Which broker is better for Montenegro traders in 2026? Expert analysis across 12 categories.
Montenegro has a growing community of retail forex and CFD traders, often favoring USD-denominated accounts and modern payment methods like Skrill, Neteller, and USDT TRC20. When comparing EasyMarkets vs Plus500, two popular international brokers, Montenegrin traders face a choice between simplicity and cost efficiency. EasyMarkets (rated 3.4/5) is known for its user-friendly WebTrader platform, fixed spreads, and guaranteed stop-losses. Plus500 (rated 3.7/5) offers a powerful proprietary platform with tighter variable spreads and a vast range of CFD instruments. Both brokers accept local clients and support Bank Transfer, Skrill, Neteller, and USDT TRC20 for deposits and withdrawals. While neither is regulated by Montenegro’s local financial regulator, they hold reputable licenses from CySEC and FCA. This comparison focuses on the specific needs of Montenegrin retail traders, including spreads, deposit methods, regulatory confidence, and platform usability.
| 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 Montenegro traders, trading costs are a key factor, especially when dealing in USD. Plus500 offers variable spreads starting from 0.6 pips on EUR/USD, which drop further with higher trading volumes. EasyMarkets uses fixed spreads around 1.2 pips on major pairs, offering predictability. Over 100 standard lots per month, Plus500’s variable spreads can save up to 30% in costs compared to EasyMarkets. However, during volatile news events, Plus500’s spreads may widen significantly, while EasyMarkets remains stable. For small volume traders, EasyMarkets’ fixed spreads provide a safety net, but for active traders in Montenegro, Plus500’s lower average spreads are more economical.
| 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 |
|---|---|---|
| Montenegro (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 | ✓ | ✗ |
Both brokers cater to Montenegro’s mobile-first trader base. EasyMarkets offers its proprietary web-based platform with no download required, plus a mobile app for iOS and Android. It emphasizes simplicity with clear risk management tools. Plus500’s platform is also proprietary but more advanced, featuring a powerful web trader, desktop app, and mobile app with real-time price alerts, customizable charts, and one-click trading. For traders in Montenegro who value advanced charting and analysis tools, Plus500 is the stronger choice. EasyMarkets is better for beginners who want a clean interface without complex features.
| 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 |
Both brokers offer market execution with no requotes. EasyMarkets’ execution is reliable for fixed spread trading, with average execution speed around 100ms. Plus500 claims execution speeds under 50ms for most orders, and slippage is minimal on liquid pairs. For scalpers or high-frequency traders in Montenegro, Plus500’s faster execution and tighter spreads provide an edge. EasyMarkets’ guaranteed stop-loss feature, while not execution speed related, adds peace of mind for risk-averse traders.
| Safety Factor | EasyMarkets | Plus500 |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor Plus500 is regulated by Montenegro’s local financial regulator. However, both hold strong licenses from CySEC (Cyprus) and FCA (UK), which provide client protection measures like negative balance protection and segregated accounts. For Montenegro traders, this means a level of security, though deposit compensation schemes (e.g., ICF for CySEC) may not fully cover international clients. Plus500’s FCA regulation adds an extra layer of credibility. The local regulator does not oversee these brokers, so traders must rely on the brokers’ own compliance and complaint procedures. Overall, Plus500’s regulatory standing is slightly stronger.
| 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 |
Montenegro traders can fund their accounts via Bank Transfer, Skrill, Neteller, or USDT TRC20 at both brokers. EasyMarkets supports these methods plus credit/debit cards, while Plus500 adds PayPal. Bank transfers can take 1-3 business days and may incur intermediary fees; e-wallets are usually instant and fee-free. USDT TRC20 deposits are becoming popular in Montenegro due to low cost and speed – both brokers accept it, but Plus500 processes USDT deposits instantly, while EasyMarkets may take up to 30 minutes. Withdrawals are processed within 1-2 days for e-wallets and 3-5 days for bank transfers. EasyMarkets charges no withdrawal fees, but Plus500 may apply a small fee for wire transfers. Both require verification documents, which can be uploaded electronically.
| 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 |
For Muslim traders in Montenegro seeking Sharia-compliant accounts, both firms offer swap-free (Islamic) accounts. EasyMarkets provides a dedicated Islamic account option during registration, with no swap or interest on overnight positions across all instruments. Plus500 offers Swap Free accounts by request after account opening, and eligibility is subject to review. Both accounts function like standard accounts but without rollover fees. EasyMarkets’ Islamic account is more straightforward to obtain, while Plus500’s may require additional documentation. Neither charges extra fees for the account type, making both viable for Montenegro’s Muslim trading community.
| 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 offers customer support via live chat, email, and phone, with 24/5 availability in English. While they do not have a local Montenegrin phone number, response times are generally under 5 minutes on chat. Plus500 provides 24/7 live chat and email support, also in English, with slightly faster average response times. Neither broker offers support in Montenegrin, so English proficiency is required. Plus500’s extended hours are beneficial for traders active outside European trading sessions.
| 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 retail traders in Montenegro, the choice between EasyMarkets and Plus500 depends on trading style and priorities. Plus500 earns a higher overall score (3.7/5) thanks to its lower spreads, broader instrument selection, and faster execution. It is particularly suited for active traders who can handle variable spreads and want advanced platform features. EasyMarkets (3.4/5) remains a solid choice for beginners or those who value fixed costs, guaranteed stop-losses, and a straightforward Islamic account. Both support the payment methods most popular in Montenegro – Bank Transfer, Skrill, Neteller, and USDT TRC20 – but Plus500 edges ahead with instant USDT processing and lower minimum deposits. Given that neither is regulated by the local financial regulator, traders should practise sound risk management. For most Montenegrin traders, Plus500 offers the better overall value, but we recommend testing both with a demo account.