EagleFX Minimum Deposit for 2024: Guides, Deposit Methods, and More !

Forex traders always wish to trade with brokers offering favorable trading conditions, affordable minimum deposits, and a trusted reputation within the trading community. Even sometimes traders settle for offshore forex brokers to enjoy unrestricted free trading conditions. Eaglefx is an online offshore forex and CFD broker that offers a wide range of trading instruments, including Forex, CFDs, Indices, Stocks, and Crypto CFDs. 

If you consider using Eaglefx as your broker, you may be wondering about the minimum deposit requirements and deposit conditions of Eaglefx. In this guide, we will provide you with a comprehensive overview of Eaglefx’s minimum deposit requirements, deposit process, and other important information you need to know before you start your trading journey. 

What is the minimum deposit for Eaglefx?

 The minimum deposit is between $10 and $50. The minimum deposit of Bitcoin is $10, whereas the minimum deposit of Instacoin is $50.EagleFX currently does not accept other deposit methods. 

How to Fund Your Eaglefx Account: A step by Step Guide

Step 1: Log in to Your Eaglefx Account

To fund your Eaglefx account, you’ll first need to create your Eaglefx account or log in to your existing account. Open your preferred web browser and go to the official Eaglefx website. Then visit the login section. You will find it in the Menu bar. Enter your registered username and password in the provided fields and click on the “Log In” to access your account dashboard.

Step 2: Go to the Deposit Section

Once logged in, go to the deposit section within your Eaglefx account. This section is typically located in the main menu or sidebar of the platform. Look for options labeled as “Deposit,” “Funding,” or similar terms. Click on this section to proceed to the next step.

Step 3: Choose Deposit Methods

In the deposit section, you’ll find available deposit methods for funding your Eaglefx account. These methods may include direct Bitcoin deposit, Bitcoin via Instacoin, and wire transfer via Instacoin. Eaglefx currently does not offer any other deposit methods other than Bitcoin. 

Step 4: Enter Payment Details

Once you’ve selected your preferred deposit method, you’ll need to enter the relevant payment details to start the transaction. Depending on the chosen method, this could involve entering your Bitcoin wallet address for direct Bitcoin deposits, following instructions provided by Instacoin for Bitcoin transactions, or providing bank details for wire transfers via Instacoin. Ensure that you accurately enter all required information to prevent any delays or errors in the funding process.

Step 5: Complete Process

After entering the necessary payment details, carefully review the information to ensure accuracy. Once satisfied, proceed to complete the deposit process by following the instructions provided on the platform. This may involve confirming the transaction, verifying any security measures, and completing the deposit. Upon successful completion, the funds should be credited to your Eaglefx trading account which allows you to start trading on the platform.

How to Withdraw Funds from Eaglefx

To withdraw funds from Eaglefx, follow these steps:

1. Log in to your Eaglefx account.
2. Go to the “Withdraw Funds” or “Withdrawal” section.
3. Select your preferred withdrawal method (e.g., Bitcoin, wire transfer).
4. Enter the amount you wish to withdraw.
5. Follow any additional on-screen instructions for your chosen withdrawal method.
6. Confirm the withdrawal request.
7. Wait for the withdrawal to be processed by Eaglefx.

Frequently Asked Questions (FAQs)

What is Eaglefx?

Though EagleFX is unregulated, it asserts that clients’ Bitcoin deposits are safely stored in a cold storage location. Bitcoin is the primary payment option used by EagleFX. You can start trading with just $10 on its MT4 platforms and enjoy deep liquidity, tight spreads, and speedy STP executions.

What is the Maximum Deposit of Eaglefx?

Eaglefx does not have a maximum deposit limit. You may deposit as much as you want.

What currency can I deposit into Eaglefx?

Eaglefx accepts only Bitcoin deposits. You may deposit directly with cryptocurrencies or purchase cryptocurrency from third-party websites like Coinbase and make deposits. However, you can not deposit using any other methods.

What is the maximum leverage of EagleFX?

The maximum leverage of EagleFX is between 20:1 and 500:1. The leverage may vary based on tradable assets. Here is the list of maximum leverage on EagleFX 

• Forex: 500:1 
• Indices CFDs: 200:1
• Stocks CFDs: 20:1 
• Energy CFDs: 100:1 
• Crypto CFDs: 100:1 

Note: The Maximum Leverage of Eaglefx is 500:1 which means that you can trade up to 500 times the equivalent amount of base currency you have in your account. 

How much does it cost to deposit in Eaglefx?

Eaglefx does not charge any deposit fees. However, the blockchain network might charge a small fee.

What is the Minimum trade size of Eaglefx?

The Minimum trade size of Eaglefx is 0.01. A lot is a standard contract size in the currency market. It equals 100,000 units of a base currency, so 0.01 lots account for 1000 units of the base currency

How long does it take to deposit on Eaglefx?

Deposits are usually instant. However, sometimes it may take  1 to 3 hours, or when you have 3-6 Blockchain confirmations completed.

How much should I deposit in my Eaglefx account?

You may deposit any amount you want. If you are a beginner, you may start with as little as $100 or less. As you gain knowledge, you may deposit your desired amount and start trading.

What trading platform does Eaglefx use?

Eaglefx uses MT4, Web trading platforms. Currently, the broker does not have MT5 or any other trading platforms. 

Final Verdict :

Offshore forex brokers usually accept only crypto deposits and withdrawals. So it is always a challenge for traders to deposit on those platforms.  Like other offshore brokers, Eaglefx also accepts only crypto deposits and withdrawals. The broker does not charge any fees for fund deposits. Deposits are usually instant; but, sometimes it it may take  1 to 3 hours or when you have 3-6 Blockchain confirmations completed.

If you are looking for offshore forex brokers for unrestricted trading facilities, Eaglefx can be a good option. However, offshore forex brokers are unregulated and unauthorized. Therefore, trading with these brokers always carries high risks.

Disclaimer: Trading forex and CFDs comes with the risk of losing your trading capital. Moreover, trading with offshore forex  brokers like Eaglefx puts your funds at higher risks