EverestCM Reviewed

EverestCM can be summarized as a trustworthy broker with a trust score of 80 out of 100. EverestCM is regulated by FSC and offers a maximum leverage ratio of 1:500 with a minimum deposit amount of $100 USD.

EverestCM at a glance

Overall Rating

• 4/5

Min Deposit

USD 100 

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Read Review

OPEN AN ACCOUNT

on EverestCM's website

EverestCM Review – 19 Key Point Quick Overview Revealed (2025):

EverestCM is a Forex CFD Provider based in Mauritius. What differentiates the broker from other brokers is that it tries to bridge the gap between the retail trading world and the institutional trading world.

EverestCM found a way to offer the lowest forex and CFSs pricing with the launch of its Raw Spread Trading Account. This account provides the trader with the lowest spreads together with execution technology a deep liquidity pools.

Overall Rating

• 4/5

Min Deposit

USD 100 

Regulators

FSC

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Read Review

OPEN AN ACCOUNT

on EverestCM's website

EverestCM Overview

With EverestCM, traders can trade using a variety of CFDs, which include forex, indices, spot metals, commodities, stocks, and cryptocurrencies. Trading is done on the popular MetaTrader4 and MetaTrader5 platforms.

Traders can opt for two types of live accounts namely a Raw Spread Trading Account and a Classic Trading Account. In addition, the broker also offers a demo account as well as an Islamic Swap-Free Account for traders that follow the Muslim faith.

Although EverestCM is managed from an offshore destination, it is the trade name of Myrtle Ltd. which is authorized and regulated by the Mauritius Financial Services Commission (FSC).

EverestCM does not provide its services to residents of the USA, Seychelles, Mauritius, North Korea, Iran, Japan, Belgium, Canada, and other countries whose domestic regulations classify such investment offerings as prohibited.

EverestCM Pros and Cons

EverestCM Awards and recognition

2025 DFMN Best Broker award

When a broker has won numerous awards and indicates such on their website, it often instills more confidence in the broker as an industry leader and provides it with a good reputation in its solutions and services provision.

EverestCM Trading accounts and features

EverestCM Raw Spread Trading Account

Trading platform – MT4 and MT5

Minimum deposit – $ 100

Commission – $3.50 per lot

Leverage – 1:500

Spreads – starting from 0.0 pips

Margin call – 100%

Stop out – 30%

Swap-free account

EverestCM Classic Trading Account

Trading Platform – MT4 and MT5

Minimum deposit – $ 100

Zero commission charges

Leverage – 1:500

Spreads – starting from 1.6 pips

Margin call – 100%

Stop out – 30%

Swap-free account

EverestCM offers two kinds of live account types namely a Raw Spread Trading Account and a Classic Trading Account. It is offered to individuals and for joint accounts as well as for corporate trading accounts. EverestCM also offers beginner traders the option of a demo account and makes provision for traders the follow the Muslim faith to open an Islamic Account.

EverestCM Deposits and withdrawals

When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.

Regulation plays a key part where client funds are concerned as funds that are kept in segregated accounts must be available for withdrawal at any given time when a request is made by the trader and subsequent owner of the trading account.

EverestCM makes provision for the following payment methods which can be used for deposits and withdrawals:

Visa

MasterCard

UnionPay

Boletol

WebPay

Skrill

Neteller

BCP

Bank Wire Transfer

Currencies that are accepted are USD, EUR, and GBP. EverestCM does not charge any deposit or withdrawal fees, but traders may be subjected to transaction fees, charged by their bank.

EverestCM fees and spreads

When evaluating a broker, it is imperative to look at the fees which are charged. These often depend on numerous factors including the spread, commissions, and margin requirements. The spread is the difference between the bid and the asking price, which is expressed in pips, which is the smallest increment that a price can move either up or down.

A margin requirement is the amount of capital that the trader must put down at the start of the trade, or that they must have available in their trading account, as collateral for the trade. This amount is often lowered substantially when leverage is applied.

Commissions are charged on certain instruments, often when traders are offered with variable or floating spreads, as the percentage charged counts towards the broker’s fee for their services. Brokers who are Market Makers, or who offer fixed spreads, often offer commission-free trading.

EverestCM does not charge any commission on the Classic Trading account, but a $3.50 per lot commission is charged on the Raw Spreads Trading Account. Spreads on the Raw Spread Trading account start at 0.0 pips and on the Classic Account at 1.6 pip. There are no fees charged on deposits or withdrawals but a currency conversion fee will be applicable if the wrong currency is used.

EverestCM Leverage

EverestCM offers traders leverage up to 1:500.

EverestCM Sign-up Bonus

At the time of writing, EverestCM offered a 40% deposit bonus, but it was for a limited time only. There is no indication of any other bonus offerings on the broker’s website.

EverestCM Trading platforms, software, and its features

With EverestCM, these cutting-edge platforms are available to download for free, subject to you having a trading account with the broker. All the technical or practical support you might need is offered by the broker.

In addition, EverestCM provides a personal dedicated account manager when you register a live account with it. If you don’t find the answers to your questions in the dedicated FAQs section or on our trading platforms, the account manager is on hand to help you with anything you might need.

The platforms offer a selection of tools, indicators, and timeframes designed to allow you to monitor and analyze the markets in real-time.

EverestCM Market instruments

The following assets are available

Forex

Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Commodities

As with currency exchange markets, commodity markets offer trading in contract-based tradable goods.

Indices

Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is actual stock market indexes that measure the value of a specific section of a stock market.

Precious metals

This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.

Energy

The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice.

Cryptocurrencies

Bitcoin (BTC) is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap.

Litecoin (LTC) is like Bitcoin but differs in terms of scalability.

Ethereum (ETH) is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform.

Ripple (RPL) is popular among big banks with the Ripple network a next-generation real-time gross settlement system.

Bitcoin Cash (BCH) was created as an updated version of the blockchain with different rules.

EverestCM makes provision for the following tradable financial instruments: forex, indices, stocks, energies, precious metals, and cryptocurrencies.

EverestCM Safety and Security

When choosing a broker, one of the benchmarks against which to measure safety and client fund safety and security, is to establish which regulating authorities oversee the operations of the broker.

EverestCM is a brand affiliated with Myrtle Ltd, a financial services company supervised by the Mauritius Financial Services Commission (FSC). EverestCM revolutionizes the online Forex trading world and traders are given access to pricing you can find only at tier-one investment banks.

EverestCM complies with the highest standards regarding client money protection. Therefore, the broker client’s funds are kept in tier-1 banking institutions, in segregated accounts. This means only the trader has access to the funds and they cannot be used by the broker for any company operational expenses or purposes.

EverestCM also complies with the client money handling rules and employs strict policies and procedures regarding the maintenance and operation of these accounts.

EverestCM Customer support

This is a critical point when evaluating potential brokers to trade with as the broker must ensure that their traders have a variety of ways in which to contact support should they have queries, questions, or issues.

EverestCM customer support can be contacted through the website by completing a call-back request form, email, or Live Chat. It does not provide a telephone number. Office hours are from Monday to Friday, 07:00 to 22:00 and the Trading Desk can be contacted 24/5.

EverestCM can also be contacted via social media platforms such as Facebook, Instagram, Twitter, YouTube, and Telegram.

EverestCM Education and training

Education refers to all the learning material and tools offered by brokers which is imperative for traders in their trading activities, especially beginners. It provides traders with the necessary knowledge that they will need to become successful traders.

There is not much offered to first-time traders on the EverestCM website. The broker does offer a demo account and has a FAQ section where help can be found. It offers no other education tools.

EverestCM Research

To assist in their trading endeavors, brokers offer traders a variety of trading tools that can be used to refine their trading.

EverestCM does not make much provision for any research tools such as calendars and calculators. It does offer daily market news and copy trading. There is also an indication that MyFXBook will be available in the near future.

EverestCM vs TigerWit vs NSFX – A Comparison

EverestCM Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “EverestCM ” is entered into Google’s search engine over a given period of time.

Conclusion

EverestCM is a fairly new kid on the block but seems to have established it and has built up a positive reputation in its few years of operation. EverestCM caters to a variety of traders despite their trading needs, objectives, trading experience, or style of trading.

The one thing EverestCM stands out from its competitors is its Raw Spread Trading Account, its good starter range of financial instruments, and the competitive pricing offered on most pairs.

The minimum deposit requirement of only $ 100 is fairly low, and EverestCM earns some popularity points with the trading community for the acceptance of several cryptocurrencies as an account funding method.

EverestCM’s ECN trading environment, which has fast execution speeds, provides for secure transactions with instant execution and order filling, no requotes, and no conflicts of interest. EverestCM clients have access to a wide choice of trading platforms, including MetaTrader4 and MetaTrader5, and are free to hedge, scalp, and employ automated trading systems.

On the negative side, EverestCM is registered in an offshore destination and although it is the trading platform of Myrtle Ltd, a financial services company supervised by the Mauritius Financial Services Commission (FSC), traders are cautioned when choosing EverestCM as a trading broker.

Disclaimer

EverestCM warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors.

The Client should not engage in any investment directly or indirectly in Financial Instruments unless they know and fully understand and acknowledge the risks involved for each one of the Financial Instruments offered by EverestCM. Therefore, prior to applying for a trading account with EverestCM, EverestCM should consider carefully whether investing in a specific Financial Instrument is suitable for them in the light of their personal circumstances and financial resources.

In case the Client does not fully understand the risks involved, they should seek independent advice or consultation from an independent financial advisor, prior to entering into any transaction with EverestCM. If the Client still is unable to understand the risks involved in trading in Financial Instruments, the Client should not trade at all.

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Frequently asked questions

Trading environment

How many instruments can I trade with EverestCM?

You can trade the following instruments namely, forex, indices, stocks, energies, precious metals, and cryptocurrencies.

Which platforms are supported by EverestCM?

MetaTrader4 and MetaTrader5.

Does EverestCM offer leverage?

Yes. EverestCM offers leverage up to 1:500.

What spreads can I expect with EverestCM?

Spreads typically start from 0.0 pips on the Raw Spread Trading Account and 1.6 pips on the Classic Trading Account.

Does EverestCM charge commission?

There are no commission charges on the Classic Account, however, on the Raw Spread Trading Account, the commission charges are $3.50 USD per lot.

Is EverestCM regulated?

Yes. EverestCM is regulated by the FSC in Mauritius.

Is EverestCM a recommended forex trading broker for experts and beginners?

Yes. EverestCM does cater to both beginner and expert traders.

What is the overall rating out of 10 for EverestCM?

8/10.

Accounts

What is the difference between a demo and a live trading account?

A demo account is offered by brokers as a risk-free trading environment where traders can use virtual funds to either explore the broker’s offer, practice trading, or test strategies.

Does EverestCM offer a demo account?

Yes. EverestCM does offer traders the option to open a demo account.

How long is the demo account valid?

EverestCM offers the demo account for an unlimited time period.

Which live trading accounts does EverestCM offer?

EverestCM offers two live trading accounts namely a Classic Trading Account and a Raw Spread Trading Account. Both accounts are available for individuals, joint accounts, or corporate accounts.

What are the available deposit currencies for a live trading account?

• USD
• EUR
• GBP

Deposits and withdrawals

What is the minimum deposit for EverestCM?

$100 USD

How do you make a deposit and withdrawal with EverestCM?

• Visa
• MasterCard
• UnionPay
• Boletol
• WebPay
• Skrill
• Neteller
• BCP
• Bank Wire Transfer

Does EverestCM charge withdrawal fees?

No. EverestCM does not charge any withdrawal fees. Traders may be subjected to transaction fees that are charged by their bank.

How long does it take to make a withdrawal?

All methods of withdrawal will take place within 24 hours.