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Evolve Markets

Saint Vincent and the Grenadines|5-10 years|
Suspicious Regulatory License|MT4 Full License|High potential risk|

https://evolve.markets/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

EvolveMarkets-MT4 Demo Server

Netherlands
MT4
4

Influence

B

Influence index NO.1

Mexico 4.42

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
EvolveMarkets-MT4 Demo Server MT4
Server Location Netherlands

Influence

Influence

B

Influence index NO.1

Mexico 4.42

Surpassed 29.12% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

info@evolve.markets
https://evolve.markets/
https://twitter.com/evolvemarkets

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

Evolve Markets Ltd

Company Abbreviation

Evolve Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Twitter

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-04-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Evolve Markets · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Information
Registered Country/Region Saint Vincent and the Grenadines
Found 2016
Regulation unregulated
Market Instrument Cryptocurrency, Forex, Indices, Commodities, and Stocks
Account Type N/A
Demo Account yes
Maximum Leverage 1:1000
Spread raw
Commission Vary on the asset class
Trading Platform MT4, MT5, WebTrader
Minimum Deposit $0
Deposit & Withdrawal Method cryptos

Evolve Markets launched in late 2016, founded by a team of early bitcoin adopters and FX brokerage operation veterans. The brokerage takes the traditional brokerage model to the next generation with cryptocurrency for deposit and trade settlement.

Here is the home page of this brokers official site:

home page

Evolve Markets Ltd. is incorporated in St. Vincent & the Grenadines as an International Broker Company with the registration number 23498 IBC 2016. However, they do not carry a regulatory brokerage or financial license in any jurisdiction.

General Information & Regulation

Note: The screenshot date is February 7, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Evolve Markets offer 100+ financial products, mainly divided into leveraged instruments and investment products. Leveraged products include CFD products, Futures, Commodities, and listed options, while investment products include stocks, bonds, ETFs, mutual funds, and managed portfolios.

Market Instruments

Account Types

Apart from demo accounts, Evolve Markets seems to only offer one live trading account type. No minimum deposit required.

Leverage

Trading leverage varies depending on particular instruments. Evolve Markets offer leverage up to 1:1000 on FX, 1:500 on Commodities, 1:50 on Cryptos. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Evolve Markets currently offer one account type that has raw spreads and a small commission fee for trading all instruments on the provided platforms. Specifically, 0.075% for Cryptos, 0.0035% for Forex, 0.0035% for Commodities, and 0.0035% for Indices.

Trading Platform

Evolve Markets trading instruments are accessible via the proprietary Evolve Markets platform, MetaTrader4 and the MetaTrader5 trading terminals. You can choose between using the MetaTrader platform on your desktop or mobile device, or simply use the WebTrader which launches directly in your web browser without needing to download or install any software.

Trading Tools

The Evolve Markets platforms contain an abundance of tools for conducting thorough market analysis. They help to make trading online with the broker an enjoyable experience and should be more than enough to satisfy the needs of even the most demanding traders.

Deposit & Withdrawal

You can deposit cryptos for free, quickly and easily into your Evolve Markets account. You can also withdraw your crypto profits anytime, without any fees and whilst keeping your financial privacy intact. No minimum deposit requirement while the minimum withdrawal amount is 0.005 BTC / LTC.

Deposit & Withdrawal

Customer Support

Evolve Markets‘ customer support can be reached by email: info@evolve.markets. You can also follow this broker on social networks such as Twitter. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
• Wide range of trading assets • No regulation
• Demo accounts available • Only crypto payments offered
• No minimum deposit requirement
• MT4 and MT5 supported

Frequently Asked Questions (FAQs)

Q 1: Is Evolve Markets regulated?
A 1: No. It has been verified that Evolve Markets currently has no valid regulation.
Q 2: Does Evolve Markets offer demo accounts?
A 2: Yes.
Q 3: Does Evolve Markets offer the industry-standard MT4 & MT5?
A 3: Yes. Both MT4 and MT5 are available.
Q 4: What is the minimum deposit for Evolve Markets
A 4: There is no minimum initial deposit requirement.
Q 5: Is Evolve Markets a good broker for beginners?
A 5: No. Evolve Markets is not a good choice for beginners. Though it advertises very well, it lacks legitimate regulations.

News

WIKIFX REPORT: Solana (SOL) accounts now available on margin trading platform Evolve Markets

NewsWIKIFX REPORT: Solana (SOL) accounts now available on margin trading platform Evolve Markets

2022-08-04 14:25

Evolve Markets, a crypto-denominated margin trading platform, announced today that Solana (SOL) accounts and deposits are now available on its web trading app and MetaTrader 5.

WikiFX
2022-08-04 14:25
News
WIKIFX REPORT: Solana (SOL) accounts now available on margin trading platform Evolve Markets

User Reviews

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User comment

8

Comments

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Bad boy 777
more than one year
Trading with Evolve Markets is a story I'd rather forget. Picture this - I was ready to test my trading skills, had my $2000 trading capital ready to go, everything was in place - except for the comfort of regulation. Evolve Markets lacks regulation, a significant dent to trader confidence. Already, safety doubts popped in my head. The not-so-good part was the trading conditions. In plain words, it was bad. Slippage was a constant worry. You see, I would set my order at one price, but it would be executed at another, usually higher. If you were buying a book priced at 10,but end up paying20, it wouldn't be nice, right? That's how I felt with each trading order. And let's not forget the spreads - they were just too high. For nitty-gritty, imagine seeing a regular 5 pips on EUR/USD. That's a giant leap, makes it hard to profit. What it does is erode your possible earnings.
2023-12-04 16:19
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0
0
AbWellTrader
more than one year
Well, let's talk Evolve Markets then, folks. Their glaring lack of regulatory approval was a major turn-off. It's like walking on thin ice, not knowing when it might crack underneath you - not a good feeling! Moving on to their trading conditions, it was a tough terrain to navigate. The spreads were broader than an eagle's wingspan, gleefully munching away at my profits. At times, order execution felt as if I was trying to run underwater - sluggish and cumbersome. Keeping up with the negativity, their platform was prone to untimely freezes and technical glitches. It was as if I was watching a horror movie, staring with wide eyes as the platform froze during volatile market hours. Yikes!
2023-12-02 13:28
Reply
0
0
tlz
more than one year
Evolve Markets, this unlicensed broker is telling lies. They say they don’t charge commissions on deposit and withdrawals, but they asked me for additional exit fees when I withdrew…
2023-02-23 10:06
Reply
0
0
Chiran Bawornkitiwong
more than one year
Evolve Market say withdrawals through cryptos charge no fee, but my withdrawals are still not processed yet. I doubt this broker is a scammer. They treated me very rudely…
2023-02-16 10:33
Reply
0
0
FX1117314682
more than one year
Downside is that your account can only be in bitcoin, but withdrawals were largely ok. Noting special… by the way, its customer support is quite good.
2022-12-08 19:05
Reply
0
0
FX1075643635
more than one year
This company seems to only accept cryptocurrency deposits and withdrawals. On the one hand, this limits the options of customers, on the other hand, cryptocurrency payments are irreversible, which means that it is difficult to recover funds even if they are deceived.
2022-11-28 17:41
Reply
0
0
FX1057293956
more than one year
Haven't traded with this broker yet, but judging from the information published on their website, compared to other brokers, their website is not comprehensive enough. They do not offer any trading tools or educational resources.
2022-11-27 11:25
Reply
0
0
煜成订制
more than one year
Jesus, this kind of offshore brokers can never be your trading choice…. Lack of regulation can carry the high risk of losing all of your investment funds. Just one piece of advice: Don’t waste your money or time here; Don’t be lured by their sweet words.
2022-11-25 18:45
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