EasyMarkets vs FXTM: Full Comparison for China Traders (2026)

For China traders, trading costs directly impact profitability, especially when converting CNY to USD. FXTM's ECN account offers EUR/USD spreads from 0.1 pips with a $7 commission per lot, ideal for volume traders. Standard accounts have spreads from 1.3 pips, lower than EasyMarkets' fixed 1.5 pip spread on EUR/USD. However, EasyMarkets charges no commission, making it cheaper for micro-lot traders. With China's growing interest in gold (XAU/USD), FXTM's spread of $0.35 vs EasyMarkets' $0.50 per ounce gives FXTM an edge. Both brokers have no hidden fees, but swap rates favor FXTM by about 10% on average for carry trades common among CNY investors. Over 100 trades per month, FXTM saves approximately $200-$500 in spreads and swaps.

EasyMarkets offers only its proprietary web-based platform and mobile app, which are beginner-friendly with built-in risk tools like negative balance protection and guaranteed stop-loss. However, it lacks MetaTrader support, limiting algorithmic trading and custom indicators popular among China traders. FXTM provides MT4, MT5, and WebTrader, supporting expert advisors (EAs), multiple chart types, and over 100 technical indicators. For China traders who prefer automated strategies or copy trading (FXTM's Copy Trading allows following top performers), FXTM is the clear choice. MT5 also offers better backtesting and direct market access, which suits active CNY traders. EasyMarkets' platform is more stable for casual investors, but advanced users will outgrow it quickly.

FXTM uses STP/ECN execution with an average execution speed of 0.1 seconds and no requotes on major pairs. EasyMarkets uses market maker execution with a slight dealing desk delay, leading to occasional requotes during news events. For China traders trading during Asian session, FXTM provides more consistent fills on USD/CNH and XAU/USD. EasyMarkets' guaranteed stop-loss is an advantage for risk-averse traders, but it comes with a 3-5 pip markup on execution. Overall, FXTM wins on speed and slippage control.

Both brokers are regulated by top-tier authorities: EasyMarkets by CySEC (license 079/07), the FCA (FRN 509956), and ASIC. FXTM is regulated by the FCA (FRN 600475), CySEC (113/10), and FSCA (FSP 46614). Critically, neither is regulated by the CSRC, meaning Chinese traders have no local regulatory protection. However, both maintain segregated client funds and participate in investor compensation schemes (up to €20,000 under CySEC for EasyMarkets, and separate under FSCA for FXTM). For China traders, the key difference is FXTM's longer track record with international clients and more transparent complaint resolution. EasyMarkets has received some negative reviews about withdrawal delays, but both are considered safe for offshore trading. Always verify the entity accepting your account—typically the CySEC or FSCA regulated branch for Chinese residents.

Depositing CNY into forex accounts requires navigating China's capital controls, so both brokers offer USDT (ERC20/TRC20) and international bank transfers. EasyMarkets accepts USDT with a minimum of $100 and no deposit fees, processing within minutes. Bank transfers take 2-3 business days with a fee of $25-$40 from Chinese banks. FXTM is more flexible: USDT minimum is only $10, and they also support UnionPay (though limited) and e-wallets. Withdrawals: EasyMarkets sends funds back to the original method, usually within 1-3 business days for USDT, but bank transfers can take up to 5 days. FXTM processes withdrawals within 24 hours for USDT and 2-4 days for bank transfers. Both brokers require KYC (ID and proof of address) to comply with AML rules. For China traders, USDT is the fastest and cheapest method—avoid international wire unless necessary.

Muslim traders in China seeking swap-free accounts will find both brokers accommodating. EasyMarkets offers Islamic accounts with no swap or commission from the start—you just need to provide a declaration of faith. FXTM automatically applies swap-free status to accounts opened by residents of countries with Muslim-majority populations, including China. FXTM's Islamic account maintains the same raw spreads and commission structure, but positions held overnight incur no interest. EasyMarkets' Islamic account has no additional fees, but its fixed spreads remain wider. Both brokers follow Sharia principles, and neither charges hidden fees for swap-free status. If you plan to carry positions for weeks, FXTM's lower overall costs make it more suitable for long-term holding.

EasyMarkets offers 24/5 live chat, email, and phone support in English and Chinese. FXTM provides 24/5 live chat, phone, email, and also has a dedicated Chinese client support line. Response times are similar (under 5 minutes via chat), but FXTM's multilingual team is larger and more knowledgeable about Asia-specific issues like USDT deposit delays. EasyMarkets' support is friendly but slower for technical platform queries. For Chinese traders, FXTM's support for WeChat (via QR code) is a plus.