Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
Norway traders looking for a reliable forex broker face a clear choice between FxOpen (rated 3.7/5) and EasyMarkets (rated 3.4/5). Both brokers accept Norwegian clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, which are popular among Norwegian retail traders. However, the two brokers differ significantly in trading costs, platform flexibility, and regulatory protection. FxOpen is known for its low spreads and ECN execution, making it ideal for active traders, while EasyMarkets offers a more beginner-friendly experience with fixed spreads and no slippage. This comparison focuses on what matters most to Norway traders: local deposit options, regulatory context, and cost efficiency in USD-denominated accounts. Neither broker is directly regulated by the local financial regulator, but both operate under reputable international licenses. Understanding these differences helps Norwegian traders choose the broker that best fits their trading style and risk appetite.
| Instrument | FxOpen | 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 | FxOpen |
For Norway traders, trading costs are a key differentiator between FxOpen and EasyMarkets. FxOpen offers raw spreads from 0.0 pips on its ECN accounts (plus a commission of $3.5 per lot), which is highly competitive for high-volume traders. EasyMarkets uses fixed spreads, typically around 1.2 pips for EUR/USD, with no commission. Over a month of active trading (e.g., 100 lots), FxOpen can save a Norwegian trader hundreds of dollars in spread costs. However, EasyMarkets’ fixed spreads provide predictability, which some retail traders prefer. Both brokers offer USD accounts, so Norway traders avoid EUR conversion fees. For cost-conscious traders, FxOpen is the clear winner.
| Account Type | FxOpen | 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 | FxOpen | EasyMarkets |
|---|---|---|
| Norway (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 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 | FxOpen | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxOpen |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxOpen |
| Crypto CFDs | ✗ | 20+ | FxOpen |
| Stocks / Share CFDs | 1,000+ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | FxOpen | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms favored by Norwegian traders. FxOpen also provides cTrader, which offers advanced charting and ECN depth for professional traders. EasyMarkets focuses on simplicity with its proprietary web platform and mobile app, plus MT4/MT5. For Norway traders who need fast execution and advanced tools, FxOpen’s cTrader is a strong advantage. EasyMarkets’ platform is better for beginners who value ease of use and built-in risk management tools like deal cancellation.
| Factor | FxOpen | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | FxOpen |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FxOpen offers ECN execution with no requotes and average execution speed under 40ms, ideal for scalpers and algorithmic traders in Norway. EasyMarkets uses market maker execution with fixed spreads and a unique 'no slippage' guarantee, which protects against negative slippage but may result in requotes during volatile periods. For high-frequency Norway traders, FxOpen’s execution is superior; for those prioritizing predictability, EasyMarkets is better.
| Safety Factor | FxOpen | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither FxOpen nor EasyMarkets is regulated by the local financial regulator in Norway. FxOpen is regulated by the FCA (UK) and CySEC (Cyprus), while EasyMarkets holds licenses from CySEC, ASIC (Australia), and the FSCA (South Africa). For Norway traders, this means deposit protection is limited to the broker’s own insurance or compensation scheme (up to €20,000 under CySEC for EU clients). The local financial regulator does not oversee either broker, so traders should verify the broker’s license and consider using segregated accounts. Both brokers are considered safe for retail traders, but FxOpen’s FCA regulation offers slightly stronger protection.
| Payment Method | FxOpen | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours | 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 FxOpen and EasyMarkets offer deposit and withdrawal methods tailored for Norway traders. You can use Bank Transfer (SEPA or international), Skrill, Neteller, and USDT TRC20. FxOpen accepts deposits from $10, while EasyMarkets requires a minimum of $100. EasyMarkets also supports Trustly, a popular instant bank transfer method in Norway. Withdrawals are processed within 1-2 business days for e-wallets and USDT, and 3-5 days for bank transfers. FxOpen charges no deposit fees, but EasyMarkets may apply a small fee on bank transfers. USDT TRC20 is a fast, low-cost option for both brokers, ideal for crypto-friendly Norwegian traders. Always check the broker’s latest fee schedule before depositing.
| Islamic Account Feature | FxOpen | 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 FxOpen and EasyMarkets provide Islamic (swap-free) accounts for Norway Muslim traders. FxOpen offers swap-free accounts on standard and ECN accounts, with no overnight interest charges. EasyMarkets offers Islamic accounts across all account types, with no extra fees. However, FxOpen may limit the number of days a position can be held swap-free (usually 30 days), while EasyMarkets allows indefinite holding. For long-term position traders in Norway, EasyMarkets’ policy is more favorable. Both brokers require a declaration of Muslim faith to open an Islamic account.
| Support Feature | FxOpen | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxOpen |
FxOpen provides 24/5 multilingual support via live chat, email, and phone. EasyMarkets offers 24/5 support in multiple languages, including English and Norwegian. EasyMarkets also has a dedicated account manager for all clients, which is helpful for Norwegian beginners. FxOpen’s support is more technical and responsive for experienced traders. Neither broker offers 24/7 support, but response times are generally under 5 minutes during business hours.
| Mobile Feature | FxOpen | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxOpen |
| Google Play rating | 4.3 stars | 4.2 stars | FxOpen |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | FxOpen |
| Resource | FxOpen | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxOpen |
Choose FxOpen if you...
Choose EasyMarkets if you...
For Norway traders, FxOpen is the better overall choice due to its lower trading costs, faster execution, and flexible account options. It scores higher (3.7 vs 3.4) and supports all local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets is a solid alternative for beginners or traders who prefer fixed costs and a simpler experience. Neither broker is regulated by the local financial regulator, so Norway traders should trade responsibly and use segregated accounts. If you trade actively, choose FxOpen; if you value predictability and ease of use, EasyMarkets is a respectable option.