Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Chile, choosing between Forex.com and EasyMarkets depends on your trading style and priorities. Both brokers score 3.4/5 overall but cater to different needs. Forex.com, regulated by the FCA and CFTC, offers deep liquidity and tight spreads on over 80 currency pairs, including USD/CLP. EasyMarkets, regulated by CySEC and ASIC, stands out with its fixed spreads, guaranteed stop-loss, and user-friendly web platform. Chile traders can fund accounts via Bank Transfer or Credit Card in CLP-equivalent amounts, making both accessible. However, Forex.com is better for high-volume traders seeking low costs, while EasyMarkets appeals to those who value risk management and simplicity. This comparison covers spreads, platforms, regulation, and deposit methods specifically for Chile residents.
| Instrument | Forex.com | 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 | $100 | $25 | Forex.com |
For Chile traders, trading costs are critical. Forex.com offers variable spreads from 0.0 pips on its RAW account, with a commission of $5 per lot round-turn. This is ideal for experienced traders trading large volumes of USD/CLP or EUR/USD. EasyMarkets uses fixed spreads, typically 1.2 pips on EUR/USD, with no commission. While Forex.com's spreads are lower overall, EasyMarkets' fixed model protects against spread widening during Chile's volatile economic announcements. For a Chile trader trading 10 lots per month, Forex.com may save $50-$100 in spreads compared to EasyMarkets, but the latter offers predictable costs.
| Account Type | Forex.com | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $25 |
| Entity / Asset | Forex.com | EasyMarkets |
|---|---|---|
| Chile (offshore) | Up to 1:50 | Up to 1:2000 |
| Forex major pairs | 1:50 | 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 | Forex.com | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Forex.com |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Forex.com |
| Crypto CFDs | 30+ | 20+ | Forex.com |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Forex.com | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Forex.com provides the powerful MT4, MT5, and its own proprietary platform, all with advanced charting and automated trading capabilities. This suits experienced Chile traders who need indicators and EAs. EasyMarkets offers a proprietary web platform and mobile app, known for its simplicity and built-in risk tools like dealCancellation. For Chile traders who prefer quick execution and ease of use, EasyMarkets is more intuitive, while Forex.com is better for technical analysis and algorithmic trading.
| Factor | Forex.com | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Forex.com |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✗ | Tie |
Forex.com uses No Dealing Desk (NDD) execution with ECN/STP technology, offering low latency and no requotes, ideal for experienced Chile traders using scalping or EAs. EasyMarkets uses market execution with guaranteed stop-loss and no slippage, which is beneficial during volatile sessions. For Chile traders trading USD/CLP during economic releases, EasyMarkets’ execution provides certainty, while Forex.com offers better speed and fills for high-frequency strategies.
| Safety Factor | Forex.com | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Forex.com is regulated by top-tier authorities: FCA (UK), CFTC (US), and ASIC (Australia). While not directly regulated by CMF Chile, its oversight provides strong fund segregation and compensation schemes. EasyMarkets is regulated by CySEC (Cyprus) and ASIC, with negative balance protection. For Chile traders, both brokers offer adequate security, but Forex.com's FCA regulation is considered more robust. However, neither broker holds a CMF Chile license, so traders should verify local legal requirements.
| Payment Method | Forex.com | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 to 3 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) |
Chile traders can fund Forex.com via Bank Transfer (1-3 business days, free) and Credit Card (instant, 2.5% fee). EasyMarkets also accepts Bank Transfer and Credit Card, with Credit Card deposits being free and instant. Withdrawals at Forex.com are processed via Bank Transfer (1-3 days) and Credit Card (up to 5 days), while EasyMarkets offers faster withdrawals via Credit Card (1-2 days) and Bank Transfer (2-5 days). Minimum deposits are $100 at Forex.com and $25 at EasyMarkets, making EasyMarkets more accessible for smaller accounts. Both brokers support CLP-equivalent deposits, but funds are converted to USD at their rates.
| Islamic Account Feature | Forex.com | 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 Forex.com and EasyMarkets offer Islamic (swap-free) accounts for Chile Muslim traders. Forex.com provides swap-free status upon request via customer support, applicable to all account types. EasyMarkets automatically applies swap-free conditions on all accounts, with no additional request needed. These accounts ensure no overnight interest is charged or credited, aligning with Sharia law. Chile traders should note that swap-free accounts may have limited trading instruments or holding periods, so check terms before opening.
| Support Feature | Forex.com | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Forex.com |
Forex.com offers 24/5 multilingual support via live chat, email, and phone, with a dedicated team for Latin America. EasyMarkets provides 24/5 support in English and Spanish via live chat and email, with faster response times for live chat. For Chile traders, EasyMarkets’ Spanish support is more accessible, though Forex.com’s phone support is more reliable for complex issues.
| Mobile Feature | Forex.com | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Forex.com |
| Google Play rating | 4.3 stars | 4.2 stars | Forex.com |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Forex.com | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Forex.com |
Choose Forex.com if you...
Choose EasyMarkets if you...
For experienced Chile traders, the choice between Forex.com and EasyMarkets depends on trading style. Forex.com is the better option for those who trade high volumes and need low spreads, advanced platforms, and robust regulation. EasyMarkets is ideal for traders who prioritize risk management, simplicity, and predictable costs. Both support Bank Transfer and Credit Card deposits in CLP-equivalent amounts, but EasyMarkets offers a lower barrier to entry. While neither broker is regulated by CMF Chile, both operate under reputable international bodies. Consider your volume, strategy, and risk tolerance before deciding. For most experienced Chile traders, Forex.com offers better long-term value, but EasyMarkets is a strong alternative for risk-averse traders.