Compare forex brokers FXTM VS Eaglefx

If you're choosing between FXTM and Eaglefx forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is FXTM better than Eaglefx? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

FXTM VS EAGLEFX

EagleFX
EagleFX Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this EagleFX broker review.

Founded in 2019, EagleFX operates with the goal to render Forex trading easily accessible, safe, simplistic, and profitable for traders throughout the world. This client-centric broker is passionate about offering extremely attractive trading conditions, which the firm delivers within the ever popular MT4 trading platform. With spreads starting at 0.1 pips and averaging only 0.3 pips, trading costs are kept to a minimum. Clients can stretch their trading dollars using leverage as high as 1:500, and are free to trade on over 200 total assets. A host of analytical tools are provided, helping traders to locate the most profitable entry and exit points.

FXTM
FXTM Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this FXTM broker review.

The FXTM brand was launched in 2011, with a unique vision to provide unparalleled trading conditions and all-encompassing educational tools for clients in the forex industry.

In the course of just a few years, FXTM has firmly established itself as a global broker; basing its entire philosophy around the most precious commodity of all: time. By valuing the time of its clients, business partners, and team of dedicated professionals, FXTM ensures that its trading and investment products and services are efficient, effective, and reliable.

# Broker's Features FXTM Availability EAGLEFX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare FXTM vs Eaglefx.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. FXTM offers Online Financial Trading and Investment Services Such as Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spo, while Eaglefx offers FX Majors, FX Crosses, FX Exotics, Cryptocurrencie.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. FXTM is Broker, ECN, while Eaglefx is ECN, STP.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. FXTM recommended minimum capital is 10, while Eaglefx has a Minimum Deposit Requirement of 10.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FXTM is regulated by CySEC, FCA, IFSC, while Eaglefx regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. FXTM offers EUR, USD, GBP, NGN different account currencies for each account types, while Eaglefx offers USD, EUR, GBP, BIT account currencies.

Languages Available: Next lets have a look at each broker's different Language options. FXTM offers English, Russian, over 18 languages supported, while Eaglefx offers English Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. FXTM offers Credit Cards, Wire Transfer, PayPal, Bitcoin different payment methods for each account types, while Eaglefx offers Credit Card, Bitcoin, Bank Wire payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FXTM makes MetaTrader4/5, MT4 MultiTerminal, WebTrader available to clients, while Eaglefx offers MT4.

The Verdict: FXTM or Eaglefx?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, FXTM is more reliable based on our criteria above. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. FXTM broker is regulated in more major hubs. FXTM offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. FXTM has a wider range of languages in which customer service is offered making the broker more accessible. Only FXTM provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.