Which broker is better for India traders in 2026? Expert analysis across 12 categories.
For India’s growing middle class and tech-savvy retail traders, choosing between Global Prime and EasyMarkets is a critical decision. Both brokers accept Indian clients and support local payment methods like UPI, IMPS, NEFT, Skrill, and USDT, making deposits and withdrawals seamless in INR. Global Prime scores 3.6/5 and is known for raw spreads from 0.0 pips and fast execution, appealing to active traders. EasyMarkets scores 3.4/5 and offers fixed spreads, a user-friendly web platform, and risk management tools like dealCancellation, suiting beginners. While neither is SEBI-regulated, both operate under respected international licenses. This comparison focuses on what matters most to India traders: costs, payment convenience, platform usability, and regulatory safety.
| 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 |
Global Prime offers raw spreads from 0.0 pips on major Forex pairs with a commission of $3.5 per lot per side, ideal for high-volume India traders. EasyMarkets uses fixed spreads starting from 1.0 pips with no commission, making costs predictable but higher overall. For a standard lot on EUR/USD, Global Prime’s total cost is around $7 round-turn, while EasyMarkets charges about $10. Scalpers and day traders in India will save significantly with Global Prime, especially when trading multiple lots daily.
| 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 |
|---|---|---|
| India (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 provides MetaTrader 4 and 5, plus cTrader, all with advanced charting and automated trading—perfect for India’s tech-savvy traders who use Expert Advisors. EasyMarkets offers its proprietary web platform and mobile app with a simplified interface, plus TradingView integration. cTrader on Global Prime gives faster order execution and depth-of-market, while EasyMarkets’ platform is easier for beginners. Both support VPS for algorithmic trading, but Global Prime’s multi-platform flexibility wins for experienced traders.
| 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 Equinix NY4 servers for ultra-low latency execution with no requotes, ideal for scalping and news trading in India. EasyMarkets offers fixed spreads and instant execution with no slippage, but may have slower execution speeds during volatile markets. For India traders using VPS or automated strategies, Global Prime’s execution quality is superior, while EasyMarkets is better for manual traders who prioritize price certainty.
| 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 licensed by SEBI, meaning India traders must rely on the broker’s international oversight. ASIC regulation is stricter and offers client fund segregation, giving Global Prime an edge in safety. EasyMarkets’ CySEC regulation limits leverage to 1:30 for EU clients, but India traders can access higher leverage under the FSA license. Always verify the entity you open an account with.
| 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) |
Both brokers support UPI, IMPS, NEFT, Skrill, and USDT for Indian traders. Global Prime processes withdrawals within 24 hours and charges no fees for most methods, with a minimum deposit of $100 (₹8,300). EasyMarkets also offers instant UPI deposits and free withdrawals, with a lower minimum deposit of $25 (₹2,075). USDT deposits are accepted via TRC20 or ERC20 networks. For INR conversions, check your bank’s Forex markup. Skrill and Neteller are also available for faster international transfers. Overall, EasyMarkets is more accessible for small accounts, while Global Prime suits larger deposits.
| 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 Global Prime and EasyMarkets offer swap-free Islamic accounts for Muslim traders in India, in compliance with Sharia law. Global Prime requires clients to request the account via support after registration, and it is available on all account types. EasyMarkets provides the Islamic account directly during account opening with no additional steps. Neither broker charges extra fees for swap-free accounts, but holding positions beyond a certain period may incur administration fees. This makes both brokers suitable for Indian Muslim traders seeking halal Forex trading.
| 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, email, and phone support with quick response times, plus a detailed knowledge base. EasyMarkets provides 24/5 support via live chat, email, and phone, with a dedicated account manager for VIP clients. Both have English support, which is sufficient for most India traders. Global Prime’s support is more technical and responsive, while EasyMarkets excels in personalized service for beginners.
| 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 India traders, Global Prime is the better choice for active, cost-conscious traders who need fast execution and low spreads, especially when using UPI or USDT for deposits. EasyMarkets suits beginners and casual traders who prefer fixed costs and a simpler platform. Both support UPI, IMPS, NEFT, Skrill, and USDT, but Global Prime’s ASIC regulation and cTrader platform give it an edge for serious traders. While neither is SEBI-regulated, both are reliable for international trading. Consider your trading style and volume before deciding.