Which broker is better for Armenia traders in 2026? Expert analysis across 12 categories.
For retail traders in Armenia, choosing the right broker is crucial for successful forex trading. EasyMarkets and FP Markets are two well-known brokers accessible to Armenia residents, both regulated by the local financial regulator. EasyMarkets scores 3.4/5, offering a user-friendly platform and fixed spreads, while FP Markets scores 4.7/5, known for low spreads and fast execution. Armenia traders benefit from multiple deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20. In this comparison, we evaluate each broker's trading costs, platforms, regulation, and support to help you decide which best fits your trading style.
| Instrument | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | FP Markets |
Trading costs are a key consideration for Armenia traders. FP Markets offers ultra-low spreads from 0.0 pips on its Raw ECN account with a $3 commission per lot, while EasyMarkets provides fixed spreads starting from 1.0 pips without commission. For high-volume traders, FP Markets can be significantly cheaper, especially when trading major pairs like EUR/USD. However, for beginners who prefer predictable costs, EasyMarkets' fixed spreads may be simpler. Both brokers quote spreads in USD, convenient for Armenia traders.
| Account Type | EasyMarkets | FP Markets |
|---|---|---|
| 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 | FP Markets |
|---|---|---|
| Armenia (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| 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 | FP Markets | 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 | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, the industry-standard platforms widely used in Armenia. EasyMarkets also provides its own web-based platform with advanced risk management tools like DealCancellation. FP Markets offers MT4 and MT5 with full customization and third-party plugins. For Armenia traders who prefer trading on mobile, both have robust apps. FP Markets' platforms are known for faster execution and better charting tools, appealing to active traders.
| Factor | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| 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 |
FP Markets is known for its fast execution speed with no requotes, thanks to its ECN technology and liquidity providers. EasyMarkets uses a market-making model, which may result in slightly slower execution and potential requotes during volatile markets. For Armenia traders who prioritize speed and reliability, especially for scalping, FP Markets is the better choice. Both brokers offer negative balance protection.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is critical for safety. Both EasyMarkets and FP Markets are licensed by the local financial regulator in Armenia, ensuring they operate under strict guidelines. This provides Armenia traders with protection such as segregated client funds and negative balance protection. EasyMarkets is also regulated in Cyprus (CySEC), while FP Markets is regulated in Australia (ASIC) and other jurisdictions. For Armenia residents, local regulation adds an extra layer of trust and security.
| Payment Method | EasyMarkets | FP Markets |
|---|---|---|
| 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) | 24 hours |
Deposits and withdrawals are straightforward for Armenia traders. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank transfers are suitable for larger amounts but may take 1-3 business days. Skrill and Neteller deposits are instant and free of charge, ideal for quick funding. USDT TRC20 offers near-instant deposits with low fees, appealing to crypto users. Withdrawals are typically processed within 24 hours for e-wallets and crypto, while bank transfers may take up to 2-5 business days. FP Markets also supports credit/debit cards and other methods. Always check for any additional fees from your bank or payment provider.
| Islamic Account Feature | EasyMarkets | FP Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Muslim traders in Armenia can open Islamic (swap-free) accounts with both EasyMarkets and FP Markets. These accounts comply with Sharia law by eliminating overnight swap fees. EasyMarkets offers Islamic accounts for all account types, while FP Markets provides them for Standard and Raw accounts. It's important to note that Islamic accounts may have restrictions on certain trading strategies or holding periods. Armenia traders should confirm the terms before opening an account.
| Support Feature | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support is available in English and other languages. EasyMarkets offers 24/5 live chat, email, and phone support. FP Markets provides 24/7 live chat and phone support, which can be beneficial for Armenia traders trading during different hours. Response times are generally quick for both. FP Markets also has a dedicated support team for Armenia region, ensuring local queries are handled efficiently.
| Mobile Feature | EasyMarkets | FP Markets | 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 | ✗ | ✓ | FP Markets |
| Resource | EasyMarkets | FP Markets | 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 FP Markets if you...
For Armenia traders, FP Markets emerges as the stronger choice due to its higher score (4.7 vs 3.4), lower spreads, and faster execution. It supports local deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and is regulated by the local financial regulator. EasyMarkets may appeal to beginners or those who value fixed spreads and risk management tools. However, for most retail traders in Armenia seeking cost-effectiveness and quality, FP Markets is recommended.