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Eagle Commodities foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.eaglecommodities.com/, about the company's legal and temporary regulatory information, the company's address 140 East 45th Street, Floor 10 & 11 New York, NY 10017.

Eagle Commodities Forex Broker

Basic Information

Registered Region

United States

Operating Period

Company Name

Eagle Commodities Limited

Abbreviation

Eagle Commodities

Company employee

Customer Service Email Address

info@eaglecommodities.com

Contact Number

+12122399106

Company Website

http://www.eaglecommodities.com/

Company address

140 East 45th Street, Floor 10 & 11 New York, NY 10017

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

United Kingdom Investment Advisory License Revoked

Suspicious Overrun

High potential risk

Company profile

Aspect Information Company Name Eagle Commodities Registered Country/Area United States Founded Year 5-10 years Regulation Unregulated Market Instruments Traditional Energy Products and EnvironmentalEnergy Products Account Types Standard, Pro, and VIP Minimum Deposit $250 Maximum Leverage 1:400 Spreads Starting from 0.5 pips Trading Platforms MT4 and Web Trader Demo Account Yes Customer Support Telephone +1 212 239 9106, Ticket, and Email info@eaglecommodities.com Deposit & Withdrawal Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller), and Local Transfers Educational Resources Free ebooks, Video tutorials, Webinars, and Market Analysis Reports Overview of Eagle Commodities Eagle Commodities, based in the United States, has been serving the market for 5-10 years, offering a variety of market instruments that span both traditional and environmental energy products. While the company operates in an unregulated environment, it provides a range of account types, including Standard, Pro, and VIP, accommodating diverse trading preferences. With a minimum deposit requirement of $250 and maximum leverage of 1:400, Eagle Commodities ensures accessibility for traders. The spreads, starting from 0.5 pips, contribute to a competitive trading environment. The company supports the widely used MT4 trading platform and Web Trader, facilitating seamless and efficient trading experiences. Eagle Commodities understands the importance of education in trading and offers a suite of resources, including free ebooks, video tutorials, webinars, and market analysis reports. This commitment aligns with the company's goal of empowering traders with knowledge and insights to enhance their trading skills. Regulatory Status Eagle Commodities operates as an unregulated trading platform, meaning it operates without being overseen by any financial regulatory authority. Traders and investors need to be aware that this lack of regulatory supervision can bring about additional risks. In environments without regulation, clients may have limited options for addressing disputes or unforeseen issues. Therefore, it is crucial for individuals considering Eagle Commodities to approach with caution and thoroughly assess their risk tolerance when engaging with an unregulated broker. Pros and Cons Pros Cons Competitive spreads Limited regulation: Diverse account options High maximum leverage User-friendly platforms Withdrawal fees Educational resources Limited tradable assets compared to some competitors Demo account Relatively new company Pros: Competitive spreads: Eagle Commodities offers competitive variable spreads starting from 0.5 pips, which can be attractive to cost-conscious traders. Diverse account options: With three distinct account types, Eagle Commodities caters to various experience levels and trading styles. Beginners can start with a low minimum deposit, while experienced traders access tighter spreads and higher leverage. User-friendly platforms: Eagle Commodities supports both the popular MT4 platform and a web-based platform, accommodating different trader preferences. Educational resources: Free ebooks, video tutorials, webinars, and market analysis reports help traders improve their skills and knowledge. Demo account: Practice trading with virtual funds before committing real money, allowing you to test strategies and familiarize yourself with the platform. Cons: Limited regulation: Eagle Commodities operates under less stringent regulations compared to some established brokers, potentially raising concerns about security and reliability. High maximum leverage: The 1:400 leverage offered in the VIP account carries significant risk and is not suitable for all traders, especially beginners. Withdrawal fees: While Eagle Commodities does not charge deposit or account maintenance fees, withdrawal fees apply depending on the chosen method. Limited tradable assets compared to some competitors: The platform offers a good selection but may not be sufficient for traders seeking exposure to a wider range of instruments, such as stocks or cryptocurrencies. Relatively new company: With limited experience compared to established brokers, Eagle Commodities might lack the proven track record and reputation that some traders prioritize. Market Instruments Eagle Commodities offers a diverse array of market instruments, including traditional and environmental energy products. In the traditional sector, our Oil and Refined Products team facilitates transactions for banks, refiners, oil majors, trade shops, and hedge funds across various energy derivative products. With a global team covering all time zones, we ensure optimal service for our valued clients. In the environmental sector, Eagle's Environmental Products desk specializes in global compliance markets and the voluntary carbon market. Leveraging extensive relationships in the energy commodity space and a broad network of project developers and corporate end-users, the desk sources and markets credits at scale in the expanding voluntary carbon market. This dual focus reflects our commitment to providing comprehensive solutions in both traditional and environmentally conscious energy markets. Account Types Eagle Commodities provides 3 different account types including Standard, Pro, and VIP. The maximum leverage of the account is 1:400 provided by VIP where the minimum deposit is $5,000. The minimum deposit provided by Standard is $250 where the maximum leverage is $100. The Spreads vary from 0.5 pips to 1.5 pips. Account Type Minimum Deposit Maximum Leverage Spreads Standard USD 250 1:100 Variable (starting from 1.5 pips) Pro USD 1,000 1:200 Variable (starting from 1.0 pips) VIP USD 5,000 1:400 Variable (starting from 0.5 pips) How to Open an Account？ Opening an account with Eagle Commodities is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved: Choose your account type: Eagle Commodities offers three account types, each tailored to different experience levels and trading needs. Visit the Eagle Commodities website and click “Open Account.” Fill out the online application form: The form will request your personal information, financial details, and trading experience. Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading. Fund your account: Eagle Commodities offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit. Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address. Start trading: Once your account is verified, you're ready to explore the Eagle Commodities trading platform and start making trades. Leverage ACEX offers up to 1:400 leverage on all account types. Leverage allows traders to control a larger position size with a smaller amount of margin. For example, if you have a leverage of 1:100, you can control a position of $40,000 with a deposit of $100. Leverage can amplify your profits, but it can also amplify your losses. It is important to use leverage wisely and to understand the risks involved. Spreads & Commissions Spreads and Commissions required by Eagle Commodities vary on the account types. Spread starts from 0.5 pips and no more than 1.5 pips. There are no commissions provided. Account Type Minimum Deposit Maximum Leverage Starting Spreads Standard USD 250 1:100 1.5 pips Pro USD 1,000 1:200 1.0 pips VIP USD 5,000 1:400 0.5 pips Trading Platform Eagle Commodities provides traders with a choice of two distinct trading platforms, each tailored to meet diverse trading styles and preferences. MetaTrader 4 (MT4): a widely acknowledged and versatile trading interface. MT4 is renowned for its user-friendly design, advanced charting tools, and extensive customization options. Its popularity among forex traders is attributed to its comprehensive technical analysis capabilities and robust support for automated trading through Expert Advisors (EAs).WebTrader: a web-based trading platform designed to eliminate the need for software downloads. This platform provides a streamlined interface along with essential trading functionalities, making it an optimal choice for those who prefer the convenience of browser-based trading. MetaTrader WebTrader ensures accessibility from any device with an internet connection and features real-time quotes, charting tools, and order management capabilities. Deposit & Withdrawal Eagle Commodities provides a variety of deposit and withdrawal options, including Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller), and Local Transfers. Eagle Commodities allows a minimum deposit of $250 with 2% deposit fees. Fees range from 0% to 2%, and processing times vary from instant to 3-5 business days. Method Minimum Deposit Fee Withdrawal Fee Processing Time (Deposit) Processing Time (Withdrawal) Credit/Debit Card $250 2% N/A Instant 1-3 business days Bank Transfer N/A N/A 1-2 business days 3-5 business days E-wallets (Skrill, Neteller) 1% 1% Instant 1-3 business days Local Transfer Varies N/A 1-2 business days 3-5 business days Customer Support Eagle Commodities provides a comprehensive customer support system through TELEPHONE +1 212 239 9106, ticket, and Email info@eaglecommodities.com, ensuring that users have multiple options to reach out for assistance. Here's a description of each support channel: Email: Users can reach out to Eagle Commodities's support team via email at info@eaglecommodities.com. This provides a formal channel for communication, allowing users to detail their concerns or inquiries. Phone: Eagle Commodities offers phone support at +1 212 239 9106, allowing users to contact the customer support team directly. This direct communication channel is beneficial for resolving complex issues or seeking personalized assistance. Ticket: A ticket is a digital record of your inquiry or request submitted to our support team. It allows you to provide detailed information about your issue, including attachments and screenshots, and track its progress toward resolution. Educational Resources Eagle Commodities extends a robust array of educational resources to empower its users: Free ebooks: Beginner's guide to forex trading, advanced trading strategies, technical analysis course Video tutorials: Platform tutorials, fundamental analysis videos, trading psychology tips Webinars: Weekly live sessions on various topics, hosted by experienced traders Market analysis reports: Daily and weekly reports with insights from Eagle Commodities analysts These resources collectively contribute to a holistic educational approach, catering to users at different levels of expertise within the financial realm. Conclusion Eagle Commodities provides a tempting proposition for cost-conscious traders with its competitive spreads and user-friendly platforms. Catering to diverse trading styles through its various account options, the platform also offers educational resources and a demo account to empower traders of different levels. However, potential concerns regarding limited regulation, high maximum leverage, withdrawal fees, a relatively limited range of tradable assets, and a lack of established track record should be carefully weighed against the platform's advantages before making a decision. Ultimately, evaluating Eagle Commodities against your individual needs and risk tolerance is crucial for determining if it aligns with your trading aspirations. FAQs Q: What market instruments does Eagle Commodities offer？ A: Eagle Commodities provides a range of market instruments, including both traditional ENERGY PRODUCTS and Environmental ENERGY PRODUCTS. Q: How long has Eagle Commodities been in operation？ A: Eagle Commodities has been serving the market for a period ranging between 5 to 10 years. Q: Is Eagle Commodities regulated？ A: No, Eagle Commodities operates in an unregulated environment. Q: What account types are available on Eagle Commodities？ A: Eagle Commodities offers Standard, Pro, and VIP account types to cater to different trading preferences. Q: What is the minimum deposit requirement at Eagle Commodities？ A: The minimum deposit required to start trading with Eagle Commodities is $250. Q: What is the maximum leverage offered by Eagle Commodities？ A: Eagle Commodities provides a maximum leverage of 1:400. Q: Does Eagle Commodities offer a demo account？ A: Yes, Eagle Commodities provides a demo account for users to practice trading without risking real funds.

Eagle Commodities broker review

Is Eagle Commodities safe or scam

Rating Index

Eagle Commodities Forex Broker - Comprehensive Information Guide

1. Company Overview

　　Eagle Commodities, established between 2008 and 2013, operates as a private brokerage firm specializing in the energy sector. The company's headquarters is located at 368 9th Ave, 12th Floor, New York, NY 10001, United States. Eagle Commodities serves a diverse clientele, including banks, hedge funds, and trading houses, primarily focusing on traditional energy products and environmental energy products.

　　Over the years, Eagle Commodities has developed a reputation for providing pricing services, strategic hedging, execution, and research within the energy market. The firm's growth trajectory has been marked by its commitment to establishing a global presence, particularly in key Asian and South American supply hubs. A significant milestone in the company's history includes its acquisition by Marex Group in July 2023, enhancing its operational capabilities and market reach.

　　As an eagle.commodities broker, the firm operates primarily in the retail forex and institutional service sectors, offering various account types to cater to different trading preferences.

2. Regulatory and Compliance Information

　　Eagle Commodities operates in an unregulated environment, which raises concerns regarding its compliance with financial standards and regulations. The firm previously held a license from the Financial Conduct Authority (FCA) in the UK, which has since been revoked. As such, the broker does not currently possess any regulatory oversight from recognized authorities.

　　The absence of a valid regulatory license means that clients may face challenges in addressing disputes or unforeseen issues. The company does not participate in any investor compensation schemes, which further elevates the risk for potential clients.

　　Eagle Commodities implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure compliance with basic financial regulations, although the effectiveness of these measures remains questionable due to the lack of regulatory oversight.

　　As an eagle.commodities broker, it is crucial for potential clients to carefully evaluate their risk tolerance and consider the implications of engaging with an unregulated broker.

3. Trading Products and Services

　　Eagle Commodities offers a diverse range of trading products, primarily focusing on forex currency pairs, contracts for difference (CFDs), and energy commodities. The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs, catering to the needs of different traders.

　　In addition to forex, the firm offers CFDs on indices, commodities, and select stocks. The inclusion of environmental energy products reflects the company's commitment to sustainability and compliance markets. The specific categories of CFDs available include:

Indices: Major global indices
Commodities: Traditional energy products like oil and gas
Stocks: A limited selection of equities
Cryptocurrencies: Limited offerings, primarily mainstream options

　　Eagle Commodities frequently updates its product offerings, although the frequency and specifics of new additions are not explicitly detailed. The broker caters to both retail and institutional clients, providing tailored services to meet varying needs.

　　As an eagle.commodities broker, the firm emphasizes its commitment to providing clients with a comprehensive range of trading instruments.

4. Trading Platforms and Technology

　　Eagle Commodities supports the widely recognized MetaTrader 4 (MT4) trading platform, which is favored by many forex traders for its user-friendly interface and advanced charting tools. The firm also offers a web-based trading platform, allowing clients to trade without the need for software downloads. This platform provides essential trading functionalities, ensuring accessibility from any device with an internet connection.

　　For traders who prefer mobile trading, Eagle Commodities offers applications compatible with both iOS and Android devices. The broker's trading execution model is primarily Market Making, which may not appeal to all traders.

　　The firm's technological infrastructure is designed to support efficient trade execution and includes servers located in strategic regions to minimize latency. However, there is no mention of API access or automated trading support, which could limit advanced traders' options.

　　As an eagle.commodities broker, the focus on established platforms like MT4 ensures that clients have access to reliable and robust trading tools.

5. Account Types and Trading Conditions

　　Eagle Commodities offers three distinct account types designed to accommodate various trading styles and preferences:

　　Standard Account:
　　Minimum Deposit: $250
　　Maximum Leverage: 1:100
　　Spreads: Starting from 1.5 pips
　　Pro Account:
　　Minimum Deposit: $1,000
　　Maximum Leverage: 1:200
　　Spreads: Starting from 1.0 pips
　　VIP Account:
　　Minimum Deposit: $5,000
　　Maximum Leverage: 1:400
　　Spreads: Starting from 0.5 pips

　　Eagle Commodities also provides a demo account for traders to practice their strategies without risking real funds. The firm offers leverage options that vary by account type, with the VIP account providing the highest leverage available.

　　The minimum trading lot size and overnight fees are not explicitly detailed, indicating a need for potential clients to inquire directly with the broker for specific terms.

　　As an eagle.commodities broker, the variety of account options ensures that traders can find a suitable match for their trading needs.

6. Fund Management

　　Eagle Commodities supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets. The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $250.

　　Deposit processing times range from instant to 3-5 business days, depending on the method used. The broker applies fees for deposits, which can range from 0% to 2%, depending on the chosen payment method.

　　Withdrawal options include similar methods as deposits, although specific restrictions or fees for withdrawals are not clearly outlined. Withdrawal processing times typically range from 1-3 business days, but this can vary based on the method chosen.

　　As an eagle.commodities broker, potential clients should be aware of the fees and processing times associated with fund management.

7. Customer Support and Educational Resources

　　Eagle Commodities provides a range of customer support channels, including telephone support at +1 212 239 9106, email support at info@eaglecommodities.com, and an online ticketing system for inquiries. The firm operates during standard business hours, although specific time zone coverage is not detailed.

　　The broker offers support in multiple languages, catering to a diverse clientele. Educational resources include free eBooks, video tutorials, webinars, and market analysis reports, which are designed to help traders improve their skills and stay informed about market trends.

　　Additionally, Eagle Commodities provides various trading tools such as calculators and market calendars to assist traders in their decision-making processes.

　　As an eagle.commodities broker, the commitment to customer support and education reflects the firm's dedication to empowering its clients.

8. Regional Coverage and Restrictions

　　Eagle Commodities primarily serves clients in the United States and has a growing presence in international markets. The broker's operations are supported by its headquarters in New York, with additional offices in London.

　　However, the firm does not accept clients from certain countries, although specific restrictions are not detailed in the available information. Potential clients are advised to check with the broker for any regional limitations that may apply.

　　As an eagle.commodities broker, understanding the geographical scope of services is essential for prospective clients considering account registration.

　　In conclusion, Eagle Commodities presents a range of trading products and services tailored to the energy sector, albeit operating in an unregulated environment. The firm offers various account types, competitive spreads, and a commitment to customer support and education. However, potential clients should approach with caution, considering the risks associated with engaging with an unregulated broker.

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