easyMarkets
fxcl markets
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while fxcl markets was established in 2006 and is based in Cayman Islands. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while fxcl markets is regulated by Financial Services Authority (FSA) number 1637 among others. easyMarkets serves 142,500+ clients worldwide; fxcl markets has 10,000+. The minimum deposit is $100 at easyMarkets and $250 at fxcl markets.
| Feature | easyMarkets | fxcl markets |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Financial Services Authority (FSA) number 1637 |
| Founded | 2003 | 2006 |
| Country | Cyprus, Australia | Cayman Islands |
| Clients | 142,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets and fxcl markets, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fxcl markets). Neither broker charges withdrawal fees. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | easyMarkets | fxcl markets |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, while fxcl markets 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 | fxcl markets |
|---|---|---|
| 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, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how easyMarkets and fxcl markets 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 | easyMarkets | fxcl markets |
|---|---|---|
| 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. easyMarkets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while fxcl markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxcl markets uniquely supports PayPal among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | fxcl markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both easyMarkets and fxcl markets offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and fxcl markets supports 8, giving fxcl markets broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | fxcl markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |