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No Regulation
Score
1.51 /10
Danger
EIGEN FX
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Website
Score
Regulatory Index0.00
Business Index6.97
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-15
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
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 |
| 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 | ✔ | Experienced traders |
Deposit & Withdrawal
| Payment Option | MinDeposit/ Withdrawal | Fee |
| Credit/debit cards | $100 | ❌ |
| Bank wire | ||
| Transfers | / | |
| E-wallets |
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