• Minimum Deposit

    • 50-500
  • Leverage

    • 20:1
    • 30:1
    • 100:1
    • 200:1
    • 300:1
    • 400:1
    • 500:1
    • 1000:1
  • Regulation

    • FSC

Full Breakdown Filters

Full Breakdown

Full Breakdown
Minimum Deposit
Leverage
Regulation
Platforms
Currency Pairs
Monthly Volume
Execution Model
Contract Sizes
Spreads
Languages
Additional Filters

Overview

The complete EverestCM Broker Review 2022

EverestCM broker overview

EverestCM is among the popular emerging brokers in the online trading world. The EverestCM company was established in 2020 and is headquartered in Mauritius. The broker has a wide range of tradable assets, including currencies, commodities, indices, shares, spot metals, and cryptocurrencies. Clients can trade on the go using the mobile trading platforms or the more popular MT4 and MT5 platforms. The Everest broker provides leverage of up to 1:500 and offers multiple base currencies. The minimum deposit at EverestCM is 100 EUR/USD/GBP. Customer support is available 24/5.

The company is not publicly traded, but it has an FSC (GB21026300) license, making it a reliable choice for online traders. The active clients are unknown, but the broker has recently been gaining popularity. EverestCM does not levy any deposit or withdrawal fees.

One of the key USPs of EverestCM brokers is the low spreads on major currency pairs. EverestCM also provides a demo account to its clients, which is a great way to test the waters before investing any real money. As a result, EverestCM is a reliable choice for online traders looking for a decent range of tradable assets and low spreads.

In addition, EverestCM broker has implemented a negative balance protection policy to protect clients from incurring losses more significant than their initial investment. It is a great safety measure that not many brokers offer. With KYC and AML compliance, EverestCM is also a safe choice for online traders.

EverestCM safety information

EverestCM is a reliable choice for online traders looking for a decent range of tradable assets and low spreads. The broker is an FSC (GB21026300) licensed company, making it a reliable choice for online traders. The broker has also implemented a negative balance protection policy to protect clients from losses greater than their initial investment. However, a negative balance protection feature is not available with all brokers.

Moreover, EverestCM has implemented modern security features to keep the client's data and funds safe. The company uses SSL encryption technology to protect the client's data. The client's funds are also segregated from the company's operational funds and are kept in tier-1 banks. When funds are held in a segregated account, the client's funds will not be affected even if the broker faces bankruptcy.

EverestCM also has KYC and AML compliance in place to ensure that all its clients are legitimate and prevent financial crimes. As a result, EverestCM is a safe choice for online traders looking for a reliable and secure broker. Moreover, EverestCM has also implemented 2FA, in which a one-time password is sent to the client's registered mobile number for additional security. In online financial activities, 2FA becomes essential as it adds an extra layer of security.

EverestCM fees information

EverestCM has mentioned on their website that they don't charge any fee for deposits or withdrawals. However, the clients are responsible for any third-party fees that might be applicable. EverestCM offers tighter spreads from 0.0 pips, which are highly competitive in the market. Moreover, the spread is variable, meaning they will widen during news releases and other high-impact events.

The overall commission is based on the type of account that the client opens with EverestCM. For example, the ECN account has a commission of $3.5 per lot traded, while the Standard account doesn't have any commission.

Moreover, EverestCM also levies an inactivity fee that you need to pay if you don't log in to your account and trade for a period of a particular time. The exact fee is not mentioned on the website, but it is something that you need to be aware of before signing up with the broker. You can contact the EverestCM support team to know more about this inactivity fee. Moreover, like other brokers, EverestCM also imposes a swap fee that varies depending on the asset you are trading and the direction of your trade.

Spreads fee information at EverestCM

While trading any assets, spreads are something that a trader needs to take into consideration. EverestCM offers tight spreads on major currency pairs, which is one of the key reasons the broker is gaining popularity. For example, the spreads start from as low as 0.0 pips on EUR/USD and go up to 1.6 pips on GBP/JPY. As a result, the average spread for pairs EUR/USD is quite competitive.

To understand the spreads charge better, if you trade a GBP/USD pair with 0.8 pips and your position is $100,000, then the total spread charge will be $80 only. So, checking the spreads before selecting any broker for online trading is essential.

Swap fees details at EverestCM

When you hold a position open overnight at EverestCM, you will be charged a small fee for the privilege. It is called a rollover or swap fee, and it's how brokers make money from customers who trade on leverage. Swap fees at EverestCM are calculated as a percentage of the notional value of your position (the size of your trade multiplied by the leverage you are using), and they are usually charged every night at 10 pm GMT.

At EverestCM, the swap fee is competitive — for example, if we consider EUR/USD, the Swap short is -0.18, and the Swap long is -5.12, which is an average rate considering the industry. Moreover, you can find the swap fee calculation formula on the EverestCM website to understand the charges better.

EverestCM Deposit and withdrawal information

EverestCM is an FSC (GB21026300) regulated broker that offers a wide range of deposit and withdrawal methods. The minimum deposit is 100 EUR/USD/GBP; the maximum deposit is not mentioned. The deposit methods include credit/debit cards, bank wire transfers, and e-wallets such as Skrill, Neteller, UnionPay, and FasaPay.

Regarding withdrawal at EverestCM, you get similar methods as the deposit methods. The minimum withdrawal amount at EverestCM is $100, and the maximum is not mentioned. Withdrawal requests are processed within 24 hours, but it may take up to 5-7 business days for the amount to be transferred to the account, depending on the method used. EverestCM broker doesn't charge any money for adding funds to your trading account.

The deposits and withdrawals are secured with the latest 128-bit SSL encryption technology. Overall, the deposit and withdrawal process at EverestCM is easy and convenient. Moreover, you can also perform transaction activities from mobile trading platforms.

As EverestCM follows KYC and AML policies, clients must undergo a verification process before making any withdrawals. The documents required for verification include a government-issued ID, proof of address, and a copy of your credit/debit card (if you use one for making deposits/withdrawals).

Moreover, EverestCM has mentioned that if any user misuses the deposit method and frequently adds funds without trading, then the broker may charge a fee on the deposit amount. So, it is advisable to use the deposit methods wisely.

Tradable markets available at EverestCM

EverestCM offers a variety of tradable markets that include forex, commodities, indices, shares, spot metals, and cryptocurrencies. EverestCM provides leverage of up to 1:500 on major currency pairs. The spreads offered by the broker are low and start from 0.0 pips. The minimum deposit is 100 EUR/USD/GBP required at EverestCM to open an account is $100. The broker does not charge any deposit or withdrawal fees.

Regarding forex trading with EverestCM, traders get access to a wide range of currency pairs. The major currency pairs are available with low spreads starting from 0.0 pips. Moreover, the leverage offered by the broker is up to 1:500. In addition, traders can also access exotic currency pairs with this broker. The widely popular pairs you can trade at EverestCM are EUR/USD, GBP/USD, USD/JPY, AUD/USD, and NZD/USD.

EverestCM also offers a good range of commodities, including precious metals and energy commodities. The leverage provided by the broker on commodity trading is up to 1:500. Some of the widely traded commodities at EverestCM are Gold, Silver, Crude Oil, and Natural Gas.

The broker also provides access to various indices from across the globe. The leverage offered on index trading is up to 1:500. Some widely traded indices at EverestCM are Dow Jones, S&P 500, Nasdaq 100, and FTSE 100.

EverestCM also offers a wide range of shares from all major global companies. You can trade and invest in shares of companies like Apple, Google, Facebook, and Amazon. The leverage offered on share trading is up to 1:500. The broker also provides access to cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. The leverage provided at EverestCM on cryptocurrency trading is up to 1:500.

Leverage details at EverestCM

EverestCM broker provides leverage of up to 1:500, which is relatively high compared to other brokers. This increased leverage can benefit traders as it allows them to make more significant profits.

Moreover, EverestCM broker offers multiple base currencies, another plus point. It allows traders to choose the currency they are most comfortable with. Overall, the leverage at EverestCM is competitive, and it can help traders make more significant profits.

EverestCM trading platforms information

EverestCM is a widely-recognized online broker that offers a decent range of tradable assets across different markets. The broker provides its clients with two of the most popular trading platforms – MT4 and MT5. These platforms are available as desktop versions as well as mobile trading apps. The mobile trading apps are available for both Android and iOS devices. Let's look at every trading platform available at EverestCM:

MT4

The MetaTrader4 platform is one of the most popular trading platforms in the world. It is a user-friendly platform suitable for both beginner and experienced traders. The MT4 platform offers a variety of features and tools that can be used to trade effectively. In addition, MT4 provides advanced features like automated trading, multiple chart types, and a wide range of technical indicators. Overall, MT4 offers a full-fledged trading experience.

MT5

MetaTrader5 is the newer version of MT4, and it offers some additional features that make it more suitable for advanced traders. For example, the platform provides a wider range of technical indicators and advanced features like tick chart trading and hedging. Overall, MT5 is an excellent choice for experienced traders looking for a more advanced trading platform. The MT5 platform is ideal for trading forex, CFDs, and Futures.

Mobile Trading

The mobile trading apps offered by EverestCM are user-friendly and provide a great trading experience on the go with MT5. The MT5 trading app is available for both Android and iOS devices. The mobile apps offer all the features and tools available on the desktop versions of the platforms. It makes it easy for traders to trade on the go without missing any opportunities.

Moreover, EverestCM also offers a modern demo account in which traders can test the trading platforms and sharpen their skills before investing any real money. The demo account is a great way to learn about the features and tools offered by the broker. With the EverestCM demo account, you get the virtual currency you can use to place trades in a risk-free environment.

Available accounts on EverestCM

EverestCM offers three accounts, which are:

Individual trading account

This account is for retail clients and offers leverage of up to 1:500. The minimum deposit is 100 EUR/USD/GBP The spreads are from 0.0 pips which is relatively low. Moreover, you get 24/5 customer support and can trade in multiple base currencies. With the support of MT4 and MT5, the overall trading experience is quite good.

Joint trading account

This account is for joint retail clients and offers the same features as the individual trading account. For example, the minimum deposit is 100 EUR/USD/GBP is the same as the individual trading account, which is $100. You also get tighter spreads across all assets, starting from 0.0 pips. Moreover, you get priority 24/5 customer support with this EverestCM trading account.

Corporate trading account

This account is for corporate clients and offers leverage of up to 1:500. The minimum deposit is 100 EUR/USD/GBP You also get priority 24/5 customer support with this account. The spreads are from 0.0 pips which is relatively low. You can trade in multiple base currencies with this account. A corporate trading account is ideal for those who want to trade large quantities.

In addition, these three EverstCM trading accounts are available in two options — Classic and Raw spread. The difference between these two types is that you must pay a flat commission if you pick the Raw spread account. However, you can get extremely low spreads with the Raw spread account. On the other hand, with the Classic account, you don't need to pay any commission, but the spreads are a bit higher.

In trading, raw spreads are defined as those that a broker receives from its liquidity providers without adding any markups. So, in simple words, raw spreads are the actual spreads that are available in the market. On the other hand, classic spreads are defined as the spreads that a broker receives from its liquidity providers after adding some markups.

How to open your trading account with EverestCM

Opening a trading account with EverestCM is a simple process. You can open an account with EverestCM by following these steps:

● Step 1: Visit the broker's website and click the open live account button.

● Step 2: Fill in your name, email ID, and phone number.

● Step 3: Choose your account type and leverage.

● Step 4: Select your preferred base currency.

● Step 5: Enter your deposit amount and start trading.

You will then be asked to upload your KYC documents, such as a government-issued ID and proof of address. Once your documents are verified by the EverestCM team, you can start trading on the platform.

EverestCM customer support information

EverestCM offers multilingual 24/5 customer support languages, including English, French, German, Spanish, Russian, and Chinese. The customer support team of EverestCM is helpful and quick. You can contact the EverestCM customer support team through live chat, email, or telephone.

Email — support@everestcm.com

Phone — +44 203 376 2511

Research tools at EverestCM

EverestCM offers a decent range of research tools to its clients. The broker has an economic calendar that traders can use to stay up-to-date with the latest events and news releases. A market analysis section also provides regular updates on the key markets. Let's look at all research tools offered by EverestCM in brief:

Daily market news

The broker provides daily market news updates to keep its clients abreast of the latest developments in the financial markets. The news is curated and presented by the expert analysts at EverestCM. So whether you're a forex trader or looking to trade other assets, the daily market news will give you insights into the key happenings in the markets.

Copy-trading

EverestCM offers a copy-trading service that allows its clients to copy the trades of successful traders. It is a great way to learn from the best and make money in the markets. The copy-trading at EverestCM is accurate and reliable.

Economic calendar

The economic calendar at EverestCM is a great way to stay up-to-date with the latest events and news releases. The calendar is updated regularly and allows traders to track the key events that could impact the markets. An economic calendar is ideal for both short-term and long-term traders.

Educational material at EverestCM

EverestCM has a decent range of educational material, including an extensive FAQ section and market news updates. The FAQ section covers all the basics of online trading and is an excellent resource for newbies. Be it a beginner or an experienced in the trading world, the market news updates will keep you updated on all the news in the financial world. The EverestCM broker is also working on creating a full-fledged education center that will offer video tutorials, e-books, and other resources to help traders improve their trading skills.

EverestCM broker in a nutshell:

EverestCM is a popular emerging broker established in 2020 and headquartered in Mauritius. The broker has a wide range of tradable assets, including currencies, commodities, indices, shares, spot metals, and cryptocurrencies. Clients can trade on the go using the mobile trading platforms or the more popular MT4 and MT5 platforms.

EverestCM offers leverage of up to 1:500 and provides multiple base currencies. the minimum deposit is 100 EUR/USD/GBP. Customer support is available 24/5. The company has an FSC (GB21026300) license, making it a reliable choice for online traders. In addition, EverestCM has implemented a negative balance protection policy to protect clients from incurring losses more significant than their initial investment. With KYC and AML compliance, EverestCM is also a safe choice for online traders.

Getting started with EverestCM is easy, and the broker also provides a demo account to its clients. EverestCM is a reliable choice for online traders looking for a decent range of tradable assets and low spreads.

FAQs:

What is the minimum deposit at EverestCM?

The minimum deposit at EverestCM is 100 EUR/USD/GBP.

What is the leverage range at EverestCM?

The leverage range at EverestCM is up to 1:500.

Do I get a demo account with EverestCM?

Yes, you get a demo account with EverestCM.

Is EverestCM a regulated company?

EverestCM is a regulated company with an FSC (GB21026300) license.

What are the deposit methods at EverestCM?

The deposit methods at EverestCM include bank wire transfer, credit/debit card, and e-wallets.

What are the withdrawal methods at EverestCM?

The withdrawal methods at EverestCM are the same as the deposit, including bank wire transfer, credit/debit card, and e-wallets.

How do I open an account with EverestCM?

You can open an account with EverestCM by visiting their website and filling out the online registration form. Once your Everest account is approved and funded, you can start trading.

Does EverestCM support MT4 & MT5?

Yes, EverestCM supports both MT4 and MT5 trading platforms.

What are the spreads at EverestCM?

The spreads at EverestCM start from 0.0 pips on major currency pairs.

What is the minimum trade size at EverestCM?

The minimum trade size at EverestCM is 0.01 lots.

How to contact EverestCM customer support?

You can contact EverestCM customer support via email, phone, or live chat.

Does EverestCM offer educational content?

Yes, EverestCM offers educational content on their website through articles and FAQs.

Can US residents open accounts at EverestCM?

No, US residents can't open accounts at EverestCM.

How can I change my password at EverestCM?

You can change your password at EverestCM by logging into your account and going to the 'Settings' section.

What account types do EverestCM offer?

EverestCM offers three accounts — Individual, Joint, and Corporate.

Full Breakdown Filters

Full Breakdown

Full Breakdown
Minimum Deposit
Leverage
Regulation
Platforms
Currency Pairs
Monthly Volume
Execution Model
Contract Sizes
Spreads
Languages
Additional Filters

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