CryptoRocket vs EagleFX

CryptoRocket or EagleFX – which is better for UK traders 2024? Compare CryptoRocket and EagleFX in this detailed breakdown of their platforms, features and fees.

CryptoRocket vs EagleFX Comparison Table 2024
CryptoRocket EagleFX
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1.5
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4.1
CryptoRocket is ranked #96 among CFD brokers. EagleFX is ranked #30 among CFD brokers.
CryptoRocket is an offshore broker offering low-cost trading on popular digital currencies, plus stocks, indices, and commodities. Scalping, bots and hedging strategies are also permitted on the MT4 or MT5 platforms. Traders can access high leverage up to 1:500 and enjoy 24/7 customer support. EagleFX is a forex and CFD broker, established in 2019. The broker uses STP execution on the MT4 platform, offering tight spreads and low commissions. With leverage up to 1:500 and no restrictions on hedging or scalping, EagleFX is an attractive option for short-term traders.
Pros
  • I’m happy to see integration with both the MT4 and MT5 platforms - two of the most reliable and feature-rich terminals on the market
  • I like that the broker lets you have multiple live and demo accounts open at the same, on both the MT4 and MT5 platforms
  • It’s good to see that beginners can get started with just a $10 minimum deposit and there are no minimum trade sizes
  • CryptoRocket offers a very strong range of crypto pairs for those who are primarily looking to trade the digital markets
  • The $6 round-turn commissions are competitive (other commission structures we review come in at around $7 per round-turn)
  • The broker offers free and unlimited demo accounts in MT4, plus no inactivity fees - ideal for beginners seeking flexibility
  • The broker offers Bitcoin deposits, as well as fast-tracked withdrawals, which will serve more active traders
  • EagleFX continues to offer 24/7 customer support to clients via live chat, email or telephone
  • High forex leverage is available for experienced investors, up to 1:500
Cons
  • Compared to other brands, CryptoRocket only offers a few payment methods, with no e-wallets available. Plus, you can only withdraw using Bitcoin, which will be inconvenient for some
  • I’m concerned about the lack of regulatory oversight at CryptoRocket, which means traders won’t have access to any fund protection or compensation schemes
  • I think it’s a shame that there are no copy-trading tools or social trading features at this broker, which are typically popular among beginners
  • The lack of additional analysis tools and educational resources is a major drawback compared to most alternative brands
  • There are very limited educational resources, market research and popular additional tools like copy trading - common features found at many alternatives
  • The range of 100+ instruments is very limited compared to the hundreds offered by most other competitors
  • The broker is based offshore and is unregulated, meaning traders will receive little to no safeguards
Awards
  • Best Cryptocurrency Broker 2020
  • Crypto Broker of the Year 2020
  • FX Broker With Best Withdrawal Options 2020
  • Best ECN/STP Broker 2020
  • Best Forex Broker 2020
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Cryptos, Forex, Stocks, Indices, Commodities Forex, CFDs, Indices, Stocks, Commodities, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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4.8
Android App Rating
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rating full
4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes 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
Yes 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 No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes 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
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Oil
  • Platinum
  • Gold
  • Silver
  • Oil
CFD
CryptoRocket offers a modest range of CFDs covering forex, stocks, commodities and cryptos with a low $10 minimum deposit and no limits on trade size. That said, it’s frustrating that there are no additional tools or resources outside of the MetaTrader terminals to enhance your CFD trading strategies. The broker offers a small range of 100+ CFD instruments spanning key markets, with high leverage up to 1:500. Pricing is reasonable, with round turn commissions coming in at $6 alongside tight spreads. Multiple short-term strategies are also permitted, including hedging and scalping.
Leverage
1:500 1:500
FTSE Spread
7.7 0.77
GBPUSD Spread<
1.5 1.3
Oil Spread
8.7 0.09
Stocks Spread
Variable Variable
Forex
I was pleased to find a strong range of 55 major, minor and exotic currency pairs at CryptoRocket with competitive spreads from 0.6 pips on EUR/USD. Experienced traders can also utilize the high leverage ratios up to 1:500. That said, I think it’s a shame that there’s no forex market analysis available for traders. You can go long or short on over 50 forex pairs from majors to exotics, with competitive spreads as low as 0.1 pips. The broker offers the leading charting software, MetaTrader 4, which delivers a host of advanced features, including 9 timeframes and over 30 indicators.
Assets
55 55
GBPUSD Spread
1.5 1.3
EURUSD Spread
0.6 0.7
EURGBP Spread
0.4 1.4
Cryptocurrency
I was impressed with the broker’s range of 35+ cryptocurrency pairs, including ETHUSD, BTCUSD and XRPUSD. I strongly recommend utilizing the MT4 or MT5 demo accounts if you’re new to crypto trading. CryptoRocket allows you to have as many live and demo accounts open simultaneously, so you can continually practice and execute your strategies. A strong range of cryptocurrencies are available with 35+ tokens including popular assets like Bitcoin and Ethereum. You can also make convenient Bitcoin deposits within minutes, with no transfer fees.
Spread
Variable Floating
Coins
  • ADA
  • DOGE
  • EOS
  • ETH
  • NEO
  • OMG
  • SOL
  • XMR
  • ZEC
  • BTC
  • DOT
  • IOTA
  • QTUM
  • TRX
  • XRP
  • DASH
  • EDO
  • ETC
  • ETP
  • LTC
  • SAN
  • USDT
  • XTZ
  • BCH
  • BTC
  • DASH
  • EOS
  • BIT
  • ETP
  • LTC
  • BTC
  • OMG
  • ZEC
  • USDT
  • BCH
  • ETP
  • QTUM
  • XMR
  • DOT
  • ETC
  • IOS
  • NEO
  • SAN
  • ZRX
  • EDO
  • ETH
  • IOT
  • NEO
  • SAN
  • XRP
  • BTG
  • EDO
  • ETH
  • OMG
  • TRX
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
CryptoRocket EagleFX
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