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EagleFX logo

EagleFX

5.8/10

fx central clearing

7.7/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

EagleFX was founded in 2019 and is headquartered in Dominica, while fx central clearing was established in 2015 and is based in Portugal. EagleFX holds licences including Unregulated, while fx central clearing is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; fx central clearing has 30,000+. The minimum deposit is $10 at EagleFX and $250 at fx central clearing.

fx central clearing wins this category
FeatureEagleFXfx central clearing
Min. Deposit$10$250
RegulationUnregulatedFinancial 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-F234
Founded20192015
CountryDominicaPortugal
Clients5,000+30,000+

Fees

Fees are a critical factor when choosing between EagleFX and fx central clearing, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at fx central clearing). EagleFX charges withdrawal fees while fx central clearing does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, EagleFX scores higher on fees in our assessment.

EagleFX wins this category
FeatureEagleFXfx central clearing
Min. Deposit$10$250
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

EagleFX offers MT4, MT5, cTrader, a proprietary platform, while fx central clearing supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which fx central clearing does not offer. fx central clearing edges ahead on platform breadth and functionality in our scoring.

fx central clearing wins this category
FeatureEagleFXfx central clearing
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMT4, 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 fx central clearing compare. fx central clearing runs regular live webinars; EagleFX does not. fx central clearing has a video library; EagleFX does not. fx central clearing publishes daily market commentary; EagleFX does not. fx central clearing integrates third-party research tools (Trading Central); EagleFX does not. fx central clearing maintains an archive of past webinars for on-demand viewing. fx central clearing scores higher overall in education and research.

fx central clearing wins this category
FeatureEagleFXfx central clearing
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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 fx central clearing supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx central clearing uniquely supports PayPal and Skrill and Neteller among the two brokers. fx central clearing scores higher on deposit and withdrawal flexibility.

fx central clearing wins this category
FeatureEagleFXfx central clearing
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both EagleFX and fx central clearing offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and fx central clearing supports 8, giving fx central clearing broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEagleFXfx central clearing
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic