Eurivex Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
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I’ve used this broker for many years, a reliable one. Comfortable trading environment, advanced trading platform, and great customer service make up an ideal broker for me. I sincerely recommend this broker to your guys.
Eurivex has emerged as a controversial player in the forex and investment brokerage arena, with a mix of regulatory claims and user experiences that raise caution. This review synthesizes various sources to provide an overview of Eurivex, highlighting its key features, user feedback, and overall trustworthiness.
Attention: It is crucial to note that there are different entities operating under the name Eurivex across various regions, which can lead to confusion. This review aims to present a fair and accurate picture of the broker by examining multiple perspectives.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 3 |
| Tools and Resources | 2 |
| Customer Service and Support | 4 |
| Trading Setup (Experience) | 2 |
| Trustworthiness | 1 |
| User Experience | 2 |
We score brokers based on user feedback, regulatory compliance, and available trading conditions.
Founded in 2010, Eurivex claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 114/10. However, this claim is contested by multiple sources that suggest the entity operating under the domain "eurivextrade.com" is a clone of a legitimate firm and lacks proper regulation. The actual Eurivex is primarily focused on investment services related to bonds rather than forex trading, which adds to the confusion surrounding its offerings. The broker does not support popular trading platforms such as MT4 or MT5, and the available asset classes include forex, CFDs, commodities, and shares, although these claims remain unverified.
Eurivex claims to operate under CySEC regulations, which offers a degree of credibility. However, users are advised to verify the legitimacy of the specific domain they are dealing with, as many clones exist that exploit this regulatory framework.
There is limited information available regarding the specific currencies accepted for deposits and withdrawals. The absence of clear details raises concerns about the broker's transparency, which is critical for user trust.
Details about the minimum deposit required to open an account with Eurivex are not readily available, which is unusual for a regulated broker. This lack of clarity is a red flag for potential investors.
No information is available regarding bonuses or promotional offers from Eurivex, which is often a standard practice among legitimate brokers to attract new clients.
Eurivex advertises a range of tradable assets, including forex, indices, commodities, and shares. However, many sources indicate that these offerings may not be available or verified, leading to skepticism about their legitimacy.
The absence of clear information on spreads and fees further complicates the user experience. Many reviews indicate that withdrawal fees could be exorbitant, and there are likely hidden costs associated with trading on this platform.
There is no mention of leverage options, which is a critical factor for traders looking to maximize their investment potential. The lack of this information contributes to the overall uncertainty regarding Eurivex.
Eurivex does not provide access to popular trading platforms like MT4 or MT5, which are industry standards. Instead, users are directed to a vague registration page, suggesting that the broker may not have a functional trading platform at all.
While specific regions are not explicitly mentioned, it is noted that many brokers operating under the Eurivex name may not accept clients from heavily regulated jurisdictions such as the United States.
Eurivex reportedly offers customer support in multiple languages, including English and Chinese. However, user reviews indicate that response times may be longer than expected, which can be frustrating for traders seeking immediate assistance.
The account conditions at Eurivex are subpar, with a score of 3. Users have reported challenges in understanding the account types available, as the registration process appears to lead to a dead end without adequate information.
Eurivex scores a mere 2 in this category, as there are no trading tools or educational resources available to help users navigate the market effectively. This lack of support is a significant drawback for both novice and experienced traders.
With a score of 4, customer service at Eurivex has received mixed reviews. While support is available in multiple languages, the slow response times and lack of helpful information can leave users feeling neglected.
The trading experience is rated at 2, primarily due to the absence of a functional trading platform and the lack of transparency regarding available assets and costs.
Eurivex's trustworthiness is alarmingly low, with a score of 1. The presence of clone websites and unverified claims about regulatory compliance contribute to a pervasive sense of mistrust among users. Many reviews explicitly warn against engaging with this broker.
Overall user experience is rated at 2, reflecting significant dissatisfaction among traders. The confusion surrounding the broker's legitimacy, combined with poor customer service and a lack of functional trading tools, creates a frustrating environment for potential investors.
In conclusion, the Eurivex review paints a concerning picture of a broker that appears to be operating in a gray area of the financial market. Potential investors are strongly advised to conduct thorough research and consider alternative, well-regulated brokers before committing their funds.
