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Counterfeit Dealer
CoinEvo
Saint Vincent and the GrenadinesEntry Time 2023-02-14
2023-02-14Input
https://coinevo.pro/
https://coinevo.pro/
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CoinEvo · Company Summary
Note: CoinEvo's official website: https://coinevo.pro/ is currently inaccessible normally.
| CoinEvo Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Forex, stocks, commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:300 |
| EUR/USD Spread | From 0.1 pips |
| Trading Platform | Web |
| Min Deposit | $250 |
| Customer Support | Email: support@coinevo.pro |
CoinEvo Information
Founded in 2024, CoinEvo is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading on forex, stocks and commodities with leverage up to 1:300 and spread from 0.1 pips via a web-based trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is $250.
Pros and Cons
| Pros | Cons |
| Demo accounts | Inaccessible website |
| Multiple account types | No regulation |
| Flexible leverage ratios | Limited tradable assets |
| Popular payment options | Dormant fee charged |
| No MT4/MT5 platform | |
| High minimum deposit requirement | |
| Withdrawal fee charged | |
| Only email support |
Is CoinEvo Legit?
No. CoinEvo currently has no valid regulations. Please be aware of the risk!
What Can I Trade on CoinEvo?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are three account types CoinEvo offers:
| Account Type | Min Deposit |
| CENTAcc | $250 |
| PROAcc | $2,500 |
| PRO+Acc | $25,000 |
Leverage
| Account Type | Max Leverage |
| CENTAcc | 1:100 |
| PROAcc | 1:200 |
| PRO+Acc | 1:300 |
The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
CoinEvo Fees
| Account Type | Spread |
| CENTAcc | From 0.1 pips |
| PROAcc | From 0.1 pips |
| PRO+Acc | From 1.3 pips |
CoinEvo also charges a 10% per month dormant fee if the client did not login and traded from the account within six months.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based Platform | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via bank transfer, credit cards and eWallets.
| Payment Option | Min Withdrawal | TransactionFee | Processing Fee |
| Wire transfers | 250 USD/GBP/EUR | 50 USD/GBP/EUR | / |
| Credit cards | 100 USD/GBP/EUR | 25 USD/GBP/EUR | 10 USD/7 EUR/5 GBP |
| ePayments | 100 USD/GBP/EUR | 25 USD/GBP/EUR | / |
A levy of 10% of the withdrawal amount will be charged to any withdrawal from an account that has not executed more than 200 in turnover and/or from accounts that have not been verified.
