Score

1.54 /10
Danger

Eginets

Vanuatu

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.22

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Broker Information

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Company Name

EAGLE INTERNATIONAL NETWORKS Ltd.

Company Abbreviation

Eginets

Platform registered country and region

Vanuatu

Company website

X

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Eginets · Company summary

Note: Eginets' official website: https://www.eginets.com is currently inaccessible normal.

EginetsReview Summary
Founded2015
Registered Country/RegionVanuatu
RegulationNot regulated
Market InstrumentsForex currency pairs, indices, CFDs, precious metals, cryptocurrencies, and commodities
Demo Account/
LeverageUp to 1:400
SpreadFrom 1.6 pips (Fun account)
From 1.1 pips (Pro account)
From 0.6 pips (Zero account)
Trading PlatformMT4
Min Deposit$50
Customer SupportEmail: 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 and Cons

Pros Cons
Various trading assetsInaccessible website
Multiple account typesNot regulated
Popular trading platform MT4Limited payment options
Low minimum depositLimited contact channel

Is Eginets Legit?

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.

no regulation
website

What Can I Trade on Eginets?

Tradable Instruments Supported
Forex currency pairs
CFDs
Precious metals
Commodities
Indices
Cryptocurrencies
Stocks
Bonds
Options
ETFs

Account Type

Eginets offers three account types: FUN, PRO and ZERO. Demo accounts are not mentioned.

Account TypeMinDeposit
Fun $50
Pro $100
Zero $1 000

Leverage

Trading leverage varies depending on the trading account type.

Account TypeLeverage
Fun 1:400
Pro 1:200
Zero 1:100

Note that the higher the leverage, the returns and losses are more.

Spread and Commission

The spreads and commissions of Eginets also depends on the account type.

Account TypeSpreadCommission
Fun From 1.6 pips
Pro From 1.1 pips
Zero From 0.6 pips$7 per lot

Trading Platform

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 PlatformSupported Available Devices Suitable for
MT4IOS, AndroidBeginners
MT5/Experienced traders

Deposit and Withdrawal

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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User comment

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扬子.E
more than one year
Les recomiendo nunca operar con un broker no regulado o incluso regulado offshore, ya que existen muchos riesgos en la industria de forex. Por ejemplo, este broker Eginets no tiene ninguna regulacion, entonces será peligroso operar con él.
Les recomiendo nunca operar con un broker no regulado o incluso regulado offshore, ya que existen muchos riesgos en la industria de forex. Por ejemplo, este broker Eginets no tiene ninguna regulacion, entonces será peligroso operar con él.
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2022-12-01 15:43
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扬帆-起航
more than one year
Eginets is an unregulated offshore broker that seems to only serve the Chinese market, but whatever, their website is inaccessible nowadays.
Eginets is an unregulated offshore broker that seems to only serve the Chinese market, but whatever, their website is inaccessible nowadays.
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2022-11-29 10:06
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