Evolution Forex Broker keeps up-to-date with the latest trading account information, including Platinum, Standard maximum leverage of 1:100, trading varieties, and more
Rating Index
Pros
Evolution Brokers is regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of oversight and security for traders.
The platform offers a wide range of trading instruments, including forex, CFDs, and cryptocurrencies, catering to various trading preferences.
Evolution Brokers has a user-friendly trading platform that is accessible on multiple devices, enhancing convenience for traders.
Cons
The minimum deposit requirement of $300 may be considered high for beginner traders looking to start with a smaller investment.
Evolution Brokers does not offer negative balance protection or guaranteed stop-loss features, which can increase the risk for traders.
Customer support has been reported as slow, with limited options for immediate assistance, such as live chat not being available.
Evolution broker Accounts
Platinum
Standard
Evolution Brokers Account Type
Evolution Brokers offers four different types of trading accounts to cater to various trader needs:
- Beginner Account:
- Minimum Deposit: $500
- Deposit Bonus: Up to 20%
- Spreads: Starting at 3 pips
- Leverage: Up to 1:1000
- Market Execution: Yes
- Hedging: Allowed
- Standard Account:
- Minimum Deposit: $1,000
- Deposit Bonus: Up to 30%
- Spreads: Starting at 2 pips
- Leverage: Up to 1:1000
- Market Execution: Yes
- Hedging: Allowed
- Professional Account:
- Minimum Deposit: $5,000
- Deposit Bonus: Up to 40%
- Spreads: Starting at 1.5 pips
- Leverage: Up to 1:500
- Market Execution: Yes
- Hedging: Allowed
- VIP Account:
- Minimum Deposit: $50,000
- Deposit Bonus: Up to 50%
- Spreads: Starting at 0.6 pips
- Leverage: Up to 1:200
- Market Execution: Yes
- Hedging: Allowed
Select Your Account Type: Choose from the Beginner, Standard, Professional, or VIP account based on your trading needs and capital.
Complete the Registration Form: Provide the necessary personal information, including your name, address, email, and phone number.
Deposit Funds: Make an initial deposit that meets the minimum requirement for your chosen account type. The minimum deposit varies from $500 for the Beginner account to $50,000 for the VIP account.
Submit Identification: You may need to provide identification documents such as a government-issued ID or proof of address to verify your identity.
Start Trading: Once your account is approved and funded, you can begin trading using the MetaTrader 5 platform.
All accounts can be converted to Islamic accounts if needed.
Evolution Brokers Broker Account Opening Process
To open an account with Evolution Brokers, follow these steps:
For further assistance or inquiries, contact Evolution Brokers' customer service.
Evolution Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.