Evolution Brokers Review 2020

Evolution Brokers Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.

Evolution Brokers Guide

Evolution Brokers are an online broker founded in 2008 offering Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading.

Evolution Brokers are a global broker and have a head office in Belize.

Evolution Brokers have a listed stock symbol. This means that Evolution Brokers have publically listed and you can officially buy shares in Evolution Brokers on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Evolution Brokers we break down the pros and cons. What Evolution Brokers are able to offer, what countries Evolution Brokers are available in. Who Evolution Brokers are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Evolution Brokers

Open Evolution Brokers's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Evolution Brokers

With this review we hope to help you see if Evolution Brokers is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Evolution Brokers that will help you get off to a good start in the world of online trading.

Evolution Brokers Review Table of Contents

Evolution Brokers what you should know

Evolution Brokers offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

With Evolution Brokers you will need a minimum deposit of $300. You can sign up for a demo account to acquaint yourself with Evolution Brokers platform.

Evolution Brokers are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Evolution Brokers safe?

When choosing a broker like Evolution Brokers the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years Evolution Brokers have a head office in Belize.

Evolution Brokers is regulated. This means Evolution Brokers are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Evolution Brokers, this will be honored. If Evolution Brokers violate any regulatory rules their regulated status could be stripped.

Any payments funded to Evolution Brokers accounts by traders are held in a segregated bank account.

For added security Evolution Brokers use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Evolution Brokers. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Evolution Brokers

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker evolutionbrokers eToro XTB Trading212
Year Established 2008 2006 2002 2006
Head Office Belize Cyprus, UK Poland UK
Regulation Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 250,000+ 14,000,000+
Negative balance protection No Yes Yes
Guaranteed Stop Loss No No Yes
Learn More Visit Evolution Brokers Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Evolution Brokers Pros and Cons

What we like about Evolution Brokers

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $300

What we don't like about Evolution Brokers

Evolution Brokers Financial Regulation and Supervision in more detail

We have checked and Evolution Brokers is regulated and supervised by reputable organisations. You are able to check every Evolution Brokers supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Evolution Brokers. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Evolution Brokers traders and provide a safe trading environment.

Evolution Brokers is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Evolution Brokers you should be sure they're legitimate online agent.

Evolution Brokers General Fees

  • Evolution Brokers withdrawal fees varies on payment method
  • Evolution Brokers does charge inactivity fees
  • Evolution Brokers does charge deposit fees
Broker evolutionbrokers eToro XTB Trading212
Min Deposit 300 200 0 1
Withdrawl Fees 1$ Yes varies No
Inactivity Fees Yes No No
Deposit Fees No No No
CFD Commission Fees No Yes No

Evolution Brokers Commissions

  • Evolution Brokers does charge commission on CFD instruments.

What can you trade with Evolution Brokers?

You can trade a wide variety of instruments with Evolution Brokers over 94 instruments infact.

If you are looking at trading currency pairs Evolution Brokers offer over currency pairs.

Compare Evolution Brokers with eToro and XTB below.

Your capital is at risk

Broker evolutionbrokers eToro XTB Trading212
Instruments Available 94 100 1,500 3000
Platforms WEB,Desktop,iPhone,Mac Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit Evolution Brokers Visit eToro Visit XTB Visit Trading 212
Forex pairs offered 50 50 177
Major forex pairs Yes Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit Evolution Brokers Visit eToro Visit XTB Visit Trading 212
Commodities Offered 0 0 21 14
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs Visit Evolution Brokers Visit eToro Visit XTB Visit Trading 212
Stocks Offered 957 1696 1731
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes

Trading on Evolution Brokers web platforms and other applications

Evolution Brokers offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

An Evolution Brokers IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Evolution Brokers also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See evolutionbrokers's platforms

Evolution Brokers Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

Evolution Brokers Trading Accounts Offered :

  • Demo account
  • Standard account
  • ECN account
  • STP account
  • Islamic account

Can I try Evolution Brokers before I buy?

Evolution Brokers offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Evolution Brokers withdrawl and funding methods.

Evolution Brokers offer the below funding payment methods. learn more about Evolution Brokers

  • Credit cards
  • Skrill
  • Neteller
  • American Express
Broker evolutionbrokers eToro XTB Trading212
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes Yes No
Neteller Yes Yes Yes No

How can I start trading with Evolution Brokers?

When opening a trading account with Evolution Brokers, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Evolution Brokers trading platforms here.

Performing trades with Evolution Brokers

Evolution Brokers allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Evolution Brokers allow you to execute a maxium trade of varies. As Evolution Brokers offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Evolution Brokers Leverage and Evolution Brokers CFDs Explained

let's take a look at some of the basics of using Evolution Brokers leverage.

Evolution Brokers offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Evolution Brokers leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Evolution Brokers trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Evolution Brokers leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Evolution Brokers CFDs are typically used for short to medium term trades. For example Evolution Brokers intraday trading.

Education resources at Evolution Brokers

To trade effectively with Evolution Brokers, it's important to get a have a good understanding of the Evolution Brokers trading tools and the markets.

Evolution Brokers offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Evolution Brokers.

Take time to look around the Evolution Brokers platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Evolution Brokers

Evolution Brokers support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Evolution Brokers have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Evolution Brokers less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Evolution Brokers

We tested the Evolution Brokers live chat and it works well. We sent messages to Evolution Brokers livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with Evolution Brokers support in multiple languages in multiple countries. Evolution Brokers where able to resolve our customer issues.

Email Support at Evolution Brokers

We sent several emails to Evolution Brokers and answer times overall were excellent. The fastest response from Evolution Brokers was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Evolution Brokers, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Evolution Brokers.

Phone Support at Evolution Brokers

We called Evolution Brokers and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Evolution Brokers phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Evolution Brokers team by calling in varying languages. Evolution Brokers made an effort to make sure our queries were answered.

Overall the phone support from Evolution Brokers was okay.

See how Evolution Brokers Support Compares Against Other Brokers

Broker evolutionbrokers eToro XTB Trading212
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit Evolution Brokers Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Evolution Brokers

As Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Evolution Brokers's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Evolution Brokers you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://evolutionbrokers.com/ on 12th August 2018.

Is Evolution Brokers A Good Broker?

We spent over 3 months examining Evolution Brokers in depth. Although we found some very useful aspects of the Evolution Brokers platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Evolution Brokers broker.

  • Evolution Brokers have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
  • Evolution Brokers has a history of over 12 years.
  • Evolution Brokers has a reasonable sized customer support of at least 10.
  • Evolution Brokers are regulated by Cyprus Securities and Exchange Commission (CySEC). This means Evolution Brokers fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Evolution Brokers have regulation from a Tier 1 reputable country.
  • Evolution Brokers has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Evolution Brokers have an international presence in multiple countries. This includes local Evolution Brokers seminars and training.
  • Evolution Brokers are able to hire people from various locations in the world who can better communicate in your local language.

Evolution Brokers Risk Disclaimer

Your capital is at risk

Evolution Brokers not quite right?

Check out these Evolution Brokers Alternatives

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If you feel some of the above Evolution Brokers are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Evolution Brokers alternatives below.

Related Evolution Brokers Comparisons

If you would like to see how Evolution Brokers stands up against other brokers you can read some of our Evolution Brokers comparisons below. We compare side by side some of our top rated Evolution Brokers versus comparisons. Read some indepth Evolution Brokers VS pages below.

EVOLUTION BROKERS Frequently Asked Questions

Can I try Evolution Brokers before I buy?

Evolution Brokers offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Evolution Brokers accept?

Evolution Brokers offer the following funding payment methods accept Credit cards, Skrill, Neteller, American Express, among other payment methods.
Learn more here

Your capital is at risk

Is Evolution Brokers safe?

Evolution Brokers are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to Evolution Brokers accounts by traders are held in a segregated bank account. For added security Evolution Brokers use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Evolution Brokers trading good?

Evolution Brokers is considered good and reputable to trade with. Evolution BrokersEvolution Brokers is used by over Evolution Brokers active traders. Evolution Brokers offers Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading. Minimum deposit with Evolution Brokers is mindeposit.

Is Evolution Brokers trading Legit?

Evolution Brokers was founded in Belize in 2008. Evolution Brokers has been facilitating trade on the financial markets for over 12 years. Evolution Brokers offers clients Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading. All funds deposited to Evolution Brokers are held in segregated tier 1 bank accounts for security. Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is Evolution Brokers a good broker?

Evolution Brokers is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker.Evolution Brokers allows Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading.

Is Evolution Brokers trustworthy broker?

Evolution Brokers can be considered trustworthy. All money funded to Evolution Brokers is placed into a segregated tier 1 bank account. this means your money in not held by Evolution Brokers directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Evolution Brokers?

The minimum deposit to trade with Evolution Brokers is 300.

How long do Evolution Brokers withdrawals take?

Withdrawing money from Evolution Brokers processing time varies but averages 2-5 days.

Is Evolution Brokers regulated?

Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC).

Is Evolution Brokers a market maker?

Evolution Brokers is a market maker. Stocks, currency and other commodities and instruments will be purchased by Evolution Brokers even if no buyer is lined up.

How can I start trading with Evolution Brokers?

When opening a trading account with Evolution Brokers, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Evolution Brokers trading platforms here.

Is my money safe with Evolution Brokers?

Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like Evolution Brokers is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Evolution Brokers, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Evolution Brokers a con?

Evolution Brokers is regulated and well established having been in business for over 12 years. Evolution Brokers is definitely not a con.

Can you make money with Evolution Brokers?

Although traders have had great success with Evolution Brokers. Trading on the financial markets with Evolution Brokers is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Evolution Brokers have fees?

Evolution Brokers withdrawal fees varies on payment method. Evolution Brokers does charge inactivity fees. Evolution Brokers does charge deposit fees.

When was Evolution Brokers founded?

Evolution Brokers was founded in 2008.

How many people use Evolution Brokers?

Evolution Brokers is used by over 10000 registered traders.

What is Evolution Brokers Headquarters country?

Evolution Brokers has its head quarters office in Belize.

Does Evolution Brokers offer negative balance protection?

Evolution Brokers does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Evolution Brokers offer guaranteed stop loss?

Evolution Brokers does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Evolution Brokers allow scalping?

Evolution Brokers offers scalping.

Does Evolution Brokers allow hedging?

Evolution Brokers does not offer hedging.

Does Evolution Brokers offer CFD trading?

Evolution Brokers offers CFD trading.

Does Evolution Brokers offer STP?

Evolution Brokers offers STP trading.

How many people use Evolution Brokers?

Evolution Brokers is used by over 10000 traders.

Is Evolution Brokers an ECN broker?

Evolution Brokers offers ECN trading.

Does Evolution Brokers offer a demo account?

Evolution Brokers offers a demo account.

Does Evolution Brokers offer an Islamic account?

Evolution Brokers offers a Islamic accounts.

What are the funding methods for Evolution Brokers?

Evolution Brokers accept the following funding methods : Credit cards, Skrill, Neteller, American Express,

Evolution Brokers review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Evolution Brokers brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Evolution Brokers review written by Mark Hansen of Comparebrokers.co