EagleFX
Evolution Brokers
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Evolution Brokers was established in 2008 and is based in Belize. EagleFX holds licences including Unregulated, while Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. EagleFX serves 5,000+ clients worldwide; Evolution Brokers has 10,000+. The minimum deposit is $10 at EagleFX and $300 at Evolution Brokers.
| Feature | EagleFX | Evolution Brokers |
|---|---|---|
| Min. Deposit | $10 | $300 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2019 | 2008 |
| Country | Dominica | Belize |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Evolution Brokers, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $300 at Evolution Brokers). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | Evolution Brokers |
|---|---|---|
| Min. Deposit | $10 | $300 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while Evolution Brokers supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which Evolution Brokers does not offer. Evolution Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | Evolution Brokers |
|---|---|---|
| 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 | WEB,Desktop,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and Evolution Brokers compare. Evolution Brokers runs regular live webinars; EagleFX does not. Evolution Brokers has a video library; EagleFX does not. Evolution Brokers publishes daily market commentary; EagleFX does not. Evolution Brokers integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | EagleFX | Evolution Brokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 Evolution Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | EagleFX | Evolution Brokers |
|---|---|---|
| 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 Evolution Brokers 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 | Evolution Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |