EVOLUX CAPITAL has been flagged by Comisión Nacional del Mercado de Valores 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.
EVOLUX CAPITAL changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Real-time alerts|Excellent charting|Fast deposits
Cons: Wait times can be long during peak hours|Limited demo account features
The onboarding at EVOLUX CAPITAL 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: Dedicated account manager|Fast support response
Cons: Help articles are sometimes vague
After using EVOLUX CAPITAL for a few weeks now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Tax reports included|Copy trading available|Real-time alerts|Quick verification
Cons: Search feature is basic|Desktop app not available on Linux
The reporting at EVOLUX CAPITAL is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Automated trading options|Dedicated account manager|Personal attention
Cons: Some tools only available on higher tiers|Research section could be deeper
After seeing ads for EVOLUX CAPITAL online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Comisión Nacional del Mercado de Valores. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
EVOLUX CAPITAL had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Clear documentation|Regular platform improvements
Cons: Mobile app could be improved|Onboarding videos are outdated
Tried to withdraw my funds from EVOLUX CAPITAL and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized