Which broker is better for China traders in 2026? Expert analysis across 12 categories.
China traders seeking offshore forex exposure often compare EasyMarkets and TMGM for their international reach and flexible deposit options like USDT and Bank Transfer (international). EasyMarkets, with a score of 3.4/5, is known for its user-friendly platform and fixed spreads, while TMGM (3.3/5) attracts active traders with tight variable spreads and high leverage. Both brokers operate outside CSRC regulation, so Chinese traders must rely on international entities—EasyMarkets is regulated by CySEC and ASIC, TMGM by ASIC and FMA. This comparison focuses on what matters most for China: deposit methods, trading costs, platform features, and regulatory safety for offshore accounts. Whether you are a beginner or a seasoned trader, understanding these differences helps you choose the right broker for your international trading journey.
| Instrument | EasyMarkets | TMGM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | TMGM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | TMGM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | TMGM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | TMGM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | TMGM |
For China traders, trading costs are a key factor. EasyMarkets offers fixed spreads starting from 1.0 pips on major pairs like EUR/USD, with no commission, making costs predictable. TMGM’s Razor account provides variable spreads from 0.0 pips plus a $7 round-turn commission per lot, which can be cheaper for high-volume traders. A China trader trading 10 lots per month on EUR/USD would pay approximately $1,000 in spreads with EasyMarkets versus $700 with TMGM (including commission). However, EasyMarkets’ fixed spreads protect against widening during news events, which is valuable in volatile Asian sessions.
| Account Type | EasyMarkets | TMGM |
|---|---|---|
| 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 | TMGM |
|---|---|---|
| China (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 | TMGM | 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+ | TMGM |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | TMGM |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers cater to China traders with popular platforms. EasyMarkets offers its proprietary web-based platform and MetaTrader 4 (MT4), with a mobile app that supports Chinese language. TMGM provides MT4 and MT5, also with Chinese interface options. For China traders, TMGM’s MT5 offers more advanced charting and faster execution, while EasyMarkets’ platform features DealCancellation and Freeze Rate tools, which are unique for risk management. Both support automated trading via Expert Advisors (EAs) on MT4/MT5.
| Factor | EasyMarkets | TMGM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | TMGM |
| 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 |
TMGM claims execution speeds under 50ms on its Razor account, ideal for scalpers in China. EasyMarkets uses market execution with a slight delay due to its risk management tools, averaging 100-200ms. For China traders who trade news events or use EAs, TMGM’s faster execution may be preferable, while EasyMarkets’ execution is sufficient for swing traders.
| Safety Factor | EasyMarkets | TMGM |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✗ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor TMGM is regulated by the CSRC, so China traders must use offshore entities. EasyMarkets holds licenses from CySEC (Cyprus) and ASIC (Australia), offering client fund segregation and negative balance protection. TMGM is regulated by ASIC and the FMA (New Zealand), also with strong investor safeguards. For China traders, ASIC regulation (shared by both) provides a familiar standard, but no CSRC oversight means no local recourse. Traders should only deposit funds they can afford to lose and use international payment methods like USDT to bypass capital controls.
| Payment Method | EasyMarkets | TMGM |
|---|---|---|
| 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 4 business days to process, with internal processing typically completed within 1 business day. |
China traders can fund accounts at both EasyMarkets and TMGM using USDT (Tether) and international Bank Transfer. EasyMarkets also accepts Visa, Mastercard, and e-wallets like Neteller, with minimum deposit of $100 and no fees. TMGM supports the same methods plus Skrill, with a $100 minimum. Withdrawals are processed within 1-2 business days for both brokers, though bank transfers may take 3-5 days. USDT deposits are particularly useful for China traders to avoid currency conversion delays. Ensure your account is verified before requesting withdrawals.
| Islamic Account Feature | EasyMarkets | TMGM |
|---|---|---|
| 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 TMGM offer Islamic (swap-free) accounts for China’s Muslim traders. EasyMarkets provides swap-free accounts upon request, applicable to all instruments with no additional charges. TMGM also offers Islamic accounts on major forex pairs, but may charge a fee after a holding period. China traders should check with support for full terms, as swap-free accounts are available for those who adhere to Sharia law. Both brokers require a simple request via email or live chat.
| Support Feature | EasyMarkets | TMGM | 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 via live chat, email, and phone, with Chinese language support available. TMGM also provides 24/5 support with multilingual agents, including Chinese. Both brokers have responsive live chat, but EasyMarkets’ support is slightly faster based on user reviews. For China traders, the availability of Chinese-speaking agents is a plus for both.
| Mobile Feature | EasyMarkets | TMGM | 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 | TMGM | 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 TMGM if you...
For China traders, the choice between EasyMarkets and TMGM depends on trading style. EasyMarkets (3.4/5) is better for beginners or those who value fixed costs and risk management, especially with USDT deposits. TMGM (3.3/5) suits active traders seeking low spreads and fast execution. Both lack CSRC regulation, so use international entities and deposit via USDT or Bank Transfer (international) for compliance. Test both with a demo account to see which fits your strategy.