Score

5.50 /10
Average

Evest

United Kingdom

2-5 years

Regulated in South Africa

Retail Forex License

MT5 Full License

High potential risk

Offshore Regulated

B

Add brokers

Comparison

Quantity 7

Exposure

Open Account
Website

Score

Regulatory Index5.50

Business Index6.81

Risk Management Index0.00

Software Index8.80

License Index5.50

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

ATRIAFINANCIAL HOLDINGS LTD

Company Abbreviation

Evest

Platform registered country and region

United Kingdom

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2025-07-03
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Vanuatu VFSC regulation with license number: 17910 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
    Evest · Company summary
    Evest Review Summary
    Founded2003
    Registered Country/RegionUnited Kingdom
    RegulationFSCA, VFSC (Offshore regulated)
    Market InstrumentsStocks, currencies, commodities, indices, and cryptocurrencies
    Demo Account
    Islamic Account
    LeverageUp to 1:400
    SpreadFrom 1.8 pips (Silver account)
    Trading PlatformEvest Global Markets App
    Minimum Deposit$250
    Customer SupportService time: Monday to Friday: from 8:00 am to Midnight; Sunday: From 9:00 am to 6:00 pm
    UAE: +971-521-733-716
    Saudi Arabia: +966-115-112-675

    Evest Information

    Evest, regulated by the FSCA and VFSC, is an online trading platform offering over 400 trading instruments, including stocks, currencies, commodities, indices, and cryptocurrencies. They provide a demo account for practice, up to 1:400 leverage and variable spreads, accessible through their proprietary trading platforms on web, iOS, and Android.

    Evest Information

    Pros and Cons

    ProsCons
    • Regulated by FSCA
    • Offshore regulated by VFSC
    • Various trading markets
    • Conversion fee of 2%
    • Offers four account types and demo accounts
    • Withdrawals incur a $5 fee with a $25 minimum
    • Inactivity fee of $75
    • No MT4/MT5
    • High minimum deposit

    Is Evest Legit?

    Evest has a Retail Forex License regulated by the Financial Sector Conduct Authority (FSCA) in South Africa with a license number of 36060. Evest is also officially licensed and offshore regulated by the Vanuatu Financial Services Commission (VFSC) in Vanuatu under license number 17910.

    Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
    Financial Sector Conduct Authority (FSCA)RegulatedSouth AfricaRetail Forex License36060
    Vanuatu Financial Services Commission (VFSC)Offshore RegulatedVanuatuRetail Forex License17910
    license
    license

    What Can I Trade on Evest?

    Evest provides access to over 400 financial instruments, including stocks, currencies, commodities, indices, and cryptocurrencies, allowing for portfolio diversification.

    Tradable InstrumentsSupported
    Currencies
    Commodities
    Stocks
    Indices
    Cryptocurrencies
    Bonds
    Options
    ETFs
    products

    Account Type

    Evest offers four account types - Silver, Gold, Platinum, and Diamond. They also offer Demo Accounts and Islamic Trading Accounts.

    Account TypeMinimum DepositSpread
    Silver$250From 1.8 pips
    Gold$5,000From 1.4 pips
    Platinum$20,000From 0.9 pips
    Diamond$50,000From 0.5 pips
    Account Type

    Leverage

    Evest offers up to 1:400 leverage. Higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

    Evest Fees

    1. Trading-related fees
    Fee TypeAmount
    Conversion Fee2%
    Deposit Fee0
    Withdrawal Fee$5 (minimum withdrawal amount $25)
    Inactivity Fee$75 after the end of the second month
    Trading-related fees
    1. Trading stocks

    Evest offers stock trading with no ticketing, rollover, management, or additional/hidden broker fees, allowing users to trade without these common charges.

    Trading stocks
    1. Spread by account type

    Evest offers variable spreads on currencies starting from as low as 0.5 pips for Diamond account holders, with spreads widening for lower account tiers.

    Account TypeSilver Gold Platinum Diamond
    EUR/USDFrom 2 pipsFrom 1.4 pipsFrom 0.9 pipsFrom 0.5 pips
    EUR/JPYFrom 2.3 pipsFrom 1.7 pipsFrom 1.2 pipsFrom 0.7 pips
    EUR/CHFFrom 2.8 pipsFrom 2.1 pipsFrom 1.7 pipsFrom 1.1 pips
    USD/JPYFrom 2.3 pipsFrom 2 pipsFrom 1.4 pipsFrom 1 pip
    USD/CADFrom 1.7 pipsFrom 1.2 pipsFrom 0.9 pips
    USD/CHFFrom 2 pips
    GBP/USDFrom 2.3 pipsFrom 0.7 pips
    Spread by account type
    1. Cost of overnight trading with Evest

    Evest charges overnight swap fees that vary by currency pair and account type, with Diamond account holders generally experiencing the lowest costs for holding positions overnight.

    Account TypeSilverGoldPlatinumDiamond
    Long ShortLong ShortLong Short Long Short
    EUR/USD-5.8-3.7-5.2-3.1-4.6-2.5-4.1-2
    EUR/JPY-4.4-5.2-3.8-4.6-3.2-4-2.7-3.4
    EUR/CHF-5.8-12.1-5.2-11.5-4.6-10.9-4-10.3
    USD/JPY-3.8-6.7-2.7-5.6-2.3-5.2-1.9-4.8
    USD/CAD-4.8-4.8-4.2-4.2-3.6-3.6-3.2-3.2
    USD/CHF-4.8-13.1-4.2-12.5-3.6-11.9-3.2-11.5
    Cost of overnight trading with Evest

    Trading Platform

    Trading PlatformSupportedAvailable DevicesSuitable for
    Evest Global Markets AppWeb, iOS, Android/
    MT4/Beginners
    MT5/Experienced traders
    Evest Global Markets App

    Deposit and Withdrawal

    Evest offers free deposits, while withdrawals incur a $5 fee with a minimum withdrawal amount of $25. The minimum deposit is not mentioned. Apart from that, it charges a 2% conversion fee and processes withdrawals within up to 7 business days.

    Deposit and Withdrawal

    User Reviews

    More

    User comment

    13

    Comments

    Write a review

    FX1806101635
    3-6months
    منصة إيفست
    منصة إيفست
    Translate to English
    2025-03-17 12:19
    Reply
    0
    0
    FX1806101635
    3-6months
    نصابين وأكبر محترفين بطريقة احترافية واخر شي تخسر كل صفقاتك وفلوسك تروح منك ارجو الانتباه منهم حرام تودع فلوسك عندهم
    نصابين وأكبر محترفين بطريقة احترافية واخر شي تخسر كل صفقاتك وفلوسك تروح منك ارجو الانتباه منهم حرام تودع فلوسك عندهم
    Translate to English
    2025-03-15 11:05
    Reply
    0
    0
    7