EverFX Review

Details

Broker EverFX
Website URL https://everfx.com/
Founded 2016
Headquarters Antheon 2, Monovoliko,, Kato Polemidia, Limassol 4151, Cyprus
Support Number +357 25 885000
Support Types Email, Skype
Languages 7 languages supported
Trading Platform EverFX MT4, Web Trader, Social Trader, Mobile Trader
Minimum 1st Deposit 250
Bonus Deposit Bonus
Leverage Up to 1:500
Spread Fixed/Variable
Free Demo Account Yes
Regulated Yes
Regulation Regulated by CySEC, CIMA, and FSA. Registered with FCA, KNF, AFM, CNVM, and FI
Deposit Methods Credit/Debit card , Bank transfer , E-wallets
Withdrawal Methods Credit/Debit card , Bank transfer , E-wallets
Number of Assets 1,000+
Types of Assets Stocks, Forex, Energies, cryptos, Indices, Metals
US Traders Allowed No
Mobile Trading Yes
Overall Score 99

Owned by ICC Intercertus Capital Ltd, EverFX is a CFD provider authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with license number 301/16. The broker is also licensed by FSA and CIMA while having EEA cross-border registration with UK’s FCA, Spain’s CNVM, Netherlands’ AFM, Sweden’s FI, and Poland’s KNF. With broad regulatory coverage, EverFX can provide services for customers around the world, except residents of certain jurisdictions such as the United States, Belgium, Iran, Canada, or North Korea.

 

EverFX logo

Trading Platform

EverFX is a reputable trading broker, having received several important awards at international events. At the same time, the brand is the main global sponsor of the Spanish soccer club, FC Sevilla. Let’s dig into what the company has to offer and then you can assess whether this is the best CFD broker to work with.

With EverFX, clients can trade on four world-class platforms:

  • EverFX MT4.
  • Web Trader Status.
  • Social Trader.
  • Mobile Trader.

 

EverFX trading platforms

 

The broker is relying heavily on trusted software by MetaQuotes. MT4 is still the most popular trading platform and the most reliable one. The Web Trader is designed in an intuitive & powerful manner and can offer access to the markets anywhere, anytime! With the Social Traders, clients with little or no experience can use the experts’ skills to their advantage by copying trades. 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.

Account Types

At EverFX, clients can choose between several different account types, each with specific benefits. The size of the initial deposit determines which tier your account belongs to, as well as which benefits are available. Clients can shift their account types by increasing the deposit amount.

 

EverFX account types

The most basic account type is Entry and requires a minimum deposit of 250 of any currency. In exchange, traders will be able to trade with up to 1:500 leverage, benefit from a minimum of 1.5 pips spread, and get an up to 30% bonus. At the same time, a personal account manager will offer an intro call to provide assistance with any issue.

For clients able to deposit more money, Standard, Premium, and VIP accounts are also available. Lower spreads, higher deposit bonus, personal account manager, weekly/monthly sessions with a senior market analyst, development of an individual business plan, or ongoing support via Skype are a few of the extra features traders will benefit from. Only Standard, Premium, and VIP account holders, investment research & analytics from Trading Central are available.

Trading Conditions

In terms of trading instruments, clients can choose between a wide range of options that include stocks, forex, energies, cryptos, indices, and metals. There are more than 1,000 different assets available, which means clients will be able to build a portfolio and gain exposure to different markets. It’s important to mention that trading conditions for EverFX clients are different depending on their country of residence.

For clients based in the European Economic Area (EEA), EverFX is compliant with the latest regulation for derivatives and classifies traders as retail or professional. The deposit bonus promotion won’t be available for them. Also, the maximum leverage level will depend on the client type (retail or professional).

At the same time, it’s worth mentioning EverFX is providing access to a comprehensive Academy, where registered clients will benefit from live webinars, personal tutoring, trading courses, and plenty of other educational resources. Broadly speaking, the company has about everything a CFD broker should offer in 2020.

Customer Support

EverFX provides 24/5 customer support mainly via email. Anyone interested to find more information about the company can send a message through the contact us page available on the official website. Ongoing support via Skype is available for Premium and VIP account holders. At the same time, personal account managers or dedicated personal account managers will be available at any point during the trading days to assist. The main downside is that the company did not provide any phone number and does not have a live chat feature.

Summary

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. MT4 is the main platform available and also, the Social Trader is a special feature that enables traders to use the experts’ trading skills in their favor. We believe it’s safe to trade with this broker, thanks to its solid regulatory background. If you want to know more about what it can offer, feel free to visit everfx.com.

 

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