EVERFX

General Information & Regulation

Founded in 2016, EverFX is an international online trading broker offering individuals and institutional clients 6 major asset classes, over 130 tradable instruments. EverFX is currently regulated by the Cyprus Securities and Exchange Commission (Regulation No. 301/16), as well as the Seychelles Financial Services Commission and the Cayman Islands Monetary Authority offshore.

Markets Instruments

EverFX offers investors access to the most popular tradable instruments in the financial markets, mainly Forex, stocks, indices, energies, metals, commodities, and cryptocurrencies.

EverFX Minimum Deposit

Three account types are listed on EverFX platform: Standard, Premium and VIP. The minimum initial deposit to start a standard account is from €100, affordable for most regular traders to have a try. The bad news is that the intial deposit for the premium and VIP accounts soars to €5,000 and € 30,000 respectively, sound not good options for inexperienced traders.

EverFX Leverage

The maximum trading leverage available on EverFx platform is up to 1:500 for Entry and Standard accounts, 1:400 for Premium accounts, and 1:200 for VIP accounts.

Spreads & Commissions

The minimum spread starts from 1.4 pips on EURUSD for Entry accounts, 1.1 pips on EURUSD for Standard accounts, 0.9 pips on GBPUSD, 2.3 pips on Gold, and 3.3 pips on Silver. The minimum spread for the Premium account is 0.7 pips for EURUSD, 0.8 pips for GBPUSD, 2.5 pips for Gold and 3.0 pips for Silver, while the minimum spread for the VIP account is 0.0 pips for EURUSD, 0.1 pips for GBPUSD, 1.7 pips for Gold and 1.7 pips for Silver. No commission is charged for Forex and metals trading on Entry, Standard, and Premium accounts, while VIP accounts are subject to a fee of $4 per lot.

Trading Platform

EverFX offers traders the market-leading and highly acclaimed MT4 trading platform, which has the features traders need regardless of their trading style and timeline. MT4 trading platform is customizable, supports algorithmic trading, and is available for desktop, web, Android, and Apple.

Deposit & Withdrawal

EverFX offers a wide range deposit and withdrawal methods, including VISA & MasterCard (for EUR, USD, GBP, no commission for deposits and 3% commission for withdrawals, minimum $3 ), NETELLER, Skrill (for USD, EUR, GBP and AUD, no commission for deposits and 3% commission for withdrawals via NETELLER) and Skrill (for USD, EUR, GBP and AUD, no commission for deposits and 3% commission for withdrawals via NETELLER), GLOBPAY (supporting EUR, USD and GBP, no commission for deposit), Dragonpay (supporting PHP, no commission for deposit, commission for withdrawal depends on the respective bank and intermediary bank), PayR (supports USD, commission for withdrawal depends on the respective bank and intermediary fees), Bank Transfer (no commission for deposits, commission for withdrawals depends on the bank and intermediary bank).

Customer Support

EverFX offers very basic customer support, with only an online query submission form, and no direct phone line or live chat option available.