EasyMarkets vs IC Markets for Colombia Traders 2026

For Colombian traders, trading costs are a decisive factor. IC Markets offers raw spreads from 0.0 pips on its Raw Spread account with a commission of $7 per lot, while EasyMarkets uses fixed spreads averaging 1.2 pips on EUR/USD with no commission. On a standard lot of EUR/USD, the total cost is $12 for IC Markets (commission + spread) versus $12 for EasyMarkets (spread only) – but IC Markets becomes cheaper on higher volumes as spreads stay tighter during news events. Colombian traders often trade smaller sizes, so the no-commission model of EasyMarkets may seem attractive, yet IC Markets’ variable spreads can drop below 0.5 pips in liquid hours. Considering COP conversion costs, IC Markets provides better long-term savings for frequent traders.

Both brokers offer MetaTrader 4 and MetaTrader 5, but IC Markets also provides cTrader, which is popular among advanced Colombian traders for its depth of market and advanced charting. EasyMarkets offers its own web-based platform with a clean interface and dealCancellation tool, useful for beginners. IC Markets’ platforms support EA trading and algorithmic strategies, while EasyMarkets is more suited for manual trading. Colombian traders who rely on mobile trading will find both have robust apps, but IC Markets’ cTrader mobile app gives faster execution. The choice depends on whether you need advanced tools or simplicity.

IC Markets is known for its ultra-fast execution speeds, averaging less than 40ms, supported by Equinix data centers in New York and London. EasyMarkets offers good execution but with an average of 100ms, which can lead to slippage during volatile news events. For Colombian traders trading major pairs during overlap of London and New York sessions (coinciding with Colombian business hours), IC Markets’ execution quality gives a competitive edge. No-dealing-desk execution at IC Markets ensures transparency, while EasyMarkets uses a hybrid model that can re-quote on volatile markets.

Colombian traders must understand that neither EasyMarkets nor IC Markets is regulated by AMV Colombia. EasyMarkets is regulated by CySEC and FCA, while IC Markets holds licenses from ASIC, CySEC, and FSA (Seychelles). For Colombians, this means deposits are not protected by local investor compensation schemes. However, IC Markets’ higher regulatory tier (ASIC) is considered more stringent and offers negative balance protection, which is a safety net for retail traders. EasyMarkets also provides negative balance protection but with less regulatory oversight. Colombian traders should verify that their chosen broker is not on AMV’s warning list and consider using a broker with a solid international reputation.

Colombian traders can fund their accounts at both brokers using PSE (local bank transfer), international Bank Transfer, and USDT (cryptocurrency). EasyMarkets supports PSE via third-party payment processors, but the minimum deposit is $25 (approx. 100,000 COP). IC Markets also accepts PSE with a $200 minimum (approx. 800,000 COP). USDT deposits are fast and low-cost, with processing within minutes. Bank Transfer may take 1-3 business days and incur intermediary fees. Withdrawals at both brokers are processed within 24 hours to PSE or USDT, but EasyMarkets charges a small fee for bank wire withdrawals. IC Markets offers free weekly withdrawals via PSE. Colombian traders should check current exchange rates as conversion to base currency can add costs. Overall, IC Markets offers more flexibility and lower fees for Colombian payment methods.

For Colombian Muslim traders who require Sharia-compliant accounts, both EasyMarkets and IC Markets offer Swap-Free accounts. EasyMarkets provides Islamic accounts on request, with no interest charges on overnight positions, but traders must confirm eligibility and may be restricted to certain instruments. IC Markets offers swap-free accounts to all clients after submitting a simple request through the client portal, with no extra fees. However, both brokers may apply a handling fee after holding positions beyond a certain period (e.g., 30 days). Colombian traders should check the specific terms for each broker to avoid unexpected charges. IC Markets is generally more transparent and easier to set up an Islamic account.

IC Markets offers 24/7 customer support via live chat, email, and phone, with agents who handle Spanish fluently. EasyMarkets also provides 24/5 support in English and Spanish, but response times can be slower during weekends. Colombian traders prefer brokers with Spanish-speaking support, and both meet this requirement. However, IC Markets’ dedicated account managers for high-volume traders can be an advantage for serious retail traders in Colombia. Overall, IC Markets provides more responsive and multilingual support.