EagleFX Review

reliable, good service for clients, deposits and payout system is always good, sticks to timescales expected.

Signed up to this broker last weekend as a recommendation from a friend as I wanted to trade Crypto on a weekend. I like to get my Crypto fix as I miss the markets over the weekend!

They have a wide range of Crypto to trade, such as XRPUSd, ETHUSD and BTCUSD and many more, but they are the only ones that I trade.

I had a few questions, so I hopped on live chat and they were helpful.

I made my first withdrawal in the week after holding a BTCUSD long, and it was processed within a few hours and hit my Coinbase account.

I would say that they are decent. I also had a look at their Forex/Stocks options and the spreads are relatively good.

i have been using EagleFX now for a few months and i have to admit i was very surprised with these, great customer services. withdrawals are pretty fast. not the easiest broker to set up different layout to what im used to but with 10 minutes i was rolling around the website with ease. spreads are low which is always a win in my eyes. so 5 stars from me.

Been using them for a year now to date and are my go to for crypto trading though I also use these and IC Markets for FX trading. Spreads aren't quite as good as the raw spread account for ICM but good enough but the crypto spreads are very good and 1:100 leverage very handy. Like the BTC withdrawals. Thought it a bit of a pain at first but get used to it and the 2hr withdrawals using that method make it worthwhile. Also been solid over the Covid-19 spikes we have seen which has been pleasing.

I was pleasantly surprised by the speed of these guys with their withdrawals.
Landed in account in no time , no messing about.
Others have said it the Crypto trading is a real draw for me , you can trade at the weekends if needs be .
Good spreads good selection of instruments ,got yourselves another customer with me .

Jan 21, 2020 - 4 Stars Joined up roughly 4 months ago .
I love the fact you can deposit in BTC which makes withdrawals so much quicker.
Lots of Crypto pairs , good for Forex too cant fault them at all .

Price slipps from stop loss and broker doesn’t pay you back.

Connect to server and it takes 5 mins sometimes to reconnect. Now you lose more money..... b book broker makes sense

No KYC required to signup so creating an account takes like 10 minutes. Depositing money via bitcoin took about an hour which is pretty fair. Withdrawals were pretty fast compared to other brokers. My withdrawal took maybe 3 hours at the most. Spreads are great as well.

Got to be one of the best brokers around. Ive been with a few brokers and this by far is the one that stands out from the crowd for all the right reasons. Outstanding platform and the spreads are perfect. All in all 10/10 . For crypto and forex you wouldnt use anyone else

Been Using this broker for 6 months now and even tho i mainly used them for crypto trading to start now they are my main broker and have moved every thing over. So far i have had no speed issues and easy deposit and withdrawals. love the web trader option and even runs a small EA i have with flawless problems.
What a great allround broker with great customer service!

Jan 18, 2020 - 5 Stars been using eaglefx for a while now and have no issues what so ever. i thought i had a problem at one point and contacted them, they were happy to help and it was actually my vpn that i had with someone else that was down. they confirmed all my account issues and where very supportive.

I made a post about issues with the withdrawal process about two weeks ago. This post is to provide an update. I eventually submitted another withdrawal request, which ultimately was approved. After the withdrawal request, customer service contacted me on several occasions to ensure the withdrawal was completed smoothly and explained what caused the delay. I was impressed that the company took the efforts to personally contact me to get my feedback on its continuing success.

May 1, 2020 - 1 Star I recently created an account with Eagle Fx because they advertise fast withdrawals. Opening an account took less than 10 minutes and requires no KYC. My deposit was credited within an hour. The problem happened when I requested a withdrawal. After 4 hours, my withdrawal was still pending so I conducted a live chat to inquire about my request. Below is a copy of the conversation where they explained why my withdrawal wasn't approved at the time. There is no problem with the block chain network when I make a deposit but when it comes to making a withdrawal, there is suddenly an overcapacity issue with the blockchain network.

As of now I strongly urge people to be cautious if they decide to open an account with them.

I canceled my withdrawal and going to attempt to request one later and willing to update my post if/when my withdrawal is successfully processed. UNTIL THEN PROCEED WITH CAUTION!!!!!!!!!!

Delilah 01:26:32 am
Ok, we are currently unable to approve withdrawals due to the current issues with the Blockchain that is preventing us from doing so, as soon as it allows, this will be approved and you will receive an email to confirm this.

Me 01:27:24 am
So basically I will not be able to receive any money from this company?

Delilah 01:28:36 am
Kindly note that currently due to the mempool being overcapacity, it is causing delays on Bitcoin passing through the Blockchain network. Unfortunately, as this is an issue coming from Blockchain traffic, it is out of our control.

We kindly ask for you to have some patience for this to be sorted out from their end.

Me 01:29:27 am
well cancel my withdrawal.

Reply by Official_EagleFX submitted May 11, 2020 Hi Kedric



We hope this message finds you well! We were delighted when we successfully got in touch with you to fully explain why there were initial delays to your withdrawal request.



Sometimes circumstances beyond our control can impact the speed in which withdrawals are processed. In your case: The Bitcoin ‘Mempool’ being full.



When a Bitcoin transaction is transmitted to the Blockchain network, it first gets verified by available Bitcoin nodes (i.e. computers participating in the Bitcoin network).



After the transaction successfully passes verification by a node, it sits inside that node’s “Unconfirmed Transactions” area known as the “Mempool” (short for Memory Pool). The transaction patiently waits until a miner picks it up and adds it in the next block.



The Mempool is the holding area for all pending Bitcoin transactions. Every node has a different capacity for storing unconfirmed transactions. As a result, each node has its own rendition of the pending transactions. This explains the variety of Mempool sizes & transaction counts as some nodes have more computing power than others.



It was due to the mempool being at capacity and increased network traffic that caused delays to your transaction being processed.



As part of our ongoing commitment to our users’ overall experience, we have since credited your account with the initial $110 withdrawal request as a gesture of goodwill.



We aim to process withdrawals within 30 minutes of submission and advise customers to allow up to 6 hours for withdrawals to clear into their Bitcoin wallets. In your case 4 hours had elapsed yet we felt that in this special circumstance, we would offer you with the full reimbursement of your initial withdrawal request.



We look forward to servicing you as a broker going forwards and providing you with the best possible conditions to trade successfully.



Should you require any further assistance in the future, please do not hesitate to get in touch. We are available 24/7 via LiveChat, email and you can even request a call back at a time that suits you best.



Many thanks, Support.