Is Everest International Scam or Legit Broker?

No, Everest International Group Ltd broker is Non-Regulated Broker. It is NOT SAFE to trade. while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.

About Everest International Group Ltd
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Everest International Group Ltd safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Everest International?

Everest International Group Ltd offers Forex and CFD trading and claims to be regulated in New Zealand. Their website says that the company is certified and regulated by FSP’s (Financial Service Providers) top financial regulator. Although they don’t mention the name of the regulator, which supposed to be the Financial Markets Authority of New Zealand.

It is clear that the broker has no license to provide financial services in this country. In case of getting the license from New Zealand’s FMA (Financial Markets Authority), the broker needs to have a physical office in New Zealand and minimum net tangible assets of 1 million NZD or 10% of average revenue. It is about $35,000-50,000 for a license depending on its type.

Everest International Review Conclusion

Investment through non-authorized firms involves significant risks of loss of capital, which is the case of Everest International too. For that reason, we advise all investors and traders to avoid Everest Trading Proposal and other brokers from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets.

Everest International Group Ltd Update

Based on our research Everest International Website is inactive. It is unclear whether the broker changes its name and operates another fraud Forex activity or is just gone. As money safety goes first we recommend avoiding any proposals from Everest International and staying alert in case of any proposals. 

No news available.

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