COVEST-FX vs Modmount
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick COVEST-FX leads on safety — winning 2 of 3
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
56
✓50
Verdict
Elevated
Elevated
Regulatedⓘ
Yes
Yes
Licenses
✓2
1
Tier-1 regulatorsⓘ
0
0
Trustpilot score
—
2.1
Reviews collected
—
324
Exit riskⓘ lower = safer
—
Guarded
Known clonesⓘ
✓0
1
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
—
Max leverage
—
1:400
Min spread (best acct)
—
—
Commission
—
—
Cost grade
—
—
Account types
0
✓5
Best for
Suits
Traders comfortable with offshore regulation, Users of MT4/MT5 platforms, Those seeking a newly established broker
—
Not for
Traders requiring strong regulatory oversight, Investors seeking long track record, Those needing transparent fee disclosures
risk-averse traders, traders seeking regulated brokers, traders requiring reliable withdrawals
Products & Funding
Instruments
—
--
Deposit methods
—
--
Withdrawal
—
--
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2025-10-21
2022-10-10
Headquarters
🇸🇨 Seychelles
🇸🇨 Seychelles
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.