Which broker is better for Pakistan traders in 2026? Expert analysis across 12 categories.
For Pakistan’s growing community of retail forex traders, selecting the right broker is crucial. EasyMarkets and FXTM are two popular international brokers that accept Pakistani clients, each with distinct strengths. EasyMarkets scores 3.4/5, offering fixed spreads, a simple platform, and direct integration with local payment methods like JazzCash and Easypaisa. FXTM scores 4.3/5 and is known for high leverage up to 1:1000, multiple account types including ECN, and strong regulatory oversight from authorities such as the FCA and CySEC. Both provide swap-free Islamic accounts, essential for Muslim traders. With the SECP not directly regulating these international firms, Pakistani traders must rely on the brokers’ own licensing. This comparison focuses on trading costs, platforms, deposit options via JazzCash, Easypaisa, USDT TRC20, and bank transfers, as well as account features, helping you decide which broker aligns with your trading style and local needs.
| 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 Pakistan traders, trading costs directly impact profitability. EasyMarkets uses fixed spreads starting from 1.2 pips on major forex pairs, with no commission, making costs predictable regardless of market volatility. FXTM offers variable spreads: as low as 0.1 pips on its ECN account plus a commission of $2 per lot per side, or 1.3 pips on the standard account with no commission. For traders who trade low volumes, EasyMarkets’ fixed spreads can be more budget-friendly. Active traders who execute many lots may find FXTM’s ECN account cheaper in the long run. On a monthly volume of 100 lots, FXTM’s total cost can be significantly lower, but for the average retail trader in Pakistan, EasyMarkets offers simplicity and cost certainty.
| 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 |
|---|---|---|
| Pakistan (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 | ✓ | ✓ |
EasyMarkets provides its proprietary web-based platform and mobile app, designed for ease of use with features like deal cancellation and risk management tools. FXTM offers MetaTrader 4 and MetaTrader 5, the industry-standard platforms with advanced charting, automated trading via Expert Advisors, and copy trading through FXTM Invest. For Pakistan traders seeking a simple, all-in-one experience, EasyMarkets’ platform is sufficient. However, traders who desire custom indicators, algorithmic strategies, or social trading will prefer FXTM’s MetaTrader suite. Both platforms are available in English and support stable internet connections common in Pakistan.
| 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 operates a no-dealing-desk (NDD) model with fixed spreads, ensuring no requotes under normal conditions. FXTM offers both market execution (for standard accounts) and straight-through processing (STP) on ECN accounts, providing faster execution and access to depth of market. For Pakistani traders who scalp or trade during high volatility, FXTM’s execution speed (as low as 25ms on ECN) is better. EasyMarkets’ execution is reliable for casual traders but may have slight slippage during news events.
| Safety Factor | EasyMarkets | FXTM |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is key for fund security. FXTM is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa), providing strong tier-1 oversight and compensation schemes like the FSCS for eligible clients. EasyMarkets is regulated by CySEC and ASIC (Australia), also reputable but without UK compensation. The SECP does not regulate these international brokers, so Pakistani traders must rely on the brokers’ own regulatory frameworks. FXTM’s multiple top-tier licenses offer an extra layer of protection and dispute resolution. For traders prioritizing regulatory strength, FXTM is the safer choice, while EasyMarkets still meets adequate standards.
| 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. |
Both brokers make it easy for Pakistan traders to fund accounts using local methods. EasyMarkets directly supports JazzCash and Easypaisa for instant deposits and withdrawals, requiring no third-party conversion. FXTM does not offer direct JazzCash or Easypaisa, but you can deposit via USDT TRC20, which is fast and low-cost, or use a standard bank transfer (usually 1-3 business days). Both brokers accept Visa/Mastercard and e-wallets like Skrill. Withdrawals from EasyMarkets via JazzCash/Easypaisa are processed quickly, often within hours. For USDT TRC20, both brokers process withdrawals within 24 hours. Pakistani traders should note that bank transfers may incur intermediary fees, so using JazzCash, Easypaisa, or USDT TRC20 is often more efficient for local deposits and withdrawals.
| 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 brokers understand the needs of Muslim traders in Pakistan and offer swap-free Islamic accounts. FXTM provides Islamic accounts on all its account types (Standard, Cent, and ECN) with no swap fees on overnight positions, though a small administration fee may apply after a certain holding period. EasyMarkets offers Islamic accounts upon request for its standard account, with no interest charges. FXTM’s wider availability across account types gives more flexibility, especially for ECN traders who can still enjoy raw spreads. Pakistani Muslim traders can confidently choose either broker for Sharia-compliant trading.
| 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 customer support via live chat, email, and phone, with English support available. FXTM provides 24/5 multilingual support including English, with a larger team and faster response times. For Pakistan traders using Urdu, both brokers primarily offer English support, but FXTM’s comprehensive FAQ and dedicated account managers for higher tiers can be more helpful. EasyMarkets’ support is adequate for basic inquiries.
| 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 the typical retail trader in Pakistan seeking a balance of high leverage, Islamic accounts, and strong regulation, FXTM is the better choice with its 4.3/5 score, multiple account options, and top-tier licenses from the FCA and CySEC. However, EasyMarkets stands out for its direct integration with JazzCash and Easypaisa, making local deposits and withdrawals seamless. If you prioritize simplicity and fixed costs, EasyMarkets serves well. For most Pakistani traders aiming to grow their trading with scalable accounts and advanced tools, FXTM offers a more comprehensive package. Both brokers accept Pakistani clients and provide swap-free accounts, but FXTM’s higher leverage and regulatory strength give it the edge for ambitious traders.