Which broker is better for Pakistan traders in 2026? Expert analysis across 12 categories.
For retail traders in Pakistan, choosing between EasyMarkets and Libertex involves weighing local payment convenience against trading costs and product range. Both brokers are well‑established internationally, but their suitability for the Pakistani market differs. EasyMarkets (rated 3.4/5) is known for its fixed spreads and risk management tools, making it a solid choice for beginners who value predictable costs. It also directly supports local payment methods like JazzCash, Easypaisa, USDT TRC20, and bank transfers, which is a major advantage for hassle‑free deposits and withdrawals. Libertex (rated 3.7/5) scores higher overall due to its broader asset selection—over 200 CFDs on forex, cryptocurrencies, stocks, and commodities—and tighter floating spreads. However, Libertex lacks direct integrations with JazzCash and Easypaisa, relying instead on international e‑wallets and bank transfers. Both brokers offer high leverage (up to 1:500 for certain accounts) and Islamic accounts, catering to Pakistan's demand for swap‑free trading. The SECP does not regulate these brokers, but trading with them is legal for Pakistani residents. This comparison will help you decide which broker aligns better with your trading style and local needs.
| Instrument | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | Libertex |
When comparing trading costs for Pakistan traders, the main difference lies in spread structure. EasyMarkets uses fixed spreads: for example, EUR/USD pairs often start around 1.5 pips, which protects you from slippage during volatile market hours—helpful if you trade during overlapping sessions. Libertex uses variable spreads that can be as low as 0.1 pips on major pairs like EUR/USD, but may widen to 1.5–2 pips during high volatility. For high‑volume traders in Pakistan, Libertex's lower average floating spreads can lead to significant savings. However, Libertex may charge commissions on some assets (e.g., 0.02% per side on stock CFDs), while EasyMarkets includes most costs in the spread. Always check the specific instrument you intend to trade to calculate true cost per lot.
| Account Type | EasyMarkets | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | Libertex |
|---|---|---|
| Pakistan (offshore) | Up to 1:2000 | Up to 1:999 |
| Forex major pairs | 1:2000 | 1:999 |
| 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 | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets offers its proprietary web‑based platform and a mobile app designed for simplicity, with built‑in risk management features like “dealCancellation” and guaranteed stop‑loss. It’s user‑friendly but lacks advanced charting tools. Libertex provides its own trading platform plus access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely preferred by Pakistani traders for technical analysis, custom indicators, and automated trading. If you rely on complex strategies or Expert Advisors, Libertex’s MT4/MT5 support gives it a clear edge. Both platforms work on mobile and desktop, but Libertex’s compatibility with MT4/MT5 caters to more experienced traders.
| Factor | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| 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 market execution with no requotes and offers guaranteed stop‑loss orders on some accounts, which is valuable for high‑leverage trading. Execution speeds average 50–100 ms. Libertex also uses market execution with typical speeds of 30–70 ms, slightly faster due to their multiple liquidity providers. Slippage is rare at both brokers during normal conditions. For high‑frequency traders in Pakistan, Libertex’s lower latency may be a slight advantage, but both provide reliable execution.
| Safety Factor | EasyMarkets | Libertex |
|---|---|---|
| Primary regulator | CySEC | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor Libertex is directly regulated by the Securities and Exchange Commission of Pakistan (SECP). This is common for international forex brokers serving Pakistan. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Services Authority (FSA) of Seychelles. Libertex holds a CySEC license and is also registered with the Financial Services Commission (FSC) of the British Virgin Islands. For Pakistan traders, these offshore licenses mean that while your deposits are not protected by SECP, the brokers must comply with EU or international client fund segregation rules. Always verify the specific entity you are signing up with to ensure proper oversight.
| Payment Method | EasyMarkets | Libertex |
|---|---|---|
| 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) | 5 business days |
EasyMarkets stands out for Pakistan traders by supporting local payment methods: JazzCash, Easypaisa, USDT TRC20, and direct bank transfers. Deposits via JazzCash or Easypaisa are usually processed within minutes, and withdrawals via these methods are also available (some fees may apply). USDT TRC20 deposits are free and fast, while bank transfers can take 1–3 business days. Libertex does not offer direct integrations with JazzCash or Easypaisa. Instead, Pakistan traders can fund their Libertex accounts using credit/debit cards (Visa, Mastercard), bank wire transfers, or e‑wallets like Skrill and Neteller. Bank transfers from Pakistan can be slower and more expensive due to foreign exchange fees. Both brokers accept USDT TRC20, but Libertex’s process is less streamlined. For quick, low‑cost deposits, EasyMarkets is the better choice for Pakistan.
| Islamic Account Feature | EasyMarkets | Libertex |
|---|---|---|
| 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 Libertex offer Islamic (swap‑free) accounts for Muslim traders in Pakistan, aligning with Sharia law that prohibits interest (riba) on overnight positions. EasyMarkets allows you to request an Islamic account during registration or later via support; the account remains swap‑free without any extra fees. Libertex also provides Islamic accounts, but you need to contact customer support to activate it. The account is free of overnight swap charges for forex and metal CFDs, though some crypto CFDs may still incur a fee. Pakistan traders looking for a straightforward swap‑free option will find both brokers compliant, but EasyMarkets offers quicker activation.
| Support Feature | EasyMarkets | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets provides 24/5 live chat, email, and phone support in English. While it lacks local phone numbers for Pakistan, the response time is typically under 30 seconds for chat. Libertex offers similar 24/5 English support via live chat, email, and a callback service. Neither broker has a local office in Pakistan or Urdu support. However, both respond promptly to queries. For time‑sensitive issues, EasyMarkets’ quick chat response may be slightly more reliable.
| Mobile Feature | EasyMarkets | Libertex | 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 | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Libertex if you...
For Pakistan traders in 2025, the choice between EasyMarkets and Libertex depends on your payment preferences and trading style. EasyMarkets wins on local convenience: direct support for JazzCash, Easypaisa, USDT TRC20, and bank transfers makes deposits and withdrawals seamless. Its fixed spreads and Islamic account setup are beginner‑friendly. Libertex offers superior trading conditions with tighter spreads, MT4/MT5 integration, and a larger product portfolio—but it lacks direct local payment methods. If you have an international payment option (Skrill, Neteller, or USDT), Libertex provides a higher overall rating (3.7 vs 3.4) and more flexibility. Neither broker is regulated by SECP, so due diligence on their CySEC or FSC licenses is recommended. Choose EasyMarkets for ease of funding; choose Libertex for better trading features.