EVERFX Company

　　

EverFX Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　EverFX is an international online trading broker that was established in 2016. The company operates under the name ICC Inter Certus Capital Ltd, providing a range of trading services across various financial markets.

　　

Parent Company/Ownership Structure

　　EverFX operates as a subsidiary of ICC Inter Certus Capital Ltd, which is a limited liability company incorporated in the Cayman Islands. This ownership structure allows EverFX to leverage the regulatory framework of multiple jurisdictions.

　　

Headquarters Location

　　The headquarters of EverFX is located in Limassol, Cyprus. Additionally, it has an office in the Cayman Islands, which further supports its global operations.

　　

Global Business Scope

　　EverFX serves retail and institutional investors from over 180 countries, with the exception of certain regions such as the USA, Canada, Belgium, and Iran. The broker offers access to more than 200 tradable instruments across six asset classes, including forex, stocks, commodities, and cryptocurrencies.

　　

Main Regulatory Bodies

　　EverFX is regulated by several authorities, including:

• Cyprus Securities and Exchange Commission (CySEC)
• Cayman Islands Monetary Authority (CIMA)
• Comisión Nacional del Mercado de Valores (CNMV) in Spain
• Financial Conduct Authority (FCA) in the UK (though it is currently listed as unsubscribed)
• Other regional regulatory bodies, such as the Polish KNF and Swedish FI.

　　

2. Company History and Development

　　

Key Milestones

• 2016: EverFX was founded, marking its entry into the online trading market.
• 2017: The company expanded its operations and began offering services to a broader audience.
• 2018: EverFX received multiple awards, including recognition as the fastest-growing CFD broker in Europe.

　　

Business Expansion Journey

　　Since its inception, EverFX has focused on expanding its market presence through strategic partnerships and marketing initiatives. The broker has made significant strides in enhancing its trading infrastructure and service offerings.

　　

Customer Base Growth

　　EverFX has witnessed substantial growth in its customer base, catering to both retail and institutional traders. The broker's commitment to providing a wide range of financial instruments and competitive trading conditions has attracted a diverse clientele.

　　

Platform Development History

　　EverFX offers multiple trading platforms, including the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with its proprietary web-based platform, Status. The development of these platforms has been crucial in providing traders with a user-friendly and efficient trading experience.

　　

Important Awards or Recognitions Received

　　EverFX has received accolades for its services, including:

• Fastest Growing CFD Broker in Europe (2018)
• Best New Multi-Asset Broker in Europe (2018)

　　

3. Trading Services Offered

　　

Forex Trading Options

　　EverFX provides access to over 50 currency pairs, including major, minor, and exotic pairs. This extensive range allows traders to engage in diverse forex trading strategies.

　　

Stock Trading Options

　　The broker offers a selection of stock CFDs, enabling clients to trade shares of well-known companies from both European and American markets. This provides a valuable opportunity for traders looking to diversify their portfolios.

　　

CFD Trading Products

　　EverFX specializes in CFD trading across various markets, allowing traders to speculate on price movements without owning the underlying assets. This includes indices, commodities, and cryptocurrencies.

　　

Other Financial Instruments

　　In addition to forex and stock trading, EverFX offers trading in:

• Cryptocurrencies: A range of digital currencies, including Bitcoin and Ethereum.
• Commodities: Futures trading on commodities such as gold, oil, and agricultural products.
• Metals: Trading opportunities in precious metals like silver and platinum.

　　

Special Services or Unique Advantages

　　EverFX provides several unique advantages, including:

• High Leverage: Up to 1:500 for certain account types.
• Islamic Accounts: Swap-free accounts available for Muslim traders.
• Educational Resources: Access to webinars, market analysis, and trading tools through the EverFX Academy.

　　

4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　EverFX is regulated by multiple authorities, which include:

• CySEC: Provides oversight for its operations in the European market.
• CIMA: Regulates its activities in the Cayman Islands.
• CNMV: Ensures compliance with Spanish financial regulations.

　　

Legal Entity Structure by Region

• Cyprus: EverFX operates under ICC Inter Certus Capital Ltd, regulated by CySEC.
• Cayman Islands: Operates under ICC Inter Certus Capital (Cayman) Ltd, regulated by CIMA.

　　

Client Fund Protection Measures

　　EverFX implements several measures to protect client funds, including:

• Segregated Accounts: Client funds are held in separate accounts from the company's operational funds.
• Investor Compensation Fund: In Cyprus, clients may be eligible for compensation up to €20,000 in case of insolvency.

　　

Countries/Regions Served

　　EverFX serves clients from various regions globally, excluding the USA, Canada, Belgium, Iran, and North Korea.

　　

Compliance History

　　While EverFX is regulated by credible authorities, there have been mixed reports regarding its compliance and customer service, particularly concerning withdrawal processes.

　　

5. Competitive Landscape

　　

Main Competitors

　　EverFX faces competition from several established brokers in the online trading industry, including:

• XM Group
• IG Group
• OANDA
• FXTM (ForexTime)
• Admiral Markets

　　

Positioning in the Industry

　　EverFX positions itself as a competitive broker offering a diverse range of trading instruments and robust trading platforms. Its focus on customer service and educational resources helps it attract and retain clients.

　　

Market Differentiation Factors

　　Key differentiators for EverFX include:

• Wide Range of Tradable Assets: Access to forex, stocks, CFDs, and cryptocurrencies.
• High Leverage Options: Competitive leverage ratios compared to many brokers.
• Regulatory Oversight: Multiple regulatory licenses providing a degree of security for traders.

　　In conclusion, EverFX is a comprehensive online trading broker with a diverse range of services and a commitment to regulatory compliance. While it has made significant strides in the industry, potential clients should carefully evaluate their trading needs and consider the mixed reviews regarding customer support and withdrawal processes. For more information about EverFX, learn more.