Overall, EverestCM offers competitive fees and spreads. Spreads typically start from 0.0 pips on the Raw Spread Trading Account and 1.6 pips on the Classic Trading Account. EverestCM does not charge deposit fees or withdrawal fees Commission-free trading depends on the account traders select.
EverestCM at a glance
| 🔍 Broker's name | EverestCM |
| 🏛 Headquarters | Port Louis, Mauritius |
| 📅 Year founded | 2020 |
| 🏛 Regulating Authorities | FSC |
| 🌐 Countries not accepted for trade | USA, Seychelles, Mauritius, North Korea, Iran, Japan, Belgium, and Canada |
| 📒 Demo account | Yes |
| ☪️️ Islamic account | Yes |
| 📒 Institutional account | Yes |
| 💻 Managed accounts | Yes |
| 📊 Maximum leverage | 1:500 |
| 💳 Minimum deposit | ZAR R1600 / $100 |
| ➕ Deposit options | Visa, MasterCard, UnionPay, Boletol, WebPay, Skrill, Neteller, BCP, Bank Wire Transfer |
| ➖ Withdrawal options | Visa, MasterCard, UnionPay, Boletol, WebPay, Skrill, Neteller, BCP, Bank Wire Transfer |
| 📊 Tradeable assets offered | Forex, indices, stocks, energies, precious metals, and cryptocurrencies. |
| 💬 Languages supported on website | Chinese, English, Indonesian, Malay, Portuguese, Spanish |
| 💬 Customer support languages | Chinese, English, Indonesian, Malay, Portuguese, Spanish |
| 💻 Platforms provided | MetaTrader4, and MetaTrader5 |
| 📲 OS Compatibility | Desktop, PC, Mac, Web, iOS, and Android devices |
| ☎️ Customer service hours | 24/5 |
| 👉 Open a account | Click Here |
Overall Rating
4/5
Rated #590 of
Recommended FX Brokers
Minimum Deposit R1600 ZAR / $100
Regulators FSC
-MT4 and MT5
Yes
📈 Total Pairs
250+
Islamic Account Yes
Trading Fees Low
24 Hours
EverestCM Fees and Spreads Review – 9 Key Point Quick Overview Revealed (2025):
EverestCM fees and spreads- EverestCM deposit and withdrawal fees
- EverestCM Additional Trading Fees
- EverestCM Broker Fees
- EverestCM Market instruments
- EverestCM fees and spreads Pros and Cons
- EverestCM Customer Reviews
- Conclusion
- Frequently asked questions
EverestCM does not charge deposit fees or withdrawal fees and will cover all bank processing charges. Currency conversion fees are applicable if the wrong currency is used.
EverestCM fees and spreads
| 🔍 Account features | 🥇 Raw Spread Trading Account | 🥈 Classic Trading Account |
| 💰 Minimum deposit | R1600 ZAR / $100 | R1600 ZAR / $100 |
| 💻 Platforms provided | MT4 and MT5 | MT4 and MT5 |
| 📊 Commission charges | R56 ZAR / $3.50 per lot | Zero commission charges |
| ⚖️ Leverage | 1:500 | 1:500 |
| ☪️️ Islamic account | Yes | Yes |
| 📒 Spreads | Starting from 0.0 pips | Starting from 1.6 pips |
| 💬 Margin call | 100% | 100% |
| 🛑 Stop out | 30% | 30% |
EverestCM offers two kinds of live account types namely a Raw Spread Trading Account and a Classic Trading Account. It is offered to individuals and for joint accounts as well as for corporate trading accounts.
EverestCM Raw Spread Trading Account
| 💻 Trading platform | MT4 and MT5 |
| 💳 Minimum deposit | R1600 ZAR / $100 |
| 💰 Commission | R56 ZAR / $3.50 per lot |
| 📊 Leverage | 1:500 |
| 📈 Spreads | starting from 0.0 pips |
| ➕ Margin call | 100% |
| ➖ Stop out | 30% |
| ☪️ Swap-free account | Yes |
On this account type, the minimum deposit requirement is R1600 ZAR /$100 with a choice between the MT4 and MT5 platforms. Leverage goes up to 1:500 and raw spreads start at 0.0 pips. Margin Ball is 100% with stop out 30%. The commission is charged at R56 ZAR / $3.50 per lot. A demo account is available to practice the features of this account on and this account type can also be converted into an Islamic swap-free account
EverestCM Classic Trading Account
| 💻 Trading platform | MT4 and MT5 |
| 💳 Minimum deposit | R1600 ZAR / $100 |
| 💰 Commission | Zero |
| 📊 Leverage | 1:500 |
| 📈 Spreads | starting from 1.6 pips |
| ➕ Margin call | 100% |
| ➖ Stop out | 30% |
| ☪️ Swap-free account | Yes |
The minimum deposit requirement for this classic account is also R1600 ZAR / $100 and both the MT4 and MT5 can be used to trade. Maximum leverage is 1:500 and spreads start from 1.6 pips. A margin call is 100% with a stop-out of 30%. There are no commission charges on this account type and it can also be converted into an Islamic Swap Free account. Beginner traders can opt for a demo account to practice with.
Trading Fees
One of the first fees that traders will encounter concerns a minimum deposit fee which is paid after the trader has completed account registration, and with EverestCM a minimum deposit of only $ 100 is required. EverestCM charges a spread starting from 0.0 pips on the Raw Spreads Trading Account and 1.5 pips on the Classic Trading Account. There are zero commission charges on the Classic Trading Account, however, the Raw Spread Trading Account charges a $3.50 per lot commission.
Non-trading fees
Where non-trading fees are considered, traders must consider fees relating to account inactivity, deposit and withdrawal fees, account management and maintenance fees, currency conversion fees, and others.
There are no fees charged on deposits or withdrawals but a currency conversion fee will be applicable if the wrong currency is used.
EverestCM deposit and withdrawal fees
| 📒Payment method | ➕ Deposit option | ➖ Withdrawal option |
| 💳 Visa | ✅ Yes | ✅ Yes |
| 💳 MasterCard | ✅ Yes | ✅ Yes |
| 💳 UnionPay | ✅ Yes | ✅ Yes |
| 💳 Boletol | ✅ Yes | ✅ Yes |
| 💳 WebPay | ✅ Yes | ✅ Yes |
| 💳 Skrill | ✅ Yes | ✅ Yes |
| 💳 Neteller | ✅ Yes | ✅ Yes |
| 💳 BCP | ✅ Yes | ✅ Yes |
| 💳 Bank Wire Transfer | ✅ Yes | ✅ Yes |
EverestCM makes provision for the following payment methods which can be used for deposits and withdrawals namely
Visa
MasterCard
UnionPay
Boletol
WebPay
Skrill
Neteller
BCP
Bank Wire Transfer
EverestCM Additional Trading Fees
EverestCM does not offer spread betting and thus spread betting fees do not apply. EverestCM also makes provision for an Islamic Account for Muslim traders who follow the Sharia Law and are thus are prohibited from earning or paying interest where the holding of open positions is concerned.
EverestCM Broker Fees
EverestCM does not charge deposit fees or withdrawal fees and will cover all bank processing charges. Currency conversion fees are applicable if the wrong currency is used.
Traders also need to ensure that they verify additional charges which may be waived by their financial institution. In addition, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
EverestCM Market instruments
| 📊 Tradeable assets | ➕ Available |
| 📈 Forex | ✅ Yes |
| 📈 Indices | ✅ Yes |
| 📈 Stocks | ✅ Yes |
| 📈 Energies | ✅ Yes |
| 📈 Precious metals | ✅ Yes |
| 📈 Cryptocurrencies | ✅ Yes |
EverstCM makes the following assets available
Forex
Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodities
As with currency exchange markets, commodity markets offer trading in contract-based tradable goods.
Indices
Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is actual stock market indexes that measure the value of a specific section of a stock market.
Precious metals
This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.
Energy
The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice.
Cryptocurrencies
Bitcoin (BTC) is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap.
Litecoin (LTC) is like Bitcoin but differs in terms of scalability.
Ethereum (ETH) is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform.
Ripple (RPL) is popular among big banks with the Ripple network a next-generation real-time gross settlement system.
Bitcoin Cash (BCH) was created as an updated version of the blockchain with different rules.
EverestCM makes provision for the following tradable financial instruments: forex, indices, stocks, energies, precious metals, and cryptocurrencies.
Overall Rating
4/5
Rated #590 of
Recommended FX Brokers
Minimum Deposit R1600 ZAR / $100
Regulators FSC
-MT4 and MT5
Yes
📈 Total Pairs
250+
Islamic Account Yes
Trading Fees Low
24 Hours
EverestCM fees and spreads Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive trading conditions | Spreads are not the tightest |
| Islamic Account/Swap-free provided for Muslim traders | |
| Zero commissions are charged on the Classic Trading Account | |
| No deposit fees or withdrawal fees charged |
EverestCM Customer Reviews
I am glad the withdrawal time is so…
I am glad the withdrawal time is so quick and, even more importantly, the withdrawal exchange rate is so high compared to the others. I am happy that the transaction costs are low and there is no spread. It is a great platform for beginners and experienced traders alike.
My Memorable experience with EverestCM
Being new to trading, this has been the finest experience thus far with timely and comprehensive responses to clients’ concerns and excellent overall assistance.
Thank you so much to the customer service team.
Newbie in Trading
As a newbie in trading, I suggest this broker! Speacially for scalpers, because of the low spreads, cheap costs and quick execution, particularly in the terms of withdrawals. Hopefully, EverestCM will continue to enhance facilities in the future so that it becomes the top broker. Thank you very much for your assistance. I like how it feels like I am growing as a trader as this broker is growing! Very nice experience
Conclusion
EverestCM does not charge deposit fees or withdrawal fees and will cover all bank processing charges. Currency conversion fees are applicable if the wrong currency is used. Spreads typically start from 0.0 pips on the Raw Spread Trading Account and 1.6 pips on the Classic Trading Account.
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Frequently asked questions
How many instruments can I trade with EverestCM?
You can trade the following instruments namely, forex, indices, stocks, energies, precious metals, and cryptocurrencies.
Which platforms are supported by EverestCM?
MetaTrader4 and MetaTrader5.
Does EverestCM offer leverage?
Yes. Leverage of up to 1: 500.
What spreads can I expect with EverestCM?
Spreads typically start from 0.0 pips on the Raw Spread Trading Account and 1.6 pips on the Classic Trading Account.
Does EverestCM charge commission?
There are no commission charges on the Classic Account, however, on the Raw Spread Trading Account, the commission charges are R56 ZAR / $3.50 per lot.
Is EverestCM regulated?
Yes. EverestCM is regulated by the Mauritius FSC.
Is EverestCM a recommended forex trading broker for experts and beginners?
Yes. EverestCM caters to both beginners and expert traders.
What is the overall rating out of 10 for EverestCM?
8/10.
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