Our ForexBrokers.com team spent seven months and hundreds of hours assessing 43 different forex broker accounts
for trading FX. In total, over 6,000 data points were collected. For this review, we will compare easyMarkets vs FOREX.com.
To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. FOREX.com received a rating of 4.50 stars over easyMarkets's 3.00 stars.
Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. Both easyMarkets and FOREX.com are regulated in a major hub. FOREX.com is a publicly traded company while easyMarkets is not. How many currency pairs are available to trade? easyMarkets boasts an offering of 97 different currency pairs compared to FOREX.com's 84 available pairs.
To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. easyMarkets and FOREX.com both offer Meta Trader. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. easyMarkets offers its clients access to 31 charting tools while FOREX.com has 22 charting tools, a difference of 9. easyMarkets trails FOREX.com by 88 total different indicators (for example, moving averages), with FOREX.com offering 139 and easyMarkets offering 51.
Overall, both easyMarkets and FOREX.com hold a 4.00 star rating. And, when it comes to individual category awards, FOREX.com posted awards Best in Class - Research and Best in Class - Mobile Trading in 2018, while easyMarkets found itself with none of these.