EverFx Rating
EverFX Review
As an increasing number of people are finding online trading a potential income source, the need for reliable trading brokers is now more important than ever. EverFX is a trading brand that wants to make the access to financial market easier for the broader public and to facilitate that, it had designed a comprehensive offer that should meet the demands of the 2020 challenging markets.
Although EverFX is well known as the official sponsor since 2019 of Sevilla FC, the respectable Spanish soccer club. At the same time, EverFX had received several important awards: Fastest Growing CFD Broker, Best New Multi-Asset Broker, and Best Online CFD Broker, all showing that the company truly provides access to competitive trading services.
One of the main advantages of the offer provided by EverFX is diversity. The company offers access to the markets via 5 different platforms and provides more than 1,000 different CFD instruments based on stocks, forex, energies, cryptos, indices, and metals. Fully aware not all traders can invest the same amount, four different account types had been made available, each with a different set of trading functionalities.
To ensure that it’s a legit broker, EverFX had already received authorizations from different financial regulators. ICC Intercertus Capital Ltd is the mother company, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 301/16. Also, it’s regulated by the Cayman Islands Monetary Authority (CIMA) and the Financial Services Authority (FSA) in Seychelles. What important to note is that the company carries several EEA cross-border registrations with regulators like the United Kingdom Financial Conduct Authority (FCA), Spanish CNVM, or KNF Poland.
All of the above are the reasons why EverFX is operating on a well-regulated background. The brand is offering services for clients around the world, except for residents of certain jurisdictions such as the USA, Belgium, Iran, Canada, North Korea, or other sanctioned countries.
Platforms
Trading on four world-class platforms is possible at EverFX thanks to the company’s goal to provide broad diversification. MetaTrader 4 is still the world’s most popular trading platform and many traders are still relying on it. The trading features it carries are well-known and don’t need any new introduction. Traders who accustomed to trading with MT4 will get what they want.
In addition, with the help of WebTrader, EverFX clients will have access to an intuitive and powerful platform anywhere and anytime. What differentiates this broker from other competitors is the Social Trader, a trading platform designed to help clients use the experts’ trading skills in their favor. It’s one of the best tools to copy trades placed by professional traders.
Lastly, a broker that does not offer access to a mobile platform will be at a great disadvantage. EverFX had included the MetaTrader mobile versions for both Android and iOS devices, which means clients will be able to gain access to their accounts via their mobile devices at any point. This EverFX approach regarding serving its clients with a broad set of platforms and different features is precisely what makes a trading brand more exclusive than others.
Trading with EverFX
- General User Experience
From a user experience point of view, the ecosystem developed by EverFX is suited for any type of trader. It does not matter if we talk about beginners or experienced traders. There are options for all of them, despite their previous trading background. EverFX is working arduously to improve the trading experience and provides negative balance protection, segregated and supervised client funds, instant deposits & fast withdrawals, as well as the transfer of funds with 0% commission.
- Account types
As previously mentioned, diversity is a key rule at EverFX, which is why potential clients can choose between Entry, Standard, Premium, and VIP accounts. If you are not yet sure if you want to work with this broker, you can open an Entry account with as little as 250 of any currency. You’ll be able to trade with up to 1:500 leverage and benefit with minimum spreads from 1.5 pips. An initial 30% deposit bonus is available, alongside an intro call from a personal account manager.
Since the size of the initial deposit determines which tier of account will apply, traders wanting to make an upgrade will need to deposit more funds. In exchange, they will get access to more features like the investment research & analytics from Trading Central, weekly/monthly sessions with a senior market analyst, ongoing support via Skype, or exclusive trading strategies.
- Payment Options
Deposits are free of charge at EverFX and can be made via credit/debit card, bank transfer, and a wide range of e-wallets like Skrill, Alipay, Trio, or Perfect Money. Withdrawals can be made via the same method used for the deposit. At the same time, traders must pass the verification process to make withdrawals from their accounts.
- Education
The EverFX Academy is the right place to get the latest educational resources. With live webinars, personal tutoring, trading courses, presentations, tests, and plenty of other materials, traders can improve their knowledge about the market. It’s important to note that only registered clients can get access to the entire batch of educational resources available at EverFX.
Final Thoughts
Based on all the trading features previously mentioned, EverFX qualifies as a reliable CFD broker. With a solid regulatory background, trustable platforms, and a diverse trading ecosystem, the company can meet the challenges of the volatile markets in 2020. Traders around the world, except a series of countries, can start trading with EverFX right away and get involved in stocks, currencies, energies, indices, cryptos, and metals. With more than 1,000 assets, there’s a broad coverage for a wide range of markets, which means finding opportunities on a day-to-day basis should not be an issue. EverFX is a solid and reliable trading brand worth trying by any type of trader, beginner, or advanced.
