Bitfinex
EagleFX
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Overview
Bitfinex was founded in 2015 and is headquartered in New Zealand, while EagleFX was established in 2019 and is based in Dominica. Bitfinex holds licences including Financial Services Provider (FSP), while EagleFX is regulated by Unregulated among others. Bitfinex serves 10,000+ clients worldwide; EagleFX has 5,000+. The minimum deposit is $100 at Bitfinex and $10 at EagleFX.
| Feature | Bitfinex | EagleFX |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Regulation | Financial Services Provider (FSP) | Unregulated |
| Founded | 2015 | 2019 |
| Country | New Zealand | Dominica |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between Bitfinex and EagleFX, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Bitfinex). Both brokers charge withdrawal fees. EagleFX applies inactivity fees on dormant accounts; Bitfinex does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | Bitfinex | EagleFX |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bitfinex offers MT5, cTrader, while EagleFX supports MT4, MT5, cTrader, a proprietary platform. Bitfinex offers a mobile trading app; mobile availability for EagleFX is limited. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Bitfinex | EagleFX |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | Android Apps,iPhone/iPad,Desktop | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bitfinex and EagleFX compare. Bitfinex runs regular live webinars; EagleFX does not. Bitfinex has a video library; EagleFX does not. Bitfinex publishes daily market commentary; EagleFX does not. Bitfinex integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. Bitfinex maintains an archive of past webinars for on-demand viewing. Bitfinex scores higher overall in education and research.
| Feature | Bitfinex | EagleFX |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bitfinex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while EagleFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bitfinex | EagleFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bitfinex and EagleFX offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Bitfinex | EagleFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |