Which broker is better for Israel traders in 2026? Expert analysis across 12 categories.
For Israeli traders seeking a reliable forex broker in 2026, the choice between EasyMarkets and FP Markets is critical. Both accept Israeli clients and support local payments like Bank Transfer and Credit Card, but they cater to different trading styles. EasyMarkets, with a Trustpilot score of 3.4/5, offers a user-friendly platform with fixed spreads and limited asset classes, appealing to beginners. FP Markets, rated 4.7/5, delivers low-cost ECN trading, advanced tools like MetaTrader 4/5, and a wider range of instruments, suiting experienced Israeli traders. Neither broker is directly regulated by the Israel Securities Authority (ISA), but each holds reputable licenses internationally. This comparison focuses on what matters most for Israeli traders: local payment methods, ILS account options, regulatory considerations, and trading costs. Whether you trade shekels or major currencies, understanding these differences will help you choose the right partner.
| 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 Israeli traders, trading costs directly impact profitability, especially for frequent or high-volume strategies. FP Markets offers razor-thin spreads from 0.0 pips on its ECN account with a small commission of $3 per lot, making it ideal for scalpers and algorithmic traders. EasyMarkets provides fixed spreads averaging 1.2 pips for EUR/USD with no commission, offering certainty but higher per-lot costs. If you trade in ILS-denominated accounts, FP Markets may have a slight advantage because its spreads are tighter even after any currency conversion fees. For Israeli day traders executing 10+ lots daily, FP Markets will save hundreds of shekels in spread costs versus EasyMarkets.
| 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 |
|---|---|---|
| Israel (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 | ✓ | ✓ |
Israeli traders often demand robust platforms for technical analysis and fast execution. FP Markets offers MetaTrader 4, MetaTrader 5, and cTrader, all known for advanced charting, automated trading via Expert Advisors (EAs), and low latency. This is a major advantage for experienced retail traders who rely on custom indicators. EasyMarkets provides its proprietary web-based platform with basic charting and risk management tools like deal cancellation. While EasyMarkets is simpler to navigate, it lacks the depth of MT4/MT5. For Israeli traders who need algorithmic trading or multi-asset analysis, FP Markets is the clear choice.
| 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 |
Execution quality affects trade entries and slippage. FP Markets uses an ECN/STP model with no dealing desk, offering sub-second execution and minimal requotes. Average execution speed is below 40ms. EasyMarkets also uses an STP model but with fixed spreads and occasional requotes during volatile markets. For Israeli scalpers or day traders who need reliability, FP Markets clearly outperforms with faster and more consistent order execution.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor FP Markets holds a license from the Israel Securities Authority (ISA). Instead, both operate under international regulators: FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while EasyMarkets is regulated by CySEC and ASIC. For Israeli traders, this means no local investor protection fund coverage. However, CySEC regulation offers negative balance protection and segregation of funds. Traders should also consider that FP Markets' ASIC oversight provides a strong reputation for transparency. Both brokers accept Israeli clients under their international entities, but you should verify that trading forex with non-ISA regulated brokers complies with your personal tax and legal obligations.
| 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 |
Israeli traders have two main local payment methods: Bank Transfer and Credit Card. Both EasyMarkets and FP Markets support these options, but with some differences. EasyMarkets allows deposits in Israeli Shekels (ILS) with no conversion fee, making it easier to fund your account directly from a local bank. Deposits via credit card are processed instantly, while bank transfers take 1-3 business days. Withdrawals at EasyMarkets are fee-free and typically processed within 1 day. FP Markets also accepts Bank Transfer and Credit Card, but deposits are generally in USD, EUR, or GBP, so ILS is converted at the broker’s rate. FP Markets charges a small fee for bank withdrawals over a certain amount. For Israeli traders who want to avoid currency conversion, EasyMarkets is more convenient. Both brokers require standard identity verification for withdrawals.
| 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 Israel who require swap-free accounts can request Islamic accounts from both brokers. EasyMarkets offers Islamic accounts upon request after opening a standard account, converting it to swap-free status. FP Markets provides Islamic accounts automatically at account opening with no additional paperwork. Both brokers eliminate overnight interest on all instruments, including forex and commodities. There are no extra fees for using an Islamic account. However, traders should note that FP Markets permits hedging and includes swap-free conditions on all its account types, while EasyMarkets may restrict certain features like the deal cancellation tool on Islamic accounts. For transparency and ease, FP Markets is slightly more accessible for Israel’s Muslim traders.
| 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 crucial for Israeli traders who may need help in English or Hebrew. EasyMarkets offers 24/5 live chat and email support, with response times under 5 minutes. FP Markets provides 24/7 support via live chat, phone, and email. Neither broker offers dedicated Hebrew support, but both teams communicate well in English. FP Markets’ round-the-clock availability is an advantage for Israeli traders active during non-traditional hours or on weekends.
| 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 experienced Israeli retail traders, FP Markets is the superior choice with its 4.7/5 rating, low spreads, advanced platforms like MT4/MT5, and fast ECN execution. It better suits high-volume strategies and algorithmic trading. EasyMarkets (3.4/5) remains a viable option for beginners or those who value fixed spreads and direct ILS deposits via Bank Transfer or Credit Card. However, neither broker offers ISA regulation, so Israeli traders must accept international oversight. Considering local factors such as local payments and Islamic account availability, FP Markets leads in features and value, while EasyMarkets offers simplicity and convenience. Ultimately, FP Markets aligns more closely with the needs of experienced Israeli traders seeking competitive costs and professional tools.