Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Chile, choosing between FBS and EasyMarkets requires a detailed look at how each broker serves the local market. Both brokers accept Chilean peso (CLP) deposits via Bank Transfer and Credit Card, making them accessible for local traders. FBS, with a higher overall score of 3.7 out of 5, is known for its low spreads and high leverage, while EasyMarkets (3.4/5) offers fixed spreads and a simplified trading experience. Chile’s trading environment, influenced by the Comisión para el Mercado Financiero (CMF), means traders must consider regulatory oversight and local payment options. FBS provides a wider range of instruments, including forex, commodities, and indices, while EasyMarkets focuses on a curated selection. This comparison will help you decide which broker aligns with your trading style and local needs.
| Instrument | FBS | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $25 | EasyMarkets |
For Chile traders, trading costs are a key differentiator. FBS offers variable spreads starting from 0.5 pips on its Standard account, with a commission-free structure that benefits high-volume traders. In contrast, EasyMarkets provides fixed spreads from 1.2 pips, which can be higher but eliminate slippage risk. Over 100 trades per month, FBS can save Chile traders up to 30% in spread costs, especially on EUR/USD. However, EasyMarkets’ fixed spreads are advantageous during volatile market conditions. Both brokers have no hidden fees for CLP deposits via Bank Transfer or Credit Card, but FBS’s lower spreads make it more cost-effective for active Chilean traders.
| Account Type | FBS | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $25 |
| Entity / Asset | FBS | EasyMarkets |
|---|---|---|
| Chile (offshore) | Up to 1:3000 | Up to 1:2000 |
| Forex major pairs | 1:3000 | 1:2000 |
| 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 | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer robust platforms suited for experienced Chile traders. FBS provides MetaTrader 4 and MetaTrader 5, which are popular for advanced charting, automated trading, and custom indicators. EasyMarkets offers its proprietary web-based platform, which is intuitive but lacks the depth of MT4/MT5. For Chile traders who rely on technical analysis and Expert Advisors, FBS is the clear choice. EasyMarkets’ platform, however, includes built-in risk management tools like dealCancellation, which can appeal to traders seeking simplicity. Both platforms are accessible on desktop and mobile, with no platform fees for Chilean users.
| Factor | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Execution quality differs between the two brokers. FBS uses a No Dealing Desk (NDD) model with average execution speeds of 0.3 seconds, suitable for scalping and high-frequency trading. EasyMarkets uses a market maker model with fixed spreads and execution speeds around 0.5 seconds. For Chile traders, FBS’s faster execution and lower slippage are beneficial for active strategies, while EasyMarkets’ fixed spreads provide certainty. Both brokers offer negative balance protection, but FBS’s execution is more suited to experienced traders who require speed.
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is critical for Chile traders, as the CMF oversees local financial activities. FBS is regulated by the FSC Belize (license no. 000102/60) and CySEC, while EasyMarkets is regulated by CySEC and ASIC. Neither broker is directly regulated by the CMF, but they comply with international standards. For Chile traders, this means funds are protected under client segregation and negative balance protection, but not under the CMF’s compensation scheme. FBS’s higher score reflects stronger regulatory history, while EasyMarkets’ ASIC regulation offers additional credibility. Chile traders should consider these factors when assessing broker safety.
| Payment Method | FBS | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 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) |
Chile traders can fund their accounts at both FBS and EasyMarkets using Bank Transfer and Credit Card (Visa/Mastercard) in CLP. FBS supports deposits from $10 via Credit Card, with Bank Transfer taking 1-3 business days. EasyMarkets requires a minimum deposit of $25 via Credit Card, with Bank Transfer also available. Withdrawals are processed similarly: FBS typically completes withdrawals within 24 hours via Credit Card, while EasyMarkets takes 1-2 business days. Both brokers do not charge deposit fees for Chilean users, but Bank Transfer may incur intermediary bank charges. FBS also offers local payment options like Mercado Pago for some regions, enhancing convenience for Chile traders. Overall, both brokers provide reliable, low-cost deposit and withdrawal methods for Chilean users.
| Islamic Account Feature | FBS | EasyMarkets |
|---|---|---|
| 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 Chile, both FBS and EasyMarkets offer Islamic (swap-free) accounts that comply with Sharia law by eliminating overnight interest. FBS provides Islamic accounts on request for all account types, including Standard and Cent accounts, with no extra fees. EasyMarkets automatically applies swap-free conditions on its Standard and Premium accounts, making it easier to access. Chile traders should note that Islamic accounts may have holding period restrictions on certain instruments. Both brokers require verification of Muslim faith, but EasyMarkets’ automatic application is more straightforward. For Chilean Muslim traders seeking flexibility, FBS offers more account options, while EasyMarkets provides simplicity.
| Support Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
Customer support is vital for Chile traders. FBS offers 24/7 multilingual support via live chat, email, and phone, with Spanish-speaking agents available. EasyMarkets provides 24/5 support via live chat and email, with Spanish support during business hours. FBS’s round-the-clock availability is advantageous for Chilean traders who trade during non-standard hours. Both brokers have comprehensive FAQ sections in Spanish, but FBS’s faster response times (under 1 minute) give it an edge. For Chile traders, FBS’s support is more accessible and responsive.
| Mobile Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose EasyMarkets if you...
For experienced retail traders in Chile, FBS is the better choice overall, thanks to its lower spreads, faster execution, and advanced platforms. Its higher score (3.7 vs 3.4) reflects strengths in trading costs and platform flexibility, which are critical for active traders. EasyMarkets, however, appeals to those who prefer fixed spreads and a simplified experience, especially for Muslim traders seeking automatic Islamic accounts. Both brokers support CLP deposits via Bank Transfer and Credit Card, but FBS offers more local payment options. While neither is directly regulated by the CMF Chile, FBS’s stronger international oversight and better support for high-volume trading make it the preferred option for Chilean traders looking to optimize their trading costs and performance.