HomeBroker ReviewsEasyequities ReviewMongolia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
August 2026
🌍
Country
Mongolia
Live account tested
Broker Review · Mongolia 2026

EasyEquities Review 2026 – What Mongolia Traders Need to Know

EasyEquities is a legitimate South African brokerage, but it is primarily a stock and ETF platform rather than a dedicated retail forex broker. Mongolia traders looking for tight forex spreads and MT4/MT5 will be disappointed, while those interested in global shares and fractional investing may find it useful. However, the lack of local regulation and limited forex offering make it a weak choice for serious Mongolian forex traders.
Regulated: Yes
Min Deposit: $0
Score: 4.5/5
Islamic: Check
4.5/5
★★★★★
Overall Score
Regulation
4.5
Spreads
4.6
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Mongolia Traders

  • No minimum deposit required—you can start with as little as $1, which is ideal for young Mongolia investors with small capital.
  • Fractional share investing allows Mongolia traders to own expensive US stocks like Google or Amazon with tiny amounts of USD.
  • USDT deposit option is efficient and low-cost compared to bank transfers, which is highly relevant for Mongolian users using crypto wallets.
  • Regulated by FSCA in South Africa, offering a baseline level of oversight and segregated client funds.
  • Simple and intuitive mobile app that works well on modest Android devices common in Mongolia.

CONS for Mongolia Traders

  • Not licensed by Mongolia's financial authority, leaving Mongolia traders without local investor protection or dispute resolution.
  • No genuine forex trading—only a handful of currency pairs, and no MT4/MT5 platforms, making it unsuitable for active forex traders in Mongolia.
  • High effective costs for cross-border bank transfers from Mongolia due to SWIFT intermediary fees and currency conversion.
  • No Islamic account or swap-free option for Muslim traders in Mongolia.
  • Customer support hours mismatch with Ulaanbaatar timezone for the US trading session, and no Mongolian language support.
📅
Founded
📍
HQ
💵
$0
Min Deposit
📊
4.5/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Mongolia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Easyequities Overview for Mongolia

EasyEquities is a South African online investment platform launched in 2015 and headquartered in Johannesburg. It has grown to become one of the largest retail investing platforms in Africa, with over 1.5 million registered users. The platform is best known for its fractional share investing, zero-commission model on certain ETFs, and a strong focus on democratizing stock market access. For Mongolia traders, EasyEquities represents an offshore option to buy international stocks and ETFs, but it is not a dedicated retail forex broker. In the Mongolian context, where internet penetration is high and mobile trading is increasingly popular, EasyEquities could appeal to investors looking for a simple way to own shares in global companies like Apple or Tesla. However, its core offering is not forex trading—the platform has only a small number of currency pairs and lacks professional tools like MT5, advanced charting, or tight forex spreads. This review will help Mongolia traders understand what EasyEquities really offers, how to deposit in USD via Bank Transfer, Skrill, or USDT, and why it might not be the best fit for serious forex traders.

DetailInformation
Founded
Headquarters
Regulated by
Min Deposit$0
Max Leverage
Platforms
Islamic AccountNot available
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Easyequities Safe for Mongolia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
~
Live Chat Support
Yes
Safety verdict for Mongolia traders
Always verify Easyequities's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Mongolia Traders

Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)No
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Not available
📈
MetaTrader 5
MT5
Not available
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Mongolia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Mongolia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Mongolia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Mongolia Muslim Traders

EasyEquities does not offer a dedicated Islamic (swap-free) account. Since it is a stockbroker rather than a forex broker, it does not charge swap or overnight interest on share trades, but its forex offerings are so limited that swap-free conditions are essentially irrelevant. For Mongolian Muslim traders who want to trade forex in compliance with Sharia law, this is a major drawback. A proper forex broker with an Islamic account removes all swap fees on overnight positions. EasyEquities, by contrast, has no such facility. If you are a Muslim trader in Mongolia, you should look for a broker like Islamic-compliant Forex brokers that explicitly state their swap-free policy and allow forex, gold, and indices trading without interest. There is no way to apply for a swap-free condition on EasyEquities because the product itself is not structured for leveraged forex trading.

FeatureDetails
Islamic Account AvailableNo
Swap FeesMay apply
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
📊

Instruments & Markets in Mongolia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Mongolia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Mongolia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Mongolia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Mongolia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Mongolia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Mongolia Traders Make with Easyequities

  • Mistake: Assuming EasyEquities offers forex trading—it does not have a proper forex platform or tight spreads, so Mongolian traders looking for EUR/USD spreads will be shocked.
  • Depositing from a Mongolian bank without checking SWIFT intermediary fees—these fees can swallow 10-15% of a $100 deposit, making the trade uneconomical.
  • Expecting Mongolian local regulation or consumer protection—EasyEquities is offshore for Mongolia, and you have no local ombudsman to complain to if issues arise.
  • Ignoring the timezone difference when contacting support—Mongolia traders in the US session may find no live chat available at critical moments.
🔍

Easyequities vs Competitors in Mongolia

BrokerMin DepositEUR/USDIslamicTradingViewScore
Easyequities (current)$0Check brokerNoNo4.5
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Easyequities

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
~

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Mongolia traders
Easyequities segregates all client funds and holds regulatory licenses.

Easyequities User Reviews & Ratings

Trustpilot Rating

4.5
★★★★★
Based on verified reviews

CompareBroker Expert Rating

4.5
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Easyequities Latest News & Updates 2026

Platform
July 2026
Easyequities expands TradingView integration
Easyequities has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Easyequities maintains top-tier regulatory status
Easyequities continues to hold its regulatory licenses, ensuring client fund protection for Mongolia traders.
Product
May 2026
New instruments added for Mongolia traders
Easyequities has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Easyequities Worth It for Mongolia Traders?

4.5/5
★★★★★

EasyEquities is a legitimate and innovative stock investing platform, but it is not a suitable broker for Mongolia traders who want to engage in retail forex trading. The platform lacks forex pairs, leverage, MT4/MT5, and the tight spreads that Mongolian forex traders typically need. The only scenario where EasyEquities makes sense for a Mongolian user is if they are looking to build a long-term portfolio of US stocks or ETFs and want to start with tiny amounts of money. The USDT deposit feature is also a plus, as it bypasses expensive bank wires. However, for 90% of Mongolia traders researching 'forex broker reviews', EasyEquities will be a disappointment. If you are serious about trading currencies, gold, or indices with leverage, you should choose a broker regulated in a major jurisdiction that explicitly serves Mongolian clients with local payment methods, MT5, and 24/7 support. In summary: EasyEquities is not recommended for Mongolian forex traders—look elsewhere.

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FAQ — Easyequities for Mongolia Traders

Is EasyEquities safe for Mongolia traders?+
How can I deposit money in EasyEquities from Mongolia?+
Does EasyEquities have Islamic account?+
What is the minimum deposit for EasyEquities in Mongolia?+
What trading platforms does EasyEquities offer?+
Is EasyEquities regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Mongolia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.5/5
Regulation
Min Deposit$0
Max Leverage
Founded
IslamicNo
TradingViewNo
MT4/MT5
Copy TradingNo
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