Overview
EagleFX is an online brokerage that offers access to a range of financial markets, including Forex, cryptocurrencies, commodities, indices, and stocks. Established in 2019, EagleFX has quickly garnered attention for its strong focus on providing an easy-to-use trading environment for both beginners and experienced traders alike. With an emphasis on competitive spreads, high leverage, and quick execution speeds, EagleFX aims to be a strong contender in the competitive world of online trading.
Though relatively young in the brokerage industry, EagleFX differentiates itself with a client-centric approach, offering a variety of trading instruments, flexible account types, and a robust trading platform. However, as with any new broker, it's essential for potential traders to consider the company's regulatory status, as EagleFX is not regulated by top-tier authorities like the FCA or ASIC.
- Founded
- 2019
Strengths and watchouts
- Registration with the site and opening an account take only a few minutes
- The demo account is free and available to traders for an unlimited amount of time
- You can contact support at any time of the day, any day of the week
- The STP technology is used for fast order execution
- You can trade using PCs, tablets, and mobile devices
- To protect clients’ funds, the broker uses a cold storage method
- There are no passive income programs
- There are no educational articles, videos, or courses on the broker’s website
Safety and regulation
EagleFX places a strong emphasis on security. It uses SSL encryption to protect client data and ensure secure online transactions. The company maintains strict internal policies to safeguard client funds, ensuring that they are kept in segregated accounts. However, the lack of regulation from prominent authorities like the FCA or ASIC means that traders should exercise caution and fully understand the risks before depositing significant amounts.
- Not regulated
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Cryptocurrencies
- Commodities
- Indices
- Stocks
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Standard | $0 | 0.2 | 1:1 to 1:500 |
Fees and costs
EagleFX operates with a spread-based pricing model. The broker charges no commissions on trades, which is a common feature of many retail brokers. Instead, traders pay a spread, which starts from as low as 0.0 pips on major pairs like EUR/USD for certain account types. However, traders should be aware that there may be additional fees involved with deposits and withdrawals, depending on the chosen payment method. For example, withdrawals via bank transfers or certain e-wallets may incur charges.
Trading platforms
- Charting Tools
Advanced charting and technical analysis tools, including a wide selection of indicators.
web - Automated Trading
The platform supports Expert Advisors (EAs), allowing traders to automate their trading strategies.
desktop - Customizable Interface
MT4 offers flexibility in layout and functionality, which can be tailored to the trader’s preferences.
web - Mobile Trading
EagleFX offers mobile apps for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
mobile
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Frequently asked questions
What platforms are available for trading?
What is the minimum deposit?
What leverage does EagleFX offer?
Are there withdrawal fees?
Reader reviews
Jay
Feb 9, 2025
I've been involved in trading for six years and have tried various brokers. From my experience, it's evident that this broker seems to work against traders. Don't be fooled by their claims that they can't find your email or name in their system; I used alternate details, and they still tampered with my account. Exercise caution with this broker. Additionally, I have insider knowledge from my work with an agency, and I can say that some of the reviews you see are not genuine. There's a reason why this broker remains unregulated.
Caper Klemp
Feb 9, 2025
Diverse options and dependable service. The range of assets available for trading is quite impressive, and I've generally found their platform to be trustworthy. Overall, it's been a rewarding journey.
Maxwell Churche
Feb 9, 2025
When I first began, I had no prior experience. Their educational materials and demo account proved to be incredibly helpful. I've seen some improvement, and their support team has been reliably there for me.
Showing 1–3 of 10 reviews