EagleFX
forextime
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while forextime was established in 2011 and is based in Lebanon. EagleFX holds licences including Unregulated, while forextime is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; forextime has 200,000+. The minimum deposit is $10 at EagleFX and $250 at forextime.
| Feature | EagleFX | forextime |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F230 |
| Founded | 2019 | 2011 |
| Country | Dominica | Lebanon |
| Clients | 5,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and forextime, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at forextime). EagleFX charges withdrawal fees while forextime does not, a notable advantage for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; forextime does not. forextime charges deposit fees; EagleFX does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | forextime |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while forextime supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which forextime does not offer. forextime edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | forextime |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and forextime compare. forextime runs regular live webinars; EagleFX does not. forextime has a video library; EagleFX does not. forextime publishes daily market commentary; EagleFX does not. forextime integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. forextime maintains an archive of past webinars for on-demand viewing. forextime scores higher overall in education and research.
| Feature | EagleFX | forextime |
|---|---|---|
| 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 forextime supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). forextime uniquely supports PayPal and Skrill and Neteller among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | forextime |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 forextime offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and forextime supports 8, giving forextime broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | forextime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |