Which broker is better for Israel traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Israel, choosing the right forex broker is critical for performance. BlackBull Markets (rated 3.9/5) and EasyMarkets (rated 3.4/5) both accept Israeli clients and offer services tailored to local requirements, including ILS bank transfers and credit card deposits. However, their trading models differ significantly. BlackBull Markets is an ECN/STP broker known for deep liquidity, institutional-grade execution, and low spreads on raw accounts. EasyMarkets is a market maker offering fixed spreads, guaranteed stop-loss, and a simplified trading experience. Israeli traders often face unique challenges: time zone differences (Israel is UTC+2/3), volatility in the USD/ILS pair, and the need for reliable execution during overlapping sessions. This comparison evaluates each broker based on spreads, regulation (or lack of ISA oversight), platform suitability, deposit/withdrawal methods, and Islamic account availability. Whether you scalp major pairs or trade indices, understanding these differences will help you select the broker that aligns with your strategy and local trading conditions.
| Instrument | BlackBull Markets | 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 | $0 | $25 | BlackBull Markets |
Spreads and commissions directly impact profitability, especially for high-volume Israeli traders. BlackBull Markets offers a Raw account with spreads from 0.0 pips and a $6 round-turn commission per standard lot, while its Standard account has spreads from 1.0 pips with no commission. EasyMarkets uses fixed spreads with no commissions: EUR/USD around 1.2 pips, USD/ILS about 3.0 pips. For a trader executing 50 lots per month, BlackBull’s Raw account costs approximately $300 in commissions versus EasyMarkets’ $600 in spread cost on EUR/USD (assuming 1.2 pip spread). BlackBull is significantly cheaper for active traders. However, EasyMarkets’ fixed spreads provide certainty, which can be valuable when trading news events typical in the Israeli session.
| Account Type | BlackBull Markets | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $25 |
| Entity / Asset | BlackBull Markets | EasyMarkets |
|---|---|---|
| Israel (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 | BlackBull Markets | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | BlackBull Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | BlackBull Markets |
| Crypto CFDs | 30+ | 20+ | BlackBull Markets |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | BlackBull Markets | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer industry-standard platforms. BlackBull Markets provides MetaTrader 4 and 5, compatible with EAs and custom indicators, plus TradingView integration and WebTrader. EasyMarkets offers its own web-based platform, MetaTrader 4, and mobile apps. For Israeli traders who rely on algorithmic trading or complex charting, BlackBull’s MT4/5 with VPS options is superior. EasyMarkets’ platform features deal cancellation (allowing traders to cancel losing trades within a set period) and guaranteed stop-loss, which can appeal to less experienced traders. However, for experienced Israeli retail traders who demand full control and automation, BlackBull is the stronger choice.
| Factor | BlackBull Markets | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | BlackBull Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
BlackBull Markets uses Equinix NY4 data centers with low-latency routing, offering average execution speeds of 20-40ms. No requotes on ECN accounts. EasyMarkets operates as a market maker, executing trades against its own liquidity, which can cause occasional slippage in fast markets. However, EasyMarkets offers guaranteed stop-loss orders with no slippage. For Israeli traders scalping or trading during volatile ILS sessions, BlackBull’s straight-through processing is preferable for speed, while EasyMarkets’ guaranteed execution may appeal to those prioritizing risk control.
| Safety Factor | BlackBull Markets | EasyMarkets |
|---|---|---|
| Primary regulator | FMA | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Israeli traders, as the Israel Securities Authority (ISA) does not license forex brokers. Both BlackBull Markets and EasyMarkets operate under offshore regulators. BlackBull Markets is regulated by the Financial Services Authority (FSA) of Seychelles and the Financial Markets Authority (FMA) of New Zealand. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia). Neither broker offers negative balance protection or compensation schemes under ISA rules. Israeli traders must accept that client funds are not covered by local protection. However, both brokers segregate client funds in top-tier banks. For experienced traders who prioritize execution over regulatory safety nets, this is often acceptable. Always verify the latest licensing status before depositing.
| Payment Method | BlackBull Markets | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (usually on the same business day) | 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) |
Israeli traders can fund accounts using Bank Transfer (including local ILS transfers) and Credit Cards (Visa, Mastercard) at both brokers. BlackBull Markets accepts bank wires with no deposit fee and a minimum of $100 (approx. 370 ILS); withdrawal fees may apply ($25 for bank wire). EasyMarkets also supports bank wires and credit cards, with no deposit fees and a $100 minimum. EasyMarkets offers free withdrawal via bank wire for amounts over $100, while BlackBull charges a fee. For ILS transfers, both brokers convert to USD at their internal rates, which may include a small spread. Processing times: Bank transfers typically take 1-3 business days for deposits and 2-5 days for withdrawals. Credit card deposits are instant but withdrawals go back to the card if possible. Neither broker accepts local e-wallets popular in Israel (e.g., Bit or PayBox).
| Islamic Account Feature | BlackBull Markets | 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 |
Israeli Muslim traders who require swap-free accounts can obtain them from both brokers. BlackBull Markets offers Islamic accounts on request for all account types, with no interest on overnight positions but an administrative fee may apply after a certain number of days. EasyMarkets provides Islamic accounts automatically for clients in Muslim-majority countries, including Israel; they also eliminate swap charges but apply a small flat fee for positions held longer than 3 days. Traders should compare the fee structures: BlackBull’s fee is typically lower for short-term holds. Both brokers require proof of religion or declaration for Islamic account eligibility.
| Support Feature | BlackBull Markets | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | BlackBull Markets |
Customer support is available 24/5 via live chat, email, and phone for both brokers. BlackBull Markets offers multilingual support (English, Arabic, and others – Hebrew is not explicitly listed). EasyMarkets supports English, Arabic, and a few other languages. For Israeli traders, Hebrew support is not guaranteed by either broker; English support is the primary option. Response times are generally under 1 minute for live chat. Both brokers also provide extensive FAQ sections and educational resources. EasyMarkets has a slight edge with 24/7 chatbot support.
| Mobile Feature | BlackBull Markets | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | BlackBull Markets |
| Google Play rating | 4.3 stars | 4.2 stars | BlackBull Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | BlackBull Markets |
| Resource | BlackBull Markets | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | BlackBull Markets |
Choose BlackBull Markets if you...
Choose EasyMarkets if you...
For experienced Israeli retail traders, BlackBull Markets is the superior choice due to its lower trading costs, advanced platforms, and faster execution. The ability to deposit via Bank Transfer or Credit Card in ILS is convenient, and BlackBull’s ECN model aligns well with high-volume strategies. However, the lack of ISA regulation means traders must accept higher counterparty risk. EasyMarkets offers a safer experience with guaranteed stops and fixed spreads, but its costs are higher for active traders. If you prioritize cost efficiency and platform control, BlackBull Markets stands out. If you value certainty and simple risk management, EasyMarkets is a valid alternative. Always test with a demo account first.