Which broker is better for Mongolia traders in 2026? Expert analysis across 12 categories.
For Mongolia traders entering the forex market in 2025, choosing between EasyMarkets and RoboForex is a key decision. Both brokers are well-established and accept clients from Mongolia, but they differ significantly in trading costs, platform features, and local payment support. EasyMarkets, with a score of 3.4/5, is known for its user-friendly fixed spreads and strong risk management tools, making it ideal for emerging retail traders who value simplicity. RoboForex, scoring 3.2/5, offers more flexibility with multiple account types and higher leverage, appealing to traders who want to scale quickly. However, for Mongolia traders dealing with the MNT currency and limited local banking infrastructure, practical factors like deposit methods (Bank Transfer, QPay, USDT) and regulatory comfort with the FRC Mongolia are crucial. This comparison breaks down each broker’s offerings specifically for Mongolia, helping you decide which aligns with your trading goals and local needs.
| Instrument | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | RoboForex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | RoboForex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | RoboForex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | RoboForex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $10 | RoboForex |
For Mongolia traders, trading costs are a major concern due to the MNT’s volatility and lower purchasing power. EasyMarkets offers fixed spreads starting from 1.0 pips on EUR/USD, which provides cost predictability—ideal for retail traders with smaller account sizes. RoboForex’s spreads vary: the Pro account starts from 0.0 pips plus a $3.5 commission per lot, while the Standard account has spreads from 1.3 pips. For a Mongolia trader executing 10 lots per month, EasyMarkets’ fixed spreads result in lower overall costs if trading volume is moderate. However, high-volume traders may benefit from RoboForex’s raw spreads. Both brokers have no hidden fees on deposits or withdrawals via Bank Transfer, QPay, or USDT, but EasyMarkets’ fixed structure is more beginner-friendly for local traders.
| Account Type | EasyMarkets | RoboForex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $10 |
| Entity / Asset | EasyMarkets | RoboForex |
|---|---|---|
| Mongolia (offshore) | Up to 1:2000 | Up to 1:2000 |
| Forex major pairs | 1:2000 | 1:2000 |
| 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 | RoboForex | 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 | ✗ | ✗ | RoboForex |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | RoboForex |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its proprietary web-based platform and mobile apps, which are intuitive and designed for simplicity—perfect for Mongolia traders who are new to forex. RoboForex offers MetaTrader 4 and MetaTrader 5, which are industry-standard platforms with advanced charting and automation. For Mongolia traders who want to use Expert Advisors (EAs) or custom indicators, RoboForex is the better choice. However, EasyMarkets’ platform includes built-in risk management features like DealCancellation and Freeze Rate, which can help local traders avoid losses in volatile markets. Both platforms are available in English, and mobile access is stable on local internet connections.
| Factor | EasyMarkets | RoboForex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | RoboForex |
| 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 a market execution model with no requotes, offering fast execution on its proprietary platform. RoboForex provides both instant and market execution, with ECN execution on Pro accounts for tighter spreads. For Mongolia traders, EasyMarkets’ execution is reliable for retail trading, while RoboForex’s ECN model may offer better fills for high-frequency traders. Both brokers have good uptime, but EasyMarkets’ fixed spreads reduce slippage risk, which is beneficial for local traders with smaller accounts.
| Safety Factor | EasyMarkets | RoboForex |
|---|---|---|
| Primary regulator | CySEC | IFSC |
| 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), offering strong investor protection. RoboForex is regulated by the International Financial Services Commission (IFSC) of Belize, which provides less oversight. For Mongolia traders, neither broker holds a license from the FRC Mongolia, but both accept Mongolian clients legally. EasyMarkets’ higher-tier regulation gives it an edge in terms of fund security and dispute resolution. However, RoboForex’s IFSC regulation allows it to offer higher leverage (up to 1:2000), which some Mongolia traders may prefer for aggressive strategies. Always check the latest regulatory status before depositing.
| Payment Method | EasyMarkets | RoboForex |
|---|---|---|
| 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 5 business days |
Both EasyMarkets and RoboForex support Bank Transfer and USDT deposits, which are accessible to Mongolia traders. EasyMarkets also integrates QPay, a widely used local payment system in Mongolia, allowing instant deposits in MNT without currency conversion fees. RoboForex supports Skrill, Neteller, and crypto, but lacks direct QPay integration, so Mongolia traders may need to use USDT or bank transfers. Minimum deposits are low: EasyMarkets starts at $100, while RoboForex starts at $10, making RoboForex more accessible for beginners with small capital. Withdrawals are processed within 1-3 business days for both, with no fees from the brokers. For convenience, EasyMarkets’ QPay support is a significant advantage for local traders.
| Islamic Account Feature | EasyMarkets | RoboForex |
|---|---|---|
| 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 RoboForex offer Islamic (swap-free) accounts for Muslim traders in Mongolia. EasyMarkets provides a true swap-free account with no interest charges on overnight positions and no expiration date, making it suitable for long-term traders. RoboForex also offers Islamic accounts, but charges an administrative fee after a holding period of 3-7 days, depending on the instrument. For Mongolia traders who follow Sharia law and hold positions for weeks, EasyMarkets’ policy is more favorable. Both brokers require a simple request to activate the account, and there are no additional costs for opening an Islamic account.
| Support Feature | EasyMarkets | RoboForex | 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 customer support via live chat, email, and phone, with English-speaking agents available. RoboForex provides 24/7 support through live chat and email, which is better for traders in different time zones. For Mongolia traders, both brokers’ support is responsive, but EasyMarkets’ fixed hours may be less convenient for those trading during Asian sessions. RoboForex’s 24/7 availability is a plus for urgent issues. Neither broker offers Mongolian language support, so traders should be comfortable with English.
| Mobile Feature | EasyMarkets | RoboForex | 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 | RoboForex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose RoboForex if you...
For Mongolia traders in 2025, EasyMarkets is the better overall choice due to its higher trust score, fixed spreads, and local payment integration via QPay and USDT. It offers a more secure trading environment with top-tier regulation and a beginner-friendly platform. RoboForex is a strong alternative for traders who need high leverage, advanced platforms, or very low minimum deposits. However, for most emerging retail traders in Mongolia, EasyMarkets’ combination of cost predictability, local deposit convenience, and robust risk management tools makes it the preferred broker. Consider your trading style and capital size before deciding, but for simplicity and local accessibility, EasyMarkets leads.