Which broker is better for Bangladesh traders in 2026? Expert analysis across 12 categories.
Bangladesh's forex trading community continues to expand rapidly, driven by a surge in mobile-first traders seeking low minimum deposits and convenient local payment methods. Two brokers gaining popularity among Bangladeshi traders are EasyMarkets and FXTM. EasyMarkets is rated 3.4/5, known for its fixed spreads, ultra-low minimum deposit ($25), and beginner-friendly platform. FXTM, scoring 4.3/5, offers greater flexibility with multiple account types, competitive variable spreads, and a robust suite of trading tools. Both brokers support key local payment options like bKash, Nagad, USDT TRC20, and bank transfers, making them accessible without international banking hassles. However, neither broker is regulated by the Bangladesh Securities and Exchange Commission (BSEC), so traders must rely on international oversight. This comparison dives deep into trading costs, platforms, deposit methods, Islamic accounts, and more to help you decide which broker fits your trading style in 2025.
| Instrument | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $200 | FXTM |
For traders in Bangladesh, trading costs directly impact profitability. EasyMarkets uses fixed spreads, averaging 1.2 pips on EUR/USD, which means predictable costs regardless of market volatility. This suits low-volume traders who dislike surprises. FXTM offers variable spreads starting from 0.1 pips on its ECN account (with a small commission) and around 1.0 pip on standard accounts. For high-volume Bangladeshi traders, FXTM's tighter spreads can save significant money over time. A trader executing 100 lots per month would pay roughly 30% more in spreads with EasyMarkets compared to FXTM's ECN account. Additionally, both brokers offer commission-free standard accounts, but FXTM's ECN account is commission-based (around $3 per lot). Considering the typical trading volume of Bangladeshi mobile traders, FXTM often provides lower overall costs, especially for those who trade actively.
| Account Type | EasyMarkets | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✓ |
| Min deposit | $25 | $200 |
| Entity / Asset | EasyMarkets | FXTM |
|---|---|---|
| Bangladesh (offshore) | Up to 1:2000 | Up to 1:3000 |
| Forex major pairs | 1:2000 | 1:3000 |
| 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 | FXTM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | FXTM |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Bangladesh traders are increasingly mobile-first, and both brokers deliver solid platform options. EasyMarkets provides a proprietary web-based platform that is clean, intuitive, and optimized for mobile browsers. It also offers MetaTrader 4 (MT4) for those who want advanced charting. FXTM supports MT4, MT5, and its own WebTrader, giving traders more flexibility. The FXTM mobile app is highly rated for its ease of use and real-time analytics, making it ideal for Bangladeshi traders on the go. While EasyMarkets' platform is simpler and less overwhelming for beginners, FXTM's MT5 offers more indicators, faster execution, and better backtesting tools. For a trader in Dhaka using a smartphone, both platforms are stable, but FXTM's app has a slight edge in speed and feature depth.
| Factor | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| 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 varies between the two brokers. EasyMarkets uses a market execution model with fixed spreads and moderate slippage during news events. FXTM offers ECN execution on its advanced accounts, providing faster fills and lower requotes, which is beneficial for scalpers and high-frequency traders. For Bangladeshi traders, internet latency from Dhaka may add slight delays, but both brokers have servers in multiple locations; FXTM's use of Equinix NY4 servers offers slightly better speeds. Overall, FXTM delivers more reliable execution for active traders, while EasyMarkets' execution is acceptable for position traders and beginners.
| Safety Factor | EasyMarkets | FXTM |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and FCA (UK), while FXTM is regulated by CySEC, FCA, and FSCA (South Africa). Neither broker is regulated by the Bangladesh Securities and Exchange Commission (BSEC), which does not license retail forex brokers. This means that for Bangladeshi traders, there is no local consumer protection if a dispute arises. However, both brokers adhere to strict international standards, including client fund segregation and negative balance protection under CySEC and FCA rules. FXTM's higher regulatory oversight (including FCA Tier 1) gives it an edge in trustworthiness. Traders should always check the specific entity they are opening an account with, as both brokers operate multiple entities. Overall, while neither falls under BSEC, FXTM's stronger regulatory framework offers more confidence for serious Bangladeshi traders.
| Payment Method | EasyMarkets | FXTM |
|---|---|---|
| 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 (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Depositing and withdrawing funds is a key concern for Bangladesh traders. Both EasyMarkets and FXTM accept bKash, Nagad, USDT TRC20, and direct bank transfers (BDT via local banks). EasyMarkets has a minimum deposit of $25 (approx. BDT 2,100) and processes bKash/Nagad deposits instantly with no fees. FXTM's minimum deposit can be as low as $10 (approx. BDT 840) for some payment methods, but bKash deposits may require a higher minimum (around $20). For withdrawals, both brokers process via the same methods in most cases: bKash, Nagad, USDT, or bank transfer. Withdrawal times vary: USDT and e-wallet withdrawals are usually processed within 24 hours, while bank transfers take 1-3 business days. EasyMarkets charges no withdrawal fees; FXTM may apply a small fee for certain methods. USDT TRC20 is particularly popular among Bangladeshi traders for larger deposits and quick transfers. Overall, both brokers provide excellent local payment support, but FXTM's lower minimum deposit opens the door for more budget-conscious beginners.
| Islamic Account Feature | EasyMarkets | FXTM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Muslim traders in Bangladesh require swap-free (Islamic) accounts to comply with Sharia law, which prohibits earning or paying interest (riba). Both EasyMarkets and FXTM offer Islamic accounts. EasyMarkets provides an Islamic account option that is available directly upon request, applicable to all account types, with no swap charges on overnight positions. FXTM also offers swap-free accounts for its Standard, ECN, and Cent accounts, but clients must submit a request after account opening, and the account remains swap-free as long as no abuse (like holding trades for extended periods) is detected. Neither broker charges additional fees for Islamic accounts. For Bangladeshi Muslim traders, both options are acceptable, but FXTM's flexibility with multiple Islamic account types may be more appealing, especially for ECN traders who want tighter spreads without swap concerns.
| Support Feature | EasyMarkets | FXTM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support availability is crucial for Bangladeshi traders, especially those new to forex. EasyMarkets offers 24/5 live chat, email, and phone support in English. FXTM provides the same channels, also 24/5, with faster response times reported on live chat. Neither broker offers direct Bengali language support, but FXTM's support team is known for being more responsive and knowledgeable. EasyMarkets's support can be slower during peak hours. For Bangladeshi traders, the best approach is to use live chat for quick queries, and both brokers are available via Facebook Messenger for convenience.
| Mobile Feature | EasyMarkets | FXTM | 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 | FXTM | 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 FXTM if you...
For Bangladeshi traders in 2025, FXTM emerges as the stronger choice overall thanks to its higher rating (4.3/5), lower spreads, more platform options, and flexible Islamic accounts. Its support for bKash, Nagad, and USDT TRC20 makes it just as accessible as EasyMarkets, with an even lower minimum deposit via some methods. However, EasyMarkets is not without merit: its fixed spreads and ultra-simple platform are ideal for absolute beginners who want to test the waters with minimal capital. Considering that neither broker is regulated by BSEC, FXTM's stronger international regulation (FCA, CySEC, FSCA) provides added reassurance. For the vast majority of Bangladesh traders—especially those who are mobile-first and seeking growth—FXTM offers the better value, tools, and overall trading experience. Start with a demo account on both to see which interface suits you best.