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Score
United States
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
United Kingdom Payment License Revoked
Suspicious Overrun
High potential risk
Add brokers
Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index7.52
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
deVere Foreign Exchange Limited
Company Abbreviation
deVere
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
Note: deVere's official website: https://www.devere-fx.com is currently inaccessible normal.
deVereReview Summary | |
Founded | 2023 |
Registered Country/Region | United Kingdom |
Regulation | FCA (Revoked), VFSC (Suspicious clone) |
Market Instruments | Forex |
Demo Account | ✅ |
Leverage | Up to 1:500 |
EUR/USD Spread | From 0.1 pips |
Trading Platform | deVeres online trading platform |
Min Deposit | $100 |
Customer Support | Phone: 971 4 383 6000, +971 55 591 7033 |
Email: csvglobal@devere-group.com |
deVere, founded in 2002 in the United States, is an unregulated global financial advisory and trading platform. It mainly offers forex trading.
Pros | Cons |
/ | No regulation |
Unavailable Website | |
Limited trading instruments | |
No MT4/5 |
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Regulatory Status |
United Kingdom | deVere Foreign Exchange Limited | Payment License | 613238 | Revoked | |
Vanuatu | EightCap Global Ltd | Retail Forex License | 40377 | Suspicious Clone |
deVere focuses on foreign exchange (forex) trading. It provides access to a comprehensive selection of currency pairs, including major currencies like the USD, EUR, JPY, GBP, and CHF, which form the core of its forex offerings.
Trading Asset | Available |
forex | ✔ |
metals | ❌ |
commodities | ❌ |
indices | ❌ |
energies | ❌ |
stocks /shares | ❌ |
cryptocurrencies | ❌ |
options | ❌ |
funds | ❌ |
ETFs | ❌ |
Feature | Private Client | Corporate Client |
Account Type | Private | Corporate |
Leverage | Up to 1:500 | Up to 1:200 |
EUR/USD Spread | From 0.1 pips | From 0.5 pips |
Commission | Tiered, from $0.02 per side | Negotiated |
Minimum Deposit | $100 | $10,000 |
Demo Account | ✔ | ✔ |
Suitable for | Individual traders prioritize cost efficiency and smaller trading volumes | Businesses and institutional clients with larger trading volumes and specific strategies |
deVeres online trading platform is designed to facilitate international payments for foreign exchange clients. It operates 24/5 for flexibility. Key features include live market rates for real-time price monitoring.
deVere offers a Regular International payment service designed for individuals with the need to send a fixed amount overseas regularly. The service is optimized for regular transfers ranging between £500 and £10,000 per month over a minimum period of 6 months.
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