Score

1.33 /10
Danger

CoinEvo

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.62

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

CoinEvo

Company Abbreviation

CoinEvo

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

CoinEvo · Company summary

Note: CoinEvo's official website: https://coinevo.pro/ is currently inaccessible normally.

CoinEvo Review Summary
Founded2024
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex, stocks, commodities
Demo Account
LeverageUp to 1:300
EUR/USD SpreadFrom 0.1 pips
Trading PlatformWeb
Min Deposit$250
Customer SupportEmail: support@coinevo.pro

CoinEvo Information

Founded in 2024, CoinEvo is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading on forex, stocks and commodities with leverage up to 1:300 and spread from 0.1 pips via a web-based trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is $250.

CoinEvo

Pros and Cons

Pros Cons
Demo accountsInaccessible website
Multiple account typesNo regulation
Flexible leverage ratiosLimited tradable assets
Popular payment optionsDormant fee charged
No MT4/MT5 platform
High minimum deposit requirement
Withdrawal fee charged
Only email support

Is CoinEvo Legit?

No. CoinEvo currently has no valid regulations. Please be aware of the risk!

No license

What Can I Trade on CoinEvo?

Tradable Instruments Supported
Forex
Stocks
Commodities
Indices
Cryptocurrencies
Bonds
Options
ETFs

Account Type

Here are three account types CoinEvo offers:

Account TypeMin Deposit
CENTAcc$250
PROAcc$2,500
PRO+Acc$25,000

Leverage

Account TypeMax Leverage
CENTAcc1:100
PROAcc1:200
PRO+Acc1:300

The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

CoinEvo Fees

Account TypeSpread
CENTAccFrom 0.1 pips
PROAccFrom 0.1 pips
PRO+AccFrom 1.3 pips

CoinEvo also charges a 10% per month dormant fee if the client did not login and traded from the account within six months.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-based PlatformWeb/
MT4/Beginners
MT5/Experienced traders
Web-based Platform

Deposit and Withdrawal

The broker accepts payments via bank transfer, credit cards and eWallets.

Payment OptionMin Withdrawal TransactionFeeProcessing Fee
Wire transfers250 USD/GBP/EUR50 USD/GBP/EUR/
Credit cards100 USD/GBP/EUR25 USD/GBP/EUR10 USD/7 EUR/5 GBP
ePayments100 USD/GBP/EUR25 USD/GBP/EUR/

A levy of 10% of the withdrawal amount will be charged to any withdrawal from an account that has not executed more than 200 in turnover and/or from accounts that have not been verified.

News

ExposureMilton Group and Coinevo | How was the scam formed?

The BBC investigates the global fraud network Milton Group and its trading platform Coinevo. How was the scam formed?

WikiFX
2023-04-18 17:38
Milton Group and Coinevo | How was the scam formed?

User Reviews

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hehe
more than one year
Excellent customer support, without which it would have been a mess. Hats off for the fast support and resolution of the issue. Besides, narrow spreads and flexible trading leverage also are tied up with my long stay here.
Excellent customer support, without which it would have been a mess. Hats off for the fast support and resolution of the issue. Besides, narrow spreads and flexible trading leverage also are tied up with my long stay here.
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2023-03-06 11:03
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