Evolve Markets Review

Website: https://evolve.markets/

Founded: 2016

Country: St. Vincent and the Grenadines

US Clients: Yes

Owner: Evolve Markets Ltd

Bitcoin Trading: Yes

 

Introduction

Evolve Markets is a privately owned IBC in Saint Vincent and the Grenadines and registered under the ownership of Evolve Markets Ltd. The trading platform offers forex, commodities, indices, and crypto-trading instruments to its users.

Evolve Markets aims to connect independent traders to the potential of global financial assets, while using advanced payment protocols like Bitcoin.

Some of the most traded financial instruments at Evolve Markets include BTCUSD, EURUSD, USDJPY, OILUSD, SPX500, ETHBTC, ETHUSD, and many others.

 

Evolve Markets Website

The Evolve Markets’ website is a striking combination of different shades of blue and white. It contains all the information that anybody would want to know about the company and the website glides seamlessly.

 

What sets it apart from the competition?

Evolve Markets serves the best of both centralized and decentralized worlds effortlessly, on an easy to navigate platform. It is a great way for the people interested in trading to try out the global trading using cheaper transaction tools as collateral.

Moreover, for traditional traders the Bitcoin-based service offered by Evolve Markets is a steal deal when compared to what they end up paying only as commissions (4-30%) to withdraw and deposit their money at traditional exchanges.

Trading Platform

Evolve Market has already earned a name for itself as one of the most trusted brokerage firms and is based on a platform which is considered the finest among the  forex and stock traders around the globe. MetaTrader4 has sophisticated enough features to enable its users to enjoy a flexible, and interactive trading environment.

Evolve Markets’ MetaTrader 4 Client Terminal is native to Windows, but can be used on Mac or Linux with the help of Wine. Mobile versions for smartphones and tablets are available for Google Android from the Play Store as well as Apple iOS from the App Store.

 

Account Types

Evolve Markets sticks to the theme of ‘easy to navigate’ even with the types of accounts offered. The broker only offers two kinds of accounts: Classic and Pro. The features are as listed below:

Classic Pro
Institutional Grade STP Spreads Forex Spreads from 0 Pips
Zero Commission on All Assets Zero Commission on Crypto and CFDs
Bitcoin BIT Account Base Currency Bitcoin BIT Account Base Currency
500:1 Leverage on Forex 500:1 Leverage on Forex
5:1 Leverage on Crypto 5:1 Leverage on Crypto
MetaTrader4 Desktop, Web and Mobile MetaTrader4 Desktop, Web and Mobile
Scalping Allowed Scalping Allowed
EAs Allowed EAs Allowed
Hedging Allowed Hedging Allowed
Negative Balance Protection Negative Balance Protection
Instant Account Approval Instant Account Approval
Deposit on 1 Blockchain Approval Deposit on 1 Blockchain Approval
10,000 BIT/lot on FX and Commodities

 

The simple features offered by the trading platform are user friendly. Traders are even allowed to switch between Classic and Pro. Moreover, there is no minimum deposit to have these accounts, which is definitely a positive.

 

Something for the Novices

Evolve Markets also offers demo accounts so that new traders can practice safely without risking any actual money. They offer both Classic and Pro accounts on the demo platform. The demo account uses identical live price feeds and commission pricing as live accounts however trades execute differently because demo trades are not sent to the real market.

Moreover, the demo accounts at Evolve Market do not expire. Users may delete or create new demo accounts at any time using their Secure Client Area.

Also there is no minimum deposit requirement even with live accounts, making trading accessible to everyone.

 

Privacy Security

Evolve Markets takes its clients’ security concerns extremely seriously. The company doesn’t require any personal identification. You can trade without giving away any personal details.

 

100% Cold Storage

Evolve Markets has gone the cold storage way. As hackers mainly target hot wallets, this claim to use cold storage by Evolve Markets may come as a respite for many anxious Bitcoin users.

Therefore, Evolve Market’s private keys are not exposed to the internet which protects them from any possible hack attack. Moreover, each withdrawal request is manually reviewed by the broker to make sure the correct dispatch of the bitcons to their respective destinations.

 

Two Factor Authentication

One of the most important security features at Evolve Market other than cold storage wallets is the two – factor authentication (2FA). Evolve Market has enabled the famous two-factor authentication (2FA) protocol, a process that puts an additional security layer on the top of login process. As Evolve Markets relies on MetaTrader 4 platform, traders can use 2FA by using MetaTrader 4 Password or Google Authenticator.

 

Conclusion

In conclusion, Evolve Market is the platform for the traders who want to play it safe and smart. At Evolve Markets, even the passwords you use are stored in encrypted form. Therefore, irretrievable even for them.1