Platform Name: Evolve Markets
Platform URL: https://evolve.markets/
Company: Evolve Markets Ltd
Address: Cedar Hill Crest, Villa Kingstown VC0100
Location: St. Vincent & the Grenadines
Supported Instruments: Cryptocurrencies, Forex, Indices, Commodities,
Evolve Markets is a leading cryptocurrency-based CFD trading platform that allows the crypto community members to trade across a wide range of assets. It is a crypto deposit only trading platform with a variety of trading instruments in cryptocurrency, forex, indices, and commodities market. The platform has been around since 2016, catering to a significantly large online trading population.
Evolve Markets has received a lot of updates in recent times to make it more user-friendly for efficient trades. The latest updates include a new website and web-based trading platform Evolve Webtrader, to expand on the previously offered MetaTrader 4 and 5 trading platforms.
Evolve Markets offers one of the best trading experiences in the industry by implementing some of the well-known and most widely used trading solutions. The platform recently released the new Evolve Webtrader for direct and instant online access to the trading accounts. On the Evolve Webtrader, users can not only execute traders but also manage their accounts, its settings, etc., from a browser on any device. The Evolve Webtrader integrates with TradingView charts, providing traders with valuable utilities in the form of more than 10 chart types, intelligent drawing tools, over 80 advanced indicators, etc., which can be used to analyze market trends to place profitable trades. The Webtrader interface can be customized to meet an individual’s needs.
Apart from the latest Evolve Webtrader platform, any available markets on Evolve can also be accessed through MetaTrader 5 trading terminal, a professional, secure, and reliable trading software that offers exceptional multi-asset trading experience along with advanced tools and features. MetaTrader 5 is the successor of forex traders’ favorite MetaTrader 4, with significant upgrades to make it more versatile and suitable for all kinds of trades. Incidentally, Evolve Markets users can also opt to trade on MetaTrader 4 software.
On MetaTrader 5, traders can open up to 100 charts simultaneously in 21 timeframes to monitor all the instruments of interest, use 80 built-in technical indicators and analytical objects to create a wholesome trading strategy capable of reaping profits.
Users can choose to trade on Evolve Markets either over Evolve Webtrader through any browser, or Desktop, Mobile and web versions of MT4 and MT5 platforms, across multiple devices through a single account. Evolve Markets also offers a demo account to its users to explore the platform and various trading features without having to risk their capital.
The Evolve Markets trading platform allows users to trade on global markets using cryptocurrency. They can trade some of the top instruments round the clock while enjoying anywhere between 1:10 and 1:1000 leverage.
Evolve Markets lists 12 cryptocurrency pairs, over 50 forex pairs, and 9 metal and energy commodity pairs along with 10 of the most popular global market indices. The platform has some of the lowest commission rates in the segment ranging from 0.0035% for forex, commodities, and indices to 0.075% for cryptocurrencies.
Creating an account on Evolve Markets is an easy process. The platform doesn’t ask the users to furnish any private information and all one needs is an email id to sign up and start using the product. Once the account is created, they can deposit funds into it either using Bitcoin or Litecoin and start trading.
As soon as a user signs up on Evolve Markets, they get access to a demo account with 50 BTC as test currency which can be used to practice trading in real-time.
Deposits and Withdrawals
Evolve Markets supports only cryptocurrency deposits and withdrawals. Users can make transactions to and from the platform either in Bitcoin or Litecoin. There is no minimum deposit or additional fees for deposits and withdrawals. However, Evolve Markets has a minimum withdrawal limit which is currently set at 0.005 BTC and 0.005 LTC.
Evolve Markets believes in offering the best expert support to its clients, for which it has set up a dedicated team who are always there to address any issues or concerns one might have about the platform. The support team can be reached through the platform’s support box, and they will answer queries or resolve issues in less than 24 hours.
The platform also has a Support center with FAQ and responses listed on the website to further optimize the customer support process. Users can check if the issue they are facing is already listed in the FAQs. If available, they will be able to get a solution for their issue right away instead of contacting customer support and waiting for their response.
For starters, Evolve Markets only collects minimal legally required personal data from users and the processing of that data is kept as unobtrusive as possible. With implemented encryption and other security measures, they ensure that all data remains private and secure. Further, it has taken all the steps necessary to ensure the safety of users’ funds. All the crypto funds deposited on the platform are stored directly in cold storage, and the private keys are never exposed to any machine that is connected to the internet. To prevent unauthorized transactions or any other suspicious activity, Evolve Markets doesn’t completely automate its withdrawal systems. The platform implements what it calls is the human-in-the-loop procedure where a team constantly monitors the systems and all withdrawal requests are checked and processed manually to guarantee the utmost security of clients’ funds. It also implements two-factor authentication to provide an additional layer of security to the users’ accounts.
Evolve Markets is a feature-rich trading platform that has been around for a while. It receives constant updates to meet the changing needs of the community. While the platform is not a regulated entity, the trading experience it offers is on par with any of the large regulated entities. Some of the added benefits of its unregulated nature are privacy and easy and convenient access to high leverage trading, which would otherwise be missing due to compliance requirements. It is a platform worth trying, and those who do will probably find it convenient and end up using it.