Which broker is better for Pakistan traders in 2026? Expert analysis across 12 categories.
For Pakistan traders in 2025, choosing between FBS and EasyMarkets involves balancing high leverage, local payment convenience, and regulatory trust. FBS, with a score of 3.7/5, is a popular choice among retail traders in Pakistan due to its support for JazzCash, Easypaisa, and USDT TRC20 deposits, along with leverage up to 1:3000. EasyMarkets, scoring 3.4/5, offers a more regulated environment with CySEC and ASIC oversight, appealing to traders who prioritize safety and fixed spreads. Both brokers provide Islamic accounts, but FBS has a stronger local presence with dedicated customer support in Urdu and seamless integration with Pakistani payment systems. This comparison helps you decide based on your trading style, whether you prefer FBS's flexibility or EasyMarkets' stability.
| 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 Pakistan traders, FBS offers variable spreads starting from 0.1 pips on the Zero Spread account, while EasyMarkets has fixed spreads averaging 1.2 pips on major pairs. For a trader executing 10 lots per month, FBS can save up to $20 in spread costs compared to EasyMarkets. However, EasyMarkets charges no commission on standard accounts, while FBS has commission-based accounts for tighter spreads. For Pakistani traders using PKR, FBS's lower spreads are more advantageous for high-frequency trading, but EasyMarkets' fixed spreads provide cost certainty, which is useful during volatile market conditions.
| 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 |
|---|---|---|
| Pakistan (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 (MT4) and MetaTrader 5 (MT5), which are widely used by Pakistan traders for their advanced charting and automated trading capabilities. FBS also provides its own FBS Trader app for mobile trading, while EasyMarkets offers a proprietary web platform with risk management tools like dealCancellation. For Pakistan traders who rely on Expert Advisors (EAs), FBS's MT4/MT5 support is superior. EasyMarkets' platform is better for beginners seeking simplicity and built-in risk controls. Both platforms are available in Urdu language, but FBS has a more robust mobile experience for local 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 |
FBS uses a market execution model with average execution speed of 0.3 seconds, suitable for scalping and high-frequency trading. EasyMarkets uses a market maker model with execution speed of 0.5 seconds, but offers guaranteed stop-loss to prevent slippage. For Pakistan traders trading volatile pairs like USD/PKR, FBS's faster execution is beneficial for short-term strategies, while EasyMarkets' guaranteed stops provide safety during news events. Both brokers have no requotes, but FBS's ECN-like execution is preferred by active traders.
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FBS is regulated by the International Financial Services Commission (IFSC) of Belize, while EasyMarkets is regulated by CySEC, ASIC, and the FSA. For Pakistan traders, neither broker is regulated by the SECP, but EasyMarkets offers stronger investor protection through compensation schemes (up to €20,000 under CySEC). FBS provides a compensation fund of up to $20,000 but is less regulated. Pakistan traders should note that trading with unregulated brokers carries higher risk, but FBS's longer track record and local payment integration make it a trusted choice. EasyMarkets is better for those who prioritize regulatory safety over leverage.
| 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 Pakistan traders, FBS offers the most convenient deposit and withdrawal options, including JazzCash, Easypaisa, USDT TRC20, and Bank Transfer. Minimum deposit is $10 (approx. PKR 2,800), and withdrawals are processed within 24 hours for e-wallets. EasyMarkets accepts USDT TRC20 and bank transfers but does not support JazzCash or Easypaisa directly, requiring traders to use third-party e-wallets. FBS charges no deposit fees for local methods, while EasyMarkets may have bank transfer fees. For Pakistani traders seeking fast and low-cost transactions, FBS is the clear winner. USDT TRC20 is available on both, but FBS's integration with local mobile wallets is unmatched.
| 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 Muslim traders in Pakistan, complying with Sharia law by eliminating overnight interest. FBS provides Islamic accounts on all its account types, including Cent, Standard, and Zero Spread, with no swap fees on major forex pairs. EasyMarkets offers a dedicated Islamic account with no swap charges, but it is limited to standard accounts. FBS's wider range of Islamic account options allows Pakistani traders to choose the account that best fits their trading style, whether they prefer high leverage or low spreads. Both brokers require a simple request to activate the Islamic account, but FBS processes it faster.
| 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 customer support in Urdu, with live chat, email, and phone support, making it highly accessible for Pakistan traders. EasyMarkets provides 24/5 support in English, with live chat and email, but lacks dedicated Urdu support. FBS also has a local office presence in Pakistan, while EasyMarkets relies on international teams. For Pakistani traders who prefer local language assistance, FBS is the better choice.
| 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 Pakistan traders in 2025, FBS is the better overall choice due to its superior local payment integration (JazzCash, Easypaisa, USDT TRC20), higher leverage, and wider Islamic account options. It earns a 3.7/5 score compared to EasyMarkets' 3.4/5. While EasyMarkets offers stronger regulation and fixed spreads, its lack of local payment methods and Urdu support makes it less convenient for Pakistani users. FBS's direct support for PKR deposits via local mobile wallets and bank transfers gives it a clear edge. However, traders concerned with regulatory safety may prefer EasyMarkets, especially for larger accounts. Ultimately, FBS is the recommended broker for most retail traders in Pakistan seeking flexibility and low-cost access to forex trading.