Everesthedge has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform itself is okay, but the customer service at Everesthedge is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Professional team|Low minimum deposit
Cons: Limited social trading features
Do not use Everesthedge for anything serious. I used them for over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Regular updates|Professional team
Cons: Live chat only during business hours|Desktop app not available on Linux
Customer support at Everesthedge seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Competitive fees|Easy to use platform
Cons: Currency conversion fee exists|No dark mode on mobile
I had high hopes for Everesthedge from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Low minimum deposit|Two-factor authentication|Competitive fees
Cons: Nothing significant
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Everesthedge recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Risk management tools|Multi-device support|No hidden fees
Cons: No dark mode on mobile|Account statements could be more detailed