EverMarketsefex Reviews: Legit or Total Rip-off? Read This First

Is EverMarketsefex Legit or a Scam?

No, EverMarketsefex is not a legitimate company. The evidence overwhelmingly points towards EverMarketsefex being a scam broker. Let’s break down the red flags and why you should steer clear of this platform.

What is EverMarketsefex?

EverMarketsefex presents itself as a forex and CFD trading broker, promising access to various financial instruments and lucrative returns. However, beneath the polished veneer lies a web of questionable practices and hidden fees.

They claim to be monitored and regulated by a reputed finance company based in Hong Kong. But, this claim is completely false and they have no connection with that company. We will show the details in the later section.

On the website, trade assets are never fully disclosed. The website makes frequent references to Forex trading, but we had a hard time finding any details regarding specific instruments.

EverMarketsefex Details

Deposits and Withdrawals

Making deposits on EverMarketsefex is relatively easy, with various options available. However, withdrawing your funds can be a nightmare. Users report experiencing delays, account verification hurdles, and suspiciously high withdrawal fees. Some have even alleged complete fund lock-ins, making it impossible to access their hard-earned money.

Account Types

The transparency issues extend beyond the company’s legal history. For some reason, it is very difficult to obtain comprehensive information on the packages that are offered and their costs. Only these account types are mentioned on the website:

• Standard
• ECN
• Pro.Ecn
• Nano – $250
• PAMM – $50

Red Flags and Warning Signs

The brokerage website purports to be run by Ever-long Capital Management Ltd., which is duly authorized by the SFC, the financial authorities of Hong Kong. The Styland Group, sometimes known as Styland Holdings, is the owner of this financial services branch. 

The issue is that evermarketsefex.com and the listed businesses have no real affiliation. These businesses never mention that they are in charge of this specific domain. It is only the trading website that makes these claims. 

We were curious as to whether there was any truth to these claims because the website is only available in Spanish. The broker’s statements are the only remaining piece of evidence, thus we may presume that the fraudster chose the name of a legitimate organization to establish a connection with to seem more trustworthy.

Customer Complaints and Negative Reviews

A quick search online reveals a plethora of negative reviews and complaints against EverMarketsefex. Users report:

• Difficulty withdrawing funds, with some accounts seemingly frozen with no explanation.
• Poor customer support that is unresponsive or unhelpful when contacted.
• Unclear and manipulative trading conditions that disadvantage investors.
• Aggressive upselling tactics and pressure to deposit more funds.

These complaints paint a disturbing picture of a broker more interested in lining its own pockets than serving its clients’ best interests.