EasyMarkets vs FXTM (2026): Which Broker is Best for Bulgaria Traders?

For Bulgarian traders, trading costs are a key factor. EasyMarkets offers fixed spreads, which are easy to predict but often higher than FXTM’s variable spreads. On FXTM’s Raw Account, spreads can start as low as 0.1 pips on major forex pairs like EUR/USD, with a commission of $2 per lot. EasyMarkets’ fixed spreads on EUR/USD are around 1.2 pips with no commission. For frequent traders in Bulgaria, the savings with FXTM can be significant, especially on high-volume trades. Additionally, FXTM’s lower swap rates benefit traders holding positions overnight. Both brokers charge no deposit fees, but FXTM’s overall cost structure is more competitive for Bulgarian traders focusing on USD-denominated accounts.

Platform choice matters for Bulgarian traders. EasyMarkets provides its proprietary web-based platform, which is simple and includes dealCancellation and Freeze Rate features. FXTM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry standards, along with a mobile app. For Bulgarian traders who rely on advanced charting, automated trading, or expert advisors, FXTM’s MT4/5 are superior. EasyMarkets’ platform is easier for beginners but lacks the depth that experienced Bulgarian traders need. Both platforms are available in English and support Bulgarian lev conversion, but FXTM’s ecosystem is more versatile for retail traders.

Execution quality differs between the two brokers. EasyMarkets uses a market maker model with no requotes, but execution speed can be slower during high volatility. FXTM offers both market maker and STP/ECN execution (depending on the account), with faster order processing and minimal slippage. For Bulgarian traders who trade news events or use scalping strategies, FXTM’s execution is superior. FXTM also offers negative balance protection, which EasyMarkets does not guarantee.

Regulation is crucial for Bulgarian traders. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). FXTM is regulated by multiple bodies including the local financial regulator in Bulgaria (Financial Supervision Commission – FSC), plus CySEC, FCA (UK), and FSCA (South Africa). This means FXTM clients in Bulgaria benefit from stronger investor protection, including negative balance protection and access to dispute resolution mechanisms. EasyMarkets’ regulation is adequate but less comprehensive. For Bulgarian traders, FXTM’s direct oversight by the local regulator adds trust and security.

Bulgarian traders have several deposit and withdrawal options at both brokers, including Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets processes deposits instantly via e-wallets and crypto, while bank transfers take 1-3 business days. Withdrawals are free on most methods but may incur conversion fees for BGN. FXTM also supports these methods and adds local bank transfers in BGN, plus credit/debit cards. FXTM’s USDT TRC20 deposits are credited within minutes with no network fees, which is ideal for crypto-savvy Bulgarian traders. Withdrawal times at FXTM are similar, but the broker offers a faster verification process. Both brokers accept deposits in USD, which avoids extra conversion for Bulgarian traders who fund in USD. Overall, FXTM provides more flexibility with local BGN options and multiple e-wallets.

For Bulgarian Muslim traders who require swap-free accounts, both EasyMarkets and FXTM offer Islamic accounts. EasyMarkets provides Islamic accounts automatically upon request, with no swap charges on overnight positions and no additional fees. FXTM also offers Islamic accounts but requires a formal request and validation of religious status. FXTM’s Islamic accounts are available on selected account types and may have restrictions on instrument availability. EasyMarkets’ approach is more straightforward, making it easier for Bulgarian traders to start trading without delay. However, FXTM’s broader product range may appeal to those willing to go through the application process.

Customer support is available 24/5 from both brokers, with multilingual teams including English and Bulgarian support at FXTM. EasyMarkets offers live chat, email, and phone support but does not have a dedicated Bulgarian-speaking team. FXTM provides faster response times and a local phone number for Bulgaria. For Bulgarian traders who prefer support in their native language, FXTM has a clear advantage.