Score

1.45 /10
Danger

evest

Vanuatu

2-5 years

Suspicious Regulatory License

High potential risk

B

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Score

Regulatory Index0.00

Business Index6.57

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Atriafinancial LTD

Company Abbreviation

evest

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Sources
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 & Regulation

evest, a trading name of Atriafinancial LTD, is allegedly a financial services company registered in Vanuatu that claims to provide its clients with 500+ financial instruments. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that evest currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.31/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

evest advertises that it offers 500+ financial instruments. However, more specific information about tradable assets cannot be found on the Internet.

Deposit & Withdrawal

From the logos shown at the foot of the home page on evests official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Wire Transfer, American Express, Visa Electron, MasterCard, Visa, Skrill and Neteller.

Deposit & Withdrawal

Bonuses

evest says to offer a 20% Initial deposit bonus. In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.

Customer Support

You can get in touch with evest via email: support@evest.com or via toll-free in the UAE 971-800-0311-1248 or toll-free in Saudi Arabia966-8008-501-019or in Cyprus at357-2209-0134. However, this broker doesnt disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
• Multiple trading instruments and payment methods offered • No regulation
• Information on asset classes, account types, leverage, spreads & commissions, trading platforms and minimum initials deposit amount is not specified

Frequently Asked Questions (FAQs)

Q 1: Is evest regulated?
A 1: No. It has been verified that evest currently has no valid regulation.
Q 2: Is evest a good broker for beginners?
A 2: No. evest is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of specific information on trading conditions.

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User comment

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Comments

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Genterli
more than one year
Even with a credit card promising full reimbursement for losses, they shut down our account within 48 hours, leaving us with a 50% loss. Total scam! Don't go near them!!
Even with a credit card promising full reimbursement for losses, they shut down our account within 48 hours, leaving us with a 50% loss. Total scam! Don't go near them!!
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2024-02-29 16:44
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