EagleFX
Forex EE
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Forex EE was established in 2008 and is based in Grenadines. EagleFX holds licences including Unregulated, while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. EagleFX serves 5,000+ clients worldwide; Forex EE has 10,000+. The minimum deposit is $10 at EagleFX and $100 at Forex EE.
| Feature | EagleFX | Forex EE |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Regulation | Unregulated | Ministry of Economic Affairs in Estonia |
| Founded | 2019 | 2008 |
| Country | Dominica | Grenadines |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Forex EE, 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 EE). Both brokers charge withdrawal fees. EagleFX applies inactivity fees on dormant accounts; Forex EE does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | Forex EE |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while Forex EE supports MT5, cTrader. EagleFX supports social and copy trading features, which Forex EE does not offer. The two brokers are closely matched on platform offering.
| Feature | EagleFX | Forex EE |
|---|---|---|
| MT4 | Yes | No |
| 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 | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and Forex EE compare. Forex EE has a video library; EagleFX does not. Forex EE integrates third-party research tools (Autochartist); EagleFX does not. Forex EE scores higher overall in education and research.
| Feature | EagleFX | Forex EE |
|---|---|---|
| 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 Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | EagleFX | Forex EE |
|---|---|---|
| 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 EE 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 EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |