Which broker is better for Myanmar traders in 2026? Expert analysis across 12 categories.
Myanmar's forex market is growing rapidly, driven by a new generation of emerging retail traders looking for accessible trading platforms. Among the international brokers available, EasyMarkets and Exness stand out as two popular choices. EasyMarkets, with a CompareBroker score of 3.4/5, is known for its simplicity and fixed spreads, making it appealing to complete beginners. Exness, scoring 4.8/5, offers superior trading conditions with tight spreads, high leverage up to 1:2000, and extensive local payment support including KBZPay, Wave Money, Bank Transfer, and USDT. For traders in Myanmar who value low costs, fast withdrawals, and the ability to trade in MMK without conversion headaches, Exness is the clear frontrunner. However, EasyMarkets may still suit those who prefer a no-fuss, all-in-one platform with risk management tools. This comparison focuses on what matters most to Myanmarese traders: local deposits, regulatory awareness, trading costs, and platform usability.
| 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 Myanmar, cost is a critical factor. Exness offers some of the lowest spreads in the industry, starting from 0.3 pips on major pairs like EUR/USD, with a commission of $3 per lot on its Raw Spread account. EasyMarkets, by contrast, provides fixed spreads starting around 1.2 pips on its standard account—no commission but wider spreads. For active Myanmar traders executing high volumes or scalping, Exness can save hundreds of dollars per month. Additionally, Exness does not charge deposit or withdrawal fees on most local methods, while EasyMarkets may impose fees on certain withdrawals. Considering the average transaction size of Myanmar emerging traders, Exness’s cost structure is more favorable.
| 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 |
|---|---|---|
| Myanmar (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 offer robust platforms that are accessible from Myanmar. EasyMarkets provides its proprietary web-based platform and MetaTrader 4 (MT4), with a clean interface and built-in risk tools like deal cancellation. Exness offers MT4, MT5, and its own web terminal, giving traders more flexibility. For Myanmar users who often rely on mobile trading due to internet limitations, Exness’s mobile app is highly optimized for low bandwidth. EasyMarkets’ mobile app is also user-friendly but lacks advanced charting tools. Overall, Exness’s platform ecosystem is more comprehensive for traders who need advanced analytics, while EasyMarkets suits those who prefer simplicity.
| 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 provides instant execution with low latency, utilizing a NDD (No Dealing Desk) model on most accounts. Orders are executed in milliseconds, which is crucial for Myanmar traders who may face slower internet connections. EasyMarkets offers market execution with a dealing desk model, which can lead to requotes during volatile events. For scalping and news trading, Exness’s execution is superior and more reliable.
| Safety Factor | EasyMarkets | Exness |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Myanmarese traders, given that the local regulator SECM does not oversee international brokers. EasyMarkets is regulated by ASIC (Australia) and CySEC (Cyprus), providing a solid level of investor protection but with leverage limits (typically 1:30 for retail). Exness is regulated by the FCA (UK), CySEC, and the FSA (Seychelles), with a global client base that includes thousands from Myanmar. Exness offers negative balance protection and segregated accounts. While neither broker is directly regulated by SECM, Exness’s FCA oversight offers stronger client fund safety for Myanmar traders. We recommend checking local regulations before opening an account.
| 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 |
One of the biggest advantages for Myanmar traders is Exness’s comprehensive local payment support. Exness allows deposits and withdrawals via KBZPay, Wave Money, Bank Transfer (local Burmese banks), and USDT (USDT TRC20/ERC20). Deposits are processed instantly with zero fees, and withdrawals are typically fast—within a few hours for e-wallets. EasyMarkets supports USDT and international bank transfers, but does not directly integrate KBZPay or Wave Money. This means Myanmar traders must convert MMK to USD first or pay conversion fees. For seamless transactions using MMK-based methods, Exness is the better option. Both brokers require standard KYC verification.
| 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 |
Myanmar has a significant Muslim population, and both brokers offer Islamic (swap-free) accounts compliant with Sharia law. EasyMarkets provides an Islamic account that is automatically available to clients from Muslim-majority regions, including Myanmar, with no swap charges. Exness also offers swap-free accounts on request, covering most instruments. Exness’s Islamic account has no additional spreads or hidden fees, making it slightly more cost-effective. Both brokers allow Myanmar Muslim traders to trade without interest, but Exness’s broader instrument availability and lower spreads give it an edge.
| 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 |
Customer support in English is available 24/5 from both brokers. Exness offers 24/7 support in multiple languages, including Burmese-language chat support via their website, which is a clear advantage for Myanmar traders. EasyMarkets provides support via live chat and email during market hours, but does not offer Burmese language support. Exness’s response times are also faster, typically under 1 minute for live chat.
| 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 Myanmar emerging retail traders, Exness is the superior choice overall. It offers tight spreads, high leverage, and seamless local deposit options including KBZPay, Wave Money, Bank Transfer, and USDT—allowing you to trade with MMK directly without conversion hassles. Combined with excellent regulation (FCA, CySEC) and fast execution, Exness aligns perfectly with the needs of cost-conscious traders. EasyMarkets remains a viable option if you prioritize a beginner-friendly interface and fixed costs, but it lacks Myanmar-specific payment integrations and charges higher spreads. Given the scores (Exness 4.8 vs EasyMarkets 3.4), we recommend Exness for most Myanmar traders looking to maximize their trading efficiency and minimize costs.