EagleFX Review 2019 | Is EagleFX a Scam or Legit Forex Broker?

Read our EagleFX review to find out if EagleFX is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.
EagleFX
EagleFX Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this EagleFX broker review.

Founded in 2019, EagleFX operates with the goal to render Forex trading easily accessible, safe, simplistic, and profitable for traders throughout the world. This client-centric broker is passionate about offering extremely attractive trading conditions, which the firm delivers within the ever popular MT4 trading platform. With spreads starting at 0.1 pips and averaging only 0.3 pips, trading costs are kept to a minimum. Clients can stretch their trading dollars using leverage as high as 1:500, and are free to trade on over 200 total assets. A host of analytical tools are provided, helping traders to locate the most profitable entry and exit points.

# Broker's Features EAGLEFX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review EagleFX.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. EagleFX offers Online Financial Trading and Investment Services Such as FX Majors, FX Crosses, FX Exotics, Cryptocurrencie.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. EagleFX is ECN, STPEXT_SMALL1.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. EagleFX recommended minimum capital is 10.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. EagleFX is regulated by Not regulated. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. EagleFX offers USD, EUR, GBP, BIT different account currencies for each account types.

Languages Available: Next lets have a look at each broker's different Language options. EagleFX offers English.

Payment methods: Next lets have a look at each broker's payment options. EagleFX offers Credit Card, Bitcoin, Bank Wire different payment methods for each account types.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, EagleFX makes MT4 available to clients.