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The WikiFX Score of this broker is reduced because of too many complaints!

Evergreen Forex

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.everfx365.com/

Website

Rating Index

Contact

https://www.everfx365.com/
The WikiFX Score of this broker is reduced because of too many complaints!

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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Contact number

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Broker Information

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Company Name

Evergreen Forex Global Limited

Abbreviation

Evergreen Forex

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Evergreen Forex · WikiFX Survey

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Evergreen Forex · Company Summary

basic-info

Overview of Evergreen Forex

Evergreen Forex, based in the United Kingdom, operates as an online trading platform, offering traders access to a wide variety of financial instruments such as Forex currency pairs, metals, commodities like gold and silver, and CFDs. Through its utilization of MetaTrader 5, renowned for its advanced functionalities and user-friendly interface, Evergreen Forex provides traders with the flexibility and accessibility needed for their trading endeavors. However, it's crucial to highlight that Evergreen Forex operates without regulatory oversight, which underscores the importance of exercising caution due to the potential risks associated with unregulated trading.

Overview of Evergreen Forex

Is Evergreen Forex Legit?

Evergreen Forex is not regulated. It's crucial to emphasize that Evergreen Forex operates without any form of regulation, leaving it unchecked by established financial regulatory bodies. This lack of oversight can potentially expose traders to a myriad of risks, including limited avenues for dispute resolution, concerns about the safety and security of funds, and a lack of transparency in the broker's operations.

Is Evergreen Forex Legit?

Pros and Cons

Evergreen Forex offers traders a diverse range of trading instruments, providing ample opportunities for diversification and potential profit. Additionally, the platform utilizes the widely acclaimed MetaTrader 5 platform, known for its advanced features and user-friendly interface, enabling traders to execute their strategies seamlessly. However, it's essential to note that Evergreen Forex operates without regulatory oversight, which can potentially expose traders to various risks associated with unregulated trading. Furthermore, the platform lacks sufficient customer support options, which may hinder prompt assistance and issue resolution for traders. Additionally, there's a notable absence of educational resources and transparency regarding company policies and procedures, limiting traders' ability to make informed decisions. Moreover, being unable to access the website could pose challenges for traders seeking comprehensive details about the platform's services and offerings.

Pros Cons
  • Diverse range of trading instruments
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Utilizes the popular MetaTrader 5 platform
  • Lack of customer support options
  • Lack of educational resources or transparency regarding company policies and procedures
  • Unable to access the website

Trading Instruments

Traders can choose from an extensive range of options, including more than 30 forex currency pairs, metals like gold and silver, commodities, and CFDs.

Trading Instruments

Trading Platforms

Through its top platforms like MT5, MT Web, and Mobile forex trading, traders gain access to a wide range of financial assets.

Trading Platforms

Conclusion

In conclusion, Evergreen Forex provides a wide array of trading instruments via MetaTrader 5, enhancing trading flexibility. However, the absence of regulatory oversight, limited customer support, lack of educational resources, and website accessibility issues pose potential challenges for traders. It's crucial for traders to research thoroughly and proceed with caution to mitigate risks and ensure a safer trading experience.

FAQs

Q: Is Evergreen Forex regulated?

A: No, Evergreen Forex operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on Evergreen Forex?

A: Traders can choose from an extensive range of options, including more than 30 forex currency pairs, metals like gold and silver, commodities, and CFDs.

Risk Warning

Trading online carries significant risks, and there's a possibility of losing all invested capital. It's crucial for traders and investors to acknowledge these risks and thoroughly understand the implications before engaging in trading activities. Please be aware that the information provided in this review is subject to change due to updates in the company's services and policies. Additionally, the review's generation date is essential to consider, as information may have evolved since then. Therefore, readers are strongly advised to verify the latest information directly with the company before making any decisions or taking action. Ultimately, the responsibility for utilizing the information provided in this review lies solely with the reader.

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