Which broker is better for Kuwait traders in 2026? Expert analysis across 12 categories.
Kuwaiti retail traders seeking to enter the forex market often compare EasyMarkets and FXTM – two globally recognized brokers with distinct offerings. EasyMarkets, founded in 2001, is known for its fixed spreads, no-requote execution, and a user-friendly proprietary platform. FXTM (ForexTime), established in 2011, boasts a higher overall rating (4.3/5) and offers ECN/STP trading with tight variable spreads and extensive market access. Both brokers accept Kuwaiti residents and support local payment methods such as bank transfers, Skrill, Neteller, and USDT TRC20. While Kuwait lacks a dedicated local financial regulator, traders can rely on the brokers’ international regulatory oversight (e.g., FCA, CySEC). This comparison focuses on trading costs, platforms, regulation, and account features tailored to the Kuwaiti market, helping you decide which broker matches your trading style and goals.
| 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 Kuwait traders, trading costs are a critical factor. EasyMarkets applies fixed spreads starting from 1.0 pips on major pairs – ideal for budget predictability. FXTM offers variable spreads from 0.1 pips on its ECN Zero accounts, plus a commission of $2 per lot. For a typical Kuwait trader executing 10 standard lots per month, FXTM’s cost structure yields lower overall costs if spreads stay tight. EasyMarkets’ fixed spreads are higher during calm markets but protect against spread widening in volatile times. Additionally, FXTM charges an inactivity fee after 6 months, while EasyMarkets does not. Consider your trade frequency and volume to choose the most cost-effective broker.
| 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 |
|---|---|---|
| Kuwait (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 | ✓ | ✓ |
Kuwait traders often require platforms that are reliable and accessible. EasyMarkets provides its proprietary web-based platform with one-click trading, deal cancellation, and negative balance protection. It also supports MT4 and MT5. FXTM offers MT4, MT5, and a WebTrader, plus advanced tools like Autochartist and Trading Central. For Kuwaiti traders who prefer mobile trading or algorithmic strategies, FXTM’s MT5 provides more flexibility. EasyMarkets’ desktop web platform is simpler but lacks advanced charting. Both platforms operate in English and Arabic, satisfying local language preferences.
| 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 |
EasyMarkets uses market execution with no requotes and fixed spreads, ensuring order fulfillment at requested prices. FXTM offers ECN/STP execution with variable spreads and fast order routing, suitable for scalping and high-frequency strategies. For Kuwait traders needing precise entry and exit, FXTM’s low-latency execution may be superior, while EasyMarkets provides stability for beginners. Both brokers offer negative balance protection.
| Safety Factor | EasyMarkets | FXTM |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (EU), ASIC (Australia), and FSA (Seychelles), while FXTM holds licenses from FCA (UK), CySEC, FSCA (South Africa), and FSA. Neither broker holds a license from a Kuwaiti regulator, as Kuwait does not have a dedicated forex regulator. However, trading with FCA- or CySEC-regulated entities offers strong investor protection (e.g., compensation schemes). For Kuwait traders, this means both brokers operate under internationally recognized oversight, but you must rely on their reputation. Always verify the regulatory status of the entity you open an account with (e.g., FXTM’s FCA entity vs. offshore).
| 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. |
Kuwaiti traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both EasyMarkets and FXTM. Bank transfers take 1-3 business days, while e-wallets and USDT TRC20 are instant. EasyMarkets requires a minimum deposit of $100, and FXTM as low as $10 for standard accounts. Withdrawals at FXTM are processed within 24 hours for e-wallets and 2-5 days for bank wires; EasyMarkets processes withdrawals within 24 hours for most methods. USDT TRC20 is especially convenient in Kuwait due to fast processing and lower fees. Both brokers do not charge deposit fees, but bank transfers may incur intermediary charges. Always check account currency (USD) and use the same withdrawal method as deposit when possible.
| 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 offer Islamic (swap-free) accounts for Muslim traders in Kuwait, complying with Sharia law. EasyMarkets automatically applies swap-free status on all account types except for certain indices and commodities – it’s available on request after account opening. FXTM provides swap-free on all account types without extra fees or restrictions, though prolonged holding periods may result in charges. For Kuwaiti traders who trade long-term positions, FXTM’s straightforward policy may be more favorable. Both brokers clearly state that swap-free accounts do not involve interest credits or debits.
| 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 |
EasyMarkets offers 24/5 live chat, email, and phone support with Arabic language assistance. FXTM provides 24/5 multilingual support including Arabic via live chat, callbacks, and email. Both have Arabic websites and local phone numbers in some regions. Kuwait traders can expect response times within minutes for live chat. FXTM’s extensive library of webinars and educational materials gives it an edge for less experienced traders.
| 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 Kuwait traders, FXTM’s higher rating (4.3 vs. 3.4) reflects its competitive spreads, diverse platform support, and strong regulatory oversight from top-tier bodies. It suits active traders who want low costs and advanced tools. EasyMarkets remains a solid choice for beginners or those who value fixed costs and simplicity. Both support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and provide Islamic accounts. Since Kuwait lacks a local financial regulator, always trade with the broker’s regulated entity and ensure compliance with your personal risk tolerance. Ultimately, FXTM offers more flexibility for growing traders, while EasyMarkets delivers a straightforward experience.