Forex.com vs EasyMarkets for Mongolia Traders (2026)
Which broker is better for Mongolia traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Mongolia Traders
For Mongolia traders in 2025, choosing between Forex.com and EasyMarkets is a common dilemma. Both brokers score a solid 3.4/5, but they cater to different trading styles. Forex.com is a global giant with deep liquidity, advanced tools, and competitive spreads. EasyMarkets is known for its user-friendly platform, fixed spreads, and innovative risk management tools like deal cancellation. Mongolia traders benefit from local payment methods such as Bank Transfer, QPay, and USDT, making deposits and withdrawals convenient. The Financial Regulatory Commission (FRC) Mongolia does not directly regulate these brokers, but both hold licenses from respected authorities like the FCA and ASIC. This comparison focuses on what matters most to emerging retail traders in Mongolia: cost, ease of use, and local support.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| 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 Mongolia traders, trading costs can significantly impact profitability, especially with the MNT's volatility. Forex.com offers variable spreads starting from 0.0 pips on major pairs like EUR/USD with a commission of $7 per lot. This is ideal for high-volume traders. EasyMarkets uses fixed spreads, which for EUR/USD are around 1.2 pips, with no commission. While Forex.com can be cheaper for frequent traders, EasyMarkets provides cost certainty. For a Mongolia trader executing 10 lots per month, Forex.com may save up to $50 in spreads compared to EasyMarkets. However, EasyMarkets’ fixed spreads protect against spread widening during news events.
Account Types Comparison
| 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 |
Leverage Comparison - Mongolia Traders
| Entity / Asset | Forex.com | EasyMarkets |
|---|---|---|
| Mongolia (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 |
Trading Instruments - Assets Available
| 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 |
Platforms Comparison
| Platform | Forex.com | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Forex.com offers the powerful MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary Web Trader platform. These platforms feature advanced charting, automated trading, and custom indicators. EasyMarkets provides its own intuitive web platform and mobile app, which are simpler and faster to learn. For Mongolia traders who are new to forex, EasyMarkets’ platform is more accessible. Experienced traders who need advanced tools will prefer Forex.com. Both platforms are available in English, and mobile apps work well on local internet connections.
Execution Quality - Speed & Slippage
| 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 offers DMA (Direct Market Access) with low latency execution, ideal for scalpers and day traders. EasyMarkets uses a market maker model with fixed spreads and guaranteed stop-loss orders. For Mongolia traders, Forex.com’s execution is faster and more transparent. EasyMarkets’ execution is reliable but may have slight requotes during volatile markets. Both brokers have no requotes policy under normal conditions. Forex.com’s execution quality is better for high-frequency trading, while EasyMarkets suits traders who prioritize risk management.
Regulation & Safety for Mongolia Traders
| 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 including the FCA (UK), ASIC (Australia), and CFTC (US). EasyMarkets is regulated by CySEC (Cyprus), ASIC, and the FSA (Seychelles). Neither broker is regulated by the FRC Mongolia, but they adhere to strict international standards. For Mongolia traders, this means client funds are segregated and negative balance protection is offered. Forex.com’s FCA regulation provides additional protection under the UK’s Financial Services Compensation Scheme. EasyMarkets’ CySEC regulation offers similar safeguards under the EU’s investor compensation scheme. Both are considered safe for Mongolia traders.
Deposits & Withdrawals for Mongolia
| 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) |
Mongolia traders have several deposit and withdrawal options at both brokers. Forex.com accepts Bank Transfer and USDT (Tether) deposits. EasyMarkets also accepts Bank Transfer and USDT, plus QPay, a popular local mobile payment system in Mongolia. Minimum deposit at Forex.com is $100, while EasyMarkets requires only $25. Withdrawals are processed within 1-2 business days for both brokers. USDT deposits are particularly fast, often credited within minutes. Bank Transfers may take 2-5 business days. EasyMarkets’ support for QPay gives it an edge for Mongolia traders who prefer local payment methods. Neither broker charges deposit fees, but withdrawal fees may apply for Bank Transfers.
Islamic Accounts - Swap-Free for Mongolia Muslims
| 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 Mongolia Muslim traders. These accounts comply with Sharia law by eliminating swap or interest charges on overnight positions. Forex.com requires a declaration of faith and the account is available for all account types. EasyMarkets offers Islamic accounts with a simple request process and no additional documentation. For Mongolia traders, EasyMarkets’ straightforward approach may be more convenient. Both brokers ensure that swap-free accounts do not have hidden fees, though long-term holding may incur administration charges.
Customer Support Comparison
| 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 provides 24/5 customer support via live chat, email, and phone. Support is available in English, which most Mongolia traders can use. EasyMarkets offers 24/5 support as well, plus a callback service. EasyMarkets is known for faster response times, often under 30 seconds for live chat. For Mongolia traders, EasyMarkets’ support is slightly more accessible, especially for beginners. Both brokers have comprehensive FAQ sections on their websites.
Mobile App Comparison
| 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 |
Education & Research Tools
| 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 |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
Forex.com
EasyMarkets
Who Should Use Which Broker? - Mongolia Guide
Choose Forex.com if you...
- Want tighter spreads and lower trading costs for high-volume trading.
- Need advanced platforms like MT4/MT5 for automated trading.
- Prefer a broker with strong FCA regulation and a long track record.
- Are comfortable with a $100 minimum deposit and Bank Transfer/USDT deposits.
Choose EasyMarkets if you...
- Are a beginner looking for a simple platform and fixed spreads.
- Want to use QPay for deposits and withdrawals in Mongolia.
- Prefer a low minimum deposit of $25 to start trading.
- Value innovative tools like deal cancellation and guaranteed stop-loss.
FAQ - Forex.com vs EasyMarkets in Mongolia
Final Verdict - Mongolia 2026
Both Forex.com and EasyMarkets are solid choices for Mongolia traders in 2025. Forex.com wins on cost, platform power, and regulation depth, making it ideal for active traders. EasyMarkets excels in user-friendliness, local payment support (QPay, USDT), and risk management features. For emerging retail traders in Mongolia, EasyMarkets may be the better starting point due to its lower minimum deposit and local payment options. However, if you plan to trade frequently and need advanced tools, Forex.com offers better long-term value. Consider your trading style and deposit preferences when deciding. Both brokers are safe and reliable, even without direct FRC regulation.