EagleFX
Ellevest
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Ellevest was established in 2008 and is based in USA. Both brokers are regulated by Unregulated, among other authorities. EagleFX serves 5,000+ clients worldwide; Ellevest has 10,000+. The minimum deposit is $10 at EagleFX and $1 at Ellevest.
| Feature | EagleFX | Ellevest |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Regulation | Unregulated | Unregulated |
| Founded | 2019 | 2008 |
| Country | Dominica | USA |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Ellevest, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $10 at EagleFX). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ellevest charges deposit fees; EagleFX does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | Ellevest |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while Ellevest supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which Ellevest does not offer. Ellevest edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | Ellevest |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Windows, Android, Mac OS, iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and Ellevest compare. Ellevest has a video library; EagleFX does not. Ellevest integrates third-party research tools (Autochartist); EagleFX does not. Ellevest scores higher overall in education and research.
| Feature | EagleFX | Ellevest |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. EagleFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ellevest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | EagleFX | Ellevest |
|---|---|---|
| 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 EagleFX and Ellevest 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 | EagleFX | Ellevest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |