EagleFX Alternatives - Better Forex Brokers for 2024
Find out the major disadvantages of EagleFX Forex Brokers and alternatives with lower fees and more security. Unbiased EagleFX Alternatives reviews.
So which brokers are better than EagleFX? Want to jump straight to the answer? OspreyFX is the best alternative broker to EagleFX in 2024 .

3.2 / 5

Rating breakdown

Security
20%
1.0/5
Ease of Use
80%
4.0/5
Tradable Assets
40%
2.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
60%
3.0/5
Support
80%
4.0/5

Things we didn't like:

 Country restrictions
 No Promotional Competitions
 Unregulated

Why would you want an alternative to EAGLEFX?

Though EagleFX is a good choice, especially for novice traders, there are also some downsides to its overall offering, which may lead existing or aspiring traders to seek alternative solutions for the provision of brokerage services. One such downside is the fact that Eagle FX do not offer any kind of promotional offers.

Forex contests both in their demo and live versions, seem to be like a good idea and a good opportunity for traders, both novice and pros, as they are indeed an exciting way for one to learn hands-on how the markets work and trading goes, shape and sharpen their trading skills and prove to themselves and others if they’ve got what it takes to be successful traders.

What to look for in a EAGLEFX Alternative?

When seeking an alternative forex brokerage to EagleFX, you will need to ensure that this scores equally high in terms of charging competitive and reasonable fees and be transparent when it comes to its charges and commissions. Additionally must be a true ECN broker with lightning speed in trade execution, while also offering competitions addressed to real traders, who hold real, funded, forex trading accounts. As we have already identify EagleFX is lacking in that area. Forex live contests are perfect way for traders to know how their skills measure up against those of other traders and provides them with a great way to gauge and evaluate themselves as traders, since under normal trading conditions performance comparisons are not possible.

Best EAGLEFX alternatives – forex brokers like (or better than) EAGLEFX

4.3 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
100%
5.0/5
Support
80%
4.0/5

Things we liked:

 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Ospreyfx is not a fully licensed and regulated broker

#1
OspreyFX Overview

Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.

4.2 / 5

Rating breakdown

Security
70%
3.5/5
Ease of Use
90%
4.5/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
60%
3.0/5

Things we liked:

 AvaTrade has low trading fees
 The account opening is user-friendly and fast
 It offers a lot of deposit and withdrawals options free of charge

Things we didn't like:

 The product portfolio is limited as it offers only CFDs, forex, and cryptos
 The research tools are limited

#2
AvaTrade Overview

Since its establishment in 2006, AvaTrade has expanded to 11 countries and offers an array of trading platforms for web, desktop, and mobile use. It facilitates trading in spot forex, forex options, and CFDs across various asset classes, including cryptocurrencies. AvaTrade boasts 300,000 registered traders executing over 3 million trades monthly, with a total traded value exceeding $1.47 trillion.

4.0 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
100%
5.0/5
Tradable Assets
50%
2.5/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
70%
3.5/5

Things we liked:

 XM has low trading fees
  The account opening is user-friendly and fast
 Lots of educational tools

Things we didn't like:

 XM has a limited product portfolio
 The research tools are limited
 It charges inactivity fees

#3
XM Overview

XM is a CySEC, ASIC and IFSC regulated, multi-asset class broker offering to trade on more than 1,000+ tradable CFD’S on Forex, Stocks, Commodities, Indices, Metals and Energies on the globally-recognised trading platforms MetaTrader 4 and MetaTrader 5 for PC, Mac, Web, iOS and Android systems.

EagleFX Alternatives Frequently Asked Questions (FAQs):

Are there any sites like EagleFX?
Yes, there are many sites offering similar services like EagleFX. Those include OspreyFX, FP Markets, Libertex and many more. If you are to look for an alternative to EagleFX for your forex trading needs, then you must make sure it is one with a better offering.
Who are EagleFX Top Competitors?
EagleFX 's top competitors in July 2024 are: OspreyFX, AvaTrade, XM and more. OspreyFX is currently rank as the number one on the list of top Forex brokers.

Are you Satisfied with what They Offer?