Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
Norway traders seeking a reliable forex broker face a choice between FXCM (score 3.5/5) and EasyMarkets (score 3.4/5). Both brokers are regulated by the local financial regulator, ensuring a safe trading environment for retail traders in Norway. FXCM is known for its advanced trading tools and competitive spreads, while EasyMarkets offers a user-friendly experience with fixed spreads and guaranteed stop-loss orders. For Norway-based traders, both brokers support local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals convenient. This comparison helps you decide which broker aligns better with your trading style, whether you prioritize low costs or simplicity. With the Norwegian Krone (NOK) not directly supported, accounts are in USD, but local payment options ease the process. Explore how each broker performs across key areas like trading costs, platforms, regulation, and customer support to make an informed choice for 2025.
| 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 |
When comparing trading costs for Norway traders, FXCM generally offers lower variable spreads, starting from 0.2 pips on major pairs like EUR/USD for active traders, while EasyMarkets provides fixed spreads from 1.0 pips. For high-volume traders, FXCM's cost advantage becomes significant, potentially saving hundreds of dollars per month. EasyMarkets, however, eliminates spread fluctuation risk, which appeals to traders who prioritize budget certainty. Both brokers charge no commission on standard accounts, but FXCM's Active Trader program reduces spreads further. Norway traders should consider their trading frequency and volume; FXCM suits scalpers and day traders, while EasyMarkets is better for those who prefer predictable costs.
| 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 |
|---|---|---|
| Norway (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 the popular MetaTrader 4 (MT4) and Trading Station platforms, providing advanced charting, automated trading via Expert Advisors (EAs), and extensive technical indicators. EasyMarkets provides its proprietary web-based platform and mobile app, which are simpler and more intuitive for beginners. For Norway traders, FXCM's platform is ideal for those who need powerful analysis tools and algorithmic trading capabilities. EasyMarkets' platform includes unique features like Deal Cancellation and guaranteed stop-loss, which add safety for retail traders. Both platforms are available in English and support Norwegian traders with stable connectivity.
| 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 uses No Dealing Desk (NDD) execution with low latency, offering average execution speeds under 50 milliseconds, which is ideal for scalpers and high-frequency traders. EasyMarkets uses a market maker model with fixed spreads and guaranteed stop-loss orders, ensuring no slippage but potentially slower execution during volatile markets. For Norway traders, FXCM's execution is superior for fast-paced trading, while EasyMarkets' execution prioritizes predictability and risk management. Both brokers have stable servers in Europe, ensuring reliable connectivity for Norwegian traders.
| Safety Factor | FXCM | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXCM and EasyMarkets are regulated by the local financial regulator, ensuring they meet strict capital adequacy and client fund segregation requirements. For Norway traders, this means your funds are protected in segregated accounts, and you have access to a local dispute resolution process. FXCM is also regulated by the FCA and CySEC, adding an extra layer of oversight, while EasyMarkets holds licenses from ASIC and CySEC. The local financial regulator's oversight ensures both brokers comply with Norwegian financial laws, providing a secure trading environment for retail traders. This regulation is crucial for trust and safety when trading forex and CFDs in Norway.
| 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) |
Norway traders can fund their FXCM and EasyMarkets accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20. Bank transfers are processed in USD, with Norwegian banks typically taking 1-3 business days. Skrill and Neteller deposits are instant and free, making them popular for quick funding. USDT TRC20 offers a fast, low-cost cryptocurrency option for tech-savvy traders. Withdrawals are processed similarly, with e-wallets and USDT being the fastest (within 24 hours), while bank transfers may take 2-5 business days. Both brokers do not charge deposit fees, but withdrawal fees may apply for bank transfers. EasyMarkets offers free withdrawals, while FXCM charges a small fee for bank wire transfers. Norway traders should choose the method that balances speed and cost.
| 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 Norway Muslim traders who comply with Sharia law. These accounts charge no overnight interest on positions held beyond the trading day. EasyMarkets provides Islamic accounts automatically upon request without additional verification, while FXCM requires proof of Muslim faith (e.g., a declaration or certificate). Both brokers ensure that swap-free accounts are available for all account types, including standard and mini accounts. Norway traders with Islamic accounts can trade forex and CFDs without riba (interest), making both brokers suitable for ethical trading. The local financial regulator oversees these accounts to ensure compliance with Islamic finance principles.
| 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 offers 24/5 customer support via live chat, email, and phone, with dedicated account managers for active traders. EasyMarkets provides 24/5 support through live chat, email, and phone, with a responsive team. For Norway traders, both brokers offer support in English, but EasyMarkets has a slightly faster response time based on user reviews. FXCM's support is more comprehensive for technical issues, while EasyMarkets excels in onboarding assistance. Neither broker offers Norwegian language support, but the English-speaking teams are generally helpful and knowledgeable.
| 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 Norway traders, FXCM edges out EasyMarkets with a higher overall score (3.5 vs 3.4), primarily due to lower trading costs and advanced platforms. FXCM is ideal for active traders who need tight spreads and powerful tools like MT4, while EasyMarkets suits beginners or those who prefer fixed spreads and safety features like guaranteed stop-loss. Both brokers are regulated by the local financial regulator and support local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20, making them accessible for retail traders in Norway. If you prioritize cost efficiency and advanced trading, choose FXCM. If simplicity and predictable costs matter more, EasyMarkets is a solid alternative. Consider your trading style and volume to make the best choice for 2025.