Which broker is better for Myanmar traders in 2026? Expert analysis across 12 categories.
For Myanmar traders stepping into the world of forex and CFDs, choosing the right broker is a critical decision that shapes your trading journey. This comparison between EasyMarkets and Tickmill highlights key differences tailored to Myanmar's trading environment, including local payment methods like KBZPay, Wave Money, Bank Transfer, and USDT. Both brokers are globally recognised but cater to different trading styles. EasyMarkets (score 3.4/5) offers a fixed-spread, zero-slippage model ideal for beginners who want predictability and simplicity. Tickmill (score 4/5) shines with its low-cost ECN/STP execution, ultra-tight spreads, and professional-grade tools, making it a favourite among cost-conscious and active traders in Myanmar. Whether you trade from Yangon or Mandalay, understanding how each broker fits your needs—from regulatory safeguards (neither is SECM-regulated, but both hold top-tier licenses) to deposit/withdrawal convenience—will help you trade smarter in the Myanmar market.
| 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 |
Trading costs are a major factor for Myanmar traders, especially when converting MMK and trading frequently. EasyMarkets employs fixed spreads that eliminate slippage but come at a premium—EUR/USD spreads start from 1.2 pips with no commission. Tickmill, on the other hand, offers variable spreads starting at 0.0 pips on Pro and VIP accounts with a small commission of $2–$3 per lot per side. For a Myanmar trader executing 10 lots a day, Tickmill’s lower spreads can save hundreds of thousands of Kyat monthly. EasyMarkets’ fixed costs suit lower-volume traders who prefer price certainty, while Tickmill is clearly the superior choice for scalpers and volume traders looking to minimise per-trade expenses.
| 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 |
|---|---|---|
| Myanmar (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 | ✓ | ✓ |
Both brokers provide MetaTrader 4 and MetaTrader 5, the gold standard for forex trading, but EasyMarkets also offers its proprietary web platform and mobile app with innovative tools like DealCancellation and Freeze Rate. Tickmill sticks to the classic MT4/MT5 experience with no proprietary platform, which may feel limited for beginners who want hand-holding. For Myanmar traders, mobile trading is key—both brokers have well-rated mobile apps compatible with Android and iOS. Tickmill’s platforms load faster and offer advanced charting, while EasyMarkets’ web platform is more intuitive for emerging retail traders new to technical analysis.
| 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 |
Execution speed directly affects trading results, especially for Myanmar traders who trade news or scalp. Tickmill uses a No Dealing Desk (NDD) ECN/STP model with average execution speed under 30ms, providing raw spreads and minimal requotes. EasyMarkets operates as a market maker with implemented Dealing Desk technology; they offer guaranteed stop-loss orders with no slippage, but execution can be slower and spreads are fixed. For active traders, Tickmill’s faster execution and deeper liquidity are clearly superior, while EasyMarkets’ guaranteed execution appeals to those who want to avoid slippage at any cost.
| Safety Factor | EasyMarkets | Tickmill |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and the FSA (Seychelles). Tickmill is regulated by the FCA (UK), CySEC, FSA Seychelles, and Labuan FSA (Malaysia). Neither broker holds a license from the SECM (Securities and Exchange Commission of Myanmar). This means Myanmar traders are trading with unregulated foreign entities from the SECM’s perspective. However, both brokers offer negative balance protection and client fund segregation (at least for regulated entities). Tickmill’s FCA regulation adds an extra layer of security via the UK Financial Services Compensation Scheme (FSCS) for eligible clients. Myanmar traders should weigh the lack of local regulatory oversight against the protections offered by international regulators.
| 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. |
Myanmar traders can fund and withdraw from both EasyMarkets and Tickmill using methods that suit the local financial landscape. The most convenient options are **KBZPay** and **Wave Money**, which allow instant MMK transfers via third-party processors (often with a small fee). **Bank transfers** in MMK or USD are accepted but may take 1–3 business days. **USDT (Tether)** is a popular alternative—both brokers accept cryptocurrency deposits, which are fast and bypass traditional banking delays. EasyMarkets also supports credit/debit cards, Skrill, and Neteller, while Tickmill adds unionpay and local Asian banks. Withdrawals are processed within 24 hours for e-wallets and crypto, while bank transfers may take longer. Note that deposit bonuses are rare; Myanmar traders should focus on speed and acceptance of local methods. Always check with each broker's Myanmar-specific support for the latest payment options.
| 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 Myanmar, both brokers offer swap-free (Islamic) accounts. EasyMarkets provides Islamic accounts on all account types with no swap charges, but positions held beyond 7 days may incur a small administration fee. Tickmill offers Islamic accounts on Classic, Pro, and VIP accounts with no swap charges and no hidden fees—a clear advantage. However, some instruments like indices or commodities may not be available as swap-free. Myanmar Muslim traders should verify with customer support before opening an account. Overall, Tickmill’s Islamic account terms are more favourable for longer-term holding, while EasyMarkets’ Islamic account is fine for short-term trades.
| 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 |
Customer support availability is crucial for Myanmar traders facing time zone differences. EasyMarkets offers 24/5 live chat, email, and phone support in English, with limited availability of other languages. Tickmill provides 24/5 live chat and email support, also in English. Neither broker offers a dedicated Myanmar language (Burmese) support line. However, Tickmill’s support team is known for faster response times and more technical assistance. Both brokers have extensive FAQ sections and educational materials, but EasyMarkets’ support is generally considered more helpful for beginner traders.
| 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 Myanmar traders, the choice between EasyMarkets and Tickmill boils down to your trading style and priorities. Tickmill (score 4/5) is the superior option for cost-conscious, active, or experienced traders who need tight spreads, fast execution, and low commissions. Its support for local payments like KBZPay, Wave Money, Bank Transfer, and USDT makes it fully accessible in Myanmar. EasyMarkets (score 3.4/5) is a solid choice for beginners who prefer fixed spreads, guaranteed execution, and beginner-friendly tools—even if the costs are higher. Both brokers are legal to use in Myanmar, though neither is regulated by SECM. Ultimately, Tickmill offers better value for most Myanmar traders, especially those trading in volume, while EasyMarkets is a safe haven for newcomers who value predictability over price.