Which broker is better for Portugal traders in 2026? Expert analysis across 12 categories.
Portugal traders looking for a reliable forex broker in 2025 often compare Global Prime and EasyMarkets. Global Prime, with a rating of 3.6/5, is known for its low-cost trading environment and advanced execution, appealing to active retail traders. EasyMarkets, scoring 3.4/5, offers a user-friendly platform with fixed spreads and risk management tools, making it popular among beginners. Both brokers are regulated by the local financial regulator in Portugal, ensuring compliance with EU standards. Portuguese traders benefit from multiple deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20, allowing flexible funding. This comparison helps you decide which broker aligns with your trading style, whether you prioritize low spreads or simplicity.
| 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 Portugal traders, trading costs are a key factor. Global Prime offers variable spreads starting from 0.0 pips on major forex pairs, with a commission of $3 per lot round turn. This structure suits high-volume traders who can reduce costs through tight spreads. EasyMarkets uses fixed spreads, typically 1.2 pips on EUR/USD, with no commission, which provides cost predictability. For a Portuguese trader executing 10 lots per month, Global Prime’s costs are lower overall, while EasyMarkets’ fixed spreads protect against volatility. Consider your trading frequency and volume when choosing.
| 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 |
|---|---|---|
| Portugal (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 the popular MetaTrader 4 and MetaTrader 5 platforms, along with cTrader, offering advanced charting and automated trading capabilities. These are ideal for Portugal traders who use Expert Advisors (EAs) or prefer technical analysis. EasyMarkets offers its proprietary web-based platform and mobile app, which are intuitive and include built-in risk management features like dealCancellation. For Portuguese traders who value simplicity and ease of use, EasyMarkets’ platform is more accessible, while Global Prime caters to experienced traders needing powerful tools.
| 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 STP execution with no dealing desk, offering fast order execution with average speeds under 50ms. This benefits Portugal traders who scalp or use EAs. EasyMarkets uses market execution with fixed spreads, ensuring no requotes but slightly slower execution due to its dealing desk model. For high-frequency traders, Global Prime’s execution is superior, while EasyMarkets provides reliable execution for standard trading. Both brokers offer negative balance protection, a key requirement for Portuguese retail traders.
| 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 the local financial regulator in Portugal, which aligns with EU MiFID II directives. This ensures Portuguese traders benefit from strict capital requirements, client fund segregation, and negative balance protection. Global Prime is also regulated by ASIC and VFSC, adding an extra layer of oversight. EasyMarkets holds licenses from CySEC and ASIC, providing similar protections. For Portugal traders, this regulation means deposits are safe, and brokers must adhere to transparent practices. Always verify the broker’s license status on the regulator’s website.
| 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) |
Portugal traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. Global Prime processes deposits instantly for e-wallets and USDT, while bank transfers take 1-3 business days. Withdrawals are free and processed within 24 hours for e-wallets. EasyMarkets also supports these methods, with similar processing times, and offers additional options like credit/debit cards. Minimum deposits vary: Global Prime requires $200, while EasyMarkets starts at $100. For Portuguese traders using USDT TRC20, both brokers accept it without fees, making crypto funding convenient. Ensure you use the same method for deposits and withdrawals to avoid delays.
| 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 Portugal traders who require compliance with Sharia law. These accounts have no overnight interest on positions, allowing Muslim traders to hold trades longer without incurring riba (interest). Global Prime provides Islamic accounts on request with the same low spreads and commission structure. EasyMarkets also offers swap-free accounts, but requires a minimum deposit of $500 and may have limited leverage. Portugal traders should contact customer support to activate the account and confirm terms. Both brokers ensure that Islamic accounts are available without additional fees.
| 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 customer support via live chat and email, with Portuguese language support available. EasyMarkets provides 24/5 support through live chat, phone, and email, also in Portuguese. For Portugal traders, EasyMarkets’ phone support is a plus for urgent issues. Both brokers have responsive teams, but Global Prime’s support is more technical, while EasyMarkets focuses on user-friendly assistance. Response times are generally under 5 minutes for live chat.
| 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 Portugal traders, the choice between Global Prime and EasyMarkets depends on your trading style. Global Prime (3.6/5) excels in low costs, fast execution, and advanced platforms, making it ideal for active traders. EasyMarkets (3.4/5) offers a beginner-friendly experience with fixed spreads and innovative risk tools. Both are regulated by the local financial regulator, ensuring safety. Deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 are available at both, with Global Prime having a higher minimum deposit. If you prioritize cost efficiency and flexibility, choose Global Prime. For simplicity and support, EasyMarkets is a solid option. Always test with a demo account first.