Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Chile, choosing between EasyMarkets and Tickmill requires a careful look at costs, regulation, and local payment options. Both brokers serve Chilean clients well, offering support for the Chilean Peso (CLP) and local deposit methods like Bank Transfer and Credit Card. However, their strengths diverge: EasyMarkets is known for its fixed spreads and user-friendly platforms, while Tickmill excels in raw pricing and execution speed. With the CMF Chile overseeing local financial services but not directly regulating these international brokers, traders must rely on the brokers' home regulators—such as the FCA for EasyMarkets and the FSA for Tickmill—for protection. This guide focuses on what matters most to traders in Santiago, Valparaíso, and beyond: low costs, fast execution, and reliable withdrawals. Whether you trade forex, indices, or commodities, this comparison will help you decide which broker fits your style.
| Instrument | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Tickmill |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Tickmill |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Tickmill |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Tickmill |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Tickmill |
When comparing trading costs for Chile traders, Tickmill offers a clear advantage with its raw spread accounts, where major forex pairs like EUR/USD start from 0.0 pips plus a $3 per lot commission. EasyMarkets, in contrast, provides fixed spreads that are wider—often around 0.9 pips for EUR/USD—but with no commission. For high-volume traders in Chile, Tickmill's structure is more cost-effective, especially when trading 10+ lots per month. However, EasyMarkets' fixed spreads protect against volatility, which can be valuable during Chilean economic data releases. Also note that both brokers add a small markup on swaps, but Tickmill's swap rates are generally more competitive for holding positions overnight.
| Account Type | EasyMarkets | Tickmill |
|---|---|---|
| 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 | Tickmill |
|---|---|---|
| Chile (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| 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 | Tickmill | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | ✗ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Tickmill |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Tickmill |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
EasyMarkets provides its proprietary web platform and mobile app, which are designed for simplicity and include unique risk management tools like DealCancellation and Freeze Rate. For Chile traders who value ease of use and built-in hedging features, this is appealing. Tickmill offers MT4, MT5, and a web terminal, giving experienced traders more advanced charting tools, custom indicators, and automated trading support. Chile traders who rely on Expert Advisors (EAs) or need deep technical analysis will prefer Tickmill's platform ecosystem. Both brokers offer reliable mobile trading, but Tickmill's broader platform support is better suited for experienced retail traders.
| Factor | EasyMarkets | Tickmill | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Tickmill |
| 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 |
Tickmill is known for its excellent execution quality, with average order execution speeds below 30ms and no requotes on major pairs. This is crucial for experienced Chile traders who scalp or trade during high-volatility news events. EasyMarkets uses a market execution model with an average speed of around 100ms, which is still fast but not as competitive as Tickmill. EasyMarkets does offer fixed spreads, which can reduce slippage risk, but for pure speed and minimal latency, Tickmill is the better choice for Chile traders.
| Safety Factor | EasyMarkets | Tickmill |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK, while Tickmill is regulated by the Financial Services Authority (FSA) in Seychelles, the FCA in the UK, and the Cyprus Securities and Exchange Commission (CySEC). Neither broker is directly regulated by the CMF Chile, meaning Chilean traders do not get local investor protection. However, FCA regulation offers some of the highest standards of fund segregation and negative balance protection. Tickmill's FSA license is less stringent but still provides basic protections. For Chile traders, the lack of CMF oversight is a trade-off; choosing a broker with a strong international regulator like the FCA adds a layer of safety.
| Payment Method | EasyMarkets | Tickmill |
|---|---|---|
| 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) | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
Chile traders can deposit using Bank Transfer, Credit Card, and several other methods at both brokers. EasyMarkets supports local Chilean banks via WebPay and also accepts Skrill and Neteller, with deposits typically processed instantly and no fees for most methods. Tickmill similarly accepts Bank Transfer (including international wire), Credit Card (Visa/Mastercard), and e-wallets like Skrill, Neteller, and even cryptocurrency (Bitcoin, USDT). Withdrawals are processed quickly: EasyMarkets aims for same-day for e-wallets, while Tickmill processes within 24 hours for e-wallets and 2-5 business days for bank transfers. Both brokers charge no internal fees, but bank transfer fees may apply from the sending bank in Chile. Credit Card deposits are free and instant, making them the fastest option for starting trading.
| Islamic Account Feature | EasyMarkets | Tickmill |
|---|---|---|
| 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 Chile, both EasyMarkets and Tickmill offer swap-free (Islamic) accounts that comply with Sharia law by not charging or paying overnight interest. EasyMarkets provides Islamic accounts upon request after account verification, and they are available on all account types. Tickmill also offers swap-free accounts, particularly for clients from certain countries including Chile, and they can be activated by contacting support. Tickmill's Islamic accounts have no time limit, while EasyMarkets may apply a small admin fee after 14 days. Both brokers ensure that trading conditions like spreads and commissions remain the same, making them suitable for Islamic traders in Chile who want to avoid riba (interest).
| Support Feature | EasyMarkets | Tickmill | 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 support through live chat, email, and phone, with agents available in English and Spanish—a plus for Chilean traders who prefer Spanish communication. Tickmill also provides 24/5 live chat and email support, with Spanish-language options available, though response times can be slightly slower during peak hours. Both brokers have comprehensive FAQ sections on their websites. For Chile traders, EasyMarkets' Spanish-language phone line is a standout feature, while Tickmill's live chat is efficient for quick queries.
| Mobile Feature | EasyMarkets | Tickmill | 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 | Tickmill | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Tickmill if you...
For experienced retail traders in Chile, the choice between EasyMarkets and Tickmill depends on your trading style and priorities. Tickmill wins on cost and execution, making it the ideal broker for active traders who trade frequently and need tight spreads. Its support for Bank Transfer and Credit Card deposits aligns with local preferences, and its regulation under the FCA provides peace of mind. EasyMarkets is better suited for traders who value simplicity, fixed spreads, and unique features like DealCancellation. It also offers strong Spanish-language support, which is a plus for Chile traders. While neither broker is regulated by the CMF Chile, both have established histories and reliable operations. Considering the overall score (Tickmill 4/5 vs EasyMarkets 3.4/5), Tickmill is the recommended broker for most Chile traders.