easyMarkets vs Westpac, Who's The Best?
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easyMarkets Rating
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Westpac Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs Westpac Guide |
Read our In-Depth easyMarkets vs Westpac Review - 2025 Update
This easyMarkets vs Westpac review has been refreshed to reflect any changes for 2025 from industry experts with considerable financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs Westpac 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.
Westpac Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs Westpac
Each platforms for online trading has certain pros and cons, so any comprehensive analysis of easyMarkets vs Westpac would not be complete without adopting a fair assessment.
Assess easyMarkets and Westpac in order to understand how these platforms line up against each other prior to you choose to open an account. Conducting a comparative analysis helps to put things in perspective to ensure that you remain cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between easyMarkets or Westpac. Who is better in 2025?
Our easyMarkets vs Westpac comparison contains the most recent information so you can easily compare Westpac against easyMarkets.
If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of broker since you keep trading. For starters, you need to choose the ideal broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. easyMarkets and Westpac are two such companies which will take you and your investment to great heights. It is important that you compare easyMarkets vs Westpac before you trust them with your cash.
Our easyMarkets vs Westpac comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Westpac side by side.
Our entire easyMarkets vs Westpac Review covers everything you will need to know about trading with either easyMarkets or Westpac. A fantastic broker can multiply your initial investments and provide you favorable profits. If you would like to make profits, you should trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a common misconception that all agents are exactly the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
easyMarkets and Westpac are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate a number of the vital facets of both easyMarkets and Westpac. This review will help you to know whether either Westpac or easyMarkets is a good fit for your investments or not. We have attempted to breakdown all the qualities and charges for your convenience.
Benefits of easyMarkets and Westpac Compared
easyMarkets has a minimum deposit of $100 while Westpac has a $50 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and Westpac 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 Westpac has around 200 available.
The more instruments you can trade on the easyMarkets and Westpac trading 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 should never want to miss out on a trading opportunity due to the limitations of easyMarkets or Westpac.
easyMarkets and Westpac Contact Details
Being able to contact a broker through many ways is important. easyMarkets and Westpac have the following contact details and social medias that you can use.
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Broker | easyMarkets | Westpac |
Telephone Number | +357 25 828 899 | |
support@easymarkets.com | ||
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
easyMarkets Twitter Account | Westpac Twitter Account | |
easyMarkets Facebook Page | Westpac Facebook Page | |
easyMarkets Instagram Account | Westpac Instagram Account | |
easyMarkets LinkedIn Page | Westpac LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | Westpac YouTube Channel |
Find Out More |
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Westpac 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.
In this part of our comparison of easyMarkets and Westpac we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the 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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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 Westpac - Awards
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Broker | easyMarkets | Westpac |
Awards |
easyMarkets have won a lot of industry awards over the time they have been operating as a financial broker. We list the most notable awards for easyMarkets here.
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At the time of writing this Westpac review, and despite Westpac’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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easyMarkets vs Westpac - Frequently Asked Questions
easyMarkets vs Westpac - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
Westpac was founded in 2008 and has its headquaters in Austrailia.
What is the minimum deposit for Westpac or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Westpac is $50.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and Westpac are a good option.
easyMarkets vs Westpac - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Westpac is regulated by Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA).
Both easyMarkets and Westpac have a powerful set of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare easyMarkets vs Westpac Commission And Fees
easyMarkets and Westpac are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the amount of clients they have.
But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of fees for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In these cases, you are paying a spread, funding rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight rates are those that are billed when you maintain a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither easyMarkets or Westpac charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often exchange, such as weekly or daily trading.
However, non-trading fees charged by easyMarkets and Westpac are comparatively higher. As a result, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This easyMarkets vs Westpac review for 2025 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And Westpac
What Languages Do easyMarkets And Westpac Support?
Being able to talk completely with your trading broker is a key element when comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading online.
Below you will find the languages that both easyMarkets and Westpac offer communication in.
How Many Clients Do easyMarkets and Westpac Have?
Both easyMarkets and Westpac are well established with their client base. It is important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients easyMarkets and Westpac are active on their platform
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Broker | easyMarkets | Westpac |
Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and Westpac Accept?
easyMarkets and Westpac 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 Westpac
What Can You Trade With easyMarkets and Westpac?
easyMarkets offers 200 trading instruments while Westpac offers 255.
Below you will find a full breakdown of what both easyMarkets and Westpac offer.
easyMarkets Review
easyMarkets vs Westpac:
Table Of Contents
- Compare easyMarkets vs Westpac
- Benefits of easyMarkets and Westpac Compared
- Westpac and easyMarkets Mobile App Comparison
- easyMarkets vs Westpac - Awards
- easyMarkets vs Westpac - Frequently Asked Questions
- What is the minimum deposit for Westpac or easyMarkets
- easyMarkets vs Westpac - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Westpac
- What Languages Do easyMarkets And Westpac Support?
- How Many Clients Do easyMarkets and Westpac Have?
- What Payment Methods Do easyMarkets and Westpac Accept?
- What Can You Trade With easyMarkets and Westpac?