Which broker is better for Czech Republic traders in 2026? Expert analysis across 12 categories.
Czech Republic retail traders comparing EasyMarkets vs FXTM face a clear choice: EasyMarkets, rated 3.4/5, offers a straightforward fixed‑spread environment ideal for beginners, while FXTM, rated 4.3/5, provides a comprehensive trading experience with tight variable spreads, advanced platforms, and extensive educational content. Both brokers accept clients from Czech Republic and support local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. However, differences in regulation (FXTM holds licences from FCA, CySEC, and FSCA; EasyMarkets is regulated by CySEC and ASIC) matter for Czech traders who rely on EU investor protection schemes. In this comparison, we break down costs, platforms, regulatory safeguards, and local payment options to help you decide which broker fits your trading style in the Czech market.
| 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 Czech traders, trading costs can significantly impact profitability. EasyMarkets applies fixed spreads – for example, 1.0 pips on EUR/USD – which remain stable regardless of market volatility. FXTM offers variable spreads starting from 0.0 pips on its Zero Account (plus a small commission) and from 1.0 pips on its Standard Account. Given the higher overall rating of FXTM, many Czech retail traders benefit from lower variable spreads when trading larger volumes. However, if you prefer predictable costs, EasyMarkets’ fixed spreads provide clarity. Remember that swap rates, inactivity fees, and deposit charges also affect net trading costs; always check the latest fee schedules for your trading volume.
| 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 |
|---|---|---|
| Czech Republic (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 | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry standards loved by Czech traders for their reliability and automated trading capabilities. FXTM also provides its proprietary FXTM Trader app for mobile trading, while EasyMarkets focuses on its own web‑based EasyTrade platform that simplifies risk management with tools like dealCancellation. Czech traders who prioritise advanced charting, expert advisors, and algorithmic trading will favour FXTM’s MT5 integration. For those who want a beginner‑friendly interface with fixed spreads, EasyMarkets’ web platform is a solid choice, though it lacks the depth of customisation that many experienced retail traders seek.
| 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 directly affects trading outcomes. EasyMarkets uses a market execution model with no requotes on most instruments, but its fixed spreads can lead to slippage during volatile news events. FXTM employs a No Dealing Desk (NDD) execution, offering low latency and faster trade fills, especially on its Zero Account. For day‑trading and scalping strategies common among Czech retail traders, FXTM’s execution speed and transparency give it an edge. EasyMarkets’ execution is reliable for swing traders who hold positions longer and value spread stability over speed.
| Safety Factor | EasyMarkets | FXTM |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while FXTM is authorised by the FCA (UK), CySEC, and FSCA (South Africa). For Czech Republic traders, the key is whether the broker offers negative balance protection and access to the EU’s Investor Compensation Fund (ICF). Both brokers provide negative balance protection and segregated client funds. However, FXTM’s FCA regulation offers additional oversight, which many Czech retail traders view as a stronger safeguard. Although neither broker is directly supervised by the Czech National Bank, they comply with EU MiFID II rules, ensuring basic client protection. Always double‑check the broker’s specific entity for Czech clients.
| 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. |
Czech traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both EasyMarkets and FXTM. Bank Transfers from Czech banks (e.g., Česká spořitelna, ČSOB) are processed within 1–3 business days without fees from the broker side, though your local bank may charge an outgoing fee. Skrill and Neteller deposits are instant and widely accepted – ideal for quick funding. USDT TRC20 transactions are also near‑instant and cost‑effective, making them attractive for crypto‑savvy Czech traders. Withdrawals follow the same methods, but FXTM tends to process requests faster (within 24 hours) for e‑wallets, while EasyMarkets may take 1–2 business days. Always verify the broker’s deposit and withdrawal limits in CZK equivalence.
| 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 |
Both EasyMarkets and FXTM provide Islamic (swap‑free) accounts for Muslim traders in Czech Republic who require compliance with Sharia law, which prohibits earning or paying interest (riba). FXTM offers swap‑free status on its Standard and Cent accounts, while EasyMarkets grants Islamic accounts upon request. Czech Muslim traders should note that these accounts may have different conditions – for instance, holding positions overnight for very long periods might incur an administrative fee. Contacting support before opening an Islamic account is recommended, as eligibility and maintenance policies can change.
| 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 matters for Czech retail traders. FXTM offers 24/5 multilingual support via live chat, email, and phone, with a comprehensive FAQ section. EasyMarkets also provides live chat and email support, but its operating hours are more limited (typically 24/5). Neither broker currently offers dedicated Czech language support, though English support is responsive. For Czech traders who prefer local language assistance, FXTM’s larger support team may respond faster. The quality of support can be crucial when resolving deposit or technical issues quickly.
| 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...
After comparing EasyMarkets (3.4) and FXTM (4.3), Czech retail traders should lean towards FXTM for its superior overall rating, tighter spreads, and stronger regulatory framework. FXTM’s support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, combined with its FCA regulation and advanced MT5 platform, makes it the more versatile choice for Czech traders. EasyMarkets remains a good option for those who want simplicity, fixed costs, and a risk‑managed environment. Ultimately, Czech traders should consider their trading style – FXTM for active, cost‑sensitive traders; EasyMarkets for those just starting or prioritising predictable spreads. Always verify the latest terms with each broker before opening an account.