EasyMarkets vs Exness (2026) – Ethiopia Forex Broker Comparison

When it comes to costs, Exness clearly outperforms EasyMarkets for Ethiopia traders. EasyMarkets offers fixed spreads on its standard account – around 1.2 pips on EUR/USD and 2.5 pips on GBP/USD – which is high compared to Exness’s raw pricing. Exness’s Standard Account has spreads from 0.3 pips (no commission), while the Raw Spread account goes from 0.1 pips with a small commission. For a Ethiopia trader depositing 10,000 ETB (approx. $180) and trading small lots, even a 1-pip difference significantly eats into profits. Exness also provides zero swap on Islamic accounts and volume-based discounts. Overall, Exness’s lower cost structure gives Ethiopia traders better long-term value.

Both brokers offer platforms suitable for Ethiopia’s internet conditions. EasyMarkets provides its proprietary web-based platform, which is lightweight, mobile-friendly, and includes features like deal cancellation. However, it lacks MetaTrader 4/5. Exness offers MT4, MT5, and its own web platform, all optimized for low bandwidth and mobile usage – crucial for Ethiopia’s often unreliable connections. Exness also supports EA trading and advanced charting, which is useful as traders grow. For Ethiopia newcomers, EasyMarkets’ simplicity is attractive, but Exness’s MT4/5 compatibility is more versatile for future needs.

Exness uses a non-dealing desk (NDD) model with no requotes, ensuring fast execution even during high volatility – important for Ethiopia traders using EA or scalping strategies. EasyMarkets operates a dealing desk that may lead to slippage or requotes on fast-moving markets. Exness also offers execution speeds under 100ms and deep liquidity from tier-1 banks. For emerging retail traders in Ethiopia who want order accuracy, Exness’s execution is clearly superior.

Neither EasyMarkets nor Exness is regulated by the National Bank of Ethiopia (NBE). However, Exness holds licenses from top-tier regulators such as the UK FCA, Cyprus CySEC, and South Africa FSCA, ensuring strict client fund segregation and negative balance protection. EasyMarkets is regulated by CySEC and the Australian ASIC, which are also reputable but less comprehensive for international retail traders. For Ethiopia traders, Exness’s stronger regulatory framework (FCA oversight) provides extra security, especially given the lack of local protection. Always verify the specific entity you’re trading with to ensure it covers Ethiopian clients.

Deposits and withdrawals are a major consideration for Ethiopia traders. Exness leads with local-friendly methods: it supports deposits via CBE Birr (Commercial Bank of Ethiopia) through partner processors, direct bank transfers in ETB, and USDT (Tether) for crypto deposits. Withdrawals are usually processed within 24 hours, and USDT withdrawals avoid bank delays. EasyMarkets, on the other hand, primarily accepts bank transfers, credit cards, and e-wallets like Skrill – none of which directly involve CBE Birr or USDT, making deposits slower and more expensive for Ethiopia users. For instance, depositing 5,000 ETB via international wire can take 3–5 days and incur fees. Exness’s support for USDT and local bank transfers makes it far more practical for day-to-day trading in Ethiopia.

Both brokers offer swap-free Islamic accounts compliant with Sharia law for Muslim traders in Ethiopia. EasyMarkets provides a dedicated Islamic account that must be requested after registration; it waives all overnight swap fees on both forex and commodities. Exness automatically applies swap-free status to clients from Ethiopia based on their country of residence, no request needed. Exness also offers zero swaps on indices and metals, and allows limited hedging for Islamic accounts. For Ethiopia’s Muslim traders, Exness’s seamless automatic setup is more convenient, but both options are viable.

Customer support is available 24/7 for both brokers. EasyMarkets offers live chat, email, and phone support in English. Exness provides multilingual support (including English), live chat, WhatsApp, and a comprehensive help centre. For Ethiopia traders, Exness’s WhatsApp support is particularly useful given low data usage. Both have reliable response times, but Exness’s broader channel options and faster handling of support tickets give it a slight edge.