Founded in 2016, Evolve Markets is a crypto-based online brokerage that offers Forex and CFD trading via the popular MetaTrader 4 and MetaTrader 5 trading platforms. They offer their clients access to the global markets with institutional trading infrastructure, liquidity, and the freedom of cryptocurrencies. The broker makes use of straight-through processing (STP) execution model for trading Forex, commodities, and index CFDs. Their client can use cryptocurrency for deposit and trade settlements.
Evolve Markets Review Introduction
In this Evolve Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Evolve Markets.
Evolve Markets Platforms & Tools
Evolve Markets’ trading instruments are accessible via MetaTrader 4 and the MetaTrader 5 trading platforms. The MT4 and MT5 platforms are very similar, with the MT4 having slightly fewer features. They are user-friendly and available as desktop (Windows/MAC) applications, web terminals, and mobile trading apps for iOS and Android devices, which can be downloaded from relevant app stores.
The MT5 platform comes with the following features:
- Real-time quotes in the market watch window with level 2 depth of market (DOM) pricing
- Fully customizable user interface
- Trading strategy templates
- Multiple chart timeframes
- Multiple order types
- Technical indicators & graphical objects for chart analysis
The broker does not offer any stand-alone trading tools, however, there is an abundance of tools built into the MetaTrader platforms.
Evolve Markets Research & Education
The broker does not offer any educational material at the moment.
Evolve Markets Trading Accounts
At the moment, Evolve Markets offers one account type with raw spreads and commissions for all trading pairs on MT5 and MT4. The broker offers leverage up to 1:500 on FX, 1:50 on Crypto. Accounts get STP market execution, 24-hour trading, and no FIFO limits.
Evolve Markets Account Funding
Traders can deposit cryptos for free, quickly and easily into their Evolve Markets account. There is a minimum withdrawal of 0.005 BTC / LTC, and crypto profits can be withdrawn at any time, without any fees while keeping their financial privacy intact.
Evolve Markets Customer Service
The Evolve Markets support team is available by e-mail during Forex market hours — from Sunday 22:00 to Friday 22:00 GMT — and they aim to respond as soon as possible within 24 hours. There are also some support articles on the broker’s website that can get you instant answers to some commonly asked questions.
Evolve Markets Regulation
Evolve Markets Ltd. is incorporated in St. Vincent & the Grenadines as an International Broker Company with the registration number 23498 IBC 2016. Being a registered IBC (International Business Company), the broker must satisfy all regulatory requirements and necessary compliances under IBC jurisdiction worldwide, but they do not yet carry a regulatory brokerage license in any jurisdiction.
Evolve Markets Summary
Evolve Markets is a crypto-based online brokerage founded in 2016 that provide some of the benefits of a normal trading broker, such as access to the MetaTrader platforms and various markets while using cryptos for settlements. Evolve Markets could be a popular choice for traders who like to deal in Cryptocurrencies since they can deposit Bitcoin or Litecoin and trade Cryptocurrencies, Forex, and other CFDs on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
It is worth mentioning that some of the trading products and services in this Evolve Markets review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Evolve Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.