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FINANCE WISE GLOBAL SECURITIES PTY LTD

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
Founded2024
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex, stocks, commodities
Demo Account✅
LeverageUp to 1:300
EUR/USD SpreadFrom 0.1 pips
Trading PlatformWeb
Min Deposit$250
Customer SupportEmail: 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.

CoinEvo

Pros and Cons

Pros Cons
Demo accountsInaccessible website
Multiple account typesNo regulation
Flexible leverage ratiosLimited tradable assets
Popular payment optionsDormant 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!

No license

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 TypeMin Deposit
CENTAcc$250
PROAcc$2,500
PRO+Acc$25,000

Leverage

Account TypeMax Leverage
CENTAcc1:100
PROAcc1:200
PRO+Acc1:300

  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 TypeSpread
CENTAccFrom 0.1 pips
PROAccFrom 0.1 pips
PRO+AccFrom 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 PlatformSupported Available Devices Suitable for
Web-based Platform✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Web-based Platform

Deposit and Withdrawal

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

Payment OptionMin Withdrawal TransactionFeeProcessing Fee
Wire transfers250 USD/GBP/EUR50 USD/GBP/EUR/
Credit cards100 USD/GBP/EUR25 USD/GBP/EUR10 USD/7 EUR/5 GBP
ePayments100 USD/GBP/EUR25 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.

Related broker

No Regulation
CoinEvo
Company name:CoinEvo
Score
1.38
Website:https://coinevo.pro/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.38

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