EagleFX Review 2026
Established in 2019
•
Dominica
• FSA Regulated
EagleFX offers forex and CFD trading services with a 3.4/5 rating. Regulated by FSA, this broker offers spreads from 0.6 pips on EUR/USD with a minimum deposit of $10. Trade 110+ instruments including forex, CFDs, and more.
📊 EagleFX Overview
EagleFX (EagleFX Ltd) is a well-established broker founded in 2019 headquartered in Roseau, Dominica. The broker operates under the supervision of FSA .
With access to 110+ tradable instruments including 55 forex pairs , 30 cryptocurrencies , and various indices, EagleFX caters to diverse trading strategies.
| Legal Name | EagleFX Ltd |
|---|---|
| Founded | 2019 |
| Headquarters |
Roseau, Dominica
|
| Primary Regulation | FSA (Tier 3 - Basic) |
| Instruments | 110+ assets |
| Min Deposit | $10 |
| Max Leverage | 1:500 |
📖 EagleFX — In-Depth Introduction
Founded in 2019, EagleFX has spent the past 7 years building its trading infrastructure and client base. While EagleFX is regulated by FSA, this offshore jurisdiction offers more limited investor protections compared to tier-1 regulators like the FCA or ASIC. EagleFX focuses on accessibility, requiring just $10 to open a live account—making it suitable for beginners testing the waters.
Company Background
EagleFX (legally EagleFX Ltd) has been operating in the financial services industry for 7 years. Headquartered in Roseau, Dominica, the broker continues to build its reputation in the competitive online trading space.
The broker provides access to 110+ tradable instruments.
💸 EagleFX Fees — Complete Cost Analysis
Trading costs at EagleFX are reasonable, with 0.6 pip spreads on EUR/USD representing fair value in the current market. There are no commission fees on EagleFX's standard accounts. All trading costs are embedded in the spread, making it straightforward to calculate your expenses. Consider this cost analysis: with 0.6 pip spreads, each standard lot trade on EUR/USD costs $6 in spread. An average retail trader making 50 trades monthly would spend approximately $300 on spreads.
Trading Costs Breakdown
💡 Cost Calculator: EagleFX
Non-Trading Fees
| Fee Type | EagleFX | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is EagleFX Safe? — Complete Security Analysis
EagleFX's 45/100 safety rating is below our recommended threshold. We advise thorough due diligence before committing significant funds. Fund protection at EagleFX may be more limited than tier-1 regulated brokers. We recommend not depositing more than you can afford to lose.
Regulatory Framework
Limited investor protection. Exercise caution and only invest what you can afford to lose.
Security Features Checklist
Understanding the Trust Score
Our 45/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use EagleFX?
✅ Best For
- Beginners will appreciate EagleFX's low $10 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
❌ May Not Suit
- Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.
Looking for alternatives?
📝 The Bottom Line on EagleFX
EagleFX is a decent option worth considering with a 3.4/5 rating.
📈 EagleFX Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how EagleFX performed in our rigorous testing:
EagleFX may not suit all traders. Consider alternatives.
💰 EagleFX Fees & Spreads
Understanding trading costs is crucial for profitability. EagleFX uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 0.6 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.1 | 0.6 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | Not available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with EagleFX:
- Spread Cost: 0.6 pips × $10/pip = $6.0
- Commission: $0
- Total Cost: $6.0 per lot
🛡️ EagleFX Regulation & Safety
EagleFX is regulated by FSA, a Tier 3 - Basic regulatory authority. While regulated, traders should be aware that offshore regulation may offer less protection than tier-1 jurisdictions.
📜 Regulatory Licenses
- FSA Dominica
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 45/100
Lower Trust: Exercise caution and verify all regulatory claims independently.
🖥️ EagleFX Trading Platforms
EagleFX offers 2 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✗ | ✗ |
| Copy Trading | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✗ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 EagleFX Tradable Instruments
EagleFX offers access to 110+ tradable instruments across multiple asset classes. This includes 55 forex pairs , 30 cryptocurrencies .
👤 EagleFX Account Types
EagleFX offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice.
Practice with virtual funds
Not available
Not available
Not available
Not available
💳 EagleFX Deposits & Withdrawals
EagleFX requires a minimum deposit of $10 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ EagleFX Pros & Cons
✅ Pros
- Competitive spreads with average 0.6 pips on EUR/USD
- Regulated by FSA with investor protection
- Free demo account available for practice
- Low minimum deposit of just $10 makes it accessible
- Negative balance protection for retail traders
❌ Cons
- Offshore regulation offers less protection than tier-1 jurisdictions
- No copy trading feature
- Limited educational resources for advanced traders
📚 EagleFX Education & Research
EagleFX's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 EagleFX Customer Support
EagleFX offers customer support to assist traders with their queries.
⭐ EagleFX User Reviews
📝 User reviews will be displayed here. Share your experience with EagleFX!
Write a Review🏆 EagleFX — Our Verdict
EagleFX may not be ideal for most traders. With FSA regulation, 0.6 pips EUR/USD spreads, and a $10 minimum deposit, this broker is particularly accessible for beginners .
Best for: Beginners with limited capital
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ EagleFX — Frequently Asked Questions
Is EagleFX a safe and regulated broker?
Yes, EagleFX is regulated by FSA, which is a Tier 3 - Basic regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at EagleFX?
The minimum deposit at EagleFX is $10. This is considered low and accessible for beginners.
What trading platforms does EagleFX offer?
EagleFX offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are EagleFX's spreads on EUR/USD?
EagleFX offers EUR/USD spreads from 0.1 pips with an average of 0.6 pips. The broker uses Variable spreads.
How long do withdrawals take at EagleFX?
Withdrawal processing times at EagleFX depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does EagleFX offer a demo account?
Yes, EagleFX offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is EagleFX's maximum leverage?
EagleFX offers maximum leverage of 1:500. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:500 may be available
Higher leverage increases both potential profits and potential losses.
Can I use EagleFX in ?
EagleFX accepts traders from . The broker operates under FSA regulation. Always verify current availability and applicable regulations on the broker's website.
Does EagleFX offer Islamic (swap-free) accounts?
EagleFX does not currently advertise Islamic accounts. If you require swap-free trading, we recommend contacting them directly or considering an alternative broker.
What instruments can I trade with EagleFX?
EagleFX offers access to 110+ tradable instruments:
- 55 Forex currency pairs
- 30 Cryptocurrencies
- 8 Index CFDs
- 6 Commodities
