EagleFX shows up in records and it raised a few questions for me

[JeffBergman]

The crypto deposit thing with EagleFX seems to be a big factor. Some traders like it because it is fast and global, but it also means there are fewer payment protections compared to banks or cards.

 

[MalcolmBB]

The crypto deposit thing with EagleFX seems to be a big factor. Some traders like it because it is fast and global, but it also means there are fewer payment protections compared to banks or cards.

Yeah that seems to be the common theme.

People are attracted to EagleFX because of leverage and crypto funding, but the offshore setup is what makes many traders pause and research more before jumping in.

 

[AndrewOfFuentes]

While studying this company and visiting some customer reviews of EagleFX profile from the 1 star reviews section of EagleFX on Trustpilot, and I thought it would be useful to add that here for people following this thread.
For context, the profile currently shows around 231 reviews with a TrustScore around 3.5 out of 5, with about 17 percent of the reviews rated one star.

Some of the screenshots show complaints where reviewers say they experienced withdrawal delays or unexpected fees while dealing with EagleFX. One reviewer wrote that they had been waiting weeks to receive profits and were repeatedly asked to pay additional charges before the funds could be released.




Sharing this here for awareness since we were already discussing EagleFX earlier.

 

[RachelChung_9]

While studying this company and visiting some customer reviews of EagleFX profile from the 1 star reviews section of EagleFX on Trustpilot, and I thought it would be useful to add that here for people following this thread.
For context, the profile currently shows around 231 reviews with a TrustScore around 3.5 out of 5, with about 17 percent of the reviews rated one star.

Some of the screenshots show complaints where reviewers say they experienced withdrawal delays or unexpected fees while dealing with EagleFX. One reviewer wrote that they had been waiting weeks to receive profits and were repeatedly asked to pay additional charges before the funds could be released.


View attachment 1487 View attachment 1488 View attachment 1489

Sharing this here for awareness since we were already discussing EagleFX earlier.

Those reviews are really serious !!
One of the Trustpilot reviews mentioned someone claiming they were asked to pay multiple extra charges like tax or banking related fees before receiving profits. That reviewer said the requests kept increasing during the process. Of course these are just individual user reviews, but when you see several similar complaints it’s something people usually start looking into more carefully.

 

[KennethPerry8]

One of those review screenshot showed someone saying their account deposit refund had processing fees and other deductions when they tried to close the account.

Hard to know the full context behind each situation though.

 

[JefferyPrestonX9]

One of those review screenshot showed someone saying their account deposit refund had processing fees and other deductions when they tried to close the account.

Hard to know the full context behind each situation though.

That’s the tricky thing with review platforms. Some people report bad experiences while others say they had no problems at all.
For example there are also positive Trustpilot reviews where traders claim they have used EagleFX for years and were able to withdraw funds without issues. So the feedback seems pretty mixed depending on the person.

 

[Mary.Hoeppner]

That’s the tricky thing with review platforms. Some people report bad experiences while others say they had no problems at all.
For example there are also positive Trustpilot reviews where traders claim they have used EagleFX for years and were able to withdraw funds without issues. So the feedback seems pretty mixed depending on the person.

Exactly.
When looking at something like EagleFX I usually try to read both the positive and negative reviews instead of focusing on just one side. Review sites can show patterns over time, but each case may have different circumstances behind it.

 

[MichelleDavy4]

While studying this company and visiting some customer reviews of EagleFX profile from the 1 star reviews section of EagleFX on Trustpilot, and I thought it would be useful to add that here for people following this thread.
For context, the profile currently shows around 231 reviews with a TrustScore around 3.5 out of 5, with about 17 percent of the reviews rated one star.

Some of the screenshots show complaints where reviewers say they experienced withdrawal delays or unexpected fees while dealing with EagleFX. One reviewer wrote that they had been waiting weeks to receive profits and were repeatedly asked to pay additional charges before the funds could be released.


View attachment 1487 View attachment 1488 View attachment 1489

Sharing this here for awareness since we were already discussing EagleFX earlier.

Those screenshots definitely add context though.
At the very least they show that some traders have raised concerns publicly about their experiences with EagleFX.

 

[AndrewOfFuentes]

Those screenshots definitely add context though.
At the very least they show that some traders have raised concerns publicly about their experiences with EagleFX.

Yeah that was my thought too.
It will be better if anyone is researching EagleFX it probably makes sense to look through the reviews themselves and see the range of experiences people are reporting.

 

[NinthPortAndrew]

Eaglefx not paying profits
I am battling since 23-12-2023 to get my profits paid out from eaglefx. Until today I still have not received my profits. I have paid to date R170 000 give or take a few thousand.
Things that happened during this ordeal is as follows:
1. First they ask for taxes money. You pay.
2. They ask for release fund payment. You pay.
3. Now they ask for banking fees. You pay.
4. Now again release fees.
And so they keep on asking for money.
Then they pay but they use BETWAY CODES so the money don't reach your bank account and here is the kicker.
THEY KNOW WHAT IS HAPPENING.
THERE BANKER MR. JOHAN SMAL IS THE BIG CULPRIT IN THIS.
Eaglefx is doing nothing to rectify the situation.
Now they want me to pay so called taxes for them to be able to move my profits to another banker.
So I am warning anybody that is dealing or going to deal with eaglefx to think carefully before you do so.
EAGLE FX IS SCAMMERS AND FRAUDSTERS THAT ONLY DEFRAUD PEOPLE OUT OF THERE MONEY. That is why they only work with immediate payments is to change the money to crypto the minute you pay them.
BEVERY AWARE OF EAGEFX. THEY ARE THIEFS AND SCAMMERS AT THE SAME TIME.

 

[RachelChung_9]

Eaglefx not paying profits
I am battling since 23-12-2023 to get my profits paid out from eaglefx. Until today I still have not received my profits. I have paid to date R170 000 give or take a few thousand.
Things that happened during this ordeal is as follows:
1. First they ask for taxes money. You pay.
2. They ask for release fund payment. You pay.
3. Now they ask for banking fees. You pay.
4. Now again release fees.
And so they keep on asking for money.
Then they pay but they use BETWAY CODES so the money don't reach your bank account and here is the kicker.
THEY KNOW WHAT IS HAPPENING.
THERE BANKER MR. JOHAN SMAL IS THE BIG CULPRIT IN THIS.
Eaglefx is doing nothing to rectify the situation.
Now they want me to pay so called taxes for them to be able to move my profits to another banker.
So I am warning anybody that is dealing or going to deal with eaglefx to think carefully before you do so.
EAGLE FX IS SCAMMERS AND FRAUDSTERS THAT ONLY DEFRAUD PEOPLE OUT OF THERE MONEY. That is why they only work with immediate payments is to change the money to crypto the minute you pay them.
BEVERY AWARE OF EAGEFX. THEY ARE THIEFS AND SCAMMERS AT THE SAME TIME.

Sorry to hear you’re dealing with such a stressful situation. Waiting over a month for a withdrawal would make anyone concerned. Just to be clear though, everything you described here sounds like your personal experience, and situations like this usually need more details before anyone can fully understand what happened.

When it comes to EagleFX or any broker, requests for multiple additional payments like taxes or release fees are something people should question carefully. Taxes are normally handled through official government processes, not through direct payments requested by a broker. It might be a good idea to document all communication and payment records so you have a clear timeline of what occurred.

 

[KennethPerry8]

Eaglefx not paying profits
I am battling since 23-12-2023 to get my profits paid out from eaglefx. Until today I still have not received my profits. I have paid to date R170 000 give or take a few thousand.
Things that happened during this ordeal is as follows:
1. First they ask for taxes money. You pay.
2. They ask for release fund payment. You pay.
3. Now they ask for banking fees. You pay.
4. Now again release fees.
And so they keep on asking for money.
Then they pay but they use BETWAY CODES so the money don't reach your bank account and here is the kicker.
THEY KNOW WHAT IS HAPPENING.
THERE BANKER MR. JOHAN SMAL IS THE BIG CULPRIT IN THIS.
Eaglefx is doing nothing to rectify the situation.
Now they want me to pay so called taxes for them to be able to move my profits to another banker.
So I am warning anybody that is dealing or going to deal with eaglefx to think carefully before you do so.
EAGLE FX IS SCAMMERS AND FRAUDSTERS THAT ONLY DEFRAUD PEOPLE OUT OF THERE MONEY. That is why they only work with immediate payments is to change the money to crypto the minute you pay them.
BEVERY AWARE OF EAGEFX. THEY ARE THIEFS AND SCAMMERS AT THE SAME TIME.

That sounds really frustrating, especially after waiting so long. If what you’re describing happened exactly that way, it would definitely raise a lot of questions.
Before jumping to conclusions though, it might help if you could share a bit more context about how the payments were requested and what communication you received from EagleFX during that time. Sometimes seeing the emails or messages gives a clearer picture of what was actually asked.

 

[Mary.Hoeppner]

Eaglefx not paying profits
I am battling since 23-12-2023 to get my profits paid out from eaglefx. Until today I still have not received my profits. I have paid to date R170 000 give or take a few thousand.
Things that happened during this ordeal is as follows:
1. First they ask for taxes money. You pay.
2. They ask for release fund payment. You pay.
3. Now they ask for banking fees. You pay.
4. Now again release fees.
And so they keep on asking for money.
Then they pay but they use BETWAY CODES so the money don't reach your bank account and here is the kicker.
THEY KNOW WHAT IS HAPPENING.
THERE BANKER MR. JOHAN SMAL IS THE BIG CULPRIT IN THIS.
Eaglefx is doing nothing to rectify the situation.
Now they want me to pay so called taxes for them to be able to move my profits to another banker.
So I am warning anybody that is dealing or going to deal with eaglefx to think carefully before you do so.
EAGLE FX IS SCAMMERS AND FRAUDSTERS THAT ONLY DEFRAUD PEOPLE OUT OF THERE MONEY. That is why they only work with immediate payments is to change the money to crypto the minute you pay them.
BEVERY AWARE OF EAGEFX. THEY ARE THIEFS AND SCAMMERS AT THE SAME TIME.

One thing that stood out to me in your post is the part about paying several different fees. In most normal trading setups, brokers don’t typically require separate tax payments or release payments before sending profits. Taxes are usually handled by the trader through their own tax filings depending on their country. So if someone is being asked to send tax money directly to a broker, that’s definitely something worth double checking carefully.

It might also be worth contacting the platform’s official support channels again and asking for written clarification.

 

[JefferyPrestonX9]

That’s a rough situation.

Eaglefx not paying profits
I am battling since 23-12-2023 to get my profits paid out from eaglefx. Until today I still have not received my profits. I have paid to date R170 000 give or take a few thousand.
Things that happened during this ordeal is as follows:
1. First they ask for taxes money. You pay.
2. They ask for release fund payment. You pay.
3. Now they ask for banking fees. You pay.
4. Now again release fees.
And so they keep on asking for money.
Then they pay but they use BETWAY CODES so the money don't reach your bank account and here is the kicker.
THEY KNOW WHAT IS HAPPENING.
THERE BANKER MR. JOHAN SMAL IS THE BIG CULPRIT IN THIS.
Eaglefx is doing nothing to rectify the situation.
Now they want me to pay so called taxes for them to be able to move my profits to another banker.
So I am warning anybody that is dealing or going to deal with eaglefx to think carefully before you do so.
EAGLE FX IS SCAMMERS AND FRAUDSTERS THAT ONLY DEFRAUD PEOPLE OUT OF THERE MONEY. That is why they only work with immediate payments is to change the money to crypto the minute you pay them.
BEVERY AWARE OF EAGEFX. THEY ARE THIEFS AND SCAMMERS AT THE SAME TIME.

If possible, keep all your transaction receipts and chat messages related to EagleFX. Sometimes when people organize the timeline it becomes easier to see exactly what happened and what steps might be possible next.
Also be careful about sending any more payments until things are clearly explained.

 

[MichelleDavy4]

Eaglefx not paying profits
I am battling since 23-12-2023 to get my profits paid out from eaglefx. Until today I still have not received my profits. I have paid to date R170 000 give or take a few thousand.
Things that happened during this ordeal is as follows:
1. First they ask for taxes money. You pay.
2. They ask for release fund payment. You pay.
3. Now they ask for banking fees. You pay.
4. Now again release fees.
And so they keep on asking for money.
Then they pay but they use BETWAY CODES so the money don't reach your bank account and here is the kicker.
THEY KNOW WHAT IS HAPPENING.
THERE BANKER MR. JOHAN SMAL IS THE BIG CULPRIT IN THIS.
Eaglefx is doing nothing to rectify the situation.
Now they want me to pay so called taxes for them to be able to move my profits to another banker.
So I am warning anybody that is dealing or going to deal with eaglefx to think carefully before you do so.
EAGLE FX IS SCAMMERS AND FRAUDSTERS THAT ONLY DEFRAUD PEOPLE OUT OF THERE MONEY. That is why they only work with immediate payments is to change the money to crypto the minute you pay them.
BEVERY AWARE OF EAGEFX. THEY ARE THIEFS AND SCAMMERS AT THE SAME TIME.

Thanks for sharing your experience here. Stories like this are exactly why people follow discussions about EagleFX and similar platforms. If you’re comfortable doing so, it might help the community if you post screenshots of the payment requests or messages you received. That way people can better understand whether those requests were coming directly from the platform or possibly from someone impersonating support. Either way, it’s good that you’re bringing awareness to the situation so others can research carefully before making decisions.

 

[MalcolmBB]

I found another detailed profile about EagleFX and thought it was worth sharing with everyone following this discussion.

Detailed Information About "EagleFX" - BrokersView

Is EagleFX a Scam or Not?Detailed EagleFX Review,which is a must read before you trade with this Forex broker.Read all EagleFX pros and cons,full description of trading accounts,platforms,spreads,promotions.

www.fastbull.com

According to the broker information there, EagleFX is described as being operated by a company registered in Dominica and offering forex and CFD trading services. The page also notes that the broker is not regulated by any major financial authority, which means investors may not have regulatory protections if disputes arise. It also mentions that the Ontario Securities Commission issued a warning saying EagleFX is not registered to trade securities in Ontario.



Posting it here so everyone can read through it themselves.

 

[AndrewOfFuentes]

I found another detailed profile about EagleFX and thought it was worth sharing with everyone following this discussion.

Detailed Information About "EagleFX" - BrokersView

Is EagleFX a Scam or Not?Detailed EagleFX Review,which is a must read before you trade with this Forex broker.Read all EagleFX pros and cons,full description of trading accounts,platforms,spreads,promotions.

www.fastbull.com

According to the broker information there, EagleFX is described as being operated by a company registered in Dominica and offering forex and CFD trading services. The page also notes that the broker is not regulated by any major financial authority, which means investors may not have regulatory protections if disputes arise. It also mentions that the Ontario Securities Commission issued a warning saying EagleFX is not registered to trade securities in Ontario.

View attachment 1505

Posting it here so everyone can read through it themselves.

Ahh !! The Dominica part seems to come up in almost every article about EagleFX.

From what I understand, Dominica is often used by offshore brokers because the regulatory requirements are much lighter than in places like the UK or Australia. That does not automatically mean something is wrong, but it does mean traders rely more on the broker itself rather than a regulator for protection. That probably explains why people keep researching EagleFX before depositing mone

 

[Eileen B Barnett]

I found another detailed profile about EagleFX and thought it was worth sharing with everyone following this discussion.

Detailed Information About "EagleFX" - BrokersView

Is EagleFX a Scam or Not?Detailed EagleFX Review,which is a must read before you trade with this Forex broker.Read all EagleFX pros and cons,full description of trading accounts,platforms,spreads,promotions.

www.fastbull.com

According to the broker information there, EagleFX is described as being operated by a company registered in Dominica and offering forex and CFD trading services. The page also notes that the broker is not regulated by any major financial authority, which means investors may not have regulatory protections if disputes arise. It also mentions that the Ontario Securities Commission issued a warning saying EagleFX is not registered to trade securities in Ontario.

View attachment 1505

Posting it here so everyone can read through it themselves.

Studying this suspicious broker from a long time i noticed another interesting part in that profile. It says the broker offers trading conditions like high leverage and MT4 access, which are things many traders look for. Some offshore brokers offer leverage up to around 1:500, which is much higher than what regulated brokers usually allow for retail clients. That type of leverage can attract traders who want to trade with smaller deposits.

 

[danGleason_X]

Studying this suspicious broker from a long time i noticed another interesting part in that profile. It says the broker offers trading conditions like high leverage and MT4 access, which are things many traders look for. Some offshore brokers offer leverage up to around 1:500, which is much higher than what regulated brokers usually allow for retail clients. That type of leverage can attract traders who want to trade with smaller deposits.

True, but high leverage is also one of the biggest risks in trading. When a broker like EagleFX offers leverage that high, it means profits can increase quickly, but losses can also escalate very fast. That is why many regulators limit leverage for retail traders in the first place.
Without regulation, traders basically have to rely on their own risk management.

 

[JeffBergman]

Another thing I noticed while reading through the profile is that it mentions the broker has no oversight from a recognized financial regulator. That is probably the key point people should understand when researching EagleFX. If a broker is unregulated, there is usually no compensation scheme or dispute system if something goes wrong with funds. That does not automatically determine how every trader’s experience will be, but it definitely changes the risk level.