EagleFX review: Is it a legit or scam broker? Does Eagle FX accept USA traders?
5 star review by Forex Harvey, United Kingdom
What is EagleFX?
EagleFX is a forex broker in business since 2019. It is not regulated and is using cryptocurrency for account funding and withdrawals. Eagle FX has only minor geographical restrictions and is accepting USA traders.
Clients can choose over 200 CFD instruments on Forex, Stocks, Indices, Commodities, Cryptocurrencies.
All trading is done via EeagleFX MT4 platform available on browsers, desktops, and mobile devices.
Please read EagleFX Reviews below and share live trading experiences with this broker.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$10|
|Address:||8 Copthall, Roseau Valley 00152, Dominica|
|Trading platforms:||MT4, WebTrader|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|Cryptocurrencies:||(30+) Bitcoin, Litecoin, Ethereum|
|CFD:||(20+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities|
|News Trading:||✅ Yes|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin|
|Withdrawal Methods:||Bitcoin, Coinbase, PayPal|
Recent User Reviews of EagleFX
Update on withdrawal
Aug 25, 2023 - 3 Stars Has been pretty good overall, never had an issue with withdrawing up until recently. My withdrawal has been stuck in the mempool for over 4 days now.. not sure what was so different this time around.. will update in a few days. I don’t normally write reviews. I’m just a little sketched out.
The actions lately have me second guessing this company.
Not Perfect But Better Than Many Out There
My last Withdrawal was made without any problems even though I made it the very next day after I deposited my money.
I took it all out and send it to another broker because I was about to have a margin call.
I am satisfied with this broker.
My Broker Review
- EagleFx doesn't have the best spreads , they are completive / Floating Spreads, so if you are a short term/scalper This broker might not be best for you.
-This broker does not Offer MT5
Very user friendly
I used their demo account first and got plenty of practice before placing any real trades.
Once I began placing real trades I was pleased to find that the whole process is very simple and the execution of each trade was quick.
When it comes to withdrawals I’m happy to say that the longest Ive had to wait was about 6 hours.
Holding withdrawal update
Jun 26, 2022 - 2 Stars I started trading with this broker in the beginning of the month because of the good news I’ve heard about them like fast withdrawals and tight spreads, I recently ask for a withdrawal and they said they’d might have to review up to 48 hours I requested it on Friday and today is Sunday which is 48 hours and still no withdrawal they followed up and said they will complete it within the next 24 hours will update you guys on if they honor the withdrawal or not they say it’s taking longer than expected because it’s a big withdrawal, the withdrawal is only 25k so I could imagine what they would say If it was a six figure withdrawal will keep you updated
Pleasantly reliable(2+ years)
Frequently Asked Questions
Is EagleFX a good and legitimate forex broker?
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we recommend to check recent Eagle FX broker community discussions: https://www.forexpeacearmy.com/community/tags/eaglefxcom/
What can I trade on EagleFX?
- Forex currency pairs
- Precious metals
- Stock indices
What are EagleFX's methods of deposit and withdrawal?
- Visa Mastercard
- Wire Transfer
Is EagleFX regulated?
Please read unbiased traders reviews on Forex Peace Army and recent forums posts here: https://www.forexpeacearmy.com/community/tags/eaglefxcom/ to decide whether EagleFx is a good forex broker for your trading needs.