Which broker is better for Peru traders in 2026? Expert analysis across 12 categories.
Peru traders seeking a reliable forex broker in 2025 face a choice between EasyMarkets (score 3.4/5) and Moneta Markets (score 3.3/5). Both brokers accept Peruvian clients and support trading in PEN, but they cater to different trading styles. EasyMarkets is known for its user-friendly platform, fixed spreads, and guaranteed stop-loss orders, appealing to beginners and risk-averse traders. Moneta Markets, on the other hand, offers competitive raw spreads, ECN execution, and local payment methods like Interbank and USDT, which are popular among Peruvian traders. While neither broker is regulated by the SMV Peru, they hold licenses from top-tier regulators such as CySEC and FSCA. This comparison will help you decide which broker aligns with your local trading needs, including deposit methods, cost structure, and platform features.
| Instrument | EasyMarkets | Moneta Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Moneta Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Moneta Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Moneta Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Moneta Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $50 | EasyMarkets |
For Peru traders, trading costs are a critical factor. EasyMarkets charges fixed spreads starting from 1.0 pips on EUR/USD, with no commission. Moneta Markets offers variable spreads from 0.0 pips on its ECN account plus a $3.5 commission per lot. For a standard lot trade, EasyMarkets costs around $10 per round turn, while Moneta Markets costs about $7. High-volume traders in Peru will find Moneta more economical, while those who trade infrequently may prefer EasyMarkets' predictable costs.
| Account Type | EasyMarkets | Moneta Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $50 |
| Entity / Asset | EasyMarkets | Moneta Markets |
|---|---|---|
| Peru (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | Moneta Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Moneta Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Moneta Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its proprietary web-based platform and mobile app, designed for simplicity and speed, with features like deal cancellation and guaranteed stop-loss. Moneta Markets offers MetaTrader 4 and MetaTrader 5, which are industry standards for advanced charting, automated trading, and custom indicators. Peru traders who value automation and flexibility will prefer Moneta's MT4/5, while those new to trading may find EasyMarkets' platform easier to navigate.
| Factor | EasyMarkets | Moneta Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Moneta Markets |
| 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 fixed spreads, ensuring no requotes but potentially higher costs. Moneta Markets offers ECN execution with variable spreads and faster order processing, ideal for scalping and high-frequency trading. For Peru traders who prioritize speed and low latency, Moneta Markets is the better choice. EasyMarkets is suitable for those who prefer stability and guaranteed fills.
| Safety Factor | EasyMarkets | Moneta Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (EU), ASIC (Australia), and FSCA (South Africa). Moneta Markets is regulated by FSCA (South Africa) and ASIC (Australia). Neither broker holds a license from the SMV Peru, meaning local traders rely on international regulatory protections. EasyMarkets offers negative balance protection and investor compensation funds (up to €20,000 under CySEC), while Moneta provides similar safeguards under FSCA. Peru traders should verify that their chosen broker's regulatory framework aligns with their risk tolerance.
| Payment Method | EasyMarkets | Moneta Markets |
|---|---|---|
| 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) | Internal Processing: Generally handled within 24 hours by the finance team.Credit/Debit Cards: 1 to 5 business days to fully reflect.Bank Wire / International Transfers: 3 to 5 business days to complete. |
Peru traders can fund their accounts using local methods. Moneta Markets supports Interbank (local Peruvian bank transfer), USDT (Tether), and Bank Transfer, making deposits fast and low-cost. EasyMarkets accepts Bank Transfer and major credit/debit cards, but does not directly integrate Interbank or USDT. Withdrawals at both brokers are processed within 1-3 business days, with Moneta offering more local options. For Peruvian traders, Moneta Markets provides better convenience and lower fees for deposits and withdrawals.
| Islamic Account Feature | EasyMarkets | Moneta Markets |
|---|---|---|
| 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 Moneta Markets offer Islamic (swap-free) accounts for Muslim traders in Peru. EasyMarkets provides Islamic accounts upon request, with no swap or interest on overnight positions. Moneta Markets also offers swap-free accounts, but traders must contact support to enable this feature. It is recommended to confirm the terms, as some brokers may apply a fee for holding positions overnight beyond a certain period. Both brokers accommodate Peru's Muslim community effectively.
| Support Feature | EasyMarkets | Moneta Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers 24/5 customer support via live chat, email, and phone, with Spanish language support available. Moneta Markets provides 24/5 support in English and Spanish, with live chat and email. For Peru traders, both brokers offer adequate Spanish support, but EasyMarkets has a slight edge due to its longer operating hours. Response times are generally under 5 minutes for live chat.
| Mobile Feature | EasyMarkets | Moneta Markets | 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 | Moneta Markets | 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 Moneta Markets if you...
For Peru traders in 2025, Moneta Markets edges ahead due to its lower trading costs, support for local payment methods like Interbank and USDT, and advanced MT4/5 platforms. While EasyMarkets offers a higher overall score and better risk management tools, its lack of local deposit integration and higher spreads make it less suitable for cost-conscious Peruvian traders. If you prioritize convenience and low fees, choose Moneta Markets. If you value simplicity and guaranteed stop-loss, EasyMarkets remains a solid option. Both brokers operate legally in Peru under international regulation, so your final decision should align with your trading volume and deposit preferences.