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Everest Markets

Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?

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Everest Markets – broker review, another kitchen, problems finding user

The broker offers clients a high level of brokerage service. The organization claims that the company is one of the most promising and reliable in this niche. At the same time, it was not possible to find information that the office operates legally.

Status	SCAM
Year of foundation	2011
Affiliate program	No
Regulation and jurisdiction	New Zeland
Website	https://www.everestmarkets.com/
Contacts	+44 20 36 034 054 [email protected] Everest Markets Limited, 20-22 Munroe Street, Napier, 4110, New Zealand

Pros

Low minimum deposit - from $200
24/7 customer support
Demo account available for beginners

Cons

There is no information regarding the founders of the financial project
Limited number of trading accounts
No educational platform for inexperienced traders
Limited number of available methods for depositing and withdrawing funds
Lots of negative comments about working with the service

Trading Platform	MetaTrader4 (MT4) Everest Markets Trading Platform Mobile Platform
Types of accounts	Mini Account Standard Account ECN Account
Currency	USD, EUR
Deposit/withdrawal	Credit cards Visa/Mastercard/Maestro Electronic wallets Cryptocurrency International payment systems WebMoney WireTransfer
Min Deposit	200$
Leverage	1:200
Spread	From 0.6 points (fixed and floating)
Financial Instruments	Cryptocurrency, currency pairs, CFDs on indices, commodities, precious metals, shares of international companies, energy
Order execution	Market Execution
Bonus	No

History of the formation of Everest Markets

The broker’s history begins in 2021, when this project was launched. However, exact information about who exactly it was founded is not provided on the official Everest Markets website, which already raises certain questions regarding the transparency and reliability of the organization. Of course, information about registration in any jurisdiction is described as superficially as possible. There is also no license from regulatory authorities, which automatically reduces the level of reliability of the service.

The goals and mission of the organization are not described on the website, which makes it difficult to understand exactly what tasks the broker set for itself when launching. Typically, reliable brokerages clearly articulate their goals and mission, including providing quality services to their clients, ensuring transparent trading operations, and striving for sustainable development in the financial industry. The authors of the service and the heads of the organization are also announced. It’s quiet here.

Terms of cooperation with Everest Markets

The specific assets available for trading through the broker are not specified in the description. Typically, bookmakers offer a wide range of assets, including currency pairs, stocks, indices, commodities and cryptocurrencies. However, given the lack of detailed information, it is difficult to say exactly what tools were offered to clients.

Information about account types is also not provided. The site mentions that there are different options, but again without any specifics. This allows scammers to easily manipulate traders and adjust the terms of cooperation in a way that is beneficial to the company.

The specifics of the trading terminals available through Everest Markets are not mentioned. Yes, there are references to MetaTrader 4 or MetaTrader 5, but without detail. On the other hand, it doesn’t matter. Because the office operates without a license and cannot bring transactions to the real market.

Financial operations

There are no limits on deposits and withdrawals of funds, minimum and maximum transaction sizes, as well as other restrictions on the official Everest Markets website. Another trick from scammers that allows them to easily manipulate users in the future. After all, if you make a promise, you can personally set conditions with each trader. Thus, preserving for yourself the opportunity to manipulate users.

Specific details of the mechanisms for depositing and withdrawing funds are not given, so to clarify this situation, reviews of ex-traders, of course, come to the rescue. This way you can really understand whether the company is delivering at least some of its promises.

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Expert opinion

Eugene Rudenko

Broker Everest Markets presents a platform that raises serious concerns in terms of reliability and transparency of its activities. Founded in 2021, the broker provides services without registration or license. At the same time, the service describes its perspective for users. The company’s website everestmarkets.com ceased to function less than a year after its launch, leaving behind many negative reviews from deceived customers. The broker’s history is marred by accusations of fraud; among the key problems that traders had to face was the lack of withdrawal of money.

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Everest Markets Reviews

Let’s just say that due to the specific name, it is extremely difficult to find comments on our hero on the Internet. As a result, you may stumble upon reviews and responses about a project that has nothing to do with the service. Regarding the number of reviews about our hero, there are very few of them on the Internet and they are fresh. Therefore, we can confidently talk about a new scam on the domestic market.

Technical support is often rude and does not get in touch after the trader has already replenished his balance.

Withdrawing money is a task with an asterisk. It is almost impossible to submit an application for withdrawal of funds, much less get it approved. All attempts do not lead to any result.

If you fall for manipulation by scammers, we remind you that it is real get your money back. There is a chargeback or more commonly known process as forced transaction cancellation. If you have no experience in this matter, you can always consult with our staff.

Review of Everest Markets or how the company cheats you out of money

If we talk about a divorce scheme, there are basic elements here:

real promises. The company uses attractive but unrealistic promises of high returns and success in Forex trading to attract customers;
absence of risks as such;
problems with withdrawal of funds. Many complaints are related to the fact that the broker creates artificial obstacles to withdrawing funds. This may include unreasonable delays, refusals under various pretexts, or even complete disregard for withdrawal requests;
deleting a profile;
full control of the terminal.

Actually, opening a personal Everest Markets account will entail losses.

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FAQ

How do customer reviews influence Everest Markets on the company's rating?

Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about Everest Markets on the main broker profile page.

How to write a review about cooperation with Everest Markets Online Forex rating?

You must register on the official Forex Rating website. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how toleave a review about the company Everest Markets.