What is Eagle Central?
Eagle Central is a forex and CFD broker based in Saint Vincent and the Grenadines, listed with a foundation year of 2020. It offers leverage up to 1:2, spreads from 0.2 pips and a minimum deposit of $130. Clients trade on MetaTrader5 for Android, iOS, Windows and on mobile.
Eagle Central is an online trading broker that trades on Forex, Metals, Indices, Stocks, Energies, and Crypto Currencies. They have more than 80 instruments available. This broker is based on MetaTrader5. This has trading software for android, iOS, and Windows computers.
This broker is providing three types of accounts named Syariah, ECN Raw Spread, and Standard. All of these accounts have different spreads and leverage including different features. Three of these accounts need three different levels of minimum deposit.
The ECN Raw spread needs $30 of minimum deposit and it has a floating exchange rate. The margin call in this account is 100% and the stop-out level on this account is 50%. The spread in this account is starting from 0.2 pips.
The Standard account starts from $100 of minimum deposit. The spread in this account is 1.5 pips and the leverage is 1:500 on Forex and 1:200 on Metals. This has 25 currencies and 2 metals available for trading. This is a swap free account. This and the previous account have the same commission charge at $1 commission/0.1 lot.
The Syariah account is a commission-free account that requires a minimum deposit of $1000. The spread san leverage on this account is just the same as the Standard account. Just like the standard account, this account also has 25 currencies and 2 metals as trading instruments. All of these accounts have no trading restrictions and the execution time is below 50 ms on all accounts. Hedging, Scalping is allowed in all of these three accounts.
Is Eagle Central safe and regulated?
Eagle Central is regulated by Eagle Central has no regulatory license. 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 Central account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $130 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 | Yes |
Trading platform and conditions
Eagle Central provides MetaTrader5 for Android, iOS, Windows. 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 0.2 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:2 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
Eagle Central supports 2 funding methods, including Bank Transfers, Credit card/ Debit card. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
Eagle Central bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current Eagle Central promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the Eagle Central 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 Central pros and cons
Pros
- Raw spreads from 0.2 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- $130 minimum deposit is higher than some rivals
How to open an Eagle Central account
- RegisterVisit the Eagle Central 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, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $130 with Bank Transfers, Credit card/ Debit card.
- Start tradingLog in to MetaTrader5 for Android, iOS, Windows or the mobile app and set your risk per trade.
Is Eagle Central a good broker? Our verdict
Eagle Central suits active traders who want raw spreads, freedom to scalp or trade the news. 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.