Evolve Markets Review

Website :
Established : 2016
Support :
Country : St. Vincent and the Grenadines
U.S. Clients Allowed : Yes
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Evolve Markets is a privately-owned trading platform founded in 2016 in St. Vincent and the Grenadines. It offers forex, indices, commodities, and cryptocurrency trading to its clientele. The primary purpose of Evolve Markets is to connect independent traders to prospective global financial assets while using forward-thinking payment methods like Bitcoin.

The company’s website doesn’t say that much about its history. As mentioned above, Evolve Markets was founded in 2016 and is headquartered in SVG, which is a favorite destination for offshore Forex brokerage companies. Since Evolve Markets is an International Business Company (IBC), it is not obligated to follow any regulations enforced by any particular authority. Which leaves the company’s potential clients asking, who is regulating their funds

Since the company has no regulatory body overseeing the proper security of clients funds, it, however, promises that all funds are kept in cold storage. This implies that they are holding BTCs in offline wallets and away from the website.

Evolve markets deposits are all in BTC (which will be discussed in the ‘Deposit and Withdrawals section of this review). This means that the trading platform is not regulated at all. There are still many websites that specialize in bitcoin trading but are registered, and a regulatory body is overseeing their affairs. Sad to say, any form of authority does not regulate this particular company.

Account verification

Creating an account on Evolve Markets is as easy as logging in, compared to other trading platforms. All that is required of you is to provide a valid email address and the password for your new account, and you’re all set! After clicking on the “Create Account” button, you will be logged into your account automatically. A message containing your account verification link will be sent to the email address you provided, and all you have to do to get your account verified is click on the link. After your account has been verified, you will be able to go to the accounts tab found on the upper left-hand side of the page.

In order to ensure the security of the clients’ confidentiality, the company does not require any personal identification is required.

All clients can use the platform without compromising their anonymity. As mentioned earlier, Evolve Markets also uses the cold storage policy, which means that users’ private keys are not in any way exposed to the internet. By keeping the private keys offline, they can protect clients from possible cyber hacks. Each withdrawal request is physically reviewed by a real-life broker to make sure the correct dispatch of the bitcoins to their respective wallets.

Apart from the cold storage, Evolve Market utilizes the renown 2FA (Two-factor authentication) protocol, which is an essential security feature. Enabling the 2FA adds more security layer on the top of the login process. As the company uses the MetaTrader 4 platform, clients can use 2FA by using Google Authenticator or MetaTrader 4 Password. To further protect its clients’ data, Evolve Markets even makes sure that the stored passwords are encrypted, which puts the clients’ safety first.

Trading Platform

Evolve Market is based on the MetaTrader4 platform, which is considered the best among forex traders globally. The platform is easy to use, and clients can switch between Classic and Pro accounts depending on the functionality needed.

The evolve markets platform is native to Windows but can also be used on Mac or Linux with the assistance of Wine. Also, mobile versions for Android and iOS devices are readily available.

How to Buy Bitcoins on Evolve Markets

Evolve market is a trading platform where you can trade Bitcoin against fiat currencies. To start trading, click on “Accounts” in the menu tab of your dashboard, after which you will need to click on the “Add Account” button on either demo or live selection. This will redirect you to a different page where you will need to enter some details from the account name and password, leverage, the trading type can be chosen from either Classic or Pro. A leverage selection from 100:1 up to 500:1 is permitted.

On the upper left side of the trade window, you will see a small icon with a plus sign on it. Click on this icon to create an order, and the order window will pop up. Inside the order window, you can modify everything from the stop loss and take profit options, the type of trade and volume, and select if the order will be a Market Execution or Pending order. After placing a successful order, you will be redirected to the ‘Order’ tab. All the information about a successful order can be found on the same tab, and a trader can close the trade anytime by clicking on the trade number and selecting close trade.

 Evolve Markets Fees

The company offers two types of account with different fee structures, namely Classic and Pro Accounts. The Classic account has the available commission built in the spread. The Pro account, on the other hand, has a tighter spread but charges commission per trade. Spreads range from 1.0 pips for Classic and 0.0 pips for Pro Accounts.

Deposits and Withdrawals

To deposit Bitcoin into your account, click on ‘Add funds’ and this will open up a deposit window. The deposit window will contain a pre-generated address linked to your live account.

To withdraw funds, head on to your account and select which account from which you want to withdraw Bitcoin. Click on withdrawal on the Add funds window, and a separate withdrawal page will open up.  Withdrawals are manually approved and could take up to 24 hours to complete and is free of charge. The minimum withdrawal amount is 0.01 BTC.

Customer Service

Evolve Markets they have a thread wherein users can ask questions, and easily post any problem encountered. Apart from the forum thread, Evolve Markets customer service can also be easily accessed via the secured client area. The website also has the Live Chat and contact us buttons. The live chat button when clicked would show a chat box on the lower right side of the screen.

The contact us is the link to the company’s email support system. Here you can send the support service an email and get direct updates sent to the attached email of your account. What the Evolve Markets customer support lacks is a phone number that clients can call in case they need to resolve an issue promptly.

Is Evolve Markets Safe?

Evolve Markets is a growing brokerage firm with an innovative approach. It offers Bitcoin-based online trading services on the MT4 platform in forex, CFDs, and cryptocurrencies. However, it is not regulated, and it has limited payment methods.

The platform has a demo account that traders can use to practice trades can be done with all the functionalities of a live account. The account creation process here is easy and straightforward, and registrants from the United States are welcome.

There are some claims online that the company is a scam due to drastically fluctuating prices, but they do not have any proofs on the allegations that they are calling out on the company.

Jacob Lucas

Jacob Lucas

Jacob has been active in the cryptocurrency markets since 2010, specializing in Bitcoin. He received education as Certified public accountant, specializing in taxes and cost management. Looking for alternative sources of income due to some personal struggles Jacob discovered Bitcoin 2010, showing some commitment and first to learn and get all the basics. Jacob made his fists investment in bitcoin in 2011 and has been successful in the field. Writing in the field is part of Jacob’s commitment to share knowledge with others.


BrokersCurrenciesRatingMinimum DepositSupport
0.001 BTC
200 Euro

Evolve Markets exchange review

Evolve Markets exchange review

Ease of use





  • Easy account creation
  • Accepts US clients
  • High leverage levels available
  • Demo account


  • Not Regulated
  • Only accepts BTC payments
  • No choice of trading platforms