EVMARKETS

EVMarket is a retail forex and CFD broker registered in Russia in April 2019. The broker operates through the domain evmarkets.net and targets traders seeking high leverage options.

As a relatively new entrant in the industry, EVMarket positions itself as a provider of flexible trading conditions with multiple account tiers. The broker's corporate registration in Russia suggests a focus on the Eastern European and CIS markets.

According to official records, EVMarket does not hold any recognized financial regulatory licence. This means traders are not covered by investor protection schemes or compensation funds that regulated brokers typically offer.

The absence of regulatory oversight is a significant factor for risk assessment. The FXCanary Scam Risk Score of 51 out of 100 indicates an elevated level of risk, underscoring the need for caution when considering this broker.

EVMarket offers three main account types: Standard, VIP, and ECN, each with varying minimum deposit requirements and leverage limits. The Standard account requires a minimum deposit of $500 and offers a maximum leverage of 400:1, making it accessible to retail traders with moderate capital.

The VIP account has a higher minimum deposit of $5,000 but retains the 400:1 leverage, catering to more experienced or well-funded traders. For professional and institutional clients, the ECN account demands a substantial $50,000 minimum deposit and offers a lower maximum leverage of 200:1.

All account types provide high leverage, with the Standard and VIP accounts offering up to 400:1, which can amplify both gains and losses. The ECN account features tighter spreads typical of direct market access but requires significant capital.

The broker does not publicly disclose details on trading platforms, instruments, or execution models in the available records. Traders should seek further information directly from the broker's website to understand the trading environment.

EVMarket appears to cater to traders who are comfortable with high risk and seek maximum leverage. The low entry point for the Standard account may attract retail traders, while the VIP and ECN accounts target more affluent or professional traders.

However, the lack of regulation makes this broker unsuitable for risk-averse traders or those who prioritize investor protection. The elevated risk score suggests that only very experienced traders with a high risk tolerance should consider engaging with EVMarket.