EasyMarkets vs FP Markets (2026) – Which Broker Is Best for Uzbekistan Traders?

For Uzbekistan traders, trading costs are crucial because even small spread differences impact profitability when converting USD trades back to soum. FP Markets offers spreads from 0.0 pips on its Raw account (with a $3 commission per lot), while its Standard account has spreads from 1.0 pips. EasyMarkets uses fixed spreads – typical EUR/USD at 1.0–1.2 pips – with no commission. Over 100 round-turn lots per month, FP Markets Raw account saves approximately $200–300 in spreads compared to EasyMarkets. However, EasyMarkets' fixed spreads protect against widening during volatile news events, which can occur when trading USD/UZS cross-rates indirectly. For volume traders, FP Markets is significantly cheaper; for low-frequency traders, EasyMarkets offers predictable costs.

FP Markets provides the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus the cTrader platform – all fully compatible with Uzbekistan traders using desktop, web, or mobile. These platforms support advanced charting, Expert Advisors (EAs) for automated trading, and multiple order types. EasyMarkets offers its proprietary web trader and mobile app, which is simpler and suitable for beginners but lacks advanced features like EAs or depth of market. For Uzbekistan traders wanting algorithmic trading or scalping strategies, FP Markets is the clear winner. EasyMarkets' web platform is better for those who prefer a straightforward, no-download experience.

FP Markets executes trades via ECN/STP technology with direct market access, typically achieving sub-40ms execution speeds with no dealing desk intervention. This enables precise scalping and high-frequency trading favored by experienced Uzbekistan traders. EasyMarkets uses a market maker model with dealing desk, which can result in requotes during volatile periods, especially on USD pairs exposed to economic news. For day traders and scalpers in Uzbekistan, FP Markets delivers significantly better execution quality.

EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and the FSA (Seychelles). FP Markets is regulated by ASIC (Australia), CySEC (Cyprus), and the FSA (Seychelles) as well. Neither broker is licensed by Uzbekistan's local financial regulator, which does not have a specific forex broker licensing regime. For Uzbekistan traders, this means trading is done at their own discretion – there is no local investor protection scheme. However, both brokers comply with segregation of client funds and negative balance protection under their respective regulators. FP Markets being ASIC-regulated adds an extra layer of confidence, as ASIC enforces strict capital requirements. Uzbekistan traders should verify the brokers' current licenses and client fund protections before depositing.

Uzbekistan traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers. FP Markets also accepts credit/debit cards, PayPal, and POLi, while EasyMarkets accepts Visa/Mastercard and local bank transfers. Minimum deposits: EasyMarkets starts at $100; FP Markets at $100 (Standard) or $200 (Raw). USDT TRC20 deposits are processed within minutes with no reversal risk, making them popular for Uzbek traders who prefer crypto-based transfers to avoid bank delays. Withdrawals are processed within 1–2 business days for e-wallets and crypto; bank transfers may take 3–5 days. FP Markets has no withdrawal fees, while EasyMarkets charges a fee on some withdrawal methods. Always check for any applicable transfer fees from your Uzbek bank.

Both EasyMarkets and FP Markets offer swap-free Islamic accounts for Muslim traders in Uzbekistan. EasyMarkets automatically applies swap-free status upon request and does not impose a holding period limit, which is ideal for long-term traders. FP Markets also provides Islamic accounts with no overnight interest, but positions held beyond 10 days may be subject to a fee or account conversion. Uzbekistan traders observing Sharia law should review each broker's specific terms. EasyMarkets offers a more straightforward Islamic account without time restrictions, while FP Markets provides better overall trading conditions but with stricter swap-free rules. We recommend contacting both broker support teams before opening an Islamic account.

FP Markets offers 24/7 live chat, phone support, and email in multiple languages, including Russian – a significant advantage for Uzbek traders. EasyMarkets provides 24/5 live chat and email support in English, with weekend coverage only for technical issues. Neither broker has a local office in Uzbekistan, but FP Markets’ round-the-clock availability and Russian-speaking agents make it easier to resolve issues quickly. For traders in Tashkent or other cities, live chat response times are generally under 2 minutes for both brokers.