Echo Ion Reels are the best fly reel under $100 that we have found. The Echo Ion Fly Reels are made of cast aluminum and then machined to help give them some of the benefits of fully machined reels. Coming in a capable range of sizes, the Echo Ion Fly Reels will have you covered from fly fishing trout to casting two-handed rods while fly fishing steelhead. Although these fly fishing reels are designed primarily for freshwater fly fishing, they can be used during saltwater fishing as long as extra attention is taken to clean and lube the reel after each day of use. The Echo Ion Fly Reel is really an excellent fly fishing reel.
Echo Ion Reels Features:
Maintenance-free Rulon disc drag with low start-up resistance
Backlash-free, instant drag reaction from one-way roller clutch bearing
Positive position click drag knob
Lightweight, hybrid design balances with lighter rods
I was intending to purchase a reel that was made here in the US. While I would have liked to do that, I couldn't justify spending $500 for a fly reel. Instead, I bought this Echo reel. I am very impressed. I like to large arbor, I also like the easy to adjust drag and I really can't find any problems with it. Quite a good value for the buck.