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

EasyMarkets Review for Ethiopia Traders 2026

EasyMarkets is a well-established broker with a 3.4 overall score, offering a straightforward trading experience for Ethiopia traders. While its regulation by CySEC and ASIC provides some safety, the lack of MT4/MT5 and no local regulation may be drawbacks. It's suitable for beginners and those seeking a simple platform, but experienced traders might find the offering limited.
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 Ethiopia Traders

  • Low minimum deposit of $25, accessible for Ethiopia traders
  • Accepts USDT deposits, a fast and low-cost option for Ethiopia
  • Genuine Islamic account available for Muslim traders in Ethiopia
  • Regulated by multiple top-tier authorities (CySEC, ASIC)
  • User-friendly proprietary platform with dealCancellation feature

CONS for Ethiopia Traders

  • No local regulation in Ethiopia, no local dispute resolution
  • Does not support MT4/MT5 or popular third-party platforms
  • Limited account types (no ECN or pro accounts)
  • No copy trading or social trading features
  • Customer support not available 24/7 and no local language support
📅
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 — Ethiopia
  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 Ethiopia

EasyMarkets, founded in 2001 and headquartered in Cyprus, is a well-established forex and CFD broker with a global presence. For Ethiopia traders, EasyMarkets offers a straightforward entry point into retail forex trading with a low minimum deposit of $25. The broker is known for its proprietary trading platform, which is designed to be simple and accessible, especially for beginners. While it does not offer the popular MT4/MT5 platforms, its own platform includes features like dealCancellation and guaranteed stop loss, which can be attractive for risk-averse traders in Ethiopia. The broker accepts clients from Ethiopia and supports USD accounts, which is convenient given the local currency context. With a history spanning over two decades, EasyMarkets has built a reputation for reliability, though its overall score of 3.4 suggests some areas for improvement, such as the lack of copy trading and limited platform choices. For Ethiopia traders looking for a no-frills, regulated broker with multiple deposit options including USDT, EasyMarkets is a viable option.

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 Ethiopia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Ethiopia 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 Ethiopia 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
Ethiopia 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 — Ethiopia 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
Ethiopia 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 — Ethiopia Muslim Traders

EasyMarkets offers a genuine Islamic (swap-free) account for Muslim traders in Ethiopia who wish to trade in accordance with Sharia law. This account type has no overnight swap or interest charges on positions held for more than one day. There are no hidden fees, and the account is available upon request during registration. To apply, simply contact EasyMarkets customer support or select the Islamic account option when opening a live account. The swap-free status applies to all forex pairs and instruments, making it suitable for long-term trading strategies. Ethiopia traders should note that the Islamic account may have restrictions on certain instruments or trading styles, but overall, it is a fair and transparent offering. This is a strong advantage for Muslim traders in Ethiopia who want to trade without violating their religious beliefs.

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 Ethiopia

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

Customer Support — Ethiopia Review

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

Common Mistakes Ethiopia Traders Make with EasyMarkets

  • Mistake: Not verifying EasyMarkets' regulation on official regulator websites before depositing. Always check CySEC or ASIC databases.
  • Mistake: Using Bank Transfer for deposits without considering the fees and processing time. For faster deposits, use Skrill or USDT.
  • Mistake: Assuming the Islamic account is automatically applied. You must request it during account opening or contact support.
🔍

EasyMarkets vs Competitors in Ethiopia

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 Ethiopia 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 Ethiopia traders.
Product
May 2026
New instruments added for Ethiopia traders
EasyMarkets has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is EasyMarkets Worth It for Ethiopia Traders?

3.4/5
★★★★★

EasyMarkets is a decent choice for Ethiopia traders who are new to forex trading and prefer a simple, regulated broker with a low minimum deposit. The availability of USDT deposits and an Islamic account are strong positives. However, the lack of MT4/MT5, limited account types, and no local regulation are significant drawbacks for more experienced traders. The overall score of 3.4 reflects these trade-offs. If you are a beginner or a Muslim trader looking for a swap-free account, EasyMarkets could be a good fit. But if you need advanced trading tools, copy trading, or local oversight, you may want to consider other brokers like Exness or XM, which offer more features. Ultimately, EasyMarkets is recommended for Ethiopia traders who value simplicity and safety over advanced functionality.

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FAQ — EasyMarkets for Ethiopia Traders

Is EasyMarkets safe for Ethiopia traders?+
How can I deposit money in EasyMarkets from Ethiopia?+
Does EasyMarkets have Islamic account?+
What is the minimum deposit for EasyMarkets in Ethiopia?+
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 · Ethiopia
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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