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The WikiFX Score of this broker is reduced because of too many complaints!

Evergreen Forex

United Kingdom|2-5 years|
Regulated in United States|Suspicious Regulatory License|White label MT5|Chinese market only|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://www.everfx365.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
EvergreenFXGlobal-Server MT5
Server Location Hong Kong

Contact

https://www.everfx365.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Evergreen Forex Global Limited

Company Abbreviation

Evergreen Forex

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    Evergreen Forex · Company Summary

    basic-info

    General Information

    Registered in the United Kingdom, Evergreen Forex presents itself as a forex and CFD broker offering forex trading services through the MT5 trading platform.

    Evergreen is said to be the trading name operated by Evergreen Forex Global Limited. Please note that Evergreen Forex is not authorized or regulated by any regulatory authorities to conduct forex trading services.

    Minimum Deposit

    Evergreen Forex does not disclose its minimum deposit requirements. There is no information about account provided, either.

    Leverage

    Problematically, Evergreen Forex permits its investors to use the maximum leverage up to 1:500, which is higher than levels considered appropriate for retail traders by many regulatory authorities.

    This is because this forex broker is not bound by any regulation or concern for its clients funds.

    Please note that high leverage is not always the good thing, as it may increase your profits, but more importantly, it can cause serious fund losses, especially to inexperienced traders.

    Trading Platform

    Evergreen Forex offers its clients access to the leading MT5 trading platform, which is revered for its sophisticated charting tools, multiple technical indicators, and automated trading features.

    Customer Support

    Worryingly, Evergreen Forex left its clients nowhere to turn to once something goes wrong during their trading process. No phone support, email support, etc, is available.

    Risk Warning

    There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

    The information presented in this article is intended solely for reference purposes.

    User Reviews

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    User comment

    3

    Comments

    Write a review

    autonia
    more than one year
    I submit my withdrawal requests a long time ago, but still haven’t received my funds. what waiting for me is their promises every day, so frustrating! I will update my reviews daily until they gave back my money!
    2023-03-01 10:28
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    0
    0
    一岛一世界
    more than one year
    Hope no one else gets cheated... They are notorious scammers who won't let you withdraw money or even manipulate your account to drain it. When you ask them where your money has gone? They will just ******** and tell you there was a problem with your deal... But only you know that you made your money by trading a little bit... They just arbitrarily confiscated it for an unnormal reason... To whom should I speak the grievance of my heart?
    2022-12-01 16:01
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    0
    0
    战洲
    more than one year
    THIS DISGUSTING PLATFROM! They ran away with my hard-earned $3000!!! I was introduced to this platform by a friend on Facebook, then I opened an account and made some deposits. However, before i started trading, they froze my account, said there was some problems in my accounts. A few days later, I cannot log into my account, and they all disappeared!
    2022-12-01 16:00
    Reply
    0
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    9
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