Which broker is better for Peru traders in 2026? Expert analysis across 12 categories.
Peru’s forex market is growing, and traders in Lima or Arequipa need reliable brokers that accept PEN deposits, offer local payment methods like Interbank and USDT, and provide safe trading conditions. This comparison of EasyMarkets vs Plus500 focuses on what matters most to Peruvian retail traders in 2025. EasyMarkets, with a Trustpilot score of 3.4/5, is known for its simple platform, fixed spreads, and unique deal‑cancellation feature. Plus500, rated 3.7/5, offers a vast range of CFDs on shares, ETFs, and crypto, plus tight variable spreads. While neither broker is directly regulated by the SMV (Superintendencia del Mercado de Valores), both are regulated by top‑tier authorities (CySEC, FCA) and operate legally in Peru. Understanding spreads, deposit options, and platform usability will help you choose the right partner for your trading journey. Below we break down costs, regulation, payment methods, and more for Peruvian traders.
| 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 Peru traders, trading costs are a key factor. EasyMarkets offers fixed spreads – for example, EUR/USD at about 1.5 pips – which never widen, making costs predictable. Plus500 has variable spreads that can be as low as 0.6 pips on major pairs but may increase during high volatility. On higher‑volume trades (e.g., 1 lot per trade), Plus500’s lower spreads save more money over many trades. However, EasyMarkets charges no commissions, while Plus500 does not either on most CFDs. Both brokers have overnight swap fees, so day traders may prefer Plus500’s tighter spreads. For Peruvian traders trading moderate volumes, EasyMarkets’ fixed costs provide budgeting simplicity; for active scalpers, Plus500 is cheaper overall.
| 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 |
|---|---|---|
| Peru (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 offer proprietary web and mobile platforms, but they differ in usability for Peru traders. EasyMarkets’ platform is beginner‑friendly, with a clean interface and built‑in risk management tools (e.g., deal cancellation and free guaranteed stop loss). Plus500’s platform is also intuitive but more feature‑rich, including advanced charting and sentiment analysis. For Peruvian traders on the go, both mobile apps are stable and fast, though Plus500 offers more order types. Neither supports MetaTrader 4/5, which may disappoint advanced traders who want automated trading. Overall, beginners in Peru will appreciate EasyMarkets’ simplicity; experienced traders may prefer Plus500’s versatility.
| 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 |
Execution quality matters for Peruvian traders, especially during volatile Latin American sessions. EasyMarkets uses straight‑through processing (STP) with no dealing desk, ensuring fast execution and no re‑quotes. Plus500 also operates on an STP model, but its dynamic spreads can cause slippage during news events. Both brokers offer good execution speed, but EasyMarkets’ fixed spreads and guaranteed stop losses provide certainty. For scalpers in Peru, Plus500’s faster order execution may be slightly better. Overall, both are reliable for retail traders.
| Safety Factor | EasyMarkets | Plus500 |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
When choosing a broker, regulatory protection is crucial. EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia), while Plus500 is regulated by CySEC, FCA (UK), and also has an Australian license. Neither broker holds a local license from SMV Peru, but that is common for international brokers serving Peruvian clients. Both offer negative balance protection and client fund segregation. For Peru traders, this means your money is kept separate from the broker’s funds, and you are protected from losing more than your deposit. However, if you have a dispute, you would need to use the Cyprus or UK ombudsman – not a local Peruvian authority. Always check the broker’s latest regulatory status before depositing.
| 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 |
Depositing and withdrawing in Peru is straightforward with both brokers. EasyMarkets and Plus500 accept Interbank transfers (Código Interbancario), USDT (Tether) via ERC‑20 or TRC‑20, and standard bank transfers in PEN. EasyMarkets also supports credit/debit cards (Visa/Mastercard) and e‑wallets like Skrill and Neteller. Plus500 primarily uses credit/debit cards and bank wires, but USDT deposits are available through a dedicated onboarding flow. Minimum deposits: EasyMarkets starts at $100 (approx. S/370), Plus500 at $100 as well. Withdrawals are usually processed within 1‑2 business days for Interbank and 24 hours for USDT. Both brokers do not charge fees for deposits, but bank transfers may incur intermediary fees. For Peru traders, Interbank and USDT are the fastest and most cost‑effective methods.
| 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 Peru who require Sharia‑compliant accounts, both EasyMarkets and Plus500 offer swap‑free (Islamic) accounts. EasyMarkets provides a dedicated Islamic account that waives swap/rollover fees on all instruments, with no time limit. Plus500 also offers Islamic accounts but applies a flat administrative fee for positions held overnight – this fee is not interest but still counts as a cost. Peruvian Muslim traders who hold positions long‑term should compare these terms. EasyMarkets is more straightforward for long‑term holding, while Plus500 may be better for short‑term trading where overnight fees are minimal. Always request the Islamic account upon registration and confirm the conditions with support.
| 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 |
Customer support is available in English and Spanish for both brokers, which is essential for Peruvian traders. EasyMarkets offers 24/5 live chat, phone, and email support with responsive Spanish agents. Plus500 provides 24/7 live chat and email, with Spanish support during business hours. EasyMarkets’ support is slightly more personal, with a dedicated account manager for higher tiers. For quick queries, both meet the needs of Peru traders. Response times are under 5 minutes on chat for both.
| 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 Peru traders in 2025, the choice between EasyMarkets and Plus500 depends on your trading style and priorities. EasyMarkets (score 3.4/5) is ideal for beginners and those who value cost predictability, fixed spreads, and a hassle‑free Islamic account. Its support of Interbank and USDT makes deposits easy for Peruvians. Plus500 (score 3.7/5) wins for active traders who want tighter variable spreads, a huge product range, and a platform that scales from simple to advanced. Both operate legally in Peru without SMV direct oversight, but they offer strong offshore regulation. If you are a Peruvian trader looking for simplicity and fixed costs, go with EasyMarkets; if you want lower trading costs and more instruments, Plus500 is the better fit.