EagleFX
Forex Club
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Forex Club was established in 2008 and is based in Russia. EagleFX holds licences including Unregulated, while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. EagleFX serves 5,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $10 at EagleFX and $100 at Forex Club.
| Feature | EagleFX | Forex Club |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2019 | 2008 |
| Country | Dominica | Russia |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Forex Club, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Forex Club). EagleFX charges withdrawal fees while Forex Club does not, a notable advantage for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; Forex Club does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | Forex Club |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while Forex Club supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. Forex Club edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | Forex Club |
|---|---|---|
| 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 | MT4,WEB,desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and Forex Club compare. Forex Club runs regular live webinars; EagleFX does not. Forex Club has a video library; EagleFX does not. Forex Club publishes daily market commentary; EagleFX does not. Forex Club integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. Forex Club maintains an archive of past webinars for on-demand viewing. Forex Club scores higher overall in education and research.
| Feature | EagleFX | Forex Club |
|---|---|---|
| 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 Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | EagleFX | Forex Club |
|---|---|---|
| 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 Forex Club 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 | Forex Club |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |