EasyMarkets vs IC Markets: Which Broker Is Best for Armenia Traders in 2026?

When comparing trading costs, IC Markets clearly leads for Armenia traders who trade in USD. Its Raw Spread account offers spreads from 0.0 pips with a small commission per lot, while EasyMarkets charges fixed spreads starting at 1.0 pips on major pairs like EUR/USD. For a trader in Armenia executing 10 standard lots per month, IC Markets can save hundreds of dollars in spreads compared to EasyMarkets. However, EasyMarkets’ fixed spreads can be advantageous during high‑volatility periods when variable spreads at IC Markets may widen. Overall, IC Markets is more cost‑sensitive for volume traders, while EasyMarkets provides predictable costs suitable for smaller accounts.

IC Markets offers a comprehensive suite of platforms popular among Armenia traders: MetaTrader 4, MetaTrader 5, and cTrader. These platforms support advanced charting, automated trading, and a wide range of indicators. EasyMarkets provides its proprietary web trader and mobile app, which are simpler and include features like dealCancellation and negative balance protection. For Armenian traders who prefer customization and algorithmic trading, IC Markets is the stronger choice. Beginners or those who value ease of use may appreciate EasyMarkets’ intuitive interface. Both platforms are available in English, but local language support may be limited.

IC Markets is renowned for its ultra‑fast execution, thanks to its Equinix NY4 data center and ECN technology. This results in minimal slippage and low latency, crucial for scalpers and high‑frequency traders. EasyMarkets uses a no‑dealing desk (NDD) model but execution is slightly slower, with occasional requotes during volatile markets. For Armenia traders who prioritize speed and precision, IC Markets is the clear winner. EasyMarkets execution is adequate for swing traders and beginners.

Neither EasyMarkets nor IC Markets is regulated by the Central Bank of Armenia (CBA). However, both brokers hold licenses from respected international regulators: EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while IC Markets is regulated by ASIC, CySEC, and the FSA (Seychelles). For Armenia traders, this means your funds are held in segregated accounts and you have access to investor protection schemes (e.g., ICF in Cyprus). The lack of local regulation does not prevent trading, but you should verify that the broker’s license suits your risk tolerance. Both brokers comply with strict capital adequacy and reporting requirements.

Armenia traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20—methods that are widely accessible locally. Deposits are typically processed instantly for e‑wallets and crypto, while bank transfers may take 1‑3 business days. IC Markets imposes no deposit fees, and EasyMarkets also waives fees for most methods. Withdrawals are equally convenient: Skrill and Neteller transfers are usually processed within 24 hours, USDT TRC20 is fast with low network fees, and bank transfers take longer. Both brokers support withdrawals in USD, which is the base currency recommended for Armenia traders to avoid conversion costs. Minimum deposit amounts are low—IC Markets requires $200, while EasyMarkets starts at $100—making both accessible for retail traders.

Both EasyMarkets and IC Markets offer swap‑free Islamic accounts for Muslim traders in Armenia. EasyMarkets provides a straightforward Islamic account with no interest on overnight positions, though there may be a limit on the holding period. IC Markets offers Islamic accounts on all account types (Standard, Raw Spread, and cTrader) with no swap charges, but positions held for an extended period may incur a small administrative fee. For Armenia’s Muslim community, both brokers comply with Sharia principles, but IC Markets gives greater flexibility for long‑term trading. It is recommended to contact support to confirm eligibility and terms before opening an Islamic account.

EasyMarkets offers customer support via live chat, email, and phone 24/5, with English as the primary language. IC Markets provides 24/7 multilingual support through live chat, email, and phone, which is advantageous for Armenia traders who trade during different time zones. Both brokers respond quickly, but IC Markets’ round‑the‑clock availability is more reliable for resolving issues outside standard hours. Neither broker offers Armenian language support.