About Evergreen Prime Capital
Company Overview
Evergreen Prime Capital is a forex and contracts for differences (CFD) broker registered in Saint Lucia. The company was established on June 26, 2023, and is based at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. The broker markets itself as a platform for trading over 250 markets and 23+ currencies, with a claimed offering of 2,250+ instruments.
As a relatively new entity, the broker has limited operational history. Its registration in Saint Lucia places it outside the jurisdiction of major financial regulators, which is a factor that traders should carefully consider.
Regulatory Status
As of the time of this review, Evergreen Prime Capital does not hold a license from any recognized financial regulatory authority. The broker is not registered with major regulators such as the FCA, CySEC, ASIC, or others. This unregulated status means that traders do not benefit from deposit protection schemes or independent dispute resolution mechanisms.
The absence of regulatory oversight is a significant risk factor. Traders should exercise extreme caution and assess whether the lack of supervision aligns with their risk tolerance and investment goals.
Account Types and Leverage
Evergreen Prime Capital offers multiple account types to cater to different trading styles. These include Standard, Pro, Micro, and ECN accounts, as well as a Cent Account and a Standard 2 PIP Account. All accounts feature a maximum leverage of 1:500. The broker advertises minimum spreads starting from 0.0 pips, though minimum deposit requirements are not specified on the website.
The variety of account types suggests the broker aims to accommodate both novice and experienced traders. However, the lack of deposit information may require potential clients to contact the broker directly for full account conditions.
Trading Instruments
The broker claims to provide access to a wide range of asset classes, including forex pairs, indices, stocks, bonds, commodities, and cryptocurrencies. With over 2,250 instruments reportedly available, traders have a broad selection. However, the specific list of instruments and contract specifications are not fully detailed on the website.
This extensive instrument offering is a notable feature, but the absence of a detailed product library means traders must verify availability through the broker’s trading platform or customer support.
Copy Trading and Tools
Evergreen Prime Capital offers a copy trading feature, enabling clients to automatically mirror the trades of chosen strategy providers. This can be useful for less experienced traders or those seeking passive investment. The website also includes a currency converter tool.
Information about trading platforms (such as MetaTrader 4/5 or proprietary software) is not provided. This lack of platform details may be a concern for traders who prefer specific charting and analysis environments.
Risk Considerations
Given its unregulated status and recent establishment, Evergreen Prime Capital carries a high level of risk. The FXCanary Scam Risk Score of 75/100 (Severe) reflects concerns about the broker's reliability and customer protection. Traders are advised to thoroughly research and consider the potential for fund loss before engaging with this broker.
Without regulatory oversight, there is no formal avenue for dispute resolution or compensation if issues arise. This reality underscores the importance of due diligence for any trader evaluating this broker.
Overview compiled by FXCanary from regulatory records and public data. full Evergreen Prime Capital review