Which broker is better for Zimbabwe traders in 2026? Expert analysis across 12 categories.
Zimbabwe traders looking for a reliable forex broker in 2025 often compare FBS and EasyMarkets. FBS, rated 3.7/5, is a global broker known for low spreads and flexible account types. EasyMarkets, rated 3.4/5, appeals to beginners with its user-friendly platform and fixed spreads. For Zimbabwe, both brokers accept local clients under the local financial regulator and support key payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. The local trading landscape is growing, with many retail traders seeking low-cost access to global markets. FBS offers tighter spreads and more account options, while EasyMarkets provides simplicity and risk management tools. This comparison helps Zimbabwe traders decide based on costs, platforms, and local support.
| 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 Zimbabwe traders, trading costs are critical. FBS offers spreads from 0.0 pips on its Zero account (plus commission) and 0.5 pips on Standard accounts. EasyMarkets has fixed spreads starting at 1.2 pips on EUR/USD, which are higher but predictable. On a $10,000 monthly volume, FBS costs around $10-20 in spreads, while EasyMarkets costs $120-150. FBS is cheaper for active traders, but EasyMarkets suits those who prefer fixed 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 |
|---|---|---|
| Zimbabwe (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 provides MetaTrader 4 and 5, popular in Zimbabwe for their advanced charting and automated trading. EasyMarkets offers its proprietary web platform and mobile app, which is simpler but lacks depth. For Zimbabwe traders, MT4/5 on FBS is better for technical analysis and EA use. EasyMarkets' platform is ideal for beginners who want a clean interface.
| 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 average speeds under 30ms, ideal for scalping. EasyMarkets uses market execution with no requotes, but speeds are slightly slower at around 50ms. For Zimbabwe traders, FBS offers better execution for high-frequency trading.
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FBS and EasyMarkets are regulated by the local financial regulator in Zimbabwe, ensuring legal operation. FBS also holds licenses from CySEC and FSC, while EasyMarkets is regulated by CySEC, ASIC, and FSCA. For Zimbabwe traders, local regulation means deposits are protected under local laws, and both brokers must follow strict anti-money laundering rules. Always check the regulator's list for updates.
| 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) |
Zimbabwe traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers. FBS has a low minimum deposit of $5 via e-wallets and $10 via bank transfer, with no fees on deposits. EasyMarkets requires a $100 minimum deposit, but offers fee-free withdrawals on most methods. USDT TRC20 deposits are processed instantly on both platforms. Withdrawals with FBS take 1-3 business days, while EasyMarkets processes within 24 hours for e-wallets. Bank transfers may take 3-5 days for both.
| 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 Zimbabwe. FBS provides swap-free accounts on all account types with no additional fees or time limits. EasyMarkets offers Islamic accounts on request, with no swaps on overnight positions, but may apply a small administrative fee after a certain period. Zimbabwe traders should confirm terms before opening.
| 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 similar support but with a focus on educational resources. For Zimbabwe, FBS's faster response is beneficial for urgent trading issues.
| 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 Zimbabwe traders in 2025, FBS is the better overall choice due to its lower spreads, flexible account types, and support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20. Its 3.7/5 rating reflects strong performance for active traders. EasyMarkets (3.4/5) is a solid option for beginners who prefer simplicity and fixed costs. Both are regulated by the local financial regulator, ensuring safety. If you trade actively, go with FBS; if you're new or want risk management tools, choose EasyMarkets.