EasyMarkets vs Plus500: Which Broker Wins for Ghana Traders in 2026?

Costs matter to Ghana traders, especially when trading smaller volumes. Plus500 offers variable spreads starting from 0.6 pips on EUR/USD and charges no commission – ideal for scalpers and active traders. EasyMarkets uses fixed spreads averaging 1.2 pips on major pairs, with no commission either. For a typical 1 lot trade, Plus500 costs ~GHS 60 per round turn, while EasyMarkets costs ~GHS 120. For high-volume Ghana traders, Plus500’s lower spreads can save hundreds of GHS monthly. However, EasyMarkets’ fixed spreads protect you from widening during news events – a trade-off to consider.

Mobile-first traders in Ghana will appreciate Plus500’s award-winning app for iOS and Android, which offers fast order execution, advanced charts, and one-tap trading. The platform is designed for on-the-go use with GHS support. EasyMarkets’ web-based platform is also mobile-optimised but lacks the same depth of charting tools. Plus500’s platform loads quickly even on 4G networks common in Ghana, while EasyMarkets may be slightly slower. For Ghana traders who trade casually via mobile, Plus500’s app is superior.

Plus500 employs No-Dealing Desk (NDD) execution with ultra-fast order processing, typically under 50ms. Slippage is rare on major pairs. EasyMarkets uses a market maker model with manual intervention possible – execution is reliable but can be slower during volatile markets. For Ghana traders who value speed and minimal requotes, Plus500’s execution is superior.

Neither EasyMarkets nor Plus500 is directly regulated by the Securities and Exchange Commission (SEC) Ghana, but both hold strong international licences: EasyMarkets is regulated by CySEC and ASIC, while Plus500 is regulated by the FCA, CySEC, and ASIC. This means Ghana traders are protected by negative balance protection and investor compensation schemes (up to €20,000 under EU rules). While SEC Ghana oversight is absent, these brokers adhere to stringent capital adequacy and client fund segregation standards. For Ghana traders, the FCA regulation of Plus500 offers the highest level of trust.

Depositing and withdrawing with MTN MoMo, Vodafone Cash, and Bank Transfer is straightforward on both brokers. At Plus500, you can deposit via mobile money instantly with a minimum of GHS 100 – no fees charged. Withdrawals to MTN MoMo are processed within 24 hours and arrive within minutes. EasyMarkets also supports mobile money deposits and bank transfers, but withdrawals may take 1-2 business days for processing. For Ghana traders who value fast access to funds, Plus500 edges ahead. Both brokers support GHS as base currency, avoiding conversion fees.

Muslim traders in Ghana can open Islamic (swap-free) accounts at both EasyMarkets and Plus500. EasyMarkets offers dedicated Islamic accounts with no swap on overnight positions and no hidden charges – simply request after registration. Plus500 provides swap-free status on request, but you must contact support to enable it. Both brokers confirm that Islamic accounts comply with Sharia principles. For Ghana traders who trade frequently and hold positions overnight, EasyMarkets’ straightforward setup is slightly more convenient.

EasyMarkets offers 24/5 live chat and email support with a localised knowledge base, but response times can be slow during peak hours. Plus500 provides 24/7 live chat and phone support in multiple languages – including English widely used in Ghana. Plus500’s support team is quicker to respond to account and technical queries. For Ghana traders needing timely help, Plus500’s round-the-clock support is a clear advantage.