Which broker is better for Georgia traders in 2026? Expert analysis across 12 categories.
Georgian retail traders looking for a reliable CFD and forex broker often compare EasyMarkets and Plus500. Both platforms are well-known globally, but they cater to different trading styles. Plus500 leads with a 3.7/5 rating on CompareBroker, offering a user-friendly proprietary platform, zero-commission trading, and a vast range of instruments – from forex to cryptocurrencies. EasyMarkets scores 3.4/5 but stands out with fixed spreads, an exclusive deal cancellation feature, and support for USDT TRC20 deposits, a preferred payment method for many in Georgia. Local regulators like the National Bank of Georgia do not directly oversee these brokers, but traders can access them legally. For those funding with Bank Transfer, Skrill, Neteller, or USDT TRC20, both brokers are accessible. This comparison will help Georgia traders decide based on spreads, platforms, regulation, and local payment support.
| Instrument | EasyMarkets | Plus500 | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Plus500 |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Plus500 |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Plus500 |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Plus500 |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Plus500 |
For Georgia traders, trading costs directly impact profitability. Plus500 offers variable spreads starting from 0.6 pips on EUR/USD with no commission on CFDs, making it cost-effective for frequent trades. EasyMarkets uses fixed spreads averaging 0.9 pips on EUR/USD, but includes added features like guaranteed stop-loss (at a cost) and no slippage. For high-volume traders in Georgia, Plus500’s lower variable spreads can save money on major pairs, while EasyMarkets’ fixed spreads protect against gapping in volatile Lari-denominated situations. Note that both brokers charge overnight swap fees unless using an Islamic account. Overall, Plus500 has a slight edge in raw spreads, but EasyMarkets offers predictable costs.
| Account Type | EasyMarkets | Plus500 |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | Plus500 |
|---|---|---|
| Georgia (offshore) | Up to 1:2000 | Up to 1:300 |
| Forex major pairs | 1:2000 | 1:300 |
| 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 | Plus500 | 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 | ✗ | 1,700+ | Plus500 |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | Plus500 |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✗ |
Plus500’s award-winning web and mobile platform is intuitive and fast, ideal for Georgian traders who value simplicity and risk management tools like trailing stops. EasyMarkets provides its own proprietary platform plus a mobile app, but lacks MetaTrader 4/5 – a drawback for advanced traders in Georgia who prefer custom indicators and automated trading. Both platforms are available in English and Russian, which are commonly used in Georgia. For on-the-go trading, Plus500’s mobile app is often rated higher for speed and reliability. Beginner Georgian traders may prefer Plus500’s cleaner interface, while those needing third-party tools may need to look elsewhere.
| Factor | EasyMarkets | Plus500 | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Plus500 |
| 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 boasts no requotes and guaranteed stop-loss orders, ensuring execution certainty even during volatile events – valuable for Georgian traders hedging local currency risk. Plus500 uses a Straight Through Processing (STP) model with variable slippage, which can result in better fills during liquid markets but worse during news. For day traders in Georgia who value exact pricing, EasyMarkets’ fixed execution is better; for scalpers, Plus500 may offer faster order routing.
| Safety Factor | EasyMarkets | Plus500 |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). Plus500 is regulated by CySEC, the UK Financial Conduct Authority (FCA), and the Singapore Monetary Authority (MAS). Neither broker is directly supervised by the National Bank of Georgia, but Georgian traders can legally use them under international licenses. CySEC regulation offers investor protection up to €20,000 via the ICF, while Plus500’s FCA regulation provides access to the UK Financial Ombudsman Service. For Georgia traders, the key is that both brokers comply with EU-style client money segregation rules, offering a degree of safety comparable to local regulation.
| Payment Method | EasyMarkets | Plus500 |
|---|---|---|
| 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) | 1 to 3 business day |
Georgian traders have flexible funding options with both brokers. EasyMarkets accepts Bank Transfer (1-3 days), Skrill, Neteller, and USDT TRC20 (instant). USDT TRC20 is especially attractive as it avoids bank delays and offers low fees – many Georgians use crypto wallets. Withdrawals are processed within 1-2 days for e-wallets and crypto, while bank transfers take longer. Plus500 supports Bank Transfer, Skrill, and Neteller but does not accept USDT TRC20 or any cryptocurrency deposits. Withdrawals are free via Skrill/Neteller but may incur bank fees for wire transfers. For Georgia traders who prioritize speed and crypto deposits, EasyMarkets has a clear advantage.
| Islamic Account Feature | EasyMarkets | Plus500 |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Georgia has a significant Muslim population, making Islamic (swap-free) accounts relevant. Both EasyMarkets and Plus500 offer such accounts. EasyMarkets allows immediate conversion via client area, with no swap charges on any instrument. Plus500 requires a request to support and review; once approved, positions held overnight incur no interest. The conditions are similar, but EasyMarkets’ process is more straightforward. Georgian Muslim traders should check if account features like guaranteed stop-loss are compatible with Sharia requirements. Both brokers are accommodating.
| Support Feature | EasyMarkets | Plus500 | 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 and Russian. Plus500 offers 24/7 live chat and email support but phone support is limited. For Georgian traders, the availability of Russian-speaking support is crucial. EasyMarkets edges out with phone support, while Plus500’s 24/7 chat is convenient for night traders. Response times are generally fast for both, but EasyMarkets has a slight edge for direct human assistance.
| Mobile Feature | EasyMarkets | Plus500 | 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 | Plus500 | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | ✗ | EasyMarkets |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Plus500 if you...
For Georgian retail traders, the choice between EasyMarkets and Plus500 depends on deposit preferences and trading style. Plus500 earns a higher aggregate score (3.7 vs 3.4) and offers superior low-cost trading on CFDs, a robust platform, and FCA regulation. However, EasyMarkets wins with USDT TRC20 support, fixed spreads, and guaranteed execution – ideal for those who fund via crypto or want cost certainty. The National Bank of Georgia does not restrict either, but USDT TRC20 availability gives EasyMarkets a local advantage. If you prioritize low spreads and advanced mobile trading, go with Plus500. If you need crypto deposits and predictable costs, choose EasyMarkets. Both are solid choices for Georgia.