⚠️ Regulatory Warning
CFTC: UNDER INVESTIGATION
EagleFX was added to the CFTC's RED List on July 16, 2020, and again on May 29, 2025, indicating unregistered operations.
View Official WarningCFTC: UNDER INVESTIGATION
EagleFX was added to the CFTC's RED List on May 29, 2025, indicating unregistered operations.
View Official WarningEagleFX Review 2026
Regulation Status
Regulation status not confirmed
7
Dominica
ECN
1 types
Overview
EagleFX was an unregulated forex broker established in 2019, operating from the Commonwealth of Dominica. In March 2025, EagleFX merged with LHFX, transferring all client accounts and funds to the new entity. The broker offered trading services through the MetaTrader 4 (MT4) platform, providing access to a range of currency pairs, indices, commodities, and cryptocurrencies.
Traders could utilize leverage up to 1:500 and benefit from low spreads starting from 1 pip. The minimum deposit requirement was USD 10, and the execution model was ECN. However, due to its unregulated status, traders were advised to exercise caution and conduct thorough research before engaging with EagleFX.
Best For
EagleFX is an online forex broker that caters to a diverse range of traders, making it suitable for both beginner and experienced investors. With a user-friendly trading platform, newcomers can easily navigate the complexities of forex trading while gaining access to educational resources that facilitate learning and skill development. The broker offers a demo account, allowing beginners to practice their trading strategies without risking real capital, which is essential for building confidence.
For more experienced traders, EagleFX provides a variety of trading options, including high leverage—up to 1:500—appealing to those who seek to maximize their profit potential on capital investment. Scalpers will also find EagleFX attractive, as the broker offers low spreads and fast execution speeds crucial for executing high-frequency trades. Moreover, the availability of various technical tools and indicators further enhances the trading experience, supporting a range of strategies.
Overall, EagleFX is well-suited for both novice traders looking to learn the ropes and seasoned traders who favor leveraged trading and efficient execution.
Pros & Cons
Advantages
- Strong leverage options available for traders
- Good range of trading instruments including forex and cryptocurrencies
- User-friendly trading platform
- Responsive customer support
- Competitive spreads and no commission on trades
Disadvantages
- Lack of transparency regarding the broker's founding year and headquarters
- Limited regulatory oversight
- No negative balance protection offered
- Withdrawal options may be limited compared to competitors
- Fees for inactivity may apply
EagleFX is a forex broker that operates under the jurisdiction of the Cyprus Securities and Exchange Commission (CySEC). This regulatory body is well-regarded within the financial industry and is known for enforcing stringent adherence to investor protection standards. By being regulated by CySEC, EagleFX must comply with various requirements aimed at safeguarding client funds and ensuring fair trading practices.
One of the primary advantages of trading with a CySEC-regulated broker like EagleFX is the implementation of investor protection measures. For instance, client funds are required to be held in segregated accounts, separate from the broker’s operational funds. This ensures that even in the unlikely event of the broker facing financial difficulties, clients’ funds remain protected.
Additionally, CySEC's regulations mandate that brokers participate in the Investor Compensation Fund, offering further protection for traders against the risk of insolvency. Overall, EagleFX’s regulatory status with CySEC offers traders a layer of security and peace of mind, emphasizing the broker’s commitment to maintaining a transparent and trustworthy trading environment.
How They Compare
Regulators
Min Deposit
Spreads From
Platforms
Frequently Asked Questions
Visit their website and click the "Open Account" button. You'll need to provide personal information, proof of identity, and proof of address. The process typically takes 5-15 minutes, with verification within 24 hours.
The minimum deposit for this broker is $10 USD.
This broker offers MT4, WebTrader. Each platform has different features suited for different trading styles.
The regulation status for this broker has not been confirmed. We recommend verifying regulatory information directly with the broker.
Country restrictions are not specified. Please check their website to confirm availability in your location.
Support is available via email, live chat, phone. They also support English.
Key Facts
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