Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Chile, choosing between EasyMarkets and Exness requires careful consideration of local trading conditions, regulatory oversight, and payment methods. EasyMarkets, with a 3.4/5 rating, offers a user-friendly platform and fixed spreads, appealing to those who value predictability. Exness, scoring 4.8/5, is widely recognized for its ultra-low spreads, high leverage, and fast execution, making it a top choice for serious Chilean traders. Both brokers accept Chilean clients and support deposits via Bank Transfer and Credit Card in CLP-equivalent amounts. However, the local regulator, CMF Chile, does not directly oversee these international brokers, so traders must rely on offshore licenses and reputation. This comparison focuses on key factors for Chile: trading costs, platform reliability, deposit/withdrawal efficiency, and regulatory safety, helping you decide which broker aligns with your trading style and local needs.
| Instrument | EasyMarkets | Exness | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Exness |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Exness |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Exness |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Exness |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Exness |
When trading from Chile, cost efficiency is critical for experienced retail traders. Exness offers raw spreads from 0.0 pips (with a commission of $3–$7 per lot) on its Zero accounts, while EasyMarkets maintains fixed spreads around 1.0–1.2 pips on EUR/USD with no commission. For high-volume traders in Chile, Exness is clearly more economical, as tight spreads reduce costs significantly on frequent trades. EasyMarkets’ fixed spreads protect against widening during volatile events, which some Chilean traders might prefer for small lot sizes. Additionally, swap rates can vary; Exness typically offers competitive overnight fees, while EasyMarkets’ swap-free option for Islamic accounts may appeal to some. Always calculate total cost per trade including slippage and commissions based on your typical volume.
| Account Type | EasyMarkets | Exness |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | Exness |
|---|---|---|
| Chile (offshore) | Up to 1:2000 | Up to 1:2000 |
| Forex major pairs | 1:2000 | 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 | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Exness |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Exness |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers cater well to Chilean traders needing robust platforms. Exness provides the full MetaTrader 4 and MetaTrader 5 suite, plus its own WebTerminal and mobile apps, all optimized for fast execution and advanced charting. EasyMarkets offers its proprietary web-based platform and MT4, with an emphasis on simplicity and built-in risk management tools like Deal Cancellation and guaranteed stop loss. For experienced Chilean traders who require advanced indicators, automated trading, and multiple timeframes, Exness’ MT5 is superior. EasyMarkets’ platform is more intuitive for beginners but lacks depth. Both are accessible in Spanish and run reliably on Chilean internet connections.
| Factor | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Exness |
| 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 |
Exness is known for lightning-fast execution speeds, often under 0.1 seconds on its ECN accounts, with minimal slippage. EasyMarkets’ execution is reliable but generally slower, with no dealing desk intervention for most orders. For experienced Chilean traders who scalp or trade news, Exness’s superior execution quality ensures better fills and reduced requotes. EasyMarkets’ guaranteed stop loss feature is a trade-off that some may value despite slightly slower order processing.
| Safety Factor | EasyMarkets | Exness |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Chilean traders since the CMF Chile (Comisión para el Mercado Financiero) does not directly license foreign forex brokers. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while Exness holds licenses from the FCA (UK), CySEC, and FSCA (South Africa). Neither is CMF-regulated, but Exness’s stronger regulatory framework (FCA Tier-1) offers greater client fund protection via segregation and negative balance protection. EasyMarkets also segregates funds and provides compensation schemes under EU rules. Chilean traders should prioritize brokers with transparent regulation; Exness’s higher score reflects its robust oversight. Always verify the broker’s license status and consider using local bank transfers for extra security.
| Payment Method | EasyMarkets | Exness |
|---|---|---|
| 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) | crypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days |
Chilean traders can fund their accounts easily at both brokers using Bank Transfer (wire in USD) or Credit Card (Visa/Mastercard). Exness stands out with a minimum deposit of just $10 USD and supports additional local e-wallets like Perfect Money and Neteller, which some Chileans may find convenient. EasyMarkets requires a $100 minimum deposit but processes bank transfers efficiently. Withdrawals: Exness processes most requests within 24 hours (often faster for e-wallets), while EasyMarkets takes 1–3 business days. Credit card withdrawals return to the same card, which is handy for Chileans. Bank transfers may incur intermediate bank fees; check with your Chilean bank for incoming international wires. Both brokers charge no internal fees, but currency conversion from CLP to USD may apply.
| Islamic Account Feature | EasyMarkets | Exness |
|---|---|---|
| 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 Chilean Muslim traders, both EasyMarkets and Exness offer Islamic (swap-free) accounts that comply with Sharia law by eliminating overnight interest. EasyMarkets provides a straightforward swap-free option with no expiration, ideal for long-term positions. Exness also offers Islamic accounts, but they may restrict certain trading styles (e.g., scalping or hedging) and require approval. Chilean traders should confirm with support that swap-free status is active and understand any volume limits. Overall, both brokers accommodate Chile’s Muslim community, but EasyMarkets’ simpler implementation might be preferable for those new to Islamic trading.
| Support Feature | EasyMarkets | Exness | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✓ | Exness |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers 24/5 customer support via live chat, email, and phone with Spanish-language assistance, which is beneficial for Chilean traders. Exness provides 24/7 support in multiple languages, including Spanish, through live chat, email, and a comprehensive FAQ. Exness’s round-the-clock availability gives it an edge for traders active during Chile’s evening hours. Both respond quickly, but Exness’s multilingual team may be more efficient for complex queries.
| Mobile Feature | EasyMarkets | Exness | 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 | Exness | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Exness if you...
For experienced retail traders in Chile, Exness is the clear winner with its 4.8/5 rating, reflecting superior trading conditions across spreads, execution, and regulation. While EasyMarkets offers fixed spreads and innovative risk features, Exness’s low-cost environment, high leverage, and fast execution better suit the needs of active Chilean traders who use Bank Transfer or Credit Card deposits. Neither broker is regulated by the CMF Chile, but Exness’s robust offshore licenses provide stronger trust. If you trade large volumes or require advanced tools, Exness is the optimal choice. However, if you prefer predictability and simpler trading, EasyMarkets remains a viable option. Always test with a demo account and ensure your deposit method works smoothly with your Chilean bank.