EasyMarkets vs FP Markets (2026): In-Depth Comparison for New Zealand Traders

For New Zealand traders, trading costs are a critical factor. EasyMarkets offers fixed spreads, meaning costs are predictable but generally wider. For example, EUR/USD spreads start around 1.7 pips. FP Markets, by contrast, provides raw spreads from 0.0 pips on its ECN accounts, with a low commission per lot. Over a high volume of trades, FP Markets can save Kiwi traders hundreds of dollars annually. Additionally, FP Markets does not charge deposit or withdrawal fees on most methods, while EasyMarkets may impose fees on certain transfers. Overall, FP Markets is more cost-effective for active New Zealand traders.

FP Markets offers MetaTrader 4, MetaTrader 5, and cTrader, giving New Zealand traders flexibility across desktop, web, and mobile. These platforms are widely used and support advanced charting, automated trading, and custom indicators. EasyMarkets provides its own proprietary web-based platform and mobile app, which is simpler but lacks the depth of MetaTrader. For New Zealand traders who value advanced tools, EA compatibility, or algorithmic trading, FP Markets is the clear winner. EasyMarkets' platform is suitable for beginners who prefer a straightforward interface.

FP Markets boasts ultra-fast execution with no requotes, thanks to its ECN/STP model and multiple liquidity providers. Average execution speed is under 40ms, suitable for scalpers and high-frequency traders. EasyMarkets uses a market maker model, which can lead to occasional slippage and requotes during volatile periods. For New Zealand traders who value speed and reliability, FP Markets provides a clear edge in execution quality.

Both EasyMarkets and FP Markets are regulated by reputable authorities, which provides New Zealand traders with a layer of security. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while FP Markets is regulated by ASIC and the FSCA (South Africa). Importantly, both brokers accept New Zealand clients and comply with local financial regulations, including client fund segregation and negative balance protection. Although neither is directly regulated by the FMA, they operate in New Zealand under AFSL licenses that are recognised locally. Traders should verify current registration with the FMA before depositing.

New Zealand traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. EasyMarkets also supports credit/debit cards and PayPal, while FP Markets adds POLi (Australian bank transfer) and UnionPay. Bank transfers are ideal for large amounts but may take 1-3 business days. Skrill and Neteller offer instant deposits and withdrawals with minimal fees, though Neteller may have higher withdrawal costs. USDT TRC20 provides a fast, low-cost crypto option suitable for tech-savvy traders. FP Markets generally processes withdrawals faster, often within 24 hours, while EasyMarkets may take up to 48 hours. Both brokers do not charge internal fees for most methods, but third-party charges may apply.

For New Zealand Muslim traders requiring swap-free accounts, both EasyMarkets and FP Markets offer Islamic accounts. EasyMarkets provides Islamic accounts on request with no interest charges on overnight positions, but spreads may be slightly wider to compensate. FP Markets also offers swap-free accounts across all account types, including ECN, with the same tight spreads as standard accounts. FP Markets requires documentation to confirm eligibility, while EasyMarkets is more lenient. Overall, FP Markets gives better trading conditions for Islamic account holders in New Zealand.

FP Markets offers 24/7 multilingual support via live chat, email, and phone, with a dedicated team for New Zealand clients. Response times are typically under 30 seconds for live chat. EasyMarkets provides 24/5 live chat and email support, with phone support available during business hours. While both brokers offer helpful support, FP Markets' round-the-clock availability and faster response times give it an advantage for New Zealand traders trading during different time zones.