EverFX

EverFX

Min $250

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65% of retail CFD accounts lose money.
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9.0/10 (Expert Score)
Product is rated as #5 in category CFD Brokers
This EverFX review gives you all the key facts you need to decide if it’s the right platform for your money. Brought to you by Brokerage Compare.
Commissions & Fees
8.9
Offering of Investments
9.2
Platforms & Tools
9.1
Research
8.7
Customer Service
8.8
Education
8.5
PROS:
  • Min Deposit $250
  • Max Leverage: 200:1 retail clients, 500:1 professional clients
  • Tradable Assets: 1,000+
  • Forex, Crypto, Stocks, Commodities, Indices, Energies, Metals
  • Credit/Debit card, Bank transfer, Electronic wallets
  • Web Trader, Mobile App, MetaTrader 4, Zulu Trade
  • 10 Languages Supported
  • Official Partner Sevilla football club
CONS:
  • Average withdrawal fees
  • No 24/7 support

EverFX Review


EverFX is a reliable online broker that operates internationally and prides itself on professional customer service and transparent reasonable fees for both its retail and institutional clients. The company was founded in 2016, its headquarters are in Cyprus and it counts over 100 staff. Through the EverFX trading platform, you can access more than 1,000 instruments from 6 asset classes.

EverFX Fees Review



PROS:
  • Low CFD fees
  • No deposit fees

CONS:
  • 65 units after 59 days of inactivity



CFD Fees

CFD trading fees are fairly low on EverFX. The table below lists some examples, which were correct at the point of publishing:

InstrumentMarginSpread
EURUSD100%floating
GBPUSD100%floating
APPLE10%floating
Gold50%floating
Bitcoin25%floating

Non-trading Fees

Account FeeDeposit FeeWithdrawal FeeInactivity Fee
$0$03%65 units if no activity for a period of 59 days

Visit EverFX

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EverFX Deposits & Withdrawals Review



PROS:
  • Min deposit $250
  • Credit/Debit card, Bank transfer, Electronic wallets
  • 3 Account base currencies

CONS:
  • 3% withdrawal fee



Account Base Currency

EverFX accepts deposits in GBP, EUR and USD.

How long will it take for my deposit to show on EverFX?

If you make the deposit over credit card or e-wallet, it’s instant. SEPA bank transfers take 1 working day, whereas SWIFT bank transfers and eVostro take up to 3 working days.

What is the EverFX minimum deposit?

EverFX’s minimum deposit is $250, or equivalent in other currencies.

Are there any limitations on how I withdraw money?

EverFX will allow withdrawals via the same method you used for payment and the account you withdraw to must be in your name. Please note, however, that they reserve the right to decline your specified withdrawal method.

When will I have access to my money if I withdraw from EverFX?

Withdrawals to credit card take 1 working day. Withdrawals via Netelle, Skrill, DragonPay, Payretailers, eVostro or SWIFT bank transfer take up to 3 working days. Withdrawals via SEPA bank transfer are the slowest, taking up to 5 working days.

Can I withdraw any amount?

There’s a minimum limit of $50.

Does EverFX charge withdrawal fees?

Yes, EverFX will charge fees for credit card and wallet withdrawals. There may also be additional charges from your bank.

Make your First Deposit with EverFX

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EverFX Account Types Review

You can easily open an EverFX account online, using your email address. Then you can choose between three options: standard, premium and VIP.

StandardPremiumVIP
250 Min Deposit5,000 Min Deposit30,000 Min Deposit
Min spread from 1.2 pipsMin spread from 0.8 pipsMin spread from 0 pips
Base currency USD, EUR, GBPBase currency USD, EUR, GBPBase currency USD, EUR, GBP
Other chargesOther chargesFREE VPS
No commissionsNo commissionsCommission $2 per lot traded ($4 per round lot)

Platform Languages

The EverFX platform is multilingual with 10 languages: English, Spanish, Arabic, Chinese, German, Russian, French, Italian, Polish, Turkish.

Open a Trading Account with EverFX

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EverFX Platforms & Assets Review



PROS:
  • 1,000+ tradable assets
  • Forex, Crypto, Stocks, Commodities, Indices, Energies, Metals
  • Web Trader, Mobile App, MetaTrader 4, Zulu Trade

CONS:
  • No Options & ETFs



Social Trading

EverFX offers a range of social trading tools, which are very easy to use. Through trader ratings, trends and stats, you can find the best investments for your money but you can also learn from other traders and share your own experience. If you’re new to trading, these features will ease you into online trading with real-time examples.

Start Social Trading with EverFX

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EverFX Customer Service Review



PROS:
  • 24/5, email, phone, request a call back

CONS:
  • No international call centres



EverFX customer service is available by phone and email during the working week. Although they don’t operate international call centres, you have the option of requesting a call back.

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Is EverFX safe?

RegulatorLicenseLegal Entity
Cyprus Securities and Exchange Commission (CySEC)301/16ICC Intercertus Capital Ltd
Financial Conduct Authority (FCA)FRN 763771ICC Intercertus Capital Limited
Seychelles Financial Services Authority (FSA)SD036Aerarium Limited
Cayman Islands Monetary Authority (CIMA)1444866ICC Intercertus Capital (Cayman) Limited

Is EverFX safe?

  • Yes, it is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), the Seychelles Financial Services Authority (FSA) and the Cayman Islands Monetary Authority (CIMA).


Is there negative balance protection on EverFX?
  • Yes, your losses can never exceed your account balance.

Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trade Safe with EverFX

Specification: EverFX

Max Leverage 200:1, 500:1 Pro clients
Assets 1,000+
CFDs Forex, Stocks, Commodities, Indices
Customer Type Beginners, Experienced Traders
Country/Region UK, Europe, Australia, Middle East, Asia
Platforms Web Trader, Mobile App, MetaTrader 4, ZuluTrade
Deposit Options Credit/Debit Cards, Electronic Wallets, Bank Transfer
Regulated by FCA, CySEC, FSA
Customer Service Phone, Email, Request a callback

Videos: EverFX

Photos: EverFX

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