Eclipse Macro
Pros and Cons
Pros
- Diverse trading instruments including forex pairs, gold, and cryptocurrencies
- No minimum deposit requirement
- Demo accounts available for practice trading
- 24/7 customer support via email
- No platform deposit fees for traders
Cons
- Not regulated by any recognized financial authority
- Lack of specific measures for client fund protection
- No access to popular trading platforms like MT4 or MT5
- Limited educational resources for traders
- Withdrawal fees of 2% on the withdrawal amount
Basic Information
User Reviews
Eclipse Macro Overview
Eclipse Macro is a forex broker registered in the United States, operating for a period of 2 to 5 years. The broker does not hold any regulatory licenses, which is an important consideration for potential traders seeking to engage in trading activities with regulated firms. This lack of regulation means that traders should exercise caution and conduct thorough research before engaging with this broker to understand the associated risks.
Is Eclipse Macro Safe? Regulation Analysis
Regulatory Information
Eclipse Macro is a forex broker registered in the United States but is not regulated by any recognized financial authority. This absence of regulation is a significant factor for traders to consider, as it indicates a lack of oversight and potential investor protection. Trading with an unregulated broker like Eclipse Macro carries inherent risks, including a higher likelihood of fraud and limited recourse in the event of disputes or issues with the broker.
Is Eclipse Macro Regulated and How Are Client Funds Protected?
The broker does not provide any specific measures for the protection of client funds, as it operates without regulatory oversight. Potential traders should be aware that trading with an unregulated broker could expose them to various risks, including the absence of investor protection mechanisms that are typically enforced by regulatory authorities.
Trading Products and Services
What Trading Instruments Does Eclipse Macro Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major, Minor, Exotic Pairs | Many |
| Commodities | Gold | Varies |
| Indices | Various Indices | Varies |
| Stocks | N/A | |
| Cryptocurrencies | BTC, ETH, and others | Many |
Eclipse Macro presents a diverse array of trading instruments, specifically in the forex market, which includes major, minor, and exotic currency pairs. This variety caters to different types of traders, from beginners exploring forex trading to seasoned professionals looking for advanced trading opportunities. Additionally, the inclusion of commodities like gold and several cryptocurrencies offers further options for portfolio diversification, allowing traders to implement flexible strategies suited to their individual investment goals. By supporting multiple asset categories, Eclipse Macro provides users the ability to adapt their trading approach, enhancing their overall trading experience.
Account Types and Trading Conditions
What Account Types and Fees Does Eclipse Macro Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Access to a range of forex pairs and commodities | Suitable for small-capital practice |
| Professional Account | Experienced traders | Potential for higher leverage and advanced trading tools | Requires verification of trading experience |
| Demo Account | All traders | Practice trading without real capital | Useful for testing strategies |
Account Opening Process
To open an account with Eclipse Macro, potential clients need to follow several steps. Firstly, they must provide personal information, including their name, email address, and contact details. Next, employment and financial information will be requested to assess the applicant’s trading experience and financial capabilities. Identity verification is also required, which involves submitting identification documents and proof of address. This process ensures compliance with necessary regulations. Additionally, there is flexibility in account types, allowing users to upgrade to a professional account later if they meet the qualifications.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 | Generally competitive spreads |
| Forex (Minor Pairs) | Varies | $0 | Spreads may be wider |
| CFDs (Indices) | Varies | $0 | Reflects market conditions |
| CFDs (Commodities) | Varies | $0 | Includes gold |
| Cryptos (BTC/USD) | Varies | $0 | Dependent on market volatility |
Other Fees
Traders should be aware of various fees associated with their accounts. These may include deposit and withdrawal fees, which can apply to specific payment methods. Additionally, an inactivity fee may be charged if an account remains dormant for an extended period. Platform usage fees may apply depending on the tools utilized by the trader. Overnight interest, also known as swap rates, may be incurred for positions held overnight, and currency conversion fees may apply for trades involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Eclipse Macro Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS, iOS, Android | Secure login, market search, multiple order types, price alerts, technical indicators | Demo accounts available |
| Web Version | Any device with internet access | Secure login, symbol lookup, one-click trading, price alerts | No additional services specified |
| Mobile App | iOS, Android | Secure login, market search, push notifications, economic calendar | Demo accounts available |
Eclipse Macro offers a range of trading platforms, including MT4, a web version, and a mobile app, catering to different trading preferences. MT4 is particularly advantageous for traders seeking a robust platform with advanced tools, while the mobile app enables convenient trading on the go. The web version provides accessibility from any device, ensuring flexibility in trading operations.
All platforms emphasize security through secure login features and offer efficient market search tools, helping traders stay informed. The availability of demo accounts across platforms enhances the trading experience, allowing users to practice and refine their strategies without financial risk.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min $100, Max $15,000/day | USD |
| Credit/Debit Card | Instant | No platform fee | Min $50, Max $10,000/day | USD |
| E-wallet (e.g., PayPal) | Instant | 1.5% charge | Min $50, Max $5,000/day | USD |
Minimum Deposit
The minimum deposit requirement for Eclipse Macro is $50. This amount is consistent across various payment methods and account types, making it accessible for beginners and casual traders.
How to Withdraw
- Log in to your Eclipse Macro account.
- Navigate to the ‘Withdrawal’ section of the platform.
- Select your preferred payment method.
- Enter the withdrawal amount within the specified limits.
- Confirm your withdrawal request.
- Wait for the processing time to complete; funds will be credited to your chosen payment method.
Customer Support
Eclipse Macro Customer Support Overview
Support Channels
Eclipse Macro provides several contact methods to assist customers effectively. Traders can reach out via email at support@eclipsemacro.com. Currently, there is no live chat or telephone support available, which may limit immediate assistance options. Social media channels are not specified, so email remains the primary method for contacting customer support.
Service Availability
The support service is available 24/7, ensuring that traders can receive help at any time. However, it is important to note that multilingual support options are not mentioned, which may affect non-English speaking clients.
Frequently Asked Questions
No, Eclipse Macro is not regulated by any recognized financial authority, which is an important consideration for potential traders as it indicates a lack of oversight and potential investor protection.
Eclipse Macro offers a diverse array of trading instruments, including major, minor, and exotic forex pairs, commodities like gold, various indices, and several cryptocurrencies such as BTC and ETH.
Eclipse Macro does not provide specific measures for the protection of client funds due to its lack of regulatory oversight. Traders should be aware of the inherent risks associated with trading with an unregulated broker.
Eclipse Macro provides customer support via email at support@eclipsemacro.com, available 24/7. However, there is currently no live chat or telephone support, which may limit immediate assistance options.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.