Which broker is better for Chile traders in 2026? Expert analysis across 12 categories.
For experienced retail traders in Chile, choosing between FXCM and EasyMarkets requires careful consideration of trading costs, platform features, and local payment options. Both brokers accept Chile traders and support Bank Transfer and Credit Card deposits in CLP (Chilean Peso), making them accessible for local users. FXCM, with a score of 3.5/5, is known for its advanced trading platforms and deep liquidity, appealing to high-volume traders. EasyMarkets, scoring 3.4/5, offers fixed spreads and a user-friendly interface, ideal for those who prefer predictable costs. Neither broker is directly regulated by the CMF Chile, but they operate under reputable international regulators. This comparison focuses on key factors for Chile traders: spread costs, deposit methods, and platform suitability for experienced traders in the Chilean market.
| Instrument | FXCM | 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 | $50 | $25 | EasyMarkets |
For Chile traders, trading costs are a critical factor. FXCM offers variable spreads starting from 0.2 pips on major pairs like EUR/USD, with commissions on certain account types. This is beneficial for experienced traders executing large volumes. EasyMarkets provides fixed spreads averaging 1.2 pips on major pairs, with no commissions, making costs predictable. For Chile traders trading USD/CLP or other Latin American pairs, FXCM's variable spreads can be lower during high liquidity hours, while EasyMarkets' fixed spreads protect against widening during volatile sessions. Volume impact: FXCM's cost advantage grows with trade size, while EasyMarkets is simpler for smaller traders.
| Account Type | FXCM | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $50 | $25 |
| Entity / Asset | FXCM | EasyMarkets |
|---|---|---|
| Chile (offshore) | Up to 1:400 | Up to 1:2000 |
| Forex major pairs | 1:400 | 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 | FXCM | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXCM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXCM |
| Crypto CFDs | ✗ | 20+ | FXCM |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXCM | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FXCM offers Trading Station, MetaTrader 4, and NinjaTrader, providing advanced charting, automated trading, and algorithmic capabilities. This suits experienced Chile traders who need sophisticated tools. EasyMarkets provides its proprietary web-based platform and mobile app, which are intuitive and include risk management features like dealCancellation. For Chile traders, FXCM's platform variety supports complex strategies, while EasyMarkets' simplicity appeals to those who prioritize ease of use. Both platforms are available in Spanish, enhancing accessibility for local traders.
| Factor | FXCM | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | FXCM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FXCM offers No Dealing Desk (NDD) execution with low latency, suitable for high-frequency trading by experienced Chile traders. EasyMarkets uses a market maker model with fixed spreads, providing consistent execution but potential requotes during volatile markets. For Chile traders, FXCM is better for scalping and news trading, while EasyMarkets suits those who prioritize stability.
| Safety Factor | FXCM | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXCM is regulated by the FCA (UK), ASIC (Australia), and CySEC (Cyprus), while EasyMarkets is regulated by CySEC, ASIC, and the FSA (Seychelles). Neither broker is directly supervised by the CMF Chile, which means Chile traders rely on international regulatory protections. FXCM's FCA regulation offers strong investor protection, including negative balance protection. EasyMarkets' CySEC regulation provides similar safeguards under EU standards. For Chile traders, this means due diligence is required, but both brokers have a solid reputation for safety.
| Payment Method | FXCM | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Internal Processing: FXCM reviews and processes requests in 1–2 business days.Credit or Debit Card: Arrives within 5 business days, though statements can take up to 1 billing cycle to update.Domestic Bank Wire: Arrives in 1–2 business days after processing.International Bank Wire: Arrives in 3–5 business days after processing. | 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 deposit and withdraw using Bank Transfer and Credit Card at both brokers. FXCM supports deposits in CLP via conversion to USD, with a minimum of $50 USD. Bank Transfers typically take 1-3 business days, while Credit Card deposits are instant. Withdrawals are processed within 1-2 business days, with fees varying by method. EasyMarkets requires a $100 USD minimum deposit and offers similar processing times. For Chile traders, Credit Card deposits are the fastest option, while Bank Transfers are suitable for larger amounts. Both brokers do not charge deposit fees, but bank intermediary fees may apply for CLP conversions.
| Islamic Account Feature | FXCM | 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 FXCM and EasyMarkets offer Islamic (swap-free) accounts for Chile traders who require Sharia-compliant trading. EasyMarkets provides swap-free accounts on all account types with no additional fees, making it straightforward for Muslim traders in Chile. FXCM offers Islamic accounts upon request, but may impose restrictions on holding periods or charge administrative fees after a certain period. For Chile traders seeking long-term halal trading, EasyMarkets' policy is more accommodating.
| Support Feature | FXCM | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXCM |
FXCM provides 24/5 customer support via live chat, email, and phone, with Spanish language support available. EasyMarkets offers 24/5 support through live chat, email, and phone, also in Spanish. Both brokers have responsive teams, but FXCM's support is slightly faster for technical issues. Chile traders can expect assistance in their local time zone.
| Mobile Feature | FXCM | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXCM |
| Google Play rating | 4.3 stars | 4.2 stars | FXCM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | FXCM |
| Resource | FXCM | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXCM |
Choose FXCM if you...
Choose EasyMarkets if you...
For Chile traders, the choice between FXCM and EasyMarkets depends on trading style and priorities. FXCM (3.5/5) is better for experienced traders who need advanced platforms, lower variable spreads, and high-volume execution. EasyMarkets (3.4/5) suits those who prefer fixed spreads, simplicity, and Islamic accounts. Both accept Bank Transfer and Credit Card deposits in CLP, making them accessible locally. However, neither is regulated by the CMF Chile, so traders should consider international protections. If you trade frequently and need powerful tools, choose FXCM. If you value predictability and ease, EasyMarkets is a solid alternative.