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EverestsCM logo

EverestsCM Review

Forex BrokerUnknown

EverestCM was a Mauritius linked forex broker that the Mauritius financial regulator publicly warned about in 2023. Its website no longer loads today.

Min Deposit

N/A

Spreads From

Not applicable, its current operating status could not be confirmed as active

Max Leverage

Not applicable

Platforms

N/A

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Offered the widely used MetaTrader style platform for trading
  • Said it supported multiple account currencies including EUR, GBP, and USD
  • Positioned itself as a forex and CFD provider for global clients
  • Its case is now well documented by a regulator and independent reviewers

Cons

  • Named in a Mauritius Financial Services Commission investor alert in 2023
  • Its website no longer loads, suggesting the operation is not running
  • Independent reviewers report withdrawal problems and unmet promises
  • Its regulation claims did not match what the regulator actually confirmed
  • No current way to verify a safe deposit or account opening process
About EverestsCM

EverestCM traded through the website everestcm.com and said it was a trading name of Myrtle Ltd, based in Mauritius. It described itself as a regulated forex and CFD provider serving clients around the world.

On 28 February 2023, the Financial Services Commission of Mauritius issued a public investor alert naming Everestcm1 and Everestcm.com, telling the public to use caution in any dealings with them. Independent review sites later added their own warnings, pointing to withdrawal problems, unverified regulation claims, and other red flags typical of high risk trading schemes.

As of this review, the everestcm.com website could not be reached at all, which suggests the operation is no longer running as it once did. Do not treat any old sign up link, minimum deposit figure, or bonus offer linked to EverestCM as current or safe.

Key Facts

Max Leverage

Not applicable

Spreads From

Not applicable, its current operating status could not be confirmed as active

Frequently Asked Questions

Score Breakdown3.4/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

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