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Score

1.43 /10
Danger

IndexEvolve

Bahamas

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://indexevolve.com/index.html

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Score

Regulatory Index0.00

Business Index6.41

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

Danger

BS SCB
2022-03-22
SECURITIES COMMISSION OF THE BAHAMAS PUBLIC NOTICE No. 4 of 2022 22 March 2022 RE: EVOLVE INVEST LIMITED NOT REGULATED BY THE SECURITIES COMMISSION
IndexEvolve

Danger

MU FSC
2022-02-28
INVESTOR ALERT: EVOLVE INVEST LTD
IndexEvolve

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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IndexEvolve · Company summary

Note: IndexEvolve's official website - https://indexevolve.com/ is currently inaccessible normally.

IndexEvolveReview Summary
Founded2023
Registered Country/RegionBahamas
RegulationNo regulation
Market InstrumentsStocks, CFDs
Demo Account/
LeverageUp to 1:1000
Spread/
Trading PlatformMT4, Web Trader
Min Deposit$250
Customer SupportEmail: support@indexevolve.com
Address: 3 Avlonos Street Maria House Nicosia, 1012, Cyprus

IndexEvolve was registered in 2023 in Bahamas, mainly offering trading services on stocks and CFDs. It uses MT4 and its own web-based trading platform. The minimum deposit is $250, and the leverage can be up to 1:1000, which is rather high. Moreover, it is not regulated, and potential risks are high.

IndexEvolve's homepage

Pros and Cons

Pros Cons
MT4 supportedInaccessible website
Lack of regulation
High minimum deposit
Limited payment options
Only email support

Is IndexEvolve Legit?

IndexEvolve is not regulated. What's more, the Securities Commission of the Bahamas (“the Commission”)（SCB）and the Financial Services Commission, Mauritius (FSC) issued warning notices about this company. Please be aware of the potential risks!

SCB Warning
FSC warning
Domain information

What Can I Trade on IndexEvolve?

IndexEvolve mainly provides trading services on stocks and CFDs.

Tradable Instruments Supported
CFDs✔
Stocks✔
Bonds❌
Options❌
ETFs❌

Leverage

The leverage of IndexEvolve is rather high, which can be up to 1:1000. Careful considerations are recommended, because high leverage is likely to bring high risks.

Trading Platform

IndexEvolve uses MT4 and its own web-based trading platform.

Trading PlatformSupported Available Devices Suitable for
Web Trader✔Web/
MT4✔Web, desktop, mobileBeginners
MT5❌/Experienced traders
MT4

Deposit and Withdrawal

The payment options include VISA, MasterCard, Gohype, PayTechno, bitcoins, and bank wire transfers. However, VISA and MasterCard cannot be used, and traders can only pay through bitcoins and other remaining options. Moreover, other details, such as the processing time and fees, are not clear.

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Dennis Yeöh
more than one year
IndexEvolve is selling its own domain name, but no one seems to be saying they have been scammed. Maybe the forex company just didn't survive in the highly competitive forex market.
IndexEvolve is selling its own domain name, but no one seems to be saying they have been scammed. Maybe the forex company just didn't survive in the highly competitive forex market.
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2023-03-09 17:08
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