Which broker is better for Zambia traders in 2026? Expert analysis across 12 categories.
Choosing between Forex.com and EasyMarkets as a Zambia trader in 2025 means comparing two well-established brokers with identical overall scores of 3.4/5. Both brokers accept local deposit methods popular in Zambia, including Bank Transfer, Skrill, Neteller, and USDT TRC20, making it easy to fund accounts in USD. However, their trading conditions differ significantly. Forex.com is known for its deep liquidity and tight spreads from 0.0 pips on major pairs, appealing to active traders who need low-cost execution. EasyMarkets, on the other hand, offers fixed spreads and a more beginner-friendly platform, with built-in risk management tools like dealCancellation. For Zambia traders, the choice comes down to whether you prioritize raw spreads and advanced tools (Forex.com) or simplicity and predictable costs (EasyMarkets). Both brokers are regulated by top-tier authorities, but neither is directly licensed by the local financial regulator, so you trade under international entities. This comparison breaks down spreads, platforms, deposit options, and regulatory protection to help you decide which broker fits your trading style in Zambia.
| 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 Zambia traders, trading costs are a key differentiator. Forex.com offers a Raw Pricing account with spreads from 0.0 pips on EUR/USD and a commission of $7 per round lot. The Standard account has spreads from 1.0 pips with no commission. EasyMarkets uses fixed spreads, typically 1.2 pips on EUR/USD, with no commission. If you trade high volumes (e.g., 10+ lots per month), Forex.com’s lower spreads can save you significant money. For smaller traders, EasyMarkets’ fixed spreads provide cost certainty without worrying about spread widening during volatile news events. Both brokers accept USD accounts, so Zambia traders avoid currency conversion fees.
| 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 |
|---|---|---|
| Zambia (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 popular MetaTrader 4 and MetaTrader 5 platforms, plus its proprietary web and mobile platforms with advanced charting and automated trading. EasyMarkets offers its own web-based platform and mobile app, which is intuitive and includes unique features like dealCancellation (allowing you to cancel a losing trade within 60 minutes) and free guaranteed stop-loss orders. For Zambia traders who value advanced analysis and EA trading, Forex.com’s MT4/MT5 support is a strong advantage. Beginners or those who prefer a simpler, all-in-one platform may find EasyMarkets’ interface more accessible.
| 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 access to multiple liquidity providers, resulting in fast execution and minimal requotes. EasyMarkets uses a market maker model with fixed spreads, which can offer more consistent execution but may have occasional slippage during volatile markets. For Zambia traders who trade news events or use scalping strategies, Forex.com’s NDD execution is preferable. EasyMarkets is better for traders who value price certainty over speed.
| 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), CFTC (US), and ASIC (Australia). EasyMarkets is regulated by CySEC (Cyprus), ASIC, and the FSA (Seychelles). Neither broker holds a license from the local financial regulator in Zambia. This means Zambia traders are protected under the regulatory framework of the entity they open an account with—for example, FCA protection offers up to £85,000 compensation. While this is robust, it is not Zambian-specific. Traders should verify the specific entity they choose and understand that local Zambian laws do not directly govern these brokers.
| 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) |
Zambia traders can fund their accounts at both Forex.com and EasyMarkets using Bank Transfer, Skrill, Neteller, and USDT TRC20—all widely used in the country. Forex.com also accepts credit/debit cards, PayPal, and wire transfers. EasyMarkets additionally supports UnionPay and local bank transfers in select African countries. USDT TRC20 deposits are particularly attractive for Zambia traders because they are processed instantly with very low fees. Withdrawals at both brokers are processed within 1-2 business days for e-wallets and USDT, while bank transfers may take 2-5 business days. Neither broker charges deposit fees, but EasyMarkets covers withdrawal fees on certain methods. Minimum deposits are $100 at Forex.com and $50 at EasyMarkets, making EasyMarkets more accessible for beginners.
| 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 Zambia Muslim traders who need to comply with Sharia law. EasyMarkets provides Islamic accounts on request for all account types, with no swap fees on overnight positions. Forex.com also offers swap-free accounts but availability depends on the entity and account type; Zambia traders should confirm eligibility before opening. Both brokers ensure no interest is charged or paid, aligning with Islamic finance principles. EasyMarkets is more straightforward in offering this account without additional conditions.
| 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 customer support via live chat, email, and phone, with multilingual agents. EasyMarkets provides 24/5 support through live chat, email, and phone, plus a callback service. For Zambia traders, both brokers offer English-language support. EasyMarkets has a slight edge with its callback feature, which can be more convenient for traders in different time zones. Response times are generally under 5 minutes for live chat at both brokers.
| 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 Zambia traders in 2025, both Forex.com and EasyMarkets are solid choices, but the best pick depends on your trading style. Forex.com wins for active traders with its tight spreads, MT4/MT5 support, and deep liquidity. EasyMarkets is ideal for beginners or those who value simplicity, fixed costs, and built-in risk protection. Both brokers accept Bank Transfer, Skrill, Neteller, and USDT TRC20, so funding is convenient. Since neither is regulated by the local financial regulator, you rely on international oversight—Forex.com’s FCA regulation offers stronger compensation protection. If you trade frequently, Forex.com’s lower spreads will save you money. If you want a hassle-free experience with no surprises, EasyMarkets is the better fit. Consider your volume, platform preference, and risk tolerance before deciding.