMarkets, directly affecting your bottom line as a trader. Barclays has a lower barrier to entry with a minimum deposit of $0 (vs $100 at easyMarkets). Neither broker charges withdrawal fees. Overall, Barclays scores higher on fees in our assessment.
| Feature | Barclays | easyMarkets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Barclays offers MT4, MT5, cTrader, while easyMarkets supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. easyMarkets supports social and copy trading features, which Barclays does not offer. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | Barclays | easyMarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Barclays and easyMarkets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Barclays | easyMarkets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Barclays accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while easyMarkets supports 4 (bank transfer, credit/debit card, Skrill, Neteller). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | Barclays | easyMarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Barclays and easyMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Barclays supports 2 languages and easyMarkets supports 5, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Barclays | easyMarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Arabic, Chinese, Spanish and Polish |