EagleFX
TopForex
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while TopForex was established in 2009 and is based in Cyprus. EagleFX holds licences including Unregulated, while TopForex is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. EagleFX serves 5,000+ clients worldwide; TopForex has 10,000+. The minimum deposit is $10 at EagleFX and $100 at TopForex.
| Feature | EagleFX | TopForex |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2019 | 2009 |
| Country | Dominica | Cyprus |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and TopForex, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at TopForex). Both brokers charge withdrawal fees. EagleFX applies inactivity fees on dormant accounts; TopForex does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | TopForex |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while TopForex supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. TopForex edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | TopForex |
|---|---|---|
| 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, 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 TopForex compare. TopForex runs regular live webinars; EagleFX does not. TopForex has a video library; EagleFX does not. TopForex publishes daily market commentary; EagleFX does not. TopForex integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. TopForex maintains an archive of past webinars for on-demand viewing. TopForex scores higher overall in education and research.
| Feature | EagleFX | TopForex |
|---|---|---|
| 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 TopForex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | EagleFX | TopForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| 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 TopForex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | EagleFX | TopForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |