Which broker is better for China traders in 2026? Expert analysis across 12 categories.
For China traders seeking offshore forex exposure, Global Prime and EasyMarkets represent two distinct approaches. Global Prime, with a 3.6/5 rating, specializes in low-cost, high-speed execution via raw spreads and ECN technology, appealing to active traders. EasyMarkets, rated 3.4/5, focuses on simplicity with fixed spreads, a user-friendly web platform, and risk management tools like dealCancellation. Both brokers accept China clients through international entities, bypassing CSRC restrictions. However, they differ significantly in cost structures and platform depth. Global Prime offers MetaTrader 4 and 5, while EasyMarkets provides its proprietary web trader and mobile app. Deposit methods include USDT and international Bank Transfer, crucial for China traders navigating capital controls. This comparison examines spreads, regulation, deposits, and execution to help you choose the right broker for your trading style.
| Instrument | Global Prime | 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 | $0 | $25 | Global Prime |
For China traders, trading costs are a key differentiator. Global Prime uses raw spreads from 0.0 pips on EUR/USD with a $3.50 commission per lot round turn. This is ideal for high-volume traders, as costs decrease per lot with larger trade sizes. EasyMarkets charges fixed spreads starting at 1.0 pips on EUR/USD with no commission, making costs predictable but higher per trade. On a standard lot, Global Prime's total cost is about $3.50, while EasyMarkets costs $10.00. For scalpers or day traders in China, Global Prime is cheaper, but EasyMarkets suits those who prefer fixed costs.
| Account Type | Global Prime | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $25 |
| Entity / Asset | Global Prime | EasyMarkets |
|---|---|---|
| China (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 | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Global Prime |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | ✗ | 20+ indices | Global Prime |
| Crypto CFDs | ✗ | 20+ | Global Prime |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Global Prime | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Global Prime supports MetaTrader 4 and 5, plus cTrader, offering advanced charting, automated trading via Expert Advisors, and custom indicators. This appeals to experienced China traders using algorithmic strategies. EasyMarkets provides a proprietary web platform and mobile app with a clean interface, one-click trading, and built-in risk tools like guaranteed stop-loss and dealCancellation. For China traders wanting simplicity and mobile trading, EasyMarkets is easier to start with, but lacks the depth of MetaTrader.
| Factor | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Global Prime |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Global Prime uses ECN execution with no dealing desk, offering average execution speeds under 40 milliseconds and no requotes. This is ideal for scalpers and high-frequency traders in China. EasyMarkets uses a market maker model with dealing desk intervention, which may result in slippage during news events. However, EasyMarkets offers guaranteed stop-loss orders, preventing slippage on stops. For precise execution, Global Prime is superior; for risk control, EasyMarkets has an edge.
| Safety Factor | Global Prime | EasyMarkets |
|---|---|---|
| Primary regulator | ASIC | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✗ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Global Prime is regulated by ASIC (Australia) and VFSC (Vanuatu), while EasyMarkets is regulated by CySEC (Cyprus) and FSA (Seychelles). Neither is overseen by China's CSRC, meaning China traders must rely on offshore protections. ASIC regulation offers strong client fund segregation and compensation schemes, but Global Prime's Vanuatu entity serves most non-Australian clients with weaker oversight. EasyMarkets' CySEC regulation provides investor compensation up to €20,000, but its Seychelles entity has minimal local oversight. China traders should prioritize brokers with strong tier-1 regulation, though both operate legally for offshore clients.
| Payment Method | Global Prime | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Global Prime processes withdrawals instantly on their end, but the time to receive your funds depends on your payment method: bank wire transfers take 1 to 5 business days, credit or debit cards take 1 to 10 days, and e-wallets are instant once completed. | 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) |
Depositing and withdrawing funds from China requires careful planning. Both Global Prime and EasyMarkets accept USDT (Tether) deposits via TRC-20 or ERC-20 networks, enabling near-instant transfers without traditional banking delays. This is the most popular method for China traders. Bank Transfer (international) is also available for both brokers, but may take 2-5 business days and incur SWIFT fees of $20-40. Global Prime supports USD and AUD transfers, while EasyMarkets accepts USD and EUR. Minimum deposits are $200 for Global Prime and $100 for EasyMarkets. Withdrawals are processed within 24 hours for most methods. China traders should use USDT for speed and lower fees, as CNY is not directly supported.
| Islamic Account Feature | Global Prime | 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 brokers offer Islamic (swap-free) accounts for Muslim traders in China. Global Prime provides Islamic accounts on request for all account types, with no swap charges on overnight positions. However, positions held beyond a certain period (usually 7-10 days) may incur a holding fee. EasyMarkets offers Islamic accounts automatically for clients in Muslim-majority regions, with no swap fees and no holding time limits. China traders requiring Islamic accounts will find EasyMarkets more straightforward, though Global Prime's option is equally valid. Both comply with Sharia law by not charging or paying interest.
| Support Feature | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Global Prime |
Global Prime offers 24/5 live chat and email support in English, with response times under 1 hour. There is no Mandarin support, which may be a challenge for Chinese-speaking traders. EasyMarkets provides 24/5 live chat, phone, and email support in multiple languages including Mandarin. This makes EasyMarkets more accessible for China traders who prefer local language assistance. Both brokers have comprehensive FAQ sections on their websites.
| Mobile Feature | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Global Prime |
| Google Play rating | 4.3 stars | 4.2 stars | Global Prime |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | Global Prime | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | ✗ | 50+ videos | EasyMarkets |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | Global Prime |
Choose Global Prime if you...
Choose EasyMarkets if you...
For China traders, the choice between Global Prime and EasyMarkets hinges on trading style and priorities. Global Prime's raw spreads, fast execution, and advanced platforms make it the better pick for active, volume-driven traders who can navigate English support. EasyMarkets' fixed costs, Mandarin support, and user-friendly tools suit beginners or those who value predictability. Both accept USDT and Bank Transfer, making deposits easy for offshore traders. However, neither is CSRC-regulated, so due diligence on offshore protections is essential. Global Prime's higher overall score (3.6 vs 3.4) reflects its cost efficiency, but EasyMarkets offers unique risk management features. Consider your experience level and trading frequency to decide.