EasyMarkets vs IC Markets for Peru Traders (2026): Which Broker Wins?

For Peru traders, cost is critical – especially when trading pairs like USD/PEN or major forex. EasyMarkets charges fixed spreads averaging 1.0–2.0 pips on major pairs, with no commission. IC Markets, on its Raw Spread account, offers spreads from 0.0 pips with a $3.50 per lot commission, which is far cheaper for active traders. A Peru trader turning over $100,000 monthly could save hundreds of dollars per year with IC Markets. EasyMarkets’ high spreads hurt scalping and day trading. Always compare the total cost (spread + commission) based on your trading volume.

EasyMarkets provides its proprietary web-based platform and mobile app, plus MetaTrader 4 and WebTrader. It’s simple and ideal for beginners in Peru who want one-click trading and risk management tools. IC Markets offers MetaTrader 4, MetaTrader 5, cTrader, and a web terminal – giving Peru traders advanced charting, algorithmic trading, and ECN execution. For Peruvian traders using VPS or EA strategies, IC Markets is the better choice due to its low latency and high customizability.

IC Markets uses pure ECN execution with no dealing desk, offering average execution speeds under 40ms and minimal slippage. EasyMarkets operates a dealing desk with re-quotes during volatile markets. For Peru traders who day trade or scalp major pairs, IC Markets’ execution is superior. EasyMarkets is acceptable for slower strategies or those who prefer guaranteed stop-losses (a unique feature).

EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and FSA (Seychelles). IC Markets is regulated by ASIC, CySEC, and the FSA. Neither is directly regulated by SMV Peru, but that is common for international brokers serving Peru. For Peruvian traders, the key is that both brokers follow strict client fund segregation rules and participate in compensation schemes (e.g., ICF in Cyprus). IC Markets’ higher regulatory tier (ASIC) gives added confidence. Always verify the entity you open an account with, as each broker offers offshore entities with fewer protections.

Peru traders can fund accounts using Interbank, USDT, or bank transfer at both brokers. Interbank transfers are usually free and processed within hours. USDT deposits via TRC-20 or ERC-20 are instant and low-cost, ideal for crypto-savvy Peruvians. Bank transfers can take 1–3 business days. EasyMarkets and IC Markets both accept deposits in PEN and convert to USD at market rates. Withdrawals are free at IC Markets (if using bank transfer or USDT), while EasyMarkets charges a small fee for bank wires. Minimum deposit at IC Markets is $200 (or equivalent), and at EasyMarkets it’s $100. Both offer same-day withdrawal processing for crypto.

Muslim Peru traders can open swap-free (Islamic) accounts at both EasyMarkets and IC Markets. EasyMarkets automatically applies no swap fees on all accounts for clients who request it. IC Markets offers Islamic accounts that are swap-free on all instruments, but you must apply via email. Both brokers allow Peru traders to use the same deposit methods (Interbank, USDT, bank transfer) for Islamic accounts. Note that leveraging Islamic accounts may limit some trading strategies (e.g., holding positions over weekends) but it’s fully compliant with Sharia law.

EasyMarkets provides 24/5 live chat, email, and phone support in English and Spanish (including Peruvian Spanish). IC Markets offers 24/7 live chat, email, and call-back service with Spanish support. For Peru traders, IC Markets’ 24/7 availability is advantageous during after-hours or weekend trading. Both brokers respond quickly, but IC Markets’ multilingual support is more extensive.