EIGEN FX Information Revealed

WikiFX | 2024-10-15 18:13

Abstract：EIGEN FX offers a variety of trading instruments, including Forex, CFDs, and options. While the main website does not contain detailed information, caution is advised as a result of the absence of regulatory oversight.

Note: EIGEN FX's official website: https://eigeninternational.com/ is currently inaccessible normally.

EIGEN FXReview Summary
Founded	/
Registered Country/Region	China
Regulation	Not regulated
Market Instruments	Forex, CFDs on stocks, indices, commodities, currencies), Options
Demo Account	/
Leverage	Up to 1:2000
EUR/USD Spread	0.2 pips
Trading Platform	MetaTrader 4, MetaTrader 5
Min Deposit	$100
Customer Support	Phone: 658379410
Customer Support	Email: enquiry@eigeninternational.com

EIGEN FX Review

EIGEN FX offers a variety of trading instruments, including Forex, CFDs, and options. While the main website does not contain detailed information, caution is advised as a result of the absence of regulatory oversight. EIGEN FX provides different account types, including Standard, Premium, and VIP Accounts. EUR/USD has a spread of about 0.2 pips, and trading indices are relatively inexpensive. For deposits and withdrawals, credit/debit cards, bank wire transfers, and e-wallets are accepted; a $100 minimum requirement applies. Trading platforms used by the broker include MetaTrader 4 and MetaTrader 5.

Pros and Cons

Pros	Cons
Various trading assets	Not regulated
Multiple account types	Lack of transparency
Popular MT4 and MT5 trading platforms	Limited contact channels

Is EIGEN FX Legit?

The regulatory status of EIGEN FX has been confirmed as lacking proper oversight. The absence of valid regulations necessitates caution. This broker carries potential risks.

What Can I Trade on EIGEN FX?

Tradable Instruments	Supported
CFDs	✔
OPTIONS	✔
FOREX	✔
Stocks	✔
Indices	✔
Commodities	✔
Cryptocurrencies	❌
ETFs	❌

Account Type

Account Type	Minimum Deposit
STANDARD	$100
PREMIUM	$500
VIP	$10000

Leverage

EIGEN FX provides flexible leverage ratios - up to 1:500 for the Standard account, 1:1000 for the Premium account, and 1:2000 for the VIP account. High leverage always comes with high returns and high risks. Traders should be cautious when trading.

Spreads & Commissions

EIGEN FX offers spreads on a wide range of trading instruments. For example, the spread on EUR/USD is typically around 0.2 pips.

There is no commission on most trading instruments, but there is a small commission of $10 per lot for trading indices.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Web and Mobile	Beginners
MT5	✔	Desktop, Web and Mobile	Experienced traders