Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Chile, choosing between AvaTrade and EasyMarkets involves evaluating trading costs, platform features, and local deposit methods. Both brokers accept clients from Chile and support CLP deposits via Bank Transfer and Credit Card. AvaTrade, with a score of 4.6/5, is widely recognized for its extensive range of CFDs on forex, indices, commodities, and cryptocurrencies, alongside advanced platforms like MetaTrader 4/5 and AvaTradeGO. EasyMarkets (3.4/5) appeals to traders who prefer fixed spreads and guaranteed stop-loss orders, which can simplify risk management. While neither broker is directly regulated by the CMF Chile, they operate under reputable international licenses. This comparison focuses on what matters most to Chile traders: cost efficiency, platform usability, and seamless local payment processing.
| Instrument | AvaTrade | 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 | $100 | $25 | AvaTrade |
For Chile traders, trading costs vary significantly between AvaTrade and EasyMarkets. AvaTrade offers variable spreads starting from 0.9 pips on EUR/USD with no commission on standard accounts, making it cost-effective for high-volume trading in CLP-denominated accounts. In contrast, EasyMarkets maintains fixed spreads around 1-2 pips for major pairs, which eliminates uncertainty but can be slightly higher for frequent traders. The impact of spreads is amplified for larger lot sizes, so Chile scalpers and day traders will likely benefit from AvaTrade’s tighter variable spreads. However, if you prefer predictable costs without the risk of spread widening during news events, EasyMarkets’ fixed model may suit you better.
| Account Type | AvaTrade | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $100 | $25 |
| Entity / Asset | AvaTrade | EasyMarkets |
|---|---|---|
| Chile (offshore) | Up to 1:400 | Up to 1:2000 |
| Forex major pairs | 1:400 | 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 | AvaTrade | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | AvaTrade |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | AvaTrade |
| Crypto CFDs | 30+ | 20+ | AvaTrade |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✓ | ✗ | Tie |
| Platform | AvaTrade | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer robust platforms tailored to different trading styles. AvaTrade provides MetaTrader 4 and MetaTrader 5, which are popular among experienced Chile traders for their advanced charting tools, automated trading via Expert Advisors, and algorithmic capabilities. Additionally, AvaTrade’s proprietary AvaTradeGO app is optimized for mobile trading on iOS and Android. EasyMarkets delivers a user-friendly web platform and mobile app, but lacks the depth of MT4/MT5. For Chile traders who rely on third-party indicators and custom scripts, AvaTrade is the clear winner. If simplicity and ease of use are priorities, EasyMarkets’ platform is intuitive but may frustrate advanced users.
| Factor | AvaTrade | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | AvaTrade |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
AvaTrade uses a hybrid ECN/STP execution model that aggregates liquidity from multiple providers, resulting in fast, low-slippage order fills. EasyMarkets operates as a market maker, meaning it takes the opposite side of your trade, which can lead to requotes during volatile conditions. For Chile traders executing high-frequency or scalping strategies, AvaTrade’s execution quality is superior. EasyMarkets’ fixed spread model and guaranteed stop-loss orders reduce slippage risk but may trade less efficiently for fast-moving markets.
| Safety Factor | AvaTrade | EasyMarkets |
|---|---|---|
| Primary regulator | CBI | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither AvaTrade nor EasyMarkets is directly regulated by the CMF Chile, but both accept Chile clients under reputable international licenses. AvaTrade is regulated by the Central Bank of Ireland, ASIC in Australia, and the FSA in Japan, providing strong client fund segregation and negative balance protection. EasyMarkets is authorized by CySEC (Cyprus) and ASIC, with similar protections. For Chile traders, this means your deposits are safe but without local oversight. While the absence of CMF regulation may concern some, both brokers have a long track record and transparent operations. Always verify the legal entity servicing your account and ensure compliance with Chile’s tax reporting obligations.
| Payment Method | AvaTrade | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 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) |
Chile traders can deposit and withdraw using Bank Transfer and Credit Card at both AvaTrade and EasyMarkets. AvaTrade allows deposits in CLP via local bank transfer with no fees, and minimum deposit is $100 USD equivalent. Credit card transactions are instant and free. Withdrawals are processed within 1-2 business days via bank transfer, with a small fee for international wires. EasyMarkets also supports Visa/Mastercard and bank wire, with the same $100 USD minimum. However, EasyMarkets does not list CLP as a base currency; deposits are converted to USD, which may incur a small forex conversion fee. For Chile traders who want to avoid conversion costs, AvaTrade’s CLP account option is advantageous. Both brokers offer secure, regulated payment processing.
| Islamic Account Feature | AvaTrade | 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 |
For Muslim traders in Chile who wish to trade without earning or paying swap interest, both AvaTrade and EasyMarkets offer Islamic (swap-free) accounts. AvaTrade provides Islamic accounts on all account types except for certain instruments like commodities and indices, with swap charges replaced by an administrative fee after a holding period. EasyMarkets offers a straightforward swap-free account with fixed spreads and no hidden costs, in line with Sharia principles. Chile traders can request an Islamic account during registration; account approval is usually prompt. Both brokers respect religious requirements, but review each broker’s terms for fee structures on long-term positions.
| Support Feature | AvaTrade | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | AvaTrade |
Customer support for Chile traders is available in Spanish via live chat, email, and phone. AvaTrade offers 24/5 support with a dedicated Spanish line, and response times are fast during market hours. EasyMarkets provides 24/5 live chat and email support with Spanish-speaking agents, but phone support is limited to weekday hours. For experienced traders needing quick resolution of platform issues, AvaTrade’s longer availability and more comprehensive help center give it an edge.
| Mobile Feature | AvaTrade | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | AvaTrade |
| Google Play rating | 4.3 stars | 4.2 stars | AvaTrade |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | AvaTrade | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | AvaTrade |
Choose AvaTrade if you...
Choose EasyMarkets if you...
For experienced retail traders in Chile, AvaTrade is the superior choice thanks to its lower spreads, CLP-denominated accounts, advanced platforms, and stronger regulatory oversight. While EasyMarkets offers fixed spreads and guaranteed stops, its market-maker model and limited platform options make it less suited for frequent or high-volume traders. Considering local factors like Bank Transfer and Credit Card deposits, both brokers work well, but AvaTrade’s native CLP support eliminates forex conversion fees. If you prioritize cost efficiency and trading flexibility, go with AvaTrade. If you prefer simplicity and fixed costs, EasyMarkets remains a functional alternative. Always trade responsibly and verify broker compliance with Chile’s tax laws.