Score

1.52 /10
Danger

Evast Prime

Ukraine

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 15

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.11

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Broker Information

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Company Name

Evast Prime

Company Abbreviation

Evast Prime

Platform registered country and region

Ukraine

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    Evast Prime · Company summary

    General Information & Regulation

    Evast Prime was founded in 2017, a Forex and CFD brokerage firm based in Ukraine. Evast Prime's official website does not show any detailed regulatory information.

    Market Instruments

    Evast Prime offers investors more than 20 Forex currency pairs, CFDs, commodities, stocks, indices, gold, silver, and oil as the main tradable assets.

    Minimum Deposit

    The official Evast Prime website does not mention much about account types it offers. Evast Prime seems to offer only a standard account for investors. The minimum deposit amount for the account is not fully disclosed.

    Evast Prime Leverage

    With reagard to trading leverage, the maximum trading leverage for the account is up to 1:100. Professional traders may hold that the leverage level is a little conservative. However, inexperienced traders are not advised to use high trading leverage, for margin trading is quite risky.

    Spreads & Commissions

    Evast Prime also does not show enough confidence in the spreads of the trading instruments, only that the minimum spread for a standard account starts from 0.4 pips and the commission for trading is $30 per lot.

    Trading platform

    Evast Prime offers traders the widely recognized and industry-leading MT4 trading platform. MT4 is the gold standard in forex trading platforms, which is easy to use, featuring advanced charting tools and technical analysis indicators, different order options to help traders of all levels develop their trading strategies and help traders trade with ease.

    User Reviews

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    User comment

    4

    Comments

    Write a review

    FX1327242360
    more than one year
    Evast Prime manipulated the price, and charting tools in its mt4 trading platform were unless and terrible. My losses were largely due to its bad trading signals. Honestly, this broker doesn’t deserve a star.
    Evast Prime manipulated the price, and charting tools in its mt4 trading platform were unless and terrible. My losses were largely due to its bad trading signals. Honestly, this broker doesn’t deserve a star.
    Translate to English
    2023-03-06 11:47
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    FX1094788557
    more than one year
    ¡No negocie con Evast Prime! Totalmente una empresa de estafa. Al principio me atrajeron con varias condiciones, me dejaron invertir y me prometieron altos rendimientos. Después de que hice un depósito, mis operaciones fueron algo así como... manipuladas y amañadas y comencé a perder dinero a lo loco.
    ¡No negocie con Evast Prime! Totalmente una empresa de estafa. Al principio me atrajeron con varias condiciones, me dejaron invertir y me prometieron altos rendimientos. Después de que hice un depósito, mis operaciones fueron algo así como... manipuladas y amañadas y comencé a perder dinero a lo loco.
    Translate to English
    2022-12-01 15:46
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