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EoneFX Broker

EoneFX

EoneFX

Promotion: Free Trading Analysis
Regulated By: EoneFX is regulated by and registered with accounting and corporate regulatory authority (ACRA).
Headquarters: 1701 Nassima Tower, Sheikh Zayed Road, Trade Center, Dubai, UAE.
Foundation Year: 2024

Trading Info

Min. Deposit 100 USD
Max Leverage Max Leverage 1:2000
Min. Spreads 0.0 pips raw spreads from
Mobile Trading Yes
Web Trading Yes
News Trading Yes
Headging Scalping: Yes
Trade Platform EoneFX App, OS App Store, Google Play, Pro Trader

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Non-Service Jurisdiction: Eone General Trading Pte. Lt does NOT offer its services to residents of jurisdictions of U.S.A, Cuba, Iran, Syria, Sudan, North Korea. Mount Nico Corp Limited does not provide regulated financial services to residents of the United Kingdom.

Disclaimer: This application platform or website is designed solely for educational and training purposes related to forex trading. We do not provide any trading facilities or services for residents outside of Singapore, Malaysia, and UAE. Residents from countries other than those mentioned are welcome to utilize the facilities of this application platform or website strictly for training and educational purposes.

EoneFX

Accounting Info

Swap Free Acc Yes
Acc Funding Methods Bank transfer, debit/credit card, e-wallet (Skrill, Neteller) Crypto and others
Acc Withdrawal Methods Bank transfer, debit/credit card, e-wallet (Skrill, Neteller) Crypto and others
Vip Accounts Yes
Mini Accounts Yes
Segregated Acc Yes
Free Demo Acc Yes
Managed Accounts Yes
Islamic Accounts Yes

It is important to note that no trading activities, real transactions, or financial operations are facilitated through this platform for residents of other countries than mentioned above. The information, tools, and resources provided are intended to enhance your understanding of forex trading concepts and strategies.

Any simulated trading scenarios or historical data presented on this platform do not guarantee future trading performance or outcomes. Forex trading involves significant risks, and past results should not be considered indicative of future performance in real trading environments.

By accessing and using this application platform or website, you acknowledge and accept that it is solely for educational purposes, and you will not engage in any trading activities or financial transactions through this platform. The platform is not liable for any financial losses, decisions, or actions taken based on the information provided.

EoneFX

Contact Info

Broker Name: EoneFX
Country: UAE
Base Currencies: AUD, USD, GBP, EUR, JPY and More
Languages: English, Arabic, French, Indonesian, Japanese, Malaysian, Thai, Vietnamese
News Trading: Yes

Broker Info

EoneFX Forex Broker Review and Rating

EoneFX is a forex broker with a growing reputation among traders. From their trading platforms to customer support, this review will break down everything you need to know about EoneFX. We'll cover the pros, cons, and key features of this broker to help you decide if it's the right choice for your trading needs.

1. Overview of EoneFX

EoneFX provides a range of trading options in the forex market. They offer competitive spreads, multiple account types, and advanced trading tools. Their platform aims to cater to both novice and experienced traders.

2. Account Types and Minimum Deposit

EoneFX offers different account types to suit various trading styles. These include Standard, Pro, and VIP accounts. The minimum deposit starts at $100 for the Standard account, making it accessible for beginners. The Pro and VIP accounts require higher deposits but offer lower spreads and additional features.

3. Trading Platforms

EoneFX supports popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are known for their user-friendly interfaces and advanced charting tools. Traders can execute orders quickly and access a wide range of technical indicators.

4. Spreads and Commission

One of EoneFX's strong points is its competitive spreads. For major currency pairs, spreads start as low as 0.1 pips for Pro and VIP accounts. The Standard account features slightly higher spreads, but they remain competitive compared to many other brokers. Commissions apply to Pro and VIP accounts, but they are generally low.

5. Customer Support

EoneFX prides itself on its robust customer support. They offer 24/5 support via live chat, email, and phone. Customer service representatives are known for their quick response times and helpfulness, ensuring traders can get the assistance they need without long waits.

6. Deposit and Withdrawal Options

Depositing and withdrawing funds with EoneFX is straightforward. They support various payment methods, including bank transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller. Processing times are usually fast, with most withdrawals being completed within 24 hours.

7. Educational Resources

EoneFX provides a wealth of educational resources to help traders improve their skills. These include webinars, video tutorials, eBooks, and a comprehensive trading academy. Beginner traders will find these resources particularly useful for learning the basics of forex trading.

8. Regulation and Safety

EoneFX is regulated by several financial authorities, ensuring they adhere to strict standards for transparency and security. They use advanced encryption techniques to protect clients' funds and personal information, giving traders peace of mind.

9. Trading Tools and Features

EoneFX offers a variety of trading tools and features to enhance the trading experience. These include real-time market analysis, economic calendars, and risk management tools like stop-loss and take-profit orders. These tools help traders make informed decisions and manage their risk effectively.

10. Pros and Cons

Pros:

  • Competitive spreads and low commissions
  • Multiple account types to suit different traders
  • Strong customer support
  • Wide range of payment options
  • Comprehensive educational resources

Cons:

  • Higher minimum deposit for Pro and VIP accounts
  • Commissions on certain account types
  • Limited to forex and a few other assets

Conclusion

EoneFX stands out as a reliable forex broker with competitive offerings for traders at all levels. With strong customer support, advanced trading platforms, and a variety of educational resources, it provides a solid foundation for successful trading. Whether you're just starting or looking to optimize your trading strategy, EoneFX offers the tools and support you need.

EoneFX

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