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United Kingdom|2-5 years|
Retail Forex License|White label MT5|Medium potential risk|Offshore Regulated|


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AtriaFinancial-Production MT5
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+971 800-012-0048
Atriafinancial Ltd, S.I.P . Building, P.O Box 3010, Rue Pasteur, Port Vila Vanuatu


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Broker Information


Company Name

Atriafinancial Holdings LTD



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United Kingdom

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WikiFX Risk Alerts 2
Previous Detection : 2024-07-18
  • The South AfricaFSCA regulation (license number: 36060) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The Vanuatu VFSC regulation with license number: 17910 is an offshore regulation. Please be aware of the risk!

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Evest · WikiFX Survey

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Evest · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Evest Review Summary in 10 Points
Founded 2021
Registered Country/Region United Kingdom
Regulation VFSC (offshore regulatory), FSCA (suspicious clone)
Market Instruments currency pairs, commodities, stocks, indices and cryptocurrencies
Demo Account Available
Leverage 1:400
EUR/USD Spread From 2 pips (Silver)
Trading Platforms Mobile trading, Web Trader, MetaTrader5 and Trading APP
Minimum deposit $50
Customer Support Live chat, phone, email, online messaging

What is Evest?

Evest, a trading name of Atriafinancial Holdings LTD, is an unregulated forex and CFD broker registered in the United Kingdom that claims to provide its clients with a wide range of tradable financial instruments on the Mobile, Web Trader, MT5 and trading APP trading platforms.

Evest's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Evest provides a diverse selection of financial instruments, offers various account types to cater to different trading needs, and supports multiple trading platforms. Additionally, Evest provides educational resources for traders through its trading academy, news, and blog.

However, there are some concerns associated with Evest. The offshore regulatory license raises questions about investor protection, and there are suspicions regarding a cloned license from the Financial Sector Conduct Authority (FSCA). Reports of scams linked to the broker further raise caution.

Pros Cons
• Wide range of asset classes • No valid regulation
• Provides demo accounts and Islamic accounts for specific trading preferences • Reports of scam associated with the broker
• 0% commission on stock trading • Clients from United States, Canada, Russian Federation, Israel, Palestine and EU countries are excluded
• MT5 available • Limited trading tools
• Rich educational resources • Inactivity fee charged after a certain period of account inactivity

Evest Alternative Brokers

    There are many alternative brokers to Evest depending on the specific needs and preferences of the trader. Some popular options include:

    • FX Broadnet - has no transaction fees and is selected as No 1 in fx service transaction cost satisfaction in August 2018.

    • Interstellar FX - a CFD forex broker that offers full support for all familiar payment gateways and fast withdrawal within 2 working hours.

    • LIGHT FX - offers the MetaTrader 4 platform, a narrow EUR/USD spread, and lower commission fees, making it a favorable choice for traders seeking competitive trading conditions and cost-efficient trading.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Evest Safe or Scam?

Based on the information available, there are a few concerns regarding the regulatory status of Evest. Their Vanuatu Financial Services Commission (VFSC, License No. 17910) license being offshore raises questions about the level of regulatory oversight and investor protection offered by the company. Additionally, the claim about the Financial Sector Conduct Authority (FSCA, License No. 36060) license being a suspicious clone is worrisome.

Regulatory oversight is an important factor to consider when evaluating the safety of a broker. Regulated brokers are typically subject to certain rules and regulations that are designed to protect investors' interests and ensure fair trading practices. If a broker is unregulated or holds licenses from offshore regulators with questionable reputations, it may increase the risks for investors.

However, it's worth noting that the safety of a broker involves multiple aspects, not just the regulatory status. While Evest claims to keep clients' funds in top-tier banks and protect personal information through SSL encryption, it's challenging to independently verify these claims without further information.

Activating Two Factor Authentication (2FA) can be a good security measure, as it adds an extra layer of protection to your account. However, the presence of 2FA alone does not guarantee the overall safety and legitimacy of a broker.

In conclusion, based on the available information and the concerns raised, it would be prudent to approach Evest with caution. It's essential to conduct thorough research, consider multiple factors, and, if possible, seek advice from financial professionals before engaging with any broker or investing your funds.

Market Instruments

Evest offers a wide range of market instruments, providing investors with access to a diverse selection of financial opportunities. With over 550 financial instruments available, including currency pairs, global shares, indices, cryptocurrencies, Evest's investment basket (EIBS), and commodities, clients have the flexibility to diversify their portfolios and explore various investment avenues.

Currency pairs allow traders to participate in the foreign exchange market, taking advantage of fluctuations in exchange rates between different currencies. Global shares provide access to stocks from major international markets, enabling investors to capitalize on the performance of renowned companies across various industries. Indices represent a basket of stocks that track the overall performance of a specific market or sector. Investing in indices allows individuals to gain exposure to broader market movements and potentially benefit from market trends.

Market Instruments

Cryptocurrencies have gained significant popularity in recent years, and Evest's offering includes a selection of these digital assets. This allows investors to participate in the cryptocurrency market and potentially benefit from price movements in popular cryptocurrencies like Bitcoin, Ethereum, and others.

Evest's investment basket (EIBS) provides a diversified investment option by combining multiple assets into a single investment vehicle. This can be attractive to investors seeking exposure to a range of financial instruments without the need for individual trades.

Lastly, commodities offer an alternative investment class, including precious metals like gold and silver, energy resources such as oil and natural gas, and agricultural products like wheat and corn. Investing in commodities can serve as a hedge against inflation and provide opportunities for portfolio diversification.

With Evest's extensive offering of market instruments across international financial markets, investors have the potential to explore various investment strategies, diversify their portfolios, and take advantage of opportunities in different asset classes. However, it's important to carefully consider the risks associated with each instrument and conduct thorough research before making investment decisions.


Evest provides a range of live trading accounts tailored to meet the needs of different investors. The four account types available are Silver, Gold, Platinum, and Diamond. The Silver account has a minimum deposit requirement of $250, making it accessible to traders with smaller capital. As traders progress and are ready to invest more, they can choose the Gold account with a minimum deposit of $5,000, the Platinum account with a minimum deposit of $20,000, or the Diamond account with a minimum deposit of $50,000. These higher-tier accounts offer enhanced features, benefits, and potentially more favorable trading conditions.

Account Types

In addition to the live trading accounts, Evest also offers demo accounts for individuals who want to practice and familiarize themselves with the platform. The demo accounts come with a free balance of $25,000, allowing traders to simulate real market conditions without risking their own funds. This feature can be particularly beneficial for beginners or those looking to test their trading strategies before committing real money.

demo account

Furthermore, Evest caters to traders who adhere to Islamic principles by offering Islamic accounts, also known as swap-free accounts. These accounts are designed to comply with Shariah law, which prohibits earning or paying interest. Islamic accounts eliminate overnight swap fees on positions held for longer durations, making them suitable for traders seeking halal trading options.

Islamic account

Overall, Evest's range of live trading accounts, demo accounts, and Islamic accounts caters to a diverse range of traders with varying capital levels, experience levels, and specific trading requirements. It's important for individuals to carefully review the features, terms, and conditions associated with each account type to determine the most suitable option for their trading goals and preferences.


Evest offers a maximum leverage of up to 1:400 to its traders. Leverage is a tool that enables traders to amplify their trading positions by borrowing funds from the broker. With a leverage ratio of 1:400, traders can control a larger position in the market with a smaller initial capital requirement. This increased leverage can potentially enhance profit potential, as even small price movements can result in significant gains.

However, it's important to note that while leverage can amplify profits, it can also magnify losses. Higher leverage carries a higher risk, as traders are exposed to larger potential losses if the market moves against their positions. Therefore, it is crucial for traders to exercise caution, implement proper risk management strategies, and carefully consider their risk tolerance when utilizing leverage. Evest's provision of high leverage allows traders to access greater trading opportunities, but it's essential to use it responsibly and with a thorough understanding of its implications.

Spreads & Commissions

Evest employs a floating spread model for all its trading accounts, meaning that the spreads can vary depending on market conditions. The spreads offered by Evest are scaled according to the different account types available. For instance, the Silver account has a starting spread of 3 pips, while the Gold account offers a lower spread starting from 2.2 pips. The Platinum account further reduces the spread to 1.8 pips. The Diamond account offers customized spreads, which may vary based on individual preferences and trading volumes.

Specifically, the EUR/USD spread starts from 2 pips for the Silver account, 1.4 pips for the Gold account, 0.9 pips for the Platinum account, 0.5 pips for the Diamond account, 2 pips for the Islamic account and 0.9 pips for the Islamic Pro account.


It's worth noting that Evest does not charge any commissions on stock trading. This means that traders can engage in stock trading without incurring additional fees beyond the spread.

Spreads and commissions are important considerations for traders, as they directly impact trading costs and potential profitability. While Evest provides information on the starting spreads for different account types and the absence of commissions on stock trading, it's crucial for traders to carefully review the complete fee structure and trading conditions provided by the broker. This will ensure a comprehensive understanding of the costs involved and allow traders to make informed decisions based on their individual trading strategies and preferences.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread (pips) Commission (per lot)
Evest 2 (Silver) $0 (Stock)
FX Broadnet 1.8 $7
Interstellar FX 1.6 $10
LIGHT FX 1.5 $5

Please note that the information provided is for illustrative purposes and may not reflect the most up-to-date rates. Spreads and commissions can vary based on market conditions and the type of trading account offered by each broker. It's always recommended to verify the latest rates and conditions directly with the respective brokers before making any trading decisions.

Trading Platforms

Evest offers a variety of trading platforms to cater to the diverse needs and preferences of traders. One of the options available is Mobile trading, allowing traders to access the markets and manage their accounts conveniently through their mobile devices. The mobile trading platform enables traders to monitor real-time market data, place trades, manage positions, and access essential trading tools while on the go, providing flexibility and accessibility.

Another option is the Web Trader platform, which offers a browser-based trading interface accessible from any web browser. This platform eliminates the need for downloading and installing additional software, making it convenient for traders who prefer a web-based trading experience. The Web Trader platform typically provides a user-friendly interface, advanced charting capabilities, order management tools, and real-time market analysis.

Evest also supports the popular MetaTrader5 (MT5) platform, a widely recognized and trusted trading platform in the industry. MT5 offers a comprehensive suite of trading tools, advanced charting features, multiple order types, and a wide range of technical indicators and expert advisors. The platform is known for its flexibility, allowing traders to customize their trading environment and implement automated trading strategies.

In addition to these platforms, Evest provides a dedicated Trading App, specifically designed for mobile devices. The Trading App offers a seamless and optimized trading experience, allowing traders to stay connected to the markets and execute trades with ease. The app typically provides a user-friendly interface, real-time market data, advanced charting tools, and account management features.

With Evest's range of trading platforms, traders have the flexibility to choose the platform that best suits their trading style, preferences, and device compatibility. It's important to evaluate the features, functionality, and user experience of each platform to ensure it aligns with your trading needs and goals.


Overall, Evest's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platforms
Evest Mobile trading, Web Trader, MetaTrader 5
FX Broadnet MT4, cTrader, WebTrader
Interstellar FX MetaTrader 4, WebTrader
LIGHT FX MetaTrader 4, WebTrader

Trading Calculators

Evest provides a range of trading calculators designed to assist traders in making informed decisions and effectively managing their trades. One of the calculators offered is the Pivot Calculator, which helps traders identify key levels of support and resistance in the market. By inputting relevant price data, the Pivot Calculator calculates pivot points, along with associated support and resistance levels, providing traders with valuable information for identifying potential entry and exit points.

The Position Size Calculator offered by Evest is a useful tool for determining the appropriate position size based on risk management parameters. Traders can input their desired risk percentage, account balance, stop loss level, and currency pair being traded, and the calculator will calculate the optimal position size. This helps traders manage risk effectively and maintain consistent position sizing across different trades.

Pivot Calculator & Position Size Calculator

Additionally, Evest offers a Fibonacci Calculator, which assists traders in applying Fibonacci retracement and extension levels to identify potential price levels of interest. By inputting the high and low points on a price chart, the calculator generates key Fibonacci levels, aiding traders in identifying potential areas of support and resistance or determining potential price targets.

Fibonacci Calculator

These trading calculators provided by Evest can be valuable tools for traders, helping them analyze market dynamics, determine appropriate position sizes, and identify potential price levels for making informed trading decisions. However, it's important for traders to use these calculators as aids and complement them with comprehensive market analysis and trading strategies.

Deposits & Withdrawals

Evest offers a wide range of deposit and withdrawal options, as indicated by the logos displayed on their website. Traders can choose from methods such as Wire Transfer, American Express, Visa, MasterCard, Maestro, Visa Electron, Skrill, and Neteller.

Deposits & Withdrawals

The minimum initial amount is said to be $50 while opening an account requires a minimum deposit amount of $250. The broker does not charge any fees for deposits, which can be advantageous for traders. However, there is a withdrawal fee of $5, with a minimum withdrawal amount of $25.

Evest minimum deposit vs other brokers

Evest Most other
Minimum Deposit $50 $100

Evest Money Withdrawal

To withdraw funds from your Evest account, you need to follow these steps:

Step 1: Click on the Withdrawal Funds.

Step 2: Enter the amount to withdraw (in USD).

Step 3: Complete the electronic withdrawal form as required.

Step 4: Click “Submit”.

It's important to note that withdrawal requests may take up to 7 business days to process, and the actual time it takes to receive the funds may vary depending on the payment provider involved. Generally, traders can expect the funds to appear in their accounts within 14 business days. It's advisable to familiarize oneself with the specific terms and conditions regarding deposits and withdrawals on Evest's official website and to consult with the broker directly for any additional information or clarifications.



In addition to the withdrawal fee, Evest imposes certain other fees that traders should be aware of. One of these fees is the conversion fee, which is set at 2% for currency conversions. This fee may be applied when depositing or withdrawing funds in a currency different from the account's base currency. It's important to consider this fee when making transactions involving different currencies.

Furthermore, Evest implements an inactivity fee for accounts that remain inactive for an extended period. After the end of the second month of inactivity, the broker charges an inactivity fee of $75. However, it's worth noting that starting from the end of the third month, the inactivity fee is lowered to $50. To cover the inactivity fees, open positions may be closed, so it's crucial for traders to monitor their account activity to avoid unnecessary charges.


Understanding and considering the various fees charged by a broker is essential for managing trading costs effectively. Traders should carefully review the fee structure provided by Evest, including any potential changes or updates, and consider these fees as part of their overall trading strategy. It's also advisable to contact Evest directly or refer to their official website for the most accurate and up-to-date information regarding their fees and charges.

See the fee comparison table below:

Broker Deposit Fee Withdrawal Fee Inactivity Fee
Evest No deposit fee $5 (min withdrawal amount $25) $75 after 2 months, lowered to $50 after 3 months
FX Broadnet No deposit fee $10 No inactivity fee
Interstellar FX No deposit fee $5 No inactivity fee
LIGHT FX No deposit fee $5 $50 after 2 months, lowered to $25 after 3 months

It's important to note that fees and conditions may change over time, so it's always recommended to check with the respective brokers for the most up-to-date and accurate information regarding fees and policies.

Customer Service

Evest provides multiple channels for customer support, ensuring that traders can easily get in touch and receive assistance when needed. The broker offers live chat support, allowing for real-time communication with their support team directly on their website. This enables traders to quickly address any inquiries or concerns they may have.

In addition to live chat, Evest offers phone support, allowing traders to speak directly with a customer service representative for more personalized assistance. The availability of WhatsApp messaging further adds convenience for traders who prefer communicating through this popular messaging platform.

Customer Service

For non-urgent inquiries or detailed explanations, traders can reach out to Evest via email or send messages online. This provides a written record of communication and allows for more in-depth discussions or requests.

online messaging

Evest also recognizes the importance of self-service support and provides a comprehensive FAQ section on their website. This resource addresses common questions and provides helpful information on various topics, such as account management, trading platforms, and funding options.


Furthermore, Evest maintains a presence on several social networks, including Twitter, Facebook, Instagram, and YouTube. By following the broker on these platforms, traders can stay updated on the latest news, market insights, educational content, and any announcements or promotions from Evest.

Overall, Evest offers a range of customer service options, ensuring accessibility and prompt assistance for traders. The availability of live chat, phone support, WhatsApp, email, and online messaging, along with a comprehensive FAQ section and active social media presence, demonstrates their commitment to providing responsive and informative customer support.

Pros Cons
• Multiple customer support channels • No 24/7 customer support
• Comprehensive FAQ section for self-service support
• Active presence on social media platforms

Note: These pros and cons are subjective and may vary depending on the individual's experience with Evest's customer service.

User Exposure on WikiFX

On our website, you can see that some a report of scam. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX


Evest provides a comprehensive education section, offering traders access to a variety of educational resources to enhance their trading knowledge and skills. The trading academy is a valuable resource that offers educational materials in the form of articles, tutorials, videos, and interactive courses. These resources cover a wide range of topics, including fundamental and technical analysis, trading strategies, risk management, and market psychology. The trading academy aims to cater to traders of all experience levels, from beginners seeking to learn the basics of trading to advanced traders looking to refine their strategies.

In addition to the trading academy, Evest provides trading news and updates to keep traders informed about the latest market developments, economic events, and financial news that may impact the markets. Staying updated with relevant news can be essential for making informed trading decisions and adjusting strategies accordingly.

Evest's trading blog further complements the educational offerings by providing insightful articles, market analysis, and expert opinions. The blog covers a range of topics related to trading, investment, and market trends, offering valuable insights and perspectives for traders to consider in their trading activities.


By providing these educational resources, Evest aims to empower traders with the knowledge and skills needed to navigate the financial markets effectively. The combination of a comprehensive trading academy, trading news updates, and a trading blog demonstrates their commitment to supporting traders in their continuous learning and growth as market participants.


Evest offers a range of financial instruments across international markets and provides various account types to accommodate different trading needs. The availability of Two-Factor Authentication (2FA) and their commitment to data security through SSL encryption are positive aspects for traders concerned about account protection. The broker also offers educational resources through their trading academy, news updates, and a trading blog, which can be valuable for traders looking to enhance their knowledge and skills.

However, there are certain concerns to consider. Evest's regulatory status is a point of caution, with an offshore license from the Vanuatu Financial Services Commission (VFSC) and suspicions surrounding a cloned license from the Financial Sector Conduct Authority (FSCA). Reports of scams associated with the broker raise further alarm, indicating the need for thorough due diligence. Additionally, traders should be aware of the inactivity fee charged after a period of account inactivity and carefully review the fees and conversion rates associated with withdrawals.

In conclusion, while Evest offers a range of trading opportunities and security features, the concerns surrounding regulatory status and reported scams warrant careful consideration. Traders should conduct extensive research, seek independent reviews, and exercise caution when dealing with Evest or any other broker.

Frequently Asked Questions (FAQs)

Q 1: Is Evest regulated?
A 1: No. Evest Vanuatu Financial Services Commission (VFSC, License No. 17910) license is offshore regulatory, and Financial Sector Conduct Authority (FSCA, License No. 36060) license is a suspicious clone.
Q 2: At Evest, are there any regional restrictions for traders?
A 2: Yes. The information on their site is not intended for residents/citizens of the United States, Canada, Russian Federation, Israel, Palestine and EU countries, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Q 3: Does Evest offer demo accounts?
A 3: Yes.
Q 4: Does Evest offer the industry leading MT4 & MT5?
A 4: Yes. It supports MT5.
Q 5: What is the minimum deposit for Evest?
A 5: The minimum initial amount is said to be $50 while opening an account requires a minimum deposit amount of $250.
Q 6: Is Evest a good broker for beginners?
A 6: No. It is not a good choice for beginners. Though it advertises well, it is unregulated and their trading condition is not competitive.

User Reviews

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A scam and fraud platform. Please warn against it at a high level. Please do not let anyone enter with them because they are all scammers from the beginning to the end, from the youngest to the oldest. I personally had more than 245 thousand dollars stolen from me in a month. Be careful. Be careful. Fake names of professionals in fraud, and I have a lot of evidence for that... I hope everyone sees my comment. Anyone who has a comment other than this one will be considered part of the team that followed them.
2024-06-19 23:33
more than one year
I would like to share my experience with a fraudulent brokerage company. it is important to be cautious.
2024-03-14 19:34
more than one year
Good broker, well regulated! Love trading there
2023-12-19 15:44
worest company ever, they push you to deposit and deposit and once you ask to claim your money troubles happen, the account manager whenever finds me out of all the loss was keeping advices that makes you loose all your money. 3 account managers and the end loss of 100k$ take care please
2023-11-20 03:46
more than one year
It's ridiculous that this broker doesn't even have a legitimate regulation license, Vanuatu Financial Services Commission (VFSC) is offshore while another license they claim to hold- Financial Sector Conduct Authority (FSCA) is suspected to be a suspicious clone.
2022-11-24 15:49
more than one year
This platform is a complete scam, their account managers are just so incompetent, Their regulation cannot be regarded as valid regulation, not trustworthy at all… They stopped my withdrawal requests, saying my withdrawals didn’t qualify their regulation… I have nowhere to turn to, my $1,000 is still kept on their platform.
2022-11-24 11:10
more than one year
evest is a great platform! As a forex trading platform, first of all, it is safe, which is very important, after all, we must stay away from such fraudulent companies. Secondly, the trading conditions are good, we know that the perfect broker does not exist, and we must find the one that suits us best. Lastly, customer service is great too! They can help you in your native language.
2022-11-21 09:47


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