Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
Chile's forex market continues to attract experienced retail traders who rely on reliable execution, transparent costs, and payment methods that work with CLP. In this 2026 comparison, we pit two well-known international brokers against each other: EasyMarkets, with a score of 3.4/5, and FxPro, with a stronger 4.1/5. While neither broker is regulated by the local Comisión para el Mercado Financiero (CMF), both operate under respected overseas licenses, which is typical for the majority of Chilean traders who choose offshore forex providers.
Chilean traders often deal with the challenge of converting CLP to USD or EUR for deposits and withdrawals, so payment versatility and clarity on conversion fees matter. EasyMarkets appeals to those who value fixed spreads and built-in risk management tools, while FxPro attracts more experienced traders with its multiple execution models, raw spread pricing, and deep liquidity. This page breaks down their trading costs, platforms, deposit options, and regulatory standing specifically from a Chile perspective.
| Instrument | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | FxPro |
For Chilean traders, the cost difference between EasyMarkets and FxPro comes down to account choice and trading volume. EasyMarkets applies fixed spreads that start around 1.0 pips on major pairs like EUR/USD, with no commission. That means a trader in Santiago calculating costs in CLP can easily estimate the total expense per trade, regardless of market volatility. However, those fixed spreads are usually wider than the raw interbank spreads available at FxPro.
FxPro offers variable spreads starting from 0.0 pips on its cTrader Raw account, plus a commission per side. At lower volumes, FxPro's variable spreads may occasionally be wider, but for experienced Chilean traders moving larger notional sizes, the combined spread-plus-commission model generally results in lower overall costs. You should also factor in the CLP to USD exchange rate when comparing these numbers, since both brokers quote accounts in major currencies.
| Account Type | EasyMarkets | FxPro |
|---|---|---|
| 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 | FxPro |
|---|---|---|
| Chile (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 | FxPro | 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+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers give Chilean traders access to the industry-standard MetaTrader 4 and MetaTrader 5 platforms, which are familiar to experienced retail traders. FxPro goes a step further by offering cTrader, a platform that provides deep liquidity, advanced charting, and raw spread trading — a big advantage for active traders who want direct market access. FxPro also has its own mobile app, FxPro Edge, for streamlined trading on the go.
EasyMarkets focuses on simplicity and risk management, offering its own web-based platform alongside MT4 and MT5. The EasyMarkets platform includes tools like dealCancellation and free guaranteed stop loss, which are valuable for Chilean traders who want to cap losses in a volatile environment. For experienced traders who prefer advanced order types and custom indicators, FxPro's cTrader is a more flexible choice, while EasyMarkets is easier for those prioritizing a simplified trading experience.
| Factor | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 a key differentiator between these two brokers. EasyMarkets operates as a dealing desk provider with fixed spreads and instant execution, which means orders are filled at the quoted price without requotes. This is reliable for Chilean traders who want certainty, but it also means the broker is the counterparty to every trade.
FxPro, in contrast, acts as a no-dealing-desk broker on its cTrader and MT platforms, passing orders directly to liquidity providers. This can result in faster fills and better pricing during high volatility, but slippage can occur on market orders. Experienced Chilean traders who trade news events or fast-moving USD/CLP cross pairs may prefer FxPro's direct market access, while those who value stable execution above all else will appreciate EasyMarkets' dealing desk model.
| Safety Factor | EasyMarkets | FxPro |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by multiple authorities including the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Seychelles Financial Services Authority (FSA). FxPro holds licenses from the UK Financial Conduct Authority (FCA), CySEC, the Financial Sector Conduct Authority (FSCA) in South Africa, and the Securities Commission of The Bahamas (SCB). Both brokers therefore offer strong international oversight, but FxPro's FCA and FSCA licenses add extra layers of complaint resolution and client fund segregation.
For Chile traders, it is important to understand that the CMF does not regulate these foreign entities, meaning you won't have direct local recourse if a dispute arises. However, both brokers are well-established and transparent about their legal entities. We recommend selecting the entity under the strongest regulator, such as the UK FCA for FxPro or CySEC/ASIC for EasyMarkets, to get the best investor protection possible when trading from Chile.
| Payment Method | EasyMarkets | FxPro |
|---|---|---|
| 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) | 1 business day |
Chilean traders can fund their EasyMarkets and FxPro accounts using Bank Transfer or Credit Card, both of which are widely used across Chile. At EasyMarkets, credit/debit card deposits are credited instantly, while bank transfers take 1-3 business days depending on the originating bank in Chile. FxPro processes card deposits immediately as well, and wire transfers may take 2-5 business days, particularly if your CLP is converted to USD or EUR before arriving at the broker.
Withdrawals at both brokers follow the standard rule of returning funds to the original deposit source. For Chile traders, this means if you used a Credit Card to deposit, the withdrawal is sent back to that card, and if you used Bank Transfer, it goes back to your local Chilean bank account. FxPro offers more base currency choices including USD, EUR, and GBP, which can help reduce conversion costs depending on your bank. EasyMarkets also supports withdrawal fees for some methods, so be sure to review each broker's transfer charges before committing.
| Islamic Account Feature | EasyMarkets | FxPro |
|---|---|---|
| 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 FxPro provide Islamic swap-free accounts for Chilean Muslim traders who observe Sharia law. EasyMarkets offers swap-free conditions on all account types, but positions held beyond a certain period may incur a small administration fee instead of interest. The broker applies this consistently so traders can calculate their costs in advance.
FxPro also offers Islamic accounts on its MT4, MT5, and cTrader platforms, with zero swap charges removed from all instruments. This is particularly useful for swing traders who hold positions overnight, as common in the emerging-market pairs often traded from Chile. To activate an Islamic account at either broker, Chilean traders simply need to contact customer support after registration, though it is always recommended to confirm the exact fee structure before starting live trading.
| Support Feature | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support quality matters for Chilean traders who may need assistance during the American session overlap. EasyMarkets provides 24/5 live chat, email, and phone support, with Spanish-language options available on its dedicated LATAM desk. FxPro also offers multilingual support including Spanish, with a comprehensive FAQ section and a 24/5 live chat that responds quickly.
For Chilean traders, the time zone difference is minimal because both brokers maintain support hours that cover the New York opening, which is the busiest time for trading. FxPro's larger global footprint means more support staff on hand, while EasyMarkets is known for its direct and personal service. If you prefer immediate human interaction via phone from Santiago, both brokers provide that, but FxPro's support resources are broader.
| Mobile Feature | EasyMarkets | FxPro | 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 | ✗ | ✗ | Tie |
| Resource | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose FxPro if you...
For experienced retail traders in Chile, FxPro is the better overall choice with its 4.1/5 score, superior platform selection, and access to raw spreads through cTrader. The ability to deposit with Bank Transfer or Credit Card works smoothly in Chile, and FxPro's FCA regulation adds a layer of trust that many local traders appreciate. However, EasyMarkets remains a solid alternative for traders who prefer fixed spreads and the peace of mind that comes from predictable costs, especially if you trade smaller sizes and want simple risk protection.
Before opening an account, remember that neither broker is supervised by the CMF Chile, so be prepared to verify their legal entities and choose the one that offers the best investor protection. If you are serious about cutting costs and have the experience to handle variable pricing, FxPro is the winner. If you value simplicity and risk control over rock-bottom spreads, EasyMarkets deserves your consideration.