CoinEvo Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-05 11:44

Abstract：Founded in 2024, CoinEvo is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading on forex, stocks and commodities with leverage up to 1:300 and spread from 0.1 pips via a web-based trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is $250.

　　Note: CoinEvo's official website: https://coinevo.pro/ is currently inaccessible normally.

CoinEvo Review Summary
Founded	2024
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Forex, stocks, commodities
Demo Account	✅
Leverage	Up to 1:300
EUR/USD Spread	From 0.1 pips
Trading Platform	Web
Min Deposit	$250
Customer Support	Email: support@coinevo.pro

CoinEvo Information

　　Founded in 2024, CoinEvo is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading on forex, stocks and commodities with leverage up to 1:300 and spread from 0.1 pips via a web-based trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is $250.

Pros and Cons

Pros	Cons
Demo accounts	Inaccessible website
Multiple account types	No regulation
Flexible leverage ratios	Limited tradable assets
Popular payment options	Dormant fee charged
	No MT4/MT5 platform
	High minimum deposit requirement
	Withdrawal fee charged
	Only email support

Is CoinEvo Legit?

　　No. CoinEvo currently has no valid regulations. Please be aware of the risk!

What Can I Trade on CoinEvo?

Tradable Instruments	Supported
Forex	✔
Stocks	✔
Commodities	✔
Indices	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Here are three account types CoinEvo offers:

Account Type	Min Deposit
CENTAcc	$250
PROAcc	$2,500
PRO+Acc	$25,000

Leverage

Account Type	Max Leverage
CENTAcc	1:100
PROAcc	1:200
PRO+Acc	1:300

　　The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

CoinEvo Fees

Account Type	Spread
CENTAcc	From 0.1 pips
PROAcc	From 0.1 pips
PRO+Acc	From 1.3 pips

　　CoinEvo also charges a 10% per month dormant fee if the client did not login and traded from the account within six months.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web-based Platform	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　The broker accepts payments via bank transfer, credit cards and eWallets.

Payment Option	Min Withdrawal	TransactionFee	Processing Fee
Wire transfers	250 USD/GBP/EUR	50 USD/GBP/EUR	/
Credit cards	100 USD/GBP/EUR	25 USD/GBP/EUR	10 USD/7 EUR/5 GBP
ePayments	100 USD/GBP/EUR	25 USD/GBP/EUR	/

　　A levy of 10% of the withdrawal amount will be charged to any withdrawal from an account that has not executed more than 200 in turnover and/or from accounts that have not been verified.