easyMarkets vs Phoenix Markets, Who's Better?
|
|
easyMarkets Rating
|
Phoenix Markets Rating
|
73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs Phoenix Markets Guide |
Read our In-Depth easyMarkets vs Phoenix Markets Review - for 2025
This comprehensive analysis of easyMarkets and Phoenix Markets has been refreshed to reflect any changes for 2025 by seasoned professionals boasting extensive expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs Phoenix Markets does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Phoenix Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and United Kingdom.
Compare easyMarkets vs Phoenix Markets
Every platforms for online trading feature a few advantages and disadvantages, so a complete analysis of easyMarkets vs Phoenix Markets would not be complete without adopting a fair assessment.
Compare easyMarkets and Phoenix Markets in order to understand how these platforms compare with one another prior to you make an account. Conducting a side-by-side comparison helps to put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between easyMarkets or Phoenix Markets. Who should you choose?
Our easyMarkets vs Phoenix Markets comparison contains the latest information so you can easily compare Phoenix Markets against easyMarkets.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll acquire proficient at all of the concepts of broker since you keep trading. For starters, you have to choose the right agent who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. easyMarkets and Phoenix Markets are two such stages which will take you and your investment into great heights. It is crucial to compare easyMarkets vs Phoenix Markets until you trust them with your money.
Our easyMarkets vs Phoenix Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Phoenix Markets side by side.
Our full easyMarkets vs Phoenix Markets Review covers everything you need to learn about trading with either easyMarkets or Phoenix Markets. A fantastic broker can multiply your initial investments and provide you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you select them. It is a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
easyMarkets and Phoenix Markets are both brokers which have forged their way successfully to the broker world. Within this review, we have tried to collate some of the vital aspects of both easyMarkets and Phoenix Markets. This review will allow you to understand whether either Phoenix Markets or easyMarkets is a good match for your own investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of easyMarkets and Phoenix Markets Compared
easyMarkets has a minimum deposit of $100 while Phoenix Markets has a $500 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and Phoenix Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets allows you to trade around 200 financial instruments whilst Phoenix Markets has around 200 on their platform.
The more financial instruments you can trade on the easyMarkets and Phoenix Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of easyMarkets or Phoenix Markets.
easyMarkets and Phoenix Markets Contact Details
Being able to contact a broker easily is a sign of a professional broker. easyMarkets and Phoenix Markets have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | easyMarkets | Phoenix Markets |
Telephone Number | +357 25 828 899 | +44 203 514 2059 |
support@easymarkets.com | support@phoenixmarkets.com | |
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
easyMarkets Twitter Account | Phoenix Markets Twitter Account | |
easyMarkets Facebook Page | Phoenix Markets Facebook Page | |
easyMarkets Instagram Account | Phoenix Markets Instagram Account | |
easyMarkets LinkedIn Page | Phoenix Markets LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | Phoenix Markets YouTube Channel |
Find Out More |
|
|
Phoenix Markets and easyMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing easyMarkets and Phoenix Markets will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
easyMarkets vs Phoenix Markets - Awards
|
||
---|---|---|
Broker | easyMarkets | Phoenix Markets |
Awards |
easyMarkets have won many industry awards over the time they have been running as an online broker. We detail the most notable awards for easyMarkets below.
|
At the time of writing this Phoenix Markets review, and despite Phoenix Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
easyMarkets vs Phoenix Markets - Frequently Asked Questions
easyMarkets vs Phoenix Markets - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
Phoenix Markets was founded in 2013 and has its headquaters in Cyprus.
What is the minimum deposit for Phoenix Markets or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Phoenix Markets is $500.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and Phoenix Markets are a good option.
easyMarkets vs Phoenix Markets - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Phoenix Markets is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both easyMarkets and Phoenix Markets have a powerful collection of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare easyMarkets vs Phoenix Markets Commission And Fees
easyMarkets and Phoenix Markets are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an online broker is not necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this objective.
The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these cases, you're spending a spread, funding rate, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither easyMarkets or Phoenix Markets charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly trade, such as daily or weekly trading.
However, non-trading fees charged by easyMarkets and Phoenix Markets are relatively competitive. Consequently, you're charged more for non-trading actions in your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This easyMarkets vs Phoenix Markets review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And Phoenix Markets
What Languages Do easyMarkets And Phoenix Markets Support?
Being able to talk completely with your trading platform is a key element when comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find all the languages that both easyMarkets and Phoenix Markets support.
How Many Clients Do easyMarkets and Phoenix Markets Have?
Both easyMarkets and Phoenix Markets are well known and trusted. It is really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users easyMarkets and Phoenix Markets are active on their platform
|
||
---|---|---|
Broker | easyMarkets | Phoenix Markets |
Clients / Users | 142,500+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do easyMarkets and Phoenix Markets Accept?
easyMarkets and Phoenix Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and Phoenix Markets
What Can You Trade With easyMarkets and Phoenix Markets?
easyMarkets offers 200 trading instruments whilst Phoenix Markets offers 97.
Below you will find a full breakdown of what both easyMarkets and Phoenix Markets offer.
easyMarkets Review
easyMarkets vs Phoenix Markets:
Table Of Contents
- Compare easyMarkets vs Phoenix Markets
- Benefits of easyMarkets and Phoenix Markets Compared
- Phoenix Markets and easyMarkets Mobile App Comparison
- easyMarkets vs Phoenix Markets - Awards
- easyMarkets vs Phoenix Markets - Frequently Asked Questions
- What is the minimum deposit for Phoenix Markets or easyMarkets
- easyMarkets vs Phoenix Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Phoenix Markets
- What Languages Do easyMarkets And Phoenix Markets Support?
- How Many Clients Do easyMarkets and Phoenix Markets Have?
- What Payment Methods Do easyMarkets and Phoenix Markets Accept?
- What Can You Trade With easyMarkets and Phoenix Markets?