B
Coinbase logo

Coinbase

7.2/10
EagleFX logo

EagleFX

5.8/10
7/10WinnerRegulation3/10
8/10FeesWinner10/10
9/10WinnerPlatforms7/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Coinbase was founded in 1989 and is headquartered in United States, while EagleFX was established in 2019 and is based in Dominica. Coinbase holds licences including Financial Conduct Authority (FCA), while EagleFX is regulated by Unregulated among others. Coinbase serves 10,000+ clients worldwide; EagleFX has 5,000+. The minimum deposit is $100 at Coinbase and $10 at EagleFX.

Coinbase wins this category
FeatureCoinbaseEagleFX
Min. Deposit$100$10
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded19892019
CountryUnited StatesDominica
Clients10,000+5,000+

Fees

Fees are a critical factor when choosing between Coinbase 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 Coinbase). EagleFX charges withdrawal fees while Coinbase does not, giving Coinbase an edge for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; Coinbase does not. Overall, EagleFX scores higher on fees in our assessment.

EagleFX wins this category
FeatureCoinbaseEagleFX
Min. Deposit$100$10
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Coinbase offers MT4, MT5, cTrader, while EagleFX supports MT4, MT5, cTrader, a proprietary platform. Coinbase offers a mobile trading app; mobile availability for EagleFX is limited. Both brokers support copy or social trading, catering to less hands-on investors. Coinbase edges ahead on platform breadth and functionality in our scoring.

Coinbase wins this category
FeatureCoinbaseEagleFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesNo
Android AppYesNo
Trading PlatformsiPhone/iPad,iOS,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 Coinbase and EagleFX compare. Coinbase has a video library; EagleFX does not. Coinbase integrates third-party research tools (Autochartist); EagleFX does not. Coinbase scores higher overall in education and research.

Coinbase wins this category
FeatureCoinbaseEagleFX
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Coinbase 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.

Tied
FeatureCoinbaseEagleFX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Coinbase 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.

Tied
FeatureCoinbaseEagleFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese