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/10

Eginets

Vanuatu|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Chinese market only|High potential risk|

https://www.eginets.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
EagleInternational-Live MT4
Server Location Hong Kong

Contact

info@eginets.com
https://www.eginets.com
https://www.facebook.com/Eginets-1705594649660076/
https://twitter.com/hashtag/eginets

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

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Company Name

EAGLE INTERNATIONAL NETWORKS Ltd.

Company Abbreviation

Eginets

Platform registered country and region

Vanuatu

Company website
Twitter
Facebook

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Eginets · Company Summary

General Information & Regulation

Eginets is a Belize registered STP forex broker that offers investors three trading accounts with low minimum deposit requirements, which seems to be superior to most dealers. Eginets focuses on Muslim markets, such as Malaysia and Indonesia, and is currently an unregulated brokerage firm.

Market Instruments

Eginets offers investors a series of financial instruments, including forex currency pairs, indices, CFDs, precious metals, cryptocurrencies, and commodities.

Minimum Deposit

There are three different trading accounts available on the Eginets platform: the Fun Account (minimum deposit of $50), the Pro Account (minimum deposit of $100), and the Zero Account (minimum deposit of $1000).

Eginets Leverage

Trading leverage vary depending on various trading accounts. The maximum trading leverage is up to 1:400 for the Fun account, 1:200 for the Pro account, and 1:100 for the Zero account.

Spreads & Commissions

Spreads start at 1.6 pips for Eginets Fun accounts and 1.1 pips for Pro accounts. Spreads on zero spread accounts start at 0.6 pips. Additionally, Eginets charges traders a commission of $7 per lot.

Trading Platform

Eginets offers investors the market-leading MT4 trading platform, which has proven itself over the years and is sought after by countless traders. MT4 is perfect for Forex traders because of its powerful charting features, many custom indicators (and other tools), and various automated trading systems or trading programs called EAs. The MT4 trading platform supports mobile versions. iPhone and Android versions so that traders can trade anywhere, anytime.

Deposit & withdrawal

Finally, Eginets supports traders to deposit and withdraw funds from their investment accounts via wire transfer, credit card, PayPal, etc. The payment options offered by Eginets are limited but at least include the popular e-wallet payments.

Pros & Cons of Eginets

Eginets Disadvantages Include:

1. Offshore brokers & no regulation

2. Spreads in demo accounts not consistent with the official website

3. Limited payment options

User Reviews

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Comments

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扬子.E
more than one year
I recommend never trading with an unregulated or even regulated offshore broker, as there are many risks in the forex industry. For example, this Eginets broker does not have any regulations, so it will be dangerous to operate with it.
2022-12-01 15:43
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扬帆-起航
more than one year
Eginets is an unregulated offshore broker that seems to only serve the Chinese market, but whatever, their website is inaccessible nowadays.
2022-11-29 10:06
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珊姐&外汇
more than one year
Hate this platform! They cheated me of $800, and until now, I cannot get that money back... website cannot be accessed, customer support cannot be reached… Guys, stay away from this platform, really.
2022-11-28 16:41
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