eonefx Review - Is This Broker Legit and Safe? - WikiFX
abstrak：eonefx is not regulated and it does not provide services to certain regions. However, MT5 platform and copy trading are attractive for traders.
| eonefxReview Summary | |
| Founded | 2017 |
| Registered Country/Region | Mauritius |
| Regulation | No regulation |
| Market Instruments | Forex, metals, cryptos, indices, commodities, ETFs, bonds |
| Demo Account | ❌ |
| Leverage | Up to 1:2000 |
| Spread | From 0 pips |
| Trading Platform | MT5, eonefx APP |
| Minimum Deposit | $100 |
| Copy Trading | ✅ |
| Customer Support | Live chat, contact form |
| Tel: +971 581 670 121 | |
| Email: support@eonefx.com | |
| Rep. Office: 1701 Nassima Tower, Sheikh Zayed Road, Trade Center, Dubai, UAE. | |
| Reg. Office: United Docks Business Park, Caudan, Port Louis, Mauritius. | |
| Social media: Instagram, Whatsapp, Facebook, LinkedIn | |
| Regional Restrictions | USA, Cuba, Iran, Syria, Sudan, North Korea, UK |
eonefx was registered in 2017 in Mauritius, specializing in the forex, metals, crypto, indices, commodities, and bonds markets. It provides four types of accounts, with a minimum deposit of $100 and a maximum leverage of 1:2000. Besides, it offers copy trading services. However, it should be noted that eonefx is not regulated and it does not provide services to certain regions.
Pros and Cons
| Pros | Cons |
| Copy trading offered | High leverage ratio |
| Tight spreads | No demo accounts |
| MT5 supported | Lack of regulation |
| Multiple channels for customer support | Regional restrictions |
| Diverse tradable assets | |
| Popular payment options | |
| No deposit and withdrawal commission |
Is eonefx Legit?
No, eonefx is not regulated by financial regulatory authorities in Mauritius, which means the company lacks regulation from its registration site. Therefore, potential risks cannot be ignored.
What Can I Trade on eonefx?
eonefx provides a number of products, including forex, metals, cryptos, indices, commodities, ETFs, and bonds.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Bonds | ✔ |
| ETFs | ✔ |
| Stocks | ❌ |
| Options | ❌ |
Account Type
eonefx provides four types of accounts: Standard Account, Pro Account, RAW Account, and Zero Spread Account. However, it does not mention whether a free demo account is available or not.
| Account Type | Minimum Deposit | Maximum Leverage | Spread |
| Standard Account | $100 | 1:2000 | Metals: $38 - 42 |
| Currency: $22 - 25 | |||
| Pro Account | $500 | 1:500 | Metals: $28 - 32 |
| Currency: $17 - 22 | |||
| RAW Account | $1,000 | 1:500 | Metals: $20 - 25 |
| Currency: $9 - 12 | |||
| Zero Spread Account | $10,000 | 1:500 | Metals: $0 |
| Currency: $0 |
Leverage
The leverage ranges from 1:500 to 1:2000, which is not low. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.
Trading Platform
eonefx uses MT5 and mobile APP as its trading platforms, and it does not support MT4.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, web, mobile, mac | Experienced traders |
| eonefx APP | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
Copy Trading
eonefx provides copy trading service which enables clients to follow top traders and learn from their trading strategies. It is useful for beginners to start their trading and find their own strategies.
Deposit and Withdrawal
eonefx supports different types of payment options.
| Deposit Options | Accepted Currencies | Minimum Deposit | Deposit Fees | Deposit Processing Time |
| USDT | USD | 0.00037000 BTC | ❌ | 3-30 minutes |
| Local Banks | $350 | |||
| Bitcoin | BTC | 0.00037000 BTC | ||
| Ethereum | ETH | 0.02000000 ETH | ||
| Neteller | EUR, USD | 50 EUR | Instant | |
| Skrill | 50 USD | |||
| Mastercard | EUR | 50 EUR |
| Withdrawal Options | Accepted Currencies | Minimum Withdrawal | Withdrawal Fees | Withdrawal Processing Time |
| USDT | USD | 0.00009000 BTC | ❌ | 1-3 hours to approve the withdrawal and up to 30 minutes to transfer the funds |
| Local Banks | $350 | |||
| Bitcoin | BTC | 0.00009000 BTC | ||
| Ethereum | ETH | 0.00500000 ETH | ||
| Neteller | EUR, USD | $5 | ||
| Skrill | ||||
| Mastercard | EUR | 5 EUR |
Magbasa pa ng marami
Sa likod ng Orfinex Prime Brokerage: Isang kaso ng pagsalangsang at negligencia
Orfinex Prime: Mga Allegasyon ng Negligencia at Paglabas | Ang mga problema ng mga kliyente ay nagpapahayag ng mga hindi ligtas na pamamaraan sa pagbebenta, malinaw na presensya sa Dubai, at mga alalahanin ng pagsalangsang. Gumawa ng mga aksyon para sa proteksyon ng mga mamimili.
The pound, gilts and renewables: the winners and losers under Britain’s future PM
The race to be the next leader of Britain’s ruling-Conservative Party and the country’s prime minister is into its final leg, with the September outcome likely to shape the fortunes of sterling, gilts and UK stocks in coming months.
IMF cuts global growth outlook, warns high inflation threatens recession
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.
Starting Forex Trading: Creating A Profit Plan
A key factor in building a successful and profitable trading career is making your own plans. Your transaction plan will provide a good framework for guiding ever-changing currency prices to profit.
Broker ng WikiFX
Exchange Rate
