Evolve.Markets Review

Just started using them. I forget how I found them. Was researching alternatives to Oanda, which I've used since 1999 (!). I'm in the northeast USA. Though I think all the reviews except the hilarious one by Kahlid in USA ("really Malaysia!") are all fake spam reviews by evolve.markets, I gotta say, so far so good.

I created my account in seconds (including a live MT4 trading account), zapped some bitcoin their way, and within minutes I'd bought dollar/yen. I made twenty bucks quickly and just as a test, I put in a withdrawal request for the whole amount (my deposit of like $26 worth of bitcoin plus the $20 worth of bitcoin that I'd profited) and lo-and-behold, the bitcoin reached my Jaxx wallet within a very short time!

Maybe around 20 minutes or so? I don't remember, but it was fast.

So ... they seem ok so far. I have no idea if they're crooks & will end up stealing my money or fu*king me over in other ways. We'll see.

I just got sick of using a USA-based broker (Oanda) with their 50:1 leverage and $20 withdrawal fees etc.

I'll update this review if I can as time goes on. Oh, and evolve.markets: please stop spamming fake reviews here. It's very obvious they're not written by Americans! LOL

http://evolve.markets/ is certainly the best forex trading sites I came across. Brilliant support, most importantly they let u trade with Bitcoin!

FPA, please remove my previous review. There was a misunderstanding. It has been corrected. Thanks.


Nov 23, 2017 - 1 Star Evolve Markets are crooks. Very bad brokerage that stop raids their own clients. I woke up this morning on Thanksgiving day only to see my account got wiped out and owing thousands due to a few thousand pip drop on BTCUSD. I've checked other brokerages including Trading View, SimpleFX, GDAX, Fx Choice, etc. and none of them had this MASSIVE price manipulated drop as we see with Evolve Markets. [See attached file].

All these positive reviews I see on Evolve Markets are now void.

There have been no problems from that.
Thank you for improving.
You are my most recommended broker because payment and withdrawal are quick anyway!

Feb 26, 2019 - 3 Stars The withdrawal is smooth.
There is no problem for MT 5 so far.
However, there is a problem with MT4.
The spread is very uneven.
There is a time when it takes about one minute to make a contract until about 10 minutes every hour.
It takes about three minutes to make a contract when it is severe.
It usually fits in around 10 minutes per hour and starts newly in the next hour.
I hope improvement.

https://www.forexpeacearmy.com/community/threads/evolvemarkets-com.48463/#post-332931

Reply by EvolveMarkets submitted Mar 5, 2019 Thank you for review and for the feedback, we really appreciate it. We made improvements to our feed and we expect this behavior will not happen again.

I would like to update my review. I have since contacted their support and they reset my account and positions after the bitcoin fiasco. I made my first withdraw and it was process within 2 hours.

Nov 23, 2017 - 1 Star I decided to sign up with this broker because they accept bitcoin and US clients. However, only after trading with them for 2 days, it seems like they manipulated the price of BTCUSD. At the current time of writing BTCUSD is valued at 8181.2 in a matter of minutes the price on the platform plummeted to 469.578. This plummet caused the equity in my account to be devalued, and thus my positions were stopped out as a result of the price manipulation.

Hi,
this morning, I woke up and checked my trades on the mt4 platform. The price of BTCUSD went from 8072.794 to 471.116.
It whipped out all my demo account. By chance, it was only a demo account!
This morning, the graph shows no drop as if nothing had happened. ;( So I do not thrust them anymore.

The date was: 11/23/2017

Attention SCAM! Account number 16148.
Monitoring https://www.myfxbook.com/members/ProfiZila/mt5-16148/2628048
Put on a withdrawal and 7 days do not withdraw. Answered so on the next day: "most withdrawals are sent within 24 hours however your account has been flagged by the compliance department for further review. We apologize for the inconvenience, we will let you know as soon as the investment is completed."
They're not answering anymore. I will create a topic in the Scam alerts, let's see what to answer. Follow the news.

More. Community discussion of this issue >>

Hadn’t had any issues with this broker until I woke up to a large BTC/USD drop which stopped out all my trades on Thanksgiving because their liquidity provider blew up. Instead of fixing my issues they just deleted my account even though I had also had a lot of trades going in my favour on BTC/USD. Another minor issue this broker is a wide spread on LTC/BTC which didn’t really bother me since spreads on everything else are good. I would have recommended this broker since it was very good for a while but what happened last month changed my mind. Luckily I only lost .1 btc though.

First I want to say deposits and withdrawals were fast. No problem there. Customer service is five stars no problem there. Fees, pretty good as good or better than BitMex. BTC price feed, huge problem there. You cannot scalp the one minute chart with the existing price feed. Impossible. One minute candles last 3 minutes. Price freezes, candles lag behind price so you can't get in or even know what's happening. I used Binance price feed which is the most stable to try to mitigate the issue but the candles don't move for minutes at a time. I have video's comparing the two. I only traded for about a week and a half and then gave up. This happens every day all day. Too bad, everything else is great. If they fix it to a level comparable to Binance's price feed I would come back np.

New but still good broker so far. Registeration is easy and fast. Great that they focus only cryptocoins.