What Account Types and Fees Does Evest Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Silver Account |
Beginners |
Low minimum deposit, access to major trading instruments |
Suitable for those starting with limited capital |
| Gold Account |
Intermediate traders |
Enhanced features, lower spreads |
Requires a minimum deposit of $5,000 |
| Platinum Account |
Experienced traders |
Higher leverage, tighter spreads |
Minimum deposit of $20,000 |
| Diamond Account |
Professional traders |
Best trading conditions, premium support |
Requires a minimum deposit of $50,000 |
| Demo Account |
All trader levels |
Practice trading without risk |
Available for all users |
| Islamic Account |
Muslim traders |
Swap-free trading |
Must comply with Sharia law |
Account Opening Process
To open an account with Evest, follow these steps: 1. Provide personal information, including your name, email, and phone number. 2. Submit employment details, including your occupation and income level. 3. Fill out financial information, such as trading experience and investment goals. 4. Complete identity verification by uploading a government-issued ID and proof of address. The process is straightforward, ensuring a smooth onboarding experience. Additionally, Evest offers flexibility to upgrade your account type later, allowing traders to access more advanced trading features as their experience grows.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/JPY) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads for minors |
| CFDs (Stocks) |
1.5 |
$0 |
No additional fees |
| CFDs (Indices) |
1.0 |
$0 |
Standard spreads on indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
When trading with Evest, you should consider several additional costs: – Deposit fees: None – Withdrawal fees: $5 per transaction, with a minimum withdrawal amount of $25 – Inactivity fees: $75 after two months of inactivity – Platform usage fees: None – Overnight interest (swap rates): Applicable based on market conditions – Currency conversion fees: 2% on converted amounts
