Expert’s opinion on EagleFX
EagleFX is a fresh brand in an increasingly crowded broker industry, with several distinctive characteristics that make it an appealing alternative for traders.
It was founded in 2019 and offers a broker trading platform that combines tried-and-true methods with the most recent trading trends.
Users may access up to 31 cryptocurrency markets, and around-the-clock customer service staff means that you can direct questions to customer service representatives by live chat, email, or phone.
Traders who have had bad experiences with other brokers would take interest in taking note that this broker claims to be able to handle same-day withdrawals, something most other brokers do not.
If there is money in the market traders can take advantage of exceptionally competitive trading spreads.
Other notable advantages include no fees for deposits and withdrawals of monies (which may be as small as US$10).
The firm is based in the Dominican Republic and is now deciding which regulatory organization to join.
Who is the target market for this broker?
EagleFX does not strive to be a broker platform for “everyman.” Instead, it combines sophisticated software tools with agile functionality to provide a trading method that will appeal to a specific type of trader.
The platform is accessible via a web browser. It features a clean, light-touch layout that should appeal to traders looking for straightforward functionality, responsive customer support, and clear leverage conditions.
We have yet to meet a trader who does not appreciate zero fees on cash deposits and withdrawals. Thus this feature of eaglefx broker review will appeal to everyone. Some people can have their interests in the idea that withdrawals can happen on the same day.
Trading is carried out using Meta Trader MT4. A system with a proven track record and industry-leading software tools and indicators. Traders should be aware that the MT4 suite’s charting, execution, and analysis tools are well-known and provide all necessary capabilities in one spot.
Traders wishing to trade forex and cryptocurrency will discover that EagleFX has many marketplaces to choose from. There are 53 FX pairings and 31 cryptocurrency marketplaces to choose from. Trading spreads are narrow, and the MT4 execution GUI is as solid as they get.
EagleFX offers cold storage for cryptocurrency deposits, which may appeal to people more active in cryptocurrency.
Three Parts To Protect Clients’ Money
A cold storage system for bitcoins
They employ cold storage as part of their commitment to preserving their clients’ assets. This implies that the customer’s money is not store on their web server or any other computer but on an external storage device that is secure against hackers.
The only thing we keep on our server is the amount we expect to require to complete your withdrawal requests swiftly. Everything else is lock away to protect it from prying eyes and hands.
All funds are completely hedge on the world’s leading exchanges and are never affect by fluctuations in Bitcoin prices. They guarantee that the safety and security of your deposited assets will always be their top priority.
Plan for Risk Management
A detail risk assessment is part of their day-to-day activities. The purpose is to track and assess the risks associate with trading services. This permits people to keep ahead of prospective issues and avert them before they arise.
The commitment to fast and easy deposit and withdrawal procedures stems from its partnerships with the best payment processors.
They’ve built strong business relationships with some of the world’s most prestigious banks and are constantly improving our payment systems.