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EasyMarkets Overview for Mongolia
EasyMarkets was founded in 2001 and is headquartered in Cyprus, making it one of the more established forex brokers in the industry. For Mongolia traders, EasyMarkets offers a straightforward trading experience with a low minimum deposit of $25 and support for local payment methods like Bank Transfer, Skrill, and USDT. The broker is particularly relevant for retail forex traders in Mongolia who are new to trading or prefer a simplified platform. With a history spanning over two decades, EasyMarkets has built a reputation for transparency and innovative features such as 'Deal Cancellation' and guaranteed stop losses. However, its overall score of 3.4/5 reflects some limitations, including the absence of popular trading platforms like MT4/MT5 and copy trading. Despite these drawbacks, EasyMarkets remains a viable option for Mongolia traders seeking a regulated broker with Islamic account options and a low barrier to entry.
| Detail | Information |
|---|
| Founded | 2001 |
| Headquarters | Cyprus |
| Regulated by | CySEC,ASIC,FSA,BVI FSC |
| Min Deposit | $25 |
| Max Leverage | 2000 |
| Platforms | — |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is EasyMarkets Safe for Mongolia?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Mongolia traders
Always verify EasyMarkets's regulation at the official regulator website before depositing.
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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.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
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Account Types for Mongolia 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
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | No |
| Copy Trading | No |
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Deposits & Withdrawals — Mongolia Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
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.
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Islamic Account — Mongolia Muslim Traders
EasyMarkets offers a genuine swap-free Islamic account for Muslim traders in Mongolia. This account does not charge or pay overnight interest (swap) on positions held overnight, complying with Sharia law. There are no hidden fees for holding positions longer than a certain period, which is a common concern with some brokers. To apply, Mongolia traders simply need to request the Islamic account during registration or by contacting customer support. The account functions identically to the standard account in terms of spreads, leverage, and instruments. This makes EasyMarkets a good choice for Muslim traders in Mongolia who want to trade forex without violating their religious principles.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually 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.
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Instruments & Markets in Mongolia
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Mongolia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Mongolia traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Mongolia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Mongolia Review
Support verdict for Mongolia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Mongolia Traders Make with EasyMarkets
- Mistake: Not verifying the broker's regulation details before depositing large sums. Always check license numbers on regulator websites.
- Mistake: Ignoring the lack of MT4/MT5 support. If you rely on automated trading or custom indicators, EasyMarkets' proprietary platform may not meet your needs.
- Mistake: Assuming the Islamic account is automatically applied. You must request it during registration or contact support to avoid swap charges.
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EasyMarkets vs Competitors in Mongolia
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| EasyMarkets (current) | $25 | Check broker | Yes | No | 3.4 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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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 Mongolia traders
EasyMarkets segregates all client funds and is regulated by top-tier authorities.
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EasyMarkets User Reviews & Ratings
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
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EasyMarkets Latest News & Updates 2026
EasyMarkets expands TradingView integration
EasyMarkets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
EasyMarkets maintains top-tier regulatory status
EasyMarkets continues to hold its regulatory licenses, ensuring client fund protection for Mongolia traders.
New instruments added for Mongolia traders
EasyMarkets has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is EasyMarkets Worth It for Mongolia Traders?
3.4/5
★★★★★
EasyMarkets is a solid broker for Mongolia traders who are just starting out or who require an Islamic account. The low minimum deposit of $25 and support for local payment methods like Skrill and USDT make it easy to fund an account. The broker's multi-regulatory status (CySEC, ASIC, FSA) provides a reasonable level of security, though the absence of local regulation is a concern. However, the lack of popular platforms like MT4/MT5 and limited educational resources may deter more experienced traders. If you value simplicity, risk management features, and a swap-free account, EasyMarkets is a good fit. But if you need advanced tools, tighter spreads, or local regulatory protection, you may want to consider other brokers. Overall, EasyMarkets is recommended for beginners and Muslim traders in Mongolia, but not for seasoned professionals.
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FAQ — EasyMarkets for Mongolia Traders
Is EasyMarkets safe for Mongolia traders?+
How can I deposit money in EasyMarkets from Mongolia?+
Does EasyMarkets have Islamic account?+
What is the minimum deposit for EasyMarkets in Mongolia?+
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.
