Which broker is better for Israel traders in 2026? Expert analysis across 12 categories.
Choosing the right forex broker is critical for experienced retail traders in Israel, where the local market is active but largely unregulated for offshore brokers. EasyMarkets and XM Group are two established names in the Israeli trading community, each appealing to different trading styles. EasyMarkets scores 3.4/5 and is known for its fixed spreads, guaranteed stop loss, and innovative risk management tools like DealCancellation – features that appeal to traders who value predictability and risk control. XM Group, with a strong 4.7/5 rating, is one of the world's largest brokers, offering ultra-low spreads, no re-quotes, and deep liquidity across 1,000+ instruments. For Israeli traders, key factors include the ability to deposit via Bank Transfer and Credit Card in ILS, access to local support in Hebrew, and the option of swap-free accounts. This comparison dives deep into costs, platforms, regulation, and deposit methods to help you decide which broker aligns with your trading goals in 2025.
| 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 |
Cost comparison is crucial for Israeli traders, especially when trading in high volumes. XM Group offers two account types: Micro (spreads from 1 pip) and Standard (from 0.8 pips), while the Ultra Low account starts from 0.0 pips with a $3.5 commission per lot round turn. For a typical Israeli trader executing 10 lots per week on EUR/USD, XM's Ultra Low account can save over $300 monthly compared to EasyMarkets' fixed spreads (EUR/USD at 1.2 pips). EasyMarkets has no commission but wider spreads, which can be expensive for scalping. Additionally, XM offers zero hidden fees and no inactivity fee for 12 months, whereas EasyMarkets charges $10 monthly after 90 days of inactivity. Swap rates on standard accounts are competitive at both brokers, but Islamic accounts have no swaps. For cost-conscious Israeli traders, XM Group is clearly the more economical choice.
| 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 |
|---|---|---|
| Israel (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 | ✓ | ✓ |
Both brokers offer the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely used by experienced Israeli traders. EasyMarkets also provides its proprietary web trader platform with tools like DealCancellation and reverse trading – unique features that can help manage risk. XM Group offers MT4/MT5 across desktop, web, and mobile, plus a dedicated XM app for quick access. For Israeli traders who rely on automated trading or Expert Advisors (EAs), XM's VPS hosting solution (free for clients trading over 5 lots) gives a speed advantage. EasyMarkets does not offer VPS. Both platforms are available in Hebrew language, and charting tools are comprehensive. While EasyMarkets' proprietary tools are innovative, XM's broader platform ecosystem and flexibility make it the preferred choice for professional traders.
| 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 |
Execution quality directly impacts profitability, especially for scalpers and day traders in Israel. XM Group uses a No Dealing Desk (NDD) execution model with low latency, offering instant fills with no re-quotes on 99.35% of orders. Average execution speed under 1 second. EasyMarkets uses a market maker model with fixed spreads, which can lead to slippage during news events. EasyMarkets guarantees stop loss orders and offers DealCancellation – a unique feature that allows reversing losing trades within an hour – but execution speed is generally slower than XM. For experienced traders who need fast, reliable execution, XM Group is the superior choice.
| Safety Factor | EasyMarkets | XM Group |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Israeli traders because neither EasyMarkets nor XM Group holds a license from the Israel Securities Authority (ISA). EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and the FSA (Seychelles) – providing a moderate safety net through the Investor Compensation Fund (ICF) for EU clients, which does not cover non-EU residents. XM Group holds licenses from CySEC, ASIC, and the IFSC (Belize), and is also authorized by the FCA in the UK (for UK clients) and DFSA in Dubai. XM's size and regulatory oversight from multiple tier-1 bodies offer stronger protection. However, Israeli traders should understand that local ISA coverage is absent with both brokers. XM's longer track record (since 2009) and more robust compliance frameworks give it a distinct advantage in reliability and trust.
| 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 |
Israeli traders can fund accounts at both brokers using Bank Transfer and Credit Card (Visa/Mastercard). EasyMarkets supports deposits in ILS via local bank transfer with no fees, and credit cards are processed instantly. The minimum deposit is $100. Withdrawals are processed within 24 hours, with no charges for bank transfers to Israeli banks (though intermediary fees may apply). XM Group also accepts Bank Transfer (SEPA) and major credit cards, but deposits are generally in USD or EUR; conversion from ILS occurs at the broker's market rates. XM's minimum deposit is just $5, making it accessible for smaller traders. Withdrawals at XM are processed within 24 hours, with most methods free. For Israeli traders who prefer local ILS transfers, EasyMarkets has an edge by allowing ILS deposits, while XM's lower entry barrier and faster processing (especially for credit cards) are attractive. Both brokers verify accounts before withdrawals; documentation can be submitted in Hebrew.
| 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 |
For Muslim traders in Israel who require swap-free accounts, both EasyMarkets and XM Group provide compliant solutions. EasyMarkets offers Islamic accounts on request, with no swap charges on positions held overnight, and all trading instruments are available. The process requires a simple declaration of faith and is free of charge. XM Group provides swap-free accounts on all account types (Micro, Standard, Ultra Low) after account verification and a request via support. XM's Islamic accounts maintain full trading conditions, including leverage up to 1:1000 (subject to limits for certain instruments). Neither broker changes spreads or commission on Islamic accounts. However, XM's Islamic account may have a holding period limit (usually 10-14 days) on some instruments to prevent abuse, while EasyMarkets does not impose such restrictions. For long-term position traders in Israel, EasyMarkets' unlimited swap-free policy is more flexible.
| 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 |
Customer support is available in Hebrew for both brokers, which is essential for many Israeli traders. EasyMarkets offers 24/5 live chat, email, and phone support with a short response time. XM Group provides 24/7 multilingual support via live chat, phone, and email, including Hebrew-speaking agents. XM also offers a comprehensive FAQ and education center in Hebrew. For Israeli traders who trade outside normal business hours, XM's round-the-clock availability is a clear advantage. EasyMarkets' support is limited to weekdays, which may be inconvenient for weekend traders.
| 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 experienced retail traders in Israel, XM Group (4.7/5) is the clear winner over EasyMarkets (3.4/5) in almost every category that matters: lower spreads, faster execution, stronger regulation, and better customer support availability. While EasyMarkets offers unique tools like DealCancellation and fixed spreads that appeal to risk-averse traders, its higher costs and slower execution limit its suitability for active trading. Israeli traders who rely on Bank Transfer and Credit Card deposits will find both brokers accommodating, but XM's lower minimum deposit and wider account options give it more flexibility. Local regulation by ISA Israel is absent for both, but XM's multiple tier-1 licenses provide greater peace of mind. For most serious traders in Israel, XM Group is the superior choice in 2025.