What is EverFX?
EverFX is a forex and CFD broker based in Cyprus, listed with a foundation year of 2015. It offers leverage up to 1:500, spreads from 0.0 pips and a minimum deposit of $250. Clients trade on MetaTrader 4 and on mobile.
Is EverFX safe and regulated?
EverFX is regulated by Regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 301/16 and registration number HE 346662. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Search licence 301/16 on the official CySEC register and confirm the company name matches.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
EverFX account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | No |
Trading platform and conditions
EverFX provides MetaTrader 4, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:500 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
EverFX supports 5 funding methods, including Wire Transfer, Debit Card, Credit Card, Skrill, Neteller and More. Accounts can be held in 4 base currencies (EUR, USD, GBP, AUD), which helps you avoid conversion fees.
EverFX bonus: No
How the promotion works
The current EverFX promotion is No. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the EverFX website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
EverFX pros and cons
Pros
- High leverage up to 1:500
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP and Mini accounts
- 5 deposit methods
Cons
- $250 minimum deposit is higher than some rivals
How to open an EverFX account
- RegisterVisit the EverFX website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Wire Transfer, Debit Card, Credit Card or another method.
- Start tradingLog in to MetaTrader 4 or the mobile app and set your risk per trade.
Is EverFX a good broker? Our verdict
EverFX suits active traders who want high leverage, raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.