EasyMarkets vs FXTM for United Kingdom Traders (2026)

For United Kingdom traders, spread costs are a key factor, especially when trading GBP pairs. FXTM offers variable spreads on its Standard and Raw accounts; the Raw account provides spreads from 0.0 pips with a $2 per lot commission, ideal for high-volume scalpers. EasyMarkets uses fixed spreads that average 1.2 pips on EUR/USD and slightly higher on GBP/USD (around 1.5 pips), with no commission. Over 100 trades per month in GBP/USD, FXTM’s Raw account typically saves 0.3–0.5 pips per trade compared to EasyMarkets. For smaller volumes, EasyMarkets’ fixed spread model provides certainty, but frequent traders will likely prefer FXTM’s variable spreads for lower overall costs.

United Kingdom traders prioritise platform reliability and local relevance. EasyMarkets offers its proprietary web and mobile platforms, plus MetaTrader 4 (MT4). FXTM provides MT4, MT5, and its own FXTM Trader app. Both support GBP accounts and offer charts, indicators, and automated trading. FXTM’s MT5 is particularly attractive for UK traders interested in advanced order types and depth of market. EasyMarkets’ platform includes unique features like ‘deal cancellation’ and ‘negative balance protection’ enforced by FCA rules. FXTM also integrates with TradingView for charting. Overall, FXTM offers more platform choice, while EasyMarkets focuses on simplified trading.

Execution quality matters for UK traders, especially those using fast trading strategies. FXTM operates with an STP/ECN model, offering low latency and no requotes on most accounts. Execution speeds average below 50ms. EasyMarkets uses a market maker model with fixed spreads, which can lead to occasional requotes during volatile news events. However, EasyMarkets provides guaranteed stop-loss orders, a unique feature for UK traders wanting risk protection. For scalpers and algo traders, FXTM’s direct market access is superior. For swing traders prioritising risk management, EasyMarkets’ execution model offers stability.

Both EasyMarkets and FXTM are authorised by the Financial Conduct Authority (FCA) in the United Kingdom, providing a high level of protection for UK retail and professional traders. FCA regulation ensures client money segregation, negative balance protection, and leverage caps up to 1:30 for retail clients (1:50 for professionals). EasyMarkets Ltd is registered with FCA (registration number 574202) and FXTM Europe Ltd is also FCA-authorized. For UK traders, this means both brokers must adhere to strict conduct rules, including transparent pricing and fair treatment. Neither broker offers bonuses to UK clients due to FCA rules. Regulation is a strong point for both, but FXTM’s slightly longer track record with FCA may inspire greater confidence.

United Kingdom traders can deposit and withdraw using Bank Transfer, PayPal, Skrill, and Faster Payments at both EasyMarkets and FXTM. Deposits are typically free and instant with PayPal, Skrill, and Faster Payments. Bank transfers may take 1-2 business days. EasyMarkets supports debit/credit cards (Visa, Mastercard) and has a minimum deposit of £100. FXTM’s minimum deposit is £50 (or equivalent), with additional options like Neteller and UnionPay. Withdrawals are processed within 24 hours by both brokers, and UK Faster Payments ensures same-day withdrawals for eligible methods. FXTM offers a slightly wider range of local deposit methods, while EasyMarkets keeps it simple. Always check for any withdrawal fees: both usually cover the first withdrawal per month free.

Muslim traders in the United Kingdom can access Islamic (swap-free) accounts at both EasyMarkets and FXTM. These accounts comply with Sharia law by eliminating overnight interest on open positions. EasyMarkets offers Islamic accounts upon request with no additional fees, and the accounts remain swap-free indefinitely. FXTM also provides Islamic accounts but requires a request and may charge an admin fee after a holding period (e.g., 10 days). Both brokers allow UK residents to apply, and the accounts are available on most trading platforms. For UK-based Muslim traders seeking a straightforward swap-free experience, EasyMarkets may be more appealing due to its no-fee policy.

Customer support for United Kingdom traders is available in English via live chat, email, and phone from both brokers. EasyMarkets offers 24/5 support with a UK phone number, while FXTM provides 24/5 support with a local London number and extended weekend hours for urgent queries. FXTM’s support team is generally faster to respond based on user reviews, and it offers dedicated account managers for higher-volume professional traders. EasyMarkets also has a helpful FAQ and educational section. Both brokers provide decent support, but FXTM edges ahead with quicker response times and more personalised options.