EagleFX
mbcfx
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 mbcfx was established in 2021 and is based in Puerto Rico. EagleFX holds licences including Unregulated, while mbcfx is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; mbcfx has 30,000+. The minimum deposit is $10 at EagleFX and $250 at mbcfx.
| Feature | EagleFX | mbcfx |
|---|---|---|
| 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-F276 |
| Founded | 2019 | 2021 |
| Country | Dominica | Puerto Rico |
| Clients | 5,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and mbcfx, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at mbcfx). EagleFX charges withdrawal fees while mbcfx does not, a notable advantage for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; mbcfx does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | mbcfx |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while mbcfx supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. mbcfx edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | mbcfx |
|---|---|---|
| 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 mbcfx compare. mbcfx has a video library; EagleFX does not. mbcfx integrates third-party research tools (Autochartist); EagleFX does not. mbcfx scores higher overall in education and research.
| Feature | EagleFX | mbcfx |
|---|---|---|
| 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 mbcfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). mbcfx uniquely supports PayPal and Skrill and Neteller among the two brokers. mbcfx scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | mbcfx |
|---|---|---|
| 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 mbcfx offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and mbcfx supports 8, giving mbcfx broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | mbcfx |
|---|---|---|
| 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 |