EasyMarkets vs FP Markets Norway 2026: In-Depth Comparison for Local Traders

For Norway traders, trading costs are a critical factor, especially when trading significant volumes in USD. EasyMarkets uses fixed spreads (e.g., EUR/USD typically 1-2 pips) with no additional commission, making costs predictable but relatively high for active scalpers. FP Markets, by contrast, offers raw ECN spreads from 0.0 pips on major pairs, plus a small commission (e.g., $3 per lot round turn). For a Norwegian trader executing 50 lots per month, FP Markets’ variable spread model can reduce transaction costs by 30-50% compared to EasyMarkets’ fixed spreads. Additionally, FP Markets has lower swap rates on long-term positions, which benefits swing traders. Both brokers charge no deposit fees for Bank Transfer or e-wallets, but EasyMarkets’ inactivity fee ($25 after 6 months) may deter occasional traders. Overall, FP Markets provides a more cost-efficient environment for volume-driven Norwegian traders.

Norway traders who rely on advanced charting, automated trading, and fast execution will favor FP Markets’ platform suite. FP Markets offers MT4, MT5, and cTrader – all industry standards with Expert Advisors (EAs), custom indicators, and deep liquidity. EasyMarkets, in contrast, provides a proprietary web-based platform (also mobile) that is intuitive and includes unique features like ‘deal cancellation’ (allowing traders to cancel a losing trade within a set period). While EasyMarkets’ platform is ideal for beginners or those who value simplicity, it lacks the customization and speed that experienced Norwegian traders require. Both brokers support desktop, web, and mobile versions, but FP Markets offers a clear edge in platform choice and functionality for serious retail traders in Norway.

FP Markets delivers superior execution quality for Norway traders with its raw ECN model, utilizing multiple liquidity providers and low-latency connections to Equinix data centers in London and New York. Average execution speeds are under 40ms with no requotes. EasyMarkets operates a market maker model with fixed spreads, which can lead to occasional slippage during news events. While EasyMarkets offers guaranteed stop-loss orders (a plus for risk-averse traders), FP Markets’ faster execution and deeper order book liquidity benefit scalpers and algorithmic traders. For Norwegian retail traders focusing on high-frequency or high-volume strategies, FP Markets is clearly the stronger choice.

Norway’s local financial regulator, Finanstilsynet, does not directly license either EasyMarkets or FP Markets. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while FP Markets holds licenses from ASIC and the FSA (St. Vincent) with additional regulation from CySEC for European clients. For Norway traders, this means fund security relies on the broker’s adherence to international standards. FP Markets’ stronger regulatory oversight (especially ASIC) and segregated client accounts provide a higher level of protection. EasyMarkets also uses segregated accounts and is a member of the Investor Compensation Fund (ICF) for EU clients, but Norwegian clients may not be covered. Both brokers comply with AML/KYC requirements. Norwegian traders should check the specific entity they open accounts with (e.g., EasyMarkets EU vs. offshore) to understand deposit coverage and dispute resolution options. Overall, FP Markets has a more robust regulatory framework.

Both EasyMarkets and FP Markets support the payment methods most used by Norway traders: Bank Transfer (SEPA or international), Skrill, Neteller, and USDT TRC20. Deposits are processed in USD, with EasyMarkets also accepting NOK via local bank transfers (converted automatically). Minimum deposits: $100 for EasyMarkets, $100 equivalent for FP Markets. Withdrawals are generally free of charge, though EasyMarkets charges a $30 fee for bank wire withdrawals under $2,000. FP Markets offers free withdrawals via Skrill/Neteller and covers one bank wire fee per month. USDT TRC20 deposits are credited within minutes on both platforms, making it attractive for crypto-savvy Norwegian traders. E-wallet withdrawals take 24-48 hours, while bank transfers may take 2-5 business days. Both brokers require identity verification (passport, utility bill) to comply with Norwegian AML laws. FP Markets’ faster withdrawal processing and lower fees give it a slight advantage for frequent traders.

Both EasyMarkets and FP Markets offer Islamic (swap-free) accounts for Norway Muslim traders who wish to avoid interest (riba) on overnight positions. EasyMarkets provides swap-free conditions on all account types upon request, with no expiry or hidden charges – a strong benefit for long-term position traders. FP Markets also offers Islamic accounts for its Standard, Raw, and cTrader accounts, subject to eligibility and potential administrative fees after a holding period (e.g., 30 days). Norway traders should note that Islamic accounts may restrict certain instruments (e.g., indices) or require a minimum deposit. EasyMarkets’ more straightforward swap-free policy is advantageous for devout traders, while FP Markets’ offering is adequate but may include additional terms. It is advisable to contact support before opening to confirm specific conditions for Norwegian residents.

Norway traders can access customer support from both brokers via live chat, email, and phone. EasyMarkets offers 24/5 live chat and email support with average response times of 2-4 hours. FP Markets provides 24/5 multilingual support with an average response time under 1 hour, plus a dedicated account manager for accounts over $2,000. Neither broker offers Norwegian-language support, but English communication is sufficient for most traders. FP Markets’ faster response and dedicated support options give it an edge for traders who need timely assistance, especially during European trading hours.