Which broker is better for Czech Republic traders in 2026? Expert analysis across 12 categories.
Czech Republic traders seeking reliable forex and CFD brokers often compare EasyMarkets and FP Markets, two well-established international providers. EasyMarkets, founded in 2001, is known for its user-friendly fixed-spread platform and risk management tools like deal cancellation. FP Markets, launched in 2005, has built a strong reputation among retail traders for its low-cost ECN/STP execution, tight spreads, and advanced trading platforms. For Czech traders, both brokers offer access to major and minor currency pairs, commodities, indices, and crypto CFDs. FP Markets holds a higher overall rating of 4.7/5 compared to EasyMarkets' 3.4/5, reflecting better value in terms of costs and trading conditions. While both are regulated within the EU (CySEC for EasyMarkets, ASIC/CySEC for FP Markets), they also comply with Czech regulatory requirements through MiFID II. Czech traders using Bank Transfer, Skrill, Neteller, or USDT TRC20 will find both brokers accommodating, but FP Markets offers more deposit options and faster execution. This comparison will help you decide which broker suits your trading style, whether you prioritize fixed costs or low spreads.
| 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 |
For Czech Republic traders, trading costs are a critical factor. FP Markets offers a Raw account with spreads from 0.0 pips and a small commission per lot, making it ideal for scalpers and high-volume traders. In contrast, EasyMarkets uses fixed spreads that start around 1.1 pips on EUR/USD, with no commission. Over 100 trades per month, FP Markets can save Czech traders 30-50% on costs depending on position size. Additionally, FP Markets' ECN model ensures tighter spreads during volatile news releases, while EasyMarkets' fixed spreads may widen during high volatility. For Czech traders trading in USD, the cost difference directly impacts profitability, especially for those using frequent strategies.
| 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 |
|---|---|---|
| Czech Republic (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 provide MetaTrader 4 and MetaTrader 5, popular among Czech traders for their charting tools, algorithmic trading, and custom indicators. FP Markets also offers the cTrader platform, which provides advanced order management and depth of market – a strong advantage for scalpers. EasyMarkets has its own web-based platform that simplifies trading with one-click order execution and risk management features like Freeze Rate and Deal Cancellation. For Czech traders who prefer automated strategies or complex analysis, FP Markets' broader platform choice is superior. Beginners may find EasyMarkets' proprietary platform easier to use, but experienced traders will appreciate FP Markets' flexibility.
| 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 uses ECN/STP execution with ultra-low latency, achieving execution speeds under 40ms and no requotes. This is crucial for Czech scalpers and algorithmic traders. EasyMarkets operates as a market maker with no dealing desk intervention on most instruments, but fixed spreads can lead to slippage, especially during news events. FP Markets' VPS service further improves execution for automated strategies. Overall, FP Markets offers superior execution quality that benefits active Czech traders.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC in Cyprus (license 159/11) and ASIC in Australia, which means it operates under ESMA regulations that protect EU clients, including Czech Republic traders. FP Markets holds licenses from CySEC, ASIC, and the FSA in Seychelles, giving it oversight from multiple regulators. For Czech traders, the local financial regulator (Česká národní banka – CNB) does not directly regulate these brokers, but both firms comply with MiFID II through their EU entities. FP Markets' ASIC regulation offers additional client fund segregation and stronger dispute resolution. Overall, FP Markets has a more robust regulatory framework, which gives Czech traders extra confidence in fund safety.
| 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 |
Czech Republic traders can fund accounts at both EasyMarkets and FP Markets using Bank Transfer, Skrill, Neteller, and USDT TRC20. FP Markets also supports credit/debit cards, PayPal, and local Czech bank transfers via Trustly, broadening convenience. Deposits via e-wallets (Skrill, Neteller) are instant with no fees at both brokers, while USDT TRC20 deposits are processed within minutes and have minimal transaction costs – a big plus for crypto users. Bank transfers take 1-3 business days and may incur intermediary fees. Withdrawals are processed similarly: FP Markets processes e-wallet withdrawals within 24 hours, while EasyMarkets may take up to 48 hours. FP Markets generally offers faster withdrawal processing and lower fees, making it more efficient for active Czech traders who need quick access to funds.
| 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 |
Both EasyMarkets and FP Markets offer Islamic (swap-free) accounts for Muslim traders in Czech Republic. These accounts eliminate overnight interest on positions, complying with Sharia law. EasyMarkets provides swap-free accounts automatically for clients from Muslim-majority countries, while FP Markets requires a simple request via email or live chat, which is approved within 24 hours. FP Markets Islamic accounts are available on all account types, including Raw and Standard, whereas EasyMarkets offers them on its standard fixed-spread account. Czech Muslim traders should compare the spreads: FP Markets' lower spreads make its Islamic account more cost-effective over the long term, despite EasyMarkets' fixed spreads being simpler.
| 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 |
Both brokers offer 24/5 multilingual customer support. EasyMarkets provides live chat, email, and phone support in English, Spanish, Arabic, and several other languages, but does not offer Czech language support. FP Markets also supports English and major languages, with a dedicated Czech-speaking team available during specific hours via live chat. Response times are similar, averaging under 2 minutes. For Czech traders who prefer native language assistance, FP Markets has a slight edge. Both brokers also have extensive FAQ sections and educational resources.
| 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 most Czech Republic retail traders, FP Markets is the superior choice due to its higher rating, lower spreads, diverse platform support, and stronger regulation through ASIC and CySEC. Its fast ECN execution and cost efficiency make it ideal for active traders using Bank Transfer, Skrill, Neteller, or USDT TRC20. EasyMarkets remains a solid option for beginners who value fixed costs and simplified risk management, but its higher spreads and limited platform choice hold it back. While both brokers comply with local regulatory standards via the Czech National Bank's oversight of EU passporting, FP Markets provides better overall value. We recommend FP Markets for Czech traders seeking long-term profitability and flexibility.