EverFx review and test – Is it a scam or not?
Table of Contents
Review: | Regulation: | Demo account: | Minimum deposit: | Spreads; |
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(3.8 / 5) | CySEC (Cyprus), FSA (Seychelles), CIMA (Cayman) | Yes, free | $ 250 | From 0.0 pips and $ 6 commission (depending on the account type) |
Are you looking for the best platform to start your trading journey? This review will help you to be aware you all the technicalities and necessary details. It will help you decide whether to invest or not with the help of its in-depth analysis of EverFx. Let’s read this review carefully, as this review may change your opinion about this online broker.
In this article, we will show you the trading conditions, platforms, fees, and reliability of this forex broker. With more than 8 years of experience in the trading industry, we know exactly how to find a good trading provider. Is it really worth investing your money there? – Find out in this EverFx review.
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms:
(Risk warning: 76% of retail CFD accounts lose money)
Introduction to EverFx – Broker presented:
EverFx is a trading platform that is providing services to its users for more than 7 years. It offers access to 1000s of different trading markets including commodities, indices, forex, and crypto-currencies. The brand is managed by the EverFx Group and has multiple companies in different countries which are regulated by the different financial authorities. Mainly the broker is based in Cyprus but got even licenses in Seychelles or Cayman Islands.
EverFx offers multiple account types for the users and has a very unique interface. The process of deposits and withdrawals is transparent and offers multiple payment methods to the users. The team behind the project is competent and has vibrant customer support to assist the users. Investments can be made into the various major company’s stocks. What is also important to know is that EverFx is the official sponsor of SEVILLA FC.
Facts about the broker:
- International online broker
- Traders from many countries are welcome
- Based in Cyprus, Seychelles, and the Cayman Islands
- Founded in 2013
- Sponsor of Sevilla FC
Is EverFx regulated? – How safe is the platform
Regulations and safety is the most important factor that users pay heed to while choosing the trading platform. EverFx ensures the security and safety of every kind to the users of its platform. Keeping in view the demands of security and regulations from the users, EverFx has regulated its platform under CySEC with license number 301/16, FSA license number 763.771, and CIMA registration number 4256. Hence, it is a safe platform to start a trading journey.
- Regulated by the CySEC (Cyprus)
- Regulated by the FSA (Seychelles)
- Regulated by the CIMA (Cayman Islands)
As you see above the broker is regulated by multiple entities. Furthermore, the broker is using separate bank accounts in Europe to manage customer funds. Only regulated payment methods are accepted where the money can be deposited and withdrawn. Traders who are trading under the CySEC license have insurance up to € 20.000. The website is very safe and encrypted too. You can use a 2-factor-authentification for more safety.
The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
Broker: | Review: | Advantages: | Free account: | ||||||||
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1. Capital.com | (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: (Risk warning: 76% of retail CFD accounts lose money) Test of the trading platform of EverFxAll the trading brokers aim to provide peaceful and smooth trading platforms to the people. EverFx offers multiple trading platforms for users to have a good understanding and do their trading at great ease. At the top left of the bar, there is a multiple options bar like the dashboard, markets, trades, the status of trades, trading central, and copy trading. There is also the option of entering into the lucky draw. The middle of the platform has a search bar of markets, where users can search for their desired market trades. On the top right side, there is a deposit option to deposit the funds. There is a language selection option in the right corner. On scrolling the main page, there are top gainers in the 24 hours and my open orders. Following are the trading platforms offered by the EverFx:
EverFx MT4MT4 is the most popular trading platform that offers a variety of functions at the same moment. This helps the users in making the trading easy for the new traders and users. The platform provides robust security, technical, and fundamental tools for analysis. Social traderSocial trading is the next big thing in the trading market. This platform rules out the process of reliable trading information. With the help of this platform, the users can get to direct talks with skilled traders. Mobile traderEverFx offers a mobile trading app platform that helps users to manage their trades, while they were out and during emergency trading conditions of the market. The mobile application of EverFx is smart and easy to use with all the latest features in it. The application has a size of 16 MB and has downloaded more than 5k. Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) Web-trader statusIt is a most ambitious platform that only a few trading brokers are offering to their users. The platform is like computer software, which users can use to study, position, and track and edit trades. Web trader status platform makes trading easy for new traders. Charting and analysisNo one can deny the importance of charts and technical analysis when it comes to becoming a professional and competent trader. EverFx has kept its promise to the users to help them in teaching trading. The platform has taken great efforts to help its users by making them competent traders by providing access to the technical and fundamental analysis that provides immense help. EverFx provides different types of charts to have a better understanding of selected charts.
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) How to learn trading with Everfx?EverFx has provided great technical knowledge to its users with the help series of services offered to its users. The platform assists the users to help in their trading in the following ways:
Copy-tradingEverFx has provided a great feature of copy trading that helps the new users to copy the trades of experts and take some handsome profit for it. This feature is becoming more and more popular among new traders. Technical and fundamental analysisTechnical and fundamental analysis is the backbone of trading. These analyses and important news help the traders to take necessary precautions while trading. EverFx provides analysis free to their users to help them grow. Newsroom and videosThe platform believes that knowledge is the power that makes people skilled and great. EverFx provides access to important news and educational videos that greatly help the users and have an immense impact on the trading of users. It also provides a basic overview of the platform. Economic calendarEverFx makes people aware of all upcoming and recent major events and developments that can impact the market. Hence, it helps the users to become vigilant in their trading. Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 76% of retail CFD accounts lose money) EverFx academyEverFx academy assists users by commencing trader’s improvements sessions. The platform provides live guiding trading sessions with top-level traders and experts. Trading centralTrading Central provides immense help in facilitating users. It helps the users in getting financial advice and better investment opportunities and beneficial trading techniques. Opening account at EverfxThe account creating method of the EverFx is a reliable and easy one. It takes a few steps to create an account and start the trading by following simple steps. The users need to enter their names, valid email, mobile phone number, country selection, and if any promo code for the bonus can be entered while creating the account. The user has to check the terms and conditions and is not a resident of the US for tax purposes. After logging into the account, the users need to give proof of identity and have to verify their addresses. The users can get access to all the features after verification of the profile. The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
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