It also provides segregated accounts to protect the trader’s funds and is adhered to the regulations of CySEC and follows strict cybersecurity and trader’s fund’s protection. The traders can access the EverFX Website 24X7 and access its services. The trading hour of EverFX depends upon the market trading hours. The account offers –personal account manager, Trading central, exclusive strategies, weekly sessions with senior market analysts, etc. EverFX offers various types of offers and deals from time to time including referral offers, Forex trading contests, and Trading Bonuses & Rewards. It is important to know about what all options to deposit and withdraw funds are available while opening a trading account.
While opening an account with EverFX you will receive professional trading conditions, fast execution and customer support along with a choice between three accounts Standard, Premium and VIP. All 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 fxtm review of trades, trading central, and copy trading. EverFx offers multiple account types for the users and has a very unique interface.
- It follows the regulations and licensing standards of these authorities and assures absolute safety and security of its clients.
- The VIP account holders are liable to pay the commission charges ranging from $2 to $6 per lot depending upon the size of the trade.
- Generally, EverFX does not charge high fees compared to other online brokers.
- What is also important to know is that EverFx is the official sponsor of SEVILLA FC.
- This means not every available option may be featured on this page.
Hence, EverFx is a Good platform to learn and earn through the various services it offers to the users. EverFx 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.
Any processing fees from your bank might have to be incurred by you. The reason that EverFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, EverFX has to be careful that they don’t breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, EverFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. In addition, the withdrawn money will be moved directly to the account you use to make deposits.
Does EverFX offer negative balance protection?
Additional features of this account are- Personal Account Manager, 100 % bonus, Trading Central, and monthly session with the senior market analyst. The four accounts it offers are – Entry account, Standard account, Premium account, VIP account. Also, it follows the regulations and licensing standards of these authorities and hence ensures the complete safety and security of its clients. The traders also get benefitted from free MT4 VPS, 100 % rebate bonus, gift points that users can collect to spend on gadgets like smartwatches, tablets, and smartphones, 10 % interest rate.
This EverFX review page contains information about investing with EverFX. It is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell securities or stocks. Each of them features differences between balance maintenance and applicable costs.
Deposits and withdrawals are important features in the trader’s life. The platform provides instant deposits and withdrawals as per the demands of the users. Deposits and withdrawals conditions are different for different types of accounts. All trading accounts with EverFX can be funded with the standard funding options such as Visa and MasterCard, Neteller, Skrill, and regular bank wire transfers.
This is highly disadvantageous for consumers on these platforms. Nonetheless, this is more prevalent in the example of Market Maker agents who compete with users on the stage. EverFX is fair, transparent, and also a well-regulated broker by the Cayman Islands Monetary Authority (CIMA). Their outstanding array of resources will be beneficial for most traders.
Customer support
We are also a community of traders that support each other on our daily trading journey. You simply need to finish a single-user profile survey to start depositing money into your trading account. You’ll have to provide an identity evidence and proof of residency to deposit substantial amounts. But, non-trading fees charged by EverFX are comparatively higher.
EverFx free demo account is offered
Although forex brokers generally assign clients to the branch they belong to geographically, i.e. European traders are assigned to the Cyprus-based branch, EverFX has made an exception here. TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes. We review and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns that we come across.
Standard account
They have around 218 employees that help the company offer Financial Markets Access, to 10,000+ customers through MT4,iOS,MacBook,iPhone. The most unique aspect of EVERFX seems to be the Status Platform which is one we haven’t seen before. This platform is a web-based solution that integrates charts, news, signals and social trading capabilities within a single platform. The Status Platform is available for mobile (Android, iOS) and desktop trading.Traders who are more comfortable with the tried and true can use the MetaTrader 4 platform. But very pleased with the conditions and quality of services.
EverFX acknowledges the importance of having a quick order execution. A fast execution will allow users to exchange without fretting about slippage safely. Of course, there is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a common misconception that all agents are exactly the same, but that is not correct.
However, based on our finds Cyprus regulated mothercompany ICC Intercertus Capital Ltd now operates new brand Axiance. You may see below an example of some spreads and conditions on rollover below. The software developed to satisfy almost any demand enables to trade from any location at anytime by the designed applications suited to any device. xm group review However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page. EverFX understands the value of the client’s time and dedication to solve the client’s problems.
EverFX Guide – Read our In-Depth EverFX Review
We were unable to find many online reviews due to the infancy of the company and while this isn’t necessarily a bad sign, it’s definitely something to keep in mind. Nevertheless, the offerings that are present on the site look promising. EVERFX offers extensive training and educational opportunities including videos, eBooks and webinars. Perhaps most importantly, the company offers free 1 on 1 training with a trading professional for three 40-minute sessions. The website boasts that customer service is available by phone 24/5, though we didn’t test this during our EVERFX review. Industry standards in online trading require a powerful platform to execute orders, thus the EverFX decided to mainstay at the market leader – MetaTrader4.