EverestCM Review

Overall EverestCM can be described as low risk and has an overall rating of 8 out of 10. EverestCM offers a maximum leverage ratio of 1:500 with a minimum deposit amount of $100/R1600 and is regulated by FSC.

EverestCM at a glance

Overall Rating

4/5

Rated #590 of
Recommended FX Brokers

Minimum Deposit

R1600 ZAR / $100

Regulators

FSC

📱 Trading Desk

-MT4 and MT5

₿ Crypto

Yes

📈 Total Pairs

250+

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

EverestCM

Open a Trading Account

EverestCM Review – 16 Key Point Quick Overview Revealed (2025):

1. EverestCM Overview
2. EverestCM Safety and Security
3. EverestCM Sign-up Bonus
4. EverestCM minimum deposit
5. EverestCM account features
6. EverestCM Demo Account Features
7. How to set up a Demo Account – Step by Step
8. EverestCM fees and spreads
9. EverestCM Market instruments
10. EverestCM vs TigerWit vs NSFX – A Comparison
11. EverestCM Current Popularity Trend
12. EverestCM Customer Reviews
13. EverestCM Pros and Cons
14. Conclusion
15. Disclaimer
16. Frequently asked questions

EverestCM is a Forex CFD Provider based in Mauritius. What differentiates the broker from other brokers is that it tries to bridge the gap between the retail trading world and the institutional trading world.

EverestCM found a way to offer the lowest forex and CFSs pricing with the launch of its Raw Spread Trading Account. This account provides the trader with the lowest spreads together with execution technology a deep liquidity pools.

EverestCM Overview

According to research in South Africa, EverestCM is a Forex CFD provider that is based in Port Louis, Mauritius and has been in operation since 2025. EverestCM is a brand affiliated with Myrtle Ltd, a financial services company authorized and regulated by the Mauritius Financial Services Commission (FSC).

Traders can trade a wide range of CFDs with EverestCM, including FX, indices, spot metals, commodities, equities, and cryptocurrencies. The popular MetaTrader4 and MetaTrader5 platforms are used for trading.

A Raw Spread Trading Account and a Classic Trading Account are the two types of live accounts available to traders. For traders who follow the Muslim faith, the broker additionally offers an Islamic Swap Free account. It also offers a demo account with the same features as either of the live trading accounts.

EverestCM does not provide its services to residents of the United States, Seychelles, Mauritius, North Korea, Iran, Japan, Belgium, Canada, or other countries where such investment offerings are prohibited by state regulations.

EverestCM Safety and Security

When traders evaluate brokers, regulation is one of the most crucial components that must be considered. Regulated brokers are required to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured.

Myrtle Ltd, a financial services business regulated by the Mauritius Financial Services Commission (FSC), owns the EverestCM brand.

The broker adheres to the highest standards in terms of client money security. The broker also keeps client funds in segregated accounts. This means that only the trader has access to the cash, which the broker cannot utilize for any corporate expenses or goals.

EverestCM Sign-up Bonus

EverestCM offers a 40% deposit bonus of up to $5000 USD for a limited period.

New traders who register a real account will not receive a sign-up bonus, a deposit bonus, or a welcome bonus, and there are no other promotions and rewards that traders may qualify for when they possess a real account with EverestCM.

Brokers often offer these broker bonuses to new traders to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus assures traders that they will receive some money back depending on the initial deposit made.

EverestCM minimum deposit

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.

Overall Rating

4/5

Rated #590 of
Recommended FX Brokers

Minimum Deposit

R1600 ZAR / $100

Regulators

FSC

📱 Trading Desk

-MT4 and MT5

₿ Crypto

Yes

📈 Total Pairs

250+

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

EverestCM

Open a Trading Account

EverestCM account features

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

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

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.

EverestCM Demo Account Features

The demo account at EverestCM is similar to one of the two live trading accounts. Traders have access to the same functions, features, and options that they normally would on a live trading account.

The only exception is that the demo account is risk-free as traders make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

With EverestCM there is no time limit on the demo account and it will be valid for as long as the traders need it. By using either the MetaTrader4 or MetaTrader5 platforms, traders will have access to the various functions, tools, features, and more, which is offered by these trading platforms.

How to set up a Demo Account – Step by Step

The following 5 steps can be followed to register for and set up a demo account with EverestCM

Step 1 – Go to the official EcerestCM website.

Go to the EverestCM website and click on the link ‘Open Demo Account’ at the top right-hand side of the page.

Step 2 – Fill out the form

Traders will be sent to a page where they will be requested to fill out a form in which they are required to submit their first and last names, date of birth, the country in which they now reside, telephone number, and email address. Additionally, they are required to choose a password.

Overall Rating

4/5

Rated #590 of
Recommended FX Brokers

Minimum Deposit

R1600 ZAR / $100

Regulators

FSC

📱 Trading Desk

-MT4 and MT5

₿ Crypto

Yes

📈 Total Pairs

250+

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

EverestCM

Open a Trading Account

EverestCM fees and spreads

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

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

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 Market instruments

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

📱 Trading Desk

-MT4 and MT5

₿ Crypto

Yes

📈 Total Pairs

250+

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

EverestCM

Open a Trading Account

EverestCM vs TigerWit vs NSFX – A Comparison

EverestCM Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “EverestCM ” is entered into Google’s search engine over a given period of time.

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

Overall Rating

4/5

Rated #590 of
Recommended FX Brokers

Minimum Deposit

R1600 ZAR / $100

Regulators

FSC

📱 Trading Desk

-MT4 and MT5

₿ Crypto

Yes

📈 Total Pairs

250+

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

EverestCM

Open a Trading Account

EverestCM Pros and Cons

Conclusion

EverestCM has built up a positive reputation in its few years of operation. The one aspect that helps the broker stand out from its competitors is its Raw Spread Trading Account. The minimum deposit requirement of only $ 100 on both the live account types is also low.

EverestCM’s ECN trading environment offers secure transactions with immediate execution and order fulfillment, no requotes, and no conflicts of interest. Clients of EverestCM can trade on two platforms, namely MetaTrader4 and MetaTrader5, and they can hedge, scalp, and use automated trading systems.

On the downside, EverestCM is registered in an offshore jurisdiction, and despite the fact that it is the trading platform of Myrtle Ltd, a financial services business regulated by the Mauritius Financial Services Commission (FSC), traders should be wary of using EverestCM as a trading broker.

Disclaimer

EverestCM warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors.

The Client should not engage in any investment directly or indirectly in Financial Instruments unless they know and fully understand and acknowledge the risks involved for each one of the Financial Instruments offered by EverestCM. Therefore, prior to applying for a trading account with EverestCM, EverestCM should consider carefully whether investing in a specific Financial Instrument is suitable for them in the light of their personal circumstances and financial resources.

In case the Client does not fully understand the risks involved, they should seek independent advice or consultation from an independent financial advisor, prior to entering into any transaction with EverestCM. If the Client still is unable to understand the risks involved in trading in Financial Instruments, the Client should not trade at all, according to research in South Africa.

Overall Rating

4/5

Rated #590 of
Recommended FX Brokers

Minimum Deposit

R1600 ZAR / $100

Regulators

FSC

📱 Trading Desk

-MT4 and MT5

₿ Crypto

Yes

📈 Total Pairs

250+

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

EverestCM

Open a Trading Account

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Frequently asked questions

Trading environment

How many instruments can I trade with EverestCM?

You can trade any of the following:

• Forex
• Indices
• Stocks
• Energies
• Precious metals
• Cryptocurrencies

Which platforms are supported by EverestCM?

MetaTrader4 and MetaTrader5.

Does EverestCM offer leverage?

Yes. EverestCM offers 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 or $ 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 offers an ideal environment for both beginners and experts.

What is the overall rating out of 10 for EverestCM?

8/10.

Accounts

What is the difference between a demo and a live trading account?

A demo account is an account funded with virtual money that allows for risk-free trading while a live trading account requires actual capital. With a demo account, traders can safely explore the broker’s offer, practice trading, or test out the trading strategies that they wish to use in a live trading environment.

Does EverestCM offer a demo account?

Yes.

How long is the demo account valid?

Demo accounts can be used for an unlimited time.

Which live trading accounts does EverestCM offer?

EverestCM offers traders a choice between two live account types:

• Raw Spread Trading Account
• Classic Trading Account

What are the available deposit currencies for a live trading account?

USD, EUR, and GBP.

Deposits and withdrawals

What is the minimum deposit for EverestCM?

R1600 ZAR / $ 100.

How do you make a deposit and withdrawal with EverestCM?

You can use any of the following:

• Visa
• MasterCard
• UnionPay
• Boletol
• WebPay
• Skrill
• Neteller
• BCP
• Bank Wire Transfer

Does EverestCM charge withdrawal fees?

No. EverestCM does not charge any withdrawal fees but there may be fees waived by the trader’s bank.

How long does it take to make a withdrawal?

All methods of withdrawal will take place within 24 hours.