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.
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)
Good so far
When I signed up, the phone verification was not automated so a representative had to give me call. Although not being phone verified did not affect my ability of trading right away.
When I deposited my bitcoin, it felt really fast. EagleFX waits for 6 confirmations, but it's no big deal.
As soon as I funded my mt4 account, I started receiving a "Daily Confirmation" email, which is a statement of all the transactions made in my account. I really appreciate this.
I have not made a withdrawal yet but will update this review.
Happy with my experience so far
The main reasons I chose them is for the wide range of assets the offer - it's great to have access to crypto and stocks on the same account. Also it's good to be able to hold your trading balance in BTC for long term growth.
Would be great if they could also add some of the newer crypto coins too.
Use to believe in this broker
We kindly ask you to get in touch with our 24/7 customer support team and include your email address in your message so that we may be able to investigate your claim further by looking in to your account history.
As an unregulated broker, we are able to offer higher leverage and lower deposits compared to our competitors in order to make trading more accessible, however risk is inherent to trading and it is the individual’s responsibility to manager their own risk.
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.