Which broker is better for Georgia traders in 2026? Expert analysis across 12 categories.
Georgia traders looking for a reliable forex broker in 2025 often compare EasyMarkets and XM Group. Both are internationally recognized, but they cater to slightly different needs. XM Group, with a score of 4.7/5, stands out for its low-cost trading environment, extensive educational materials, and flexible account options. EasyMarkets, rated 3.4/5, appeals to traders who want fixed spreads and innovative features like deal cancellation and USDT TRC20 deposits. For Georgia-based retail traders, local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 are available, though only EasyMarkets supports crypto deposits. Both brokers operate without direct regulation from the National Bank of Georgia, so traders must rely on the licenses held by each firm. This comparison breaks down the key differences to help you choose the right broker for your trading style in the Georgian market.
| Instrument | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | XM Group |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | XM Group |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | XM Group |
| Standard acc spread | from 1.0 pips | from 0.8 pips | XM Group |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $5 | EasyMarkets |
When comparing trading costs for Georgia traders, XM Group generally offers lower variable spreads, especially on its Ultra Low account where EUR/USD spreads can be as low as 0.0 pips with a commission. On the standard account, spreads start from 1.0 pips with no commission. EasyMarkets offers fixed spreads, with EUR/USD at around 1.2 pips and no hidden costs. For a trader executing 10 standard lots per month, XM's variable spreads can save up to 30% in costs compared to EasyMarkets' fixed spreads, depending on market conditions. Georgia traders who prioritize cost efficiency will find XM more favorable, while those who value fixed costs for budgeting may prefer EasyMarkets.
| Account Type | EasyMarkets | XM Group |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $5 |
| Entity / Asset | EasyMarkets | XM Group |
|---|---|---|
| Georgia (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 | XM Group | 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 | ✗ | ✗ | XM Group |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | XM Group |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
XM Group provides the MetaTrader 4 and MetaTrader 5 platforms, which are widely favored by Georgia traders for their advanced charting tools, custom indicators, and automated trading capabilities. XM also offers a mobile app for trading on the go. EasyMarkets has its own proprietary web-based platform along with MT4, focusing on simplicity and a user-friendly interface. For Georgia traders who need advanced functionality and a broader ecosystem, XM is the stronger choice. However, traders seeking a straightforward experience with built-in risk management tools (like deal cancellation) may prefer EasyMarkets. Both platforms are available in English and Russian, catering to the local linguistic preferences.
| Factor | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | XM Group |
| 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 fixed spreads, meaning orders are filled at the requested price or not at all, reducing slippage. XM Group offers both instant and market execution on its STP/ECN infrastructure, providing fast execution with no requotes. For high-frequency traders in Georgia, XM's execution is generally faster and more reliable during volatile markets, whereas EasyMarkets may appeal to those who prefer guaranteed execution price certainty.
| Safety Factor | EasyMarkets | XM Group |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor XM Group is regulated by the National Bank of Georgia. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). XM Group is also licensed by CySEC, ASIC, and the Financial Services Commission (FSC) in Belize. While these licenses offer some protection, Georgia traders should note that they do not benefit from local investor compensation schemes. This means any disputes would have to be handled through international channels. XM's multiple regulatory licenses provide a slightly broader safety net, but both brokers are considered relatively safe among offshore options available to Georgia residents.
| Payment Method | EasyMarkets | XM Group |
|---|---|---|
| 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) | Visa/Mastercard and e-wallets near-instant to 1-2 business days; bank wire several days |
Georgia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 – but only EasyMarkets supports the last option. XM does not accept any cryptocurrency deposits. Bank transfers typically take 1-3 business days, while e-wallet deposits at both brokers are instant. Withdrawals are processed within 24 hours for XM and up to 48 hours for EasyMarkets, though e-wallets are usually faster. EasyMarkets charges no deposit fees, but withdrawal fees may apply for bank wires. XM offers free withdrawals for the first three requests per month, then a small fee. For Georgia traders who value crypto deposit flexibility, EasyMarkets is the clear choice; for those who prefer fast, free withdrawals, XM holds the edge.
| Islamic Account Feature | EasyMarkets | XM Group |
|---|---|---|
| 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 XM Group offer Islamic (swap-free) accounts for Muslim traders in Georgia who follow Sharia law. These accounts eliminate swap fees on overnight positions. EasyMarkets provides Islamic accounts on all its account types, including its fixed-spread accounts. XM offers swap-free accounts on Micro, Standard, and Ultra Low accounts. It is important to note that XM applies a 0.5% commission on trades exceeding 10 standard lots on its Standard and Ultra Low account types for Islamic accounts, while EasyMarkets does not charge such fees. Georgia Muslim traders should compare these conditions based on their expected trading volume.
| Support Feature | EasyMarkets | XM Group | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets offers customer support via live chat, email, and phone, with 24/5 availability. XM Group provides similar channels but also has a 24/7 multilingual support line. XM's support covers Russian and English, which is helpful for Georgia traders. XM additionally has a comprehensive FAQ and educational webinars. For Georgia traders needing round-the-clock help, XM's extended support hours are a clear advantage.
| Mobile Feature | EasyMarkets | XM Group | 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 | XM Group | 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 XM Group if you...
For Georgia traders in 2025, XM Group is the stronger overall choice due to its higher score (4.7/5), competitive pricing, and superior execution. It offers lower spreads, a wider product range, and better support – all while accepting popular local payment methods like Bank Transfer, Skrill, and Neteller. EasyMarkets is a niche alternative for those who need fixed spreads or want to deposit with USDT TRC20, which XM does not support. However, both brokers lack direct regulation from the National Bank of Georgia, so traders should proceed with caution. If cost efficiency and platform versatility matter most, pick XM. If you need crypto deposits or fixed spreads, EasyMarkets is the better fit.