EagleFX vs Easy Markets

EagleFX vs Easy Markets Comparison Table 2024
EagleFX	Easy Markets
Review 4.1	Review 3

EagleFX is a forex and CFD broker, established in 2019. The broker uses STP execution on the MT4 platform, offering tight spreads and low commissions. With leverage up to 1:500 and no restrictions on hedging or scalping, EagleFX is an attractive option for short-term traders.	Founded in 2001, easyMarkets is a multi-regulated forex broker offering leveraged trading opportunities on forex, stocks, indices, commodities and crypto. With fixed spreads, an affordable initial deposit, regulation from several reputable bodies and a diverse selection of account currencies, this broker provides simple and straightforward trading solutions to a diverse range of traders.
Customer Reviews
5 Based on 1 EagleFX customer reviews
Comment by Reviewer
"EagleFX will serve experienced day traders looking for raw ECN spreads, high leverage and fast withdrawals. Beginners can also take advantage of the low $10 minimum deposit and round-the-clock support. However, the lack of regulation is a major drawback."	"Casual traders who want a secure and straightforward trading environment will find a good broker in easyMarkets. The fixed spreads and upfront fees will also appeal to newer traders and cost-conscious investors."
Pros
The $6 round-turn commissions are competitive (other commission structures we review come in at around $7 per round-turn) The broker offers free and unlimited demo accounts in MT4, plus no inactivity fees - ideal for beginners seeking flexibility The broker offers Bitcoin deposits, as well as fast-tracked withdrawals, which will serve more active traders EagleFX continues to offer 24/7 customer support to clients via live chat, email or telephone High forex leverage is available for experienced investors, up to 1:500	Day traders can access an excellent range of risk management tools, including negative balance protection, guaranteed stop loss orders and the proprietary dealCancellation tool High-quality day trading software is available including TradingView, with 100+ overlays and indicators, plus deep market insights The Bitcoin base currency account makes it easy to store and trade cryptos without the need for a fiat exchange easyMarkets is regulated by top authorities including the CySEC and ASIC, and has a strong 20+ year history There’s a wide range of free research tools and news feeds available in all the broker's platforms
Cons
There are very limited educational resources, market research and popular additional tools like copy trading - common features found at many alternatives The range of 100+ instruments is very limited compared to the hundreds offered by most other competitors The broker is based offshore and is unregulated, meaning traders will receive little to no safeguards	There's no copy trading service for beginners looking to follow successful strategies, or for experienced traders looking to sell their own strategies The broker doesn’t offer any raw-spread or cent account options, which puts it behind top competitors like Vantage Spreads on the Standard account are fairly wide based on tests, starting from 1.7 pips for EUR/USD There is no VPS service for seasoned algo traders looking to run their automated strategies 24/7
Awards
FX Broker With Best Withdrawal Options 2020 Best ECN/STP Broker 2020 Best Forex Broker 2020
Instruments
Forex, CFDs, Indices, Stocks, Commodities, Cryptocurrencies	CFDs, Forex, Stocks, Cryptos, Commodities
Demo Account
Yes	Yes
Minimum Deposit
$10	€100
Trading Platforms
MT4	MT4 MT5 TradingView
Payment Methods
Bitcoin Payments Credit Card Debit Card Mastercard Visa Wire Transfer	AstroPay Bitcoin Payments Credit Card Debit Card Perfect Money Sticpay UnionPay Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	Variable
Regulator
	CySec, ASIC, BVI, FSCA
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS, Android and Windows
Android App Rating
4.4	3.6
iOS App Rating
4.8	4.6
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
MT4
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD JPY TRY SEK CHF PLN CZK
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq S&P 500	London Stock Exchange
Commodities
Gold Oil Silver	Gold Palladium Silver Soybeans
CFD Trading
The broker offers a small range of 100+ CFD instruments spanning key markets, with high leverage up to 1:500. Pricing is reasonable, with round turn commissions coming in at $6 alongside tight spreads. Multiple short-term strategies are also permitted, including hedging and scalping.	You can trade 275+ CFD instruments covering equities, currencies, commodities, indices and cryptocurrencies. The broker offers flexible day trading software and account options, plus access to the unique dealCancellation risk management tool, which is ideal for beginners.
Leverage
1:500	1:30
FTSE Spread
0.77
GBPUSD Spread
1.3	0.9 (MT4)
Oil Spread
0.09	3 pips
Stocks Spread
Variable	0.1% Var
Forex Trading
You can go long or short on over 50 forex pairs from majors to exotics, with competitive spreads as low as 0.1 pips. The broker offers the leading charting software, MetaTrader 4, which delivers a host of advanced features, including 9 timeframes and over 30 indicators.	easyMarkets continues to offer 60+ forex pairs including majors, minors and a selection of exotics, with fixed spreads from 1.8 pips or variable spreads from 0.8 pips. FX traders can access advanced trading software in MetaTrader, as well as very high leverage up to 1:2000.
GBPUSD Spread
1.3	1.3 var (MT5)
EURUSD Spread
0.7	0.9 (MT4)
EURGBP Spread
1.4	1.5 (MT4)
Assets
55	81+
Cryptocurrency
A strong range of cryptocurrencies are available with 35+ tokens including popular assets like Bitcoin and Ethereum. You can also make convenient Bitcoin deposits within minutes, with no transfer fees.	There’s a modest range of 20 cryptocurrencies paired with USD available, with high leverage up to 1:400. You can also access a Bitcoin base currency account which offers a convenient way to hold and trade your crypto assets without the need for an exchange.
Spread
Floating	Variable
Coins
BCH BTC DASH EOS BIT ETP LTC BTC OMG ZEC USDT BCH ETP QTUM XMR DOT ETC IOS NEO SAN ZRX EDO ETH IOT NEO SAN XRP BTG EDO ETH OMG TRX XRP	BTC XRP ETH LTC BCH XLM ADA ALG SOL UNI DOT LNK ZEC OMG MTC DSH DOG CHZ AVA
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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