Eclipse Trading Online has been flagged by ASIC (Australia) for "Imposter". Addresses: 2nd Floor 1 Cornet Street St Peter Port Guernsey GY1 1BZ This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.eclipsetrading.online.
If you are reading this considering Eclipse Trading Online - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over for the past year and a half has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Quick verification|Excellent charting|Social trading features
Cons: Account statements could be more detailed
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Eclipse Trading Online said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Reliable uptime|Full transparency|Responsive team|Social trading features
Cons: Slow to add new assets
The mobile app from Eclipse Trading Online is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Tax reports included|Smooth onboarding|Segregated accounts|Clean UI
Cons: No phone support on weekends|Wish they had more educational resources
After spending since last summer trying to make Eclipse Trading Online work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Excellent charting|Responsive team|Multiple order types|Low minimum deposit
Cons: Minor UI glitches occasionally|Minimum deposit could be lower
I opened an account with Eclipse Trading Online for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Easy to use platform|Multi-currency support|Regular platform improvements
Cons: No dark mode on mobile
I found Eclipse Trading Online through my accountant's suggestion and the initial impression was positive. But for the past six months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Segregated accounts|Stable platform
Cons: Charting tools need more indicators
Eclipse Trading Online locked my account without warning and demanded documents I had already submitted. for about three months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Two-factor authentication|Responsive team|Clean UI|Tax reports included
Cons: Cannot customize dashboard fully
The hidden fees at Eclipse Trading Online are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Detailed reporting|Intuitive for beginners
Cons: Nothing significant|No fractional shares
Do not use Eclipse Trading Online for anything serious. I used them for just over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Social trading features|Stable platform|Educational resources
Cons: Desktop app not available on Linux
The only good thing about Eclipse Trading Online is that they remind you why regulation matters. I found them after a friend recommended them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Customizable dashboard|Good mobile app|Portfolio tracking tools
Cons: Cannot customize dashboard fully|Limited demo account features