EasyMarkets vs FXTM: Saudi Arabia Broker Comparison for 2026

For Saudi Arabia traders, trading costs are a key differentiator. FXTM offers variable spreads starting from 0.1 pips on its ECN accounts, making it more cost-effective for high-volume traders who execute large positions. EasyMarkets uses fixed spreads, typically around 1.2 pips on EUR/USD, which can be higher but provide predictability for budgeting. When trading in significant volumes—common among high-net-worth Saudi clients—FXTM’s lower spreads can lead to substantial savings. Additionally, FXTM’s commission-based accounts may suit active scalpers, while EasyMarkets’ all-in pricing appeals to those who prefer no hidden costs. Always compare the total cost including swap fees (or swap-free for Islamic accounts) for your specific trading pairs.

Both brokers offer MetaTrader 4 and MetaTrader 5, which are widely used by Saudi traders for their advanced charting and automated trading capabilities. EasyMarkets also provides its proprietary web trader and mobile app, known for their intuitive interface and built-in risk management features like stop-loss guarantees and deal cancellation—valuable for newer Saudi traders. FXTM enhances its offering with the FXTM Trader app and a dedicated copy trading platform, ideal for those who want to follow experienced investors. For Saudi traders preferring Arabic language support, both platforms are available in Arabic, and FXTM offers additional local educational webinars in Arabic tailored to the GCC region.

FXTM uses a combination of ECN and STP execution, offering fast order fills with low latency, particularly on its Zero and ECN accounts. This is advantageous for Saudi traders using high-frequency strategies or scalping. EasyMarkets operates a market maker model with fixed spreads, providing instant execution but possible requotes during volatile news events. EasyMarkets also offers a unique ‘deal cancellation’ feature that allows traders to cancel a losing trade within 60 minutes for a fee—a risk management tool not found at FXTM. For execution reliability, FXTM is generally preferred by active traders, while EasyMarkets appeals to those who value control over risky trades.

Regulation is a critical consideration for Saudi Arabia traders, as the local Capital Market Authority (CMA) does not directly oversee foreign brokers. EasyMarkets is regulated by CySEC (Cyprus) and the FSCA (South Africa), while FXTM holds licenses from CySEC, FSCA, and the FCA (UK). Neither broker has a CMA license, so Saudi traders must assess the strength of these international regulators. The FCA provides top-tier investor protection, which benefits FXTM’s clients. EasyMarkets offers negative balance protection and segregated accounts. For high-net-worth Saudi traders, understanding that CMA protections do not apply is essential—always check the broker’s latest regulatory status and consider the jurisdiction’s compensation schemes.

Saudi Arabia traders can fund their accounts using Bank Transfer, STC Pay, and Credit Card at both EasyMarkets and FXTM. STC Pay is especially popular for its instant local transfers in SAR, with no fees from the broker. Credit card deposits are processed immediately via VISA or Mastercard. Bank transfers may take 1-3 business days, and both brokers accept SAR denominations that are automatically converted into USD or account base currency at competitive rates. Withdrawals are typically processed within 24 hours (FXTM) and 1-2 business days (EasyMarkets) back to the same payment method. FXTM has a lower minimum deposit ($10 for standard accounts) compared to EasyMarkets ($100), which can be advantageous for new traders. High-net-worth clients may also qualify for dedicated account managers and faster processing on both platforms.

Both EasyMarkets and FXTM provide swap-free Islamic accounts for Saudi traders who follow Sharia law. EasyMarkets offers a straightforward process: simply request an Islamic account during registration, and no swap fees are charged on any positions held overnight. The account supports all instruments without restrictions. FXTM also offers a swap-free option, but it requires a formal request after account opening and may be limited to certain account types or instruments. Additionally, FXTM may charge an administrative fee if swap-free accounts are used for long-term positions beyond a certain period. For Saudi traders prioritizing seamless Sharia compliance, EasyMarkets provides a more hassle-free solution, while FXTM suits those who want more trading features and can work within its conditions.

Customer support is available in Arabic for both brokers, which is a key benefit for Saudi traders. EasyMarkets offers 24/5 live chat, email, and phone support with Arabic-speaking agents. FXTM provides 24/5 support as well, plus a dedicated Arabic help center with detailed articles and local phone numbers for Saudi Arabia. FXTM also offers Arabic educational webinars and a community forum. For high-net-worth clients, both brokers provide priority support in Arabic, but FXTM’s local presence in the Middle East gives it a slight edge in response times and cultural understanding.