Global Prime vs EasyMarkets: Full Comparison for Mongolia Traders (2026)

When comparing trading costs for Mongolia traders, Global Prime has a clear edge with variable spreads starting from 0.0 pips on EUR/USD and a commission of $3.50 per lot. This structure is ideal for high-volume traders who can benefit from lower per-trade costs. EasyMarkets uses fixed spreads, typically 1.2 pips on EUR/USD, with no commission, which simplifies budgeting but can be more expensive during quiet market hours. For a Mongolia trader executing 10 lots per day, Global Prime could save approximately $170 monthly compared to EasyMarkets. However, EasyMarkets' fixed spreads protect against slippage during news events, which may appeal to risk-averse traders.

Global Prime offers MetaTrader 4 and MetaTrader 5, the industry-standard platforms favored by experienced traders in Mongolia for their advanced charting, automated trading via Expert Advisors (EAs), and custom indicators. EasyMarkets provides its proprietary web-based platform and mobile app, which are simpler to navigate and include unique tools like dealCancellation and free guaranteed stop-loss orders. For Mongolia traders who value automation and flexibility, Global Prime is the better choice. Beginners or those who prefer a straightforward interface will find EasyMarkets more accessible, especially when trading on the go via their mobile app.

Global Prime uses ECN/STP execution with access to multiple liquidity providers, resulting in average execution speeds of under 40ms and minimal slippage. This is ideal for scalpers and day traders in Mongolia who need fast order fills. EasyMarkets uses market maker execution with fixed spreads, which can lead to requotes during volatile markets but ensures no slippage on stop-loss orders. For Mongolia traders prioritizing speed and transparency, Global Prime is superior. Those who value guaranteed execution and fixed costs will prefer EasyMarkets.

Global Prime is regulated by ASIC (Australia) and FSA (Seychelles), while EasyMarkets holds licenses from CySEC (Cyprus) and ASIC. Neither broker is directly regulated by the Financial Regulatory Commission (FRC) of Mongolia, but both comply with international standards that offer client fund segregation and negative balance protection. For Mongolia traders, this means your funds are held in separate accounts and you cannot lose more than your deposit. While FRC oversight is absent, these brokers' reputations and regulatory track records provide a reasonable level of security. Always verify the specific entity you are trading with to ensure maximum protection.

Both Global Prime and EasyMarkets support multiple deposit methods tailored for Mongolia traders, including Bank Transfer, QPay, and USDT. Global Prime processes deposits via QPay and USDT instantly, with no fees, and withdrawals via these methods typically take 1-2 business days. EasyMarkets also accepts QPay and USDT, with deposits credited within minutes and withdrawals processed within 24 hours. Bank Transfer is available for larger amounts but may take 1-3 business days and incur intermediary bank fees. For Mongolia traders, using QPay or USDT is the fastest and most cost-effective way to fund accounts. Both brokers do not charge internal deposit fees, but third-party fees may apply for Bank Transfer.

Both Global Prime and EasyMarkets offer Islamic (swap-free) accounts for Muslim traders in Mongolia who require compliance with Sharia law. These accounts eliminate overnight interest charges on positions held beyond the daily rollover. Global Prime provides swap-free accounts upon request via customer support, applicable to all account types. EasyMarkets offers a dedicated Islamic account option during registration, making it easier to set up. However, some brokers may apply a small administrative fee after a holding period (e.g., 10 days). Mongolia traders should confirm current terms directly with each broker to ensure full compliance with their religious requirements.

Global Prime offers 24/5 multilingual customer support via live chat, email, and phone, with response times under 5 minutes during market hours. EasyMarkets provides 24/5 support through live chat, email, and phone, with a reputation for friendly and helpful service. For Mongolia traders, both brokers support English, but EasyMarkets also offers limited support in Mongolian via email. Global Prime's support team is more technical and suited for experienced traders, while EasyMarkets excels at guiding beginners through account setup and platform use.