Easy Markets vs Empower

Easy Markets vs Empower Comparison Table 2023
Easy Markets Empower
3
2.8

Empower is #23 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

easyMarkets is a multi-regulated forex broker offering leveraged trading opportunities on forex, stocks, indices, commodities and crypto. With fixed spreads, an affordable initial deposit, regulation from several reputable bodies and a diverse selection of account currencies, this broker provides simple and straightforward trading solutions to a diverse range of traders.

Empower, previously Personal Capital, is a US-based and SEC-regulated trading platform and advisory firm. Clients can access pensions, robo-advisors and do-it-yourself investing in stocks, mutual funds, fixed-income products and ETFs. Millions of clients trust Empower with their long-term investments, attracted by the suite of free financial planning tools and excellent reputation.

Comment by Reviewer
"Casual traders who want a secure and straightforward trading environment will find a good broker in easyMarkets. The fixed spreads and upfront fees will also appeal to newer traders and cost-conscious investors." "Empower is best for hands-off investors looking for a US-regulated platform and robo-advisor with free financial planning services. However, investors need to be willing to make a large minimum investment and pay higher than average fees for premium services."
Pros
  • Wide range of asset classes with a good depth of tradeable instruments
  • Regulated by several upper-tier bodies including CySEC and ASIC
  • Up to 50% first deposit bonus for new traders (outside the EU)
  • Supports MetaTrader 4, MetaTrader 5 and TradingView
  • Free research tools and news feeds
  • Responsive customer support
  • Low fixed spreads
  • Free research tools
  • Bitcoin account
  • Award-winning customer support team
  • Intelligent budgeting and portfolio management tools
  • Empower's advisory services are regulated by the SEC
  • Millions of active users and good industry reputation
  • Highly rated mobile app available on Apple and Android devices
  • Beginner-friendly financial dashboard with customizable widgets
  • Robo-advisor service with pre-built portfolios and investment strategies
Cons
  • Doesn't accept US clients
  • No raw spreads or cent account options
  • Spreads on standard account are wide
  • Lacks forex and VPS calculators
  • No copy trading
  • Limited choice of payment methods with only wire transfer
  • 0.49% - 0.89% management fees are high vs alternatives
  • $100,000 is needed for the robo-advisor service
  • No forex, commodity or crypto trading
  • No demo account for prospective users
  • Only available in the US
Awards
  • America’s Best Customer Service 2019 - Newsweek
Instruments
Stocks, CFD, Forex, Crypto Stocks, ETFs, Mutual Funds, Fixed Income
Demo Account
Yes No
Minimum Deposit
€100 $1 (Cash), $100,000 (Robo Advisor)
Trading Platforms
  • MT4
  • MT5
  • TradingView
  • Own
Payment Methods
Minimum Trade
Variable Variable
Regulator
CySec, ASIC, BVI, FSCA SEC, FINRA
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
Yes (Auto Portfolios)
Copy Trading
No No
Social Trading
No No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • PLN
  • CZK
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on hundreds of instruments including forex, equities, commodities, indices and cryptocurrencies with fixed or variable spreads and no commission charges. The CFD trading environment is intuitive and secure. CFD trading not offered
Leverage
1:30
GBPUSD Spread
0.9 (MT4)
Oil Spread
3 pips
Stocks Spread
0.1% Var
Forex Trading
Trade 60+ forex pairs including majors, minors and a selection of exotics and crosspairs with fixed spreads from 1.8 pips or variable spreads from 0.8. FX traders also get advanced trading software in MetaTrader. Forex trading not offered
GBPUSD Spread
1.3 var (MT5)
EURUSD Spread
0.9 (MT4)
EURGBP Spread
1.5 (MT4)
Assets
81+
Cryptocurrency
Trade 20 cryptocurrency CFDs paired with USD with high leverage available up to 1:400 on easyMarkets' offshore branch. Traders can speculate on major digital assets like Bitcoin. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • XRP
  • ETH
  • LTC
  • BCH
  • XLM
  • ADA
  • ALG
  • SOL
  • UNI
  • DOT
  • LNK
  • ZEC
  • OMG
  • MTC
  • DSH
  • DOG
  • CHZ
  • AVA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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