Evotrade Review 2024
Minimum
deposit:
  • $10

Trading platform:

  • MT5
  • WebTrader
  • Mobile
Regulation:
  • FMRRC

Evotrade Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

Start Trading with IG Markets
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Evotrade Trading Company

Evotrade was founded in 2010 and has been a reliable partner in trading the financial markets ever since. Evotrade is proud to offer round-the-clock highly professional customer support and tech support services.

Geographic Distribution of Evotrade Traders

Popularity in

22%
AE
United Arab Emirates
13%
SA
Saudi Arabia
12.2%
KW
Kuwait
12%
BH
Bahrain
11%
AU
Australia
10.99%
RU
Russian Federation
10.7%
ZA
South Africa
10%
IN
India
16.11%
Others
Others

User Satisfaction i

4 comments
Total score:
4.5 /10

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
raazs_r1
2 years ago

Good broker. For the last two years I have been trading mainly through him. True, I was not entirely comfortable right away, because I had to use MetaTrader 5, which was unusual for me. Of course, I quickly got used to it, and now I’m even glad that Evotrade doesn’t have MT4, because MT5 is much more functional. The choice of assets here is not bad, but the leverage is small. However, for me, the main thing in a broker is commissions. Evotrade has low spreads. One free withdrawal per month is available, and if you withdraw via Webmoney, you can pay only 0.9% of the transfer amount. There are a lot of analytics on the broker's website. Not so long ago I subscribed to trading signals, so now I get 5-10 free recommendations from analysts every day.

Avatar
Avatar
jippenelis
2 years ago

Don't trust your money to Evotrade scammers! Nobody will return your money. And their trading platform is virtual, there is no real trading there. I transferred $ 5,000 to Evotrade, hoping for a good trade. But the quotes on the chart were such that my trading system turned out to be unprofitable. And when I checked, I found that the quotes on the Evotrade chart do not match the quotes of other companies. I lost all my money due to the Evotrade scam!

Avatar
Avatar
sunlike
2 years ago

I am a beginner, I have been working for about 1 month, the result is 1 withdrawal of a decent amount, but then unsuccessful transactions and the loss of 80% percent of the capital. It looks like the managers have a lot of clients and they conduct a very aggressive strategy, now they recommend replenishing the account again to cover the losses, it seems that the risk management is bad, as a result, one transaction can cause huge losses, so I think it is very risky to cooperate with them.

Avatar
Avatar
onim
2 years ago

First, they give the opportunity to earn, and then they drain to zero.

Trading Conditions for Evotrade Users

Evotrade sees its core goal in delivering top-level services to each and every customer. Every Evotrade customer gets a personal manager to assist in any arising issues. Evotrade gives necessary guidance to every trader, a beginner or a skilled one. This company's strategy has proven to be a perfect solution for traders to generate profit in the financial markets.

Evotrade offers customers a globally recognized and accredited trading platform, MetaTrader 5. MT5 has been used for trading globally for about 20 years as it offers multiple effective tools and features for the most convenient and profitable trades. Evotrade is widely recognized as a reliable partner in the financial markets.

$10

Minimum
deposit

1:200

Leverage

💻 Trading platform: MT5, Mobile, Webtrader
📊 Accounts: MICRO, MINI, STANDARD, STANDARD+, PREMIUM, VIP
💰 Account currency: USD, EUR, RUB
💵 Replenishment / Withdrawal: Bank Transfer, Credit Card (VISA, MasterCard, Maestro, Visa Electron), Skrill
🚀 Minimum deposit: 10 USD
⚖️ Leverage: 1:200
💼 PAMM-accounts: No
📈️ Min Order: 0,01
💱 Spread: From 0,3 p
🔧 Instruments: Forex, Cryptocurrencies, Precious metals, Energy carriers, Stocks
💹 Margin Call / Stop Out: 100/50%
🏛 Liquidity provider: Leverate
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: No
📋 Orders execution: Market Execution
⭐ Trading features: NO
🎁 Contests and bonuses: YES

Contacts

Registration address Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles.
Regulation
Official site
Contacts

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.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Evotrade Review Evotrade Review

Articles that may help you

Best Brokers to Trade S&P 500
For Beginners
Best Brokers to Trade S&P 500
Alamin Morshed - April 2024
The 10 Best Trend Reversal Indicators for Day Trading
For Beginners
The 10 Best Trend Reversal Indicators for Day Trading
Rinat Gismatullin - April 2024
Top 25 Trading Books for Novice Traders
For Beginners
Top 25 Trading Books for Novice Traders
Mikhail Vnuchkov - April 2024
Daily Forex Trading Signals for 2024 (Charts)
For Beginners
Daily Forex Trading Signals for 2024 (Charts)
Oleg Tkachenko - April 2024
10 Best offshore Forex brokers in 2024
For Beginners
10 Best offshore Forex brokers in 2024
Mikhail Vnuchkov - April 2024
Free Brent/USD Technical Analysis, Brent Price Forecast
For Beginners
Free Brent/USD Technical Analysis, Brent Price Forecast
Oleg Tkachenko - April 2024
Best Upcoming IPOs To Watch In 2024
For Beginners
Best Upcoming IPOs To Watch In 2024
Parshwa Turakhiya - April 2024
EURUSD News, Free Price Forecasts And Daily Analysis - TU
For Beginners
EURUSD News, Free Price Forecasts And Daily Analysis - TU
Andrey Mastykin - April 2024
Best brokers to trade US30
For Beginners
Best brokers to trade US30
Parshwa Turakhiya - April 2024

FAQs

Why has Evotrade been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Evotrade by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Evotrade is down, not updated or operates with clear errors and some features are not available;
• Evotrade has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Evotrade got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Evotrade got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Evotrade?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Evotrade is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

Traders Union Recommends: Choose the Best!

Logo IG Markets
Logo eToro
Open an account
Your capital is at risk. 
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.
Logo OANDA
Open an account
Your capital is at risk.