eonefx Review - Is This Broker Legit and Safe? - WikiFX

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

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.

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.

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.

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.