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• Our Review Method

• Is Everest International Scam or Legit Broker?

• What is Everest International?

• Everest International Review Conclusion

• Everest International Group Ltd Update

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Everest International due to the issues we've identified.

Is Everest International Scam or Legit Broker? ▲

After an exhaustive assessment, it is evident that Everest International Group Ltd operates as a non-regulated broker, thus rendering it unsafe for trading activities. Our thorough examination revealed a conspicuous absence of authorization or registration for the company's address, which raises significant concerns regarding its legitimacy. The company appears to operate under a veil of secrecy, likely conducting its services from an undisclosed location far removed from its purported address. This lack of transparency and regulatory oversight marks Everest International as highly suspicious and potentially fraudulent, advising traders and investors to exercise caution and steer clear of engaging with this broker.

What is Everest International? ▲

Everest International Group Ltd presents itself as a broker offering Forex and CFD trading services, claiming regulatory compliance in New Zealand. Their promotional materials suggest certification and regulation by top financial regulators, specifically referencing Financial Service Providers (FSP's) without naming the Financial Markets Authority of New Zealand explicitly. Despite these claims, it becomes clear that Everest International lacks the necessary license to legally offer financial services within New Zealand. For a broker to secure licensing from New Zealand’s Financial Markets Authority (FMA), it must establish a physical presence in the country and possess minimum net tangible assets ranging from approximately 35,000 to 50,000 USD, dependent on the specific license type required. This shortfall in regulatory compliance underscores the broker's inability to provide a secure and lawful trading environment, thereby advising potential clients to approach with caution.

Everest International Review Conclusion ▲

Engaging in investments through unlicensed firms like Everest International carries a high risk of capital loss. Given the absence of proper authorization and regulatory oversight, we strongly counsel investors and traders to steer clear of Everest International and similar entities based in jurisdictions with lax financial regulations, such as the Marshall Islands. For those seeking a secure trading environment, it is advisable to consider well-regulated brokers situated within reputable jurisdictions, such as the United Kingdom or Australia.

Everest International Group Ltd Update ▲

Our latest research indicates that the Everest International website is currently inactive, casting uncertainty over the broker's operational status. It remains unclear whether Everest International has rebranded and continues to engage in questionable Forex activities under a different name, or if it has ceased operations altogether. Given the paramount importance of safeguarding one's investments, we urge potential clients to avoid any dealings with Everest International. Remaining vigilant and cautious of any future proposals from this entity is advisable to prevent potential financial losses.