- The rising trend and adoption of the crypto market, the day is not far when we all will use the digital currency platform.
- EagleFX is another such Forex Broker, that allows trading both fiat and digital assets.
- EagleFX gives you an option to trade both on the cryptocurrency as well as CFDs. You can choose to trade from 50+ assets which include 30+ cryptocurrencies and 20+ CFDs.
Nowadays people have been trying to find alternative assets to old traditional and conventional fiat currencies. This is when the cryptocurrency industry steps in. Over the past decade, we have seen lots of up and down. Some analysts say that the Blockchain and Cryptocurrency market will always be a secondary option and that it can never supplant the fiat currency. On the other hand, some of them believe that with the rising trend and adoption of the crypto market, the day is not far when we all will use the digital currency platform. EagleFX is another such Forex Broker, that allows trading both fiat and digital assets.
A Brief Overview of EagleFX
Forex trading also referred to as FX Trading is a platform for currency trading. Here traders have to determine or predict the value of currency over another currency. The best thing about Forex Trading is that it is global and further you have options on different currency pairs. Similarly, a Forex Broker is a platform that provides the ability to buy as well as sell assets. EagleFX is another such Forex Broker, that allows trading both fiat and digital assets. Such brokers are now being adopted widely in the cryptocurrency markets.
Trading Options Offered by EagleFX
As of now, EagleFX gives you an option to trade both on the cryptocurrency as well as CFDs. You can choose to trade from 50+ assets which include 30+ cryptocurrencies and 20+ CFDs. When it comes to cryptocurrency you can choose among 32 different of them. Ranging from BTC and ETH which are apparently the most used digital currencies, there are BCHBTC, OMGUSD, LTCUSD, SANBIT, IOTABIT, NEOUSD and you can choose according to your convenience.
Provides High Liquidity and High Forex Trading Leverage:
So what are the advantages of using the EagleFX platform? Well just like any other Forex exchange it provides you very high liquidity. Liquidity is that feature that allows you to readily convert any assets digital or not into cash without any price. Further, it provides you a very competitive spread with respect to ongoing market values.
It provides very high forex leverage almost like 1:500. High leverage allows you to trade more amounts of money than you are likely to have in your account. 1:500 leverage means that for every $1 you hold you will be able to trade up to $500 in the market. In addition to all of these, they charge not a single dollar for withdrawal or deposits while using your Credit Card, Debit Card or Bitcoin. Further, you have 24×7 access to the customer services and you are allowed to have access to the withdrawal service within 30 minutes of the transactions.
EagleFX was launched in the year 2019 and considering this short period it has done a worthy job to develop itself. Many traders across the world have recommended this particular brokerage, which has made EagleFX a successful platform.