Evolve Markets

Evolve Markets is a Forex broker founded in 2016 and located in Saint Vincent and the Grenadines. The company accepts deposits (and allows withdrawals) only in the form of cryptocurrency. The Evolve Markets broker accepts clients from all over the world, with the exception of the United States and some jurisdictions.

Evolve Markets-a regulated broker?

Evolve Markets is an offshore Forex, CFD and cryptocurrency broker founded in 2016. It is registered in the popular offshore jurisdiction of Saint Vincent and the Grenadines.

The broker differs from other more traditional Forex brokers in that it accepts deposits only in popular cryptocurrencies-BTC, LTC, ETH and USDT, thereby offering almost instant deposits and withdrawals. However, the broker is not regulated by any financial regulator, but this also means that the broker can offer higher leverage and has the flexibility to work with cryptocurrencies.

How are you protected?

The Evolve Markets broker pays great attention to the safe storage of cryptocurrencies. All incoming deposits end up in cold storage. Security on the site is provided by two-factor authentication.

What is the maximum leverage in Evolve Markets?

For Forex, the available leverage is up to 1:1000 and up to 1:500 for commodities and indices. When trading cryptocurrency, the leverage is up to 1:100, which definitely provides an increase in the potential profit of the trader compared to the products of cryptocurrency trading without the use of borrowed funds, usually available from others cryptocurrency exchanges. As is the case with other cryptocurrency brokers and exchanges, cryptocurrency trading with Evolve Markets is open 24 hours a day, 7 days a week.

Trading instruments

Evolve Markets offers its clients a choice of more than 50 currency pairs in addition to cryptocurrency CFDs, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Ripple (XRP). Other available trading instruments include CFDs on popular metals, as well as oil, natural gas and various global stock indices.

Commissions and spreads

Evolve Markets Broker offers low commissions and spreads on all its products.

Evolve Markets Trading Platforms

As for trading platforms, Evolve Markets offers all clients access to its own Evolve Webtrader trading platform. The platform is a browser-based online trading terminal that offers access to markets with charts and TradingView tools available to traders. Evolve Markets also offers its customers a choice between the classic MetaTrader 4 and 5 platforms, as well as the standard web and mobile versions of the same platform. The Evolve Webtrader and MT5 trading platforms offer a wider range of cryptocurrencies.

What is the minimum deposit in Evolve Markets?

To start working with Evolve Markets, you do not need a minimumcash deposit. The company also takes care that deposits are automatically credited to the client's trading account after 1 confirmation of the blockchain. There is no commission for depositing and withdrawing funds.

Conclusions

Evolve Markets is an offshore Forex broker registered in Saint Vincent and the Grenadines in 2016. This is a unique broker, since you can only top up your account and withdraw funds in cryptocurrency. Among the disadvantages, it is almost not regulated by anyone, however, like all cryptocurrency exchanges. Among the advantages, it has a high leverage, round-the-clock trading 7 days a week, low commissions and no minimum deposit.

Before choosing a broker, we recommend that you read the reviews of Evolve Markets, as well as see our rating of Forex brokers.