Is EverestInvest Trustworthy? An Extensive Review of everestinvest.net

There are quite a few criteria to determine a reliable broker, and it’s essential to familiarize yourself with them before delving into the field of asset trading. Some organizations have only been around for a few months but present themselves as experienced and professional participants. To avoid losing your deposit, be sure to read the EverestInvest review. It will help you learn a lot about the world of trading and understand how to distinguish a scammer from a good broker.

Is EverestInvest a Trusted Broker?

The name of this company sounds very ambitious and may initially seem like this platform will help you get rich by trading on the most favorable terms. However, this is not the case. You have probably never heard of this broker because it is neither popular nor trusted among traders.

The website itself does not meet global standards. The outdated design and the most basic layout confirm concerns about the legality of EverestInvest’s activities. Special attention should be paid to the mobile version of the platform, which is clearly unfinished, making trading from a smartphone difficult.

Another red flag is the claim that EverestInvest was recognized as one of the best according to Forex in 2020. There is no information about this online, and it’s impossible to verify the authenticity of this and other awards. Most likely, the administration simply posted a few achievements that never existed in real life. Later, you will learn about the registration date and be further convinced that these assumptions are correct.

The cost of accounts on the platform is unpleasantly surprising. A future trader will need to pay $10,000 to open the most basic account. If you compare the capabilities of an EverestInvest account with those of any other broker, you will see a huge difference. At other brokers, for such a sum, you can get the help of a really good manager and all the necessary information to start trading, whereas here, you won’t even have the opportunity to contact technical support on weekends.

It is worth noting that the lack of proper technical support is common among pseudo-brokers. Scam websites often state that their support service operates five days a week. This is usually done to increase risks and ensure that clients cannot get timely answers to their urgent questions.

The broker boasts numerous awards but says nothing about having a license. The documents state that all disputes with traders will be resolved under UK jurisdiction. However, this broker does not have registration or an FCA license in the UK. Therefore, its services are illegal. A platform without the necessary permits to provide services cannot operate in the global market, which means EverestInvest is a fraudulent organization with nothing in common with legitimate brokers.

Concerned About Withdrawal?

The financial aspect of the cooperation is hidden from clients who have not registered. Depositing $10,000 without knowing how to withdraw the money later is a huge risk. This is why it is essential to choose reliable brokers and avoid starting a relationship with organizations like EverestInvest. The main mistake beginners make is focusing solely on the potential bonuses and promises of a company that are not backed by facts.

How Long Does The Broker Work?

Surprisingly, the platform provides some information about the history. The company claims to have been established in 1996 and has been providing its services ever since. It is very strange that after such a long period, EverestInvest has so few reviews, so it is worth verifying this information using the specialized Whois service. This service allows you to find out the registration date of any domain and compare it with the date provided on the website.

According to the Whois service, the website was created in September 2023. This once again confirms that all the broker’s awards are fake, as is the claimed start date of its operations.

Other Signs of Fraud

❗ The broker assures that all client accounts are protected and segregated from the broker’s funds, claiming they are held in world-renowned banks. However, the specific banks are not named. No reputable bank would cooperate with an unlicensed broker, as no one would want to be responsible for paying money to defrauded traders.

❗ EverestInvest claims that no one will be able to access your personal information provided on the site. However, clients report that after creating an account with EverestInvest, they started receiving regular calls from unknown numbers and their email inboxes were flooded with spam. Once again, the platform does not provide any proof of its security and reliability.

❗ The main page claims that EverestInvest operates worldwide, yet the site does not offer any languages other than English.

EverestInvest Review Conclusions

The EverestInvest website contains almost no truthful information. The broker publishes false achievements and deceives clients in every aspect, even in small details such as the working hours of customer support (one page states it operates 5 days a week, while another states 6). Trusting this company is not advisable.

➕ Easy navigation

➖ False information about awards and achievements

➖ No license

➖ Few positive reviews

FAQ

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