Which broker is better for Papua New Guinea traders in 2026? Expert analysis across 12 categories.
Papua New Guinea traders seeking a reliable forex broker face a choice between Admirals (rated 4.1/5) and EasyMarkets (rated 3.4/5). Both brokers cater to retail traders using USD and accept local deposit methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. Admirals is known for low spreads and advanced platforms like MetaTrader 4 and 5, while EasyMarkets offers fixed spreads and a simple web-based platform with guaranteed stop-loss. Given PNG’s growing interest in forex trading and its reliance on mobile connectivity, the decision between these brokers hinges on trading style, cost sensitivity, and ease of use. Admirals provides more analytical tools, beneficial for traders watching commodity prices (gold, oil) that affect PNG’s economy. EasyMarkets’ fixed spreads offer budget predictability, useful for traders with limited internet stability. Below we compare key aspects to help PNG traders make an informed choice in 2025.
| Instrument | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $25 | Admirals |
For Papua New Guinea traders, trading costs are a significant factor. Admirals offers variable spreads from 0.0 pips on its Zero account for EUR/USD, with a commission of $2 per lot. Its Trade.MT4 account has spreads from 0.5 pips with no commission. EasyMarkets uses fixed spreads of about 1.2 pips on EUR/USD and 1.5 pips on GBP/USD, with no commission. For a PNG trader trading 5 lots per month, Admirals’ Zero account can save $50-100 in spread costs compared to EasyMarkets. However, EasyMarkets’ fixed spreads protect against widening during news events, which is valuable given PNG’s time zone (UTC+10) overlapping with Asian session volatility. Withdrawals and deposit fees are minimal for both when using e-wallets or USDT TRC20, but Admirals may charge a small fee for Bank Transfer withdrawals.
| Account Type | Admirals | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $25 |
| Entity / Asset | Admirals | EasyMarkets |
|---|---|---|
| Papua New Guinea (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | 20+ | Admirals |
| Stocks / Share CFDs | 1,000+ | ✗ | EasyMarkets |
| ETFs | ✓ | ✗ | Tie |
| Platform | Admirals | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Admirals provides MetaTrader 4 and 5 (desktop, web, mobile) plus its proprietary WebTrader. These platforms offer advanced charting, automated trading via Expert Advisors, and multiple timeframes—ideal for PNG traders analyzing commodity pairs. EasyMarkets offers a proprietary web-based platform with a clean interface, one-click trading, and guaranteed stop-loss, plus MT4 for those who prefer it. For PNG traders with slower internet, EasyMarkets’ web platform loads faster and uses less data. Mobile apps for both are available, but Admirals’ iOS and Android apps are more feature-rich. Beginners in Papua New Guinea may find EasyMarkets easier to navigate immediately, while experienced traders will appreciate Admirals’ depth.
| Factor | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Admirals uses ECN/STP execution with no dealing desk intervention, offering fast order execution and minimal requotes. Average execution speed is below 30ms. EasyMarkets operates as a market maker with dealing desk, providing fixed spreads and guaranteed execution, including no slippage on stops. For PNG traders, Admirals’ execution is better for scalping and high-frequency strategies, while EasyMarkets’ guaranteed stops protect against slippage during volatile commodity announcements. Both accept Expert Advisors, but EasyMarkets restricts certain trading strategies.
| Safety Factor | Admirals | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Admirals is regulated by the FCA (UK), CySEC (Cyprus), and other Tier-1 bodies, offering strong investor protection including negative balance protection. EasyMarkets is regulated by CySEC and ASIC (Australia), also providing negative balance protection. Neither broker is directly overseen by the Bank of Papua New Guinea, so PNG traders must rely on offshore regulation. Admirals’ FCA regulation provides additional trust, but traders should be aware that no local deposit insurance exists. Both brokers segregate client funds and adhere to strict capital requirements. For PNG traders, the main takeaway is that trading with either broker involves accepting offshore jurisdiction, but the regulatory track records of both are excellent.
| Payment Method | Admirals | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
Both Admirals and EasyMarkets support the four key payment methods for Papua New Guinea: Bank Transfer, Skrill, Neteller, and USDT TRC20. Admirals also accepts Visa, Mastercard, and other e-wallets like PayPal. Deposits via Skrill, Neteller, and USDT TRC20 are instant, while Bank Transfer takes 1-3 business days. Minimum deposit is $100 for both brokers on standard accounts. Withdrawals are processed within 1-2 business days for e-wallets and USDT TRC20, and 3-5 days for bank transfers. Admirals does not charge deposit fees but may levy a small withdrawal fee on bank transfers ($5-10). EasyMarkets offers free deposits and one free withdrawal per month via bank transfer. USDT TRC20 is highly recommended for PNG traders to avoid banking delays and currency conversion issues, as both brokers accept it with no extra fees.
| Islamic Account Feature | Admirals | EasyMarkets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Admirals offers Islamic (swap-free) accounts upon request, applicable to all account types. Traders must not hold positions for extended periods in a swap-free manner; after a certain number of days, swap may be charged or limited. EasyMarkets automatically provides Islamic accounts for clients who identify as Muslim, with no swap on all instruments. These accounts are available for PNG Muslim traders, who make up a small minority. Admirals’ condition of requesting via support may be a minor hurdle, while EasyMarkets makes it seamless. Both brokers require that Islamic account holders do not comprise a significant portion of their client base, so availability is generally guaranteed.
| Support Feature | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 multilingual support via live chat, email, and phone. Their support team is responsive and knowledgeable, but may not have dedicated PNG-specific information. EasyMarkets provides 24/5 support via live chat, email, and a callback service. They are known for quick response times and a friendly tone. For PNG traders, email or live chat is most convenient due to time zone differences. Both brokers have extensive FAQs and educational resources that cover deposit methods relevant to PNG.
| Mobile Feature | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose EasyMarkets if you...
For Papua New Guinea traders in 2025, Admirals stands out as the better overall broker due to its lower spreads, wider platform choice, and robust deposit options including USDT TRC20. It suits traders who monitor commodity prices (gold, oil) that influence PNG’s economy and want advanced tools. EasyMarkets is a solid alternative for beginners or those who prefer fixed costs and a hassle-free platform. Both accept Bank Transfer, Skrill, Neteller, and USDT TRC20, ensuring convenient funding. While neither is locally regulated by PNG authorities, Admirals’ FCA regulation offers extra confidence. Ultimately, if you plan to trade actively and minimize costs, go with Admirals; if you want simplicity and guaranteed execution, choose EasyMarkets.