Online Trading Starts Here
EN /brokers/forex/view/everfx/
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SV Swedish
TH Thai
TR Turkish
UA Ukrainian
UZ Uzbek
VI Vietnamese
ZH Chinese

EverFX Review 2025

Updated:

Brief Look at EverFX

EverFX ceased operations following the exposure of its involvement in large-scale fraudulent schemes. In December 2022, Spanish police arrested a key figure in the scam, known as “Pablo A.” He led the fictitious investment platform, EverFX, which posed as a Forex market broker. The company, in reality, misappropriated client funds without making actual investments.
Investigations revealed EverFX was part of the Milton Group criminal network, operating 152 fraudulent brands, including Solo Capitals and CoinEvo. This network defrauded over 170,000 people globally, with a significant concentration in Spain. In 2021, the FCA (Financial Conduct Authority) officially prohibited EverFX from offering CFD products to UK clients due to the company’s misleading practices, offering unsuitable financial instruments, and obstructing withdrawals. The FCA also emphasized EverFX operated without proper authorization.
These revelations and legal actions led to EverFX’s operational closure, leaving numerous clients without access to their accounts and funds. On Trustpilot, EverFX received numerous negative reviews, with traders citing trade manipulations, withdrawal difficulties, and aggressive sales tactics.

User Satisfaction i

Score:
6.1/10

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
mohamramees
1 year ago

Everyone related to Forex is probably aware of the enormous competition there. And if a company stays on the market as long as EverFX, that says a lot. Reviews of this company are not entirely good, but I can’t say anything bad about it.

Avatar
Avatar
PaulRG
2 years ago

EverFX has gone bad. The spreads got worse. The commission was increased, and without informing about it. Keep it up and you won't have any customers left. I personally went to a more profitable broker who does not have such problems.

Avatar
Avatar
TomAU
2 years ago

EverFX's main disadvantage is the problematic and delayed withdrawal of funds. It's not just me, but many people say this. Controversial points here are resolved not in favor of traders. Therefore, judge for yourself whether it will be profitable to trade here.

Avatar
Avatar
Thopriff
2 years ago

Came in with a $250 trial deposit. For a couple of days everything was fine, but then the broker began to demand an increase in the deposit to 1500-2500. I refused and, apparently because of this, I lost almost the entire deposit very quickly. There is no other way here.

Avatar
Avatar
maestrorlx
3 years ago

In the very first month of cooperation with EverFX, I had a conflict situation. I only trade intraday and on rare occasions leave positions open overnight. This time the European session came to an end, and the price did not reach the placed order. Of course, I canceled it, but the next day, by some miracle, it worked and dragged the deposit into the red on the correction.....

Avatar
Avatar
monsterteen
4 years ago

I was tired of giving money to kitchen brokers, so now I only work with licensed companies, and EverFX is one of them. So far, everything suits me, such as the size of the spreads, the speed of the withdrawal of funds, and the choice of assets. The presence of negative balance protection also speaks in favor of the broker. Questions sent by email are answered within an hour, which I think is an excellent indicator. Money can be withdrawn not only to cards and bank transfers but also to electronic wallets, which is much faster and cheaper.

Avatar
Avatar
dilsh
4 years ago

The EverFX broker offers excellent conditions. And although I have been trading with it for only six months, I am already receiving a stable income. Of course, losing trades are also not uncommon, but still, I have more orders that are profitable. The MT4 platform, by the way, works great, and the Trading Central plugin is available. EverFX Global's leverage is low for a professional, up to 1:30 on major currency pairs, but spreads on premium and VIP accounts are lower, so I do not yet plan to find another broker to trade on Forex.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

Articles that may help you

How To Choose A Forex Broker Wisely
Best Forex Trading Signals Providers
How To Use The Triple Exponential Moving Average
Is Forex Trading Halal Or Haram? Complete Guide
Alligator Indicator
How to Use the Traders Dynamic Index
How To Use Donchian Channels To Spot Real Breakouts
Jabulani Ngcobo Trading Strategy, Net Worth And Portfolio
Kathy Lien

Check out our reviews of other companies as well

Team that worked on the article