EverFX App offers trading in 1000+ Currencies, Stocks, and Indices & Commodities. Lastly, we also appreciate the fact that even though EverFX does operate largely offshore, its Cayman Islands-based branch is still regulated by a credible government agency. Finding a trustworthy broker for trading requires careful consideration and research. Start by checking if the broker is regulated by reputable authorities. If you need assistance finding a secure broker, please contact us for a free consultation. If you suspect you have been scammed by EverFX or any other broker, it’s crucial to gather evidence and seek advice from professionals.

This guide can help you to learn whether EverFX is a good match for your investments or not. We have tried to breakdown all the qualities and fees for your convenience. All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. This EverFX review page contains information about investing with EverFX. It is intended for educational purposes only and should never be considered financial advice.

Does EverFX offer Live Chat customer support?

However, this does not mean that online brokers don’t charge any fees. They charge prices of varying rates for various services to make money. EverFX is honest, transparent, and also a well-regulated broker by the Cayman Islands Monetary Authority (CIMA). Their outstanding variety of resources will be beneficial for the majority of traders.

Does EverFX accept US traders?

MetaTrader4 is one of the most popular in the industry, owing to its streamlined and fast execution, with multiple charting tools across a variety of asset classes. The platform provides a number of custom indicators and other tools which make it the platform of choice for beginner and advanced traders alike. Ultimately, deciding which leverage level to choose depends on the individual trading strategy and the actual vision of upcoming market moves. To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level.

What is Crystal Forex Trading Is Legit or Safe?

Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. EverFx has the vision to expand more and deliver quality services to its users.

Mobile App: Trading on the Go

It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services. Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital. It supports over 10,000+ registered customers and over 17 years of experience on its record. They are one of the world’s top trading platforms and a dominant figure in the Fintech revolution. EverFX provides demo accounts for the convenience of new everfx review traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.

SSL encryption simplifies each user’s personal information as well. EverFX also features excellent trading conditions which are readily available to all and not only an elite class of institutional clients. The tight spreads and quick executions are a fantastic advantage for all traders. The technology embraced by EverFX is among the maximum caliber, making sure that it’s fast, dependable, and effective. The trader resource section at EverFX is very comprehensive for new dealers as it allows them to have a closer look at the financial markets.

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. Web Trader – it also offers a web Trader platform that has all the features of MetaTrader4 and can be accessed without having to download it. The Status platform has further been featured in publications like Finance Magnates, and it appears to have received at least some praise from the forex trading community since its launch. Always look at platforms like Trustpilot to make an informed decision. The terms and conditions of these should, however, be clearly understood. It’s crucial to note that EverFX faced a ban on their services from the UK’s FCA regulator.

You should never invest money that you cannot afford to lose. In addition, the EverFX offers another great possibility ZuluTrade, which is a market leading copy portfolio software allowing either to copy professional traders or to become one. This opportunity is an amazing social trading feature, which brings vast possibilities to learn, trade and profit from it.

Besides, the broker may support auto-trading functionality, enabling users to automate their trading strategies. However, it’s imperative to note that certain EverFX reviews highlight potential issues. While the platforms themselves are reliable, users have reported concerns. It is wise to consider these reviews and perform due diligence when selecting the most suitable trading platform.

• This EverFX review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
• EverFX protects its clients’ personal and sensitive data under SSL encryption.
• Please be warned to stay away from EverFx Account Managers like Toba Ade, Senior Account Manager and Vincent Akom.
• 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.

Inexperienced traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account. 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.

• EverFX is an acclaimed fintech company, which operates with transparency.
• In this regard, the most accessible option is the Standard Account.
• Selecting the right broker is vital for your EverFX investments to prosper.

Technical support is particularly important in order to help traders control their funds and navigate the platforms efficiently. Decent customer support should also mean queries are handled quickly and properly resolved. EverFX offers very basic customer support, with only an online query submission form, and no direct phone line or live chat option available. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. In this regard, the most accessible option is the Standard Account.