EverFX Quick reference
The broker is registered in the Cayman Islands. It has got this offshore regulator license, or it is better to say - bought it. The fact is that although the Cayman Islands Monetary Authority was created on a state initiative for budget replenishment, it has no tangible leverage over brokers. And it is not bothered with protecting the rights of traders. The CIMA license, being already decorative, is worthless outside the island offshore.It does not prevent EverFX from positioning itself as an international company and promoting its services away from their native islands.
It offers access to the following markets:
- precious metals
It uses solutions that have already become classic for the industry, without their own development:
- WebTrader Status
EverFX trading accounts
Initial: from $ 250. Spread from 1.5 ticks, leverage up to 1: 500.
Standard: deposit from $ 2500. The minimum spread is from 1.2, the leverage is similar. Access to analytics is provided.
Premium: from 10 thousand $. Here the minimum spreads are from 0.8, and the leverage is already up to 1: 400. A customer is provided with a personal manager and the opportunity to conduct a session with a professional analyst once a month.
VIP: from 50 thousand $. The minimum leverage for holders of such a deposit is 1: 200; spreads may not be charged at all.For such a client, EverFX experts suggest developing individual trading strategies and a business plan.
Bonuses also become more generous depending on the size of the deposit. However, you need to read carefully the terms of the loyalty program - it traditionally has a lot of nuances and reservations.
How to deposit and withdraw
- Bank transfers. The broker offers several financial institutions in which there will be no commission. If you prefer others - it is recommended to specify how much the services of the selected bank will cost.
- Visa Masterkard cards, without commission.
- Trio and PayTrust88 e-wallets. They are also free of charge.
Conclusions about EverFX
We give this broker below average ratings. The registration in the island offshore and the youth of the company are especially embarrassing. The site was launched only in 2019. If the broker demonstrates a few more years of honest work, the level of traders` trust will be higher.