3.2 / 5
Rating breakdown
Things we didn't like:
Country restrictionsNo 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 other users do not like about EagleFX
EagleFX TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, EagleFX has currently 216 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.60/5.00.
Main Complains according to the Users' Reviews
- Freeze your trade
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
Things we liked:
Up to 500:1 leverageLow minimum deposit requirement
Things we didn't like:
Absence of a direct telephone number for customer supportOspreyfx is not a fully licensed and regulated broker
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
Things we liked:
AvaTrade has low trading feesThe 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 cryptosThe research tools are limited
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
Things we liked:
XM has low trading feesThe account opening is user-friendly and fast
Lots of educational tools
Things we didn't like:
XM has a limited product portfolioThe research tools are limited
It charges inactivity fees
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.