Evertrust Market Scam Exposed | Analysis of Emerging Forex Platforms, Unregulated Risks, and Withdrawal Issues

Conclusion in one sentence

Evertrust Market claims to offer foreign exchange and CFD trading, but it is not regulated. Withdrawal applications often fail and additional fees are required. It is a high-risk fraudulent platform.

1. Platform Overview and Packaging Specifications

• Website : evertrust-market.com

• Business scope : foreign exchange, CFDs, cryptocurrencies, precious metals.

• Marketing highlights :

• "Global compliance, low spreads, high return trading".

• Multiple account types are available, with a minimum deposit of $250.

• It claims "fund isolation protection" and "global customer support", but does not disclose any regulatory information.

Differentiation Points : Similar to Global Prime , Evertrust Market markets itself through "global compliance" and "low spreads," but is completely unregulated and carries high risks.

II. Account and Trading Conditions

III. Supervision and Compliance Verification

• FCA (UK) : No filing found 👉 FCA query

• ASIC (Australia) : No records 👉 ASIC Connect

• CySEC (Cyprus) : No registration 👉 CySEC Directory

• Conclusion : There is absolutely no regulation, and all the "global compliance" and "fund isolation" propaganda are false promises.

4. Personal Experience (Registration – Deposit – Withdrawal)

1. register

• Registration can be completed through email, without KYC process.

• This is significantly different from the mandatory identity authentication required by compliant platforms (such as IC Markets ).

2. Deposit

• Supports bank card and USDT deposits.

• A test deposit of $250 was made, and the arrival time was about 1 hour.

3. trade

• Using WebTrader, the functionality is simple and the market depth cannot be verified.

• There is severe slippage when placing orders, and execution is delayed by 2–3 seconds.

4. Withdraw

• Submitted a withdrawal of $100, but it has not arrived in 72 hours.

• Customer service requires payment of "withdrawal fee + unfreezing fee".

• The withdrawal failed and the funds cannot be retrieved.

Conclusion : The withdrawal process completely exposes its fraudulent nature and the funds cannot be retrieved.

5. Customer Service and Support

• Contact method : Only email and online form are available.

• Response time : Delayed 24–48 hours, vague responses.

• Customer service attitude : Emphasizing that payment is required to unfreeze the account is a typical scam.

6. User Feedback and Public Opinion

• There have been complaints on forex forums (such as Forex Peace Army ) that "withdrawals have not been received and customer service is shirking responsibility."

• Reddit users pointed out that the “platform is similar to other scam sites and fails to deliver on its promises.”

• There was no coverage or positive reviews from any mainstream financial media.

VII. Summary of Risk Signals

• No Regulation : It is not registered with regulatory bodies such as FCA, ASIC, and CySEC, and the risk of fraud is extremely high.

• False promises : The promotion of "global compliance" and "fund security" is completely unverifiable.

• Withdrawal failed : I personally experienced that additional fees were added to the withdrawal and the funds could not be retrieved.

• Low-end technology : Using white label WebTrader, market liquidity cannot be verified.

8. Multi-dimensional risk scoring

• Transparency 2/10 : No company number, no regulatory disclosure.

• Regulatory Compliance 0/10 : Totally unregulated.

• Fund security 0/10 : Withdrawal failed and funds cannot be retrieved.

• Technical Execution 3/10 : White Label WebTrader, execution delays.

• Verifiability 2/10 : Only the domain name is available, lacking substantive information.

Overall rating: 1.4/10 (scam platform, high risk)

IX. Conclusions and Recommendations

Evertrust Market packaged itself through false propaganda, but its lack of supervision and failed withdrawals fully exposed its fraudulent nature.

• New users : Do not deposit.

• Users who have deposited funds : immediately save evidence, apply for a chargeback, and report the case to regulators or the police.

• Alternatives : Give priority to platforms regulated by the FCA , ASIC , and CySEC (such as IC Markets and Pepperstone ).