Which broker is better for India traders in 2026? Expert analysis across 12 categories.
For Indian traders stepping into forex and CFD markets in 2025, choosing between EasyMarkets and FxPro can be a critical decision. Both brokers accept clients from India, support INR deposits via UPI, IMPS, NEFT, Skrill and USDT, and offer access to global markets. However, they cater to different trader profiles. EasyMarkets (score 3.4/5) is known for its simplified trading experience, fixed spreads, and unique risk management tools like DealCancellation and guaranteed stop-loss. FxPro (score 4.1/5) appeals to tech-savvy retail traders with raw spreads, deep liquidity, and multiple platform choices including MT4, MT5, cTrader, and FxPro Edge. The growing middle class in India, especially those active on smartphones and desktops, will find FxPro's execution speed and low-cost raw spread accounts attractive. But EasyMarkets' fixed spreads and beginner-friendly features can be a safer start for new traders. This comparison breaks down costs, platforms, regulation, and payment methods to help you decide based on your trading style and local needs.
| 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 India traders, trading costs directly affect profitability, especially when dealing with high volumes. FxPro offers a Raw Spread account with spreads from 0.0 pips (e.g., EUR/USD average 0.2 pips) plus a commission of $4.5 per lot round turn. This structure benefits active day traders who trade frequently. EasyMarkets uses fixed spreads – typical EUR/USD spread is 1.2 pips – with no commission. For a standard lot (100,000 units), EasyMarkets costs about $12 per trade, while FxPro Raw account costs roughly $9.50 (spread + commission). Over 100 trades per month, the difference becomes significant. Also, EasyMarkets charges an inactivity fee after 90 days (no activity), while FxPro does not. For cost-conscious Indian traders, FxPro clearly edges ahead, but EasyMarkets’ fixed spreads offer certainty, which is valuable for those who dislike variable spreads during news events.
| 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 |
|---|---|---|
| India (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 | ✓ | ✓ |
Indian traders who value power and customization will appreciate FxPro’s platform suite: MetaTrader 4, MetaTrader 5, cTrader, and the proprietary FxPro Edge web platform. cTrader is especially popular among tech-savvy retails for its advanced charting and Level II pricing. Mobile trading apps for both iOS and Android are robust. EasyMarkets offers its own web-based platform and mobile app, designed to be intuitive with features like Trading Signals, Autochartist, and one-click trading. However, it lacks MT4/MT5 support, which may disappoint traders used to EA (Expert Advisor) automated strategies. For India traders who rely on Expert Advisors or custom indicators, FxPro is the clear winner. For those who prefer a streamlined, all-in-one platform with built-in risk tools, EasyMarkets delivers a simpler 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 |
FxPro offers execution speeds of around 14ms on average with no requotes (with a Market Execution model), making it suitable for scalpers and algorithmic traders using EA. EasyMarkets uses Instant Execution with fixed spreads and guaranteed stop-loss, but this can lead to requotes during high volatility. For tech-savvy retail traders in India who rely on fast fills, FxPro is clearly superior. EasyMarkets guarantees no slippage on stop-loss orders, which may appeal to risk-averse traders. However, for most active Indian traders, FxPro’s execution quality is better.
| Safety Factor | EasyMarkets | FxPro |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both EasyMarkets and FxPro are regulated by multiple tier-1 authorities: FCA (UK), CySEC (Cyprus), and FSCA (South Africa). This provides a level of client fund protection and negative balance protection. For India traders, SEBI does not regulate international forex brokers directly, but Indian law allows residents to trade with overseas brokers as long as they adhere to LRS limits. Neither broker is registered with SEBI, but both comply with KYC norms and offer segregated accounts. FxPro’s FCA regulation offers up to £85,000 protection under the Financial Services Compensation Scheme (FSCS), which is a strong safety net. EasyMarkets also has FCA oversight but not the same compensation scheme for non-UK clients. For risk-averse Indian investors, FxPro’s regulatory edge gives more confidence in case of broker insolvency.
| 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 |
Indian traders can deposit and withdraw using UPI, IMPS, NEFT, Skrill, and USDT with both brokers. At EasyMarkets, minimum deposit is $25 (approx ₹2,100) via UPI/IMPS/NEFT with zero deposit fees. Withdrawals are processed within 1 business day back to the same method. USDT (TRC20) deposits are also accepted, adding a crypto option for those who prefer it. FxPro offers similar methods – UPI, IMPS, NEFT, Skrill, and USDT – with a minimum deposit of $50 (approx ₹4,200) via bank transfer and $100 via Skrill. USDT deposits work with TRC20/ERC20; minimum $50. Withdrawals at FxPro are typically processed within 24 hours for e-wallets and 2-5 days for bank transfers. Both brokers require KYC documents (PAN card, Aadhaar, bank statement). FxPro does not charge withdrawal fees, while EasyMarkets may charge a small fee on bank wire withdrawals. For speed and low cost, UPI is the best option for both.
| 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 |
EasyMarkets and FxPro both offer Islamic swap-free accounts for Indian Muslim traders who need to avoid interest on overnight positions. EasyMarkets provides Islamic accounts upon request, with no swap or rollover fees on any instrument. The account is verified after funding. FxPro offers swap-free accounts for all clients from India after account opening, but it may not apply to all instruments; currencies and commodities are usually covered, but some indices may incur a swap. Both brokers prohibit arbitrage with swap-free accounts. For long-term holders, EasyMarkets’ no-interest policy is simpler, but FxPro’s swap-free offering is also reliable for major pairs. Indian traders should confirm with support which instruments are included before committing funds.
| 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 |
EasyMarkets provides 24/5 live chat, email, and phone support in English and multiple languages. Their response time is good, and they offer a dedicated account manager for VIP clients. FxPro also offers 24/5 support via live chat, email, and phone, with multilingual support including Hindi. FxPro’s website has a comprehensive FAQ and knowledge base. For Indian traders, language support in Hindi is a plus. On responsiveness, both are comparable, but FxPro’s live chat is slightly faster during Asian trading hours. Overall, both provide adequate support, but FxPro’s Hindi option gives it an edge for the Indian audience.
| 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 the majority of Indian traders – especially the growing middle class and tech-savvy retail investors – FxPro is the better choice in 2025. Its higher overall score (4.1/5), lower spreads, multiple platforms (including cTrader for algorithmic traders), and robust regulation give it a clear edge. The ability to deposit via UPI, IMPS, NEFT, Skrill, and USDT with fast processing suits Indian payment habits. While EasyMarkets (3.4/5) offers simplicity and risk management features that may appeal to beginners or those who prefer fixed costs, its lack of MT4/MT5 and higher spreads make it less competitive for active traders. Under SEBI’s framework, both are permissible as overseas brokers, but FxPro’s FCA compensation scheme adds an extra layer of safety. Ultimately, FxPro wins for cost-conscious, platform-flexible Indian traders, while EasyMarkets remains a solid choice for risk-averse newcomers.