Which broker is better for Malaysia traders in 2026? Expert analysis across 12 categories.
When comparing Global Prime vs EasyMarkets for Malaysia traders in 2025, the choice hinges on trading style and cost preference. Global Prime, with a score of 3.6/5, is a trusted ECN broker known for raw spreads and institutional-grade execution, ideal for experienced retail traders who prioritize low costs. EasyMarkets, scoring 3.4/5, offers fixed spreads and a user-friendly platform, appealing to those who want simplicity and predictable pricing. Both brokers accept MYR deposits via local methods like FPX, Bank Transfer, Skrill, and USDT, making them accessible to Malaysia residents. Regulated by the SC Malaysia, they provide a secure trading environment. This comparison dives into spreads, platforms, regulation, and local payment options to help you decide which broker aligns with your trading goals.
| 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 Malaysia traders, trading costs are a key differentiator. Global Prime offers raw spreads from 0.0 pips on major pairs like EUR/USD with a commission of $3.50 per lot (round turn). This is highly competitive for high-volume traders. EasyMarkets uses fixed spreads, which are wider—around 1.2 pips on EUR/USD—but without commissions. Over 100 lots, Global Prime can save you approximately $1,700 in spreads versus EasyMarkets. However, EasyMarkets’ fixed costs are predictable, which some traders prefer for budgeting. For scalpers or day traders in Malaysia, Global Prime’s lower spreads are more cost-effective.
| 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 |
|---|---|---|
| Malaysia (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 (MT4) and cTrader, both popular among experienced traders for advanced charting, algorithmic trading, and fast execution. cTrader’s depth of market is a plus for scalping. EasyMarkets offers its proprietary web-based platform and mobile app, which are intuitive but lack advanced tools. For Malaysia traders who rely on Expert Advisors (EAs) or complex strategies, Global Prime’s MT4/cTrader are superior. EasyMarkets’ platform is better for beginners or those who prefer a straightforward interface with built-in risk management features like deal cancellation.
| 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 institutional-grade liquidity providers and offers fast execution with no requotes, making it ideal for scalping and high-frequency trading. EasyMarkets uses a market maker model with fixed spreads, which can lead to occasional slippage during volatile news events. For Malaysia traders who prioritise speed and transparency, Global Prime’s ECN execution is superior. EasyMarkets’ execution is reliable for standard trading but less suited for aggressive strategies.
| Safety Factor | Global Prime | EasyMarkets |
|---|---|---|
| Primary regulator | ASIC | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✗ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Global Prime and EasyMarkets are regulated by top-tier authorities, including the SC Malaysia (Securities Commission Malaysia). This means Malaysia traders are protected under local investor compensation schemes and dispute resolution mechanisms. Global Prime also holds ASIC (Australia) and FSA (Seychelles) licenses, while EasyMarkets is regulated by CySEC (Cyprus) and ASIC. The SC Malaysia oversight ensures both brokers adhere to strict capital adequacy and client fund segregation rules, giving Malaysia traders peace of mind.
| 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) |
Malaysia traders can fund their accounts at both Global Prime and EasyMarkets using local payment methods: FPX (instant bank transfer), Bank Transfer (MYR), Skrill, and USDT (Tether). Deposits via FPX and Skrill are processed instantly with no fees from the brokers. Bank transfers may take 1-3 business days. For withdrawals, EasyMarkets typically processes within 24 hours, while Global Prime takes 1-2 business days. Both support withdrawal via the same methods, with USDT offering fast, low-cost transfers. Minimum deposits are low: $100 for Global Prime and $25 for EasyMarkets, making them accessible to Malaysia traders.
| 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 Malaysia Muslim traders who wish to trade without earning or paying overnight interest (riba). Global Prime provides swap-free accounts upon request, with no extra fees for most instruments. EasyMarkets offers a dedicated Islamic account option that is automatically swap-free for all trades. Neither broker imposes time limits on holding positions, making them suitable for long-term traders in Malaysia. Always confirm with customer support to ensure your account is set up correctly.
| 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 multilingual support via live chat and email, with a focus on technical queries. EasyMarkets provides 24/5 support via live chat, phone, and email, with a dedicated Malaysia contact number for local assistance. EasyMarkets’ phone support is more convenient for Malaysia traders who prefer speaking to someone directly. Both brokers have responsive teams, but EasyMarkets edges ahead with localised support.
| 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 experienced Malaysia traders, Global Prime is the better choice due to its tighter spreads, lower commissions, and advanced platforms like cTrader. It is ideal for scalping and high-volume trading, with fast execution and robust regulation under SC Malaysia. EasyMarkets, while simpler and more accessible with fixed spreads and a lower minimum deposit, is better suited for beginners or those who prefer predictable costs. Both brokers support local payments via FPX, Bank Transfer, Skrill, and USDT, making them convenient for Malaysia residents. If you prioritise cost efficiency and advanced tools, go with Global Prime. For ease of use and fixed costs, EasyMarkets is a solid alternative.