EagleFX
PaxForex
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. EagleFX holds licences including Unregulated, while PaxForex is regulated by Financial Services Authority (FSA) among others. EagleFX serves 5,000+ clients worldwide; PaxForex has 350+. Both brokers share the same minimum deposit of $10.
| Feature | EagleFX | PaxForex |
|---|---|---|
| Min. Deposit | $10 | $10 |
| Regulation | Unregulated | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 |
| Founded | 2019 | 2011 |
| Country | Dominica | Saint Vincent and the Grenadines |
| Clients | 5,000+ | 350+ |
Fees
Fees are a critical factor when choosing between EagleFX and PaxForex, directly affecting your bottom line as a trader. Both require a minimum deposit of $10. Both brokers charge withdrawal fees. EagleFX applies inactivity fees on dormant accounts; PaxForex does not. PaxForex charges deposit fees; EagleFX does not. The two brokers are broadly comparable on fee structure.
| Feature | EagleFX | PaxForex |
|---|---|---|
| Min. Deposit | $10 | $10 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while PaxForex supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. PaxForex edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | PaxForex |
|---|---|---|
| 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 | Web, iPad, mac, Desktop, iPhone iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and PaxForex compare. PaxForex runs regular live webinars; EagleFX does not. PaxForex has a video library; EagleFX does not. PaxForex publishes daily market commentary; EagleFX does not. PaxForex integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. PaxForex maintains an archive of past webinars for on-demand viewing. PaxForex scores higher overall in education and research.
| Feature | EagleFX | PaxForex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 PaxForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PaxForex uniquely supports Skrill and Neteller among the two brokers. PaxForex scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | PaxForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 PaxForex offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and PaxForex supports 15, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | PaxForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |