General Information
Registered in Mauritius, EVEREST is forex broker offering a series of trading instruments including Forex, Metals, Oil, Indices through the advanced MT4 trading platform. EVEREST requires a minimum deposit of $100 to start trading.
EVEREST CM is a trading brand owned and operated by Myrtle ltd with registration number 1799291 GBC. EVEREST CM does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.
Market Instruments
With the EVEREST platform, investors can get access to diversified range of trading instruments. Different types of trading instruments, such as Currencies, Commodities, Indices, Shares, Spot Metals, Cryptocurrencies are all available through this brokerage platform.
Account Types
Four trading accounts including the Classic account, the Raw Spread account, and the Swap-free account. To invest with EVEREST, an initial deposit of $100 is required.
How to open an account with EVEREST?
Opening an account with EVEREST is an easy and simple process:
1. Click the “OPEN LIVE ACCOUNT” link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Fund your account and start to trade with this forex broker.
Leverage
EVEREST allows traders to use leverage of up to 1:500, insanely higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.
Spreads & Commissions
Spreads and commissions are tied to what trading accounts you are holding on the EVEREST platform. With the EVEREST account, traders can trade forex instruments such as the EUR/USD from as low as 0.8 pips, with no commissions charged. With the Raw Spread account, you can trade popular instruments with competitive spreads, with a certain commission charged.
Besides, EVEREST allows offers Islamic account, also known as swap-free forex trading accounts, which allows you to trade without having to pay swaps or interest charges on overnight positions.
Trading Platform
EVEREST offers its clients two trading platforms: MT4 and MT5. However, given the fact that this forex broker is unregulated, investors are advised to stay away from it.
Payment Methods
The minimum deposit is €/£/$100.
EVEREST allows its clients to make a deposit and withdrawal through VISA, MasterCard, Skrill, Neteller, Cryptos, and Bank Wire.
Customer Support
For any questions or concerns they may have about their accounts or their trading can reach out to EVEREST through the following methods:
Telephone: +357 25056450
Email: support@everestcm.com
Registered Company Address: Suite 602, 6th Floor, Hennessy Tower, Pope Hennessy Street, Port-Louis, Republic of Mauritius
Or you can also keep up with this forex broker on some popular social media platforms, such as Facebook, Instagram, Twitter, Youtube, and Linkedin.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.