HomeBroker ReviewsEasyMarkets ReviewCape Verde
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Cape Verde
Live account tested
Broker Review · Cape Verde 2026

EasyMarkets Review 2026 – Is It the Right Broker for Cape Verde Traders?

EasyMarkets offers a solid, beginner-friendly platform for Cape Verde traders with a low $25 minimum deposit and support for local payment methods like Bank Transfer, Skrill, and USDT. However, its lack of popular platforms like MT4/MT5 and limited regulatory oversight from offshore bodies may concern experienced traders. Overall, it's a decent choice for retail traders seeking simplicity and Islamic account options.
Regulated: CySEC
Min Deposit: $25
Score: 3.4/5
Islamic: Yes
3.4/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.5
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Cape Verde Traders

  • Low minimum deposit of $25, perfect for Cape Verde retail traders starting small.
  • Accepts local payment methods including Bank Transfer, Skrill, and USDT.
  • Islamic account available for Cape Verde Muslim traders with genuine swap-free conditions.
  • Unique risk management tools like 'dealCancellation' and 'freeze rate' on the proprietary platform.
  • Regulated by multiple tier-1 authorities (CySEC, ASIC) for added security.

CONS for Cape Verde Traders

  • No MetaTrader 4 or 5 platforms, limiting advanced trading strategies for Cape Verde traders.
  • No local Cape Verdean regulatory oversight; traders rely on offshore regulators.
  • Limited educational resources compared to competitors like eToro or XM.
  • Withdrawal times for bank transfers can take up to 3 business days.
📅
2001
Founded
📍
Cyprus
HQ
💵
$25
Min Deposit
📊
3.4/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Cape Verde
  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
📋

EasyMarkets Overview for Cape Verde

EasyMarkets, founded in 2001 and headquartered in Cyprus, is a well-established forex and CFD broker with a global presence. For Cape Verde traders, it offers a low-entry barrier with a minimum deposit of $25 and supports local payment methods such as Bank Transfer, Skrill, and USDT (Tether). The broker is regulated by CySEC, ASIC, FSA, and BVI FSC, providing a layer of security. While it does not offer popular platforms like MT4/MT5, its proprietary platform is designed for simplicity, featuring unique tools like 'dealCancellation' and 'freeze rate' that appeal to retail traders. With an overall score of 3.4, EasyMarkets is a decent choice for Cape Verde beginners, though experienced traders may find the lack of advanced platforms limiting. The broker also offers an Islamic account for Muslim traders, making it inclusive for Cape Verde's Muslim community.

DetailInformation
Founded2001
HeadquartersCyprus
Regulated byCySEC,ASIC,FSA,BVI FSC
Min Deposit$25
Max Leverage2000
Platforms
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is EasyMarkets Safe for Cape Verde?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Cape Verde traders
Always verify EasyMarkets'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 Cape Verde Traders

Standard Account
No Commission
Min Deposit$25
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$25
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountNo
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)No
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
Cape Verde 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 — Cape Verde 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
Cape Verde 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 — Cape Verde Muslim Traders

EasyMarkets offers a genuine swap-free Islamic account for Muslim traders in Cape Verde. This account is Sharia-compliant, meaning no interest (swap) is charged or credited on overnight positions. There are no hidden fees, and the account is available for both Standard and VIP accounts. To apply, simply contact customer support or select the Islamic account option during registration. The broker does not impose additional spreads or commissions on this account, making it a fair choice. Cape Verde Muslim traders should note that the swap-free feature applies to all forex pairs, metals, and indices, but some cryptocurrencies may have a small fee. Overall, it is a transparent and reputable offering.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Cape Verde

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 Cape Verde traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Cape Verde 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 Cape Verde traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Cape Verde Review

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

Common Mistakes Cape Verde Traders Make with EasyMarkets

  • Mistake: Not verifying the broker's license on the regulator's website before depositing. Cape Verde traders should always check CySEC or ASIC databases to ensure the broker is legitimate.
  • Mistake: Using a bank transfer for small deposits, which may incur high fees. Instead, use Skrill or USDT for faster and cheaper transactions.
  • Mistake: Ignoring the 'dealCancellation' fee. While useful, this tool costs a small fee (usually 1 pip), so use it sparingly to avoid eroding profits.
🔍

EasyMarkets vs Competitors in Cape Verde

BrokerMin DepositEUR/USDIslamicTradingViewScore
EasyMarkets (current)$25Check brokerYesNo3.4
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — EasyMarkets

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Cape Verde traders
EasyMarkets segregates all client funds and is regulated by top-tier authorities.

EasyMarkets User Reviews & Ratings

Trustpilot Rating

3.4
★★★★★
Based on 1,830 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.4
★★★★★
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
📰

EasyMarkets Latest News & Updates 2026

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

Final Verdict — Is EasyMarkets Worth It for Cape Verde Traders?

3.4/5
★★★★★

EasyMarkets is a suitable broker for Cape Verde retail traders, especially beginners and those seeking an Islamic account. Its low $25 minimum deposit, support for local payment methods (Bank Transfer, Skrill, USDT), and proprietary platform with innovative risk tools make it accessible and user-friendly. However, the lack of MT4/MT5 and limited educational content may deter experienced traders. The broker's regulation by CySEC and ASIC provides a reasonable safety net, but the absence of local Cape Verdean oversight is a consideration. Overall, EasyMarkets is recommended for Cape Verde traders who value simplicity, low costs, and Sharia-compliant trading, but advanced users should look elsewhere for more sophisticated platforms.

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FAQ — EasyMarkets for Cape Verde Traders

Is EasyMarkets safe for Cape Verde traders?+
How can I deposit money in EasyMarkets from Cape Verde?+
Does EasyMarkets have Islamic account?+
What is the minimum deposit for EasyMarkets in Cape Verde?+
What trading platforms does EasyMarkets offer?+
Is EasyMarkets 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 · Cape Verde
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.4/5
RegulationCySEC · ASIC
Min Deposit$25
Max Leverage2000
Founded2001
IslamicYes
TradingViewNo
MT4/MT5
Copy TradingNo
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