Which broker is better for Uzbekistan traders in 2026? Expert analysis across 12 categories.
Uzbekistan traders seeking reliable forex brokers often compare EasyMarkets and FXTM, two globally recognized platforms with different strengths. EasyMarkets, with a rating of 3.4/5, offers fixed spreads and a user-friendly web trader ideal for beginners. FXTM, scoring 4.3/5, provides tighter spreads, advanced platforms, and a wider range of deposit methods including USDT TRC20 — a popular choice in Uzbekistan due to cryptocurrency adoption. Both brokers accept local payments via Bank Transfer, Skrill, Neteller, and USDT TRC20, making them accessible for Uzbek traders. However, FXTM's higher score reflects its superior trading conditions, regulation under multiple authorities, and dedicated support for the region. This comparison helps 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 Uzbekistan traders, trading costs are a key factor. EasyMarkets charges fixed spreads from 1.0 pips on major forex pairs, which provides cost certainty but can be higher during volatile markets. FXTM offers variable spreads starting from 0.0 pips on its ECN account, with a commission per lot. For high-volume traders, FXTM's model is cheaper overall. On standard accounts, FXTM's spreads average 1.0-1.5 pips, similar to EasyMarkets. However, FXTM's lower swap rates and lack of hidden fees give it an edge. Consider your monthly trading volume — if you trade over 10 lots per month, FXTM's ECN account will save you significantly.
| 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 |
|---|---|---|
| Uzbekistan (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 offers its proprietary web trader and mobile app, known for simplicity and built-in risk management tools like deal cancellation and negative balance protection. This is ideal for Uzbek beginners or those who prefer a straightforward interface. FXTM provides MetaTrader 4 and 5, widely used by experienced traders for advanced charting, automated trading, and custom indicators. FXTM also offers a mobile app with full functionality. For Uzbek traders who want to use Expert Advisors or trade on multiple devices, FXTM's MT4/5 is superior. EasyMarkets' platform is easier to learn but limited in customization.
| 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 uses a market maker model with instant execution and no requotes on its proprietary platform. However, it may have slippage during news events. FXTM offers both market execution (standard accounts) and ECN execution (ECN accounts) with very fast order processing and minimal slippage. For Uzbek traders who trade during volatile sessions, FXTM's ECN model provides better price transparency and execution speed. EasyMarkets' fixed spreads and execution model are more predictable for beginners. Overall, FXTM edges ahead for experienced traders requiring speed.
| Safety Factor | EasyMarkets | FXTM |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC, ASIC, and the FSC (BVI), providing a moderate level of protection. FXTM is regulated by the FCA (UK), CySEC, and FSCA (South Africa), among others, offering stronger oversight and investor compensation schemes. For Uzbekistan traders, neither broker is directly regulated by the local financial regulator, but they operate under international licenses. This means your funds are held in segregated accounts, and you have access to dispute resolution through the regulator's jurisdiction. FXTM's FCA regulation offers the highest protection, including up to £85,000 compensation in case of insolvency.
| 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 conveniently support Bank Transfer, Skrill, Neteller, and USDT TRC20 for Uzbekistan traders. For USDT TRC20 deposits, funds are credited within minutes and fees are minimal — a popular method due to widespread crypto use in Uzbekistan. Bank Transfers may take 1-3 business days and incur higher fees. EasyMarkets has a minimum deposit of $100, while FXTM's minimum is just $10, making FXTM more accessible. Withdrawals: EasyMarkets typically takes 1-3 days, whereas FXTM processes withdrawals within 24 hours for e-wallets and USDT. Both brokers require account verification. For larger balances, USDT TRC20 is the fastest and cheapest option. Skrill and Neteller are instant for deposits but may have withdrawal limits.
| 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 Uzbekistan traders who follow Sharia law. These accounts do not charge or pay swap interest on positions held overnight. EasyMarkets provides Islamic accounts upon request, with no additional conditions. FXTM offers Islamic accounts on standard and ECN account types, but traders must confirm eligibility based on their religious beliefs. FXTM's Islamic accounts also include commission on certain account types. For Uzbek traders, both options are viable, but FXTM's wider account selection gives more flexibility. Ensure to request the account type before trading to avoid any non-compliant interest accrual.
| 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 live chat, email, and phone support in multiple languages, but not specifically Uzbek. FXTM provides 24/5 support with live chat, email, and phone, and also offers Russian language support, which is widely understood in Uzbekistan. FXTM's multilingual team and detailed FAQ section make it more accessible for Uzbek traders. Both brokers respond within minutes via live chat. For account-specific issues, FXTM's support is generally rated higher for speed and resolution.
| 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 Uzbekistan traders, FXTM is the stronger choice overall with its higher rating, tighter spreads, advanced platforms, and robust regulation. The ability to deposit via USDT TRC20 and Skrill, along with a $10 minimum deposit, makes it highly accessible. EasyMarkets, while reliable, offers fixed spreads and a simpler platform that may appeal to beginners but lacks the cost efficiency for frequent traders. Both brokers are legally available in Uzbekistan, but FXTM's FCA regulation provides extra security. Ultimately, choose FXTM for better trading conditions and flexibility, or EasyMarkets if you value simplicity and fixed costs. Always confirm compliance with the local financial regulator's guidelines for forex trading.