EagleFX
ForexMart
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while ForexMart was established in 2015 and is based in Cyprus. EagleFX holds licences including Unregulated, while ForexMart is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. EagleFX serves 5,000+ clients worldwide; ForexMart has 10,000+. The minimum deposit is $10 at EagleFX and $1 at ForexMart.
| Feature | EagleFX | ForexMart |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2019 | 2015 |
| Country | Dominica | Cyprus |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and ForexMart, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $10 at EagleFX). Both brokers charge withdrawal fees. EagleFX applies inactivity fees on dormant accounts; ForexMart does not. ForexMart charges deposit fees; EagleFX does not. The two brokers are broadly comparable on fee structure.
| Feature | EagleFX | ForexMart |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while ForexMart supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. ForexMart edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | ForexMart |
|---|---|---|
| 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 ForexMart compare. ForexMart runs regular live webinars; EagleFX does not. ForexMart has a video library; EagleFX does not. ForexMart publishes daily market commentary; EagleFX does not. ForexMart integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. ForexMart maintains an archive of past webinars for on-demand viewing. ForexMart scores higher overall in education and research.
| Feature | EagleFX | ForexMart |
|---|---|---|
| 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 ForexMart supports 4 (bank transfer, credit/debit card, Skrill, Neteller). ForexMart uniquely supports Skrill and Neteller among the two brokers. ForexMart scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | ForexMart |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both EagleFX and ForexMart offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and ForexMart supports 15, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | ForexMart |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |