EDITORIAL VERDICT
The IC verdict
EagleFX is one of the youngest forex brokers, offering same-day withdrawals, low transaction fees and a wide range of assets through MetaTrader 4, but operates without significant regulation.
RATING · 6 factors
The composite breakdown
VERDICT · pros & cons
What's good, what isn't
Pros
- Low minimum deposit of $10
- No deposit or withdrawal fees
- Same-day withdrawal processing
- MetaTrader 4 support with mobile app for iOS and Android
- 24/7 customer support with live chat and ~15 min email response
Cons
- Lacks significant regulatory oversight
- $6 per-trade commission considered high
- Limited educational material for beginners
- Single main account type — no multi-tier choice
ASSETS · supported
What you can trade
BTCETH
FAQ
Common questions
When was EagleFX founded?
EagleFX was founded in 2018, making it one of the youngest forex brokers in the industry.
What is the minimum deposit on EagleFX?
EagleFX has a minimum deposit of $10, which makes it accessible for beginners.
Does EagleFX charge withdrawal fees?
No — EagleFX does not charge deposit or withdrawal fees, though there is a $10 minimum withdrawal via Bitcoin.
How fast are withdrawals at EagleFX?
Withdrawals at EagleFX are processed the same day, unlike many brokers where funds can take up to 7 days.
What trading platform does EagleFX use?
EagleFX supports MetaTrader 4 on desktop, browser and mobile (Android/iOS), with a Quick Trading feature and Tick Chart for fast analysis.
Is EagleFX regulated?
EagleFX operates without significant regulation. It does keep client funds in a segregated bank account but the lack of regulatory oversight is one of its main drawbacks.