AvaTrade vs EasyMarkets: Which Broker Wins for Singapore Traders? (2026)

For Singapore traders, spreads are a key ongoing cost. AvaTrade’s standard variable spread on EUR/USD starts from 0.9 pips, dropping to 0.1 pips on its Razor account (with commission). EasyMarkets offers fixed spreads of around 1.5 pips on the same pair. While fixed spreads offer predictability, they are generally wider. High-volume Singapore traders will benefit more from AvaTrade’s raw spreads, especially when trading in size. On a typical monthly volume of 100 lots, AvaTrade can save you hundreds of SGD in costs compared to EasyMarkets.

Singapore traders expect robust platforms, and AvaTrade delivers with MT4, MT5, AvaTradeGO, and WebTrader. These platforms offer advanced charting, automated trading via Expert Advisors, and mobile access. EasyMarkets provides its own web-based platform and a mobile app, which are user-friendly but lack the depth of MT4/5. For sophisticated investors who need algorithmic trading or multi-asset analysis, AvaTrade’s platform ecosystem is superior. EasyMarkets’ platform is fine for casual or new traders but not for the financial hub professional.

AvaTrade uses STP execution with no dealing desk intervention, ensuring fast order fills and minimal slippage. EasyMarkets uses a market maker model with fixed spreads but may requote during volatile periods. For Singapore traders trading news events or high-frequency strategies, AvaTrade’s straight-through processing is more reliable. EasyMarkets’ execution is adequate for slower, position-based trading.

Both brokers are regulated by the Monetary Authority of Singapore (MAS), ensuring compliance with local standards. AvaTrade is directly licensed by MAS (CMS100647-1) and also holds licenses from other top-tier regulators. EasyMarkets is regulated by CySEC but operates under MAS’s overseas broker framework. For Singapore traders, AvaTrade’s direct MAS license offers stronger investor protection, including access to the Financial Industry Disputes Resolution Centre (FIDReC). EasyMarkets offers SGX-listed client funds segregation but without the same level of local oversight.

Depositing funds as a Singapore trader is straightforward with both brokers. AvaTrade supports instant deposits via PayNow (SGD), Bank Transfer, and Credit Card. Bank transfers are processed within 1 business day, and PayNow transactions are typically credited in minutes. Withdrawals are free and processed within 24 hours. EasyMarkets also accepts PayNow, Bank Transfer, and Credit Card, but withdrawals may take 2–3 business days. AvaTrade edges ahead with faster processing and no fees. For credit card users, both brokers accept Visa and Mastercard with instant deposits.

Both AvaTrade and EasyMarkets offer Islamic (swap-free) accounts for Singapore’s Muslim traders. AvaTrade provides Islamic accounts on all platforms, including MT4/MT5, with no swap charges on overnight positions. EasyMarkets also offers Islamic accounts with the same conditions. However, AvaTrade allows Islamic account holders to trade a broader range of instruments, including forex, indices, and commodities. Both brokers require a declaration of faith during account opening, and no additional fees are charged. For Malay traders in Singapore, both are compliant options.

Customer support is available in English and Mandarin for both brokers. AvaTrade offers 24/5 live chat, phone, and email, with a dedicated Singapore support team. EasyMarkets provides 24/5 support via chat and email. AvaTrade’s local presence means faster responses during Asian trading hours, which is crucial for Singapore traders.