Evolve Markets
- Trust score
- 2/10
- Legal simplicity
- 2/10
- Min. deposit
- 0
- Payment systems
Features
- No minimum deposit
- Scalping allowed
- Affiliate program
- Wide range of trading instruments
Pros
- No meaningful advantages identified.
Cons
- Reported as a scam by traders who wish they had researched it before signing up.
Updated:
Evolve Markets is an offshore forex and CFD broker founded in 2016 and based in Saint Vincent and the Grenadines. It accepts deposits and withdrawals only in cryptocurrency (BTC, LTC, ETH, USDT) and requires no minimum deposit. The broker is not regulated by any major financial authority, and ProForexBrokers rates it 2/10 for trust and legal transparency.
Evolve Markets is a crypto-only forex and CFD broker with no minimum deposit, but a 2/10 trust score and no regulatory oversight.
Evolve Markets is an offshore, crypto-only forex and CFD broker founded in 2016 and headquartered in Saint Vincent and the Grenadines. It accepts and pays out only in cryptocurrency and carries a 2/10 trust score, reflecting its lack of regulatory oversight.
Regulation and safety
Evolve Markets is not licensed by any major financial regulator. As an offshore entity, it operates outside the oversight that protects traders at regulated brokers, which is reflected in its 2/10 trust score.
Security measures
The broker states that client crypto deposits are held in cold storage and that accounts are protected with two-factor authentication.
Leverage options
Evolve Markets offers leverage up to 1:1000 on forex, 1:500 on commodities and indices, and 1:100 on cryptocurrencies.
Trading instruments
The broker lists more than 50 currency pairs alongside cryptocurrency CFDs, including Bitcoin, Ethereum, and Ripple, plus CFDs on metals, energy commodities, and global indices.
Trading platforms
Traders can use the proprietary Evolve Webtrader or MetaTrader 4 and MetaTrader 5, both available as web and mobile apps, with integrated TradingView charting tools.
Deposits, withdrawals, and fees
There is no minimum deposit. Funding and withdrawals are processed only in BTC, LTC, ETH, or USDT, with no withdrawal fee, and transactions are confirmed on the blockchain.
Evolve Markets at a glance
- Founded: 2016
- Headquarters: Saint Vincent and the Grenadines
- Regulation: None
- Trading platforms: Evolve Webtrader, MT4, MT5
- EUR/USD spread: 1 pip
- Demo account: Available
- Minimum deposit: None
- Funding currencies: BTC, LTC, ETH, USDT
- Maximum leverage: 1:1000
- Assets offered: Forex, CFDs, cryptocurrencies
- Withdrawal fee: None
- Support: 24/7
- Additional features: Scalping, automated trading, mobile trading, web terminal, partner account
Final verdict
Evolve Markets stands out for its crypto-only funding model, high leverage, and lack of a minimum deposit. It is not regulated by any major authority, and ProForexBrokers rates it 2/10 for trust, so traders should weigh that risk carefully before depositing funds.
