EverFX is a licensed Forex broker that is owned by ICC Intercertus Capital Limited, which is located at: Antheon 2, Kato Polemidia, 4151, Limassol, Cyprus. Their listed phone number in Cyprus is: +357 2588 5050, and email contact is: email@example.com. The broker officially opened in 2016.
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The trading software that EverFX Trade gives their clients is called Meta Trader 4. It is the most popular trading platform for Forex & CFD brokers, since it is made for beginners who are not experienced, and is used by advanced professional traders also. Recently, EverFX introduced a web based trading platform called Status. They offer a variety of assets to trading including; Forex pairs, Market Indexes, CFD trading on Stocks and Commodities.
Spreads on Forex pairs vary depending on the actual pair, and leverage in Forex trading is as high as 500:1. Investors should familiarize themselves with the risk associated with trading CFD & Forex on margin. Minimum deposit for a standard account at EverFX is $300, and they charge commissions of $2 – $3 per trade, depending on your account type.
EverFX Special Offers
Currently investors can take advantage of two special events at this broker. Until December 31st 2017, they are offering Zero Cost Trading, which means you will not have to pay commissions on your trades.
They occasionally offer a demo trading contest, where you compete against other traders in demo mode, and have a change to win prizes. it is a fun way to practice trading.
Brokers License & Regulations
Investors when reviewing a new Forex broker will always first check to see if the broker has a license and if they are regulated. There are many licensed Forex brokers you can trade with, see here.
The reason investors will use a licensed broker, is so that in case the broker goes out of business, their money is protected. In the United Kingdom, brokers are licensed and regulated by the FCA. In Europe Cyprus CySEC is the government regulator of many brokers.
EverFX is regulated and licensed by CySEC in Cyprus with license number 301/16.
Smart investors will always read about various CFD Forex brokers, before making a final decision.
What was your experience trading with EverFX? Please write your review in the comment section below.