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IndexEvolve Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-26 18:46

Abstract:IndexEvolve was registered in 2023 in Bahamas, mainly offering trading services on stocks and CFDs. It uses MT4 and its own web-based trading platform. The minimum deposit is $250, and the leverage can be up to 1:1000, which is rather high. Moreover, it is not regulated, and potential risks are high.

  Note: IndexEvolve's official website - https://indexevolve.com/ is currently inaccessible normally.

IndexEvolveReview Summary
Founded2023
Registered Country/RegionBahamas
RegulationNo regulation
Market InstrumentsStocks, CFDs
Demo Account/
LeverageUp to 1:1000
Spread/
Trading PlatformMT4, Web Trader
Min Deposit$250
Customer SupportEmail: support@indexevolve.com
Address: 3 Avlonos Street Maria House Nicosia, 1012, Cyprus

  IndexEvolve was registered in 2023 in Bahamas, mainly offering trading services on stocks and CFDs. It uses MT4 and its own web-based trading platform. The minimum deposit is $250, and the leverage can be up to 1:1000, which is rather high. Moreover, it is not regulated, and potential risks are high.

IndexEvolve's homepage

Pros and Cons

Pros Cons
MT4 supportedInaccessible website
Lack of regulation
High minimum deposit
Limited payment options
Only email support

Is IndexEvolve Legit?

  IndexEvolve is not regulated. What's more, the Securities Commission of the Bahamas (“the Commission”)(SCB)and the Financial Services Commission, Mauritius (FSC) issued warning notices about this company. Please be aware of the potential risks!

SCB Warning
FSC warning
Domain information

What Can I Trade on IndexEvolve?

  IndexEvolve mainly provides trading services on stocks and CFDs.

Tradable Instruments Supported
CFDs✔
Stocks✔
Bonds❌
Options❌
ETFs❌

Leverage

  The leverage of IndexEvolve is rather high, which can be up to 1:1000. Careful considerations are recommended, because high leverage is likely to bring high risks.

Trading Platform

  IndexEvolve uses MT4 and its own web-based trading platform.

Trading PlatformSupported Available Devices Suitable for
Web Trader✔Web/
MT4✔Web, desktop, mobileBeginners
MT5❌/Experienced traders
MT4

Deposit and Withdrawal

  The payment options include VISA, MasterCard, Gohype, PayTechno, bitcoins, and bank wire transfers. However, VISA and MasterCard cannot be used, and traders can only pay through bitcoins and other remaining options. Moreover, other details, such as the processing time and fees, are not clear.

Related broker

No Regulation
IndexEvolve
Company name:Evolve Invest Limited
Score
1.49
Website:https://indexevolve.com/index.html
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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