Which broker is better for Thailand traders in 2026? Expert analysis across 12 categories.
Thailand’s forex market continues to grow, with experienced retail traders seeking reliable brokers that combine low costs, local payment convenience, and strong regulation. Two popular choices are EasyMarkets and FXTM. EasyMarkets has built a reputation for fixed spreads and a user-friendly platform, while FXTM (ForexTime) is known for its ECN/STP execution, deep liquidity, and multiple account types. For Thai traders, local factors matter: the ability to deposit via PromptPay, Bank Transfer, or Skrill in Thai Baht, and confidence in the broker’s oversight by reputable authorities. This comparison examines each broker’s trading costs, platforms, regulation, deposit methods, Islamic account options, customer support, execution quality, and overall suitability for experienced traders based in Thailand. With scores of 3.4/5 (EasyMarkets) and 4.3/5 (FXTM), we’ll break down what these numbers mean for your trading.
| 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 Thailand experienced traders, trading costs are critical. EasyMarkets uses a fixed spread model: EUR/USD spreads average 1.2 pips, with no commission. This suits those who want certainty. However, for high-volume trading, fixed spreads can become expensive. FXTM offers variable spreads starting from 0.1 pips on its ECN account, plus a small commission. On a standard account, spreads are floating around 1.3 pips with no commission. When trading 10+ lots per week in THB-equivalent volumes, FXTM’s variable spreads often result in lower overall costs. Thai traders should also consider swap rates – FXTM’s swap data is available in THB terms, while EasyMarkets swaps are fixed but can be higher. Overall, FXTM is more cost-efficient for active Thai scalpers and day traders.
| 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 |
|---|---|---|
| Thailand (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 provide the industry-standard MetaTrader 4 and MetaTrader 5 platforms, which are widely used by Thai traders for their charting tools and EA compatibility. EasyMarkets additionally offers its own web-based platform with risk management tools like dealCancellation and free guaranteed stop-loss, useful for cautious traders. FXTM provides both MT4 and MT5, plus a proprietary FXTM Trader app for mobile. For Thailand, where mobile trading is popular, FXTM’s app is fully localised and supports Thai language. EasyMarkets’ platform is in English only. Experienced traders will appreciate FXTM’s advanced order types and custom indicators. EasyMarkets’ simplicity may limit scalping strategies. Both platforms are stable, but FXTM’s MT5 integration offers more asset classes (indices, commodities).
| 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 as a market maker, meaning it takes the opposite side of trades. This can result in requotes during volatile news events and potential slippage. FXTM uses a STP/ECN model (on ECN accounts) connecting directly to liquidity providers, offering faster execution with no dealing desk intervention. For experienced Thai traders who scalp or trade during Asian session (when liquidity is moderate), FXTM’s execution is more consistent. EasyMarkets’ fixed spreads and guaranteed stop-loss can be beneficial during extreme volatility, but overall execution quality favors FXTM for speed and transparency.
| Safety Factor | EasyMarkets | FXTM |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor FXTM is regulated by the Securities and Exchange Commission (SEC) of Thailand. EasyMarkets is regulated by the Financial Services Commission (FSC) of Mauritius (license C118023001). FXTM holds multiple licenses: FCA in the UK (777911), CySEC in Cyprus (185/12), and FSCA in South Africa. For Thai traders, this means funds are protected under the respective compensation schemes—FXTM’s UK clients enjoy FSCS protection up to £85,000, while EasyMarkets offers limited compensation. SEC Thailand does not directly oversee foreign brokers, but Thai traders should choose brokers with strong tier-1 regulatory oversight. FXTM’s FCA regulation provides stronger client fund protection and segregated accounts, giving Thai traders greater peace of mind.
| 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. |
Thailand traders can fund their accounts using three key local methods: PromptPay, Bank Transfer, and Skrill. EasyMarkets supports PromptPay transfers directly in THB with no deposit fees and fast processing (same day). Bank transfers in THB are also accepted, though they may take 1-3 business days. Skrill deposits are instant with a 1% fee. Withdrawals via PromptPay are free and processed within 24 hours. FXTM also offers PromptPay for Thai clients, but it is available only on the standard and USD account types. Bank transfers are processed in THB with no fees from FXTM, but intermediary banks may charge. Skrill is supported for both deposit and withdrawal with competitive fees. Minimum deposit: $25 at EasyMarkets, $10 at FXTM. For experienced traders moving larger sums, FXTM’s lower minimum and faster PromptPay processing give it an edge.
| 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 |
Thailand has a significant Muslim population, and swap-free accounts are essential for Sharia-compliant trading. Both brokers offer Islamic accounts. EasyMarkets automatically provides swap-free status upon request for all account types, with no time limit or additional fees. FXTM offers Islamic accounts on its Standard and ECN accounts; no swaps are charged, but holding positions overnight may incur an administrative fee for some instruments. Thai Muslim traders should review FXTM’s terms carefully. EasyMarkets’ policy is simpler and fully compliant. Both brokers provide dedicated support for Islamic account holders in Thailand. Overall, EasyMarkets edges ahead for straightforward Sharia compliance, while FXTM offers more account types with swap-free conditions.
| 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 in Thai language is available from both brokers. EasyMarkets offers live chat, email, and phone support in Thai during Bangkok business hours. FXTM provides 24/5 multilingual support including Thai via live chat and phone, with response times under 30 seconds. FXTM also has a dedicated Thai account manager for VIP traders. EasyMarkets’ support is helpful but limited to standard hours. For experienced Thai traders who trade during off-hours or need immediate assistance, FXTM’s round-the-clock support is more reliable.
| 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 Thailand experienced retail traders, FXTM emerges as the stronger choice overall (score 4.3/5 vs EasyMarkets 3.4/5). It offers tighter spreads, faster execution via ECN, better regulation, and local payment methods like PromptPay and Bank Transfer in THB. The availability of a Thai-language platform and 24/5 support also aligns with local needs. EasyMarkets remains a solid option for beginners or traders who prioritize fixed costs and risk management features like guaranteed stop-loss. However, for active, experienced Thai traders who demand low costs, high speed, and reliable execution, FXTM’s advantages are clear. Both brokers accept Skrill and support Islamic accounts, but FXTM’s overall package, including FCA regulation and scalable account types, makes it the recommended broker for Thailand in 2025.