Trade Broker EverestCM.com Review

EverestCM is an online Forex and CFD broker that ensures its customers absolute security in Forex trading. The broker enables forex trading with low prices, including tight spreads of 0.0 pips, lightning fast execution speed and very competitive commissions. Along with attractive trading terms, customers also have an easy and affordable option to access high performance trading platforms for desktop, web and mobile applications. There are trading tools to support your ongoing day-to-day trading activities and a beneficial trading school. Furthermore, EverestCM has a wide choice of versatile account funding options and an excellent customer support team.

FOUNDED 2020
BROKER TYPE ECN
TRADING PLATFORMS MT4, MT5
ACCOUNT TYPES Standart, Raw
LEVERAGE – retail 1:500
LEVERAGE – global / pro 1:500
SPREAD – standart account From 0.8 pips
MINIMUM DEPOSIT 100$
MINIMUM TRADABLE VOLUME 0.01 Lot
DEPOSIT/FUNDING OPTIONS Bank transfer, Credit/Debet card, Electronic wallet
WITHDRAW OPTIONS Bank transfer, Credit/Debit card
SUPPORT 24/5
REGULATIONS MUFSC

EverestCM was launched in Mauritius in 2020 and is regulated and licensed by Mauritius Financial Services Commission (FSC) under the license number GB21026300.

This license permits EverestCM to provide operations worldwide, unless the country’s internal regulations prevent it.

This broker performs appropriate and strict controls and review the transfer of confidential and proprietary client information within and outside EverestCM on a strict need-to-know bases. Unless requested in a written request from you or as required by the laws governing our business, the broker neither discloses nor will deliberately ever reveal your information or that of any other trader.

EverestCM is authorised by FSC to provide the aftermentioned investment and associated services:

Deposit and administration of financial instruments on behalf of clients, including custodianship and accompanying activities such as management of currency and collateralized assets

Guarantee of credits or loans to an investor to enable him to perform a transaction in one or more financial instruments, where the company providing the credit or loan is involved in the transaction

Provision of foreign exchange services where these are linked to the provision of investment services

Performing financial analysis and investment research services or other forms of research.

The assets tradable on Everestcm.com are: indices in Asia, Australia, Europe and the USA, CFD commodities, CFD stocks, cryptocurrencies, energies and precious metals.

Although as we have seen EverestCM is one of the best brokers in terms of global presence, there are some countries where they do not offer their services to the residents. Here is a list of them:

  • USA
  • Cuba
  • Sudan
  • Syria
  • North Korea
  • Seychelles
  • Iran
  • Japan
  • Belgium
  • Canada
  • other countries where rules, regulations consider such investment biddings prohibited

EverestCM offers two trading account types and a wide diversity of trading variation accounts. Like a risk-free demo trading account, or a joint, corporate and custodianship trading account with a minimum deposit of 100 €/ $ /£. There is no maximum for the deposit.

Raw Spread Trading Account

  • MT4 & MT5
  • Minimum $/€/£100 deposit
  • Commission $3.50 Per Lot, Per Side
  • 1:500 leverage
  • Instant Execution
  • Spreads from 0.0 pips
  • Margin Call 100%
  • Stop Out 50%
  • Swap Free
  • Micro Lot Trading
  • Unlimited Maximum Lots per Trade
  • All Trading Styles Allowed

Classic Trading Account

  • MT4 & MT5
  • Minimum $/€/£100 deposit
  • No Commission
  • 1:500 leverage
  • Instant Execution
  • Spreads from 0.8 pips (available on MT5 only)
  • Margin Call 100%
  • Stop Out 50%
  • 30 Maximum Lots per Trade
  • All Trading Styles Allowed

Furthermore, there are

  • free demo accounts. Demo accounts provide an excellent option to practice trading strategies. Moreover, there is no risk of losing money.
  • swap free islamic account. This trading account offers traders an account with no swap or rollover on overnight positions.

Foreign currency conversion can be applied to currencies that are not in circulation. EverestCM does cover all fees (on credit, debit and prepaid cards and e-wallets), though when dealing with bank transfers, they cover all deposit fees. Please, check with your provider/bank for any additional fees and/or charges. Transactions to and from international payment institutions may be subject to transfer fees, including commission from the intermediary bank, which are beyond EverestCM’s control. In such instances, the fees will be incurred by the trader. Any withdrawal amount in excess of the amount deposited is charged a 2% processing fee whilst using e-wallets.

Deposits and withdrawals can be made via debit and credit card, bank transfer, cryptocurrencies and various e-wallets including the popular Neteller and Skrill.

Everestcm.com allows you to trade online through two platforms, the MetaTrader 4 and MetaTrader 5 to access over 250 trading instruments.

The MetaTrader4 and MetaTrader5 platforms provide complete availability for trading foreign exchange and a great diversity of other financial instruments such as commodities, cryptocurrencies, precious metals, CFDs and more.

The highly respected MetaTrader platforms are used by many millions of traders around the world. The platforms are renowned for being user-friendly and have a plenty of tools to investigate the markets. You can choose between the MetaTrader desktop platform, the web platform which runs directly in your web browser or the MetaTrader application.

In 2005, MetaQuotes Software released MetaTrader 4 and since then, more than 14 million clients worldwide use it due to its variety of scripts and third-party advisors. In 2010, MetaQuotes launched MetaTrader 5, which provides an even wider range of analytical tools, indicators and other trading resources. Both platforms should have more than enough features and functionality to meet the needs of even the most demanding traders.

Here are some of the highlights of the MetaTrader platform:

  • Diverse chart timeframes
  • Various order types
  • Professional indicators
  • Pattern objects
  • Financial calendar
  • Computerized trading
  • Personalised trading tools
  • Product price alerts
  • Real-time pricing
  • Completely personalised layout
  • The MQL marketplace
  • Adjustable to desktop, web and mobile

This app enables you to trade on the move and have access to the markets. Simply have an Android or iOS device and you can trade from any part of the world with an internet connection. Furthermore, the mobile trading application is very user-friendly and provides all the tools you require to explore the charts relatively easily. You can join and leave positions with a few taps and you can even manage price alert notifications for when you’re not currently actively browsing the app, ensuring you never miss any action.

Pros

  • Trading with 1 click
  • Push notifications
  • Opening, closing and modifying positions
  • Deal in forex and CFD instruments on live/demo accounts
  • 24/5 real-time exchange rates
  • User-friendly trading dashboard
  • Advanced charting tools

Languages for assistance –

Chinese, English, Indonesian, Malaysian, Portuguese, Spanish

Support 24-hour live chat, assistance is available 09:00 to 18:00 GMT +2 / BST +2 during the weekdays, phone support and email assistance.