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EagleFX logo

EagleFX

5.8/10

eOption

4.7/10
3/10RegulationTied3/10
10/10WinnerFees0/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

EagleFX was founded in 2019 and is headquartered in Dominica, while eOption was established in 2008 and is based in USA. Both brokers are regulated by Unregulated, among other authorities. EagleFX serves 5,000+ clients worldwide; eOption has 10,000+. The minimum deposit is $10 at EagleFX and $500 at eOption.

EagleFX wins this category
FeatureEagleFXeOption
Min. Deposit$10$500
RegulationUnregulatedUnregulated
Founded20192008
CountryDominicaUSA
Clients5,000+10,000+

Fees

Fees are a critical factor when choosing between EagleFX and eOption, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $500 at eOption). Both brokers charge withdrawal fees. EagleFX applies inactivity fees on dormant accounts; eOption does not. eOption charges deposit fees; EagleFX does not. Overall, EagleFX scores higher on fees in our assessment.

EagleFX wins this category
FeatureEagleFXeOption
Min. Deposit$10$500
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

EagleFX offers MT4, MT5, cTrader, a proprietary platform, while eOption supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which eOption does not offer. eOption edges ahead on platform breadth and functionality in our scoring.

eOption wins this category
FeatureEagleFXeOption
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsDealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web)

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and eOption compare. eOption has a video library; EagleFX does not. eOption integrates third-party research tools (Autochartist); EagleFX does not. eOption scores higher overall in education and research.

eOption wins this category
FeatureEagleFXeOption
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

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 eOption supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureEagleFXeOption
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 EagleFX and eOption 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
FeatureEagleFXeOption
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese