easyMarkets is an online broker that prides itself as a simple and honest broker. It began operations way back in 2001 and it offers over 200 tradable assets on its cutting-edge platforms, which includes the MT4 and the proprietary platform.
|#||Broker's Features||FXPRIMUS Availability||EASYMARKETS Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||❌||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare FXPRIMUS vs Easymarkets.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. FXPRIMUS offers Online Financial Trading and Investment Services Such as Commodities, Metals, Oil, Gold, Indices, while Easymarkets offers Currencies, Commodities, Indices, Cryptocurrency, Futures, Options.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. FXPRIMUS is STP, while Easymarkets is Market Maker.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FXPRIMUS is regulated by CySEC, while Easymarkets regulated by ASIC, CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. FXPRIMUS offers USD, EUR, GBP, AUD, SGD different account currencies for each account types, while Easymarkets offers USD, EUR, GBP, JPY, CHF, AUD, NZD, ZAR account currencies.
Languages Available: Next lets have a look at each broker's different Language options. FXPRIMUS offers Arabic, Chinese, English, French, German, Italian,, while Easymarkets offers Arabic, Chinese, English, Polish, Spanish Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. FXPRIMUS offers Bank Wire Transfer, Moneybookers different payment methods for each account types, while Easymarkets offers Credit/Debit Cards, Bank Transfer, Payoneer, Neteller payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FXPRIMUS makes MT4, FXPRIMUS WebTrader, iPhone, iPad available to clients, while Easymarkets offers easyMarkets Platform, MT4.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Easymarkets is more reliable based on our criteria above. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. Easymarkets broker is regulated in more major hubs. Easymarkets offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. As a market maker, Easymarkets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.