FXCM vs EasyMarkets: Philippines Broker Comparison 2026
Which broker is better for Philippines traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Philippines Traders
For Philippines traders looking to trade forex online, choosing between FXCM and EasyMarkets is a common dilemma. Both brokers are well-known globally and accept Filipino clients, but they cater to different needs. FXCM, with a score of 3.5/5, is a veteran broker offering tight spreads, advanced charting, and robust execution, making it ideal for active traders. EasyMarkets, scoring 3.4/5, focuses on simplicity and mobile trading, with fixed spreads and no slippage—perfect for beginners and those who trade on the go. In the Philippines, where mobile-first trading is popular and OFW remittance investors often seek accessible platforms, both brokers support local payment methods like GCash, PayMaya, Bank Transfer, and USDT. While neither is directly regulated by the SEC Philippines, they operate under reputable international licenses, ensuring a safe trading environment. This comparison will help you decide which broker aligns with your trading style and local needs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| 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 Philippines traders, FXCM typically offers lower variable spreads, especially on major forex pairs like EUR/USD (from 1.0 pips) and USD/JPY. This benefits active traders who trade larger volumes. EasyMarkets uses fixed spreads (e.g., 1.5 pips on EUR/USD), which are more predictable but slightly higher. For Filipino traders who trade frequently, FXCM’s lower spreads can significantly reduce costs over time. However, EasyMarkets’ fixed spreads protect against market volatility, which is useful during news events. Both brokers have no hidden fees, but FXCM charges a small commission on certain account types. Overall, cost-conscious traders in the Philippines should lean toward FXCM for better value on high-volume trading.
Account Types Comparison
| 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 |
Leverage Comparison - Philippines Traders
| Entity / Asset | FXCM | EasyMarkets |
|---|---|---|
| Philippines (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 |
Trading Instruments - Assets Available
| 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 |
Platforms Comparison
| Platform | FXCM | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FXCM offers the industry-standard MetaTrader 4 (MT4) and its proprietary Trading Station, both available on desktop and mobile. The mobile app is robust but may feel complex for beginners. EasyMarkets provides a proprietary web-based platform and a highly intuitive mobile app designed for mobile-first traders—common in the Philippines. EasyMarkets’ platform features one-click trading, risk management tools like dealCancellation, and a clean interface. For OFW remittance investors who trade on their phones during breaks, EasyMarkets wins on simplicity. For advanced charting and automation, FXCM is the better choice.
Execution Quality - Speed & Slippage
| 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 and no requotes, making it suitable for scalpers and high-frequency traders. EasyMarkets uses a market maker model with fixed spreads and guaranteed execution, meaning no slippage even during volatile markets. For Philippines traders, FXCM’s execution is faster and more transparent, while EasyMarkets provides predictability. If you trade during Asian sessions, both perform well, but FXCM has an edge in speed.
Regulation & Safety for Philippines Traders
| 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, offering strong client protection with negative balance protection and segregated accounts. EasyMarkets is regulated by CySEC, ASIC, and the FSA (Seychelles), with similar safeguards. Neither broker is directly regulated by the SEC Philippines, but they comply with international standards. For Philippines traders, this means your funds are held separately and you have access to dispute resolution. However, you should verify that you are using their international entities to avoid local regulatory issues. Both brokers are considered safe for Filipino clients.
Deposits & Withdrawals for Philippines
| 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) |
Both FXCM and EasyMarkets offer excellent deposit and withdrawal options for Philippines traders. You can fund your account using GCash, PayMaya, Bank Transfer, and USDT (cryptocurrency). FXCM supports instant deposits via GCash and PayMaya with no fees, and bank transfers take 1-3 business days. Withdrawals are processed within 24 hours for e-wallets and 2-5 days for bank transfers. EasyMarkets also accepts GCash, PayMaya, and bank transfers, with a low minimum deposit of $25 (approx. PHP 1,400). USDT deposits are supported by both, offering a fast, low-cost option for Filipino users. This flexibility makes both brokers highly accessible for local traders.
Islamic Accounts - Swap-Free for Philippines Muslims
| 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 |
For Philippines Muslim traders, both FXCM and EasyMarkets offer Islamic (swap-free) accounts that comply with Sharia law. FXCM provides swap-free accounts upon request, with no interest on overnight positions, but this may only be available for certain account types. EasyMarkets offers automatic swap-free accounts for eligible clients, with no additional documentation required. Both brokers ensure that Muslim traders can trade without violating Islamic principles. If you are a Filipino Muslim trader, EasyMarkets is slightly more convenient due to its automatic provision, but FXCM is equally reliable once the account is set up.
Customer Support Comparison
| 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 English as the primary language. Response times are fast, but there is no dedicated Philippines hotline. EasyMarkets provides 24/5 support with live chat, email, and phone, and also offers a callback service. Both brokers have comprehensive FAQ sections. For Philippines traders, EasyMarkets’ simpler platform may reduce the need for support, but FXCM’s support is equally responsive. Neither offers local language support in Tagalog.
Mobile App Comparison
| 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 |
Education & Research Tools
| Resource | FXCM | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXCM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXCM
EasyMarkets
Who Should Use Which Broker? - Philippines Guide
Choose FXCM if you...
- Are an active trader who needs tight spreads and fast execution
- Want to use advanced tools like MetaTrader 4 or automated trading
- Trade larger volumes and want to minimize costs
- Prefer a broker with a long-established reputation and global regulation
Choose EasyMarkets if you...
- Are a beginner or mobile-first trader in the Philippines
- Want fixed spreads and no slippage for predictable costs
- Prefer a simple, intuitive platform with one-click trading
- Value risk management features like dealCancellation and free guaranteed stop-loss
FAQ - FXCM vs EasyMarkets in Philippines
Final Verdict - Philippines 2026
For Philippines traders, the choice between FXCM and EasyMarkets depends on your trading style. FXCM (3.5/5) is the better option for active, cost-conscious traders who need low spreads and advanced platforms. It supports local deposits via GCash, PayMaya, Bank Transfer, and USDT, making it easy to fund your account. EasyMarkets (3.4/5) excels for beginners and mobile-first users, offering fixed spreads, no slippage, and a user-friendly mobile app. Both are safe and regulated, though not by SEC Philippines directly. If you trade frequently and value low costs, go with FXCM. If you want simplicity and predictability, choose EasyMarkets. Ultimately, both brokers serve Filipino traders well, but FXCM has a slight edge for serious traders.