The EverestCM minimum deposit amount required to register a live trading account is ZAR R1600/$100. 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 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 Minimum Deposit Review – 7 Key Point Quick Overview Revealed (2025):
EverestCM minimum deposit- EverestCM Deposit methods
- Step by step guide to depositing the minimum amount
- EverestCM minimum deposit Pros and Cons
- EverestCM Customer Reviews
- Conclusion
- Frequently asked questions
EverestCM minimum deposit
| 🔍 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, the minimum deposit requirement is R1600 ZAR /$100.
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.
Client monies are held in separate accounts at EverestCM, despite the fact that it is an offshore forex company based in Mauritius. Myrtle Ltd, a financial services business regulated by the Mauritius Financial Services Commission, owns the EverestCM brand (FSC).
EverestCM adheres to the highest standards in terms of client money security. As a result, the broker client’s funds are maintained in segregated accounts at tier-1 financial institutions. This means that only the trader has access to the cash, which the broker cannot utilize for any corporate expenses or goals.
EverestCM also follows the client money handling rules and has strong policies and processes in place for account management and operation.
EverestCM Deposit methods
| 📒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
Deposit currencies that are accepted only include EUR, USD, and GBP. EverestCM does not impose any fees while using any of the payment methods, whether for a deposit or withdrawal.
Step by step guide to depositing the minimum amount
In order to fund their trading accounts, traders have the option of transferring funds to one of EverestCM’s separate client accounts. This can be done through the trader’s own bank account if they so choose.
Traders will have access to a personal area where they can choose to make the initial deposit of the required minimum amount once their application for a live trading account has been granted and they have registered for the account.
Step 1 – Log into your personal area
Traders are required to first log in to their personal area
Step 2 – Select the deposit option
Then select the option for deposits, and then adhere to the instructions that are displayed on the screen before they are able to make a deposit into their trading account. Traders are required to double-check that they have selected the appropriate currency for their transaction before they can proceed with making the deposit.
It is imperative that the cash be transferred utilizing the same currency that is connected to the bank account that will be receiving the funds. Traders may be subject to additional expenses for currency conversion in the event that this step is neglected.
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 minimum deposit Pros and Cons
| ✔️ Pros | ❌ Cons |
| Low minimum deposit requirement | Account base currencies are limited |
| No deposit fees charged | Currency conversion fees may apply |
| Reliable payment methods offered |
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
The EverestCM minimum deposit amount required to register a live trading account is ZAR R1600/$100. 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 will have access to a personal area where they can choose to make the initial deposit of the required minimum amount once their application for a live trading account has been granted and they have registered for the account.
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Frequently asked questions
What is the minimum deposit for EverestCM?
R1600 ZAR / $100.
How do I make a deposit and withdrawal with EverestCM?
- Visa
- MasterCard
- UnionPay
- Boletol
- WebPay
- Skrill
- Neteller
- BCP
- Bank Wire Transfer
Does EverestCM charge withdrawal fees?
No. Fees from financial institutions may apply.
How long does it take to make a withdrawal?
All methods of withdrawal will take place within 24 hours.
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