CM Trading
EagleFX
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Overview
CM Trading was founded in 2011 and is headquartered in Seychelles, while EagleFX was established in 2019 and is based in Dominica. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while EagleFX is regulated by Unregulated among others. CM Trading serves 10,000+ clients worldwide; EagleFX has 5,000+. The minimum deposit is $250 at CM Trading and $10 at EagleFX.
| Feature | CM Trading | EagleFX |
|---|---|---|
| Min. Deposit | $250 | $10 |
| Regulation | Financial Sector Conduct Authority (FSCA) | Unregulated |
| Founded | 2011 | 2019 |
| Country | Seychelles | Dominica |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between CM Trading and EagleFX, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at CM Trading). EagleFX charges withdrawal fees while CM Trading does not, giving CM Trading an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, EagleFX scores higher on fees in our assessment.
| Feature | CM Trading | EagleFX |
|---|---|---|
| Min. Deposit | $250 | $10 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
CM Trading offers MT4, MT5, cTrader, while EagleFX supports MT4, MT5, cTrader, a proprietary platform. CM Trading offers a mobile trading app; mobile availability for EagleFX is limited. Both brokers support copy or social trading, catering to less hands-on investors. CM Trading edges ahead on platform breadth and functionality in our scoring.
| Feature | CM Trading | 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, Mirror Trader, Sirix, Web Trader, 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 CM Trading and EagleFX compare. CM Trading has a video library; EagleFX does not. CM Trading integrates third-party research tools (Autochartist); EagleFX does not. CM Trading scores higher overall in education and research.
| Feature | CM Trading | EagleFX |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CM Trading 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 | CM Trading | 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 CM Trading 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 | CM Trading | EagleFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |