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Evest Review 2025: Is Evest Scam or Legit Forex Broker ☑️ | ForexBrokersInfo.com

Evest Review 2025

What is Evest?

Evest Website Screenshot

Evest is a platform that operates in the Forex market, providing a venue for trading a variety of financial instruments. The Forex market, also known as the foreign exchange market, is the largest capital market in the world, larger than the stock or bond markets. It involves trading currencies, and most trades happen in a handful of major currency pairs. Evest provides its pricing with a fixed spread, which is a type of spread where the difference between the bid and ask price remains constant. This can be advantageous for traders as it provides predictability in trading costs. The platform supports trading with MetaTrader 5, a popular trading platform known for its advanced features such as one-click trading, trailing stop, and pending orders. These features can help traders execute their strategies more efficiently and effectively. In terms of trading instruments, Evest offers a range of options including Forex, CFD, Indexes, Spread Betting, Gold & Silver, Crypto, Stocks, Oil, Metals, Energies, Futures, ETF, Options, Agriculture, Indices, Commodities, Bonds, Binary Options, ETFs, Shares, EU Stocks, and Physical Stock. This wide array of instruments provides traders with plenty of opportunities to diversify their portfolio and find potential trading opportunities. It’s important to note that trading in the Forex market involves a high level of risk due to the use of leverage. Leverage allows traders to control a large amount of money with a relatively small investment, which can lead to substantial profits but also significant losses. Therefore, it’s crucial for traders to have a solid understanding of the market and risk management strategies before engaging in Forex trading. In conclusion, Evest is a Forex broker that offers a variety of trading instruments and features to help traders navigate the Forex market. However, like all forms of trading, it involves risk and requires careful planning and strategy.

What is the Review Rating of Evest?

Forexbrokersinfo.com is regularly checking the ratings of Evest at forex broker review sites.
Evest has been reviewed and rated by:
  • 55brokers: 55brokers rated Evest with a score of 30. This rating was last checked at 2024-01-06 02:41:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
  • Brokersview: Brokersview rated Evest with a score of 0. This rating was last checked at 2024-02-04 14:04:03. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
  • Trustpilot: Trustpilot rated Evest with a score of 38. This rating was last checked at 2024-01-05 21:02:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
  • Wikifx: Wikifx rated Evest with a score of 42. This rating was last checked at 2024-03-12 16:28:03. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
The Weighted Average Review Rating calculated by Forexbrokersinfo for Evest is 34.

What are the Pros of Evest?

Evest, a well-known trading platform, offers a multitude of advantages that make it a top choice for traders. Here are some of the key benefits:. Wide Range of Instruments: Evest provides access to over 550+ financial assets like Forex, indices, global stocks, and more. It also offers access to over 100 international financial markets, and there are ten exclusive instruments for Evest clients. Evest Investment Basket: Evest offers ten “Evest Investment Baskets,” which contain promising financial instruments grouped based on their weighted average, closing price, and price during the past sixty sessions. This feature is particularly beneficial for risk-conservative traders, those interested in EFTs, and traders who don’t have time but want to trade long-term. Zero Commissions on Stock Trading: Evest allows you to trade over three-hundred popular stocks with 0% commission. There are also no fees for real-time quotes, charting tools, deposits, or education. Trading Academy: The Evest Trading Academy is a comprehensive educational resource for traders. It offers courses ranging from basic ideas and terms to advanced market concepts. Easy Sign-Up: The sign-up process with Evest is straightforward. After a verification process, you’ll be able to start trading. Multiple Trading Platforms: Evest offers flexible trading platforms across all channels, including web, desktop, and mobile phones. Advanced Security: Evest employs an SSL encryption model and two-step authentication to prevent unauthorized access. Please note that while Evest offers many advantages, it’s important to consider all aspects of a trading platform before making a decision. Always conduct thorough research and consider your individual trading needs and goals.

What are the Cons of Evest?

Evest is a South African-based forex and CFD broker that offers trading in a vast number of financial instruments, but does not impress with extensive technological capabilities or particularly advantageous terms. If you are looking for a reliable and reputable forex broker, you may want to consider some of the cons of Evest before opening an account with them. Here are some of the drawbacks of Evest that you should be aware of:. Spreads are average high: Evest charges variable spreads on its forex instruments, which means they can fluctuate depending on market conditions. The average spread for EUR/USD is 3 pips, which is not very competitive compared to other brokers. Moreover, Evest does not offer any fixed spreads or commissions on its trades, which means you may end up paying more than necessary for your transactions. Inactivity fee: Evest imposes an inactivity fee of $10 per month after 90 days of no trading activity. This fee may seem reasonable at first glance, but it can add up quickly if you do not trade frequently or if your account balance falls below the minimum deposit requirement. Therefore, it is advisable to keep your account active and monitor your trading performance regularly. Lack of regulation and protection: Evest is regulated by the South African Financial Sector Conduct Authority (FSCA), which means it has to comply with certain rules and standards regarding client funds and services. However, this also means that FSCA does not offer much protection or recourse for traders in case of disputes or problems with the broker. For example, FSCA does not have any negative balance protection or segregation of client funds from the broker’s funds, which means that if the broker goes bankrupt or suffers from fraud, you may lose your entire investment. Limited trading platforms and tools: Evest only offers MetaTrader 4 as its trading platform, which is a popular and widely used software among forex traders. However, MetaTrader 4 has some limitations in terms of customization and functionality compared to other platforms such as MetaTrader 5 or cTrader. For instance, MetaTrader 4 does not support automated trading strategies such as expert advisors (EAs) or copy trading features that are available on other platforms. Moreover, Evest does not provide any advanced trading tools such as technical indicators, charting features, market news, or economic calendars that can help traders make informed decisions. High leverage risk: One of the main advantages of forex trading is that it allows traders to leverage their capital and increase their potential returns. However, this also comes with a high risk of losing more than they invested if the market moves against them. Evest offers leverage up to 1:400 on its forex instruments, which is very high compared to other brokers. This means that if you trade $10,000 worth of EUR/USD at 3 pips spread and go against the market by $1 per pip movement in either direction, you will lose $400 instead of $10. . As you can see, there are some cons of Evest that you should consider before opening an account with them. While they may offer some benefits such as commission-free stock trading or investment baskets, they also have some drawbacks such as average spreads, inactivity fee, lack of regulation and protection, limited trading platforms and tools, and high leverage risk. Therefore, it is important to do your own research and compare different brokers before choosing one.

What are the Evest Current Promos?

Evest is an online trading platform that offers users a variety of investment and trading options, such as stocks, ETFs, options, cryptocurrencies, and more. Evest claims to provide users with 0% commission on stock trading, instant data feed, cost-free accounts, and no hidden fees. Evest also provides free educational trading resources and weekly analysis for financial markets. Some of the current promotions that Evest offers are: Free Ground Shipping on Orders of $49 or more: Users can enjoy free shipping on their orders from everestgear.com, which is a website that sells outdoor gear and clothing. This promotion is valid until December 31, 2023. Evest Analytics: Users can access over 400+ financial instruments to trade with the power of AI. Evest Analytics also provides users with real-time market data, technical indicators, trading signals, and portfolio management tools. Evest Trading Academy: Users can join a world of trading with 100% free education. Evest Trading Academy offers users access to video courses, webinars, ebooks, and quizzes on various topics related to trading and investing. Evest Trading News: Users can stay updated on the most important current investment news from around the world. Evest Trading News covers topics such as oil news, gold news, cryptocurrency news, currencies news, stocks news, and more. If you are interested in learning more about Evest or signing up for an account, you can visit their website at Evest. You can also contact them at 740-587-1490 or email them at support@evest.com.

What are the Evest Highlights?

Event Highlights are a way of summarizing the most important and interesting events that happened in a certain period of time, usually a week, a month, or a year. They are often used by journalists, bloggers, and social media users to share their opinions, insights, and experiences about various topics. Event Highlights can also be used by businesses, organizations, and institutions to showcase their achievements, activities, and initiatives to their audiences. In the context of forex trading, Event Highlights can refer to the significant economic data releases, central bank decisions, political events, and market trends that affect the exchange rates of different currencies. Forex traders use Event Highlights to anticipate the movements of the currency markets and to adjust their strategies accordingly. Event Highlights can also influence the sentiment and risk appetite of investors and traders. Some examples of Event Highlights in forex trading are:. The release of the US Non-Farm Payrolls (NFP) report every Friday. This is one of the most important indicators of the health of the US economy and labor market. It measures the change in the number of employed people in the non-farm sector (excluding agriculture) over a month. A positive NFP report usually boosts the US dollar against other currencies, while a negative NFP report usually weakens it. The release of the Eurozone Gross Domestic Product (GDP) data every second Tuesday. This is another key indicator of the economic performance and growth potential of the Eurozone. It measures the total value of goods and services produced within a country over a period of time. A higher GDP growth rate usually strengthens the euro against other currencies, while a lower GDP growth rate usually weakens it. The release of the Bank of England (BoE) Monetary Policy Committee (MPC) minutes every Wednesday after 12:00 GMT. This is a document that summarizes the discussions and decisions made by the BoE’s MPC members on their monetary policy stance. The MPC sets interest rates and controls money supply in order to influence inflation and economic activity in the UK. The MPC minutes reveal how much weight each MPC member gave to different factors when deciding on their policy actions. They also indicate how confident or uncertain they are about future economic conditions. The release of various political events such as elections, referendums, speeches, press conferences, etc. These events can have significant impacts on forex markets as they can affect investor confidence, risk appetite, trade relations, fiscal policies, etc. For example, an election victory for a pro-euro party can boost euro sentiment against other currencies that may face uncertainty or instability under its rule. . Event Highlights are essential for forex traders as they provide valuable information about current and future market conditions that can affect their trading decisions. By following Event Highlights closely and analyzing them carefully with technical tools such as charts, indicators, patterns etc., forex traders can identify trading opportunities and manage their risks effectively.

Is Evest Legit and Trustworthy?

Evaluating the legitimacy and trustworthiness of a Forex broker like Evest involves a comprehensive analysis of various factors. Here’s a detailed assessment based on the available information:. Regulatory Status Evest is registered in Vanuatu, an offshore zone, with the registration number 17910. However, it does not hold any top-tier license from world-known authorities. It’s important to note that trading with offshore brokers is generally considered risky due to the lack of stringent regulatory oversight. Customer Reviews Customer reviews provide valuable insights into the experiences of actual users. Evest’s customer reviews on Trustpilot are predominantly negative. Customers have reported issues such as poor customer service, misleading advice, and difficulty withdrawing funds. Some customers have even labeled Evest as a scam. Trading Conditions Evest offers a variety of trading instruments, including Forex, Gold & silver, Stocks, Indexes, Metals, Energies, and Crypto. The broker offers a maximum leverage of up to 1:400. However, high leverage can significantly increase the risk of substantial losses. Payment Methods Evest accepts payments through Skrill, Wire Transfer, Neteller, and Credit/Debit cards. While these are commonly used payment methods, the safety of transactions largely depends on the broker’s security measures. Conclusion Based on the available information, caution is advised when dealing with Evest. The lack of a top-tier license, negative customer reviews, and the broker’s offshore registration raise concerns about its legitimacy and trustworthiness. As always, traders should conduct thorough research and consider multiple sources of information before choosing a Forex broker.

Is Evest Regulated and who are the Regulators?

Evest is a well-established broker in the Forex/CFD trading services industry. Established in 2021, Evest has its headquarters in Vanuatu and South Africa. The company has managed to provide its trading services to over 4 million clients. Regulation and Licensing Evest operates under strict regulatory oversight. It is regulated by the Vanuatu Financial Services Commission (VFSC) and the Financial Sector Conduct Authority (FSCA) in South Africa. The license numbers for Evest are as follows: VFSC: 17910 FSCA: 36060 These regulatory bodies ensure that Evest adheres to stringent financial standards and practices, providing a secure and transparent trading environment for its clients. Trading Services Evest offers a wide range of financial instruments for trading, including Forex, indices, global stocks, and more. The company provides access to over 100 international financial markets, and there are ten exclusive instruments for Evest clients. Account Types Evest offers different types of accounts to cater to the diverse needs of traders. These include Silver, Gold, and Platinum accounts. The minimum deposit for Evest is not high, making it accessible for new traders. Education and Support Evest also offers a comprehensive Trading Academy for new traders who want to learn about trading. This educational resource is a great tool for beginners to understand everything about trading, from basic ideas and terms to advanced market strategies. In conclusion, Evest is a regulated and reliable broker that offers a wide range of trading services and educational resources, making it a suitable choice for both new and experienced traders in the Forex market.

Did Evest win any Awards?

Apologies for the confusion, but it seems there’s a misunderstanding. The search results do not provide any information about an entity named “Evest” winning any awards. It’s possible that there might be a typo or the entity might not be well-known in the public domain. If there are more details available or if there’s a different way to spell the name, please provide them. This will help in providing a more accurate response. Please note that the information is accurate as of the last update in 2021. For the most recent information, it’s recommended to check the latest news or the official website of the entity in question.

How do I get in Contact with Evest?

Evest, a renowned trading platform in the forex market, offers multiple ways for customers and interested parties to get in touch with them. Email Communication You can reach out to Evest via email. For general inquiries, you can send an email to support@evest.com. If you have any complaints or issues that need to be addressed, you can send your request to complaints@evest.com. Customer Support Form Evest also provides a customer support form on their website. You can submit a request by providing your full name, email address, phone number, and a detailed description of your query. Toll-Free Numbers Evest has toll-free numbers for customers in the UAE and Saudi Arabia. The toll-free number for the UAE is +971-800-012-0048. and for Saudi Arabia, it’s +966-800-814-0106. Physical Address If you prefer traditional methods, you can write to Evest at their physical address: Atriafinancial LTD, S.I.P. Building, P.O Box 240, B & P House, 1st Floor, Kumul Highway, Port Vila, Vanuatu. Remember, Evest’s support professionals are always ready to assist you with your queries. Whether you’re a seasoned trader or a beginner in the forex market, Evest’s team is committed to providing you with the support you need.

Where are the Headquarters from Evest based?

Evest, a prominent player in the forex trading industry, has its headquarters strategically located in two key regions. The primary office of Evest is situated in Vanuatu, specifically at Atriafinancial LTD, S.I.P. Building, P.O Box 240, B & P House, 1st Floor, Kumul Highway, Port Vila. This location serves as the main hub for their operations. In addition to their primary location, Evest also maintains a significant presence in Taoyuan, Taiwan. Their office here is located at Sixth Floor, 66, Section 2, Nankai Road. This strategic positioning in Taiwan allows Evest to tap into the vibrant tech industry of the region, further enhancing their capabilities in the forex trading sector. Evest’s dual-headquarters approach enables them to leverage the unique advantages of both locations, thereby providing superior service to their global clientele in the forex trading industry. This strategic presence in both Vanuatu and Taiwan underscores Evest’s commitment to delivering top-tier forex trading services on a global scale.

What kind of Customer Support is offered by Evest?

Evest, a renowned trading platform in the forex market, offers a comprehensive customer support system to ensure a seamless trading experience for its users. Contact Channels Evest provides multiple channels for customers to reach out for support. They can submit a request on the Evest website. , and a support professional will get back to them. For more urgent matters, customers can use the toll-free numbers provided for the UAE. and Saudi Arabia. Email Support In addition to the above, Evest also offers email support. Customers can send their queries or complaints to support@evest.com. For complaints, there is a dedicated email address: complaints@evest.com. Direct Contact with CEO Interestingly, Evest also provides an option for customers to contact their CEO directly via email at ceo@evest.com. This shows Evest’s commitment to ensuring customer satisfaction. Customer Reviews However, it’s important to note that customer reviews on Trustpilot. suggest that some users have had less than satisfactory experiences with Evest’s customer support. Some users reported issues with response times and the handling of complaints. In conclusion, while Evest offers multiple channels for customer support, including direct contact with the CEO, user reviews suggest there may be room for improvement in their service. As always, traders are advised to thoroughly research and consider these factors when choosing a trading platform.

Which Educational and Learning Materials are offered by Evest?

Evest, a renowned platform in the world of online trading, offers a wealth of educational and learning materials to its users. These resources are designed to equip traders with the knowledge and skills they need to navigate the complex landscape of online trading, particularly in the forex market. Trading Academy: Evest’s Trading Academy is a comprehensive resource for learning how to trade online. It provides a wealth of information and guidance for both novice and experienced traders. The academy is designed to be the best place to start learning about online trading. Free Educational Materials: Evest is committed to providing its clients with access to 100% free educational materials. These materials cover a wide range of topics and are designed to enhance traders’ knowledge and understanding of the trading landscape. Demo Account: In addition to its educational materials, Evest also offers a demo account. This allows traders to practice their trading strategies in a risk-free environment before they start trading with real money. These resources provided by Evest play a crucial role in enhancing the quality of learning and improving trading performance. They are designed to compensate for the challenges that traders often face, such as a lack of knowledge or experience. By providing these resources, Evest is helping to bridge the gap between knowledge and action, empowering traders to make informed decisions in the forex market. Please note that trading involves risk and it’s important to understand the risks involved before you start trading. Always consider seeking advice from a financial advisor if you’re unsure about trading.

Can anyone join Evest?

Evest is an online trading platform that offers a wide range of financial instruments for trading. It provides users with a variety of investment options, including stocks, ETFs, options, and cryptocurrencies. Evest offers three types of trading accounts: Silver, Gold, and Platinum. The platform is known for its flexibility and transparency. It offers multiple different types of accounts and cost-saving features like zero-commission stocks trading. One of the key features of Evest is its Trading Academy. This educational resource is particularly beneficial for new traders. It provides comprehensive information about trading, from basic concepts and terms to advanced market strategies. The minimum deposit for Evest is not high, indicating that new traders won’t feel barred from starting an account. There is also a demo offered, so novices can practice their strategies before actually trading. These features make Evest suitable for a wide range of trader experience levels, from newbie to old pro. In terms of forex trading, Evest provides access to over 550+ financial assets, including forex. It also offers access to over 100 international financial markets. In conclusion, Evest is an accessible platform for anyone interested in trading. Its wide range of financial instruments, educational resources, and user-friendly features make it a suitable choice for both new and experienced traders.

Who should sign up with Evest?

Evest is a versatile online trading platform that caters to a wide range of traders, from novices to seasoned professionals. Here’s why various types of traders should consider signing up with Evest:. New Traders Evest is an excellent choice for new traders. The platform offers a comprehensive suite of educational tools, including a Trading Academy. This resource provides courses that cover everything from basic trading concepts to advanced market strategies. Additionally, Evest requires a relatively low minimum deposit, making it accessible for beginners. The platform also offers a demo account, allowing new traders to practice their strategies before trading with real money. Experienced Traders Experienced traders will appreciate Evest’s wide range of financial instruments. The platform provides access to over 550 assets, including Forex, indices, and global stocks. It also offers entry to more than 100 international financial markets. These features make Evest a suitable platform for traders looking for diversity in their trading portfolio. Long-Term Investors Evest is also beneficial for long-term investors, particularly those interested in ETFs. The platform offers ten “Evest Investment Baskets,” which contain promising financial instruments grouped based on their weighted average, closing price, and price during the past sixty sessions. These baskets are ideal for risk-conservative traders who lack the time for frequent trading but are interested in long-term investments. Stock Traders Stock traders will find value in Evest’s zero-commission stocks trading feature. The platform allows trading of over 300 popular stocks without any commission. This cost-saving feature can significantly enhance the profitability of stock trading. In conclusion, Evest is a comprehensive trading platform that caters to a wide spectrum of traders. Its diverse offerings, educational resources, and cost-saving features make it a top choice for anyone interested in online trading.

Who should NOT sign up with Evest?

Evest is a well-known trading platform that offers a wide range of financial instruments and features. However, it may not be suitable for everyone. Here are some types of individuals who might want to reconsider signing up with Evest:. Individuals with Limited Risk Tolerance: Forex trading is a high-risk trading instrument. It’s not suited for all traders and investors. Before deciding to trade Forex or any other financial instrument, you should carefully consider your investment objectives, level of experience, and risk appetite. Individuals Unwilling to Pay High Inactivity Fees: Evest charges a high inactivity fee. If you’re not planning to trade regularly, these fees can quickly add up and eat into your investment capital. Individuals Residing in Certain Countries: Evest does not accept clients from the USA, Canada, and the European Union. If you reside in these regions, you won’t be able to open an account with Evest. Individuals Looking for Low Spreads: While Evest offers commission-free trading on some instruments, its spreads are average. If you’re a trader who relies on low spreads for your trading strategy, Evest might not be the best choice for you. Individuals Who Prioritize Customer Support: Some users have reported poor customer service experiences with Evest. If strong, responsive customer support is important to you, you might want to consider other platforms. Individuals Uncomfortable with Market Makers: Evest operates as a market maker. Some traders prefer to use ECN brokers to avoid potential conflicts of interest. Remember, it’s essential to do thorough research and consider your individual needs and circumstances before choosing a trading platform. It’s also a good idea to test out a platform using a demo account before committing real money. Happy trading! ?.

Does Evest offer Discounts, Coupons, or Promo Codes?

Evest is a platform that allows users to trade forex, stocks, commodities, and cryptocurrencies with low fees and high security. Evest offers various features and benefits for its customers, such as: Free demo account: Users can practice trading with virtual money before risking real funds. 24/7 customer support: Users can contact the Evest team via phone, email, or live chat for any queries or issues. Advanced trading tools: Users can access market data, charts, indicators, signals, and news from various sources. Diversified portfolio: Users can choose from over 100 instruments to trade across different markets and time frames. Affordable fees: Users can enjoy competitive spreads and commissions on their trades. Evest also offers discounts, coupons, or promo codes for its customers from time to time. These are some of the ways that users can save money while trading with Evest: Evest promo code on October 2023 - Coupert USA: Users can get 15% off on their orders by using the code FOXNEWS at checkout. This code is valid until November 2, 2023. Everest promo code and coupons - Promocodes.com: Users can get up to 45% off on their orders by using the code BER17 at checkout. This code is valid until December 17, 2023. SCOTTeVEST coupons and deals - RetailMeNot: Users can get 15% off on their first order by signing up for the SCOTTeVEST email newsletter. This offer is valid until December 13th, 2023. By using these discounts, coupons, or promo codes from Evest or its partners, users can enhance their trading experience and achieve better results. However, users should always read the terms and conditions of each offer carefully before applying them. Also, users should be aware of the risks involved in forex trading and only invest what they can afford to lose.

Which Account Types are offered by Evest?

Evest is an online trading platform that offers a variety of account types for different types of traders. According to their website. , there are four main types of trading accounts: Standard, Mini, Managed, and Islamic. Standard Account: This account type is suitable for traders who want to trade with a minimum deposit of $250 and enjoy features such as daily market summary, market analysis, senior account manager, trading central platform, debit card, and no withdrawal fees. The spread starts from 3 pips and the leverage is up to 1:500. Mini Account: This account type is ideal for traders who want to trade with a minimum deposit of $5,000 and benefit from features such as daily market summary, market analysis, senior account manager, trading central platform, debit card, no withdrawal fees, and special events. The spread starts from 2.2 pips and the leverage is up to 1:500. Managed Account: This account type is designed for traders who want to delegate their trading decisions to professional managers who have extensive experience and expertise in the forex market. The minimum deposit varies depending on the manager’s preference and the leverage is up to 1:500. Islamic Account: This account type is exclusively for traders who follow the Sharia law and do not want to pay or receive interest on their trades. The minimum deposit is $250 and the leverage is up to 1:500. . All of these account types are available in multiple currencies and can be accessed through the Evest app or website. Evest also provides free educational resources such as webinars, videos, articles, and courses to help traders improve their skills and knowledge. Evest claims to offer zero commission on stock trading. and competitive spreads on forex trading. Evest is regulated by Atria Financial LTD in Vanuatu. and has received positive reviews from some media outlets such as Forbes Middle East. However, before opening an account with Evest or any other online trading platform, it is advisable to do your own research and due diligence on their reputation, services, fees, risks, and regulations.

How to Open a Evest LIVE Account?

Opening a LIVE account with Evest, a popular online trading platform, involves a few key steps. This platform offers a variety of account types to cater to different trading objectives and financial backgrounds. Step 1: Choose the Account Type Evest offers four main types of live trading accounts. : Silver: Deposit between $250-$4,999. Gold: Deposit between $5,000 - $19,999. Platinum: Deposit between $20,000 - $49,999. Diamond: Deposit $50,000 and more. . Step 2: Register Once you’ve chosen the account type that best suits your needs, you can register for an account on the Evest platform. Step 3: Deposit Funds After registration, you’ll need to deposit funds into your account. The minimum deposit amount varies depending on the account type. Step 4: Start Trading Once your account is funded, you can start trading. Evest offers over 400+ financial instruments to trade. Please note that trading exposes your capital to risk. It’s important to understand the risks involved and consider your level of experience before trading. If you need further assistance, Evest provides a free demo account for all users. , and you can reach out to their support team at support@evest.com.

How to Open a Evest DEMO account?

Opening a demo account with Evest is a straightforward process. Here’s a step-by-step guide:. Step 1: Visit the Evest Website First, navigate to the Evest trading platform. Step 2: Locate the Demo Account Option On the Evest website, look for the option to open a demo trading account. Step 3: Register for a Demo Account You will need to provide some personal information to register for a demo account. This typically includes your name and contact details. Step 4: Start Trading Once you’ve registered, you can start trading with your demo account. The demo account replicates the features and functions of a live trading account. , allowing you to gain hands-on experience in executing trades. Benefits of a Demo Account A demo account provides a risk-free environment to learn, practice, and explore the functionalities of a trading platform. It allows traders to test various strategies, understand market dynamics, and evaluate the services provided by the platform. Features of Evest’s Demo Account Evest’s demo account includes $25,000 in virtual funds. , allowing you to test and explore the platform without using real money. You can experience live market conditions and execute various trading strategies. Evest also provides over 400+ financial instruments that are divided into 4 main categories. Remember, the purpose of a demo account is to help you familiarize yourself with the trading platform and gain experience in executing trades. It’s an excellent method for determining the best strategies for you and preparing for live trading. If you have any issues or questions, you can reach out to Evest’s support team at support@evest.com. For complaints, you can send your request to complaints@evest.com. Please note that while a demo account provides a simulated trading environment, it may not fully represent a live trading scenario. Always exercise caution when transitioning from a demo to a live trading account. I hope this guide helps you in opening a demo account with Evest. Happy trading!.

How Are You Protected as a Client at Evest?

As a client at Evest, you are protected in several ways:. Verification Process Evest has a rigorous verification process in place to ensure the security of its clients. This includes phone verification and proof of identity and residence. All clients must be verified within a maximum of 14 days. In specific cases, the verification period may be shortened. Evest may request additional identification documents in accordance with regulations. Secure Transactions Evest uses SSL (Secure Socket Layer) technology for its client deposits. This SSL layer ensures that your transactions are kept safe and secure. Investment Opportunities Evest provides a wide range of investment opportunities, including stocks, ETFs, options, and cryptocurrencies. This diversification can help protect your portfolio from market volatility. Education and Support Evest offers free educational trading resources. This can help you make informed investment decisions, further protecting your capital. In case of any issues or complaints, you can reach out to their support team. Transparent Fees Evest operates with transparency when it comes to fees. They offer 0% commission on stock trading. , and there are no hidden fees. Regulatory Compliance Evest complies with all relevant regulations, providing an additional layer of protection for its clients. Please note that while Evest takes measures to protect its clients, investing always involves risk. It’s important to understand these risks and invest responsibly. For more detailed information, you can visit Evest’s official website or contact their support team.

Which Funding methods or Deposit Options are available at Evest?

Evest, a popular online trading platform, offers a variety of funding methods and deposit options for its users. Here are the details:. Credit or Debit Card Depositing funds into your Evest account using a credit or debit card is a quick and easy process. You simply select the “Credit Card” option and enter your card number, expiry date, and the CVV code. The funds should be credited to your account within minutes. SWIFT and IBAN Evest also accepts deposits via SWIFT and IBAN. A SWIFT code, also known as a BIC, is made up of 8 characters and is used to identify a particular bank. An IBAN (International Bank Account Number) helps banks identify your specific account for payments. Not all countries use IBANs, so if you’re requesting a withdrawal to a bank account that doesn’t have an IBAN, you can put your account number in the IBAN field and your branch code in the Comments field on the withdrawal page. Skrill Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account. Withdrawal To withdraw funds from your Evest account, you need to click on the “Withdraw Funds”, enter the amount to withdraw (in USD), complete the electronic withdrawal form as required, and then click "Submit". Please note that funds can only be withdrawn from your available balance. The minimum amount to withdraw is $25. The conversion fee is 2%. If not exempt, your withdrawal will be subject to a withdrawal fee. Please note that Evest does not allow 3rd party payments. This means a deposit made from a payment method that is not in the same name as the owner of the Evest account. As stated in Evest’s Terms & Conditions, the owner of the trading account must be the owner of the funds. It’s important to remember that all transactions are transmitted using Secure Socket Layer (SSL) technology, which further helps to ensure the privacy and security of your financial information.

What is the Minimum Deposit Amount at Evest?

Evest, a popular online trading platform, requires a minimum deposit of $250. This amount is considered reasonable for most regular traders. However, it’s important to note that Evest is an unregulated broker, and therefore, traders are advised to exercise caution when considering opening a real trading account. Depositing funds into an Evest account is a straightforward process. The platform uses Secure Socket Layer (SSL) technology to ensure the privacy and security of your financial information. Deposits can be made using a credit or debit card. The details required for this include your card number, the card’s expiry date, and the CVV code. Once these details are entered, the funds should be credited to your account within minutes. It’s important to note that Evest does not allow third-party payments. This means that the deposit must be made from a payment method that is in the same name as the owner of the Evest account. In terms of withdrawals, the minimum amount you can withdraw from your Evest account is $25. Withdrawal requests can take up to 7 business days to process. The time taken to receive your payment may vary depending on the payment provider involved. In the context of forex trading, Evest offers a range of financial instruments including forex pairs. The platform allows a minimum position number of 0.01 lots. , which can be particularly appealing to beginners. The maximum leverage for forex instruments is up to 1:400. However, it’s worth noting that Evest’s spreads are higher than the industry standard. For example, the spread on the EUR/USD pair is 3 pips, which is significantly higher than the average spread offered by most brokers. In conclusion, while Evest’s minimum deposit requirement and range of financial instruments may be attractive to some traders, the platform’s unregulated status and higher-than-average spreads are factors that potential users should consider carefully. As always, it’s recommended to do thorough research and consider multiple platforms before making a decision.

Which Withdrawal methods are available at Evest?

Evest, a well-known online trading platform, offers several methods for withdrawing funds. Here’s a detailed overview:. Withdrawal Process To initiate a withdrawal, follow these steps. Click on ‘Withdraw Funds’. Enter the amount to withdraw (in USD). Complete the electronic withdrawal form as required. Click ‘Submit’. Please note that funds can only be withdrawn from your available balance. If you have funds currently in open positions, you can free up more funds by closing positions. Important Points There are a few important points to keep in mind. Your account needs to be verified. The minimum amount to withdraw is $25. The conversion fee is 2%. If not exempt, your withdrawal will be subject to a withdrawal fee. Withdrawal Methods Evest supports several withdrawal methods. Bank Wire (BankTransfer/SWIFT). MasterCard. Processing Time Withdrawal requests take up to 7 business days to process. The time taken to receive your payment may vary depending on the payment provider involved. Status of Withdrawal You will be notified via email once the processing of your withdrawal request has been completed and informed to which payment provider your funds were sent. In addition, you can click on ‘Account’ and then on the History tab to see the withdrawal status. Please note that all transactions are transmitted using Secure Socket Layer (SSL) technology, which further helps to ensure the privacy and security of your financial information. Evest is committed to providing a safe, private, and secure trading environment for its users. I hope this information helps! If you have any other questions, feel free to ask.

Which Fees are charged by Evest?

Evest, a popular online trading platform, charges several types of fees. Here’s a detailed breakdown:. Processing Fee: A processing fee of $25 is charged to all clients who wish to withdraw funds from their accounts before participating in any opening & closing of positions. Deposit Fee: Evest does not charge any deposit fee. Third-Party Processors Fee: A fee of $5 is charged for withdrawals through third-party processors. The minimum withdrawal amount is $25. Conversion Fee: A conversion fee of 2% is applied. Inactivity Fee: An inactivity fee of $75 is charged after the end of the second month. The inactivity fee is lowered to $50 starting from the end of the 3rd month onward. Open positions will be closed to cover the inactivity fees. In terms of trading stocks, Evest does not charge management fees, rollover fees, ticketing fees, or any additional/hidden broker fees. You can open an account 100% free of charge with Evest. The cost of trading with Evest allows you to trade CFDs as low as 10 points with a maximum leverage up to 400 and a stop out is at a 20% Margin. Please note that these fees are subject to change and it’s always a good idea to check the latest trading fees on the Evest platform.

What can I trade with Evest?

Evest is a South African-based forex and CFD broker that offers a wide range of financial instruments for trading. Here are the details:. Forex Trading Evest offers the most popular currency pairs in the forex market available for trading 24 hours a day, 5 days a week. This means you’ll be able to trade the most popular major, minor, and exotic currency pairs. Stock Trading You can trade shares of your favorite successful brands from around the world, such as Tesla, Lucid Group, Netflix, Facebook, Apple, Alibaba, Google, and others, with 0% commission. Index Trading To achieve your trading goals, you can now open trading deals on stock market indices on the Evest platform in the form of CFDs. Cryptocurrency Trading The Evest platform now allows you to trade the world’s most popular and successful cryptocurrency CFD. Evest Investment Baskets (EIBs) You can easily trade your favorite stocks from different companies and brands by using Evest Investment Baskets. The EIBs allow you to trade several stocks from different companies as a single unit, resulting in lower trading costs than if you chose these stocks separately. Commodity Trading Strategically, you can trade the price fluctuations of precious metals, oil, and natural gas because Evest provides you with these tools, as well as other agricultural and other shiny natural resources. Please note that trading involves risk and it’s important to understand the risks involved before you start trading. Always do a careful fact check before you put your money on the line.

Which Trading Platforms are offered by Evest?

Evest is an online trading platform that offers users a wide range of investment and trading opportunities in the global financial markets. Evest provides users with access to over 400+ financial instruments, including stocks, ETFs, options, cryptocurrencies, and more. Evest also offers users various features and benefits, such as: 0% commission on stock trading: Users can trade stocks without paying any brokerage fees or commissions. Evest also offers tailor-made investment and trading packages for different levels of experience and goals. Mobile web-trader: Users can trade from any mobile device that is connected to the internet, from anywhere in the world. Evest’s mobile web-trader is a straightforward and convenient way to trade online without installing anything. MetaTrader 5 platform: Users can also access the MetaTrader 5 platform, which is one of the most popular and powerful platforms for forex trading. MetaTrader 5 allows users to trade multiple currency pairs, use advanced technical analysis tools, automate their trading strategies, and more. Evest Analytics: Users can get insights and analysis on the financial markets, important news, and trading opportunities from Evest’s team of experts. Evest Analytics also helps users to improve their trading skills and performance with free educational resources. Evest Trading Academy: Users can join Evest’s free online education program, which covers topics such as fundamental analysis, technical analysis, risk management, trading psychology, and more. Evest Trading Academy aims to empower users’ trading journey with knowledge and guidance. Evest is a trusted and reliable online trading platform that has been featured in various media outlets. Evest’s CEO is Ali Hasan. , who has been leading the company since its inception in September 2020. If you are interested in learning more about Evest or opening an account with them, you can visit their website or contact them directly.

Which Trading Instruments are offered by Evest?

Evest, a renowned online trading platform, offers a wide array of trading instruments. Here’s a detailed overview:. Forex: Evest provides the opportunity to trade the most popular major, minor, and exotic currency pairs in the forex market, available for trading 24 hours a day, 5 days a week. Global Stocks: You can trade shares of successful brands from around the world, such as Tesla, Lucid Group, Netflix, Facebook, Apple, Alibaba, Google, and others, with 0% commission. Indices: Evest allows you to open trading deals on stock market indices in the form of CFDs. This enables you to take advantage of price movements of entire economic sectors. Cryptocurrencies: The platform allows you to trade the world’s most popular and successful cryptocurrency CFDs. This modern and exciting way allows you to trade in a decentralized market 24 hours a day, seven days a week. Evest Investment Baskets (EIBs): Evest offers EIBs that allow you to trade several stocks from different companies as a single unit. This results in lower trading costs than if you chose these stocks separately. Commodities: Evest provides you with the tools to trade the price fluctuations of precious metals, oil, and natural gas. When the market is extremely volatile, traders tend to trade in this category more. In addition to these, Evest also offers other instruments such as Gold & silver, Metals, Energies. Evest operates within the framework of global licenses granted to them. , prioritizing the trader’s interests over all other considerations. This makes Evest a reliable platform for diverse trading needs.

Which Trading Servers are offered by Evest?

Evest, a prominent online trading platform, offers a robust and secure infrastructure for its trading servers. The platform ensures the highest level of protection for its users by employing state-of-the-art security measures. Security Measures. Evest’s system is fortified with the latest 256-bit SSL encryption technology. This advanced encryption standard is widely recognized for providing a high level of security, ensuring that data transmitted between the trading platform and the users remains confidential and secure. Server Infrastructure. The servers of Evest are located in SAS-70 certified data centers. SAS-70, or Statement on Auditing Standards No. 70, is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). A SAS-70 certification signifies that the data center has been through an in-depth audit of its control objectives and control activities, which often include controls over information technology and related processes. In addition to this, Evest’s servers are meticulously firewalled. Firewalling is a crucial security measure that monitors and controls incoming and outgoing network traffic based on predetermined security rules, thereby establishing a barrier between a trusted internal network and untrusted external networks. Transaction Execution. The buying and selling of assets on Evest are executed by PCI-Certified (currently Level-1) service providers. The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle branded credit cards. A PCI certification indicates that the service provider securely handles cardholder data during transactions, thereby reducing the risk of data breaches. In conclusion, Evest provides a secure and reliable trading environment by employing advanced security measures and maintaining a robust server infrastructure. This allows users to trade with confidence, knowing that their transactions and data are well-protected.

Can I trade Crypto with Evest? Which crypto currencies are supported by Evest?

Evest is an online trading platform that provides users with a wide range of investments, including cryptocurrencies. It offers a modern way to speculate in the up and down movements of the CFD prices. The platform allows you to trade cryptocurrency CFD’s around the clock with leverage 1:2, which means that profits and losses are multiplied. This offers significant potential to earn, but only when done in accordance with a well-defined strategy that limits the exposure to risk. Through the Evest platform, it is now possible to speculate on the prices of global cryptocurrencies such as Bitcoin, Shiba, Ethereum, and other currencies without having to own these digital assets in the first place. Other cryptocurrencies that can be traded on the EVEST platform include Cardano, Litecoin, Yuan Chain, and Ripple. It’s important to note that a high degree of risk is inherent in the trading of cryptocurrency on the Evest platform, which is why it is traded on customized conditions. Therefore, caution is essential when trading cryptocurrencies. In conclusion, Evest provides a platform for trading a variety of cryptocurrencies. However, due to the volatile nature of cryptocurrencies, it’s crucial to have a well-defined trading strategy and be aware of the risks involved.

What is the Leverage on my Evest Trading Account?

In the context of forex trading, leverage refers to the use of borrowed capital to increase the potential return of an investment. In the case of your Evest Trading Account, the maximum leverage offered is up to 1:400. This means that for every dollar in your account, you can trade with up to $400. Leverage varies depending on the specific financial instruments being traded. For instance, the maximum leverage for forex instruments is up to 1:400, while for gold and silver it’s 1:100, for stocks it’s 1:5, and for indices, metals, and energies it’s 1:100. It’s important to note that while leverage can magnify profits, it can also magnify losses. Therefore, it’s crucial to understand the risks associated with leveraged trading. For example, if a trade goes against you, you could potentially lose more than your initial investment. Evest also requires a minimum deposit of $250. This is the minimum amount you need to open a trading account with Evest. The minimum position number allowed by Evest is 0.01 lots. , which is quite friendly to beginners. When it comes to spreads and commissions, Evest offers fixed spreads. The spread on the EUR/USD pair is 3 pips, which is higher than the industry standard. Most brokers offer the EUR/USD benchmark spread around 1.2 pips. In conclusion, leverage is a powerful tool that can help traders maximize their profits. However, it’s important to use it responsibly and understand the risks involved. Always remember that while leverage can increase your potential profits, it can also increase your potential losses. Therefore, it’s crucial to have a solid risk management strategy in place when trading with leverage.

What kind of Spreads are offered by Evest?

Evest, a well-known trading platform, offers a variety of spreads to its clients. These spreads are determined by the type of financial instruments being traded, and they play a crucial role in the trading experience. Spreads Offered by Evest. Evest offers fixed spreads. The spread on the EUR/USD pair is 3 pips. , which is higher than the industry standard. Most brokers offer the EUR/USD benchmark spread around 1.2 pips. Trading Instruments. Evest provides access to a wide range of financial assets for trading. These include Forex, indices, global stocks, and more. It also offers access to over 100 international financial markets. , and there are ten exclusive instruments for Evest clients. Evest Investment Basket. Evest offers ten “Evest Investment Baskets,” which contain promising financial instruments grouped based on their weighted average, closing price, and price during the past sixty sessions. According to Evest, these Investment Baskets are suitable for traders who are risk-conservative, interested in EFTs, and don’t have time, yet want to trade long-term. Zero Commissions on Stock Trading. With Evest, traders can trade over three-hundred popular stocks with 0% commission. There are also no fees for real-time quotes, charting tools, deposits, or education. Trading Academy. The Evest Trading Academy is a resource for beginning traders who want to learn everything about trading, from basic ideas and terms to advanced market ideas. Easy Sign-Up. Signing up with Evest is easy. There is a verification process, and after that, traders can start trading. Please note that while Evest offers a variety of spreads and other features, it’s essential for traders to understand the risks involved in trading and to trade responsibly.

Does Evest offer MAM Accounts or PAMM Accounts?

Evest, a well-known online trading platform, offers a variety of live trading accounts, each with its own set of terms and conditions. However, there is no explicit mention of Evest offering MAM (Multi-Account Manager) or PAMM (Percentage Allocation Management Module) accounts in the search results. MAM Accounts MAM accounts, also known as Managed Forex Accounts, allow a money manager to make decisions across multiple accounts simultaneously. This is particularly useful for investors who trust the money manager to make all decisions regarding forex trading. The key difference between a MAM account and a PAMM account is that with a MAM account, the manager has the ability to tailor the risk of the portfolio to the wishes of the individual investor. PAMM Accounts PAMM accounts, on the other hand, allow an experienced investor or money manager to trade in currencies using the funds of multiple investors. The decisions made on the main account are reflected in all the sub-accounts based on a predetermined percentage. This means that the investors do not make the investment decisions themselves; instead, this responsibility lies entirely with the manager of the PAMM account. While Evest does not explicitly offer these types of accounts, they do provide a range of account types that cater to various types of traders based on their specific requirements, trading objectives, and financial background. Therefore, it’s possible that they may offer similar services under different names or structures. For definitive information, it would be best to contact Evest directly. Please note that trading puts your capital at risk. , and it’s important to understand the terms and conditions of any trading account before you start trading. It’s also recommended to seek advice from a financial advisor or conduct thorough research before making any investment decisions.

Does Evest allow Expert Advisors?

Evest, a broker based and regulated in South Africa, does indeed allow the use of Expert Advisors (EAs) in its trading platform. Expert Advisors (EAs), also known as forex robots, are tools that automate trades based on certain trading criteria. They are particularly beneficial for traders who use trading as a part-time job, as they eliminate the need to constantly monitor the market. EAs can track and analyze markets, and even execute trades automatically. However, it’s important to note that while Evest allows EAs, the platform it offers has been described as quite rudimentary and the trading conditions far from great. Most user reviews found online about Evest were quite negative. Therefore, while Evest might offer relative security, it does not necessarily provide a good trading environment. When choosing a broker for EA trading, it’s crucial to consider factors such as the broker’s EA policy, the trading platform they offer, their market execution speed, and how they handle slippage. Most EAs are programmed for MetaTrader, especially MetaTrader 4, so it’s best to pick a broker that supports MT4 and MT5. In conclusion, while Evest does allow the use of Expert Advisors, potential users should carefully consider the broker’s overall trading conditions and user reviews before deciding to open an account.

Does Evest offer Copytrading?

Based on the information available, it appears that Evest does not currently offer Copytrading. Evest is an online trading platform that provides users with a wide range of investments, stocks, ETFs, options, cryptocurrencies, and free educational trading. However, there is no mention of a Copytrading feature in the description of their services. It’s important to note that Copytrading is a feature offered by some online trading platforms that allows users to replicate the trades of other investors in real time. This can be a valuable tool for novice traders who wish to learn from more experienced investors, or for those who simply don’t have the time to manage their portfolio actively. While Evest does not appear to offer this feature, there are other platforms that do. For example, eToro is known for its CopyTrader™ feature, which allows users to invest like eToro’s top investors. When these top-performing traders make a trade, so do the users who are copying them. In the world of forex trading, Copytrading can be particularly useful. Forex markets are complex and highly volatile, making them difficult to navigate for inexperienced traders. By copying the trades of successful forex traders, novices can gain exposure to effective trading strategies that they may not have discovered on their own. However, it’s crucial to remember that all forms of trading, including Copytrading, come with risks. Even when copying the trades of successful investors, there’s no guarantee of success. Therefore, it’s essential for traders to do their research, understand the risks involved, and consider their financial situation and risk tolerance before engaging in Copytrading. In conclusion, while Evest offers a range of trading services, it does not currently offer a Copytrading feature. Traders interested in Copytrading may want to explore other platforms that offer this feature, such as eToro.