Comparison EasyMarkets vs Tastyworks
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare EasyMarkets vs Tastyworks. Which of them: EasyMarkets or Tastyworks a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Let’s analyze the commission fees on trading options. EasyMarkets has a commission fee of from 0.001 pips, Tastyworks has a commission fee of $1. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, Forex Trading, Crypto Trading are provided to customers by EasyMarkets and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Futures Trading are provided by Tastyworks. As for platforms, EasyMarkets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Tastyworks offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. EasyMarkets was founded in 2001 in Cyprus, and it is regulated by CySEC, ASIC. And Tastyworks was founded in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. Withdrawal of funds from EasyMarkets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Tastyworks provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $25-45. The time for withdrawal in EasyMarkets is 3 - 10 business days, and that one in Tastyworks is 3 business days.
As a result, the rating of EasyMarkets is 4.5 stars versus that of Tastyworks of 4 stars.