Forex

EagleFX Review 2021: Is EagleFX a Trusted Broker?

February 11, 2022518 views0

What Is EagleFX?

So far, I’ve been happy and satisfied with the broker and that’s why I decided to write the EagleFX Review.

EagleFX is simply an online Crypto and Forex STP broke that provides CFD Trading over one hundred assets and optimal trading conditions within the Meta Trader 4 Platform (MT4).

They offer leverage up to 1:500,deep liquidity and some of the best spreads in the industry.

One thing I love most about the broker is their commitment to customer’s satisfaction which is why they offer 24/7 live customer service.

Also, they don’t place charges on deposits or withdrawal fees and their withdrawal is so fast! Within 30-minutes of placing withdrawal, you’d be paid.

They are partners with many top banks and dark pool liquidity execution venues just to ensure that their customers are opened to the best trading conditions out there!

These will ensure that you always have access to best price and tightest spreads.

These unique qualities, set EagleFX aside from the rest of the brokers.

EagleFX Review

Why Should I Choose EagleFX?

There are many reasons why I personally think you should choose this broker. Some of the reasons are:

Fast Execution

They make use of STP (Straight Through Processing) which means that all the trades are completed directly.

This means that there are no dealing desk, no re-quotes and no possibility of price manipulation.

Aggregation is also used to ensure that their clients receive the best pricing possible.

Each time you trade, the system compares the rates of each being offered by their liquidity providers and then automatically uses the best option.

All these operations happen within a mere fraction of a second!

EagleFX Review

Dedicated Client Support

They are very committed to customer service, they offer 24/7 customer support and also provides multiple contact ways.

You can;

• Call
• E-mail
• Or Use the Live Chat

The customer support agents are always online during the week and also on weekends.

Withdrawal

The withdrawal process is also fast.

Your funds will be sent to you within 30-minutes of requesting.

Minimum Deposit

Their minimum deposit is just $10, pretty affordable right?

EagleFX Review

Affiliate Program

They give pretty lucrative affiliate commissions to people who refer others to use them.

You earn residual on each and every trade taken by those who joined them through your unique affiliate link.

You will continue to earn $4 per traded lot on every completed trade starting from day one and continuing on for as long as your referrals are actively trading with us.

READ ALSO: CoinEntrust Review 2020: Is CoinEntrust Legit Or Scam?

EagleFX Registration

To register, make sure you use this link https://www.eaglefx.com/?cmp=2e8j1y5e&refid=1570&utm_source=partner&utm_campaign=1570

For EagleFX Registration, all that is required of you is your;

• First Name
• Last Name
• E-mail Address
• Password

You can also choose to sign-up with your;

• Google Account or
• Facebook Account

After registration, you should verify your email address.

After that, you can proceed to funding your account with a minimum of $10 using Bitcoin.

EagleFX Review

EagleFX Login

For EagleFX Login all you need is your;

• Email Address
• Password

If you forget your password, you can always use the Forget Password feature.

EagleFX Withdrawal

An essential part of any online exchange like EagleFX is the provision of withdrawing. Players can withdraw funds acquired from their executed trades with MasterCard, Visa, Direct Bank Transfers or Bitcoin.

This extends to PayPal and Pre-Paid Credit Cards as well. On average, funds are withdrawn and provided to bank accounts in less than 24 hours.

This is because EagleFX doesn’t implement a verification process with withdraws. Of all the withdraw services, Bitcoin is the fastest.

EagleFX Review

Is EagleFX Regulated?

No, the broker isn’t supervised or regulated by any regulatory bodies.

Don’t panic, it’s very normal to see many online brokers like EagleFX that are not regulated but still are legitimate.

Reason being that some brokers provide their service under offshore licenses to save operational costs.

EagleFX Review

Is EagleFX Legit or Scam? (EagleFX Review)

Now to the main thing of this whole review, Is EagleFX Trusted or Not?

Well, based on my experience and also many others’, EagleFX is definitely one if not the best of the brokers out there!

My experience with them has been excellent so far, my withdrawal doesn’t take time at all and I don’t have any problems with them.

Here are some of the people who also agrees with me.

EagleFX Review

So far so good. All the bad reviews I’ve read so far seem to be off traders who can’t trade. Price moving the opposite direction, trade getting margin called..
So, if you can trade, Eaglefx is competitive as any with spreads and leverage.

It is a little bit worrying that they have no regulation currently but they’re not the only ones out there who don’t.

USDJPY spread 0.7
GBPUSD spread 1.1

Deposited £36.86, currently sat on £87.84 with a 138.31% return in 3 trading days linked with myfxbook.

They also have an affiliate program that I may use that has a fairly competitive pay structure.

Will update the review when it comes to withdrawal. But currently can’t complain or see any negatives.

UPDATE – withdrawal request for £99.01 at 11am..no fee from eagle fx, just received it into my coinbase account within 40 mins.

Will be using again 👍

– Tom, Trustpilot.

I have been using EagleFX for a while now. I began using them to trade cryptos at the weekend. They have been really good so far and the withdrawals using bitcoin are within hours which is such a positive. So much so i have begun using them for my forex trading too. Hopefully things continue the same way and ill be using them more and more.

– Craig McGovern, Trustpilot

Please not: This EagleFX Review isn’t aimed at promoting or defaming the broker.