Forex Eagle Trades Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

Eagle Trades Trading Conditions

Registered Region Australia

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@eagle-traders.com

Contact Number N/A

Website eagle-traders.com

Balanced Review

Pros & Cons

Pros

Diverse selection of account types: CREST, SELECTIVE, ESSENTIAL, and BASIC
Access to popular trading platforms: MT4 and MT5
Wide range of trading instruments: Forex, commodities, indices, stocks, and cryptocurrencies
Mobile trading support through dedicated apps
Ability to open accounts with varying minimum deposits

Cons

Not regulated by any financial authorities
Limited customer support available only via email
Ambiguity regarding spreads and commission structures
High minimum deposits for advanced account types
Potential withdrawal and inactivity fees

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Eagle Trades	DBG Markets	IC Markets Global	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Australia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Eagle Trades Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
CREST	High-volume traders	Access to premium features and services	Minimum deposit: $500,000 to unlimited
SELECTIVE	Traders with substantial investment capital	Advanced trading capabilities and benefits	Minimum deposit: $50,000 to $499,900
ESSENTIAL	Moderate investors	Access to essential trading tools and resources	Minimum deposit: $10,000 to $49,900
BASIC	Entry-level traders	Starting point for traders	Minimum deposit: $600 to $9,999

Account Opening Process

To open an account with Eagle Trades, traders must follow a series of steps that typically include the submission of personal, employment, and financial information. Identity verification is essential and requires documentation such as a valid ID and proof of address. The process is designed to ensure security and authenticity. Additionally, traders should note that there may be flexibility in account types, allowing for upgrades to a professional account in the future as trading needs evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	Varies	Tight spreads for major currency pairs
CFDs (Stocks, Indices)	Varies	Varies	Variable depending on the asset class
Cryptocurrencies	Varies	Varies	Dependent on market conditions

Other Fees

Traders should be aware of several additional fees that may apply when trading with Eagle Trades. These include potential deposit and withdrawal fees, inactivity fees for dormant accounts, and any applicable platform usage fees. Overnight interest, or swap rates, may apply to certain positions held overnight, and currency conversion fees could be incurred when trading in different currencies. It’s important for traders to consider these costs as they can impact overall trading profitability.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Eagle Trades User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

Sydney

★ ★ ★ ★ ★

I had high hopes for Eagle Trades, but the lack of customer support has been a major issue. I tried to withdraw my funds and faced delays without any clear communication. It’s frustrating to deal with an unregulated broker where you can’t get timely help.

Emily Johnson

Melbourne

★ ★ ★ ★ ★

Eagle Trades offers a solid trading platform with a variety of instruments. I appreciate the features of MT4 and MT5, which have made my trading experience smoother. However, I wish they had better support options beyond just email.

Michael Lee

Brisbane

★ ★ ★ ★ ★

I regret opening an account with Eagle Trades. My withdrawal request has been pending for weeks, and there is no way to get a quick response from their support team. The lack of regulation makes me very uneasy about the safety of my funds.

Sarah Brown

Perth

★ ★ ★ ★ ★

Overall, my experience with Eagle Trades has been positive. The trading platform is user-friendly, and I have been able to execute trades efficiently. While I did encounter some minor issues with support, the trading features make it worthwhile.

Australia Market