Which broker is better for Guyana traders in 2026? Expert analysis across 12 categories.
Guyana traders looking for a reliable forex broker in 2025 often compare FBS and EasyMarkets. Both brokers accept clients from Guyana and support USD accounts, making them accessible for local retail traders. However, there are key differences in trading costs, payment methods, and regulation that matter to Guyana-based traders. FBS, with a score of 3.7/5, offers lower spreads, more account types, and supports USDT TRC20—a popular crypto payment method in Guyana. EasyMarkets (3.4/5) is known for its user-friendly platform and guaranteed stop-loss feature, but its fixed spreads and limited local payment options may not suit all traders. Both brokers operate under international licenses, not the local financial regulator, so traders should consider deposit protection and withdrawal speed when choosing. This comparison covers spreads, platforms, regulation, and deposit methods specifically for Guyana traders.
| 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 Guyana traders, trading costs are a major factor. FBS offers variable spreads from 0.7 pips on Standard accounts and from 0.0 pips on ECN accounts (with a $6 commission per lot). EasyMarkets uses fixed spreads, typically 1.2-1.5 pips on EUR/USD, which are higher but predictable. Over 100 trades per month, FBS can save Guyana traders $50-$100 in spreads, especially on higher volumes. FBS also has lower swap rates for overnight positions, while EasyMarkets charges no swap on Islamic accounts.
| 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 |
|---|---|---|
| Guyana (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 MetaTrader 4 and MetaTrader 5, which are popular among Guyana traders for their advanced charting and automated trading. FBS also provides its own FBS Trader app for mobile trading. EasyMarkets offers a proprietary web platform with one-click trading and deal cancellation features. For Guyana traders with limited internet, the lightweight MT4 WebTerminal works well on both. EasyMarkets' platform is simpler for beginners, while FBS gives more control to experienced traders.
| 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 |
FBS uses ECN/STP execution with no dealing desk, offering fast order execution and no requotes. EasyMarkets uses market maker execution, which can lead to slippage during news events but offers guaranteed stop loss. For Guyana traders who trade volatile pairs like USD/GYD or major forex, FBS provides better execution speed and transparency, while EasyMarkets is safer for risk-averse traders.
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FBS is regulated by IFSC Belize (license no. 000102/327) and EasyMarkets is regulated by CySEC (license no. 079/07) and ASIC. Neither broker is regulated by the local financial regulator in Guyana, so traders have no local deposit protection. However, CySEC offers up to €20,000 compensation under the ICF for EasyMarkets clients. FBS has no such scheme. Guyana traders should prioritize brokers with strong international oversight and consider using smaller deposits to manage risk.
| 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) |
Guyana traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at FBS. EasyMarkets supports Bank Transfer, Skrill, and Neteller, but not USDT TRC20. FBS deposits are instant with no fees, while EasyMarkets may charge a small fee for bank wire transfers. Withdrawals at FBS are processed within 24 hours, while EasyMarkets takes 1-3 business days. USDT TRC20 is especially useful for Guyana traders who prefer crypto transactions due to lower costs and faster processing. Both brokers support USD accounts, avoiding conversion fees.
| 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 |
Both FBS and EasyMarkets offer swap-free Islamic accounts for Muslim traders in Guyana. FBS provides Islamic accounts on all account types without extra fees, but positions held for more than 7 days may incur a small administration fee. EasyMarkets offers Islamic accounts on request, with no swap charges and no holding period limits. For long-term traders, EasyMarkets is more accommodating, while FBS is better for short-term trading.
| 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 |
FBS offers 24/7 live chat, email, and phone support in English, with quick response times. EasyMarkets provides 24/5 support via live chat, email, and phone, plus a callback service. Both brokers serve Guyana traders well, but FBS's 24/7 availability is better for traders who trade outside standard hours. EasyMarkets' support is slightly slower but still reliable.
| 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 most Guyana retail traders, FBS is the better choice due to its higher rating (3.7 vs 3.4), lower spreads, wider payment options including USDT TRC20, and 24/7 support. It suits traders who want cost-effective trading and fast transactions. EasyMarkets is a solid alternative for beginners or those who prioritize fixed costs and guaranteed stop-loss features. However, its lack of USDT TRC20 support and slower withdrawals may be drawbacks for Guyana traders. Since neither broker is regulated by the local financial regulator, traders should use risk management and consider deposit amounts carefully. Ultimately, FBS offers more flexibility for the average Guyana trader.