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Yes we are. EverFX is regulated by CIMA (the Cayman Islands Monetary Authority)
With EverFX, you get a reputable, fully-regulated broker that is fully committed to fair trading practices and has invested heavily in education, ensuring that our traders are given every opportunity to improve themselves.
EverFX was the Sevilla FC team sponsor for the 2018-2019 season and has just renewed this sponsorship deal for the 2019-2020 season.
You can submit withdrawal request from the “Withdrawal” tab of your profile page. Please do not forget to fill in the comment box for your withdrawal request and please note that your free margin must exceed the amount specified in the withdrawal instruction, including all payment charges.
The forex, or foreign exchange market, is the biggest and most highly traded market in the entire world. It operates around the clock, five days a week and more than $5 trillion dollars are traded every single day. Most people know about foreign exchange from the booths at airports and holiday destinations that allow you to convert one currency into another. However, forex is a great deal more exciting than that. Trading forex involves speculating on the strength and weakness of different currencies against each other. Forex is traded in pairs, with the figure quoted for each pair referring to how much of one currency is able to be purchased with one unit of another currency. For instance, if the EUR/USD exchange rate is listed as 1.15, this means that 1 euro will buy you 1 dollar and 15 cents. When this number increases, it means that the euro is growing stronger in relation to the dollar. When this number drops, it means that the dollar is growing stronger in relation to the euro. In previous decades forex trading was exclusive to the foreign exchange desks of the big banks, but the Internet revolution changed all that and made it much more accessible to people from all sorts of walks of life.
Markets are places in which fortunes are both made and lost. There are tremendous opportunities but also great risks. Like any high pressure activity, it’s usually a minority who are truly successful. However, this does not mean that it’s impossible to learn the craft of trading and do well at it. In fact, this is the activity’s major attraction for many people. That an individual with access to markets and basic resources, can use their own knowledge and insights to correctly foresee where a certain market is likely to go, to then be able to act on this insight to their benefit. Recognizing this phenomenon, we have made it our goal at EverFX to guide our traders through the process so as to try and get as many as possible out of the majority who underperform, into the minority who are able to make a career out of trading. This is why we work hard to offer our clients all the resources that they need to educate themselves on markets and become the best versions of themselves.
The FX market has a low barrier to entry, which makes it highly accessible to most people. However, it’s important to keep in mind that smaller account holders find themselves at a disadvantage because the less a person is trading with, the easier it is for the market to turn against them and wipe them out. It’s all a matter of limiting the downside and maximizing the upside, which sounds like common sense, but can be tricky to perform in a live trading environment. This is why we recommend to all of our clients, whether beginner, intermediate or advanced, that developing their own money management rules and strictly sticking to them is the best possible way to do well. At EverFX an entry level account can be registered by depositing as little as $250, but regardless of whether you have an entry account or are a VIP, with EverFX you have access to the same low latency execution, competitive prices and great service.
We recommend that clients who are new to markets register an account and spend some time familiarising themselves with our educational content. The best way to begin to trade forex, or any other asset class for that matter, is to learn from those who have come before you. Luckily, today there is a great deal of educational material out there and many experienced traders and analysts to learn from. At EverFX we offer a growing ebook library as well as a great selection of video courses designed to quickly bring our beginners up to speed. The next step is to practice trading on demo. This is important as it gives you a chance to get to grips with the process of trading as well as the trading platform you are using. It also allows you to be able to make mistakes without these costing you anything. Once you have familiarized yourself with the platform and how it works, the next step is to proceed to trading live.
This all depends on how dedicated you are. Many have succeeded in turning their trading hobby into a full-time career but it takes hard work and dedication. You have to develop strategies and strict money management rules. People trade for all sorts of different reasons, but those who make it as professionals all seem to have the same thing in common. They treat it like a business and apply the same energy and discipline to it as they would with their own business. It’s a lifelong journey and there are always new things to learn, this is why the idea of becoming a professional trader is such an exciting prospect to so many people. At EverFX we are committed to guiding our beginners though the process of learning how to trade and helping our more experienced traders become even better and more well-rounded.
There are two different ways to partner with EverFX. You can become an affiliate and receive commissions for referring users to us.
More information on our affiliate program can be found here: https://everfxpartners.com/en/
Alternatively, if you have access to a broader trading network, you can become an EverFX introducer broker and receive rebates on the volumes traded by the members of your network.
More information on our introducer broker program can be found here: https://everfxpartners.com/en/ib/