EasyMarkets vs XM Group: Which Broker is Better for Ukraine Traders in 2026?

For Ukraine traders, trading costs are a key factor. XM Group offers variable spreads from 0.6 pips on EUR/USD, with a $7 commission per lot on its Ultra Low account. EasyMarkets provides fixed spreads averaging 1.5 pips on the same pair with no commission, making it pricier per trade. Over 100 standard lots, XM saves approximately $80 in spread costs. EasyMarkets’ fixed spreads protect against volatility, which can benefit Ukraine traders during local economic news events, but the higher cost adds up. XM’s variable spreads are tighter under normal conditions, and its zero-commission Standard account is popular for retail traders.

Both brokers offer MetaTrader 4 (MT4) and proprietary platforms. EasyMarkets’ web-based platform is intuitive and includes dealCancellation (a unique feature to reverse losing trades within 1 hour) – useful for beginners. XM provides MT4 and MT5 with advanced charting tools, automated trading via Expert Advisors, and mobile apps fully localised for Ukraine (Russian/Ukrainian language support). XM also offers a wider range of technical indicators and customisable layouts. For Ukraine traders who rely on expert advisors or scalping, XM’s superior platform ecosystem is a clear advantage.

EasyMarkets uses No Dealing Desk (NDD) execution with fixed spreads, ensuring no requotes but slightly slower execution during high volatility. XM employs straight-through processing (STP) with deep liquidity providers, offering average execution speeds of under 1 second and no requotes on Standard accounts. For Ukraine traders who scalp or trade news, XM’s faster execution and tighter spreads are preferable. EasyMarkets’ dealCancellation feature provides a safety net for beginners, but overall execution quality favours XM.

EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) of South Africa. XM Group holds licenses from CySEC (EU), the Financial Services Commission (FSC) in Mauritius, and the Australian Securities and Investments Commission (ASIC). For Ukraine traders, neither broker is directly overseen by the local financial regulator (NSSMC), but XM’s multiple tier-1 licenses provide stronger client fund segregation and negative balance protection. EasyMarkets offers investor compensation via CySEC (up to €20,000), while XM’s offshore entities may have lower protections. Ukraine traders should evaluate these regulatory nuances before depositing.

Ukraine traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. EasyMarkets also supports Visa/Mastercard and its own EasyWallet, with a minimum deposit of $25. XM has a lower minimum of $10 and additionally offers global bank transfers and cryptocurrency options like Bitcoin. Withdrawals are processed within 24 hours for e-wallets and USDT, while bank transfers take 1-3 days. Neither broker charges deposit fees for Ukraine users, but XM has a $15 fee for bank wire withdrawals below $200. Both support UAH conversion, but USD-denominated accounts are recommended to avoid conversion spreads. Skrill and Neteller deposits are instant at XM, while EasyMarkets may take up to 24 hours.

Muslim traders in Ukraine can open swap-free accounts at both EasyMarkets and XM Group. EasyMarkets offers Islamic accounts on request with zero swap rates across all instruments – no hidden fees. XM also provides swap-free accounts, but the feature may be limited to specific account types (e.g., Standard, Micro) and traders must contact support to activate it. Both brokers require a declaration of Islamic faith and prohibit hedging strategies on Islamic accounts. For Ukraine’s growing Muslim community, EasyMarkets’ straightforward approach may be simpler, while XM’s larger product range still accommodates Sharia-compliant trading.

EasyMarkets offers 24/5 live chat, email, and phone support in English and some European languages, but no dedicated Ukrainian channel. XM provides 28+ languages including Russian and Ukrainian, with 24/5 support via live chat, phone, and email. XM also has a localised website for Ukraine and a Ukraine-specific support line. For Ukraine traders, XM’s native language support and faster response times (typically under 2 minutes) are significant advantages. EasyMarkets’ response can be slower, especially outside European hours.