EagleFX is a forex broker. Founded in 2018, EagleFX is one of the most innovative CFD and forex brokers rising up in the last years. EagleFX Headquartered in Commonwealth of Dominica. The new brokerage has managed to find its niche in the forex marketplace, offering traders and investors all the necessary tools to operate an online trading account.
EagleFx brings 55 currency pairs to trade with them such as USD ILS, USDTRY, USDNOK, USDHKD, USDRUB, USDSEK, USDMXN, USDZAR, USDSGD, USDPLN, USDCNH, USDDKK, USDCZK, and USDHUF. Eagalefx is also accepting CFDs on platinum, gold, silver, oil, and natural gas.
EagleFX Regulations and license
Most of the financial brokers and other insurance companies are regulating by international commissions. If we see any broker is not regulated by the famous worldwide commissions such as FCA, CySEC, FSA we will decide the broker doesn’t have business with fairs.
|Broker Type||ECN/STP Forex Broker|
|Demo Link||Open Demo Account|
|Headquarter||EagleFX Ltd, 8 Copthall, Roseau Valley 00152, The Commonwealth of Dominica|
|Regulation||Registered in the Dominica under the name of EagleFX Ltd|
|Accept Us Clients||no|
|Account Currencies||USD, GBP, EUR, BIT|
|Trading Platforms||MT4 for Windows, MT4 for Mac, MT4 for iOS, MT4 for Android, Web Trader|
|Promotions||Free Demo Account and Free Trading E-Book|
|No Deposit Bonus||No|
|Welcome Bonus||Free Demo Account and Free Trading E-Book|
|Withdraw Options||Wire transfer, Credit/debit cards, Bitcoin, PayPal|
|Account Funding Methods||Wire transfer, Credit/debit cards, Bitcoin, PayPal|
|Other Trading Instruments||Yes|
|Type Of Spread||Fixed and even Negative|
|Minimum Spreads||0.1 pips|
|Lowest Spread On Eur Usd||0.0 pips|
|Precision Pricing||5 digits|
|Free Demo Account||Yes|
|Swap Free Accounts||Yes|
|Interest On Margin||Yes|
|One Click Execution||Yes|
Essentially EagleFX has a fairly shady background. We ought to mention that EagleFX isn’t e controlled by the financial commissions. The authorities at Dominica will not govern forex and CFD Brokers, but that Regulator such as the FCA from the United Kingdom, or even the Cyprus Securities and Exchange Commission (CySEC) particularly if they would like to target clients in Europe. But they didn’t get regulation licenses from the European Union.
EagleFX is providing a wide range of leverage which is moreover for most aggressive traders. Eaglefx is providing 1:500 leverage so you can open big trades with Eaglefx. Many regulated brokers not providing these vast leverage, but Eaglefx is different here with other brokers. As regards the broker’s product portfolio, it ensures but, we always urge our readers to trade only with Dependable and regulated brokers.
Cryptocurrency on EagleFX
Following trading, instruments are available on Eaglefx for crypto trading – Bitcoin, Santiment, Tron, Litecoin, Eidoo, Bitcoin Cash, Dash, Ethereum, Ripple, Metaverse, IOTA, NEO, Monero, OmiseGO, EOS, and Zcash.
Extra benefits from EagleFX:
Every broker is trying to bring an extra benefit to attracting clients. EagleFX also not outside of them. They also bring the following benefits for clients.
The broker offer lower deposit on Standard & Mini accounts. Most of the brokers offering standard account from $100 but EagleFX is different here.
Fees free Deposits and withdrawals: Most of the online brokers cutting fees while a trader goes for withdrawing or deposit, but EagleFX keeps it fully free.
Super-fast Withdrawal process: EagleFX brings super-fast withdrawal systems you can withdraw your profits in the same day of trading from EagleFX.
Many Brokers were offering Forex no deposit bonus to test their trading platforms and other services. Unfortunately, EagleFX doesn’t provide any promotions. Also, they are not offering any Live or Demo trading contests. So you cannot test their live trading platforms before you open a live trading account.
EagleFx Account Types
EagleFx offer two types of accounts: Standard and Mini account.
Standard account: This account is for beginner and professional traders. If you want to open a standard account with EagleFX, you have to deposit at least $10 on your account.
Mini Account: EagleFX Mini accounts the minimum deposit is $10, so if you want to open a Mini account you have to enter with $10. This account always choose only beginners, as the name suggest it’s for beginners. A beginner trader always want to star live trading with a short amount, which is really good for a newbie trader.
Demo Account: Without demo trading, a person can’t win live trades. It’s a very good opportunity to understand a broker’s behavior. EagleFX is providing unlimited demo trading accounts to all customers. So you are getting a chance to test them on Demo account.
EagleFX Trading Platforms
Another Fantastic characteristic we discovered was that there’s at least some sort of diversity when it has to do with the trading software accessible with EagleFX. Everyone knows that nowadays, MT4, MT5, and WebTrader is the most favorite & suitable trading platform for traders. These platforms have the most intelligent & magical robotic system for trading. Traders can utilize both MT4 and WebTrader, which include demo versions also. We are always excited when the broker has a WebTrader variant since it enables them to personalize it as far as you can.
But when folks have it, it is always a red flag; thus, we cannot brand the EagleFX WebTrader as a wonderful addition to the general capabilities.
EagleFX Mobile Trading:
EagleFx offers mobile trading for smartphone users. The company offers MT4 trading platforms for both Android and iOS devices. Eaglefx mobile trading platforms have all of the opportunities which are providing on desktop versions. So this is doesn’t matter where’s from you trading with Eaglefx. You will get the same opportunities on mobile & desktop version. Of course it is a good features.
EagleFX deposit/withdrawal methods and fees
We checked EagleFX accepts common payment options these are Credit Card, Bitcoin, Bank Wire No popular e-wallets such as Skrill and Neteller are accepted nonetheless, and that’s worth to be noted, due to the new anti-scam policy adopted by Skrill. Based on the new policy of Skrill that the Skrill partners can connect with only properly licensed brokers.
There a lot of brokers are offering a small amount of deposit accounts. Also, many brokers are accepting minimum deposit from $200. But EagleFX is something different in this case. EagleFX minimum deposit $10 for standard and mini accounts. So anyone can open Standard or mini accounts with the broker easily.
The broker offer charge free funding and 100% free and faster withdraw options. Good news is the broker is allow bitcoin method!
Eaglefx Customer supports:
The EagleFX broker trying to give the best customer supports to their client. They opened multiple ways to contact them. You can request a call back from their website, and they will communicate with you after a while. Also, you can contact them through their email service. There is also a live chatting option on EagleFX website, EagleFX support team is on hand 24/7 to support you through Live Chat.