evenforex137x66

Accepts US Clients: No
Min. Deposit: 50$
Leverage: 1:200
Platforms: MetaTrader 4 , Mobile trading , Web Trading
Overall rating: 4.12/5

Broker Overview

Company Information

Broker’s Name EvenForex.com
Website www.evenforex.com
Headquartered in Dominican Republic
Founded in 2013
Regulating Authority
US Clients Accepted  ForexTradingTime.com_ Forex Brokers List & Reviews
Telephone Number 1 646 851 0736
Fax Number
E-mail Address info@evenforex.com

Account Options

Type of Broker ECN
Commission Yes
Mini Account  ForexTradingTime.com_ Forex Brokers List & Reviews
VIP Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Segregated Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Islamic Account (Swap Free)  ForexTradingTime.com_ Forex Brokers List & Reviews
Demo Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Institutional Accounts  ForexTradingTime.com_ Forex Brokers List & Reviews
Managed Accounts  ForexTradingTime.com_ Forex Brokers List & Reviews
Maximum Leverage 1:200
Minimum Deposit 50$
Deposit Options Bank Wire Transfer , Neteller , Skrill , Webmoney , E-Card
Withdrawal Options Bank Wire Transfer , Neteller , Skrill , Webmoney , E-Card

Bonus & Rewards

No Deposit Bonus ForexTradingTime.com_ Forex Brokers List & Reviews
Bonus for First Deposit ForexTradingTime.com_ Forex Brokers List & Reviews
Is the Bonus Based on the Volume of the Transaction? ForexTradingTime.com_ Forex Brokers List & Reviews
Other Bonuses Yes

Trading Platform

Platform Type MetaTrader 4, Mobile trading, Web Trading
Platform Languages English, Multi-lingual
OS Compatibility Mac OS , iOS , Windows , Android
Streaming News Feed  Yes
Trading Signals  No
Automated Trading Yes
Trade From Charts  Yes
Market Commentary  Yes
E-mail Alerts Yes
Mobile Alerts Yes
Scalping Yes
Hedging  Yes
Trailing Stops  Yes
Guaranteed Stop Loss No
Guaranteed Limit Orders No
Guaranteed Fills No
Interest on Margin  No
One-Click Execution  Yes
OCO Orders Yes

Customer Service

Customer Support Languages English, Chinese, Hindi, Korean, Urdu, Tamil
Customer Service Hours 24h
Place Trades Over the Phone?  ForexTradingTime.com_ Forex Brokers List & Reviews

EvenForex - Review

EvenForex.com Review

Established in 2013, EvenForex is a leading forex trading platform that is focused in the Asia Pacific and Central America regions.  The trading platform is owned and managed by a holding company called EvenForex Business Solutions Pvt. Ltd. Their headquarter is located at #8 Copthall, Roseau Valley, 00152, Commonwealth of Dominica, Central America.

This broker is regarded by many traders as one of the best ECN forex brokers around as it really invests in their traders by providing them with ultra-tight spreads, lightning fast execution and plenty of liquidity from their network of liquidity providers.

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Trading Platform

The mainstay of EvenForex’s trading platform is the MetaTrader4 (MT4) trading platform. This platform is extremely powerful and comes with a whole array of advanced trading tools.

It also supports automated trading with add-on trading programs called Expert Advisors (EAs). Apart from the desktop version, the MT4 is also available as a mobile trading app which can be downloaded from Apple’s App Store or Google Play store.

In addition to the MT4 platform, EvenForex has also made available a web based trading platform which doesn’t require any software download or installation. Instead, traders can just trade the markets directly on the web.

And like the MT4 platform, there is also a version that is optimized for mobile devices. Among EvenForex Platforms you can also find the MultiTrade X Platform.

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Account Types

EvenForex has provided 4 different trading accounts for the benefit of their traders.

 

  • Standard Trading Account

$50 Min Deposit

Leverage 1:200

Min Lot Size: 0.01

Commission: $0

Swap Free: No

  • ECN Trading Account

$500 Min Deposit

Leverage 1:100

Min Lot Size: 0.01

Commission: $6

Swap Free: No

  • EvenPro Trading Account

$5000 Min Deposit

Leverage $1:100

Min Lot Size: 0.01

Commission: $0

Swap Free: Optional

  • Master Pro Trading Account

$50,000 Min Deposit

Leverage $1:50

Min Lot Size: 0.01

Commission: $3

Swap Free: Optional

Commission & Spreads

With EvenForex “no dealing desk” execution, traders are assured of ultra-tight spreads. The minimum spreads depend on the type of trading account the trader holds. For standard trading account, the spread starts from 2.5 pips. ECN and ECN Pro accounts enjoy lower spreads starting from 0.9 pip. For Master Pro accounts, the minimum spread starts from 0 pip.

Customer Support

Customer support services at EvenForex are provided through email, live chat and the telephone. To serve their traders better, EvenForex has established branch offices in Belize, Hong Kong, UK and India. Although the live multi-lingual support service is only for the trading week, the sales and technical support is available 24/7.

Pros

  • 24/7 Support
  • Attractive “Trader Run 50” promotion
  • EA friendly broker
  • ECN Broker
  • Efficient Trading Platform
  • Free $10 bonus for opening a standard account
  • Multi-Lingual Support
  • Real time quotes from the industry’s largest liquidity providers.

 

Cons

  • Not regulated within the EU
  • Access to Demo Account require registration
  • Lack of info on trading conditions
  • Incomplete Info on Website

 

Conclusion

Overall, Evenforex seems to be a legitimate forex broker. We like the fact that they are a pure ECN broker and allow the use of expert advisors. Their customer support services seem decent enough and are quite responsive. Their promotional offers are also quite interesting and benefit especially those who want to start trading with as little money as possible.

 

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