Compare Admiral Markets vs EagleFX
What is Admiral Markets? What is EagleFX?
Admiral Markets is a global broker that was founded in 2001 and is regulated by multiple authorities, including the UK’s FCA, Australia’s ASIC, Cyprus’ CySEC and Estonia’s EFSA. Admiral Markets offers over 8,000 instruments across forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies.
EagleFX is a relatively new broker that was established in 2019 and is not regulated by any reputable authority. EagleFX offers over 200 instruments across forex, cryptocurrencies, commodities and indices.
Admiral Markets vs EagleFX Regulation Comparison
Admiral Markets has a clear advantage over EagleFX in this regard, as it is regulated by several well-known and respected regulators, while EagleFX is not regulated by any authority and operates from Dominica, a jurisdiction with lax financ Admiral Markets offers a much wider range of instruments than EagleFX, with over 8,000 products across various asset classes, while EagleFX only offers around 200 products, mostly focused on forex and cryptocurrencies. Admiral Markets also allows traders to access global markets such as the US, UK, Europe, Asia and Australia, while EagleFX has a more limited coverage .ial laws.
Admiral Markets also segregates client funds from its own and participates in compensation schemes that protect clients in case of insolvency. EagleFX does not provide any information about its fund segregation or compensation policies.
Admiral Markets vs EagleFX Trading Assets Comparison
Admiral Markets offers a much wider range of instruments than EagleFX, with over 8,000 products across various asset classes, while EagleFX only offers around 200 products, mostly focused on forex and cryptocurrencies. Admiral Markets also allows traders to access global markets such as the US, UK, Europe, Asia and Australia, while EagleFX has a more limited coverage .
Admiral Markets vs EagleFX Trading Fees Comparison
Both Admiral Markets and EagleFX offer competitive spreads and commissions on their trading platforms, but there are some differences to note. Admiral Markets offers four types of accounts: Trade.MT4, Trade.MT5, Zero.MT4 and Zero.MT5. The Trade accounts have no commissions but higher spreads, while the Zero accounts have lower spreads but charge commissions per lot. The average spread for EUR/USD on the Trade accounts is 0.6 pips, while on the Zero accounts it is 0.1 pips plus $3 per lot commission. EagleFX offers one type of account with variable spreads and no commissions. The average spread for EUR/USD on EagleFX is 0.3 pips. Both brokers also charge swap fees for holding positions overnight and may charge inactivity fees for dormant accounts .
Admiral Markets vs EagleFX Account Types Comparison
Admiral Markets offers four types of accounts: Trade.MT4, Trade.MT5, Zero.MT4 and Zero.MT5. The main differences between them are the spreads, commissions and available instruments. The Trade accounts have access to all instruments offered by Admiral Markets, while the Zero accounts have access to fewer instruments but lower costs. The minimum deposit for all accounts is $100. EagleFX offers one type of account with variable spreads and no commissions. The account has access to all instruments offered by EagleFX and has a minimum deposit of $10.
Admiral Markets vs EagleFX Deposit Options Comparison
Both Admiral Markets and EagleFX offer a range of payment methods for deposits and withdrawals, including bank transfers, credit/debit cards, e-wallets and cryptocurrencies. However, there are some differences in terms of fees, processing times and limits. Admiral Markets does not charge any fees for deposits or withdrawals but may pass on any charges incurred by its payment providers. The processing time for deposits is usually instant or within one business day, while for withdrawals it is usually within one or two business days. The minimum deposit amount is $100 or equivalent in other currencies. EagleFX does not charge any fees for deposits but may charge withdrawal fees depending on the method used. The processing time for deposits is usually instant or within one hour, while for withdrawals it is usually within one or two business days. The minimum deposit amount is $10 or equivalent in other currencies.
Admiral Markets vs EagleFX Trading Platforms Comparison
Both Admiral Markets and EagleFX offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used by traders around the world for their advanced features, user-friendly interface and customizability.
Both brokers also offer web-based and mobile versions of the platforms, as well as a range of trading tools and indicators .
Admiral Markets vs EagleFX Analytical Tools Comparison
Both Admiral Markets and EagleFX offer some analytical tools on their platforms, such as economic calendars, news feeds, charting tools and technical indicators. However, Admiral Markets has a clear edge over EagleFX in this regard, as it also offers additional tools such as Autochartist, Trading Central, Premium Analytics and MetaTrader Supreme Edition. These tools provide traders with more insights, signals, strategies and features to enhance their trading .
Admiral Markets vs EagleFX. Which forex broker is better? Which forex broker should you choose?
Các nhà môi giới khác nhau có thể phù hợp với các nhà giao dịch khác nhau tùy thuộc vào sở thích, mục tiêu và chiến lược của họ. Tuy nhiên, bạn có thể xem xét một số hướng dẫn chung để giúp bạn đưa ra quyết định sáng suốt.
Admiral Markets may be a better choice for you if:
- You value regulation and the security of your money
- You want access to a wide variety of instruments across different asset classes
- You want to benefit from additional analytical tools and features
- You don’t mind paying higher spreads or commissions for some instruments
EagleFX may be a better choice for you if:
- You feel comfortable dealing with an unregulated broker
- You are mainly interested in forex and cryptocurrencies
- You want to enjoy lower spreads and no commissions on all instruments
- You don’t need any additional tools or features beyond the basic ones
In the end, the best way to find out which broker is better for you is to experiment for yourself. You can open a demo account with both brokers and test their platforms, services and trading conditions before switching to a real account. This way you can see for yourself which broker meets your expectations and suits your trading style.
