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EagleFX Review 2025: Is EagleFX Scam or Legit Forex Broker ☑️ | ForexBrokersInfo.com

EagleFX Review 2025

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What is EagleFX?

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EagleFX is an online Forex and cryptocurrency Straight Through Processing (STP) broker. It provides Contract for Difference (CFD) trading on hundreds of assets. The platform offers optimal trading conditions within the award-winning MetaTrader 4 platform. It is known for its deep liquidity, generous leverage up to 1:500, and some of the best spreads in the industry. One of the key features of EagleFX is its commitment to client satisfaction. This is reflected in its 24/7 live customer service. It charges no deposit or withdrawal fees, and processes withdrawals within 30-minutes or less. EagleFX prides itself on offering a variety of assets for trading and takes advantage of uninterrupted 24/7 trading. It ensures rapid access to funds and processes withdrawals within the same day. Security is a top priority for EagleFX. It safeguards funds with multiple security measures and ensures that client data is never shared with third parties. It’s important to note that EagleFX has been in business since 2019 and is not regulated. It uses cryptocurrency for account funding and withdrawals. Despite minor geographical restrictions, it accepts traders from the USA. Overall, EagleFX is a reliable system created by traders for traders. It offers a high growth possibility due to its fast execution and low spreads.

What is the Review Rating of EagleFX?

Forexbrokersinfo.com is regularly checking the ratings of EagleFX at forex broker review sites.
EagleFX has been reviewed and rated by:
  • 55brokers: 55brokers rated EagleFX with a score of 30. This rating was last checked at 2024-01-06 06:56:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
  • Trustpilot: Trustpilot rated EagleFX with a score of 88. This rating was last checked at 2024-01-05 21:16:03. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
  • Wikifx: Wikifx rated EagleFX with a score of 20. This rating was last checked at 2024-03-18 20:59:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
The Weighted Average Review Rating calculated by Forexbrokersinfo for EagleFX is 26.

What are the Pros of EagleFX?

EagleFX, a broker for active traders who trade Forex assets, offers several advantages. ECN/STP Broker: EagleFX operates as an ECN/STP broker, which removes the conflict of interest between brokers and traders. Low Minimum Deposit: The minimum deposit requirement is only $10. Competitive Spreads: EagleFX offers extremely competitive spreads. No Hidden Fees: There are no hidden fees charged by EagleFX. This includes no activity fees nor deposit & withdrawal fees. Bitcoin Friendly: EagleFX provides a friendly platform for Bitcoin users. Deep Liquidity: EagleFX offers deep liquidity. Generous Leverage: Traders can leverage up to 1:500. Best Spreads: EagleFX offers some of the best spreads in the industry. Quick Withdrawals: EagleFX processes withdrawals within 30-minutes or less. Award-Winning: EagleFX received three awards in 2020 for “FX Broker With Best Withdrawal Options”, “Best ECN/STP Broker” and “Best Forex Broker”. These features make EagleFX a strong choice for both professional and beginner traders interested in trading Forex assets. However, it’s always recommended to thoroughly analyze the pros and cons before opening an account with any broker.

What are the Cons of EagleFX?

EagleFX, a broker for active traders who trade Forex assets, has several cons that potential users should consider:. Limited Educational Resources: One of the significant drawbacks of EagleFX is its limited educational and learning resources. This could be a disadvantage for beginners who are new to Forex trading and could benefit from comprehensive educational materials. Deposit Limitations: Depending on the deposit method chosen, the broker might limit the client’s deposits each month. This could restrict the trading volume for some traders, especially those who prefer to make frequent or large deposits. Transaction Speed: The speed of transactions, including opening and closing positions, might not be as fast compared to other brokers. Slow transaction speeds can impact the efficiency of trading, especially for those who engage in high-frequency or day trading. Customer Satisfaction: Not all clients are satisfied with the company, according to reviews. This indicates that there might be issues with the broker’s service that could affect the trading experience. . It’s recommended for potential users to thoroughly analyze these cons before opening an account with EagleFX.