CFI Markets
EagleFX
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Overview
CFI Markets was founded in 2012 and is headquartered in Cyprus, while EagleFX was established in 2019 and is based in Dominica. CFI Markets holds licences including Financial Conduct Authority (FCA), while EagleFX is regulated by Unregulated among others. CFI Markets serves 10,000+ clients worldwide; EagleFX has 5,000+. The minimum deposit is $100 at CFI Markets and $10 at EagleFX.
| Feature | CFI Markets | EagleFX |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | Unregulated |
| Founded | 2012 | 2019 |
| Country | Cyprus | Dominica |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between CFI Markets 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 CFI Markets). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. CFI Markets charges deposit fees; EagleFX does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | CFI Markets | EagleFX |
|---|---|---|
| Min. Deposit | $100 | $10 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
CFI Markets offers MT4, MT5, cTrader, while EagleFX supports MT4, MT5, cTrader, a proprietary platform. CFI Markets offers a mobile trading app; mobile availability for EagleFX is limited. Both brokers support copy or social trading, catering to less hands-on investors. CFI Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | CFI Markets | EagleFX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, Mac, Tablet & Mobile apps | 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 CFI Markets and EagleFX compare. CFI Markets runs regular live webinars; EagleFX does not. CFI Markets has a video library; EagleFX does not. CFI Markets publishes daily market commentary; EagleFX does not. CFI Markets integrates third-party research tools (Trading Central); EagleFX does not. CFI Markets maintains an archive of past webinars for on-demand viewing. CFI Markets scores higher overall in education and research.
| Feature | CFI Markets | EagleFX |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CFI Markets 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 | CFI Markets | 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 CFI Markets 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 | CFI Markets | EagleFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |