Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Free $10,000 Demo Account

76% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS BINARY OPTIONS ARE PROHIBITED IN EEA

EverFX Broker Review

EverFX

EverFX is a regulated Forex, CFDs and Crypto broker who offers a low minimum deposit, several fast payment methods, 130+ financial instruments, educational material and a great customer support. EverFX is a trade name of ICC Intercertus Capital Limited. ICC Intercertus Capital Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 301/16 and registration number HE 346662.

Please note that EverFX does not offer contracts for difference to residents of certain jurisdictions such as the USA, Belgium, Iran, Canada and North Korea. Read our full review to learn more about this promising broker.

EverFX Accounts

There are 3 account types available at EverFX which are based on the trader’s experience and trading strategy. Traders can ask help from the account managers in order to choose the most appropriate account type for them. All account types can haveUSD, EUR, GBP or AUD for base currency.

Standard

  • $250 min deposit
  • Spreads from 1.2 pips
  • No commissions except for CFDs on shares

Premium

  • $5,000 min deposit
  • Spreads from 0.8 pips
  • No commissions except for CFDs on shares

VIP

  • $30,000 min deposit
  • Spreads from 0 pips
  • $2 Commission per lot traded ($4 per round lot)
  • VPS included

Everforex Review

More than 130 financial instruments are available to trade through the 4 available EverFX MT4 platforms. Instruments include Forex, energies, metals, popular shares like Adidas and Amazon as well as exciting Cryptocurrencies like Bitcoin and Ethereum.

EverFX MetaTrader 4 Desktop

  • Three types of execution
  • Stops and trailing stops
  • 25+ built-in indicators
  • Seamless switching between charts

EverFX MetaTrader 4 Web

  • Trade directly from your browser
  • Supports any operating system
  • Reliable encryption
  • One-click trading available
  • Full trading history
  • 25+ technical indicators
  • Varied graphical objects
  • Live quotes in market watch
  • Nine timeframes

EverFX MetaTrader 4 iOS

  • 24/5 trading from anywhere
  • Various types of order and execution
  • Complete trading history
  • Interactive charts
  • Bar, candlestick and line charts
  • Timeframes from minute to month
  • 20+ popular indicators built-in
  • Range of analytical objects
  • Market news
  • Comprehensive support

EverFX MetaTrader 4 Android

  • 24/5 trading from anywhere
  • Various types of order and execution
  • Complete trading history
  • Interactive charts
  • Bar, candlestick and line charts
  • Timeframes from minute to month
  • 20+ popular indicators built-in
  • Range of analytical objects
  • Market news

EverFX Support Information

Potential and existing customers can contact the support team 24/5 via several methods available such as live chat, Viber, messenger, email ([email protected]), phone (+357 25885000), fax (+357 25885001), fill out the online form or even visit the head office at Antheon 2, Kato Polemidia, Limassol 4151, Cyprus.

EverFX Minimum Deposit

For deposits, all major credit cards like Mastercard and Visa are accepted. Processing time is only an hour. E-wallets like Skrill and Neteller are available too, but the processing time takes a bit longer, 2 hours. Bank wire transfer is available, but it is a lengthy process and takes about 5 business days for the money to appear on the trading account.

EverFX minimum deposit is $250 which is fine especially for novices who prefer to start with a lower capital investment. For withdrawals, all the methods mentioned above are available too, but the processing time is one business day for all of these.

Verdict

A free demo account is what is missing from EverFX. If that was the case it would be a great broker. This is quite important and that is the reason why we always recommend using a free demo account in order to test the waters, practice and improve your trading skills before making a deposit and start risking your own funds.