Is EverFX a genuine company?

The FCA said EverFX was banned by the agency in 2021 , along with other similar trading brands.

What is EverFX? EverFX is an online multi-asset brokerage, now known as Axiance, which has operated internationally since 2008. Axiance (formerly EverFX) is a trademark which is owned and used by several entities including ICC Intercertus Capital Limited, Aerarium Limited, and Aurum Capital.

EverFX is a broker that offers trading services in various financial markets, including forex, stocks, indices, commodities, metals, and cryptocurrencies .

How do I know if my broker is legit?

Visit FINRA BrokerCheck or call FINRA at (800) 289-9999 . Or, visit the SEC's Investment Adviser Public Disclosure (IAPD) website. Also, contact your state securities regulator. Check SEC Action Lookup tool for formal actions that the SEC has brought against individuals.

Forex trading itself is a legitimate financial market where traders can profit from currency fluctuations. However, scams and fraudulent schemes exist and prey on unsuspecting individuals. Understanding the realities of forex trading, including market dynamics, risk management, and the role of education, is crucial.

What happened to EverFX?

Effective August 9, 2021, the Company will cease to exist and operating under EverFX . For everyone wishing to continue trading with the Company, they will be able to do that under its new business name Axiance. This is not just a “rebranding”, nor just a change of the “look and feel” of a brand.

What is the new name for EverFX?

Axiance is the trade name used by the Axiance Group of companies formerly operating as EverFX (“Axiance”) and it is owned by an entity of the Axiance Group.

How does an FX broker work?

Most brokers allow customers to trade in other currencies, including those of emerging markets. Using a forex broker, a trader opens a trade by buying a currency pair and closes the trade by selling the same pair . For example, a trader who wants to exchange euros for U.S. dollars buys the EUR/USD pair.

Regulatory Status. Everforex operates as a financial institution without regulated licenses . This means that the company does not fall under the direct supervision or oversight of any specific regulatory authority in the financial industry.

How do you know if an exchange company is legit?

To see if a site is registered, visit fincen.gov/msb- registrant-search . Registration alone won't protect you from fraud, but most scams involve unregistered entities, people, and products.

EverFX Review 2024 - Get refund if scammed by broker (2024)

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Is EverFX a Safe Investment? A Complete EverFX Review 2024

Choosing a brokerage or trading platform is an important choice, particularly with the rise in fraudulent activity including online and forex scams, cryptocurrency scams, investment scams, and romance scams. Our main objective is to protect your interests by offering you information that enables you to avoid any dangers. This comprehensive EverFX review gives you the information you need to make wise decisions in the ever-changing financial market.

EverFX raises red flags as suspicions of being a scam loom large. The website, global.everfx.com, is inaccessible, adding to concerns. Furthermore, an official address is nonexistent, casting doubt on the legitimacy of the operation. Compounding these issues is the lack of regulation; EverFX operates without oversight, amplifying risks for investors. Adding weight to these concerns, the National Securities and Stock Market Commission of Ukraine has blacklisted EverFX. With these combined factors, potential investors are strongly advised to exercise caution and thoroughly research before engaging with EverFX to mitigate the risk of financial loss and potential fraudulent activities.

EverFX Broker Overview

Website: https://global.everfx.com/

Website Availability: No

Official Address: NA

Leading Causes to Report EverFX as a Scam Broker

Unverified Regulatory Status

Significant issues are raised by unregulated brokers that operate outside of the regulatory authority of reputable organizations like the FCA, ASIC, Consob, Finma, and others. Because EverFX’s regulatory claims are unclear, there’s a chance that the company may operate outside of the law. It’s essential to comprehend the dangers involved with giving money to unlicensed groups. It is highly advised to research EverFX in-depth before making any investment decisions.

Lack Of Transparency

Insufficient transparency in business practices is a red flag associated with fraudulent brokers. Transparency is vital for building confidence and trust, particularly in the financial sector. Our comprehensive EverFX review underscores the importance of transparency, urging caution when dealing with brokers lacking this essential quality.

Concerns About Legitimacy

Following a thorough investigation, EverFX presents reasonable doubts about its legitimacy of it. Red flags from our review indicate that handling EverFX should be done with caution. Scams Report provides services to help those who could have been scammed by fraudulent brokers.

Empowering Through Online Investigation

We support in-depth analysis so that people are better equipped to make judgments. Examine scam broker reviews on EverFX and related sites in-depth. A pattern that should raise concerns is shown by persistent complaints. By taking this proactive approach, prospective investors may assess a broker’s dependability before making a financial commitment. Check out the list of scam brokers 2024 to know about similar broker scams.

Save Your Finances- Do not invest your money in EverFX assets

To maintain the value of your investments, only deal with authorized and accredited brokers. As this EverFX review has shown, avoiding unlicensed firms is a smart decision to safeguard your money from potential mismanagement and financial instability.

Preventive Measures Against Scams

In addition to research, implement proactive measures:

Is EverFX a Fraudulent Scheme?

Extensive research reveals legitimate concerns about the legitimacy of EverFX. Exercise caution when dealing with EverFX, considering alternative trustworthy options for generating income that requires diligence and dedication. For a deeper understanding of EverFX’s practices, read our comprehensive review.

Victim of EverFX scam? Contact Scams Report Team:

If you suspect encountering a fraudulent broker like EverFX, Scams Report is here to assist in fund recovery.

Fund recovery: Our team of experts will work tirelessly to help you recover your lost funds. We have a proven track record of success in this area and will do everything we can to get your money back.
Free consultation: We understand that every situation is unique, and that’s why we offer a free consultation to all of our clients. Our team will listen to your story and provide personalized advice on the best action.
Complaints: If you have a complaint about a scam broker, we are here to listen. We will take your complaint seriously and work to get to the bottom of the issue.

Learn more aboutFacebook scams,forex trading scams, cryptocurrency scams,romance scams,social media scams, and various other fraudulent schemes.

Don’t suffer in silence. Contact Scams Report today and let us help you get your life back on track.

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Note: The information provided in the above EverFX review is derived from existing web EverFX reviews. Please be aware that we cannot be held liable for any legal action taken by EverFX company. If you have any inquiries or concerns, kindly reach out to us via email at [emailprotected].

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