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EverFx is a very new brokerage, but my first impression is quite good. EverFx offers extensive educational opportunities including videos, webinars and eBooks. I think company is reliable, all clients funds are held in segregated accounts and are kept by the company separate from its own funds. If you find this EverFX review helpful, be sure to share it with your loved ones so they don’t fall into this type of scam. If you encounter the next one on EverFX, you are likely to be scammed or involved in a scam.
I understand that you need a client for your business but damn, you guys are so pushy. When I told you that I am not interested in this broker anymore they start arguing. Please be warned to stay away from EverFx Account Managers like Toba Ade, Senior Account Manager and Vincent Akom. They are not competent and gambles with your money until your account is empty. Opened a Trade account with some funds u had in savings earning absolutely nothing. Due of a lack professionnalism and manipulate behavior, i’ve lost my money.
Investors should always remember that the scammers don’t have any right to take away their funds with illegal ways and hence, it is their responsibility to fight for it and get it back from the scammers. All Scam Reports Team is here to help you out in this situation of fund recovery. All you need to do is to fill a small complaint form and we will be in touch with you shortly with a Free consultation. Trade on CFDs on global stocks, forex, commodities and more with unmatched technical analysis, expert advice and live newsfeeds.
All methods should be fast and efficient, which is sometimes not the case with this broker. The most important thing you want to find out about your broker is how safe it is to actually trade with it. Even if it offers no spreads and commissions and comes with the highest leverage rates, if it doesn’t ensure your safety in the market, the broker can easily undermine currency trading for dummies your financial stability. In addition to the retail accounts, EverFX also lets you choose a demo account. To be fair, there’s nothing wrong about this offering, yet it’s also not something to be impressed about. Almost every broker features a demo trading platform on their website and it’s not some legendary undertaking to improve our EverFX opinion.
The European Securities and Markets Authority , the EU’s securities markets regulator, has issued an opinion on product intervention measures communicated by The Netherlands Authority for the Financial Markets for Turbos. Turbos are high-risk leveraged products with which investors speculate that the prices of the underlying asset, such as a share, an index or a currency, will rise or fall. They are popular with retail traders in certain jurisdictions in Europe. The sale of CFDs is already subject to restrictions that decrease the risks for retail investors. As we reported back in December, the restrictions proposed by the AFM for Turbos are similar to those applying to the sale of CFDs. There are 3 account types available at EverFX which are based on the trader’s experience and trading strategy.
Concern regarding the company’s regulation surrounded its offshore status in recent years, which compelled the company to restructure its regulation to come under the authority of European regulators. EverFX is a very new broker, which was established in 2016 by ICC Intercertus Capital Limited. The company has headquarters in Limassol, Cyprus, and global headquarters in the Grand Cayman Islands. As for the actual trading process, we have noted that EverFX boasts some pretty impressive trading terms and conditions, or at least that’s how it seems from the outside.
EverFX minimum deposit is $250 which is fine especially for novices who prefer to start with a lower capital investment. For withdrawals, all the methods mentioned above are available too, but the processing time is one business day for all of these. For clients based in the European Economic Area , EverFX is compliant with the latest regulation for derivatives and classifies traders as retail or professional. Also, the maximum leverage level will depend on the client type .
Obviously, EverFX did not do any of the above, and can not even be regarded as a broker, but just a scam in the foreign exchange market. EverFX hides most of the trading conditions and raises suspicion. In summary, regardless of the trading conditions provided by EverFX, we do not recommend that you trade with it, because it is not regulated and may be a scam. He can cause huge losses to his customers, so in our opinion, he is a potential liar.
Markets, Products, and Instruments
EverFX’s proprietary Status platform is designed to be user-friendly and simple, with ready-to-use tools and symbols that can be accessed from any device. Usually, the Forex bonuses are an exclusive or seasonal special offer. In general, Forex bonus types are also known by the name of a promotion. EverFX operates both in the Cayman Islands and out of Cyprus, and so the leverage level offered will differ depending on the regional jurisdiction. Depositing funds with EverFX can be done through a variety of methods and is processed almost immediately. The initial deposit requirement for opening an account with EverFX will be determined by the tier of the account, which in turn provides different benefits.
Incentives are an obligatory element in the trading business, and EverFX also uses various forms of promotions and rewards to entice the traders to join their company. However, in our expert EverFX opinion, it is evident that this broker simply does not offer enough in this department, and that prospective investors should look elsewhere for high-quality bonuses. The so-called “zero-cost trading” and a “refer-a-friend” city index review feature are the only available options, and this area needs improvement as soon as possible. Most brokers have accounts that differ depending on the amount of money being traded. They can also offer perks such as lower commissions or spreads for high-volume traders. Some brokers may provide a wide variety of trading products, while other brokers may specialize in one area, such as foreign exchange.
EverFX MetaTrader 4 Desktop
Due to lack of information and unregulated EverFX, funds are not safe. According to reports, some unregulated brokers deceive people. The broker provides you with several platforms to access and access various instruments for trading purposes. The broker login portal will give you access to all your account details, as well as other tools and resources you need to trade. Some brokers may offer a wide variety of trading products, while other brokers may specialize in one area, such as foreign exchange.
This FRAUD called me on the 30th April 2021 and honestly he is a trained ass to manipulate people to trust him and this company. He said he will guide me through, take care of my acc and make sure I earn an estimate of $5000 a month. His next move was to convince me to add more funds to my acc which is $5000 because he said with just $250 , it will take a very long time to get profit.
And then took £27.50 of it for no reason I didn’t do a single transaction and still decided their commission. Dont even think to invest here i invested 2000 E and i was adviced by a coach where to invest and i lost it all do yourself a favor do not invest there. I managed to get £700 out and my account which was automatically closed due to them not being allowed to trade in the UK. They also allow you to cancel withdrawals but not deposits. I use there service it’s good.There customer service is grate.I recommend it for all people. We use dedicated people and clever technology to safeguard our platform.
The spreads are much lower on the premium in VIP accounts, and they also offer free virtual private servers. Outside of these 2 aspects, I don’t see a major benefit in increasing your deposit size. Based on our analysis, EverFX is a well-regulated CFD broker providing trading services for clients around the world. Traders working with the company can trade a wide selection of assets, including FX, stocks, energies, cryptos, indices, and metals.
Profits are guaranteed, but this should be a great opportunity to find trading ideas from professional traders. The Android and iOS versions of MetaTrader should ensure that clients can access their account from any mobile device. What I liked most about EverFX was that it doesn’t limit its clients with trading conditions. The broker has 3 trading platforms to choose from, quite low spreads and a lot of ways to make a deposit.
Many proprietary platforms of high-quality brokers can provide a great trading experience. Such brokers are only required to provide easy access to trading instruments, but nothing more. The problem with unregulated brokers is that they are untrustworthy and violate the rules. When browsing EverFX, the main problem was that the broker did not provide his physical address in the contact section. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.
Some Forex brokers offer their own custom trading platforms for order processing and research, but many provide order access through integrated trading and research programs. Social links are also displayed on the site, and there is an address in Cyprus which can also serve as a method of contacting this broker house. You can use credit cards, such as VISA or MasterCard, or you can transfer the money with the help of e-wallets or bank wire transfer.
REPORT A TRADING SCAM AND TRACE BITCOIN!
All Scam Reports Team advise the user to avoid investing here, as we have found that EverFX broker is suspicious, and operating without any legal license. There have been proofs of some suspicious activities similar to the signs mentioned in the above points. So it can be concluded that EverFX is a potential scam broker.
Incapable Account Managers
The office is located in Antheon 2, Monovoliko 4, Kato Polemidia, 4151 Limassol, Cyprus, and with registration no. Please note that EverFX does not offer contracts for difference to residents of certain jurisdictions such as the USA, Belgium, Iran, Canada and North Korea. Read our full review to learn more about this promising broker. Allscamreports can have advertising and affiliate relationships with some of the best and trusted recovery companies and may be compensated through them . All Scam Reports is committed to the fair handling of reviews and posts regardless of such relations.
Open your Axiance account & step into the trading world in just a few clicks. If you have any experiences with this brokerage, please leave your comments and questions below the article now. Even though EverFX is a decent broker, it doesn’t mean that the broker is immune to public criticism especially from people who are not pleased with their way of operation. EverFX has stood out among the crowd because they care for their clients in terms of listening to their needs and addressing complaints appropriately.
The company holds an issued license that is operated and maintained with standards of the MiFID European authority. EverFX was founded as a Cyprus Broker, as well as the one who serves entity in Cayman Islands with the principle to provide an equal chance to succeed in the trading world that is built on a strong foundation of knowledge. The broker with its conditions truly ensures that each client receives a good trading environment, innovative platform understanding and ongoing achievement of the targets.
These platforms include MetaTrader 4, MetaTrader 5, and WebTrader. To give the broker some credit, these platforms are more than capable of ensuring a seamless and smooth trading experience. Yet it still doesn’t prove that EverFX is a trustworthy broker.
Complete scam
I was able to get all my money back from everfx scammers after they had refused me withdrawal and kept asking for more fees. If you are still a victim of this scam then i will urge you to use the help of FRAUD RECOVERY INC , they are the financial forensics and cybersecurity experts rubixfx review that helped me. Do not let these everfx fraudsters take your hard earned money away. Of all the services I like most of all the convenient trading terminal and timely analytical reviews, they add something new every day, so I always stay informed about the latest events.
They are always willing to make their clients comfortable while using their platform. EverFX is a reliable broker willing to commit to the highest trading standards to ensure clients can benefit from enhanced trading capabilities. Kindly read this detailed and honest EverFX Review before signing up. ICC Intercertus Capital Limited is authorized and regulated by the Financial Services Authority Seychelles , with license number SD036. These include the segregation of client funds with reputable banks and participation in a Compensation Scheme that covers clients in the case of broker insolvency.
The investors have accused them of being scam brokers and state how they have been victims of the EverFX scam and lost all their money and efforts to them. We can, therefore, say that EverFX’s services are very reliable, and potential clients should definitely take this broker into consideration. We have come to the conclusion that EverFX is a positive suggestion for traders, as opposed to other scam brokers we’ve reviewed in the past. As with currency exchange markets, commodity markets offer different investment opportunities for traders.
Decent customer support should also mean queries are handled quickly and properly resolved. EverFX offers three advanced and popular trading platforms, including the ever-popular MetaTrader4 and MetaTrader5, as well as the WebTrader platform. A trading platform is in essence the software supported by a particular broker in order to execute trades on the Forex market.
Deciding on the right platform is also an important aspect of selecting a suitable broker. Different brokers offer different leverages levels, which are usually determined by the trading conditions provided by a particular broker. To this end, the company works to provide a lucrative trading environment by providing traders with the necessary tools, knowledge, and support to enjoy and excel in their strategies.
All accounts offer Investment research & analytics from Trading Central, except the entry-level account. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. At the time of our review, there were no bonuses being offered by EverFX. In cryptocurrency, the term “trading pairs” describes trade between one type of cryptocurrency and another. However, those traders operating outside of the EU jurisdiction will not enjoy the same level of protection from EverFX.
For instance, the broker supports instant payment options via Visa, MasterCard with 0% commissions for deposits and 3% fee for withdrawal, while E-wallets Skrill, Neteller with 2 and 3% accordingly for withdrawals. Moreover, EverFX powers the MT4 to free VPS hosting, which allows running EAs constantly with no interruptions in a protected environment. Yet, in order to use it for free, the trader should comply with the terms of use. The minimum deposit or maintenance of the account should be 5,000$, otherwise, the clients can claim VPS hosting fee 20$ a month. So I have registered on this website and gave them my phone number. They started calling day after day and try to push me to deposit money and start trading.
Then he said use my credit card again which i can’t so i decided to add $250 and he said that doesn’t make any difference. He did mention that the margin level he already set so that the trade won’t close. I’ve just spent a day and half onto banks trying to get money back for a friend who invested with these people.