Score

1.46 /10
Danger

EVEREST

Mauritius

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.65

Risk Management Index0.00

Software Index4.00

License Index0.00

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

open now

Regulatory disclosure

Warning

ID BAPPEBTI
2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
EVEREST
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FXPRIMUS
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FXVIEW
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ForexVox

Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
EVEREST
Nadex
Xtreme Markets
Oxtrade
NordFX EU
AccuIndex
PO TRADE
Binarycent
VOBLAST
FXPRIMUS
Deriv
InstaForex
HSB Forex Trade
FXVIEW
Fidelcrest
LegacyFX
FBS
MarketsVox
TriumphFX
Exclusive Markets
ForexVox

Broker Information

More

Company Name

Myrtle Ltd

Company Abbreviation

EVEREST

Platform registered country and region

Mauritius

Company website

X

Facebook

YouTube

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-27
  • 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

Pyramid scheme complaint
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User Reviews

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User comment

5

Comments

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JakieZhao0061
more than one year
However, one good thing is that they offer negative balance protection to prevent your account balance from becoming negative.
However, one good thing is that they offer negative balance protection to prevent your account balance from becoming negative.
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2023-04-04 09:31
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FX1460525824
more than one year
After trading with EVEREST for a while, I can share my real trading experience. Firstly, the trading fees are extremely unclear, as they promised "low spreads and minimal commissions" which simply didn't exist - the spreads were huge. Secondly, while they do provide MT4 and webtrader platforms, they aren't very stable and often freeze up. I've also had trouble logging in to my account. Thirdly, customer support is lacking in professionalism and it takes a long time to get a helpful response.
After trading with EVEREST for a while, I can share my real trading experience. Firstly, the trading fees are extremely unclear, as they promised "low spreads and minimal commissions" which simply didn't exist - the spreads were huge. Secondly, while they do provide MT4 and webtrader platforms, they aren't very stable and often freeze up. I've also had trouble logging in to my account. Thirdly, customer support is lacking in professionalism and it takes a long time to get a helpful response.
Translate to English
2023-04-03 18:26
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0
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