Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Fair enough, the spreads can be a bit big sometimes compared to some of the others I have used, but the accept BTC and there’s no kyc process to go through, so I’ll take that. Also wish they would add some more up to sate cryptos, many of them are still there from the previous bull cycle. Switched brokers last year, and it’s been a good experience.
EagleFX review for traders – Is it a scam or not?
It suits my trading style, and the high leverage is an added bonus. A trader buddy recommended them, and I haven’t been disappointed. Get in touch with us anytime you need help or assistance through our LiveChat service, email or set up a call back request whenever suits you best. The Payments Team conducts security checks to ensure that the funds being sent out are in fact going to the right person. The minimum deposit amount required to open an account with EagleFX is $10. Movements in the price of foreign exchange and commodities are very unpredictable, hence EagleFX cannot guarantee a maximum loss that a trader may suffer.
The whole complicated process happens in a split second and allows you to earn loads of cash. Please be advised that we are a true ECN STP broker meaning that orders are filled right away thanks to a pool of deep liquidity from some of the most reputable banks in the industry. When a trader has a position affected through no fault of their own, we invite traders to get in touch. Once we have the MT4 account number and the Trade ID of any negatively affected trade, a trading professional will conduct a full investigation into each independent trade. You can contact us 24/7 via LiveChat, email or request a call back at a time that suits you best. EagleFX is not regulated by any authority, making the broker highly risky for traders and investors.
One of the best brokers I have used.
No, the online broker does not offer trading on the VIX 75. Our experts found limited information regarding trading security and safety. The broker does not offer negative balance protection, which is a major disadvantage vs competitors. EagleFX does not offer any financial incentives to new or existing clients. This includes no deposit bonus deals and welcome promotions. However, new users should be aware of the effects of leveraged trading before creating an account.
Broker Fees
However, they have taken measures to keep the clients’ funds safe. One method is called “Bitcoin Cold Storage” for traders that prefer to trade with cryptocurrencies. It means that your digital money is not stored in EagleFX’s internet servers or any computer, rather inside an external device, away from online threats like hackers. EagleFX takes pride in its tremendously fast trading process due to a unique feature called STP or Straight-Through Processing.
- This average customer rating is based on 1 EagleFX customer reviews submitted by our visitors.
- It can also be downloaded via a mobile app, which will be discussed in the segment below.
- Traders utilize this info for technical analysis to foretell trends in the forex market.
- Once a new signee clicks on your unique link, signs up, and begins to trade, you will earn four dollars.
I’m sticking with these guys because I trust them. I haven’t noticed any shenanigans with the candles like you see with some other brokers. Deposits and withdrawals don’t have any fees and are quick.
Additionally, the clients’ money is stored in separate accounts and is only accessible by two-factor authentication, which immensely makes it secure and protected. EagleFX offers access to the MetaTrader 4 (MT4) platform, a widely used and respected trading software that is available for all devices, fbs forex review including web platforms and mobile apps. No, EagleFX is not regulated by any financial authority.
Used these for ages now, good for crypto but also good for forex meaning I just need one account. I prefer to deposit and withdraw in BTC and these are perfect for that, most definitely the quickest way to do it. Moved to these guys about 5 months ago as I liked the idea of funding through bitcoin.
I’m now bankrupt and Mutuelbnunion deactivated my account, with the transfer of funds in process, so they can demand another fee that I don’t have. Not only is Mutuelbnunion demanding another fee but is also threatening to put my money into “money laundering” crime. I guess this is the downside of working with an unregulated broker. To evaluate brokers, we test the accounts, trading tools and services provided.
Hi Michael, unfortunately, I was unable to locate you in our system based on your review information. Leveraged CFD trading comes attached to risk which is clearly outlined in the ‘Risk of Disclosure’ on the EagleFX website. We are a fully transparent broker and have no reason to hold on to client funds, which are kept separately from that of the business. We understand aafx trading review the importance of traders having fast access to funds and as such, we process withdrawals on the same day of submission.
I was looking for an unregulated broker with high leverage to quickly flip accounts. THEY CLOSED MY TRADES AND THUS LIQUIDATED MY WHOLE ACCOUNT BALANCE. Absolutely crazy how they just close trades for no reason or explanation at all. It did NOT hit stop loss, margin call or a stop out. STAY AWAY from this broker for your own good and rather choose a regulated one with slightly lower leverage. Commissions are charged on certain instruments, often when traders are offered with variable or floating spreads, as the percentage charged counts towards the brokers fee for their services.
Brokers who are Market Makers, or who offer fixed spreads, often offer commission-free trading. EagleFX only offers traders with the option of a single live trading account. EagleFX is well-known for offering traders with competitive variable spreads on all assets which can be traded. Whenever high, comparatively higher leverage rates are utilized, clients’ accounts might be at risk. EagleFX acknowledges this and supplies protection in the form of a powerful negative balance.
Withdraws have been speedy ( under 2 hours) and deposited no probs with card and BTC. Crypto pair choice seems to be also a big sell, over 30 to choose from and a good selection of forex and indices. Their customer support is professional and quick to respond. They handle issues efficiently, making sure you’re not left in the dark.
It is paid once a month directly into your MT4 account. We have over nine years of experience and have made an exhaustive examination of the platform and the services it provides. Once you have read this review, you will learn the truth about it. Then you can decide for yourself if you are going to use it or not.