Global Prime vs EasyMarkets: Singapore Broker Comparison 2026

For Singapore traders, trading costs are critical, especially for high-volume strategies. Global Prime offers raw spreads from 0.0 pips on major pairs like EUR/USD, plus a commission of $7 per lot round-turn. This suits active traders in Singapore's financial hub who trade large volumes. EasyMarkets uses fixed spreads, starting at 1.0 pips for EUR/USD with no commission, which is simpler but more expensive for frequent traders. Over 100 lots, Global Prime's cost advantage becomes significant, saving hundreds of SGD. However, EasyMarkets' fixed spreads provide certainty for those trading during volatile Asian sessions.

Global Prime provides MetaTrader 4 and 5, industry-standard platforms favored by sophisticated Singapore traders for advanced charting and algorithmic trading. It also offers cTrader for ECN-style trading with depth of market. EasyMarkets delivers its proprietary web-based platform and mobile app, which are intuitive and include risk management tools like dealCancellation and free guaranteed stop-loss. For Singapore traders who value customization and speed, Global Prime's platforms are superior. For beginners or those needing simplicity, EasyMarkets' interface is more accessible.

Global Prime excels in execution quality with low latency and direct market access (DMA) via cTrader, offering average execution under 30ms. This is critical for Singapore traders using scalping or algorithmic strategies. EasyMarkets uses a market maker model with fixed spreads and no requotes, but execution speed can be slower during high volatility. For high-frequency traders in Singapore's financial hub, Global Prime is the better choice.

Both Global Prime and EasyMarkets are regulated by the Monetary Authority of Singapore (MAS), which is a top-tier regulator. This means Singapore traders benefit from strict capital requirements, client fund segregation in trust accounts, and transparent reporting. MAS regulation also ensures fair pricing and dispute resolution through the Financial Industry Disputes Resolution Centre (FIDReC). Global Prime is also regulated by ASIC and VFSC, while EasyMarkets is overseen by CySEC and ASIC. For Singapore traders, MAS oversight provides strong protection and confidence in both brokers.

Singapore traders can fund their accounts using PayNow, bank transfer, or credit card at both brokers. Global Prime processes PayNow and bank transfers instantly with no fees, and credit card deposits are also instant but may incur a 1-2% charge from the card issuer. EasyMarkets offers similar methods: PayNow deposits are instant, bank transfers take 1-2 business days, and credit cards are instant. Withdrawals at Global Prime are free via bank transfer and processed within 1 day, while EasyMarkets charges a small fee for bank withdrawals and takes 2-5 days. Both support SGD deposits, eliminating conversion costs. Minimum deposits are around $200 SGD for both brokers, making them accessible.

Both Global Prime and EasyMarkets offer Islamic (swap-free) accounts for Singapore Muslim traders who require Sharia-compliant trading. Global Prime provides these accounts on request with no swap charges on overnight positions, but they may have a limited period of eligibility (e.g., 30 days) for active traders. EasyMarkets offers swap-free accounts automatically for eligible clients, with no time limit and no extra fees. Singapore traders should verify with customer support to ensure compliance with their religious requirements. EasyMarkets' policy is more flexible for long-term position holders.

Global Prime offers 24/5 multilingual support via live chat, email, and phone, with quick response times suitable for Singapore traders during Asian trading hours. EasyMarkets provides 24/5 support in multiple languages, including Chinese and Malay, and has a local Singapore phone number. Both brokers offer responsive service, but EasyMarkets' localized support may be more convenient for Singapore-based clients who prefer phone assistance.