EagleFX Guide – Read our In-Depth EagleFX Review
EagleFX Rating: 1.13 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This EagleFX review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this EagleFX review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the realm of trading and brokerage, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will acquire adept at all the concepts of broker since you keep trading. For starters, you have to choose the ideal broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program will create hefty returns. EagleFX is one such platform which will take you and your investment to great heights. It's crucial that you understand about EagleFX until you trust them with your money.
EagleFX Guide – Brief Overview
EagleFX Telephone Number:
EagleFX Email Address:
Number Of Clients:
5,000+ EagleFX users and traders
EagleFX Facebook Likes:
EagleFX Twitter Followers:
EagleFX Instagram Followers:
Your capital is at risk
|EagleFX Telephone Number:|
|EagleFX Email Address:|
|Number Of Clients:||5,000+ EagleFX users and traders|
|EagleFX Facebook Likes:||0|
|EagleFX Twitter Followers:||0|
|EagleFX Instagram Followers:||0|
Your capital is at risk
Our full EagleFX Review covers all you need to learn about trading with EagleFX. A good agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment objectives.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully analyze your broker before you choose them. It is a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
EagleFX is a broker which has found its way successfully to the brokerage world. Within this review, we've tried to collate a number of the important facets of EagleFX. This review will allow you to know whether EagleFX is a good match for your investments or not. We've tried to breakdown all the features and fees for your advantage.
EagleFX Review, Table Of Contents
- Who are EagleFX?
- Benefits Of Trading With EagleFX
- Everything you should know about trading with EagleFX
- Is EagleFX Safe To Trade With?
- EagleFX Risk Disclaimer
- Pro's & Con's Of Trading With EagleFX
- Compare Brokers Similar To EagleFX
- Regulation And Licencing In More Detail
- EagleFX Awards
- Minimum Deposit Required For A Live Account With EagleFX
- EagleFX Commission And Fees Explained
- Compare broker fees against EagleFX
- EagleFX Withdrawal Fees Explained
- EagleFX Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With EagleFX?
- Alternatives To EagleFX
- Frequently Asked Questions About EagleFX
Who are EagleFX?
EagleFX is a forex broker headquartered in Dominica and provides a range of instruments for online trading. Since its establishment in 2019, EagleFX has emerged as a top player in the industry of online broker. EagleFX includes an extremely aggressive and full-featured trading site that is focused on forex, indices, metals, shares, commodities.
Over the past 2 years, EagleFX has grown into one of the leading online brokers.
After establishing in 2019, their consumer base is becoming as large as 5,000+ clients.
EagleFX is the favourite of many traders.. Our EagleFX review discovered that they are an superb alternative for automated trading solutions. It is best suited for investors that are searching for an assortment of assets. Social and automated trading options are the heart at EagleFX.
Technology plays a substantial role in EagleFX. EagleFX features trading on MT4, Web Trader, Tablet & Mobile apps. EagleFX is fair, transparent, and a well-regulated agent by the Unregulated. Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The trader resource section at EagleFX is very enlightening for new dealers since it permits them to get a closer look in the financial markets. EagleFX caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
If you feel that EagleFX is not right for you then at the bottom of this EagleFX review you wil find a lot of alternatives to EagleFX.
What you should know about trading using EagleFX
EagleFX is a dynamic platform that provides various methods of trading online. These tools cover the financial markets considerably. The Majority of the brokerage platforms provide less approaches than EagleFX
If you would like to exchange with EagleFX, you will need a minimum deposit of $10. This deposit is compulsory if you wish to begin trading with EagleFX. This 2021 EagleFX review will guide you clearly about trading with them.
EagleFX is as versatile as any other brokerage platform. EagleFX is ideal for traders that want a manageable variety of cheap services. The platforms supplied by EagleFX are third party, white-label offerings. All traders can pick from MT4, Web Trader, Tablet & Mobile apps.
Together with everything, EagleFX has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a transaction must be kept available. The agents offer premium customer service that rewards customers with benefits.
Many less reputable brokers attempt to pressurise consumers into bigger financing for premium services. EagleFX, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more advantages will become available.
EagleFX accounts are available globally and provides quality service everywhere they have clients. There are a few countries where EagleFX accounts are not available. Traders in the following countries cannot open or use a EagleFX account:
BR, KR, IR, IQ, SY, JP, US
Is EagleFX Safe To Trade With?
Established in 2019, EagleFX has been in operation for 2 years, they are headquarted in Dominica.
EagleFX is regulated by Unregulated. These figures have rules that ensure that trading platforms have steps in place to maintain investor's assets secured. This usually means that EagleFX users don't need to worry about their money as it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information also.
You are able to make use of an option for 2 Factor Authentications (2FA) with EagleFX for heightened security. An SMS with the confirmation code will be sent to a mobile phone. You'll be asked to input this code to log in to your accounts.
Another concern with financial brokers is in respect to security may be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is more prevalent in the example of Market Maker brokers who compete with customers on the platform.
EagleFX Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With EagleFX
Every online trading platform has a few ups and downs, and no EagleFX review would be complete without showing both sides. This EagleFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- EagleFX is trusted by 5,000+ clients
- EagleFX has low minimum deposit requirements
- EagleFX doesn't charge deposit fees
- EagleFX doesn't charge CFD fees
- EagleFX offers copy trading
- EagleFX offer trading on MT4, Web Trader, Tablet & Mobile apps
- EagleFX offer 100 trading instruments
- EagleFX trades major forex pairs
- EagleFX trades minor forex pairs
- EagleFX trades exotic forex pairs
- EagleFX offers trading on cryptocurrencies
- EagleFX can communicate in English, and Chinese
- EagleFX does not offer Negative Balance Protection
- EagleFX does not offer Guaranteed Stop Loss
- EagleFX charge withdrawal fees
- EagleFX charge inactivity fees
- EagleFX doesn't offer social trading
- EagleFX doesn't offer trailing stop
EagleFX Review - Compare Brokers Similar To EagleFX
|Rating||1.13 / 10||6.22 / 10||6.98 / 10||5.8 / 10|
|Regulated By||Unregulated||Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)||Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F228|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||All investments involve risks, including the possible loss of capital.||Your capital is at risk|
EagleFX Review - Regulation And Licencing In More Detail
EagleFX is regulated by Unregulated.
EagleFX, as a business, has a strong set of rules for ensuring fair trading onto its platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. Including credit history and other financial details.
EagleFX Review - AwardsAt the time of writing this EagleFX review, and despite EagleFX’s impressive offering, the company has surprisingly not garnered any other awards to date.
EagleFX Trading Platforms
EagleFX are a reputable brokerage that has been operating for over 2 years. They offer a wide range of options in their customer accounts.
Below we take the main parts of any professional online broker and compare EagleFX against z.com, Robinhood, and forexct
EagleFX Review - Minimum Deposit Required
The minimum deposit that you need to get started on EagleFX is $10. This is a decent amount for those just starting out. It's possible to create more advanced residue as you cooperate. However, make certain that you know how to make the most of your money before investing in larger sums.
EagleFX Review - Commission And Fees Explained
EagleFX is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three different types of fees for this purpose.
The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people who are charged when you maintain a leveraged position for more than daily.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are billed for services like depositing money, not investing for lengthy periods, or withdrawals.
In general, EagleFX does not charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by EagleFX are comparatively lower. Consequently, you are charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These aren't about the purchase and sale of resources.
This EagleFX review breaks down each of the relevant non-trading charges for you in detail.
Compare broker fees against EagleFX
EagleFX Review - Withdrawal Fees Explained
EagleFX charges a withdrawal fee when you create a bank transfer. Each time you move money back into your bank account, these withdrawal fees become important.
Withdrawal of cash is possible at any moment from your EagleFX account. It's possible to draw sums up to the sum of your account balance, keeping aside the margin used. One thing to remember is that you don't always have to have any money in your accounts.
Moreover, the withdrawn money will be transferred directly to the account you use to make deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. EagleFX will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you're opting to withdraw in.
EagleFX Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions which run through your mind while open an account with EagleFX. An inactivity fee is an amount charged to registered dealers who haven't engaged in purchasing or selling for a while. The period considered inactive is decided by the broker.
The inactivity fee differs from one agent to another and is not generalized. If a dealers account does not have a buying or selling transaction, it's claimed by the agent as an inactivity charge. The traders need to pay this commission under terms and conditions they had consented while registering.
EagleFX charges an inactivity fee if you don't create any trades for a while.
Even if no charges have been indicated by EagleFX, it's better for you to close the account if you are inactive. Inactivity fees are not just charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is subjected to a lot of conditions and should be disclosed clearly by the agent beforehand.
EagleFX Review - Deposit Fees Explained
When you transfer money into your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this operation.
EagleFX doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the EagleFX trading platform is easy. You just have to complete a single-user profile questionnaire to start depositing money into your trading account. You will need to give an identity proof and proof of residency to deposit substantial amounts.
EagleFX Review - Compare Broker Deposit Methods
What Can You Trade With EagleFX?
Note: EagleFX offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered will differ depending on the country of residence of the client.
EagleFX has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then EagleFX offer over 50 forex pairs.
Compare EagleFX, z.com, Robinhood & forexct below.
Reviewing The EagleFX Mobile App
Note: EagleFX's mobile app has many functions and is being constantly improved. The below information was correct at the time of compiling this EagleFX review.
Understand the capabilities of the mobile apps of EagleFX, z.com, Robinhood & forexct below.
Alternatives To EagleFX
If, after studying this EagleFX review, they do not quite fulfill your needs check out these EagleFX alternatives.
We have scoured the internet to find the best alternatives to EagleFX. Click on the hyperlinks below to find out more.
Frequently Asked Questions about EagleFX
Can I try EagleFX before I buy?
Yes, you can most definitely try EagleFX before you buy. EagleFX provides demo accounts for the ease of new traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you register for a demonstration account on EagleFX, you will set out with a decent amount of virtual money. It is to establish a sense of safety and confidence in you until you decide to spend your own money.
With this digital EagleFXdemo account, you are able to experiment at all, to whatever length you wish. You can even start positions, test different trading strategies, and much more.
EagleFX specifies on its official website that you are able to trade real time stocks with your demo account.
Is EagleFX safe?
It is possible to drop all of your worries because we believe that EagleFX is completely safe to use. It is in compliance with all the rules of Unregulated.
Even so, EagleFX doesn't provide assured stop-loss protection.
Why does EagleFX ask for my passport?
The reason that EagleFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, EagleFX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, EagleFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with EagleFX?
The process to start trading withEagleFX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the EagleFX website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with EagleFX is $10. You should have a good understanding of the details of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with EagleFX.
The best way to kickstart your trading career with EagleFX is to open a demo account facility before risking any real money
What funding methods do EagleFX accept?
There are a number of methods to fund your account with EagleFX. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal is not available in all place. The monies EagleFX
Is my money safe with EagleFX?
Yes, your cash is safe and secure with EagleFX. As you know, EagleFX works with proper conformation to. It has established lots of steps to guard all its own investors.
EagleFX safeguards its customers' private and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, you can empower Two-Step Verification also. It requires an SMS confirmation for you to get your account.
Is EagleFX trading good?
Yes, trading through EagleFX is a nice and good experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you can also obtain access to a vast collection of educational tools and assistive substance to kickstart your trading experience.
If you remain skeptical, it is possible to start a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does EagleFX support?
EagleFX operates across the world. However, due to regulations there are some countries that EagleFX does not accept clients from BR, KR, IR, IQ, SY, JP, US
Is EagleFX legit?
EagleFX is a legit company headquarted in Dominica since 2019. They are regulated by Unregulated. EagleFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is EagleFX a good broker?
EagleFX is a great agent, and its own users may vouch for this. The highlight of this platform is its quick order execution on trades.
You'll find the clean design of this platform and the commendable features a pleasure to work with.
Is EagleFX a trustworthy broker?
Yes, EagleFX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 5,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for EagleFX?
The minimum deposit to open a live account with EagleFX is $10
How long do EagleFX withdrawals take?
Normally, withdrawal of money from EagleFX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from EagleFX to show in your bank account.
Are EagleFX regulated?
EagleFX are regulated by Unregulated
Is EagleFX a market leading broker?
EagleFX is currently one of the industry leaders. It has over 5,000+ registered customers and over 2 years of expertise on its own record. They're one of the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and wide range of tools plus resources so you can put money into capital markets.
Is EagleFX a con?
No, EagleFX is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that EagleFX is not a scam.
Can you make money with EagleFX?
Using EagleFX, many traders make a great deal of cash. But on average, through continual trading, you can make between 2% - 10% profit a month.
This may seem like a small number, but within the year, this adds to a substantial number of gains. Even though EagleFX provide you all the tools to make money, they cannot guarantee you will gain.
Does EagleFX have fees?
Yes. To begin trading using EagleFX, you have to deposit $10. Certain commissions while trading also applies. Any processing fees from your bank will have to be incurred by you.
When was EagleFX founded?
EagleFX was founded in 2019 in Dominica. EagleFX is regulated by Unregulated.
How many people use EagleFX?
EagleFX is a globally recognised broker with 5,000+ clients.
Where is the EagleFX head office?
EagleFX has its head office in Dominica
Does EagleFX offer negative balance protection?
No. EagleFX doesn't offer negative balance protection. If your balance is unfavorable, EagleFX suggests that you contact customer services. For this, you are able to correct any imbalances within your account.
Does EagleFX offer guaranteed stop loss?EagleFX regrettably, does not offer guaranteed stop loss. EagleFX gives a chance for its traders to close their trades at their specified price. Aside from that, EagleFX doesn't offer guaranteed stop loss.
Does EagleFX allow scalping?Yes, EagleFX do permit scalping. Many traders throughout the world choose EagleFX due to their scalping services. They offer trading on MT4, Web Trader, Tablet & Mobile apps which allow this.
Does EagleFX allow hedging?
Yes, EagleFX does allow hedging.
Can you trade energies with EagleFX?
No, unfortunately you cannot trade energy stock with EagleFX
Can you trade agricultural shares with EagleFX?
No, unfortunately you cannot trade agricultural stock with EagleFX
Can you trade cryptocurrency with EagleFX?
Yes, you can trade cryptocurrency with EagleFX
Can you trade metals with EagleFX?
No, unfortunately you cannot trade metals with EagleFX
Can you trade UK Shares with EagleFX?
No, unfortunately you cannot trade UK shares with EagleFX
Can you trade US Shares with EagleFX?
No, unfortunately you cannot trade US shares with EagleFX
Can you trade Japanese Shares with EagleFX?
No, unfortunately you cannot trade Japanese shares with EagleFX
Can you trade German Shares with EagleFX?
No, unfortunately you cannot trade German shares with EagleFX
Does EagleFX accept bank transfers?
Yes, EagleFX accepts bank transfers for depositing money.
Does EagleFX accept credit cards?
Yes, EagleFX accepts credit cards for depositing money.
Does EagleFX accept PayPal?
No, EagleFX does not accept PayPal.
Does EagleFX accept Skrill?
No, EagleFX does not accept Skrill.
Does EagleFX accept Payoneer?
Yes, EagleFX accepts Payoneer for depositing money.
Does EagleFX accept Neteller?
No, EagleFX does not accept Neteller.
Does EagleFX offer Live Chat customer support?
Yes, EagleFX offers customer support through live chat.
Does EagleFX offer phone customer support?
Yes, EagleFX offers customer support over the telephone.
Does EagleFX offer email customer support?
Yes, EagleFX offers customer support through email.
What languages can EagleFX communicate in?
EagleFX has the ability to communicate and support customers who speak: English, and Chinese
Does EagleFX have a wikipedia page?
No, EagleFX does not have an official wikipedia page.
Does EagleFX offer demo accounts?
Yes, EagleFX offers demo accounts so you can learn their systems before risking any real money. Inexperienced traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before signing up for a live account.