EagleFX
Plus500
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Plus500 was established in 2008 and is based in Israel. EagleFX holds licences including Unregulated, while Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909) among others. EagleFX serves 5,000+ clients worldwide; Plus500 has 1,000,000+. The minimum deposit is $10 at EagleFX and $100 at Plus500.
| Feature | EagleFX | Plus500 |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Regulation | Unregulated | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 |
| Founded | 2019 | 2008 |
| Country | Dominica | Israel |
| Clients | 5,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Plus500, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Plus500). EagleFX charges withdrawal fees while Plus500 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 | Plus500 |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while Plus500 supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. Plus500 edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | Plus500 |
|---|---|---|
| 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 Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EagleFX and Plus500 compare. Plus500 runs regular live webinars; EagleFX does not. Plus500 has a video library; EagleFX does not. Plus500 publishes daily market commentary; EagleFX does not. Plus500 integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. Plus500 maintains an archive of past webinars for on-demand viewing. Plus500 scores higher overall in education and research.
| Feature | EagleFX | Plus500 |
|---|---|---|
| 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 Plus500 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Plus500 uniquely supports PayPal and Skrill among the two brokers. Plus500 scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | Plus500 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both EagleFX and Plus500 offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and Plus500 supports 15, giving Plus500 broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | Plus500 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |