Which broker is better for Nepal traders in 2026? Expert analysis across 12 categories.
When comparing easyMarkets vs FP Markets in 2025, Nepal traders face a clear choice between a user-friendly fixed spread broker and a high-volume ECN specialist. EasyMarkets (score 3.4/5) offers a straightforward platform with fixed spreads and no hidden costs, appealing to beginners or those who trade infrequently. FP Markets (score 4.7/5) excels with ultra-tight spreads from 0.0 pips, fast execution, and local payment methods like eSewa and Khalti. For remittance-focused traders in Nepal, who often deal with smaller or frequent transfers, cost efficiency and deposit convenience are critical. FP Markets clearly leads in both areas. However, easyMarkets provides a simpler experience for those new to forex. This comparison dives into trading costs, payment methods, regulation, and account types tailored to Nepal’s unique environment, including the role of SEBON as the local regulatory reference.
| 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 Nepal traders, trading costs directly impact net returns from remittance trading. EasyMarkets uses fixed spreads — typically 1.5 pips on EUR/USD — with no commission. This makes costs predictable but relatively high. FP Markets offers two account types: Standard (spread from 1.0 pips, no commission) and RAW ECN (spread from 0.0 pips, commission of $3 per lot). On RAW, a Nepal trader trading 1 lot of EUR/USD pays roughly $3 in commission plus a near-zero spread, totaling around $30 per standard lot vs easyMarkets’ $150. Over 100 lots, the difference is $12,000. For Nepal traders using leveraged remittance capital, lower costs at FP Markets significantly boost profitability.
| 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 |
|---|---|---|
| Nepal (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, which are popular among Nepal traders for their advanced charting and automated trading. FP Markets also provides cTrader, a modern platform with deeper liquidity and faster order execution — ideal for scalping. easyMarkets adds its proprietary web platform with deal cancellation features, which can appeal to less experienced traders. For Nepal traders who rely on mobile trading due to intermittent internet, both brokers have capable apps. FP Markets’ cTrader mobile is particularly responsive. Overall, FP Markets offers more platform choices, especially for active traders who need speed and 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 |
Execution quality is critical for Nepal traders who may experience variable internet speeds. FP Markets offers ECN execution with typical speeds under 30ms and no requotes, ideal for scalping. easyMarkets uses market maker execution, which can have slippage and requotes during volatile periods. FP Markets’ multiple liquidity providers ensure depth, while easyMarkets’ single dealer model can lead to re-quotes. For traders relying on fast fills on major pairs, FP Markets is the better choice.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
easyMarkets is regulated by CySEC (Europe), ASIC (Australia), and the FSA (Seychelles). FP Markets is regulated by ASIC (Australia), CySEC, and the FSA (Seychelles). Neither broker holds a license from SEBON (Securities Board of Nepal). However, SEBON does not regulate forex trading for retail individuals; it oversees the Nepal Stock Exchange and securities market. Therefore, Nepal traders are free to use these international brokers as long as they comply with the Nepal Rastra Bank’s foreign exchange regulations. Both brokers segregate client funds and offer negative balance protection. For Nepal traders, FP Markets’ ASIC regulation provides a stronger tier-1 safety net.
| 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 |
Depositing and withdrawing funds is a key concern for Nepal traders. FP Markets supports local payment methods like eSewa and Khalti, in addition to bank transfers. This allows instant deposits in NPR without high international fees. Deposits via eSewa/Khalti are typically free and processed within minutes. EasyMarkets does not directly support eSewa or Khalti; clients must use bank transfer (which can take 2-5 days and incur intermediary bank charges) or other international methods like Skrill/Neteller. Withdrawals for both brokers are mainly via bank transfer, though FP Markets can process withdrawals back to eSewa/Khalti in some cases. For remittance traders who need fast, low-cost access to their funds, FP Markets is clearly superior.
| 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 |
For Nepal’s Muslim traders who require swap-free accounts, both brokers accommodate. easyMarkets offers Islamic accounts (swap-free) on all account types upon request, with no additional charges. FP Markets provides Islamic accounts as well, but they may be limited to certain account types and require a formal application; positions held overnight incur no swap, but there may be a small administration fee after a certain period. Both brokers comply with Sharia principles by not charging or paying interest on overnight positions. Nepal traders should confirm the specific terms before opening an Islamic account, especially regarding long-term holds.
| 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 for Nepal traders is available in English via live chat, email, and phone from both brokers. FP Markets offers 24/7 support with quick response times, while easyMarkets has business hours support. Neither broker provides Nepali language support. However, FP Markets’ local payment integration suggests a better understanding of the Nepal market. For time-sensitive queries, FP Markets’ round-the-clock support is more reliable.
| 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 Nepal traders focused on remittance trading, FP Markets is the clear winner. Its low spreads, support for eSewa and Khalti, superior execution, and ASIC regulation outweigh easyMarkets’ simplicity. EasyMarkets remains a viable option for beginners or those who prefer fixed costs and simpler platforms. In 2025, with Nepal’s growing online trading community and easing access to international brokers, FP Markets aligns better with the need for cost efficiency and local deposit convenience. Use SEBON as a reference for local compliance, but remember that neither broker is regulated by SEBON. Ultimately, choose FP Markets for trading volume and cost savings, and easyMarkets for a straightforward start.