EagleFX Fees and Spreads

EagleFX Fees Spreads and Commission varies according to the account type which the trader is using. EagleFX spread list starts from 0.1 pips.

EagleFX at a Glance

Overall Rating

• 4.7/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 50 / ZAR 894

Regulators

No Regulation

Trading Platform

MT4

Crypto

Yes

Total Pairs

100+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our EagleFX Fees Spreads and Commission below.

EagleFX  Fees and spreads – 10 key points quick overview:

1. EagleFX at a Glance
2. EagleFX  Fees and spreads – 10 key points quick overview:
3. EagleFX Fees and Spreads
4. EagleFX Additional Trading Fees
5. EagleFX Broker Fees
6. EagleFX Customer Reviews
7. EagleFX Current Popularity Trend
8. EagleFX Pros and Cons
9. Conclusion
10. Frequently Asked Questions

Here is our overview of the EagleFX Fees Spreads and Commissions as well as the features that are offered, which could affect your trading.

EagleFX Fees and Spreads

EagleFX’s variable spreads start from 0.1 pips on EUR/USD.

The spread list offered by EagleFX is not transparent and not much information is forthcoming from the broker’s website.

Typical spreads on the EUR/USD are 0.7 pips and, on the NASDAQ, they are 1.12.

Commissions charged by EagleFX are $ 6/R88 per lot round turn. Price spreads vary throughout the day depending on factors such as available liquidity (supply and demand), market forces, volatility, and the trading session.

The Margin Rules for EagleFX are as follows:

Margin Call at a 100% Margin Level

Stop Out at a 70% Margin Level

EagleFX Additional Trading Fees

When trading financial instruments such as forex, traders can often expect that overnight, or swap fees will be charged when positions are held for longer than a trading day.

It is not clear on EagleFX’s website if short positions or long positions that are held overnight will be charged with swaps. For more information on the swaps that traders can expect, traders can contact customer services.

However, EagleFX does make provision for an Islamic Account for Muslim traders who follow the Sharia Law and are thus prohibited from earning or paying interest where the holding of open positions is concerned.

The broker does not charge any inactivity fees, but the limited number of available deposit currencies will likely mean that traders will incur conversion fees when withdrawing their profits.

EagleFX does not offer spread betting and thus spread betting fees do not apply.

EagleFX Broker Fees

EagleFX does not charge deposit fees or withdrawal fees and will cover all bank processing charges.

Traders also need to ensure that they verify additional charges which may be waived by their financial institution. In addition, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.

EagleFX Customer Reviews

Been with EagleFX for a while now

Been with EagleFX for a while now, they’ve got good leverage of up to 1:500 which is perfect for me. Customer support is always there and very polite. And 24/7 crypto trading is a big plus.

Perfect broker

I’m really glad I found EagleFX. It’s a pleasure to use and also when you need assistance or anything the client service is the best and most kind I’ve ever witnessed. Wouldn’t want anything different than EagleFX, thanks!

I have been using EagleFX for last year…

I have been using EagleFX for last year now in my trading journey

Overall after having not-so-good experiences with previous brokers can say the company is one of the best out there

Very user-friendly portal, with smooth payment, and deposit processes as well as great leverage and fees which is vital for trading

Customer service and support were very good too – had no issues getting anything resolved within 48 hours max.

Overall Rating

• 4.7/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 50 / ZAR 894

Regulators

No Regulation

Trading Platform

MT4

Crypto

Yes

Total Pairs

100+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

EagleFX Pros and Cons

Conclusion

EagleFX Fees Spreads and Commission varies according to the account type which the trader is using. EagleFX spread list starts from 0.1 pips.

You might also like: EagleFX Review

You might also like: EagleFX Account Types Overview

You might also like: EagleFX Demo Account – Step by Step

You might also like: EagleFX Islamic Account Overview

You might also like: EagleFX Minimum Deposit

You might also like: EagleFX Sign-up Bonus

Frequently Asked Questions

How many instruments can I trade with EagleFX?

You can trade the following financial instruments:

• Forex – 55 currency pairs, including majors, minors, and exotics.
• Stocks – 64 global companies including Netflix and Amazon Crude oil.
• Indices – 11 well-known indices, such as the FTSE (FTSE100) and NASDAQ (NAS100).
• Commodities – Precious metals and energies, including gold, silver, and oil.
• Cryptocurrencies – 38 pairs available, including Bitcoin, Ethereum, and Ripple.

Which platforms are supported by EagleFX?

MetaTrader 4.

Does EagleFX offer leverage?

Yes. EagleFX offers maximum leverage of up to 1: 500 for forex and metals. Indices and energies can be leveraged up to 1: 200, and cryptocurrencies are available up to a maximum leverage of 1: 100.

What spreads can I expect with EagleFX?

You can expect variable spreads that start from 0.1 pips. Typical spreads on the EUR/USD are 0.7 pips and, on the NASDAQ, they are 1.12.

Does EagleFX charge commission?

Yes. Eagle FX does charge commissions which is set at $ 6 per lot round turn.

Is EagleFX regulated?

No. EagleFX is an unregulated broker based in Dominica.

Is EagleFX a recommended forex trading broker for experts and beginners?

Yes. EagleFX caters to both beginners and expert traders.

What is the overall rating out of 10 for EagleFX?

4/10.