EagleFX

  EagleFX (website) is a financial broker domiciled in Dominica offering secure online forex trading on over two-hundred assets. The firm provides trading services to both retail and institutional clients. By offering extremely attractive trading conditions, this FX broker offers plenty of appeal to traders of all skill levels. In addition to low spreads, fast processing, and excellent rates, EagleFX brings to the table state-of-the-art cold storage fund protection, free deposits & withdrawals, an award-winning platform, and much more.

Account Types and Spreads

There is only one main account type available to EagleFX clients, so do not expect to find any tiered deposit requirements or fluctuations in rates or perks. Corporate and Islamic accounts are available for those who need them. As for spreads, this broker offers some of the lowest that we’ve seen to date. On the popular EUR/USD pair, a spread of 0.1 pips is not uncommon. Spreads within the platform are floating, but the overall average is a low 0.3 pips, which is much better than average.

Trading Platforms

The EagleFX MetaTrader 4 platform provides easy access to ultra-fast trade execution, deep liquidity and the highly intuitive, powerful interface that has worked to make MT4 the most popular trading platform of all time. The platform offers a variety of advanced indicators and tools to help traders to analyze price dynamics across nine-time frames, identify trends, and calculate the best (and worst) entry and exit points.

Features of MetaTrader 4 include the following:

• User-friendly interface
• Nine timeframes for each instrument
• Built-in indicators
• Layer indicators functionality
• Instant access to market news
• Advanced charting and analysis
• Create and utilize Expert Advisors
• Variety of language options
• Trailing Stop Loss functionality

Trading Instruments

EagleFX offers a variety of asset groups such as Forex, Indices, Commodities, Cryptocurrencies, and more. There are 209 assets in total, with the majority of these being within the currency pair and cryptocurrency group.. The broker offers also offers Futures trading to its clients. Standard trading can take place 24 hours a day, 5 days a week, but cryptocurrency trading can take place 24/7, due to the lack of a central market for digital assets.

Payment Methods

The deposit and withdrawal methods offered by EagleFX are bank wire transfer, credit/debit card, and Bitcoin. The deposit time for wire transfer is 2-15 working days but is much faster for credit/debit and Bitcoin. One of the advantages of this broker is that it does not charge any deposit or withdrawal fees. Withdrawals are processed in two business days or less. Live customer support is available around the clock, so anyone with questions or concerns will be able to speak with an agent instantly.

Conclusion

EagleFX is an offshore forex broker using the very latest in fund protection and security measures. It offers extremely attractive trading conditions and a low minimum deposit requirement of only $10. There are a variety of instruments provided and the broker offers the most popular of all trading platforms, MT4. Their customer support team is friendly and knowledgeable, but more importantly, always available to help – 24/7. For all the reasons mentioned here, along with many more, at this time we do recommend EagleFX to those in search for a broker.