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JP Markets vs EagleFX

JP Markets or EagleFX – which is better for UK traders 2025? Compare JP Markets and EagleFX in this detailed breakdown of their platforms, features and fees.

JP Markets vs EagleFX Comparison Table 2025
JP Markets	EagleFX

1.5	4.1
JP Markets is ranked #91 among CFD brokers.	EagleFX is ranked #27 among CFD brokers.
Review	Review
JP Markets is a South African forex and CFD broker established in 2016. The broker is regulated by the FSCA in South Africa although the firm has been involved in controversy in recent years. The brokerage offers thousands of assets in ECN and STP accounts, including forex, stocks and commodities. The firm promises high-quality support, tailored services and innovation to its global traders.	EagleFX is an ECN/STP broker that offers spot forex and CFD trading on a small collection of 170+ assets to active traders worldwide. The catch is that it’s registered in the weakly regulated jurisdiction of the Commonwealth of Dominica, providing limited safeguards.
Pros
A wide selection of 5000 instruments spanning stocks, forex, indices, commodities and cryptos No fees on deposits or withdrawals plus a breadth of local payment methods for South African clients Range of ECN or STP account types with ZAR, USD and GBP base currencies Decent demo account for beginners with flexible leverage Same-day deposits and withdrawals Free forex courses and webinars WhatsApp customer support MetaTrader 4 integration	EagleFX offers high leverage up to 1:500 on forex trading, which is particularly advantageous for traders seeking higher potential returns, though it also entails increased risk. EagleFX has introduced Bitcoin deposits and expedited withdrawals, which can be processed in under 30 minutes, significantly faster than the majority of brokers we’ve evaluated. EagleFX offers 24/7 support (no phone option) that performed well during testing and 30+ cryptos, making it well-suited for traders navigating volatile crypto markets. EagleFX requires only $10 to open an account, making it accessible for beginners or those who want to start trading with minimal risk. EagleFX offers an unlimited MT4 demo account and zero inactivity fees, making it attractive to traders seeking a risk-free environment to develop trading strategies.
Cons
Higher trading fees than many brokers with wide spreads and a $10 commission per lot Scalping, hedging and automated trading not permitted Mainly aimed at South African clients Lack of transparency on the website No MetaTrader 5 software Some customer complaints Outdated blogs	EagleFX is not regulated by any major financial authority, which could leave traders without protections such as compensation schemes in case of disputes or insolvency. EagleFX still only offers MetaTrader 4 (MT4) and lacks support for other increasingly popular platforms like MetaTrader 5 (MT5), cTrader, or TradingView, limiting flexibility for traders with specific preferences. EagleFX seriously needs to step up its education with extremely basic guides and no learning articles added since 2022, made worse by the lack of market insights from analysts. The range of 170+ instruments on the EagleFX platform will be extremely limiting for advanced traders, especially compared to category leaders like Blackbull with its 26,000+ tradable assets.
Awards
South Africa’s Best Broker 2019 - Global Business Outlook South Africa’s Fastest Growing Broker 2019 - International Finance The Most Transparent Broker 2019 - The European Forex CEO of the year South Africa 2020 - International Business Magazine
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Forex CFDs, indices, stocks, commodities, cryptocurrencies	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Payment Methods
Credit Cards Skrill	Credit Cards Debit Card Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSB
Mobile Apps
Yes	iOS & Android
Trading App
	EagleFX doesn’t offer a proprietary app, but you can trade through the trusty MetaTrader 4 mobile and tablet application. You’ll get EagleFX’s competitive trading conditions, notably up to 1:500 leverage and ECN pricing with spreads from 0.1 pips. However, don’t expect excellent mobile support or integrated market insights and educational guides on the go.
iOS App Rating
	4.8
Android App Rating
	4.4
Margin Trading
No	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
Yes	Yes
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
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
No	MT4
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
	USD EUR GBP
Commodities
Gold	Gold Silver Oil Platinum
CFD
Access over 5000 CFDs with high leverage up to 1:500. Trading costs are high with a $10 commission per lot, though the broker does offer accessible trading in ZAR, USD or GBP for global clients.	EagleFX offers just 100+ CFD instruments, but it stands out with its high leverage up to 1:500, round turn commissions coming in at $6 alongside competitive spreads, and support for trading strategies like scalping.
Leverage
1:400	1:500
FTSE Spread
19 pips	1.2
GBPUSD Spread<
2.4 pips	1.9
Oil Spread
10 pips	0.09
Stocks Spread
From 0.7 pips	Variable
Forex
JP Markets only offers 30 currency pairs, which does not match top brokers. Average spreads on EUR/USD are also around 2 pips, which is higher than many competitors.	EagleFX facilitates short-term trading on over 50 major, minor and exotic currency pairs with competitive spreads as low as 0.1 pips, plus the industry-leading MT4 platform, which delivers a host of charting tools for traders, including 9 timeframes and over 30 indicators.
Assets
30	50+
GBPUSD Spread
2.4 pips	0.9
EURUSD Spread
2 pips	0.8
EURGBP Spread
2.4 pips	0.9
Cryptocurrency
Some digital tokens are available, including Bitcoin, though crypto deposits are not supported. Crypto traders may want to consider a more reliable and regulated broker.	EagleFX’s strongest offering is its 30+ crypto pairs, including major tokens like Bitcoin, Ethereum and Ripple. However, where it shines is its convenient Bitcoin deposits and withdrawals, taking less than 30 minutes, paired with its 24/7 support, catering to active crypto traders.
Spread
Variable	Floating
Coins
BTC LTC ETH XRP	BTC ETH ADA EOS DASH DOGE ETC EDO ETP USDT NEO XRP ZEC DOT SOL XTZ LTC OMG IOTA IOST
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

JP Markets	EagleFX
Review	Review
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