EasyMarkets vs IC Markets: Which Broker is Best for Spain Traders in 2026?

For Spain traders, the biggest cost difference is spreads. IC Markets offers a raw spread account with spreads as low as 0.0 pips on EUR/USD (plus $3.5 per lot commission), while its standard account starts from 0.6 pips. EasyMarkets uses fixed spreads, typically 1.0–2.0 pips on majors. Over 50 trades per month, a Spanish scalper trading 1 lot each time would pay roughly €50–€100 more with EasyMarkets. IC Markets also has no hidden swap charges on standard accounts, and its execution is commission-based for raw accounts, which can work out cheaper than EasyMarkets’ built-in spread markup. For high-volume traders, IC Markets is clearly the cost-effective choice.

Spain traders expect diverse platform support, and IC Markets delivers with MetaTrader 4, MetaTrader 5, and cTrader — the latter offering advanced customization and fast order execution. These platforms are available on desktop, web, and mobile with full Spanish language options. EasyMarkets offers a proprietary web-based platform tailored for simplicity, along with mobile apps, but lacks direct MT4/MT5 support. For Spanish traders who rely on automated trading (Expert Advisors) or advanced charting, IC Markets is far superior. EasyMarkets is better suited for complete beginners who want an easy, straightforward trading experience without installing software.

IC Markets is known for its high-speed execution using Equinix NY4 servers and low latency connections, making it ideal for scalpers and algorithmic traders in Spain. The broker offers no dealing desk (NDD) execution with raw spreads. EasyMarkets uses fixed spreads and a market maker model, which can result in requotes during volatile news events. For active Spanish traders prioritizing fast fills and minimal slippage, IC Markets is clearly superior. EasyMarkets may offer more predictable pricing for less experienced traders.

Neither EasyMarkets nor IC Markets is regulated by the CNMV (Comisión Nacional del Mercado de Valores) in Spain. However, both brokers hold licenses that allow them to serve EU clients under MiFID II passporting. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC), license no. 079/07, and IC Markets operates under CySEC license no. 143/11 as well as ASIC in Australia. For Spain traders, this means standard ESMA protections: negative balance protection, retail leverage capped at 30:1 for forex majors, and client funds segregation. The lack of direct CNMV oversight is common among international brokers, but both have strong regulatory track records and compensate via investor compensation schemes (ICF in Cyprus).

Depositing and withdrawing in euros is straightforward at both brokers. Spain traders can use SEPA bank transfer for free, with funds arriving within 1–2 business days. Both brokers also support Bizum — a mobile-based instant payment system popular in Spain — for deposits (and withdrawals at some brokers). EasyMarkets requires a minimum deposit of €25 via Bizum or SEPA, while IC Markets sets the bar at €200 (waivable with proof of funds). Bank transfers are available as well, with similar processing times. Card deposits (Visa/Mastercard) are also accepted but may be subject to issuer fees. Withdrawals at IC Markets are processed within 24 hours for most methods, while EasyMarkets can take 1–3 days. Notably, IC Markets does not charge withdrawal fees, while EasyMarkets may apply a small fee on bank transfers.

Spanish Muslim traders can use swap-free (Islamic) accounts at both brokers. EasyMarkets offers Islamic accounts upon request with no swap charges on overnight positions, and the account functions identically to a standard account. IC Markets also provides swap-free accounts, but traders need to request them after registration; for raw spread accounts, positions held for more than three trading days may incur a small administration fee. Both brokers comply with Sharia law by not charging or paying interest. Spanish traders should confirm terms when opening the account, as some conditions may differ between brokers.

IC Markets offers 24/7 customer support via live chat, email, and phone, with Spanish-speaking agents available during European hours. EasyMarkets provides live chat, email, and phone support from 7 AM to 8 PM CET on weekdays, with Spanish language support. Both brokers have comprehensive FAQ sections in Spanish. IC Markets’ extended hours and multiple contact channels give it a slight edge for Spanish traders who trade outside normal market hours.