What is Eagle Global Markets?
Eagle Global Markets is a forex and CFD broker based in Lagos, listed with a foundation year of 2018. It offers leverage up to 1:400, spreads from Variable and a minimum deposit of $100. Clients trade on MetaTrader 4 and on mobile.
Is Eagle Global Markets safe and regulated?
Eagle Global Markets is regulated by Eagle Global Markets (PTY) LTD, registered company number 2010/010099/07. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
Eagle Global Markets account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $100 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | No |
Trading platform and conditions
Eagle Global Markets provides MetaTrader 4, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from Variable on major currency pairs.
- Leverage up to 1:400 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
Eagle Global Markets supports 6 funding methods, including Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.. Accounts can be held in 1 base currency (NGN or USD), which helps you avoid conversion fees.
Eagle Global Markets bonus: Yes
How the promotion works
The current Eagle Global Markets promotion is Yes. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the Eagle Global Markets website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
Eagle Global Markets pros and cons
Pros
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP and Mini accounts
- 6 deposit methods
Cons
- Only offshore regulation
- No investor compensation scheme
- $100 minimum deposit is higher than some rivals
How to open an Eagle Global Markets account
- RegisterVisit the Eagle Global Markets website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini or a standard account, and your base currency.
- Fund the accountDeposit at least $100 with Credit/Debit Card, Neteller, Skrill or another method.
- Start tradingLog in to MetaTrader 4 or the mobile app and set your risk per trade.
Is Eagle Global Markets a good broker? Our verdict
Eagle Global Markets suits active traders who want freedom to scalp or trade the news, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.