Compare NordFX vs EagleFX
What is NordFX? What is EagleFX?
NordFX is an international forex broker established in 2008. It offers trading on 33 FX pairs, metals, crypto, CFD indices, stocks and oil with low spreads, high leverage and no commissions on most accounts.
EagleFX is a forex and cryptocurrency STP broker established in 2019. It offers trading on hundreds of assets with tight spreads, fast execution speeds and leverage up to 1:500. It also provides 24/7 support and same day withdrawals.
NordFX vs EagleFX Regulation Comparison
NordFX is regulated by the Vanuatu Financial Services Commission (VFSC) under license number 15008.
EagleFX is not regulated by any authority and operates as an offshore entity in Dominica.
NordFX vs EagleFX Trading Assets Comparison
NordFX offers trading on 33 FX pairs, metals (gold and silver), crypto (Bitcoin, Ethereum, Litecoin and Ripple), CFD indices (Dow Jones, NASDAQ, S&P 500, etc.), stocks (Apple, Google, Facebook, etc.) and oil (Brent and WTI).
EagleFX offers trading on hundreds of assets across different categories, including forex (major, minor and exotic pairs), metals (gold and silver), crypto (over 50 coins), commodities (coffee, sugar, etc.), indices (Dow Jones, NASDAQ, S&P 500, etc.) and stocks (Apple, Google, Facebook, etc.).
NordFX vs EagleFX Trading Fees Comparison
NordFX charges no commissions on its Fix and Pro accounts, but charges a commission of 0.0035% per trade (each side) on its Zero account. The spreads vary depending on the account type and the asset traded. The average spread for EUR/USD is 2 pips on the Fix account, 0.9 pips on the Pro account and 0.3 pips on the Zero account.
EagleFX charges no commissions on any of its accounts. The spreads are variable and depend on the market conditions and the asset traded. The average spread for EUR/USD is 0.6 pips.
NordFX vs EagleFX Account Types Comparison
NordFX offers four types of accounts: Fix, Pro, Zero and Savings. The Fix account has a minimum deposit of $10, fixed spreads from 2 pips and leverage up to 1:1000. The Pro account has a minimum deposit of $100, variable spreads from 0.9 pips and leverage up to 1:1000. The Zero account has a minimum deposit of $500, variable spreads from 0 pips and leverage up to 1:1000. The Savings account has a minimum investment of $500, an average yearly interest of 30% and a yearly loan interest of 3%.
EagleFX offers only one type of account: Standard. The Standard account has a minimum deposit of $10, variable spreads from 0 pips and leverage up to 1:500.
NordFX vs EagleFX Deposit Options Comparison
NordFX accepts deposits and withdrawals via bank wire transfer, credit/debit cards (Visa and Mastercard), e-wallets (Skrill, Neteller, Perfect Money) and cryptocurrencies (Bitcoin). The processing time for deposits is instant for most methods except bank wire transfer which may take up to several days. The processing time for withdrawals is up to one working day for most methods except bank wire transfer which may take up to several days.
EagleFX accepts deposits and withdrawals via credit/debit cards (Visa and Mastercard), e-wallets (Skrill) and cryptocurrencies (Bitcoin). The processing time for deposits is instant for all methods except Bitcoin which may take up to several hours depending on the network confirmation. The processing time for withdrawals is within 30 minutes for all methods except Bitcoin which may take up to several hours depending on the network confirmation.
NordFX vs EagleFX Trading Platforms Comparison
Both brokers use the MetaTrader 4 platform as their main trading platform. MT4 is a popular and user-friendly platform that offers advanced charting tools, technical indicators, automated trading systems (Expert Advisors) and mobile trading apps for Android and iOS devices.
NordFX also offers WebTrader, a web-based version of MT4 that allows trading directly from the browser without any need to download and install software.
EagleFX does not offer any web-based or proprietary platforms.
NordFX vs EagleFX Analytical Tools Comparison
NordFX provides its clients with various analytical tools, such as market news, economic calendar, forex and cryptocurrencies forecasts, trading signals and technical analysis.
EagleFX does not offer any specific analytical tools, but it provides access to the built-in features of MT4, such as market news, economic calendar and technical analysis.
NordFX vs EagleFX. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. Different brokers may suit different traders better. Therefore, you can research and compare the features, benefits and disadvantages of each broker before making a decision. Ultimately, you should choose the broker that best meets your needs and expectations.
