Ever-long Forex Broker provides real users with 1 positive reviews, * neutral reviews and * exposure review!
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SFC Suspicious Clone 
Compared with other platforms, the commission and other fees have no special advantages, but the quality of the customer service staff is very good, very professional, and they actively help me with account opening, deposit and withdrawal. Generally speaking, it is a reliable platform. platform.
Summary: Ever Long has garnered mixed reviews in the forex trading community, with users praising its customer service but raising concerns about regulatory oversight and trading conditions. One key finding is the lack of a widely recognized regulatory body overseeing its operations, which could be a significant factor for potential traders.
Note: It is essential to recognize that Ever Long operates under different entities across regions, which may impact user experience and regulatory protections. This review synthesizes information from multiple sources to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 5 |
| Customer Service and Support | 7 |
| Trading Setup/Experience | 6 |
| Trustworthiness | 5 |
| User Experience | 6 |
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding trading conditions and regulatory compliance.
Founded in 1997, Ever Long is a forex and CFD brokerage based in Hong Kong. It offers a range of trading services, including access to various financial instruments such as forex, commodities, and indices. However, it does not support popular trading platforms like MT4 or MT5, which might be a drawback for some traders. The brokerage is regulated under the Securities and Futures Commission (SFC) for futures contracts, but its overall regulatory standing remains a concern for potential customers.
Ever Long primarily operates in Hong Kong and is regulated under the SFC for futures contracts. However, the lack of regulation by a top-tier authority raises questions about the safety of client funds and trading practices. The absence of comprehensive regulatory oversight could expose traders to higher risks compared to brokers regulated by authorities like the SEC or FCA.
Ever Long supports various currencies for deposits and withdrawals, including major fiat currencies. However, there is no indication that it supports cryptocurrency transactions, which may limit options for some traders.
The minimum deposit requirement for opening an account with Ever Long is not explicitly stated in the available reviews, which could be a red flag for potential traders. It's advisable to contact customer support for clarification on this matter.
While some sources mention promotional offers, details are sparse. Traders should inquire directly with Ever Long for any current bonuses or promotions, as these can vary by region and may not be universally applicable.
Ever Long offers a variety of asset classes, including forex pairs, commodities, and indices. However, the absence of stocks or ETFs may deter some investors looking for a more diversified portfolio.
The reviews indicate that Ever Long does not have particularly competitive spreads or fees compared to other brokers. Users have noted that while customer service is generally good, the overall cost structure may not provide significant advantages over competitors.
Leverage options at Ever Long are not clearly defined in the available reviews, which is critical information for traders looking to maximize their trading potential. It is recommended that potential clients verify this directly with the brokerage.
Ever Long does not support popular trading platforms like MT4 or MT5, which could be a significant drawback for traders accustomed to these platforms' functionalities. The lack of advanced trading tools may limit the trading experience for some users.
Details about restricted regions are not clearly outlined in the reviews. Potential traders should consult Ever Long directly to understand any geographical limitations on account openings.
Customer service at Ever Long is reportedly responsive, with support available in multiple languages. This can be beneficial for international clients seeking assistance.
Ever Long's account conditions receive a score of 6 out of 10. While customer service is generally well-received, the lack of transparency regarding minimum deposits and leverage options raises concerns. According to WikiBit, users have reported that the brokerage does not provide sufficient details about account conditions, which could be a deterrent for potential clients.
With a score of 5, the tools and resources offered by Ever Long are limited. The absence of widely-used trading platforms like MT4 and MT5 means that traders may not have access to the advanced tools they need for effective trading. As noted by PediaFX, the platform lacks robust analytical tools that many traders rely on.
Ever Long scores a 7 for customer service and support. Users have praised the professionalism and responsiveness of the support staff, indicating that they are willing to assist with account-related inquiries and issues. However, the overall experience may vary based on the region, as noted in several reviews.
The trading setup at Ever Long receives a score of 6. While the brokerage offers a range of instruments, the lack of competitive spreads and fees could affect the overall trading experience. According to Investor.com, some users have expressed dissatisfaction with the cost structure, which may not be favorable compared to other brokers.
Trustworthiness is rated at 5, primarily due to the lack of oversight from a top-tier regulatory body. As mentioned in various reviews, the absence of comprehensive regulation raises concerns about the safety of client funds and the overall integrity of trading practices.
The user experience is rated at 6, reflecting a mixed reception. While customer service is generally well-received, the limitations in trading platforms and the lack of transparency regarding fees and conditions may impact overall satisfaction.
In conclusion, while Ever Long has some strengths, particularly in customer service, potential traders should weigh these against the concerns surrounding regulatory oversight and trading conditions. For those considering an account with Ever Long, a thorough review of their offerings and a direct inquiry into specific concerns is advisable.
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