easyMarkets vs Gerchik & Co Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of easyMarkets and Gerchik & Co
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Rating | 4.5/5 | 3.9/5 |
| Foundation Year | 2001 | 2015 |
| Regulated in Countries | Seychelles, British Virgin Islands, Cyprus, Australia, South Africa | Vanuatu |
| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:2000 | 1:100 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | easyMarkets Review | Gerchik & Co Review |
easyMarkets is suitable for beginners thanks to simple conditions and a low minimum deposit, as well as for experienced traders who value MT4/MT5, TradingView, and VIP service.
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
easyMarkets Review
easyMarkets is a reliable international broker with nearly 25 years of experience, licenses from leading regulators (CySEC, ASIC, FSCA, etc.), and a focus on simplicity and trading safety. It suits beginner traders thanks to a low minimum deposit from 25 USD, fixed spreads, and a convenient proprietary platform with unique risk management tools. At the same time, the broker will also appeal to more experienced users thanks to the availability of MT4, MT5, TradingView, Islamic accounts, and VIP service. Despite a relatively average selection of CFD instruments and the absence of passive trading services, easyMarkets delivers a good combination of reliability, technology, and customer support.
Pros and Cons of easyMarkets
Pros
- Regulated in many jurisdictions.
- Unique risk management tools (dealCancellation, Freeze Rate).
- Access to various trading platforms.
- Minimum deposit from 25 USD, convenient for beginners.
- A wide range of deposit and withdrawal methods, including cryptocurrencies.
- Strong analytics (Daily Pitch, AI reviews, trading signals).
- Competent support with many contact channels.
Cons
- High swaps compared to competitors.
- No cent accounts or passive trading services (PAMM, copy trading).
- Average number of CFD instruments, behind market leaders.
easyMarkets is in the top 10 of the following ratings:
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co is in the top 10 of the following ratings:
Reliability
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Reliability | 5/5 | 3.4/5 |
| Foundation Year | 2001 | 2015 |
| Regulated in Countries | Seychelles, British Virgin Islands, Cyprus, Australia, South Africa | Vanuatu |
| Regulators | SFSA SFSA BVIFSC BVIFSC CySEC CySEC ASIC ASIC FSCA FSCA | VFSC VFSC |
easyMarkets
easyMarkets demonstrates a high level of reliability thanks to licenses from ASIC, CySEC, and FSCA, client protection, and extensive experience.
Pros
- Regulation by Tier-1/Tier-2 authorities
- Negative balance protection
- Long track record (since 2001)
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
Account Opening
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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easyMarkets
Opening an account with easyMarkets is simple and fast, with a minimum deposit from 25 USD. The process is convenient even for beginners.
Pros
- Fast online registration
- Minimum deposit 25 USD
- Support at every step
Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
Account Types
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Account Types | 4.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:2000 | 1:100 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
easyMarkets
easyMarkets offers a wide range of accounts for different categories of traders, including Islamic and VIP, but lacks cent and PAMM accounts.
Pros
- Demo account available
- Islamic account available
- VIP service for large clients
Cons
- No cent accounts
- No PAMM or copy trading
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
Commissions
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Commissions | 3.5/5 | 2/5 |
| Spread | from 0.7 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | |
| Commission per Lot | $5 |
easyMarkets
easyMarkets offers low spreads and free deposits/withdrawals, but high swaps and the inactivity fee make the overall conditions average.
Pros
- Low spreads
- No deposit/withdrawal fees
- Transparent conditions
Cons
- High swaps
- $25 inactivity fee
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading fees
Deposit and Withdrawal
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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easyMarkets
easyMarkets offers a wide range of deposit and withdrawal methods, including cryptocurrencies, with no broker-side fees.
Pros
- Instant deposits
- Cryptocurrency support
- No deposit/withdrawal fees
Cons
- Possible bank fees
Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
Markets and Products
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Markets and Products | 4.5/5 | 4.4/5 |
| Forex | 62 | 66 |
| Precious Metals | 9 | 7 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 7 | - |
| Indices | 26 | 14 |
| Stocks | 63 | 296 |
| Cryptocurrency | 19 | 11 |
| ETF | - | 21 |
easyMarkets
easyMarkets offers a wide range of markets, including Forex, stocks, commodities, and cryptocurrencies, but the overall number of CFD instruments remains average.
Pros
- Variety of asset classes
- Access to cryptocurrencies
- Ability to diversify
Cons
- An average number of CFDs compared to competitors
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded commodities
Trading Platforms
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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easyMarkets
easyMarkets offers a full suite of platforms—from its proprietary web platform to MT4, MT5, and TradingView. This is convenient for both beginners and experienced traders.
Pros
- Wide selection of platforms
- Unique dealCancellation and Freeze Rate features
- Mobile app support
Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
Analytics
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
easyMarkets
easyMarkets analytics is diverse and useful: from daily reviews and signals to AI tools and materials on trading psychology.
Pros
- Daily Pitch and trading signals
- Economic calendar
- AI reviews of stocks
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
Education
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Rating | 4/5 | 5/5 |
easyMarkets
easyMarkets education is useful for beginners: there are courses, books, and a knowledge base, but it lacks interactive formats.
Pros
- Online courses and books
- Convenient knowledge base
- Glossary of terms
Cons
- No regular webinars
- No podcasts or live video lessons
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
Customer Support
| Broker | easyMarkets | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Instagram
Facebook
Twitter
Weibo
LinkedIn
YouTube
Skype
TelegrameasyMarkets
easyMarkets technical support is fast and professional, available via chat, email, phone, and messengers.
Pros
- Many communication channels
- Fast responses
- Knowledgeable staff
Cons
- No local numbers in all countries
Gerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
