Brief Look at EagleFX
The operations of the online broker EagleFX (EagleFX Ltd), registered in the offshore jurisdiction of Dominica, followed a typical pattern of unregulated financial intermediation. The company attracted traders with promises of round-the-clock support, high leverage of up to 1:500, and the ability to conduct transactions using cryptocurrency. However, the lack of oversight by financial regulators allowed the platform to employ opaque order execution mechanisms. The situation was further aggravated when EagleFX was placed on the warning "blacklists" of regulators, including the US CFTC and the Canadian OSC. The final stage of the scam was marked by the blocking of accounts, the freezing of Bitcoin withdrawals, and customer support ignoring complaints.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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