EVO GLOBAL TRADE 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. Website domain: www.evoglobaltrade.com.
The only good thing about EVO GLOBAL TRADE is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Responsive team|Quick verification
Cons: Wait times can be long during peak hours
EVO GLOBAL TRADE has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Real-time alerts|Easy withdrawals|Excellent charting
Cons: Some tools only available on higher tiers
The onboarding at EVO GLOBAL TRADE was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Intuitive for beginners|Customizable dashboard|Economic calendar
Cons: No dark mode on mobile
EVO GLOBAL TRADE locked my account without warning and demanded documents I had already submitted. for just over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Good analytical tools|Market news feed|Two-factor authentication
Cons: Inactivity fee applies after 12 months|Limited cryptocurrency options
I was contacted by EVO GLOBAL TRADE through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I am in a dispute with EVO GLOBAL TRADE over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: No hidden fees|Instant funding|Regular updates|Two-factor authentication
Cons: No dark mode on mobile|Desktop app not available on Linux
Do not use EVO GLOBAL TRADE for anything serious. I used them since the beginning of the 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: Multi-device support|Dividend tracking
Cons: Withdrawal takes 1-2 business days|Desktop app not available on Linux
I wanted to transfer my portfolio from another broker to EVO GLOBAL TRADE. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Great customer service|Tax reports included|Intuitive for beginners|Two-factor authentication
Cons: Mobile app could be improved
EVO GLOBAL TRADE advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: API access|Reliable uptime|Detailed reporting|Multi-currency support
Cons: Mobile app could be improved
EVO GLOBAL TRADE offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Social trading features|Comprehensive tools|Real-time alerts
Cons: Mobile app could be improved