📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

EverFX Brokers Fees & Spreads

EverFx Fees and Spreads

 

Overall Rating

4.4/5

Rated #289 of
Recommended FX Brokers

💰Minimum Deposit

USD 250

🌐 Regulators

CySEC, FSA, CIMA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

EverFX spread and commission fees start from US Dollar $2.00 with spreads from 0.8 pips. EverFX limited number of available deposit currencies will mean that traders will incur conversion fees when withdrawing their profits. EverFX Customers are not charged inactivity fees.

Finding a reputable list about EverFX Fees and Spreads local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth Fees and Spreads review regarding this regulated Forex Company, which will assist traders and allow traders to invest in their currency.

 

Fees and Spreads

 

The EverFX spread list is as follows:

For Entry accounts, spreads start at 1.5 pips, for Standard account holders, spreads begin at 1.2 pips, for Premium account holders’ spreads begin at 0.8 pips, and zero-pip spreads are available with the VIP account.

The commission is payable for VIP account holders and it ranges from $2 to $6 per lot depending on your authority.

 

Additional Trading Fees

 

Overnight fees, or swap fees, are also charged to positions held overnight. Customers are not charged inactivity fees, however, which is competitive.

EverFX does offer an Islamic Account, which allows Muslim traders to enjoy swap-free trading, as this type of interest is prohibited by Sharia law.

The broker’s limited number of available deposit currencies will mean that traders will incur conversion fees when withdrawing their profits.

The broker does not charge deposit fees, although the payment processor or bank may cause traders to incur deposit or withdrawal costs, which are beyond the broker’s control.

However, a 3% fee is charged with a credit card and Neteller withdrawals. There is also a 1% charge with Skrill payments.

 

Overall Rating

4.4/5

Rated #289 of
Recommended FX Brokers

💰Minimum Deposit

USD 250

🌐 Regulators

CySEC, FSA, CIMA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Broker Fees

 

Traders also need to ensure that they verify additional charges which may be waived by their financial institution. Also, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.

EverFX is not a spread betting broker, so spread betting fees will not apply.

 

Pros and Cons

✔️ PROS ❌ CONS
Tight spreads Withdrawal fees are charged
High leverage
No deposit fees
Competitive trading fees
Swap-free account available for Muslim traders
Low minimum deposit

 

You might also like: EverFX Sign up Bonus

You might also like: EverFX Demo Account

You might also like: EverFX Minimum Deposit 

You might also like: EverFX Islamic Account

You might also like: EverFX Account Types

 

FAQ’s

 

How many instruments can I trade with EverFX?

At EverFX, clients can trade 130 financial assets:

  • Forex – Trade popular forex pairs, including the EURUSD, GBPUSD, and USDJPY
  • Stocks – From Amazon to Facebook and Apple, shares in household names are available
  • Indices – Trade on world-leading indices, such as the Dow Jones, Nikkei 225, and Euro Stoxx 50
  • Metals – Gold, Aluminium, and Copper offer an interesting alternative to forex and stock trading.
  • Commodities – Trade futures on commodities such as coffee, cotton, and wheat
  • Cryptocurrency – Trade 15 of the biggest brands including Bitcoin, Ethereum, and Ripple.

 

Does EverFX offer leverage?

Yes. Entry and Standard account holders can utilize leverage up to 1:500, Premium account holders up to 1:400, and VIP accounts, up to 1:200.

 

What spreads can I expect with EverFX?

For Entry accounts, spreads start at 1.5 pips, for Standard account holders, spreads begin at 1.2 pips, for Premium account holders’ spreads begin at 0.8 pips, and zero-pip spreads are available with the VIP account.

 

Does EverFX charge commission?

Yes, EverFX does charge commissions. The commission is payable for VIP account holders and it ranges from $2 to $6 per lot depending on your authority.

 

Is EverFX regulated?

Yes, EverFX is regulated by Cypress Securities and Exchange Commission (CySEC).

 

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

Yes, EverFX is a good option for beginner and advanced traders.

 

What is the overall rating out of 10 for EverFX?

8/10.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

FINEXO Review

Overall, FINEXO is regulated by two tier-1 regulators, two tier-2 regulators, and four tier-3 regulators respectively. It has a high trust score of 97 out