Eaconomy review – Scam or not?

Eaconomy a scam or a trusted company? – In this review, we will describe our personal experience with the company and then give you a real verdict on the offers. Get the right information about the features and possibilities with Eaconomy. Also, we compare the products and give you tips for investing successfully. Should you invest your money there? – Read about it in the following sections.

The official website of Eaconomy
The official website of Eaconomy

What is the company behind Eaconomy?

Eaconomy is a UK company with its headquarters at Aldgate Tower, 2 Leman St, Whitechapel, London E1 8FA, UK. According to our research, the company is still fairly new and was launched at the end of 2018. It operates internationally and also has an office in the United States.

The website provides training, signals, and automatic trading systems for Forex Trading. Forex means “currency trading” and it refers to the largest financial market part of the world with more than 6 trillion turnovers per day. Eaconomy is dedicated to providing clients with services and support for this financial market.

Eaconomy does not rely on a traditional marketing model like other companies. Targeted, it allows members to easily recruit new members to the services and build an additional income via a compensation plan. The company benefits from the group dynamics because many satisfied members will recruit new members.

Facts about Eaconomy: 

  • An international company from the UK
  • Offers for Forex Trading
  • Signals, education, automated trading systems
  • The company recruits new customers via MLM (Multi-Level Marketing)
  • Interesting compensation plan for customers

The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:

Broker:Review:Advantages:Free account:
1. Capital.com
5 out of 5 stars (5 / 5)
➔ Read the review
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 3,000+ markets
Live account from $ 20:
Open your free account

(Risk warning: 76% of retail CFD accounts lose money)

Traide Ringer

Traide Ringer is the most popular product of Eaconomy but it is in the beta phase. It is an automated trading software for the platform MetaTrader. You call it Forex Expert Advisor. This program can be installed in the MetaTrader and manage your account. It opens and closes trades automatically. Eaconomy offers different Expert Advisors. They are professionally developed and the company always improves the settings and skills of the EA.

Eaconomy Traide Ringer
Eaconomy Traide Ringer

On the internet, you will find a lot of different trading accounts that are managed by the Expert Advisors of Eaconomy. Some of the are highly profitable. You can see it on MyFxbook. This is a website that is tracking all trades and orders of the trading account. (In the next section we will show you more.

  • Expert advisors for Forex Trading
  • Automated trading
  • You can set your own risk with the EA
  • Available for the MetaTrader trading software
  • Proven to be profitable

What is the price of Eaconomy?

Eaconomy costs $247 including setup fees for the first month and $169 for each additional month. Payment can be made conveniently by credit card and other methods like online banking. There is no gagging contract or similar behind Eaconomy, as many critics claim. It is not a subscription or contract. Those who recruit new members get eaconomy for free and can earn additional money.

Costs:Payment Methods:Information:Features:
$247 the first month, $169 the next monthsCredit Cards, Online BankingNo automatic subscriptionBring other clients to the company and get the products for free

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 76% of retail CFD accounts lose money)

Is Eaconomy a scam or a pyramid scheme?

Eaconomy is a pure service provider for various offers for the Forex market. The company does not have access to the clients’ capital as it is stored on a personal broker account. In order to use Eaconomy you need a Forex Broker (recommendation below).

There is also no evidence of fraud based on the pricing policy of Eaconomy. The client is not trapped in any contract and can stop using Eaconomy at any time if they do not like the services. Also, the remuneration system of Eaconomy does not show any fraud. Real products are sold here and commissions can be paid out. For example, you can test the product for one month, and if you do not like it you never buy it again.

From our experience and tests, Eaconomy is not a scam:

  • It is a financial service provider
  • There is no automated subscription
  • Eaconomy does not manage the money and funds of customers
  • It is no pyramid scheme because real products are sold by the company

Find a good Forex Broker for Eaconomy

Every trader need a good Forex Broker for investing in the financial markets. The broker should be like a partner who you can trust. In the past, we tested a lot of different brokers and in this section, we will present you with the best 2 MetaTrader brokers for using Eaconomy.

The broker should be fully regulated by a financial authority. In addition, it is important to trade with low fees and commissions in order to make more profit. In the table below you will find 2 top brokers that are providing a lot of different markets to trade with very small commissions. You can use high leverage of up to 1:500 and enjoy professional service for free.

Sign up with one of our recommended brokers if you want to use Eaconomy. Another advantage is that you can test Eaconomy with virtual money. So open a free demo account with the broker and you can practice it. We recommend to every client of Eaconomy to use the products with the demo account first and create a successful investment strategy to make a profit in the long run.

The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:

Broker:Review:Advantages:Free account:
1. Capital.com
5 out of 5 stars (5 / 5)
➔ Read the review
# Spreads from 0.0 pips
# No commissions
# Best platform for beginners
# No hidden fees
# More than 3,000+ markets
Live account from $ 20:
Open your free account

(Risk warning: 76% of retail CFD accounts lose money)

Earn additional money:

Eaconomy offers an extensive affiliate system. First, there is the possibility to get the services of Eaconomy for free with 3 newly recruited members. Beyond that, you can earn additional money.

Access to the extended affiliate system starts at $79 for the first month and $29 for each additional month. There is special access to a new website with events and further assistance in recruiting new customers.

Overview of the different sign-up options when creating an account with eaconomy
Eaconomy sign-up options

From the 4th person on you get a direct commission of $40 per recruited person. Another bonus is paid out if you personally recruit more than 3 people per week. The bonus is 130 – 230$ and can be multiplied if there is more than one customer.

Get a bonus for new members:

  • 3 new customers = 1 bonus per week
  • 6 new customers = 2 bonuses per week
  • 8 new customers = 3 bonuses per week
  • 9 new customers = 4 bonuses per week
  • 10 new customers = 5 bonuses per week

Earn a passive income with the compensation plan

A further remuneration is paid to actively recruit members. You will receive one income or commission per month. The payment takes place weekly and therefore a “13th-month salary” is included. With 30 active members, for example, you already earn $3,000 per month. Take a look at the compensation plan below.

The compensation plan is structured in such a way that your income increases as members of your team recruit additional members. This means that you can continue to earn money from your recruited members. In summary, Eaconomy’s recruiting system is perfect for building up your salary in addition to trading. The customer can decide for himself whether he wants to use it or just use the services of Eaconomy. You can use social media networks like Youtube, Facebook, or Instagram to attract new clients.

Eaconomy compensation plan
Eaconomy compensation plan

Conclusion: Eaconomy shows new offers for forex traders

No matter if you are a beginner or an advanced trader. Eaconomy can help you through the services of trading. From my experience and tests, no fraud can be detected here because a real service is sold by the company.

The products of eaconomy have been professionally designed and offer the client helpful learning material and the right trading strategies. Even for traders who have little time, automatic trading programs are ideal for increasing capital. But be aware of the risks of the financial markets. With a price of $169 per month, Eaconomy’s offer is quite affordable compared to well-known coaches or trading providers.

Another advantage is the compensation plan which is worth recruiting new members. This way you can build up an additional income besides trading. Thanks to Eaconomy’s good products the team will grow quickly and most traders will stay with the services. All in all, it is not a scam like a pyramid scheme where investors are losing funds because the company promises a high return on investment. 

Eaconomy is not a scam. The profit is depending on your trading skills. The price for the software can be expensive but it is depending on your trading capital or MLM advertising. 5 out of 5 stars (5 / 5)

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Experienced Broker since 2013

Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:

(Risk warning: 76% of retail CFD accounts lose money)

FAQ – The most asked questions about Eaconomy :

Can a trader trade on Eaconomy? 

Yes, a trader can trade on Eaconomy, which is a great online trading service platform. Eaconomy is a platform that serves traders just right. It has great customer support, which helps traders when they find themselves in a difficult spot while trading. Besides, Eaconomy also offers several educational resources to traders. So, traders trading on this platform can always improve their trading knowledge. 

How can a trader signup for a trading account with Eaconomy?

A trader can sign up for a trading account with Eaconomy by logging on to its website. There, they will find the ‘signup’ option, clicking on which they can sign up for a trading account. Traders only need to enter their information to get started with trading. 

Is demo testing available with Eaconomy?

Yes, Eaconomy offers a demo trading account to traders. You can use the demo testing feature offered by Eaconomy free of charge. The service is available to traders for 30 days. Besides, they can use the demo account with all the features available on the live trading account. 

What is the minimum deposit amount at Eaconomy?

To use the Eaconomy platform, a trader must fund their trading accounts with an amount their broker stipulates. 

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Last Updated on April 21, 2023 by Res Marty