EagleFX is one of the leading brokers in cryptocurrency. With $10 as the minimum deposit, it offers 35 cryptocurrencies. With the leverage of 1:500, any trader that avails its service is bound to have more profitability than before. It charges a menial brokerage of 0.01% of micro-lot, it offers a good deal of services. The result of these factors has been a 4.7 rating.
It uses MT4 technology for trading and some of the most productive spreads in the industry. It has more than 100 financial instruments for trading purposes and offers 31 crypto options as well. The spreads it offers can accommodate high variability and updates at a 10-second interval. Owing to the incorporation of Straight Through Processing, aggregation is used to give the best prices to users as well as incredibly speedy trading.
Security and flexibility of payment portals
With its two-step authentication security system, the broker needs not to worry about the funds invested. It gives assurances that no client details will be shared with any third parties. Withdrawals and deposits can be made swiftly within 30 minutes, for some transactions. EagleFX does not charge for withdrawal and deposit either. This is the result of partnering with the leading payment processors of the world, as mentioned on their website.
EagleFX does not only provide a trading platform but also proper guidance in the field of cryptocurrency. It offers 24/7 customer support for any queries or suggestions required by its customer base as well as trading support for those who feel the need to avail said service. You can contact them through Live Chat or send a ticket through email or submit a callback ticket. They have fast responses to all these modes of customer support.
One of the notable features of this broker is the aid it gives to new traders. It allows them a demo account to understand, practice, and analyze their own strategies and mistakes before dabbling with their currencies. It does not limit the time of use for the demo account either. Furthermore, this gives traders to learn and grow through their trading practices to reach an optimum position with their currency.
While it does not include negative balance protection of the trader and has lower leverage for European Economic Area residents, its pros far outweigh its cons. Hence, If you are a trader that trusts the vibrant strategies of new and emerging brokers, EagleFX is the perfect platform for you.