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Score
Vanuatu
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index7.22
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
EAGLE INTERNATIONAL NETWORKS Ltd.
Company Abbreviation
Eginets
Platform registered country and region
Vanuatu
Company website
X
Company summary
Pyramid scheme complaint
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Note: Eginets' official website: https://www.eginets.com is currently inaccessible normal.
EginetsReview Summary | |
Founded | 2015 |
Registered Country/Region | Vanuatu |
Regulation | Not regulated |
Market Instruments | Forex currency pairs, indices, CFDs, precious metals, cryptocurrencies, and commodities |
Demo Account | / |
Leverage | Up to 1:400 |
Spread | From 1.6 pips (Fun account) |
From 1.1 pips (Pro account) | |
From 0.6 pips (Zero account) | |
Trading Platform | MT4 |
Min Deposit | $50 |
Customer Support | Email: info@eginets.com |
Social media: X, Facebook |
Eginets is a Belize registered STP forex broker that offers investors three trading accounts with a low minimum deposit requirement ($50), which seems to be superior to most dealers. Eginets focuses on Muslim markets, such as Malaysia and Indonesia, and is currently an unregulated brokerage firm.
Pros | Cons |
Various trading assets | Inaccessible website |
Multiple account types | Not regulated |
Popular trading platform MT4 | Limited payment options |
Low minimum deposit | Limited contact channel |
Eginets claims it is registered in Belize and regulated by the local IFSC. However, there is no information about it on the website. It means it is not supervised by any financial authorities. Traders should be cautious.
Tradable Instruments | Supported |
Forex currency pairs | ✔ |
CFDs | ✔ |
Precious metals | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Stocks | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Eginets offers three account types: FUN, PRO and ZERO. Demo accounts are not mentioned.
Account Type | MinDeposit |
Fun | $50 |
Pro | $100 |
Zero | $1 000 |
Trading leverage varies depending on the trading account type.
Account Type | Leverage |
Fun | 1:400 |
Pro | 1:200 |
Zero | 1:100 |
Note that the higher the leverage, the returns and losses are more.
The spreads and commissions of Eginets also depends on the account type.
Account Type | Spread | Commission |
Fun | From 1.6 pips | ❌ |
Pro | From 1.1 pips | ❌ |
Zero | From 0.6 pips | $7 per lot |
Eginets offers investors the market-leading MT4 trading platform, which has proven itself over the years and is sought after by countless traders. MT4 is perfect for Forex traders because of its powerful charting features, many custom indicators (and other tools), and various automated trading systems or trading programs called EAs.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | IOS, Android | Beginners |
MT5 | ❌ | / | Experienced traders |
Finally, Eginets supports traders to deposit and withdraw funds from their investment accounts via wire transfer, credit card, PayPal, etc. The payment options offered by Eginets are limited but at least include the popular e-wallet payments.
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