Which broker is better for Togo traders in 2026? Expert analysis across 12 categories.
Togo traders looking for a reliable forex broker in 2025 often compare FBS and EasyMarkets. FBS, with a 3.7/5 rating, is known for low spreads, high leverage up to 1:3000, and a wide range of account types suited for retail traders. EasyMarkets, rated 3.4/5, offers fixed spreads, guaranteed stop-loss, and a user-friendly platform for beginners. Both brokers accept Togo residents and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. However, regulation differs: FBS is licensed by IFSC, while EasyMarkets holds CySEC and ASIC licenses. For Togo traders, choosing between them depends on trading style, cost sensitivity, and risk tolerance. This comparison breaks down key factors to help you decide.
| 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 Togo traders, trading costs are a major consideration. FBS offers variable spreads starting from 0.1 pips on its Zero account, with a commission of $6 per lot. EasyMarkets provides fixed spreads from 1.0 pips with no commission. On a standard lot of EUR/USD, FBS costs about $1 per side, while EasyMarkets costs $10 per side. Over 100 trades per month, FBS saves Togo traders approximately $900 in spreads. High-volume traders benefit significantly from FBS's lower variable spreads, while EasyMarkets is better for those who prefer predictable costs.
| 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 |
|---|---|---|
| Togo (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 | ✓ | ✓ |
FBS offers MetaTrader 4 and MetaTrader 5, which are industry-standard platforms with advanced charting tools, automated trading via Expert Advisors, and mobile apps. EasyMarkets provides its proprietary web platform and mobile app, which are simpler and more intuitive for beginners. For Togo traders who use algorithmic strategies or want deep analysis, FBS is preferable. EasyMarkets’ platform includes built-in risk management tools like deal cancellation, which can be useful for retail traders in Togo who want extra protection.
| 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 minimal slippage. EasyMarkets uses market maker execution, which can result in requotes during high volatility. For Togo traders trading news events or scalping, FBS provides better execution quality. EasyMarkets’ guaranteed stop-loss is a unique feature that protects against slippage, but it comes at the cost of wider spreads.
| 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 (Cyprus) and ASIC (Australia). Neither broker is directly regulated by the local financial regulator in Togo, meaning traders do not have local investor protection. However, EasyMarkets’ CySEC regulation offers negative balance protection and access to the Investor Compensation Fund for EU clients, though Togo traders may not be covered. FBS operates under IFSC, which has lighter oversight. Togo traders should consider this when choosing, especially for large deposits.
| 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) |
Togo traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. FBS also supports local mobile money options like MTN Mobile Money and Moov, which are widely used in Togo. EasyMarkets focuses on e-wallets and crypto but does not offer direct mobile money. Deposits via USDT TRC20 are instant with zero fees, while Bank Transfers take 1-3 business days and may incur bank charges. Withdrawals at FBS are processed within 24 hours for e-wallets and crypto, while EasyMarkets takes 1-2 days. FBS has a slight edge for Togo traders due to mobile money support and faster crypto withdrawals.
| 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 Togo. FBS provides Islamic accounts on all account types (Standard, Cent, Zero, ECN) with no swap charges on overnight positions. EasyMarkets offers Islamic accounts on request, with the same fixed spreads and no swap fees. However, EasyMarkets may charge an administrative fee if positions are held open for more than 10 days. FBS is more flexible for long-term traders in Togo who follow Sharia law, as it has no time limit on swap-free status.
| 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 multilingual customer support via live chat, email, and phone, with agents available in English and French, which is beneficial for Togo traders. EasyMarkets provides 24/5 support in English, with live chat and email. Response times are similar, but FBS has an edge with French language support and weekend availability, which is useful for traders in Togo who trade outside standard hours.
| 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 Togo traders, FBS is the better choice overall due to its higher score (3.7 vs 3.4), lower spreads, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Its ECN execution and MetaTrader platforms suit active traders, while French support is a plus. EasyMarkets is a solid alternative for beginners or risk-averse traders who prefer fixed costs and guaranteed stop-loss. However, its higher spreads and lack of mobile money support make it less competitive for Togo. Consider your trading style and whether local financial regulator oversight matters to you. FBS edges ahead for most retail traders in Togo.