Which broker is better for Pakistan traders in 2026? Expert analysis across 12 categories.
Choosing between EasyMarkets and FP Markets is a key decision for retail traders in Pakistan who seek high leverage and Islamic accounts. Both brokers accept local payment methods like JazzCash, Easypaisa, USDT TRC20, and bank transfer, making it easy to deposit in PKR without currency conversion hassles. However, their overall ratings differ significantly: EasyMarkets scores 3.4/5, while FP Markets scores 4.7/5. FP Markets stands out with tighter spreads, more platform choices (MT4, MT5, cTrader), and higher leverage up to 1:500. EasyMarkets offers a simpler fixed-spread model and a user-friendly proprietary platform, which may appeal to beginners. For Pakistani traders who trade actively or need advanced tools, FP Markets is the stronger option. This comparison covers spreads, leverage, regulation (including SECP considerations), local payments, Islamic accounts, and execution quality to help you decide which broker fits your trading style in the Pakistan market.
| 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 Pakistani traders, trading costs directly impact profitability. FP Markets offers a Raw account with spreads from 0.0 pips on major forex pairs, plus a commission of around $3 per lot per side – ideal for high-volume scalpers. The Standard account has spreads from 1.0 pips with no commission. EasyMarkets uses fixed spreads, typically 1.2–1.5 pips on EUR/USD, with no commission. Over 10 lots per month, FP Markets' Raw account costs about $60 in commissions versus $120–$150 in spread costs on EasyMarkets. However, EasyMarkets' fixed spreads provide certainty during news events. For Pakistani traders trading smaller volumes, EasyMarkets may be simpler, but FP Markets offers lower costs for active trading.
| 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 |
|---|---|---|
| Pakistan (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 | ✓ | ✓ |
FP Markets provides a wider range of trading platforms suitable for Pakistani traders: MetaTrader 4, MetaTrader 5, and cTrader. MT4 and MT5 are popular for forex and CFDs with advanced charting and automated trading via Expert Advisors (EAs). cTrader offers a modern interface with depth of market and fast execution. EasyMarkets offers its proprietary web platform and mobile app, which is intuitive and includes risk management tools like deal cancellation. It also supports MT4. For Pakistani traders who rely on EAs or custom indicators, FP Markets is the better choice. Beginners may prefer EasyMarkets' all-in-one platform with built-in hedging and negative balance protection.
| 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 crucial for Pakistani traders, especially those using high leverage. FP Markets offers ECN execution on Raw and cTrader accounts, with order execution speeds under 40 milliseconds and no dealing desk intervention. This minimizes slippage during news events. EasyMarkets uses a no-dealing-desk model but with fixed spreads, which can lead to wider spreads during volatile periods. FP Markets also offers deeper liquidity from multiple banks, resulting in better fill rates. For scalpers and day traders in Pakistan, FP Markets provides superior execution. EasyMarkets' execution is reliable for longer-term swing traders who prefer fixed spreads.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both EasyMarkets and FP Markets are regulated by multiple financial authorities, but neither is directly licensed by the Securities and Exchange Commission of Pakistan (SECP). EasyMarkets is regulated by CySEC (Cyprus), FSA (Seychelles), and ASIC (Australia). FP Markets is regulated by ASIC, CySEC, and the FSA. For Pakistani traders, this means you are trading under international oversight, not local SECP protection. Both brokers offer negative balance protection and segregated client funds. It is important to understand that you must rely on the broker's compensation schemes (e.g., ICF for CySEC) rather than local Pakistan deposit insurance. Always check the broker's specific entity for your region – many Pakistani traders use the offshore (FSA) entities for higher leverage.
| 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 |
Pakistani traders have convenient deposit and withdrawal options at both EasyMarkets and FP Markets. Local payment methods include JazzCash, Easypaisa, USDT TRC20, and traditional bank transfers. JazzCash and Easypaisa deposits are processed instantly with no fees from the broker, though your mobile wallet may charge a small fee. USDT TRC20 deposits are nearly instant and ideal for larger amounts, with low blockchain fees. Bank transfers (both local and international) take 1–3 business days and may incur intermediary bank charges. Minimum deposits start at around $10–$50 equivalent in PKR for both brokers. Withdrawals are processed through the same methods, with USDT TRC20 being the fastest (same day). Bank withdrawals may take 2–5 business days. FP Markets generally processes withdrawals faster (within 24 hours for e-wallets), while EasyMarkets can take 1–2 business days. Both brokers support PKR conversion at competitive rates, but check for any conversion fees.
| 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 that comply with Sharia law, making them suitable for Muslim traders in Pakistan. EasyMarkets automatically provides swap-free accounts for clients residing in Muslim-majority countries including Pakistan – no request needed. There are no swap charges on overnight positions across all instruments. FP Markets offers Islamic accounts on request for both Standard and Raw accounts, with zero swap fees. However, Islamic accounts may have restrictions on very long-term positions or certain instruments. Pakistani traders should also note that Islamic accounts at both brokers still allow high leverage (up to 1:400 with EasyMarkets, up to 1:500 with FP Markets). Spreads on Islamic accounts are the same as regular accounts, so FP Markets Raw account remains cheaper for active 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 available 24/5 from both EasyMarkets and FP Markets, with support in English and other languages. EasyMarkets offers live chat, email, and phone support, and has a dedicated account manager for VIP traders. FP Markets provides 24/5 live chat, phone, and email support, plus a comprehensive FAQ and educational resources. For Pakistani traders, the time zone difference (PKT) may align well with support hours. FP Markets tends to have faster response times on live chat (under 30 seconds), while EasyMarkets is also responsive but may have slightly longer queues during peak hours. Neither broker offers support in Urdu, but English proficiency is generally sufficient.
| 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...
After comparing EasyMarkets vs FP Markets for Pakistan traders, FP Markets clearly emerges as the stronger broker overall, with a rating of 4.7/5 versus EasyMarkets' 3.4/5. FP Markets offers lower trading costs (Raw spreads from 0.0 pips), higher leverage (up to 1:500), more platform choices, and superior execution – all while supporting local payments like JazzCash, Easypaisa, USDT TRC20, and bank transfer. Islamic accounts are available at both, but FP Markets' Raw account is more cost-effective for active traders. While EasyMarkets is a good choice for beginners who prioritise fixed spreads and simplicity, FP Markets caters better to the needs of Pakistani retail traders seeking high leverage and low-cost trading. Neither broker is regulated by SECP, so always trade with caution and consider using the offshore entity for higher leverage. For most Pakistan traders, FP Markets is the recommended broker in 2025.