EasyMarkets vs Plus500 for Armenian Traders (2026)

When trading from Armenia, cost efficiency is key. Plus500 typically offers lower spreads on major forex pairs, with EUR/USD spreads from 0.6 pips (variable), whereas EasyMarkets charges a fixed spread around 1.2 pips. For Armenian traders with average monthly volumes of $1-5 million, Plus500 can save up to 30% on spreads. However, EasyMarkets charges no commission on trades, and its fixed spreads protect traders from widening during news events – a benefit for those who cannot monitor charts constantly. Plus500’s overnight fees (swap) are generally competitive, but EasyMarkets offers swap-free accounts for Islamic traders. Overall, active traders in Armenia will likely prefer Plus500’s lower variable spreads, while beginners may value EasyMarkets’ predictable costs.

EasyMarkets provides a proprietary web-based platform and mobile apps that are intuitive and include features like Deal Cancellation (allowing traders to undo a losing trade within 60 minutes) and guaranteed stop-loss orders. Plus500’s platform is also proprietary, but it is more advanced, with real-time charts, technical indicators, and a social trading feed. For Armenian traders who value simplicity and risk management tools, EasyMarkets is ideal. For those who need advanced charting and analysis, Plus500 is better. Both platforms are available in English and Armenian-friendly interfaces, although full Armenian localization may be limited. Mobile apps for both are optimized for iOS and Android, enabling trading on the go.

EasyMarkets uses a market maker (dealing desk) model, which provides fixed spreads and guaranteed stop-loss orders but may lead to requotes during volatile markets. Plus500 uses an STP (straight-through processing) model with no dealing desk, offering variable spreads and faster execution with minimal slippage. For Armenian traders trading during European sessions, Plus500’s execution is generally faster, while EasyMarkets’ guaranteed stops are valuable for risk management.

EasyMarkets is regulated by CySEC (EU) and the Australian ASIC, providing client fund segregation and negative balance protection. Plus500 is regulated by the FCA (UK), CySEC, and ASIC, and is listed on the London Stock Exchange. For Armenian traders, neither broker falls under the direct oversight of the local financial regulator, but the international licenses ensure a high level of investor protection. Funds are held in segregated accounts, and both brokers offer negative balance protection. Plus500’s FCA regulation is considered stricter, but EasyMarkets’ long track record since 2001 adds trust. Armenian traders should verify that they meet each broker’s client eligibility criteria, as some entities may restrict certain countries.

Armenian traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers, with a few differences. EasyMarkets explicitly supports USDT TRC20 deposits for fast, low-cost crypto funding, while Plus500 does not list USDT but offers PayPal. Minimum deposits are $100 for both. Withdrawals are processed within 1-2 business days for e-wallets and longer for bank transfers. EasyMarkets charges no fees for withdrawals, while Plus500 may charge a small fee for bank transfers. Skrill and Neteller are popular among Armenian traders for instant funding. Bank transfers from Armenian banks (e.g., Ameriabank, ACBA) are accepted but may incur intermediary fees. Always verify local bank support before depositing.

Both EasyMarkets and Plus500 offer Islamic (swap-free) accounts for Armenian Muslim traders who wish to comply with Sharia law. EasyMarkets provides Islamic accounts on request for all account types, with no swap charges on overnight positions and no hidden fees. Plus500 also offers swap-free accounts automatically to clients from Muslim-majority countries, including Armenia, upon request. It is important to note that Islamic accounts may have trading restrictions, such as no weekend swaps and limited instruments. Armenian traders should contact support to activate the account and confirm the terms before trading. Both brokers require the account to be used for non-speculative purposes.

EasyMarkets offers 24/5 customer support via live chat, email, and phone, with multilingual agents including Russian-language support – beneficial for many Armenian traders. Plus500 provides 24/7 support via live chat and email, but phone support is limited. Both brokers have comprehensive FAQ sections. For Armenian traders, the availability of Russian-speaking support at EasyMarkets is an advantage, while Plus500’s 24/7 availability is helpful for international traders.