EverFX is a company that has already made a name for itself in the financial market. New brokers promising instant trade execution, a reliable trading environment, minimal spreads, and other advantages are emerging. However, caution should be exercised when choosing a company to collaborate with. Reviewing EverFX will help determine whether it is worth paying attention to this broker or looking for other options.
General Company Information
EverFX is an international online brokerage company that started its operations at the end of 2015. It offers access to over 130 trading instruments from 6 asset classes. The company claims to operate successfully worldwide, focusing on providing reliable and professional services.
On the everfx.com website, you can find information about the company’s location: ICC Intercertus Capital Limited, Antheon 2, Monovoliko, Kato Polemidia Limassol, 4151, Cyprus. The broker is licensed and authorized by CySEC (license number 301/16, registration number HE 346662). Traders are protected by the investor compensation scheme, and CySEC regulation complies with the MiFID (The Markets in Financial Instruments Directive) requirements aimed at increasing transaction transparency.
EverFX Trading Conditions
EverFX offers over 130 instruments and 6 asset classes, including forex, metals, stocks, cryptocurrencies, indices, commodities, and assets. Spreads vary depending on currency pairs and assets, starting from a certain value.
Clients can trade CFDs on indices, metals, commodities, stocks, and cryptocurrencies. EverFX supports three trading platforms: MetaTrader T4, MetaTrader T5, and STATUS. The MetaTrader T4 platform is popular among traders due to its functionality and tools.
Company Account Types
The company has 4 types of accounts: Starter, Standard, Premium, and VIP. Each account type has its own features, including minimum deposit, spreads, leverage, and other conditions.
Client Agreement
The company’s client agreement and privacy policy should be available for review before starting collaboration. EverFX warns about the risks of trading CFDs and urges clients to assess their capabilities before investing funds.
Client Reviews
Various reviews about companies can be found in the financial market. It is important to verify information and trust reliable sources. EverFX has both positive and negative reviews, which may be biased or distorted. Before deciding on collaboration, a more in-depth analysis and verification should be conducted.
It is important to remember that the company’s activities involve certain risks, and traders should be cautious when choosing a partner for collaboration.
My experience with EverFX had been nothing short of a nightmare. I began dealing with them believing they were a new, promising broker. However, their customer service left much to be desired. My emails and calls were often ignored and even when I could reach out to them, their ability to fix the problem was lacking. The staff seemed to lack proper training and knowledge about critical matters. The trading platform experienced extended downtime with no clear explanation, blocking me from timely transactions. Hidden charges and exorbitant withdrawal fees were a shocking surprise. My funds took an inordinately long period to be received – causing much inconvenience. Due to such poor service and irresponsible handling of my portfolio, I faced multiple setbacks. Sadly, my expectations for a healthy and productive cooperation with EverFX were gravely disappointed and as such, I would not recommend them to anyone else.