EagleFX
fx choice
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while fx choice was established in 2016 and is based in Australia. EagleFX holds licences including Unregulated, while fx choice is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; fx choice has 10,000+. The minimum deposit is $10 at EagleFX and $250 at fx choice.
| Feature | EagleFX | fx choice |
|---|---|---|
| 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-F235 |
| Founded | 2019 | 2016 |
| Country | Dominica | Australia |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and fx choice, 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 choice). EagleFX charges withdrawal fees while fx choice 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.
| Feature | EagleFX | fx choice |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while fx choice supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. fx choice edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | fx choice |
|---|---|---|
| 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 fx choice compare. fx choice runs regular live webinars; EagleFX does not. fx choice has a video library; EagleFX does not. fx choice publishes daily market commentary; EagleFX does not. fx choice integrates third-party research tools (Trading Central); EagleFX does not. fx choice maintains an archive of past webinars for on-demand viewing. fx choice scores higher overall in education and research.
| Feature | EagleFX | fx choice |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 fx choice supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx choice uniquely supports PayPal and Skrill and Neteller among the two brokers. fx choice scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | fx choice |
|---|---|---|
| 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 fx choice offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and fx choice supports 8, giving fx choice broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | fx choice |
|---|---|---|
| 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 |