EagleFX
speedtrader
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while speedtrader was established in 2017 and is based in Netherlands. EagleFX holds licences including Unregulated, while speedtrader is regulated by Financial Conduct Authority (FCA) among others. EagleFX serves 5,000+ clients worldwide; speedtrader has 3,500,000+. The minimum deposit is $10 at EagleFX and $250 at speedtrader.
| Feature | EagleFX | speedtrader |
|---|---|---|
| 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-F308 |
| Founded | 2019 | 2017 |
| Country | Dominica | Netherlands |
| Clients | 5,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and speedtrader, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $250 at speedtrader). EagleFX charges withdrawal fees while speedtrader does not, a notable advantage for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; speedtrader does not. speedtrader charges deposit fees; EagleFX does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | speedtrader |
|---|---|---|
| Min. Deposit | $10 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while speedtrader supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. speedtrader edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | speedtrader |
|---|---|---|
| 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 speedtrader compare. speedtrader runs regular live webinars; EagleFX does not. speedtrader has a video library; EagleFX does not. speedtrader publishes daily market commentary; EagleFX does not. speedtrader integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. speedtrader maintains an archive of past webinars for on-demand viewing. speedtrader scores higher overall in education and research.
| Feature | EagleFX | speedtrader |
|---|---|---|
| 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 speedtrader supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). speedtrader uniquely supports PayPal and Skrill and Neteller among the two brokers. speedtrader scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | speedtrader |
|---|---|---|
| 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 speedtrader offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and speedtrader supports 8, giving speedtrader broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | speedtrader |
|---|---|---|
| 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 |