EagleFX
Zerodha
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Zerodha was established in 2010 and is based in India. EagleFX holds licences including Unregulated, while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. EagleFX serves 5,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $10 at EagleFX and $0 at Zerodha.
| Feature | EagleFX | Zerodha |
|---|---|---|
| Min. Deposit | $10 | $0 |
| Regulation | Unregulated | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2019 | 2010 |
| Country | Dominica | India |
| Clients | 5,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $10 at EagleFX). EagleFX charges withdrawal fees while Zerodha does not, a notable advantage for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; Zerodha does not. Zerodha charges deposit fees; EagleFX does not. The two brokers are broadly comparable on fee structure.
| Feature | EagleFX | Zerodha |
|---|---|---|
| Min. Deposit | $10 | $0 |
| 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 Zerodha supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which Zerodha does not offer. Zerodha edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | Zerodha |
|---|---|---|
| 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 Zerodha compare. Zerodha runs regular live webinars; EagleFX does not. Zerodha has a video library; EagleFX does not. Zerodha publishes daily market commentary; EagleFX does not. Zerodha integrates third-party research tools (Trading Central); EagleFX does not. Zerodha maintains an archive of past webinars for on-demand viewing. Zerodha scores higher overall in education and research.
| Feature | EagleFX | Zerodha |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
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 Zerodha supports 1 (bank transfer). EagleFX uniquely supports credit/debit card among the two brokers. EagleFX scores higher on deposit and withdrawal flexibility.
| Feature | EagleFX | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Zerodha offer live chat support. Both provide phone support. Email support is available at both brokers. EagleFX supports 2 languages and Zerodha supports 13, giving Zerodha broader global reach. Both brokers are comparable on support quality.
| Feature | EagleFX | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |