Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
For Norway traders looking to trade forex and CFDs in USD, choosing between EasyMarkets and FXTM requires careful consideration of local trading conditions. Both brokers accept Norwegian clients under CySEC regulation, allowing access to ESMA protections like negative balance protection and maximum leverage of 1:30 for retail traders. EasyMarkets, rated 3.4/5, appeals to beginners with its fixed spreads and guaranteed stop-loss orders. FXTM, rated 4.3/5, offers more flexibility with variable spreads, multiple account types, and a comprehensive education suite. Norway traders benefit from both brokers' support for local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals straightforward. While neither broker is directly regulated by Finanstilsynet, they comply with EU standards that are recognized in Norway. This comparison will help you decide which broker aligns better with your trading style, budget, and long-term goals in the Norwegian 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 |
When comparing trading costs, FXTM has a clear advantage for active Norway traders due to its variable spreads starting from 0.1 pips on ECN accounts for EUR/USD. EasyMarkets offers fixed spreads around 1.5 pips which can be higher during volatile times. For a typical retail trader executing 10 standard lots per month, FXTM’s lower spreads save approximately $140 monthly compared to EasyMarkets. However, EasyMarkets’ fixed spreads provide cost certainty, beneficial for traders who dislike surprises. Both brokers charge no commission on standard accounts, but FXTM’s ECN accounts incur a small commission per lot in exchange for raw spreads. Norway traders trading USD pairs should consider their trading frequency and volume to choose the most cost-effective option.
| 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 |
|---|---|---|
| Norway (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 EasyMarkets and FXTM offer the popular MetaTrader 4 (MT4) platform, which is widely used by Norwegian traders. FXTM additionally provides MT5 and its proprietary FXTM Trader app for mobile trading. EasyMarkets also offers its own web-based platform with integrated risk management tools like Deal Cancellation. For Norway traders who need advanced charting and automation, FXTM’s MT4/MT5 suite is more versatile. EasyMarkets’ proprietary platform is simpler and better for beginners. Both brokers support Norwegian language options and have mobile apps compatible with iOS and Android, ensuring trading on the go is seamless for users in Oslo, Bergen, or anywhere in Norway.
| 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 offers market execution with guaranteed stop-loss (GSLO) on certain account types, which prevents slippage but may lead to wider spreads. FXTM uses both market and instant execution models, with no requotes on ECN accounts. Execution speeds are similar at around 50-100 ms for both brokers, but FXTM’s raw spreads and better liquidity make it more suitable for scalping and high-frequency trading. Norway traders using automated strategies should prefer FXTM’s MT4/MT5 ECN environment for tighter spreads and faster fills.
| 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 FSA (St. Vincent), while FXTM holds licenses from CySEC, FCA (UK), FSCA (South Africa), and others. For Norway traders, the most relevant is the CySEC license, which subjects both brokers to ESMA regulations, including leverage caps (1:30 for major forex pairs) and negative balance protection. Neither broker is directly licensed by Finanstilsynet, the Norwegian financial regulator. However, trading with an EU-regulated broker is legal and common among Norwegian retail traders. FXTM’s additional FCA regulation provides an extra layer of investor protection, although UK-based entities are now outside the EEA. Overall, FXTM’s broader regulatory oversight gives it a slight edge in trustworthiness for Norwegian 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. |
Norwegian traders can fund their accounts at both EasyMarkets and FXTM using Bank Transfer, Skrill, Neteller, and USDT TRC20. All transactions are processed in USD. EasyMarkets requires a minimum deposit of $100, while FXTM’s standard account starts at just $10, making it more accessible. Bank transfers from Norwegian banks (DNB, Nordea) typically take 1-3 business days and may incur intermediary fees. Skrill and Neteller deposits are instant with no fees from the broker, but e-wallet withdrawal fees may apply. USDT TRC20 is a fast, low-cost option for crypto users. Withdrawals at both brokers are processed within 24 hours for e-wallets and up to 3 days for bank transfers. FXTM offers additional flexibility with local payment options like Trustly, which is popular in Scandinavian countries. Always verify account verification requirements before depositing.
| 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 Norway who need to comply with Sharia law. EasyMarkets provides swap-free accounts with no hidden fees and no time limit, meaning traders can hold positions overnight without paying or receiving interest indefinitely. FXTM offers Islamic accounts that are free for the first 30 days, after which a small administration fee (equivalent to swap) is charged on positions held for more than three nights. For long-term position holders, EasyMarkets’ offering is more favorable. Both brokers require account opening with a declaration of faith or relevant documentation. Norway’s Muslim community can choose based on their holding periods and fee preferences.
| 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 |
FXTM offers 24/5 multilingual customer support with live chat, phone, and email, including dedicated support for Norwegian clients in English. EasyMarkets also provides 24/5 support via live chat and email, but phone support is limited to business hours. Both brokers have extensive FAQ sections. For Norway traders, response times are generally fast, but FXTM’s additional phone lines and account managers for larger accounts may be more reassuring. Live chat is the most efficient channel for both brokers, with average wait times under two minutes.
| 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 most Norway retail traders, FXTM is the better choice due to its higher score, lower spreads, broader platform selection, and flexible deposit methods. The ability to start with just $10 via Bank Transfer, Skrill, Neteller, or USDT TRC20 makes it accessible for all budgets. While EasyMarkets offers unique features like guaranteed stop-loss and cost certainty, these come at the expense of higher spreads and a lower overall rating. Both brokers are regulated by CySEC and comply with ESMA rules, providing adequate protection for Norwegian clients. Finanstilsynet does not directly oversee these brokers, but trading with EU-regulated firms is standard practice. If you are a risk-averse beginner or require an Islamic account with no time limit, EasyMarkets may suit you. Otherwise, FXTM offers superior value and versatility for Norway traders in 2025.