@Evolutetrading 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.
After seeing ads for @Evolutetrading online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
@Evolutetrading 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: Good analytical tools|Multiple order types|Wide product range|Economic calendar
Cons: Some tools only available on higher tiers
I looked into @Evolutetrading and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
After doing some research AFTER the fact (I know, I should have done this first), I discovered that @Evolutetrading is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
My card was charged twice by @Evolutetrading on the same day. I had to dispute it with my bank. @Evolutetrading then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Multi-device support|Good mobile app|Smooth onboarding
Cons: Charting tools need more indicators
@Evolutetrading locked my account without warning and demanded documents I had already submitted. for about eight months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Smooth onboarding|High security standards|Transparent fees|Dividend tracking
Cons: Charting tools need more indicators|Spreads widen during volatile periods
After doing some research AFTER the fact (I know, I should have done this first), I discovered that @Evolutetrading is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I trusted @Evolutetrading with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: API access|Demo account available
Cons: Slow to add new assets|No phone support on weekends
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. @Evolutetrading said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Dividend tracking|API access|Stable platform|Fast deposits
Cons: Help articles are sometimes vague
The only good thing about @Evolutetrading is that they remind you why regulation matters. I found them after reading several online reviews. 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: Demo account available|Multi-device support|Customizable dashboard|Educational resources
Cons: Withdrawal takes 1-2 business days