Evolve Markets Review

Evolve Markets offers traders excellent trading infrastructure, liquidity and freedom to choose any cryptocurrencies. You can buy, sell and trade cryptocurrencies, forex and CFDs on user-friendly MetaTrader trading platforms. For all those interested in high leverage trading, Evolve Markets is the best option as they offer leverage which can go as high as 1:1000. However, just be careful when trading with high-leverage.

Launched in 2016 by early bitcoin adopters and FX brokerage veterans, Evolve Markets has taken the conventional brokerage model to the next level by involving crypto for deposit and trade settlement. 

Evolve Markets Review – Trading Conditions

Evolve Markets utilizes STP and ECN models for forex, commodities and CFDs. Hence, there is no intervention by the brokerage in dealing with the liquidity providers, and there is no conflict of interest too.

Evolve Markets Review – Regulation

Evolve Markets is established in St. Vincent & the Grenadines as an international brokerage company. Since the company is registered, it satisfies all the requirements. However, they don’t carry any license in any jurisdiction, which enables them to offer high leverage, a wide range of trading instruments and crypto trading accounts. Although it is preferred to go for a regulated broker, accessibility to a wide range of features might be a good reason to give Evolve Markets a shot!

Security

Evolve Markets utilize advanced cryptography and encryption at all levels to protect the client’s personal data and funds. The broker states that they go the extra mile when it comes to the safety and security of their clients, which is why they follow the infrastructural facilities available: 

• 100% cold storage for keeping all the incoming deposits whose private keys are never exposed.
• Constant monitoring of the systems to find any signs of suspicious activities.
• Two-factor authentication for extra protection.

Countries

Evolve Markets doesn’t provide its services to a country or jurisdiction where its services are considered illegal.

Evolve Markets’s Platforms

Evolve Markets’ trading instruments can be accessed with the most powerful MetaTrader 4 and 5 trading platforms compatible with web, desktop and mobile devices. Additionally, they have their proprietary trading platform, which is user-friendly and can easily be used on the web without downloading the software.

Evolve Markets’s Tools

Evolve Markets provides access to multiple tools to conduct in-depth market analysis and manage trades. This can make your trading experience enjoyable as you can access thousands of free and paid MetaTrader add-ons in one place. You can find various indicators and automated systems from other users as well.

Evolve Markets Review – Education

The only drawback that Evolve Markets has is that it does not offer any educational materials for traders to enhance their trading knowledge and skills. This can be slightly disappointing, especially for beginners who prefer to switch to other brokers who support new traders with tutorials, webinars, guides and more. However, the brokers do have a blog section that covers some topics relating to their service. Additionally, there is a help section to answer some of the most common questions the traders generally have, which can be helpful to some extent.

Evolve Markets

Evolve Markets has many trading instruments for traders, including crypto, forex, commodities, indices and stocks.

Evolve Markets Review – Accounts

Evolve Markets offers only one account type with raw spreads as low as 0.0 pips and a meager commission starting from 0.0035% for all trading instruments. This fee is genuinely very reasonable when compared with its direct competitors. Additionally, you can open a free demo account to practice your trading strategies before you switch to a live account. Signing up with Evolve Markets is very easy and simple. All you need to do is fill out an application form which hardly takes a minute, and your account is approved instantly.

Customer Support

Evolve Markets offers excellent customer support through email, chat and social media. The best part is their support is available 24*7, so the customers can contact them even on weekends.

Conclusion

Evolve Markets is an ideal choice for traders interested in crypto trading. Although most of their features are of a typical trading broker, such as providing access to various markets and trading platforms, they also provide crypto as a settlement alternative. The broker has highly competitive trading conditions, low fees, tighter spreads and 24*7 customer support. However, Evolve Markets is not regulated, which can put off some traders. In contrast, others see this as an opportunity to take advantage of certain features that a regulated broker cannot provide. Therefore, everyone has different needs, and you must do your due diligence to make the right decision.