EagleFx Services Review

Headquartered at the Commonwealth of Dominica, Eaglefx was formed in 2019 with a vision to ease trading for its customers and give them the best platforms to trade. Eaglefx is one of the brokers where one can park their money without any inhibitions. The traders on this platform are benefited with high leveraged full STP/ECN, CFD trading with zero conflict of interest through tier one liquidity. 

The firm gives 24/7 support on crypto trading which not many brokers offer. Not only this, one can also do withdrawl within a few hours of trading, which is a big plus for the company.

Trading platforms

MT4 platform

EagleFx is an online forex and cryptocurrency STP broker providing CFD trading on hundreds of assets. The broker provides optimal trading conditions with its popular MT4 platform. It comes with a variety of powerful active charts, analytical functions and technical indicators. Traders can trade virtually from anywhere using this platform on iOS and Android. The traders can also trade directly from the browser without downloading or installing software using webTrader. 

There are three trade execution modes including instant execution, market execution, pending, stop orders and a trailing stop function. In just one click, traders can lock the trading orders straight from the chart through its quick trading function.

 Built in tick chart features provide an  optimal method for locating optimal entry and exit points. Traders can use a wide variety of trading facilities with the help of MT4 platform. 

Price dynamics can be seen in detail as each symbol is displayed in 9 timeframes. 30 technical indicators and 24 graphic objects are included, allowing for the most comprehensive analysis of price movement.

MT4 also guides in analyzing the best times to trade and also analyze market movements from time to time. The platform also offers highest security standards. Data exchanged between the client terminal and the platform servers is always encrypted. The platform also supports the use of digital signatures.

Demo Accounts

 The client centric trader offers unlimited demo accounts within which the current and prospective clients can test the platform, practice strategies and work on their forex trading skills with 24/7 customer support. The clients are once assured of the dealings the the platforms offered by EagleFx, they can fund an account and begin trading.

Trading Cost

The trading cost is kept minimum. One can start trading on the platform with as minimum as $10 and will be given the same treatment as given to any other trader whose stakes are higher. Accounts can be managed using four different currency options, USD, EUR, GBP and Bitcoin. The spreads starts at 0.1 pips and averaging only 0.3 pips. Clients can stretch trading dollars using leverage as high as 1:500 and are free to trade on more than 200 total assets. The analytical tools provided by EagleFx helps traders to locate the profitable entry and exit points.

Commission

Most forex brokers charge big commission but Eaglefx charge just $6 per lot per trade, which means that a good majority is paid to the affiliate. At Eaglefx one can use debit card and credit card, Bitcoin and bank transfers to trade. There is no fee cap on any income regardless of the chosen method of doing trading. Traders can  also use these methods for withdrawing the funds. The requests for withdrawal are first reviewed and then paid out within 2 business days. But if traders withdraw through Bitcoin, then it can be done in a few hours. So, Bitcoin is the fastest way to collect or deposit money. 

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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