Everest Trust has positioned itself as a leading provider of brokerage services in the global financial markets. Although the company lists its head office in Switzerland, its Terms and Conditions document, paragraph 21.10, states that it governs client relationships under the laws of St. Vincent and the Grenadines. Meanwhile, the firm does not provide a license. Can you trust your money to this intermediary? We will review the official portal of Everest Trust and draw conclusions about the legitimacy of this broker.

How to Trade

Everest Trust offers MetaTrader 4 and proprietary WebTrader trading platforms, which users can install on PCs or mobile devices. Clients can use CFDs to make money on Forex, cryptocurrencies, and other popular assets.

You can trade on this platform by choosing a plan from three account categories:

  • Three standard accounts with limited access to terminal functionality.
  • Two types of premium accounts with access to higher-level assets and options.
  • VIP services with full access to all markets, instruments, and assets.

Everest Trust does not disclose trading conditions to potential clients. Spreads, commissions, and even minimum deposits are not listed on the official website.

The company performs transactions in digital currency. The client must agree that the exchange rate of cryptocurrencies and fiat money does not reflect any price specified officially by a third party.

The broker considers withdrawal requests up to 5 business days, the minimum withdrawal amount is not disclosed. Everest Trust demonstrates the analytics of the TradingView platform, which you can connect to yourself.

Everest Trust Vital Info

The company does not disclose the names of its owners, there are no photos and biographies of the project managers on the website, and the date of its foundation is not specified. As for the domain, it was registered in July 2023, probably the brokerage activities of the firm started after this date. We cannot understand where the financial activity is controlled – in Switzerland, where the headquarters of this company is allegedly located, or in the jurisdiction of St. Vincent and the Grenadines, which is specified in the User Agreement.

The administration of the site does not indicate numbers and copies, licenses, certificates of registration of the company. Our full check of the registers of legal entities showed that there are companies with the name Everest Trust on almost all continents. However, we did not find such a brokerage organization either in Switzerland or in Saint Vincent and the Grenadines. Does such a service deserve your trust? Does the broker work within the legal framework? Unfortunately, we were not able to make sure that traders work safely on this dubious site.


What are the key facts about Everest Trust?

The company indicates its address in Switzerland and informs that its brokerage activity is regulated by the legislation of St. Vincent and the Grenadines. Meanwhile, this brand is not listed as a legal entity in these two countries. The firm does not disclose any information about the existence of a license and its registration number. There are no copies of legal documents and certificates confirming the legal activity of the financial organization on the website.

What's the risk to my wallet when working with this broker?

The information about the legal address of the company's registration is incorrect. Besides, there is no mandatory information about such parameters as fees, deposit amounts, and withdrawal policy. Non-transparent trading conditions, anonymity of the site owners, and lack of a license cause us to doubt the legal activity of this broker. We do not exclude that there are even higher CFD trading risks here, which will lead you to lose large funds.

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