FBS vs EasyMarkets: Which Broker is Better for India Traders in 2026?
Which broker is better for India traders in 2026? Expert analysis across 12 categories.
Quick Verdict — India Traders
For India traders looking to trade forex and CFDs, FBS and EasyMarkets are two well-known international brokers that accept Indian clients. Both support local payment methods like UPI, IMPS, and NEFT, and offer platforms suitable for tech-savvy retail traders. FBS, with a score of 3.7/5, is known for its low spreads, high leverage (up to 1:3000), and fast execution. EasyMarkets, scoring 3.4/5, stands out for its fixed spreads, guaranteed stop-loss, and user-friendly web platform. While neither is regulated by SEBI, they operate under reputable international licenses. This comparison will help you decide which broker aligns with your trading style—whether you prioritize low costs or risk management. Both brokers also support Skrill and USDT deposits, making it easy for India traders to fund accounts in INR.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| 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 |
When comparing trading costs for India traders, FBS generally offers lower variable spreads starting from 0.7 pips on major pairs, while EasyMarkets provides fixed spreads from 1.0 pips. For a trader executing 100 lots per month on EUR/USD, FBS could save approximately 30 pips in spread costs compared to EasyMarkets. However, EasyMarkets' fixed spreads protect traders during news events when spreads can widen. FBS also charges a commission on its Zero Spread account, while EasyMarkets includes all costs in the spread. India traders should consider their trading volume and frequency when choosing.
Account Types Comparison
| 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 |
Leverage Comparison - India Traders
| Entity / Asset | FBS | EasyMarkets |
|---|---|---|
| India (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 |
Trading Instruments - Assets Available
| 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 |
Platforms Comparison
| Platform | FBS | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FBS offers MetaTrader 4 and MetaTrader 5, which are popular among India traders for their advanced charting, automated trading via Expert Advisors (EAs), and mobile apps. EasyMarkets provides its proprietary web-based platform and a mobile app, which are simpler and more intuitive for beginners. For tech-savvy India traders who use algorithmic trading or custom indicators, FBS is the better choice. EasyMarkets' platform, however, includes built-in risk management tools like dealCancellation and free guaranteed stop-loss. Both platforms support Hindi language settings, catering to India traders.
Execution Quality - Speed & Slippage
| 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 can impact trading results. FBS offers ECN execution with low latency, suitable for scalpers and high-frequency traders. EasyMarkets uses market execution with fixed spreads, which can be slower during volatile markets. For India traders who prioritize speed, FBS is better. However, EasyMarkets provides guaranteed stop-loss orders, ensuring that trades are closed at the exact price set, even during gaps. This feature is valuable for risk-averse traders.
Regulation & Safety for India Traders
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for India traders. Neither FBS nor EasyMarkets is regulated by SEBI, meaning they are not authorized to solicit Indian residents directly. However, both accept Indian clients under international licenses—FBS is regulated by IFSC Belize, and EasyMarkets is regulated by CySEC (Cyprus) and ASIC (Australia). For India traders, this means deposits are not covered by the SEBI Investor Protection Fund. It's crucial to use only funds you can afford to lose. Both brokers offer negative balance protection, which limits losses. Always verify the broker's current regulatory status before depositing.
Deposits & Withdrawals for India
| 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) |
For India traders, both FBS and EasyMarkets support popular local payment methods. FBS accepts UPI, IMPS, NEFT, Skrill, and USDT (Tether), with a minimum deposit of $10. EasyMarkets accepts UPI, IMPS, NEFT, and Skrill, with a minimum deposit of $25, but does not support USDT. Withdrawals at FBS are typically processed within 24 hours, while EasyMarkets takes 1-3 business days. Both brokers do not charge deposit fees, but withdrawal fees may apply. FBS offers faster processing for USDT deposits. India traders should note that Skrill and USDT deposits may incur currency conversion fees. Always check the latest fee schedules on the broker's website.
Islamic Accounts - Swap-Free for India Muslims
| 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 Islamic (swap-free) accounts for India Muslim traders who wish to trade in compliance with Sharia law. FBS provides Islamic accounts on its Standard and Cent accounts, with no overnight swap fees. EasyMarkets offers Islamic accounts on all account types, but requires traders to request it via customer support. Both brokers do not charge interest on positions held overnight. However, India traders should be aware that Islamic accounts may have restrictions, such as no trading on certain instruments or a fee for holding positions beyond a specific period. Always confirm terms with the broker before opening an Islamic account.
Customer Support Comparison
| 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 India traders. FBS offers 24/7 live chat, email, and phone support in English and Hindi. EasyMarkets provides 24/5 live chat and email support, with phone support available during business hours. FBS has a slight edge with round-the-clock support, which is useful for traders in different time zones. Both brokers have comprehensive FAQ sections. India traders may find FBS more responsive due to its larger support team.
Mobile App Comparison
| 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 |
Education & Research Tools
| Resource | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FBS
EasyMarkets
Who Should Use Which Broker? - India Guide
Choose FBS if you...
- Are a day trader or scalper looking for low variable spreads and fast execution.
- Want access to MetaTrader 4/5 for automated trading and custom indicators.
- Prefer high leverage up to 1:3000 for larger position sizes.
- Need fast withdrawals via UPI, IMPS, or USDT.
Choose EasyMarkets if you...
- Are a beginner or risk-averse trader who values fixed spreads and guaranteed stop-loss.
- Prefer a simple, intuitive web-based platform without complex features.
- Want built-in risk management tools like dealCancellation.
- Trade lower volumes and prioritize predictability over ultra-low costs.
FAQ - FBS vs EasyMarkets in India
Final Verdict - India 2026
For India traders, the choice between FBS and EasyMarkets depends on your trading style and priorities. FBS (score 3.7/5) is the better option for active traders who want low costs, fast execution, and flexible deposit methods including UPI, IMPS, NEFT, Skrill, and USDT. Its support for MetaTrader platforms and high leverage makes it ideal for tech-savvy retail traders. EasyMarkets (score 3.4/5) is suited for beginners or those who prioritize risk management with fixed spreads and guaranteed stop-loss. Both brokers accept Indian clients, but neither is regulated by SEBI, so you must trade responsibly. If you trade frequently and value low spreads, choose FBS. If you prefer simplicity and safety features, choose EasyMarkets.