Score

1.57 /10
Danger

EVERGREEN

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.49

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

EVERGREEN · Company summary
EVERGREEN Review Summary
Registered Country/Region United Kingdom
Regulation Not regulated
Market Instruments N/A
Trading Platforms MT4
Minimum Deposit N/A
Customer Support Email(account@ever-forex.com)

Overview of EVERGREEN?

EVERGREEN, established in the United Kingdom, operates without regulatory oversight, intensifying risks regarding transparency and user protection. The absence of specified trading assets, leverage details, and spread information contributes to a lack of transparency, hindering informed decision-making for potential investors. Additionally, the platform's inaccessible website exacerbates distrust and raises questions about its credibility.

Furthermore, Evergreen's customer support limited to email communication exacerbates user frustration, potentially leading to delayed issue resolution.

Overview of EVERGREEN?

Pros & Cons

Pros Cons
N/A
  • Not regulated
  • Higher risk
  • Inaccessible website

Pros:

N/A

Cons:

Not Regulated:EVERGREEN lacks regulatory oversight, exposing users to higher risk. The absence of regulation raises risks about the platform's commitment to adhering to industry standards and protecting user interests.

Higher Risk: Investing with EVERGREEN carries a higher level of risk due to the lack of regulation and the uncertainty surrounding the broker. Without proper oversight, there is a potential for funds to be misappropriated or for the broker to disappear without notice.

Inaccessible Website: EVERGREEN‘s website can not be accessible. An inaccessible website can harm a company’s reputation, leading to a loss of trust and credibility among existing and potential customers.

Is EVERGREEN Safe or a Scam?

EVERGREEN, operating from the United Kingdom, lacks regulation, raising risks about transparency and adherence to industry standards. The absence of specified market instruments, demo accounts, leverage, spread details, and trading platforms creates an environment with limited information and transparency.

Additionally, the lack of a minimum deposit requirement makes it challenging for potential users to assess the financial commitment. Customer support is limited to email, potentially affecting real-time issue resolution.

Trading Platform

Evergreen's trading platform is based on MetaTrader 4 (MT4), a widely-used and respected platform in the financial industry. MT4 offers a user-friendly interface and robust features, allowing traders to execute trades efficiently and access a wide range of financial instruments. With MT4, traders can analyze market trends, implement various trading strategies, and utilize technical analysis tools to make informed decisions.

The platform also supports automated trading through expert advisors (EAs) and allows for customization to suit individual trading preferences. Overall, Evergreen's adoption of MT4 provides traders with a reliable and versatile platform for conducting their trading activities.

Trading Platform

Customer Service

Customers can get in touch with customer service line using the information provided below:

Email: account@ever-forex.com

Customer Service

Conclusion

In conclusion, there are significant risks about EVERGREEN legitimacy and reliability. The inaccessibility of their official website is a red flag and raises doubts about the trustworthiness of their trading platform. This lack of accessibility indicates a higher level of risk associated with investing with EVERGREEN.

Frequently Asked Questions (FAQs)

Q 1: Is EVERGREEN regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at EVERGREEN?
A 2: You can contact via email: account@ever-forex.com

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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User comment

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Comments

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TyT
more than one year
Withdrawal is smooth quick. Only issue I have is the opening of an account; must brokers is instant, but here, atleast a day and the mt4 login details which is normally automatically sent via email is not sent you have to request it. That's my experience though. Great for trading with an EA.. spreads are good.
Withdrawal is smooth quick. Only issue I have is the opening of an account; must brokers is instant, but here, atleast a day and the mt4 login details which is normally automatically sent via email is not sent you have to request it. That's my experience though. Great for trading with an EA.. spreads are good.
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2024-07-10 10:14
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Wendy121
more than one year
They do not operate lawfully. I had an issue regarding the accounts type and they openly break the law regarding who they offer a particular type of account. I pointed this out to them on numerous occasions however, they have willfully ignore me. I have reported them to the FCA and still awaiting an outcome. Nonetheless, it is difficult to trust a broker that is so negligent of consumer law so I quickly stopped using them. There are plenty of other CFD brokers that are far more competent.
They do not operate lawfully. I had an issue regarding the accounts type and they openly break the law regarding who they offer a particular type of account. I pointed this out to them on numerous occasions however, they have willfully ignore me. I have reported them to the FCA and still awaiting an outcome. Nonetheless, it is difficult to trust a broker that is so negligent of consumer law so I quickly stopped using them. There are plenty of other CFD brokers that are far more competent.
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2024-03-13 19:08
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