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EverFX is an international Forex broker founded in Cyprus in 2016 and provides online trading services to retail and institutional traders with access to more than 130 trading instruments across 6 asset classes.
In 2019, broker EverFX signed a sponsorship contract with the Spanish football club Sevilla FC.
Is EverFX a regulated broker?
EverFX is a trademark used by ICC Intercertus Capital Ltd, a Cyprus-registered company regulated by CySEC. The company operates in EU countries in accordance with the MiFID Directive.
An additional legal entity, ICC Intercertus Capital (Cayman) Limited, is located in the Cayman Islands and is registered with CIMA. Another division of EverFX - Aerarium Limited is located in the Seychelles and is regulated by the FSA. Being in an offshore zone, the broker does not prove its reliable status. However, together with regulation from Europe, it makes EverFX a broker that meets regulatory requirements and offers legal terms.
How are you protected?
Customer funds are segregated and separated from the company's funds, as well as insured against the broker's insolvency. Negative balance protection is applied to the Deposit.
What is the maximum leverage in EverFX?
As for leverage levels, they are determined by regulatory restrictions and depend on the choice of legal entity. The European body ESMA has set reduced leverage levels that can offer a maximum of 1: 30 for Forex instruments, 1:10 for commodities and 1: 5 for cryptocurrencies.
However, since EverFX is also represented in the offshore zoneeven in the Cayman Islands and Seychelles, trading with these jurisdictions entitles you to a higher leverage of up to 1:500, but this will always depend also on your place of residence, so be sure to check these details with customer support.
What trading accounts does EverFX offer?
By opening an account with EverFX, you will receive professional trading conditions, fast execution and customer support, as well as a choice between four accounts:
- Entry. An account for novice traders with a minimum Deposit of $ 250 and a spread of 1.5 pips without commissions.
- Standard. Classic account with a minimum Deposit of $ 2500 and a spread of 1.2 pips without commissions.
- Premium. An account for experienced traders with a minimum Deposit of $ 10,000 and a narrow spread of 0.8 pips without commissions.
- VIP. An account for professional traders with a minimum Deposit of $ 50,000, a spread of 0 points and a Commission of$ 6 per lot.
Moreover, Islamic traders can also participate in trading with EverFX, as it is possible to open an account without a swap.
To move to a higher level of the account, you need to top up the Deposit with the specified amount. Please note that trading conditions may vary depending on the jurisdiction you choose.
EverFX trading platforms
EverFX broker provides the popular and reliable MetaTrader 4 trading platform with advanced charting and automated trading capabilities. The broker has also developed its own web-based Status platform for convenient trading around the world from any device.
In addition, EverFX offers another platform – ZuluTrade, the market-leading software for copying trades of professional traders. This social trading feature provides huge opportunities for learning, trading, and making a profit.
The EverFX offer includes such instruments as Forex and CFD currency pairs, stocks of major brands, indices of Europe, Asia, Australia and the United States, metals, commodities and cryptocurrencies.
Deposit replenishment methods
The broker supports instant payment options via Visa and MasterCard with a Commission of 0% for Deposit and 3% for withdrawal, As well as through Skrill and Neteller e-wallets.
What is the minimum Deposit in EverFX?
The minimum Deposit that will allow you to start trading at the initial level of the account is$250.
Thus, EverFX is an international brokerage company with regulation in Europe (CySEC) and registration in the Cayman Islands and Seychelles to expand its services to international traders. EverFX broker provides a variety of types of trading accounts with narrow spreads for traders of different levels of training.
However, before making a final choice, we recommend that you read the reviews of EverFX and see the rating of Forex brokers.
|General information of EverFX|
|Year of Foundation||2016|
|Regulation||CySEC, CIMA, FSA|
|Trading platforms||MT4, Status|
|EURUSD spread||1.5 points|
|The base currency||USD, EUR, GBP|
|Assets||Currency pairs, stocks, indices, metals, commodities|
|Deposit replenishment||BankTransfer, Visa/MasterCard, Skrill, Neteller|
|The fee for withdrawal||+|
|Payment for inactivity||—|
- The year of Foundation 2016
- Head office address Antheon 2, Kato Polemidia, 4151 Limassol, Cyprus
- Maximum leverage 1:500
- Min. Deposit $250
- Regulation CySEC, FSA
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller
- Number of trading instruments 50
- The number of CFD instruments 220
- The number of futures 9
- The number of metals 7