EagleFX review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared EagleFX with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Basic information from EagleFX review

About the broker

Web:eaglefx.com
Readers' rating0 Votes
0
License:
Supported languages:English
Year of foundation:2019
Holder: EagleFX Ltd
Headquarters:8 Copthall, Roseau Valley 00152, Dominica
Methods of contacting customer support:E-mail, phone, online chat
Deposit methods:Bank transfer, VISA, MasterCard, Bitcoin
Withdrawal methods:Bank transfer, Bitcoin, Coinbase, PayPal

About trading with EagleFX

Minimum deposit:10 USD
Min. trade:0.01
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:500
Spreads:Variable
Underlying assets:
Might be a CFD.
Forex (55), cryptocurrencies (30)
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:WebTrader
Social trading:No

Random reviews of competing CFD brokers: HugosWay, RockfortMarkets, ValburyCapital and BlackwellGlobal

Leave A Review
Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
96
Spread and fees
90
Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
91
Customer support speed, availability, availability in the language you speak
96
Based on 20
93
Average rating from reader reviews

Frequently Asked Questions

🧐 Is EagleFX a scam?

We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if EagleFX is a scam or not.

🆓 How to open a free demo account?

Opening a demo account with EagleFX is very simple, just register on their website.

📱 Does EagleFX offer the best mobile app for trading?

EagleFX offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.

We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the EagleFX mobile app.

⚖️ Would you recommend me EagleFX?

EagleFX is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose EagleFX as a broker where you trade before you compare it with competitors.

Is this an ad?

We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating748 Votes
83
100 USD 1.0 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Etoro.
In-house built platform FCAASICCySecetoro.comreview  EUR/USD*: 1.0 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Etoro.
76% of retail investor accounts lose money when trading CFDs with this provider
Readers' rating768 Votes
86
0 0.9 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB.
In-house built platformFCA CySecxtb.comreview EUR/USD*: 0.9 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of XTB.
Readers' rating475 Votes
79
100 USD 0.8 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Plus500.
In-house built CFD platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 22.03.2024 at 11:12 from the web or trading platform of Plus500.

* The spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 76% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.

Selecting an unsuitable broker can put even a great trader at a loss.

That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.

If you have any experience with EagleFX, please share it in the comments to help others to choose the suitable broker.

EagleFX review & user ratings

Forum, opinions and user reviews

  1. JB_fx trader says:
    87.5
    Reliable all round broker

    Found these to be a pretty reliable broker, lots of fx pairs to trade and a wide range of indices, commodities and cryptos too. The leverage they offer is better than a lot of other brokers at the moment which is what interested me at first. Withdraws haven’t taken long at all usually within 24 hours and the customer support is quick to respond and available 24/7.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    80
    Spread and fees
    80
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  2. Reddy says:
    97
    Convenient, Flexible and Affordable

    EagleFX has been my go-to broker ever since I started trading cryptos. I used to trade Forex with another broker, but once I started using EagleFX, there’s no looking back. Full transparency, reliable support team and affordable fees are the reasons why I love EagleFX and why I would stick with it.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    96
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    96
    Customer support speed, availability, availability in the language you speak
    96
    0
    0
  3. Singy86 says:
    77.5
    Broker rating

    Have been using EagleFX a couple of years now and have been reliable. Seen many others have issues so glad. Decent amount of pairs on offer for both forex and crypto. I guess it does what I need so happy to continue using.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    91
    Spread and fees
    75
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    69
    Customer support speed, availability, availability in the language you speak
    75
    0
    0
  4. Craig McG says:
    92.3
    Good broker for compounding small accounts

    Been using these for over a year now and wanted to write a quick review. I am compounding small accounts at the moment using my sheet and it is a really solid broker to do so with 500:1. I use the 10US min deposit to test out some live strategies and ive found good success with it. Happy with the broker so far hope all stays the same for the coming year

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    99
    Spread and fees
    80
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  5. Tracey says:
    95
    Solid broker

    Hard to pick fault when everything you need for trading is under one roof. High Leverage and 24/7 crypto is a must have for me and EagleFX ticks both these boxes. Solid experience now for over 3 years.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  6. Momchil Slavov says:
    100
    My main broker

    I’m using them for more almost 3 years already and all’s more than fine. My key points are fast withdraws, responsive client support, good leverage and pairs variety. Also their web trader works very smooth and it’s really useful.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  7. Seb King says:
    90
    No complaints here

    Used this broker a few years now and always had my withdrawals promptly crucially which is something I always test with offshore brokers. Decent spreads and reasonable commisisons with good leverage options across forex and crypto which I dabble with. Never had any issues with funny looking wicks or anything like that fortunately. A good all rounder for anyone looking for a single broker rather than a few.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    95
    Spread and fees
    85
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    85
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  8. Cot trader says:
    99.3
    Recommended

    Eagle have been solid for me the last few years. It’s not often I’ve felt happy to keep using a broker this long but they are perfect for leverage trading small accounts.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    99
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    99
    Customer support speed, availability, availability in the language you speak
    99
    0
    0
  9. Tracey says:
    96.3
    Happy Trading

    EagleFX were my first true Crypto trading broker, with good leverage and weekend markets so I was never caught out again. Having initially found them for crypto I soon started trading Forex as well and have no complaints.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  10. ColinLewis says:
    100
    Speed Crypto broker

    Great to see crypto brokers staying the course with top brokers. Without geographical limitations on leverage, I have traded all markets offered and been pleasently surprised at the consistency.

    Customer support fully functioning on weekends too, key for the 24/7 markets they offer.

    I have not been able to make as many withdrawals as I would like (bad trader) but the ones I have made were efficient and correct, same day payments.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  11. Deano says:
    98
    Find them to be reliable

    At the start of last year I got in to trading Crypto, Whilst looking for a broker that could offer me the best deal EagleFX stood out, there leverage and amount of Cryptos was the best, after a while I found them to be faster and more reliable then my main broker I used for forex so in the end I transferred over and just had 2 accounts with EagleFX 1 for crypto and 1 for forex. Now well over a year and no issues at all and they just keep getting better.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    98
    Spread and fees
    98
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    98
    Customer support speed, availability, availability in the language you speak
    98
    0
    0
  12. Momchil Slavov says:
    100
    Good choice

    I’m using them for more than 2 years already and all’s more than fine. My key points are fast withdraws, responsive client support, good leverage and pairs variety. Also their web trader works very smooth and it’s really useful.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
    1. Stephen Day says:

      I have been using EagleFX for over 2 years, now and have found them to be a reliable broker. I use them for both forex and crypto, which you can trade 24/7. As I use bitcoin, withdrawals are always processed within a couple of hours. If you have any issues they have a customer support team available team available 24/7.

  13. TJ says:
    97
    Really Happy

    Really happy with this broker, been with them for a couple of years now, only had one problem in that time and it was fixed within about an hour The withdrawals ar quick, sometimes just a couple of hours and the spreads are decent too. Would be nice to have MT5 available but the MT4 servers are pretty quick and reliable. Overall I am really happy with this broker.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    97
    Spread and fees
    96
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  14. TJ says:
    96.3
    Really happy

    Been with this company for about 2 years now, I have been very happy so far. I only had one issue, that was resilved within about an hour. The withdrawals are very quick, sometimes just a couple of hours. The spreads and commission are ok too, not any nmore than you would expect. Would be nice to also have MT5 but MT4 is very good and the servers on it run pretty quick. Overall I am very happy with this broker.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    96
    Spread and fees
    94
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  15. Peter Lanceley says:
    96.3
    Good all rounder

    Used this broker for a year or so now. They are my go to broker, decent spreads, fast withdrawals and 24/7 customer support. You can also trade Crypto on a weekend which is a win/win.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  16. Treeny says:
    92.5
    Great Service

    Been a good broker for me over the years 24/7 trading and customer support is a massive plus as I like to trade cryptos at weekends.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    82
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    88
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  17. George Quayle says:
    90
    Great all round

    No complaints from me here. One of the cheapest brokers I’ve found for spreads and all-round service has been good. So brokers can be hard work to use but I find this one easy to handle. Customer support was very helpful when I had a problem with one of my deposits

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    86
    Spread and fees
    94
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    88
    Customer support speed, availability, availability in the language you speak
    92
    0
    0
  18. lee baxter says:
    92.5
    Good All Round Broker

    I’ve been with EagleFX for almost two years now. I first joined because i saw they offered 24/7 crypto trading. I had an account with Oanda and they’re assets aren’t available 24/7. Plus they cut the leverage down so I had to go elsewhere to take advantage of a decent leveraged account for my day trading.
    I still trade with them to this day and I don’t have any real bad complaints, i could do with the spreads being a little better but I hold my trades long term so spreads don’t cause me any problems really, would recommend.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    85
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  19. SP says:
    91.3
    EagleFX have been brilliant.

    Been with EagleFX for nearly a year now and I’ve got to say I’ve been really impressed.
    Decided to try them after having some issues with Crypto with IC Markets and I’ve not looked back.
    Getting started was quick and easy, BTC deposit landed really quickly and their support helped me get set up and gave some quick pointers on using their Web Trader too.
    Withdrawals to my Coinbase wallet have been smooth and faster than any other broker I’ve used previously – I was accustomed to waiting 24-36 hours, but these have been landing in 3-4 hours usually.
    Overall really happy, nothing to complain about.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    95
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    85
    0
    0

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Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
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