Summary
Eagle Trade Broker claims to offer profitable trading opportunities, but research shows that it is not a regulated or licensed broker. Trusted authorities such as the FCA (UK), ASIC (Australia), and CySEC (Cyprus) do not oversee the platform’s operations. Many users have reported issues with withdrawals, hidden fees, and misleading claims.
Exercise extreme caution if you are considering investing, and always verify a broker’s regulatory status before depositing any money.
About Eagle Trade Broker
- Company Name: Eagle Trade
- Official Website: www.eagle-trades.com
- Registered Address: 5th Floor, 11 Bressenden Pl, London, United Kingdom, SW1E 5BY
- Regulatory Warning: Financial Conduct Authority (UK)
- Domain Blacklist Status:
A blacklist scan of www.eagle-trades.com, resolving to 13.248.169.48, shows it has been checked against 70 known blacklists and is listed once with a timeout recorded.
The IP address appears on the Suomispam Reputation blacklist, indicating a potential reputation or trust risk associated with the domain.
There have been numerous complaints regarding Eagle Trade by users. Eagle Trade is a term that refers to many different exchanges; however, for most of these platforms, there are indications of fraudulent activity. Therefore, it raises a red flag for any potential investor.
Regulatory Warnings
Recently, there have been several warning notices sent out by government regulators, such as the Financial Conduct Authority, to consumers warning against the many different Eagle Trade platforms that exist. None of these platforms was ever authorised to offer financial services in the UK, meaning that anyone who has lost money on these platforms will have no means of making an insurance claim or receiving any help from any financial regulator or governing body; therefore, these individuals are not entitled to any legal rights or protections whatsoever.
What Investors Are Saying
Many users who were negatively affected by Eagle Trade have reported being recruited using high-pressure tactics, mostly through phone calls or online messages, claiming high returns or “guaranteed” returns. After funds have been deposited by the investor, there are frequent problems accessing the trading accounts or withdrawing the funds. Often, withdrawal requests are delayed or denied, and when they are finally approved, there are often additional fees or taxes requested.
Difficulty Verifying Company Information
In addition to these complaints, many investors are concerned about not being able to verify the legitimacy of Eagle Trade Companies. There are many Eagle Trade-related websites that have very little to no information about company ownership, company registration, or licensing. This lack of information makes it virtually impossible to verify the legitimacy of Eagle Trade.
Lack of Transparency
With the regulatory alerts, the withdrawal problems, and the numerous complaints from investors regarding Eagle Trade, the company has many of the same features of an online investment scam. Investors are urged to refrain from using such companies and to only invest with companies that are licensed to operate within their region and that have a good reputation.
Lost Funds to Eagle Trade Broker?
If you have already deposited money with Eagle Trade Broker, act quickly.
Fill out the form below to get a free consultation with fund-recovery specialists who can help trace and recover your money.
Is Eagle Trade Broker Trustworthy?
Eagle Trade Broker is not registered with any major financial regulator. Legitimate brokers must be authorised by bodies such as:
- FCA – Financial Conduct Authority (UK)
- SEC/CFTC – Securities and Exchange Commission / Commodity Futures Trading Commission (US)
- ASIC – Australian Securities and Investments Commission
- CySEC – Cyprus Securities and Exchange Commission
These regulators enforce strict rules, monitor financial operations, and protect customers.
Because Eagle Trade Broker lacks regulation:
- There is no authority overseeing its activities.
- Users have no access to compensation schemes or dispute resolution services.
- Funds are not insured, unlike regulated firms where clients may be covered by FINRA, SIPC, FSCS, or equivalent protection.
Trading with such unlicensed platforms carries a high risk of fraud and loss.
How Online Scams Usually Operate
Internet scammers use sophisticated tricks to build trust and then steal money. Below are common tactics associated with suspicious brokers like Eagle Trading Broker.
1. “Pig-Butchering” Romance & Investment Scams
Fraudsters may spend weeks or months gaining a victim’s confidence through dating apps, social media, or messaging platforms. Once trust is built, they encourage the victim to invest through a fraudulent trading platform like Eagle Trading Broker.
2. Fake Trading Platforms
Scam brokers often design dashboards that look real:
- Live-looking charts
- Fake profit spikes
- Manipulated account balances
They may even allow a small withdrawal at first to appear credible, then block all future withdrawals.
Common Red Flags
- Unsolicited contact: Calls, WhatsApp messages, or DMs offering investment opportunities.
- No regulatory licence: Or a fake/invalid licence number.
- Guaranteed returns: Promises of “risk-free” profits or fixed daily/monthly returns.
- Withdrawal problems: Sudden fees, taxes, or delays before releasing funds.
- Over-polished website: Professional design that hides the lack of real oversight.
- Fake testimonials: Made-up reviews or celebrity endorsements.
Steps to Take If You Were Scammed by Eagle Trading Broker
1. Cut Contact Immediately
Stop communicating with the broker or any associated person to prevent further manipulation.
2. Notify Your Bank or Payment Provider
Explain the situation and request:
- Chargeback (for card payments)
- Recall (for wire transfers)
- Reversal options (for e-wallets or crypto platforms)
3. Collect All Evidence
Keep:
- Screenshots
- Emails & chat logs
- Transactions
- Platform dashboard images
This helps recovery experts and law enforcement.
4. Report the Scam
Contact your local cybercrime authorities or financial regulator.
More reports help authorities track and shut down fraudulent operations.
5. Seek Professional Support
Fund-recovery specialists like Scams Report can guide you through chargebacks, crypto tracing, and legal steps.
FAQ – Eagle Trade Broker Scam Queries
Q1. Is Eagle Trade Broker regulated?
No. Eagle Trade Broker is not licensed by any recognised regulator, which makes it unsafe.
Q2. Can I get my money back from Eagle Trading Broker?
Recovery is possible in many cases if you act quickly. Chargebacks or crypto-tracing may help.
Q3. Why is Eagle Trade Broker considered risky?
Because it operates without regulatory oversight, offers guaranteed profit claims, and has multiple withdrawal complaints.
Q4. How can I know whether a broker is authentic or not?
Verify the licence number directly on the official regulator’s website (e.g., FCA, ASIC, SEC).
Q5. What should I do if Eagle Trade Broker blocks my withdrawals?
Stop depositing more money, collect evidence, contact your bank, and seek expert help.
About Scams Report
Scams Report is an independent organization that exposes online investment frauds and helps victims recover lost money. Our experts have over a decade of experience tracking scam websites and maintaining a live database of fraudulent brokers.
We publish verified scam alerts, broker reviews, and recovery resources to protect traders worldwide and promote financial awareness.
Our Social Pages
Disclaimer: Online reports, user reviews, and publicly accessible data served as the foundation for this analysis. It is meant to be educational. Before investing with any broker, always do extensive research.
Leave a Reply
You must be logged in to post a comment.