Overview
Evest is a CFD broker targeting traders in the Arab region. The brand is owned by UK-registered Atriafinancial Holdings Ltd and operates through multiple subsidiaries. The entity Atriafinancial Ltd is listed on the Vanuatu Financial Services Commission (VFSC) register with an active financial dealer licence, and the website also references regulation from South Africa's FSCA as well as MISA in Comoros. The broker offers trading in stocks, forex, commodities, indices, and cryptocurrencies with leverage up to 1:400 and a minimum deposit of $250.
Pros and cons
Pros
- The operating entity is listed on the VFSC register with an active licence since December 2023
- Swap-free Islamic account and a demo account with a $25,000 virtual balance
- Diverse payment methods including debit/credit cards, Apple Pay, Google Pay, bank wire, Skrill, Neteller, and cryptocurrencies
- Copy trading functionality and analytical tools such as Trading Central
- No regulatory warnings found under the name evest.com in the IOSCO I-SCAN database
Cons
- Reported licences are offshore (Vanuatu, Comoros) or outside the region, with no regulation from an Arab financial authority
- High leverage up to 1:400 significantly increases the risk of loss
- $75 inactivity fee after the second month, a $5 withdrawal fee, and a 2% currency conversion fee
- $250 minimum deposit, which is higher than many competitors
- Does not serve residents of the US, UK, Canada, Turkey, EEA countries, and others (according to the terms of the Vanuatu-licensed entity)
Evest: questions and answers
Is Evest regulated?
Yes, Evest is licensed by 3 regulators: FSCA, MISA, VFSC. Always check which entity you open your account with, as protection depends on the regulator.
What is the minimum deposit at Evest?
The minimum deposit at Evest is $250; it can vary by account type and payment method.
What is the maximum leverage at Evest?
Leverage at Evest goes up to 1:400, depending on the regulator, account type and instrument. High leverage magnifies both profits and losses.
Which trading platforms does Evest offer?
Evest offers trading on WebTrader, Android, iOS.
What can I trade with Evest?
Evest lets you trade Forex, Stocks, Crypto, Commodities & gold, Indices.
Does Evest offer an Islamic account?
Yes, Evest offers a swap-free Islamic account. Check its conditions, such as admin fees after a number of days.
Does Evest have a demo account?
Yes, you can open a free demo account at Evest to practise with virtual money before trading for real.
Does Evest support copy trading?
Yes, Evest lets you copy other traders. Remember that past performance does not guarantee future results.
When was Evest founded?
Evest was founded in 2020 and is headquartered in London, United Kingdom (holding company).
Fees, deposits and withdrawals
Deposit methods:
Licences
Available markets
User reviews
No published reviews yet. Share your experience with Evest.
Write a review
We check every review before publishing it to block fake and promotional reviews, and we never remove a review for being negative.