EagleFX
fx private
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while fx private was established in 2020 and is based in USA. EagleFX holds licences including Unregulated, while fx private is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; fx private has 12,000,000+. The minimum deposit is $10 at EagleFX and $250 at fx private.
| Feature | EagleFX | fx private |
|---|---|---|
| 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-F239 |
| Founded | 2019 | 2020 |
| Country | Dominica | USA |
| Clients | 5,000+ | 12,000,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and fx private, 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 private). Both brokers charge withdrawal fees. EagleFX applies inactivity fees on dormant accounts; fx private does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | fx private |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while fx private supports MT5, cTrader. EagleFX supports social and copy trading features, which fx private does not offer. The two brokers are closely matched on platform offering.
| Feature | EagleFX | fx private |
|---|---|---|
| MT4 | Yes | No |
| 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 private compare. fx private has a video library; EagleFX does not. fx private integrates third-party research tools (Autochartist); EagleFX does not. fx private scores higher overall in education and research.
| Feature | EagleFX | fx private |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 fx private supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx private uniquely supports PayPal and Skrill and Neteller among the two brokers. fx private scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | fx private |
|---|---|---|
| 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 private offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and fx private supports 8, giving fx private broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | fx private |
|---|---|---|
| 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 |