Evest is a well-established online brokerage platform offering a wide range of financial instruments and trading services. Known for its user-friendly interface and robust trading tools, Evest caters to both beginner and experienced traders. The platform provides access to various asset classes, including forex, commodities, indices, and cryptocurrencies, making it a versatile choice for traders looking to diversify their portfolios.
General Risk Warning
Trading involves significant risk and may not be suitable for all investors. The high associated with trading can result in substantial losses as well as gains. It is essential to understand the risks involved and only trade with funds that you can afford to lose. Always seek independent financial advice if you are unsure about the risks involved.
Evest Full Review
Evest offers a comprehensive suite of trading tools and educational resources to help traders make informed decisions. The platform is designed with a focus on ease of use, providing an intuitive trading experience for users of all levels. Evest offers a variety of account types, competitive spreads, and advanced trading features, making it a popular choice among traders worldwide.
General Information & First Impressions
Evest stands out with its modern and easy-to-navigate website, offering a seamless onboarding process. The platform supports multiple languages, making it accessible to a global audience. Evest provides a range of educational materials, including webinars, tutorials, and market analysis, helping traders to stay informed and enhance their trading skills.
Evest Pros and Cons
Pros:
- User-friendly platform with a modern interface
- Wide range of tradable instruments
- Competitive spreads and fees
- Comprehensive educational resources
- Strong regulatory framework
Cons:
- Limited withdrawal options
- Customer support response times can be slow
Who Is Evest For?
Evest is suitable for traders of all experience levels. Beginners will appreciate the platform's educational resources and easy-to-use interface, while experienced traders can take advantage of the advanced trading tools and wide range of available assets. The platform is also ideal for traders looking to diversify their investments across different asset classes.
Account Types and Benefits
Evest offers several account types to cater to different trading needs:
Account Type |
Minimum Deposit |
Key Features |
Basic |
$250 |
Access to all trading instruments, 24/5 support |
Silver |
$2,500 |
Lower spreads, personal account manager |
Gold |
$10,000 |
Free VPS, priority customer support, lower spreads |
Platinum |
$50,000 |
Customized trading conditions, exclusive market analysis |
Evest Trading Platforms
Evest offers a versatile trading platform that includes MetaTrader 4 (MT4) and a proprietary web-based platform. MT4 is renowned for its robust charting tools, automated trading capabilities, and ease of use. The proprietary platform complements MT4 with additional features and a more streamlined user experience.
Evest Mobile Trading
Evest provides a mobile app compatible with both iOS and Android devices. The app offers full functionality, allowing traders to manage their accounts, execute trades, and access real-time market data on the go. The mobile platform is designed to be intuitive and user-friendly, making it easy for traders to stay connected to the markets.
Evest Trading Features
Evest offers a range of advanced trading features, including:
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Leverage: Up to 1:500, allowing traders to amplify their market exposure
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Order Types: Market orders, limit orders, stop-loss, and trailing stop orders
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Trading Tools: Advanced charting, technical analysis tools, and economic calendar
Evest Research & Education
Evest provides a comprehensive suite of educational resources, including:
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Webinars: Regular webinars on market analysis, trading strategies, and platform tutorials
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Articles and Tutorials: A library of articles and tutorials covering various trading topics
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Market Analysis: Daily and weekly market analysis reports
Evest Regulations & Licensing
Evest is a regulated broker, ensuring a secure trading environment for its clients. The broker is licensed by reputable financial authorities, providing traders with peace of mind and assurance of compliance with industry standards.
Evest Pricing
Evest offers competitive spreads and transparent pricing. The broker does not charge commissions on most trades, with costs incorporated into the spreads. Spreads vary depending on the account type and the asset being traded.
Evest Deposits & Withdrawals
Evest offers multiple deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets. Withdrawal times vary based on the method used, with e-wallets typically being the fastest.
Method |
Deposit Time |
Withdrawal Time |
Fees |
Bank Transfer |
2-5 business days |
3-7 business days |
Varies by bank |
Credit/Debit Card |
Instant |
1-3 business days |
None |
E-wallets |
Instant |
24-48 hours |
Varies by provider |
Customer Support
Evest offers 24/5 customer support via live chat, email, and phone. The support team is knowledgeable and ready to assist with any issues or questions. However, response times can vary, especially during peak trading hours.
Evest Trading Experience
The trading experience on Evest is smooth and efficient. The platform's intuitive design and advanced features make it easy for traders to manage their accounts and execute trades. The availability of both MT4 and a proprietary platform offers flexibility and choice.
Evest Bottom Line
Evest is a reliable and user-friendly broker offering a wide range of trading instruments and competitive pricing. The platform's strong regulatory framework and comprehensive educational resources make it a solid choice for traders of all levels.
Evest Spreads
Evest offers competitive spreads across all asset classes. Here is an example of typical spreads:
Asset Class |
Spread (pips) |
Forex |
1.0 - 3.0 |
Commodities |
0.5 - 2.0 |
Indices |
1.0 - 5.0 |
Cryptocurrencies |
0.1 - 5.0 |
Evest Swap Fees
Swap fees at Evest are charged on positions held overnight. The fees vary depending on the asset class and the direction of the trade (long or short).
Asset Class |
Long Swap (pips) |
Short Swap (pips) |
Forex |
0.5 - 2.0 |
0.5 - 2.0 |
Commodities |
0.1 - 1.0 |
0.1 - 1.0 |
Indices |
0.5 - 3.0 |
0.5 - 3.0 |
Cryptocurrencies |
1.0 - 10.0 |
1.0 - 10.0 |
Evest Available Languages
Evest supports multiple languages, including English, Spanish, French, German, and Arabic, making it accessible to a global audience.
Evest Charts Available
Evest offers a variety of charting options, including line, bar, and candlestick charts. Traders can customize charts with technical indicators and drawing tools to suit their analysis needs.
Evest Order Types
Evest supports various order types, including:
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Market Order: Execute a trade at the current market price.
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Limit Order: Set a specific price to enter or exit a trade.
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Stop-Loss Order: Automatically close a position at a predetermined loss level.
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Trailing Stop Order: Set a stop-loss order that adjusts as the market moves in your favor.
Evest Order Execution Model
Evest operates with a no dealing desk (NDD) execution model, ensuring that orders are executed quickly and transparently without any conflict of interest.
Evest MetaTrader
Evest supports both MetaTrader 4 and MetaTrader 5, offering traders access to the industry-standard trading platforms known for their robust features and user-friendly interfaces.
Evest Islamic Account
Evest offers Islamic accounts for traders who require swap-free trading conditions due to religious beliefs. These accounts comply with Sharia law and do not charge or earn interest on overnight positions.
Evest Maximum Leverage by Asset Class
Asset Class |
Maximum Leverage |
Forex |
1:500 |
Commodities |
1:200 |
Indices |
1:200 |
Cryptocurrencies |
1:100 |
What Can You Trade with Evest?
Evest offers a wide range of tradable instruments, including:
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Forex: Major, minor, and exotic currency pairs
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Commodities: Precious metals, energy products, agricultural goods
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Indices: Major global indices
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Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more
Evest Tradable Instruments
Instrument |
Examples |
Forex |
EUR/USD, GBP/JPY |
Commodities |
Gold, Oil |
Indices |
S&P 500, DAX |
Cryptocurrencies |
BTC, ETH, LTC |
Possible to Trade NFTs?
As of 2024, Evest does not offer direct trading in non-fungible tokens (NFTs). However, traders interested in the digital asset space can access a range of cryptocurrencies, which often correlate with the broader digital and blockchain markets.
Evest vs. eToro
Evest and eToro are both popular online brokers, but they cater to slightly different markets. Evest is known for its competitive spreads, comprehensive educational resources, and a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. eToro, on the other hand, is renowned for its social trading features, allowing users to copy the trades of experienced investors. While both platforms offer robust trading tools, eToro's social trading feature may appeal more to beginners or those looking to learn from others, while Evest offers more traditional trading features and tools.
What’s New in 2024?
In 2024, Evest has introduced several enhancements to its platform, including an upgraded user interface for better navigation and an expanded range of educational resources. The platform has also improved its customer support services, offering faster response times and additional languages. Evest continues to focus on providing a secure and efficient trading environment, with ongoing updates to its security measures and compliance protocols.
FAQ
Is Evest a Safe Broker? ▶
Yes, Evest is a regulated broker with a strong reputation for providing a secure trading environment. The broker adheres to industry standards and regulations, ensuring the safety of client funds and data.
What Platforms Does Evest Offer? ▶
Evest offers MetaTrader 4 and MetaTrader 5, as well as a proprietary web-based platform. These platforms are known for their robust trading features and user-friendly interfaces.
Does Evest Charge Commissions? ▶
Evest primarily makes its revenue through spreads and does not charge commissions on most trades. However, there may be fees associated with certain account types or trading activities.
Can I Trade Cryptocurrencies with Evest? ▶
Yes, Evest offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Traders can speculate on the price movements of these digital assets.
What Is the Minimum Deposit for Evest? ▶
The minimum deposit for opening an account with Evest is $250. This entry-level deposit makes the platform accessible to a wide range of traders.
How Can I Contact Evest Customer Support? ▶
Evest offers customer support via live chat, email, and phone. The support team is available 24/5 to assist with any queries or issues.
Does Evest Offer a Demo Account? ▶
Yes, Evest provides a demo account that allows traders to practice their strategies and familiarize themselves with the platform without risking real money.
What Are the Deposit and Withdrawal Options with Evest? ▶
Evest offers multiple deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets. The processing time and fees vary depending on the method used.
Is Evest Regulated? ▶
Yes, Evest is a regulated broker. The platform complies with international standards and regulations, ensuring a safe and transparent trading environment.
What Leverage Does Evest Offer? ▶
Evest offers leverage up to 1:500, depending on the asset class. This allows traders to control larger positions with a smaller amount of capital.
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