EverFX Latest Review 2022

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Foreign exchange (FX) and Bitcoin trading are only two of the many financial markets that may be accessed through EverFX Global, a global broker. In this article, we’ll take a closer look at the MetaTrader 4 platform, dissecting its features like installation, withdrawals, support, minimum deposits, and legality. Determine if this is the right broker for your needs. Check out this link for an expert assessment of the broker on EverFX review.

Outline of EverFX

True to its name, EverFX is a broker that provides clients with a wide range of funding choices and access to 130 products from 6 asset classes. ICC Intercertus Capital Ltd, which owns the global brokerage, is subject to oversight from the CySEC, the Financial Conduct Authority (FCA), and the Chartered Institute of Management Accountants (CIMA).

EverFX, with headquarters in Limassol, Cyprus, is a partner of the CashFX Company and the current title sponsor of Sevilla FC. The company’s founder and CEO placed a premium on offering clients cutting-edge trading software, in-depth market analysis, and round-the-clock service.

Trading Platforms

With EverFX Global, you may trade on the web and the widely used MetaTrader 4 and MetaTrader 5 platforms.

MetaTrader 4

In the eyes of many satisfied customers, MT4 is the best trading platform available. The simplicity and dependability of the system have made it famous. It’s perfect for novice and seasoned traders thanks to its wide range of technical analysis features and flexible order types.

End-users gain access to:

  • Lots of charts and graphs for technical analysis
  • The charts cover nine-time ranges and three different styles.
  • Customizable user interface
  • Robotic trading systems
  • Easy, one-click trading

MetaTrader 5

Customers searching for sophisticated trading features can access a robust toolkit through MT5. The complex software package promises more incredible customizability, execution options, and analysis features than its MT4 forerunner. 21 timeframes, 38 technical indicators, 6 pending order types, a market depth feature, an integrated economic calendar, and a newsfeed are all available to users.

EverFX also provides a WebTrader platform. All the popular features of MT4 are available in this browser-based substitute without downloading any additional software.

Markets

In total, 130 different financial assets are available for trading by EverFX customers.

  • Trading currency pairs such as the Euro/U.S. Dollar, British Pound/U.S. Dollar, and the U.S. Dollar/Japanese Yen Stock can be purchased in well-known companies such as Amazon, Facebook, and Apple.
  • Trade on major international stock market indices like the Dow Jones, Nikkei 225, and Euro Stoxx 50.
  • Trading in metals like gold, aluminum, and copper may be a fun diversion from the usual stock and currency markets.
  • Futures trading on commodities including wheat, cotton, and coffee
  • Exchange 15 of the most popular cryptocurrencies, including but not limited to Bitcoin, Ethereum, and Ripple.

Spreads & Commission

EverFX Global has relatively low spreads in the industry. Spreads begin at 1.5 pips for Entry accounts, 1.2 pips for Standard account holders, 0.8 pips for Premium account holders, and zero pips for VIP account holders.

VIP accounts are subject to a commission fee, which varies from $2 to $6 for each lot, depending on the user’s location. However, there is no mention of any overnight fees or other costs. Investors should get in touch with support to avoid any unexpected costs.

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Leverage

Limits on leverage are 1:500 for Entry and Standard accounts, 1:400 for Premium accounts, and 1:200 for VIP accounts. Customers can benefit from high leverage since it allows them to make substantial profits with a small outlay of capital.

Mobile Apps

EverFX Global recognizes the growing popularity of mobile trading and has made its platform accessible through Android and iOS devices.

The mobile app provides quick execution via instant and pending orders and thorough market analysis via charts and graphical features. It is also possible to set up risk management tools and push notifications.

The app is free for download on Apple App and Google Play Store.

Trading Hours

All the time you can visit www.EverFX.com. However, there are set trading times for specific marketplaces. Clients can inquire with the help desk about the availability of particular instruments at any time.

Verdict

All accounts at EverFX Global are charged the same spread of 0.8-1.2 pips, which includes the broker’s markup. VIP accounts, however, have a spread of zero pips and a fixed commission. Besides the browser platform and the trade-copying technology embedded in the user’s account, the company has developed almost no proprietary technology.