easyMarkets
Forex.com
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while Forex.com was established in 2001 and is based in United States. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Forex.com is regulated by Financial Conduct Authority (FCA) among others. easyMarkets serves 142,500+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $100 at easyMarkets and Typical at Forex.com.
| Feature | easyMarkets | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Founded | 2003 | 2001 |
| Country | Cyprus, Australia | United States |
| Clients | 142,500+ | 150,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets and Forex.com, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs Typical at Forex.com). Forex.com charges withdrawal fees while easyMarkets does not, giving easyMarkets an edge for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; easyMarkets does not. Forex.com charges deposit fees; easyMarkets does not. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | easyMarkets | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, while Forex.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | easyMarkets | Forex.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how easyMarkets and Forex.com 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. easyMarkets scores higher overall in education and research.
| Feature | easyMarkets | Forex.com |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. easyMarkets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). easyMarkets uniquely supports Skrill and Neteller among the two brokers. Forex.com uniquely supports PayPal among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | Forex.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both easyMarkets and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and Forex.com supports 3, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | Forex.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, Chinese, Arabic |