easyMarkets
Forex Financial Services
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while Forex Financial Services was established in 2008 and is based in Australia. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. easyMarkets serves 142,500+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $100 at easyMarkets and $2500 at Forex Financial Services.
| Feature | easyMarkets | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Australian Securities and investment Commission (ASIC) |
| Founded | 2003 | 2008 |
| Country | Cyprus, Australia | Australia |
| Clients | 142,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets and Forex Financial Services, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. Forex Financial Services charges deposit fees; easyMarkets does not. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | easyMarkets | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, while Forex Financial Services 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 Financial Services |
|---|---|---|
| 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 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how easyMarkets and Forex Financial Services compare. easyMarkets runs regular live webinars; Forex Financial Services does not. easyMarkets has a video library; Forex Financial Services does not. easyMarkets publishes daily market commentary; Forex Financial Services does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); Forex Financial Services does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | easyMarkets | Forex Financial Services |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Financial Services supports 2 (bank transfer, credit/debit card). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | Forex Financial Services |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 Financial Services offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and Forex Financial Services supports 2, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | Forex Financial Services |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, and Chinese |