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EagleFX logo

EagleFX

5.8/10

phillip capital limited

7.4/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

EagleFX was founded in 2019 and is headquartered in Dominica, while phillip capital limited was established in 2016 and is based in Bulgaria. EagleFX holds licences including Unregulated, while phillip capital limited is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; phillip capital limited has 10,000+. The minimum deposit is $10 at EagleFX and $250 at phillip capital limited.

phillip capital limited wins this category
FeatureEagleFXphillip capital limited
Min. Deposit$10$250
RegulationUnregulatedFinancial 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-F295
Founded20192016
CountryDominicaBulgaria
Clients5,000+10,000+

Fees

Fees are a critical factor when choosing between EagleFX and phillip capital limited, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at phillip capital limited). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, EagleFX scores higher on fees in our assessment.

EagleFX wins this category
FeatureEagleFXphillip capital limited
Min. Deposit$10$250
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

EagleFX offers MT4, MT5, cTrader, a proprietary platform, while phillip capital limited supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which phillip capital limited does not offer. phillip capital limited edges ahead on platform breadth and functionality in our scoring.

phillip capital limited wins this category
FeatureEagleFXphillip capital limited
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMT4, 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 phillip capital limited compare. phillip capital limited has a video library; EagleFX does not. phillip capital limited integrates third-party research tools (Autochartist); EagleFX does not. phillip capital limited scores higher overall in education and research.

phillip capital limited wins this category
FeatureEagleFXphillip capital limited
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

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 phillip capital limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). phillip capital limited uniquely supports PayPal and Skrill and Neteller among the two brokers. phillip capital limited scores higher on deposit and withdrawal flexibility.

phillip capital limited wins this category
FeatureEagleFXphillip capital limited
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both EagleFX and phillip capital limited offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and phillip capital limited supports 8, giving phillip capital limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEagleFXphillip capital limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic