Which broker is better for Belgium traders in 2026? Expert analysis across 12 categories.
Belgium retail traders have two strong contenders when comparing Oanda vs EasyMarkets in 2025. Oanda, with a score of 3.6/5, is a globally recognized broker known for its low-cost trading, advanced tools, and strong regulatory oversight. EasyMarkets, scoring 3.4/5, appeals to beginners and risk-averse traders with its fixed spreads, guaranteed stop-loss, and user-friendly interface. Both brokers are regulated by top-tier authorities and accept Belgium clients, offering local deposit methods like Bank Transfer, Skrill, Neteller, and even USDT TRC20 for crypto users. This comparison focuses on what matters most to Belgium traders: costs, regulation, platform features, and local support. Whether you trade forex, indices, or commodities, understanding the nuances between these brokers will help you choose the right partner for your trading journey in Belgium.
| Instrument | Oanda | 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 | Oanda |
For Belgium traders, trading costs are a key differentiator. Oanda offers variable spreads starting from 0.6 pips on EUR/USD, with no commission on standard accounts. This makes it ideal for active traders who execute multiple trades daily. EasyMarkets uses fixed spreads starting at 1.2 pips, which can be higher but provide predictability, especially during volatile market events. Volume traders will benefit more from Oanda's lower variable costs, while casual traders may prefer EasyMarkets' fixed structure. Both brokers offer competitive swap rates, but Oanda's tighter spreads give it an edge for cost-conscious Belgium traders.
| Account Type | Oanda | 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 | Oanda | EasyMarkets |
|---|---|---|
| Belgium (offshore) | Up to 1:100 | Up to 1:2000 |
| Forex major pairs | 1:100 | 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 | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Oanda |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Oanda |
| Crypto CFDs | ✗ | 20+ | Oanda |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Oanda | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Oanda provides its proprietary web and mobile platforms, plus full integration with MetaTrader 4 (MT4) and TradingView. This flexibility suits Belgium traders who want advanced charting, automated trading, or custom indicators. EasyMarkets offers its own web platform and mobile app, designed for simplicity with features like deal cancellation and guaranteed stop-loss. While Oanda's platform ecosystem is more powerful, EasyMarkets' platform is easier for beginners. Both are available in Dutch and French, catering to Belgium's multilingual traders.
| Factor | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Oanda |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✗ | Tie |
Oanda uses No Dealing Desk (NDD) execution with direct access to liquidity providers, resulting in fast fills and minimal slippage. EasyMarkets uses market execution with fixed spreads, which can lead to slightly slower execution during high volatility. For Belgium traders requiring speed, especially for scalping or algorithmic trading, Oanda is the better choice. EasyMarkets' execution is reliable but better suited for longer-term positions.
| Safety Factor | Oanda | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Oanda and EasyMarkets are regulated by respected authorities, including the FCA and CySEC, which provide a safety net for Belgium traders. Oanda's long history and multiple tier-1 licenses offer strong investor protection, while EasyMarkets also holds a license from the Australian ASIC. For Belgium residents, both brokers comply with local financial regulator requirements, including negative balance protection and leverage limits. Oanda's stronger regulatory framework gives it a slight edge in trust, but both are considered safe choices for Belgian retail traders.
| Payment Method | Oanda | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 to 5 business days | 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) |
Belgium traders can fund their accounts at both Oanda and EasyMarkets using Bank Transfer, Skrill, Neteller, and USDT TRC20. Skrill and Neteller deposits are processed instantly with no fees from the broker, while USDT TRC20 offers a fast, low-cost alternative for crypto users. Bank transfers are reliable but may take 1-3 business days and incur bank fees. Oanda has a $1 minimum deposit for most methods, making it very accessible. EasyMarkets requires a $100 minimum deposit. Withdrawals are processed within 1-2 business days for e-wallets and crypto, while bank transfers may take longer. Both brokers charge no withdrawal fees, but third-party fees may apply.
| Islamic Account Feature | Oanda | 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 Oanda and EasyMarkets offer Islamic (swap-free) accounts for eligible Muslim traders in Belgium. These accounts comply with Sharia law by waiving all overnight interest charges. EasyMarkets provides Islamic accounts on all account types directly, while Oanda requires a formal request and proof of eligibility. Both brokers offer the same trading conditions on Islamic accounts, including spreads and leverage. Belgium Muslim traders should contact support to confirm eligibility and set up the account.
| Support Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Oanda |
Oanda offers 24/5 multilingual support via live chat, email, and phone, with Dutch and French options available for Belgium traders. EasyMarkets provides 24/5 support through live chat, email, and phone, also with Dutch and French support. Both brokers have responsive teams, but Oanda's slightly faster response times and more comprehensive FAQ give it an edge for Belgium traders.
| Mobile Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Oanda |
| Google Play rating | 4.3 stars | 4.2 stars | Oanda |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | Oanda |
| Resource | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Oanda |
Choose Oanda if you...
Choose EasyMarkets if you...
For Belgium retail traders, the choice between Oanda and EasyMarkets depends on your trading style. Oanda (3.6/5) is the better option for cost-conscious, active traders who want low spreads, powerful platforms, and strong regulation. EasyMarkets (3.4/5) suits risk-averse or beginner traders who value fixed costs and safety features. Both brokers accept local deposit methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and comply with the local financial regulator. If you prioritize low costs and flexibility, go with Oanda. If you prefer simplicity and guaranteed protection, EasyMarkets is a solid choice.