EverFX
EverFX Broker Overview
Here is every key fact about EverFX in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | EverFX |
|---|---|
| Broker name | EverFX |
| Foundation year | 2015 |
| Headquarters | Antheon 2, MonovolikoKato Polemidia Limassol,4151, Cyprus |
| Country | Cyprus |
| Telephone | +357-25885050 and +357 25885000 |
| Email / Skype | support@everfx.com |
| Fax | +357-25222426 |
| Regulated by | Regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 301/16 and registration number HE 346662. |
| Type of broker | STP/ECN/NDD |
| Min. deposit | $250 |
| Max leverage | 1:500 |
| Min. spreads | 0.0 Pips |
| Funding methods | Wire Transfer, Debit Card, Credit Card, Skrill, Neteller |
| Withdrawal methods | Wire Transfer, Debit Card, Credit Card, Skrill, Neteller |
| Base currencies | EUR, USD, GBP, AUD |
| Languages | English, German, Russian, Spanish, Arabic, Italian |
| Trading platforms | MetaTrader 4 |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✗ No |
| Segregated accounts | ✗ No |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4, spreads from 0.0 Pips, leverage up to 1:500 and a $250 minimum deposit. New clients can also check the current Yes.
Is EverFX Safe? Regulation and Company Details
EverFX is a regulated broker. Regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 301/16 and registration number HE 346662.
Regulation
Regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 301/16 and registration number HE 346662.
Head office
Antheon 2, MonovolikoKato Polemidia Limassol,4151, Cyprus (Cyprus)
Client funds
The broker does not list segregated client accounts.
Track record
In business since 2015. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
EverFX Trading Conditions
Spreads and commissions
EverFX spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This EverFX review covers regulation, fees, platforms and bonuses.
Official website: EverFX
EverFX Account Types
EverFX offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $250 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: EUR, USD, GBP, AUD. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at EverFX
EverFX supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
EverFX Bonus and Promotions
Bonuses are a big reason traders search for EverFX. Availability depends on your country and the account type.
- Yes — the current promotion for EverFX clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official EverFX website before accepting any offer.
EverFX Pros and Cons
Pros
- Regulated by the Cyprus Securities and Exchange Commission (CySEC) wit...
- Yes
- Low $250 minimum deposit
- Spreads from 0.0 Pips, STP/ECN/NDD execution
- MetaTrader 4
- Hedging and scalping allowed
- Islamic, mini and VIP accounts
Cons
- No managed accounts
- No segregated client accounts
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open an EverFX Account
- RegisterFill in your name, email, country and phone number on the EverFX sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $250 with your preferred method, claim any eligible bonus, then log in and start trading.
About EverFX
EverFX Review: Overview
EverFX is an online forex and CFD broker founded in 2015 and based in Cyprus. It operates on an STP, ECN and NDD execution model, which means client orders are passed on to liquidity providers rather than being handled only internally. The company's head office is at Antheon 2, Monovoliko, Kato Polemidia, Limassol, 4151, Cyprus.
The broker targets retail traders who want access to MetaTrader 4, a low minimum deposit, tight spreads and a range of account types, including Islamic and swap-free options. This review covers regulation, account types, platforms, costs, funding methods, bonuses and support, followed by a summary of the main advantages and drawbacks.
Before you open an account, keep in mind that trading forex and CFDs on leverage carries a high risk of losing money. Only trade with funds you can afford to lose.
Regulation and Safety
EverFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 301/16, with registration number HE 346662. CySEC is the national regulator for investment firms in Cyprus, and a licence from it means the broker must follow the rules set for its business, including requirements on how it conducts itself with clients.
Regulation does not remove trading risk, however. A regulated broker can still be a poor fit for some traders, and a licence does not guarantee profits or protect you from losses on your positions. Check the licence number and registration number yourself on the regulator's public register, and read the client agreement and risk disclosures before you deposit.
One point to note is that, based on the information available for this review, EverFX does not offer segregated client funds. Segregation is a safeguard in which client money is kept apart from the company's own funds. Traders who place a high value on this feature should confirm the current position directly with the broker before opening an account.
Account Types
EverFX offers several account types designed for different kinds of traders:
- Standard and mini accounts: Mini accounts are available, which can suit beginners or traders who want to start with smaller positions and a modest amount of capital.
- VIP accounts: VIP accounts are offered for more experienced or higher-volume clients. Ask the broker for the current conditions, as these can differ from standard accounts.
- Islamic accounts: Islamic accounts are available. These are designed to be compliant with Sharia principles, which generally means no swap or overnight interest is charged.
- Swap-free accounts: Swap-free accounts are also offered, providing another route for traders who want to avoid overnight financing charges.
- Demo account: EverFX provides a free demo account. This lets you practise with the platform and test strategies before risking real money.
EverFX does not offer managed accounts, so you will need to make your own trading decisions.
Account base currencies are EUR, USD, GBP and AUD. Choosing a base currency that matches your main income or savings currency can make it easier to track profit, loss and deposits.
Trading Platforms
EverFX offers MetaTrader 4 (MT4), one of the most widely used trading platforms in the retail forex market. MT4 is known for its charting tools, technical indicators, customisable layouts and support for automated trading through Expert Advisors.
Clients can trade on MT4 in three ways: through the desktop software, in a web browser (web trading is available) and on a mobile device (mobile trading is available). This flexibility means you can keep an eye on positions when you are away from your computer, though trading on a small screen calls for extra care.
The broker permits hedging, scalping and news trading. These strategies suit different styles, but each has its own risks. Scalping, for example, relies on frequent small trades and is sensitive to costs and execution quality. News trading can see sharp price moves and wider spreads around major announcements. Check whether your strategy fits the broker's rules and make sure you understand them before you start.
Spreads, Fees and Leverage
EverFX advertises spreads from 0.0 pips. Spreads are the difference between the buy and sell price, and they are one of the main trading costs for forex traders. A low minimum spread does not mean every trade will have that spread. Spreads usually change with market conditions, the currency pair, the time of day and the account type. Advertised minimums are also rarely the typical spread you will see in normal trading.
Trading costs can also include commissions, overnight swap charges and other fees. The information available for this review does not set out the full fee schedule, so you should read the broker's current pricing and fee documents before trading. Compare the total cost of trading, not just the advertised spread.
Leverage at EverFX goes up to 1:500. High leverage allows you to control a larger position with a smaller deposit, but it also magnifies losses as well as gains. A small adverse move can wipe out a large part of your balance, or lead to a margin call. Leverage available to you may be lower depending on your country of residence and the account type you choose. Many traders choose to use much less leverage than the maximum available.
The minimum deposit is 250. This is a relatively low entry point, though you should still consider how much you can afford to lose in total before committing funds.
Deposits and Withdrawals
EverFX accepts deposits by wire transfer, debit card, credit card, Skrill and Neteller, along with other methods listed on the broker's website. Withdrawals are available through the same range of options: wire transfer, debit card, credit card, Skrill, Neteller and others.
Using the same method for deposits and withdrawals is a common requirement in the industry, so check the current rules before you fund your account. Processing times, fees and minimum or maximum amounts can vary by method and by country. These details are not covered in full here, so please check them on the official EverFX website before making a transfer.
Bonuses
EverFX does not currently offer a welcome bonus or a no-deposit bonus, based on the information available for this review. The broker does list other promotions, so there may be additional offers running at certain times.
Promotions change frequently, and each one comes with its own terms, such as trading volume requirements, withdrawal conditions and eligibility rules. Read the full terms carefully before you claim any offer. A bonus that looks attractive can come with conditions that make it hard to withdraw profits, so treat promotions as an extra feature rather than a reason to choose a broker.
Customer Support
The information available for this review does not include detailed customer support hours or contact channels. EverFX's website is available in English, German, Russian, Spanish, Arabic and Italian, which may help clients who prefer to read in their own language. Before opening an account, check the official website for the support channels on offer and test how quickly they respond to your questions.
Pros and Cons
Pros
- Regulated by CySEC under licence number 301/16
- STP, ECN and NDD execution model
- Low minimum deposit of 250
- Spreads advertised from 0.0 pips
- MetaTrader 4 available on desktop, web and mobile
- Free demo account for practice
- Range of account types, including mini, VIP, Islamic and swap-free accounts
- Hedging, scalping and news trading are allowed
- Multiple account base currencies: EUR, USD, GBP and AUD
- Website available in six languages
Cons
- Leverage up to 1:500 increases the risk of rapid losses
- No welcome bonus or no-deposit bonus
- Segregated client funds are not offered, according to the available information
- No managed accounts
- Only MetaTrader 4 is listed as a platform
- Full fee schedule and customer support details are not covered in this review
Verdict
EverFX is a CySEC-regulated broker with a strong set of trading features for retail clients. Its low minimum deposit, advertised spreads from 0.0 pips, MetaTrader 4 access across desktop, web and mobile, and a wide choice of account types make it a practical option for many traders. Support for Islamic and swap-free accounts will also appeal to some clients.
The main points to weigh are the absence of segregated client funds, the lack of a welcome or no-deposit bonus, and leverage of up to 1:500. The broker suits traders who are comfortable with MT4 and who will use leverage with care. Anyone who needs segregated funds, managed accounts or a wider platform range should compare other brokers. Before you open an account, verify the licence on the regulator's register, read the full fee and bonus terms, and
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose EverFX?
EverFX offers a $250 entry cost, MT4 platforms and a track record since 2015.
EverFX suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
