EagleFX
ifc markets
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while ifc markets was established in 2016 and is based in Cyprus. EagleFX holds licences including Unregulated, while ifc markets is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $10 at EagleFX and $250 at ifc markets.
| Feature | EagleFX | ifc markets |
|---|---|---|
| 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-F259 |
| Founded | 2019 | 2016 |
| Country | Dominica | Cyprus |
| Clients | 5,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and ifc markets, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at ifc markets). EagleFX charges withdrawal fees while ifc markets 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 | ifc markets |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while ifc markets supports MT5, cTrader. EagleFX supports social and copy trading features, which ifc markets does not offer. The two brokers are closely matched on platform offering.
| Feature | EagleFX | ifc markets |
|---|---|---|
| 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 ifc markets compare. ifc markets has a video library; EagleFX does not. ifc markets integrates third-party research tools (Autochartist); EagleFX does not. ifc markets scores higher overall in education and research.
| Feature | EagleFX | ifc markets |
|---|---|---|
| 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 ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | ifc markets |
|---|---|---|
| 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 ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | ifc markets |
|---|---|---|
| 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 |