EVERGREEN Forex Broker

Evergreen Forex Broker - Complete Information Guide

1. Broker Overview

　　Evergreen Forex Global Limited, commonly referred to as Evergreen broker, was established in 2021. The company is headquartered in the United Kingdom, with its main office located in London. Evergreen Forex operates as a private entity, focusing on providing trading solutions to individual and institutional clients.

　　The broker primarily serves retail traders and institutional investors, offering a range of financial products and services. Since its inception, Evergreen has made significant strides in the forex trading space, catering to a diverse clientele that includes novice traders and experienced market participants. Key milestones in the company's development include the launch of various trading instruments and the establishment of a user-friendly trading platform.

　　Evergreen Forex operates under a business model that encompasses retail forex trading, providing clients with access to a variety of trading instruments, including currency pairs, commodities, and indices. The company's commitment to delivering competitive trading conditions and innovative solutions has positioned it as a notable player in the forex market.

2. Regulation and Compliance Information

　　As of now, Evergreen broker operates without regulation from a top-tier financial authority. This lack of oversight raises concerns regarding the safety and security of client funds. The absence of regulatory licenses means that there are no specific regulatory numbers associated with the broker.

　　Due to its unregulated status, Evergreen Forex does not offer the typical investor protection mechanisms that regulated brokers provide, such as client fund segregation and participation in investor compensation schemes. This situation may expose clients to higher risks, including the potential for fund mismanagement.

　　In terms of compliance, Evergreen Forex has not publicly disclosed its Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are crucial for ensuring the integrity of financial transactions and preventing illicit activities. The lack of transparency regarding these policies further complicates the broker's credibility.

3. Trading Products and Services

　　Evergreen broker offers a diverse range of trading products to cater to the needs of its clients. The broker provides access to over 30 forex currency pairs, including major, minor, and exotic pairs. In addition to forex trading, clients can trade Contracts for Difference (CFDs) on various asset classes, including indices, commodities, and cryptocurrencies.

　　The broker's product offerings are regularly updated, with new instruments introduced to meet market demands. This adaptability allows Evergreen to stay competitive in a rapidly evolving trading environment. Retail trading services are complemented by institutional solutions, catering to hedge funds and proprietary trading firms.

　　Furthermore, Evergreen Forex offers white label solutions, enabling partners to launch their own branded trading platforms while leveraging Evergreen's infrastructure and liquidity. The broker also provides asset management services, helping clients manage their investments effectively.

4. Trading Platforms and Technology

　　Evergreen broker supports the widely used MetaTrader 5 (MT5) trading platform, which is favored by many traders for its advanced features and user-friendly interface. The broker does not currently offer MetaTrader 4 (MT4) support, focusing instead on the more modern MT5 platform.

　　Additionally, Evergreen Forex has developed a web-based trading platform that allows clients to trade directly from their browsers without the need for software installation. This platform is complemented by mobile applications available for both iOS and Android devices, providing traders with the flexibility to manage their accounts on the go.

　　The broker employs various execution models, including Electronic Communication Network (ECN) and Straight Through Processing (STP), ensuring that clients benefit from competitive pricing and fast order execution. Evergreen's technical infrastructure is robust, with server locations strategically placed to enhance trade execution speed and reliability. The broker also supports API access, allowing clients to engage in automated trading strategies.

5. Account Types and Trading Conditions

　　Evergreen broker offers several account types tailored to different trading preferences and experience levels. The standard account requires a minimum deposit, with competitive spreads and commissions. Advanced account types, such as VIP and professional accounts, provide enhanced trading conditions, including lower spreads and personalized services.

　　Special accounts, such as Islamic accounts, are available for clients who adhere to Sharia law, ensuring that trading practices comply with religious principles. The broker also offers a demo account for traders to practice their strategies without financial risk.

　　Leverage ratios vary depending on the type of product being traded, with the broker offering leverage up to 1:500. The minimum trade size is set at 0.01 lots, allowing traders to manage their risk effectively. Overnight fees are applied to positions held beyond the trading day, and the specifics of these fees can vary based on account type and market conditions.

6. Fund Management

　　Evergreen broker supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies depending on the type of account chosen. Deposits are generally processed quickly, with most methods allowing for immediate fund availability.

　　The broker does not charge deposit fees for most payment methods, making it cost-effective for clients to fund their accounts. Withdrawal options include the same methods used for deposits, with specific limits and processing times varying by method. Withdrawal requests are typically processed within a few business days.

　　However, it is important to note that withdrawal fees may apply, depending on the chosen method, and clients should review the broker's fee structure for clarity on potential costs associated with fund management.

7. Customer Support and Educational Resources

　　Evergreen broker provides customer support through various channels, including telephone, email, live chat, and social media platforms. The support team is available during business hours, with coverage across multiple time zones to assist clients globally.

　　The broker supports multiple languages, ensuring that clients from different regions can receive assistance in their preferred language. To enhance the trading experience, Evergreen offers a range of educational resources, including webinars, tutorials, and eBooks.

　　Market analysis services are also provided, featuring daily analysis, news updates, and research reports to keep clients informed about market trends. Additionally, the broker offers trading tools such as calculators and economic calendars to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

　　Evergreen broker primarily serves clients in various regions, focusing on markets in Europe, Asia, and Africa. The broker has established a presence in these areas, with regional offices to support local clients.

　　However, there are specific countries and regions from which Evergreen does not accept clients. These restrictions are typically in place due to regulatory compliance issues and may include jurisdictions with strict financial regulations.

　　The broker may also impose special limitations based on local laws and regulations, which could affect the availability of certain services or products in specific regions. For clients considering trading with Evergreen Forex, it is advisable to review the broker's terms of service and regional restrictions to ensure compliance with local laws.

　　In conclusion, while Evergreen broker offers a range of trading products and services, potential clients should carefully consider the broker's unregulated status and associated risks before proceeding with their trading activities.