Which broker is better for Peru traders in 2026? Expert analysis across 12 categories.
Peru traders looking for a reliable forex broker often compare EasyMarkets and Alpari, two well-known international brokers. EasyMarkets, founded in 2001, is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), while Alpari, established in 1998, is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines and the Financial Conduct Authority (FCA) in the UK. Both brokers accept clients from Peru and offer local deposit methods like Interbank, USDT, and Bank Transfer, making them accessible for traders using Peruvian Soles (PEN). EasyMarkets scores 3.4/5 overall, slightly ahead of Alpari's 3.1/5, due to its stronger regulation and user-friendly platform. However, Alpari appeals to cost-conscious traders with tighter spreads. This comparison will help you decide which broker suits your trading style and local needs in Peru.
| Instrument | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Alpari |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Alpari |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Alpari |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Alpari |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $30 | EasyMarkets |
For Peru traders, trading costs are a key factor. EasyMarkets offers fixed spreads averaging 1.2 pips on EUR/USD with no commission, while Alpari's standard account has spreads from 1.3 pips and ECN accounts from 0.0 pips plus a $3.5 commission per lot. Alpari is cheaper for high-volume traders, but EasyMarkets provides cost certainty. When trading 10 standard lots per month, Alpari's ECN account saves approximately $200 in spread costs compared to EasyMarkets. However, EasyMarkets charges no inactivity fees, while Alpari does after 6 months. Peru traders should consider their trading frequency and volume when choosing.
| Account Type | EasyMarkets | Alpari |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✓ |
| Min deposit | $25 | $30 |
| Entity / Asset | EasyMarkets | Alpari |
|---|---|---|
| Peru (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | ✗ | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Alpari |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Alpari |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets offers its proprietary web-based platform and mobile app, which are intuitive and include risk management tools like dealCancellation and free guaranteed stop-loss. Alpari provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), popular among experienced traders for advanced charting and automated trading. For Peru traders, MT4/MT5 are more versatile, but EasyMarkets' platform is simpler for beginners. Both platforms are available in Spanish, easing the learning curve for local traders.
| Factor | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Alpari |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✗ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
EasyMarkets uses fixed spreads and instant execution, ensuring no slippage during volatile markets. Alpari offers market execution with variable spreads, which can widen during news events. For Peru traders trading local sessions, EasyMarkets provides more predictable execution, while Alpari may offer better fills during low volatility. Both have no requotes on market orders.
| Safety Factor | EasyMarkets | Alpari |
|---|---|---|
| Primary regulator | CySEC | FSC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC and ASIC, offering strong investor protection including negative balance protection and a compensation scheme (up to €20,000 under CySEC). Alpari is regulated by the FSA (offshore) and FCA (UK), with the FCA providing up to £85,000 protection for UK clients, but Peru traders may not be covered. Neither broker is regulated by SMV Peru, so EasyMarkets' tighter oversight is a safer choice for risk-averse traders. Alpari's offshore regulation may appeal to those seeking higher leverage, but carries more risk.
| Payment Method | EasyMarkets | Alpari |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | 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) | Cryptocurrency / E-Wallets: Instant to 2 hours (after internal processing).Credit / Debit Cards: 2 to 10 business days.Bank Wire Transfers: 3 to 5 business days. |
Peru traders can fund their accounts via Interbank, USDT, and Bank Transfer with both brokers. EasyMarkets accepts a minimum deposit of $10 and supports additional methods like credit cards and Skrill. Alpari's minimum deposit is $50 for standard accounts and $500 for ECN accounts. Withdrawals are processed within 1-3 business days for both, but EasyMarkets offers faster processing for USDT deposits. Interbank transfers are ideal for PEN users, though conversion fees may apply. USDT deposits are instant and avoid bank delays, making them popular among Peru traders. Bank transfers take 2-5 days but are reliable for larger amounts.
| Islamic Account Feature | EasyMarkets | Alpari |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Muslim traders in Peru. EasyMarkets provides a dedicated Islamic account with no swap fees on overnight positions, available on request. Alpari also offers swap-free accounts upon request for all account types, including ECN. However, Alpari may charge a small administrative fee after a holding period. EasyMarkets' Islamic account is simpler and more straightforward for Peru's Muslim community.
| Support Feature | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers 24/5 live chat, email, and phone support in Spanish and English. Alpari provides 24/7 support via live chat, email, and phone, also in Spanish. Both have responsive teams, but Alpari's round-the-clock availability is better for Peru traders who trade outside standard hours. EasyMarkets' support is slightly faster in response time.
| Mobile Feature | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Alpari | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Alpari if you...
For Peru traders, EasyMarkets is the safer choice due to its stronger regulation and user-friendly features like fixed spreads and dealCancellation. It's ideal for beginners or those prioritizing security. Alpari, however, offers lower trading costs and advanced platforms, making it better for experienced traders. Both support local deposits via Interbank, USDT, and Bank Transfer, but EasyMarkets has a lower minimum deposit. Considering SMV Peru does not regulate either broker, EasyMarkets' oversight by CySEC/ASIC provides more peace of mind. Ultimately, choose EasyMarkets for simplicity and protection, or Alpari for cost efficiency and platform variety.