Which broker is better for Thailand traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Thailand, choosing between EasyMarkets and FP Markets is a critical decision that directly impacts trading costs, execution speed, and convenience. EasyMarkets, with a 3.4/5 rating, is a well-known broker offering fixed spreads and a beginner-friendly platform, but its higher costs and fewer local payment options make it less competitive for the Thai market. FP Markets, scoring 4.7/5, stands out with raw spreads from 0.0 pips, ultra-fast execution, and support for Thai bank transfers and Skrill—though notably missing PromptPay. Both brokers accept Thai clients and operate under respected international regulators, but they are not directly supervised by the Securities and Exchange Commission Thailand (SEC Thailand). This comparison dives deep into spreads, platforms, deposit methods (including PromptPay, Bank Transfer, and Skrill), and local regulatory considerations to help Thai traders decide which broker aligns best with their active trading style.
| 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 Thailand traders, trading costs are a major factor, especially for those executing high daily volumes. FP Markets offers raw spreads from 0.0 pips on major pairs like EUR/USD with a small commission of $3 per lot per side, making it highly competitive for scalpers and day traders. EasyMarkets, in contrast, uses fixed spreads that start at 1.2 pips on EUR/USD with no commission, but the wider spread adds up quickly for active traders. When converting costs to Thai Baht, FP Markets can save hundreds of THB per 100 lots traded compared to EasyMarkets. While EasyMarkets' fixed spreads provide predictability, FP Markets' lower variable spreads are clearly more cost-effective for experienced Thailand traders who prioritize minimizing expenses.
| 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 |
|---|---|---|
| Thailand (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, platforms that are widely used by experienced Thailand traders for advanced charting, automated trading, and fast order execution. FP Markets also provides cTrader, which offers advanced order types and a modern interface preferred by some Thai scalpers. EasyMarkets has its proprietary web trader and mobile app, which are simple but lack the depth of MT4/MT5. For Thai traders who rely on Expert Advisors or custom indicators, FP Markets' full support for MT4/MT5 and cTrader is a clear advantage. EasyMarkets' platform is more suited to beginners or those who prefer a simplified trading experience.
| 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 experienced Thailand traders, especially those scalping or trading news events. FP Markets offers ultra-fast execution with an average latency of 40-60ms, thanks to its Equinix NY4 data center and no dealing desk (NDD) model. EasyMarkets uses a market maker model with fixed spreads and occasional requotes, which can be problematic during high volatility. FP Markets' straight-through processing ensures orders are filled at the best available price, making it a clear winner for speed and reliability.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Thailand traders, as neither broker is licensed by the Securities and Exchange Commission Thailand (SEC Thailand). EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while FP Markets is regulated by ASIC, CySEC, and the FSCA (South Africa). Both brokers offer negative balance protection and client fund segregation, which provide some safety. However, Thai traders should note that local investor compensation schemes do not cover offshore brokers. FP Markets' multi-regulatory oversight and longer track record give it an edge in trustworthiness, though both brokers have solid reputations. Thailand traders should still perform their own due diligence and consider using smaller initial deposits to test broker reliability.
| 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 crucial for Thai traders, and both brokers support local bank transfers and Skrill. However, EasyMarkets stands out by offering PromptPay, the instant Thai payment system that allows real-time deposits directly from Thai bank accounts (e.g., Bangkok Bank, Kasikorn Bank) without fees. FP Markets does not support PromptPay; Thai traders must use standard bank transfers (typically 1-2 business days) or Skrill (instant). For withdrawals, both brokers process via the same method, with Skrill being the fastest option. Bank transfers may incur intermediary bank fees, so Thai traders should check with their bank. EasyMarkets' inclusion of PromptPay significantly simplifies funding for local traders, while FP Markets compensates with lower trading costs.
| 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 Muslim traders in Thailand who require Sharia-compliant accounts, both EasyMarkets and FP Markets offer Islamic (swap-free) accounts. EasyMarkets provides Islamic accounts by default upon request, with no extra fees or restrictions on holding positions overnight. FP Markets also offers Islamic accounts, but traders must contact customer support to activate the feature. On Islamic accounts, both brokers maintain the same spread and commission structures. Given FP Markets' lower raw spreads, Thai Muslim traders who trade actively will benefit more from FP Markets' swap-free offering, as the cost savings are significant over time. EasyMarkets' Islamic account is simpler to set up but comes with wider spreads.
| 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 or 24/7 for both brokers, but FP Markets offers multilingual support including English and Chinese, which are common among Thai traders. EasyMarkets supports English and a few European languages, but Thai language is not available. Both brokers provide live chat, email, and phone support. FP Markets' response times are generally faster, which matters for experienced Thai traders who need immediate assistance during volatile markets. EasyMarkets' support is adequate but less accessible for Thai speakers.
| 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 the majority of experienced retail traders in Thailand, FP Markets is the superior choice, thanks to its significantly lower spreads, faster execution, and strong regulatory oversight. Its support for Thai bank transfers and Skrill covers the basics, though the lack of PromptPay is a minor drawback. EasyMarkets retains appeal for traders who value fixed spreads and the convenience of PromptPay, but its higher costs and lower rating (3.4 vs 4.7) make it less competitive. Neither broker is regulated by SEC Thailand, so traders must accept offshore risk. Overall, FP Markets delivers better value for money, especially for active Thai traders who want to maximize profitability. For those insisting on PromptPay deposits, EasyMarkets remains a usable alternative, but FP Markets' advantages in trading conditions are hard to ignore.