Whenever you encounter any wrongful issue that is not your fault, you can open a dispute. Once it is discovered that you have been maltreated in any way, you can be compensated for your losses. EagleFX is one of the newer foreign exchange and CFD (Contract for Differences) brokerage companies that have burst into the financial scene in 2018. Its base of operations is in the Commonwealth of Dominica, a small island nation located in the eastern Caribbean Sea. Hi Andrya, Please let us know if there is anything we can assist you with.
We are proud to offer same-day withdrawals as part of our commitment to user satisfaction. One of the best brokers I have used.Good customer service. We advise extra caution when dealing with an unregulated broker, as the risk of losing money because of fraud is very high. EagleFX is a legitimate company that has been featured in several well-known publications. Nonetheless, the broker is unregulated therefore customer protection is not guaranteed.
When commission was paid I attempted to withdraw the funds but withdrawals were suddenly deactivated for maintenance. Eagle FX sent my funds to a “so called” bank broker at Mutuelbnunion.com to do the transfer, but fee after fee has been asked before the transfer can be done. Everyone I’ve talked to about lmfx review this; my bank, 401K financial institution, and other investors keep telling me this is a scam. I’ve wiped out my little retirement fund as well as my husband’s to try and get my profits. It has been almost 2 months since I should have received my funds.
- I planned on only investing a little to see how it went.
- The only research tools offered by EagleFX relates to the Daily Market Analysis and the Economic Calendar.
- All Financial markets follow the GMT+3 time zone.
- With MT4, traders can fully analyze markets and the broker offers tutorials and explanations for beginner traders to start using this software.
- We understand the importance of traders having fast access to funds and as such, we process withdrawals on the same day of submission.
Came across these as I was looking for a broker that offered a lot in he way of forex and crypto trading. Been ideal so far for me, good selection of forex and crypto pairs which they seem to be updating regularly and they have the leverage I wanted. Withdrawal times are pretty quick too usually the same day, I’ve also tried out the webtrader they offer the executions have been quick on that and it’s quite easy to use too. EagleFx have been the answer I was looking for when it comes to crypto trading. Having used several brokers, none were able to offer 24/7 trading markets like EagleFX. There is also a wide range of Crypto pairs, so definately not short on pairs to trade.
Stay far way from this broker, Really bad Customer service.
EagleFX does not offer new or existing traders with any form of bonuses. EagleFX offers Muslim traders who follow the Sharia Law with the option of converting their live trading account into an Islamic Account. There are no additional costs indicated on the Muslim account. The spreads that traders can expect from EagleFX are variable, which means that it can change depending on the financial instrument being traded and the market conditions on the day. EagleFX offers traders with spreads that start from 0.1 pips.
Although profit potential can increase, losses may be amplified. You can register using the online form and confirm your email address and phone number. There is no KYC verification process, so traders do not need to submit any documents.
Eaglefx Reviews
Stay away from these people, they will keep everything you deposit with them. Although I managed to get everything refunded with the help of The Watch Guard .Tech. I hope others would be wise and learnWhen you first open an account with this company they bombard you with calls. They obviously share your details with other investment companies as they also call. I was getting calls a day at one point, even at the weekend, trying to get me to invest more and take an account manager, which I refused to do.
As someone new to trading, their platform was intuitive. Thumbs up from Italy, I value straightforwardness and reliability. It’s been a smooth experience with these folks, y’all. While no platform is perfect, and I’ve encountered minor issues, the overall experience has been excellent. They’re prompt in addressing concerns, and the platform’s performance is commendable.
Safety & Security of EagleFX
Commissions also apply for all trading instruments and are charged at $6 per lot round turn. Overall these trading conditions are pretty middle-ground when we compare with the likes of XM ($7) and HugosWay ($10) and OANDA ($5). The leverage they offer is a boon for someone with my trading strategy. The terms are clear, the fees are reasonable, and the trading platform is robust. Good range of options What I like is their range of options.
Ethereum (ETH) is the second largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. Bitcoin (BTC) is the digital currency with the largest market capitalisation and price levels and dominates 50% of the total crypto market cap. The high volatility of energy prices due to political, environmental and several other factors, is a typical feature of this product, making it a popular trading choice. This involves the trading of gold, silver and other precious metals as hard commodities that are contract-based tradable. EagleFX charges commissions from $6 per lot, round turn when trading. You are already aware of the minimum ten US dollar deposit, or the equivalent amount of another country’s currency.
Good for starters
My only gripe with them was their high spreads on Gold and exotics like pound/yen, but those spreads have improved dramatically recently. 100% recommend them, they’re best that I’ve been able to find. Even though EagleFX is a popular broker, there is no known or confirmed regulation or authorisation from reputable regulatory entities.
The online broker is used by thousands of traders worldwide, with services available in 188 countries including Indonesia and Nigeria. EagleFX offers a free demo account which can be used for an unlimited time. Traders can specify their own leverage and virtual fund limit within the MT4 simulation. The broker also offers swap-free accounts for Islamic traders. One of my top broker choices (or even the top one) into my whole trading journey.
I’m using them as my main broker for almost 2 years already may be and all’s fine. Fast withdraws, responsive support and good crypto pairs variety are my key points. Deposits and withdrawals in BTC which are fast within a few hours .They have 24/7 Crypto trading which is a big plus for me .I can recommend them no complaints. Their demo account was a great starting point for me. Real trading’s been a different ball game, but they’ve been supportive.
You would not encounter any problems when you open a live account. Look for the “Open Live Account” tab on the bottom portion of the page or a link on the top right side. It will direct you to a web form wherein you will need to put your contact details like your name, email address, etc. You do not need to send documents for verification since there is no process involved for verifying.
It also features enough advanced capabilities to be a popular choice among professional traders as well. A margin itrader review requirement is the amount of capital that the trader must put down at the start of the trade, or that they must have available in their trading account, as collateral for the trade. This amount is often lowered substantially when leverage is applied.