EasyMarkets vs Plus500: Which is Better for Zimbabwe Traders in 2026?
Which broker is better for Zimbabwe traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Zimbabwe Traders
For Zimbabwe traders seeking reliable forex brokers, EasyMarkets and Plus500 are two prominent options catering to retail traders. Both accept Zimbabwe residents and support USD-denominated accounts, which is crucial given the local economic volatility. EasyMarkets, with a score of 3.4/5, stands out for its fixed spreads and no slippage policy, offering stability in unpredictable markets. Plus500, rated 3.7/5, provides a vast selection of CFDs including forex, indices, commodities, and crypto, with competitive variable spreads. Zimbabwe traders benefit from local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, enabling seamless deposits and withdrawals despite domestic banking constraints. The local financial regulator oversees compliance, though both brokers operate under international licenses. With Zimbabwe's dual currency system and inflation concerns, traders often look for brokers that offer hedging options and reliable execution. EasyMarkets' deal cancellation feature and guaranteed stop-loss orders appeal to risk-averse traders. Plus500's user-friendly web-based platform and comprehensive educational resources suit beginners and experienced traders alike. Both brokers provide 24/7 support and demo accounts. Understanding the nuances of spreads, leverage, and asset availability is key. This guide explores each broker's offerings specifically for the Zimbabwe market, considering local payment methods and regulatory environment.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| 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 Zimbabwe traders, trading costs directly affect profitability. Plus500 offers variable spreads starting from 0.6 pips on EUR/USD, which can drop with higher trading volumes. EasyMarkets provides fixed spreads from 1.2 pips, ensuring no widening during news events or volatile sessions. On a typical Zimbabwe trader's volume of $10,000 per month, Plus500's spreads could save $20-$30 compared to EasyMarkets. However, EasyMarkets charges no commission and includes spread protection, reducing unexpected costs. If you trade frequently during African market hours, Plus500's tighter spreads may be more economical. Consider your trading frequency and risk tolerance when evaluating costs.
Account Types Comparison
| 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 |
Leverage Comparison - Zimbabwe Traders
| Entity / Asset | EasyMarkets | Plus500 |
|---|---|---|
| Zimbabwe (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 |
Trading Instruments - Assets Available
| 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 |
Platforms Comparison
| Platform | EasyMarkets | Plus500 |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✗ |
EasyMarkets offers a proprietary web platform and mobile app with built-in risk management tools like deal cancellation and guaranteed stops, ideal for Zimbabwe traders concerned about liquidity. Plus500 uses a proprietary platform known for its simplicity and fast execution, with over 2,000 instruments. For Zimbabwe users with limited internet bandwidth, both platforms load quickly and offer demo accounts. Plus500's platform is more customizable with charts and indicators, while EasyMarkets' platform emphasizes ease of use. Neither supports MetaTrader, which may disappoint advanced traders. Overall, Plus500's platform offers more features for analysis, while EasyMarkets prioritizes straightforward trading.
Execution Quality - Speed & Slippage
| 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 uses No Dealing Desk (NDD) execution with guaranteed stop-loss and no slippage, appealing to Zimbabwe traders in volatile markets. Plus500 operates as a market maker with instant execution, often filling orders at displayed prices. EasyMarkets' fixed spreads eliminate slippage risk, while Plus500 may requote during high volatility. For Zimbabwe traders dealing with potential liquidity gaps, EasyMarkets provides more predictable execution. However, Plus500's execution speed is faster under normal conditions. Choose based on your priority: certainty vs speed.
Regulation & Safety for Zimbabwe Traders
| Safety Factor | EasyMarkets | Plus500 |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both brokers are regulated by top-tier authorities: EasyMarkets by CySEC and ASIC, Plus500 by FCA, CySEC, and ASIC. For Zimbabwe traders, these international licenses ensure a level of protection, as the local financial regulator does not directly supervise forex brokers. However, Zimbabwe's regulator may require brokers to maintain certain standards. Plus500's FCA regulation offers negative balance protection and FSCS compensation up to £85,000 for eligible clients, while EasyMarkets' CySEC license includes investor compensation up to €20,000. Traders should verify the specific entity they register with, as terms may vary. Both brokers adhere to strict capital adequacy and client segregation rules.
Deposits & Withdrawals for Zimbabwe
| 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 funds in Zimbabwe requires methods that bypass local banking hurdles. EasyMarkets and Plus500 both accept Bank Transfer, Skrill, Neteller, and USDT TRC20. USDT TRC20 is particularly advantageous as it processes within minutes and avoids traditional bank delays. For bank transfers, expect 2-5 business days with possible intermediary fees. Skrill and Neteller offer instant transfers but may charge 1-3% fees. Minimum deposits: EasyMarkets $100, Plus500 $100. Withdrawals at EasyMarkets are free for most methods; Plus500 charges a small fee for bank withdrawals. Both brokers require identity verification before processing withdrawals. For Zimbabwe traders, USDT TRC20 is recommended for speed and low cost. Ensure you fund from a verified account to avoid issues.
Islamic Accounts - Swap-Free for Zimbabwe Muslims
| 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 |
Both EasyMarkets and Plus500 offer Islamic (swap-free) accounts for Muslim traders in Zimbabwe who require compliance with Sharia law. EasyMarkets automatically provides swap-free status upon request, with no hidden fees and fixed swaps replaced by administrative charges. Plus500 offers swap-free accounts on request, applicable to most instruments but excludes certain commodity CFDs. Zimbabwe traders should note that maintaining an Islamic account may limit some features like hedging. EasyMarkets' Islamic account is more straightforward, while Plus500 requires checking specific conditions. Both brokers provide clear terms. Contact customer support to activate the Islamic account after registration.
Customer Support Comparison
| 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 24/5 live chat, email, and phone support with English-speaking representatives, available during Zimbabwe business hours. Plus500 provides 24/7 live chat and email support, with a comprehensive FAQ section. For Zimbabwe traders, time zone alignment is similar to South African standard time. Both brokers respond within minutes on live chat. Plus500's 24/7 support is advantageous for after-hours queries. EasyMarkets' phone support may be more personal. Overall, both offer adequate support for Zimbabwe clients.
Mobile App Comparison
| 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 |
Education & Research Tools
| Resource | EasyMarkets | Plus500 | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | ✗ | EasyMarkets |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
EasyMarkets
Plus500
Who Should Use Which Broker? - Zimbabwe Guide
Choose EasyMarkets if you...
- prefer fixed spreads to avoid unexpected widening during Zimbabwe's economic news events
- need guaranteed stop-loss and deal cancellation tools to manage risk in volatile markets
- want a simple platform without complex features, ideal for part-time traders
- value no slippage policy when trading during low liquidity hours in African sessions
Choose Plus500 if you...
- trade frequently and benefit from tighter variable spreads on high-volume trades
- want access to a wider range of CFDs including crypto and ETFs for diversification
- prefer an intuitive platform with advanced charting and real-time market analysis
- need 24/7 customer support for queries outside standard Zimbabwe business hours
FAQ - EasyMarkets vs Plus500 in Zimbabwe
Final Verdict - Zimbabwe 2026
For Zimbabwe traders, the choice between EasyMarkets and Plus500 depends on trading style and risk appetite. Plus500 earns a higher overall rating (3.7/5) and offers lower variable spreads, a vast instrument selection, and a user-friendly platform. It is ideal for active traders who monitor costs and need diverse markets. EasyMarkets (3.4/5) excels with fixed spreads, no slippage, and advanced risk management tools, making it suitable for cautious traders in Zimbabwe's unpredictable economy. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, crucial for smooth transactions. The local financial regulator's oversight adds a layer of security. Ultimately, if you prioritize cost and variety, choose Plus500; if stability and risk control matter more, EasyMarkets is your better option.