Eagle Stock Exchange is a CFD broker whose official website domain was registered on November 14, 2023. This broker primarily offers investment services in forex, commodities, indices, stocks, and digital currencies to investors. However, it does not provide services to countries and regions where doing so might violate local laws or regulations.
Company Registration and Regulatory Status
According to public information on its official website (eaglestockexchange.co.za), Eagle Stock Exchange is registered in the UK and regulated by the Australian Securities and Investments Commission (ASIC). Nevertheless, all clients will directly engage with Eagle Stock Exchange A/S, and all client agreements will be signed with Eagle Stock Exchange A/S, making them subject to Danish law. However, the "Terms of Service" on its website state that the service terms are governed by and interpreted according to Dutch law, with any disputes that cannot be amicably resolved to be submitted to Dutch courts. Apart from this, the broker does not disclose detailed information about its company entity or regulation.
After verification, no registration information for a company named "Eagle Stock Exchange" was found in the UK's Companies House, the Australian Securities and Investments Commission (ASIC), the Danish Financial Supervisory Authority, or the Dutch Chamber of Commerce (KVK).
Therefore, Eagle Stock Exchange (eaglestockexchange.co.za) is essentially a scam broker website with neither a company entity nor any regulatory oversight.
Trading Products:
Eagle Stock Exchange offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from fluctuations in exchange rates.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, traders can find diverse trading opportunities and leverage to enhance potential returns.
- Commodities: Commodity trading covers key resources in global markets, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning from both price changes based on company performance and dividends, without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Account Opening Process
To open a trading account with Eagle Stock Exchange: visit the broker's official website, click on "Open Account" in the top right corner of the page, fill in personal information like name, phone number, and email, set up a login password, and submit. Upon account verification, the registration process is complete.
Investment Plans
Eagle Stock Exchange offers four different types of investment plans: Bronze Plan, Silver Plan, Gold Plan, and Platinum Plan.
Bronze Plan:
- Minimum deposit: $200
- Maximum deposit: $4,999
- Estimated return: 40-72%
- Duration: 3 days
Silver Plan:
- Minimum deposit: $5,000
- Maximum deposit: $9,999
- Estimated return: 40-72%
- Duration: 7 days
Gold Plan:
- Minimum deposit: $10,000
- Maximum deposit: $50,000
- Estimated return: 40-72%
- Duration: 14 days
Platinum Plan:
- Minimum deposit: $50,000
- Maximum deposit: $100,000
- Estimated return: 40-72%
- Duration: 30 days
Trading Platform
Eagle Stock Exchange claims to provide users with the MT5 trading platform, but information about this broker cannot be found on the MT5 platform.
Deposits and Withdrawals
The official website of Eagle Stock Exchange does not disclose the supported methods for deposits and withdrawals.
Summary:
Traderknows reminds investors that Eagle Stock Exchange is a scam broker that lures investors with promises of high returns. In reality, this site has no corporate entity or any regulatory oversight, and the contact method is limited to email. Investors are advised to choose brokers that are transparent, strongly regulated, and reputable to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
