Choicetrade
easyMarkets
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Overview
Choicetrade was founded in 2009 and is headquartered in United States, while easyMarkets was established in 2003 and is based in Cyprus, Australia. Choicetrade holds licences including Unregulated, while easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Choicetrade serves 10,000+ clients worldwide; easyMarkets has 142,500+. The minimum deposit is $250 at Choicetrade and $100 at easyMarkets.
| Feature | Choicetrade | easyMarkets |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2009 | 2003 |
| Country | United States | Cyprus, Australia |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Choicetrade and easyMarkets, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Choicetrade). Choicetrade charges withdrawal fees while easyMarkets does not, a notable advantage for frequent withdrawers. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | Choicetrade | easyMarkets |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Choicetrade 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 Choicetrade does not offer. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | Choicetrade | easyMarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . | 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 Choicetrade and easyMarkets compare. easyMarkets runs regular live webinars; Choicetrade does not. easyMarkets has a video library; Choicetrade does not. easyMarkets publishes daily market commentary; Choicetrade does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); Choicetrade does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | Choicetrade | easyMarkets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Choicetrade 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 | Choicetrade | 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 Choicetrade and easyMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Choicetrade supports 2 languages and easyMarkets supports 5, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Choicetrade | easyMarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Arabic, Chinese, Spanish and Polish |