Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
Chile traders looking for a reliable forex broker in 2025 often compare EasyMarkets and VT Markets. Both brokers are well-known internationally but cater to different trading styles. EasyMarkets, founded in 2001, is recognized for its fixed spreads and risk management tools, while VT Markets, established in 2016, focuses on low-cost trading with ECN pricing. For Chile-based experienced retail traders, the choice depends on priorities: cost efficiency, platform flexibility, and deposit methods. Both brokers accept local Bank Transfers and Credit Cards, making it easy to fund accounts in Chilean Pesos (CLP) indirectly. However, neither broker is regulated by the CMF Chile, so traders must be aware of offshore regulatory frameworks. This comparison covers spreads, platforms, regulation, and local payment options to help you decide which broker suits your trading needs in Chile.
| Instrument | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | VT Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | VT Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | VT Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | VT Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $50 | EasyMarkets |
When comparing trading costs for Chile traders, VT Markets generally offers lower spreads, especially on its Raw ECN account with spreads from 0.0 pips and a small commission. EasyMarkets uses fixed spreads starting at 1.0 pips, which can be higher but provide certainty. For Chile traders executing large volumes, VT Markets can save significant costs. However, EasyMarkets’ fixed spreads protect against slippage during volatile news events—a factor for traders focusing on Chilean peso pairs or gold. Overall, active scalpers prefer VT Markets, while swing traders may value EasyMarkets’ predictable costs.
| Account Type | EasyMarkets | VT Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $50 |
| Entity / Asset | EasyMarkets | VT Markets |
|---|---|---|
| Chile (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| 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 | VT Markets | 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 | ✗ | ✗ | VT Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | VT Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
For Chile traders, platform choice is critical. VT Markets offers MetaTrader 4 and MetaTrader 5, which are industry standards for advanced charting, automated trading, and custom indicators. EasyMarkets provides its proprietary web trader platform and mobile app, which are simpler and include unique risk management features like DealCancellation and Freeze Rate. Experienced Chile traders who rely on EAs and technical analysis will favor VT Markets, while those seeking a straightforward, all-in-one platform may prefer EasyMarkets. Both platforms are stable and accessible from Chile, with no latency issues reported.
| Factor | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | VT Markets |
| 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 quality differs: VT Markets uses ECN technology with no dealing desk, offering fast execution and low slippage, ideal for scalping. EasyMarkets uses a market maker model with fixed spreads, which can lead to requotes during high volatility but ensures no slippage on limit orders. For Chile traders trading during Asian or US sessions, VT Markets generally provides more consistent execution speeds.
| Safety Factor | EasyMarkets | VT Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor VT Markets is regulated by the CMF Chile, meaning they operate under offshore licenses (e.g., FSA in Saint Vincent and the Grenadines or ASIC in Australia for VT Markets). For Chile traders, this means less local investor protection compared to a CMF-regulated broker. However, both brokers have long track records and segregate client funds. EasyMarkets is also regulated by CySEC and ASIC, offering some European and Australian oversight. Chile traders should weigh the convenience of global brokers against the security of local regulation.
| Payment Method | EasyMarkets | VT Markets |
|---|---|---|
| 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) | Internal/E-Wallet: 20–30 minutes up to 1 business day.Bank Cards (Credit/Debit): 1 to 3 business days.Bank Wire/International Transfer: 3 to 5 business days (can extend up to 7 business days depending on intermediary banks). |
Chile traders can deposit and withdraw using Bank Transfer and Credit Card at both EasyMarkets and VT Markets. EasyMarkets supports deposits in CLP via Bank Transfer with no fees, though withdrawals are processed in USD. VT Markets accepts deposits in USD via Bank Transfer or Credit Card, with a 2.5% fee on credit card deposits. Withdrawal times are similar: 1-3 business days for Bank Transfer and instant for Credit Card refunds. For Chile traders, EasyMarkets offers slightly better local payment handling, particularly for those who prefer to deposit in CLP. Always check for any intermediary bank fees when using Bank Transfer.
| Islamic Account Feature | EasyMarkets | VT Markets |
|---|---|---|
| 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 VT Markets offer Islamic accounts (swap-free) for Chile Muslim traders. EasyMarkets provides swap-free accounts upon request, with no interest charged on overnight positions, but some instruments may incur a small admin fee. VT Markets offers Islamic accounts automatically on Standard and Raw ECN accounts, with no swap fees for most currency pairs. Chile traders should confirm with support for specific instruments like indices or commodities. Overall, VT Markets has a more straightforward Islamic account policy.
| Support Feature | EasyMarkets | VT Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support for Chile traders is available 24/5 at both brokers. EasyMarkets offers live chat, email, and phone support in English and Spanish, which is beneficial for Spanish-speaking Chile traders. VT Markets provides 24/7 live chat and email support, but Spanish language support may be limited to certain hours. EasyMarkets has a slight edge for Chile traders due to dedicated Spanish-language support.
| Mobile Feature | EasyMarkets | VT Markets | 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 | VT Markets | 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 VT Markets if you...
For Chile traders in 2025, the choice between EasyMarkets and VT Markets depends on trading style. VT Markets is better for cost-conscious scalpers and EA users, offering lower spreads and MetaTrader platforms. EasyMarkets suits traders who value simplicity, fixed spreads, and Spanish support. Both accept local Bank Transfers and Credit Cards, but EasyMarkets handles CLP deposits better. Since neither is CMF Chile regulated, traders should use caution and start with small deposits. Overall, VT Markets edges ahead for experienced traders, while EasyMarkets remains a solid choice for those prioritizing predictability.