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EverFX Review and Information 2024

EverFX Information and Review EverFX
Voting Rating EverFX does not participate in the Forex Rating
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Reviews Rating
Status Closed
Regulation CySEC, CIMA
Trading software MetaTrader4, WEB platform
Headquartered Limassol, Cyprus / EverFX Global: Grand Cayman, Cayman Islands

EverFX is a fully regulated broker of CFDs on Forex, Metals, Commodities, Cryptos and more. We’re determined to forge close partnerships between traders and broker, leading the way into a new era for online trading. One of our primary goals is to educate traders on how markets work in an honest and transparent way. We firmly believe that our clients’ success is our success so we'll do our best to help them improve their strategy. Our client-centric approach is what sets us apart.

EverFX is a broker offering flexible funding options and 130 instruments across 6 asset classes. The global brokerage is owned by ICC Intercertus Capital Ltd and regulated by the CySEC, FSA and CIMA.

Headquartered in Limassol, Cyprus, EverFX is also a partner of the CashFX group and a former sponsor of Sevilla FC. The football club have since distanced themselves from the brand however. The owner and CEO put an emphasis on providing clients with powerful trading tools, market insights, and a 24/5 customer support team.

Trading Platforms

EverFX Global offers the popular MetaTrader 4 and MetaTrader 5 platforms, in addition to a web-based alternative.

MetaTrader 4

MT4 is a trusted option among traders, receiving excellent customer reviews. The system is known for its ease of use and reliability. Packed with technical analysis tools and multiple order types, it meets the needs of beginners and experienced traders alike.

Users benefit from:

  • Dozens of technical indicators & graphical tools
  • 9 timeframes & 3 chart types
  • Customisable interface
  • Algorithmic trading
  • One-click trading

MetaTrader 5

MT5 offers a powerful toolset to clients looking for advanced trading features. The sophisticated software download promises more execution options, analysis tools and customisability than its MT4 predecessor. Users benefit from 21 timeframes, 38 technical indicators, 6 pending order types, a market depth feature, plus a built-in economic calendar and newsfeed.

EverFX also offers a WebTrader platform. This browser-based alternative offers all the popular features of MT4 without the need to download any software.

Markets

At EverFX, clients can trade 130 financial assets:

  • Forex – Trade popular forex pairs, including the EURUSD, GBPUSD and USDJPY
  • Stocks – From Amazon to Facebook and Apple, shares in household names are available
  • Indices – Trade on world-leading indices, such as the Dow Jones, Nikkei 225 and Euro Stoxx 50
  • Metals – Gold, Aluminium and Copper offer an interesting alternative to forex and stock trading
  • Commodities – Trade futures on commodities such as coffee, cotton and wheat
  • Cryptocurrency – Trade 15 of the biggest brands including Bitcoin, Ethereum and Ripple

Spreads & Commission

The spreads offered by EverFX Global are generally competitive. For Entry accounts, spreads start at 1.5 pips, for Standard account holders, spreads begin at 1.2 pips, for Premium account holders spreads begin at 0.8 pips, and zero-pip spreads are available with the VIP account. Commission is payable for VIP account holders and it ranges from $2 to $6 per lot depending on your jurisdiction.

EverFX Trading Information 2024


WWW https://everfxglobal.com/
Address Limassol, Cyprus / EverFX Global: Grand Cayman, Cayman Islands
Headquarters Limassol, Cyprus / EverFX Global: Grand Cayman, Cayman Islands
Free phone +357 25885000
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Demo account
Swaps
24/5 trading
Scalping
Hedging
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Variable
Pip spread on majors 0.5
Maximum Leverage 500, 30
ECN, $ 250
Standard account, $ 250
Mini account, $ 250
Popular payment methods Visa, Mastercard, Neteller, Skrill, Bank Wire, B2Crypto
Account currencies EUR, USD, GBP
Available assets Shares, Indices, Metals, Cryptos
Languages Spanish, Russian, Italian, German
Platforms MetaTrader4, WEB platform
Broker type Broker, ECN
Regulation CySEC, CIMA
Foundation 2016

EverFX Traders' Reviews

EverFX has withdrawal issues that they can't even adequately comment on. Sent a withdrawal request. According to the system, the application should be processed within one working day. After a working day, the request is not executed and simply disappears from the transaction history! At the same time, consultants cannot explain this in any way - they say there was no application, but I just dreamed that I applied. I have never seen such arrogance! Now every time I make a screenshot of the story so that there is at least some argument.
  5 Apr 2022  

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The website has disappeared with all my money!
  11 Aug 2021  

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Indeed it is a terrible experience, I have lost close to 400004$! One financial adviser Mohammed has been on my feet, I first made good profit, when I wanted to withrow, he complain and immediately wanted me upgrade, sheepishly I did and now i have lost money. Real scam
  29 Jul 2021  

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Another scam company. Lost all my money. I managed to withdraw my first small deposit back, and they convinced me to deposit more. I did and I heard nothing from them since then. This is a total scam.
Yaya   26 Oct 2021
I personally think it's a scam with the way he tried to make me do a deposit, trying to convince me to use their platform and all. The one obvious thing is that he said he's from Ukraine when the number obviously shows that its coming from Malaysia.
  1 Jun 2021  

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The Impact of EAs on Forex Trading: A Double-Edged Sword

By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.

EverFX sent me an email to say they are stoping their business in the UK due to regulation. So you have one day to get your money out folks. I wonder what would happen to cash fx who says that Everfx are their brokers?
  18 May 2021  

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And then they payed back?
Alberto Gibertini   15 Jul 2021
Don't put your money in this broker! They are a complete scam! They charge $65 for not being active every 2 months, without warning, and when you realize and want to withdraw the funds they won't let you! In my many years of trading I have never seen anything like this with any broker.
  18 May 2021  

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I was gonna invest in it but am looking to change my mind after reading all these reviews, are they really scammers?
Shantelle   25 May 2021
Flashy website, "but all the glitters is not gold". On my first trade their account manager advised that I should "Buy" on information just released which I later discovered unequivocally indicated "Sell". The price didn't just slide, it went off the edge of a cliff. The thing was as soon as I'd placed the trade their account manager told me it would drop at first but not to worry, so he obviously knew the direction of travel. So, why would they deliberately steer people into losing money? I'm obviously not the first judging by the many unhappy comments here and right across the internet. Therefore I can only conclude it's a well practised scam. Stay well clear, but if you've already lost money with these people simply complain to the FCA (Financial Conduct Authority), because this company ought to be rigorously investigated and hopefully closed down.
  14 May 2021  

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Worst platform, they promise you bonus but is of any help, the account manager is more stupid people in the trading. they make you only to lose money and after they call you to put mor. if you want to lose you money go whit them.
  7 May 2021  

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I don't trust this people. I lost R8000 they asked me to to choose the money I want to trade. I choose R500 and ask to deposit online within 2 min my R8000 was go. now they keep calling to send my documents such a ID copy and bank statement. what must I do send or cancel them. they call me every hour to send, help me.
  5 May 2021  

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They say that they provide a platform but they also provide the investment advise to beginners like myself. It's a scam, no trading, just a scam.
  4 May 2021  

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Thankyou so much for your reviews. They just finished calling me now as I had to cut the call and look for my bank card, I then decided to first do some online research and go through any reviews. The guy who called was so upset at me why I didn't have my card not able to make the deposit immediately. The way he was so pushy made me think they could be something wrong here. Why be so forceful for me to make the deposit yet I had said I have never traded before. Thankyou everyone.
  30 Apr 2021  

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Yes they are really nasty people pushed me to enter more and more then purposely crashed my money to 0.
Neil Soogrim   17 May 2021
Hi I also lost money with these scammers, I started with an account of $250 , and after it made 2 small profits, then was asked to upgrade to $2500, which I did, I made $615 in an hour and a half , and then I made a small withdraw all ok, then after I got my money upto $3200 they gave me 2 buy trades which ended up both in loses taking all but $768 which I then withdraw, they told me it was a buy trade which every one was doing, if I had done a sell trade I would have made over $3000, scamming gits they new it was a sell trade.
  22 Apr 2021  

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EverFX is the biggest scam. Please save your money in the bank or in a draw at home. don't believe these people. They take your money and after 2 days they request you invest bigger from 2500 and up. And when you decline they get angry and sacrastic. And the money you have invested they make you lose it. One guy named Joshua, he is an account manager, very smooth in talking and very convincing. Please be careful of these people. They are trained to scam.
  13 Apr 2021  

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I am gonna sue EverFX for they cut my leverage when I had opened positions. The margin level fell to 100 percent. I begged them to imediatement give me back my leverage which they didn't do. I have to close trades in negative making me lose a lot of money to prevent account from crashing. I will make them a court case. If you want to join me you can write to me here. just wait I get them to court to get my money back.
  11 Feb 2021  

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Hi, Estell. I had the same experience and lost alot of money in a short space of time. I would like to join you in any way to claim money back. Regards.
Dennis Roye   22 Feb 2021
Me too scammed. I am looking for ways to get my money back, no idea where to start.
Sanjay Patel   29 Apr 2021
I got scammed today for 4500 usd. Thats 30k of my trinidad currency. They purposely made my account crashing, once they realized i was trying to take back my money. I have no where to start to recover my lossess.
Neil Soogrim   17 May 2021
They are the worst trading company ever! I lost 750$ that's about R11 000 they claim to want to help you where as on the contrary they don't care of the money you could lose I had 3 brokers speaking to me before I traded as I was afraid of losing money and they all promised me profits with no loss. How do you give clients false hope?
guest   21 May 2021
I had the same experience, I lost my money in a just of few hours. I would like to join you to claim my money back. regards
Naomi   4 Jun 2021
Hi Estelle. How are you getting on with pursuing your case with EverFX? I have similar experience and would like to join you.
Saila Gaffur   29 Sep 2021
Future Trends and Developments in Forex Trading with Expert Advisors

The future of Forex EAs lies in the further integration of AI and machine learning technologies, enabling the creation of even more sophisticated and adaptive trading systems. These advancements could lead to EAs that better understand market sentiment, predict future movements with greater accuracy, and manage risks in more nuanced ways.

I honestly wish I could give a lower review. One thing I hate is a broker trying to get you to join their platform and upset like seriously pissed off if you wouldn't. I had to hang up on the broker from EverFX just now it's disgusting how they are. I signed up to check out their platform and honestly, it was before I did my due diligence. Thankfully I did not deposit any money just yet like many of the people before me on here. When the broker called I told them that I am looking for a broker but I was just checking them out (btw she wanted me to deposit money now then and there which is all they care about) and I was looking for a broker I could trade my EA on as I already do manual trading but this new account would be specifically for that. She didn't want to hear that I was just looking around but anyhow eventually got her to agree to call me back the day after. During that time I did my research and honestly, I did not like what I saw so I decided you know what there were too many bad reviews about this company I will not risk it so I told the broker politely the next day when she called that I will not be interested and I apologize. I told her this company does not have a good reputation and I am not willing to put my money in your firm I have gone somewhere else. She raised her voice and told me when I fail there because she hasn't heard about the company and I will come back and said goodbye and hung up. Today one day after this incident she has the nerve to call me again. I told her "As I told you before I am not interested and I will not be joining." She persisted and said she wanted some of my time to discuss it more so I said ok ok however I am really tied up now and cant talk call me back at another time. You know this woman told me NO you will listen to me Now. Like seriously what or who these people think they are. I told her well this is why I see all the bad reviews are true and hung up. People do not deal with companies like this. they do not have your best interest in heart. When searching from a brokerage firm do your due diligence first before even signing up.
  4 Feb 2021  

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Hi Anthony, I also registered today but did not deposit any money. They called from Ukraine but I was not interested and asked them to delete my account. I also sent them an email to delete an account. Is it enough?
Kenny   9 Mar 2021
Has anyone ever successfully sued EverFX?. I just lost over $55000 with them and have no hope of getting it back. If anyone has any suggestions of legal representatives please et me know. I'm devastated as its everything I had wiped out.
  31 Jan 2021  

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I've lost all my savings, my deposit about $80000 I'm so going through FOS and action fraud. They also took unauthorised payments of $1418 this week. When I questioned them about being a scam like they grabbed what they could before I walked disgusting. Hopefully as a lot on a credit card may be able to claim back that route.
Anon   3 Jun 2021
I'm currently with Everfx and have been for just over a week. It's nothing but stress. They hustle you to deposit as much money as possible and don't explain anything to you! They've taken advantage of me because i'm an inexperienced investor wanting to start fresh in life after the pandemic is over. My account manager has not explained to me what certain things mean or given me any warning of responsibilities i might have with my account (margin call). He just got me on board as quick as possible. I really thought that i was smarter than this. It's only now i've realised how much pain this broker is going to cause in the next few days. I'm most likely going to leave with nothing. I worked so hard for the money that i saved and now i have to say goodbye to it. To anyone reading this, always do your research before signing up to a firm. I was very naive.
  19 Jan 2021  

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I was done the same on 2/5/2021 I lost everything.
Naomi   4 Jun 2021
The account manager pushing you to invest to use credit cards. And do not accept when you say you do not have any money to invest keep saying use a debit card. I said i have to take my money to pay back my credit card. She said you have to open some trades and make more money and we will see after. I listened to her and regret and i am losing. So far i have not able to do anything i have 3 trades on negatives can not afford to close. My advise do not trust them they are a scam and take all your money by saying is your depisit you can take it anytime but they are making it so difficult.
  31 Dec 2020  

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Don't listen to the account manager. All everfx wants is for you to deposit more and more money. They will give you tips with no stop loss, guess why? Fastest way to margin an account. They got me for $1K but I managed to get out.
Actually once I examined the tips they gave me, and I would have made a killing, had I did the opposite! Ex. Told me to sell oil on Nov 3, 2020! Oil went up 26% since.

  27 Nov 2020  

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Thank you all for this advice. I will not even start to invest a test of waters to the amount of $250. They will be calling me later today and I will tell them where to climb off!
  11 Nov 2020  

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I almost invested with them, thanks for advice.
Christine   18 Jul 2021
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