EagleFX
FreshForex
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 FreshForex was established in 2004 and is based in Russia. EagleFX holds licences including Unregulated, while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. EagleFX serves 5,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is $10 at EagleFX and $1 at FreshForex.
| Feature | EagleFX | FreshForex |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Regulation | Unregulated | SVGFSA 20623 IBC 2012 |
| Founded | 2019 | 2004 |
| Country | Dominica | Russia |
| Clients | 5,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and FreshForex, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $10 at EagleFX). EagleFX charges withdrawal fees while FreshForex does not, a notable advantage for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; FreshForex does not. The two brokers are broadly comparable on fee structure.
| Feature | EagleFX | FreshForex |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while FreshForex supports MT4, MT5, a proprietary platform. Both brokers support copy or social trading, catering to less hands-on investors. EagleFX edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | FreshForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | No | No |
| Android App | No | No |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Windows, MAC, Linux |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and FreshForex compare. FreshForex runs regular live webinars; EagleFX does not. FreshForex has a video library; EagleFX does not. FreshForex publishes daily market commentary; EagleFX does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | EagleFX | FreshForex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| Autochartist | No | No |
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 FreshForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). FreshForex uniquely supports Skrill and Neteller among the two brokers. FreshForex scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | FreshForex |
|---|---|---|
| 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 FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and FreshForex supports 1, giving EagleFX broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |