IndexEvolve Review: IndexEvolve.com Despicable Broker

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IndexEvolve Review
  • Regulation
  • Fund Safety
  • Contact Details and Customer Support
0.5

Summary

IndexEvolve is allegedly offering trading assistance to investors. In everything they do, they ensure efficiency. The platform, however, fails to provide trading performance. We do not know how they are faring in the market. The scheme states it does not charge hidden fees or commissions. Investors are assured of low spreads.

IndexEvolve is a company that claims it has 3 years of experience. The venture was allegedly launched in 2018. We loath entities that cannot be trusted with the minor details. If you check Whois.com, you will realize the entity was launched in June 2021. This is a broker that does not have a trading history. Who knows what else they are also hiding. 

IndexEvolve Review, IndexEvolve Company

Additionally, the statistics that the venture provides are also misleading and false. They cannot be executing such a high order, yet they just appeared in the industry. It takes time for an investment firm to become reputable. There are several legit entities, and it is ridiculous to see that investment schemes are stealing funds from innocent people.

IndexEvolve boldly claims it has won several awards in the market. These include; the best CFD, best Execution Broker, and having the best trading platform. The trophies are from organizations in the UK and Dubai. However, this is another red flag the firm is not reputable. The venture is an offshore firm, and there is no way they can be operating in London legally. The venture has not won any award; this is a mere bluff.

Invest with some of the best forex trading companies that do not have to feature falsehood information to gain investors’ trust. These are reliable, effective firms in the market that can deliver desirable returns.

IndexEvolve.com Review

The entity states that it is a multinational regulated company. The entity is not licensed, and entrusting your funds to them is the greatest mistake of all time. The individuals behind the scheme are unknown. Who will you go after they exit the industry? If you ask yourself the hard question, you will be on the safe side. 

IndexEvolve is allegedly offering trading assistance to investors. In everything they do, they ensure efficiency. The platform, however, fails to provide trading performance. We do not know how they are faring in the market. The scheme states it does not charge hidden fees or commissions. Investors are assured of low spreads. 

The available trading assets include forex, cryptos, commodities, stocks, and EFTs. The support is said to operate 24/5. You cannot make a profit with the broker. They will soon exit the market unceremoniously. They have four promising trading accounts that will lure many into their system. We urge you not to accept their terms as they are dangerous.

The scheme is offering bonuses upon deposits. Nonetheless, they do not disclose the terms that customers have to meet to qualify for cashout. The company leaves out essential information. If you want to trade, we suggest that you find a transparent entity that provides sufficient information regarding their trading activities. There is nothing for you in this scheme. 

Regulation Status of IndexEvolve

It is illegal for investment firms to collect funds from investors across the world without having a license. The entity claims it is a regulated scheme, but this is just another fabricated lie. Moreover, the firm also states it is among the list of the top firms in the market. However, given the shadiness of the firm, this is a false statement.

The venture allegedly has a license from Mauritius and the Bahamas. These are offshore regulators. However, after checking in the database, we did not find IndexEvolve in the list. This is, therefore, a self-regulated scam that is to no good. The Hong Kong and Cyprus government does not authorize the entity to collect funds from investors.

They do not have sufficient money to get a license. The venture is also not reposting its daily trading activities to any financial watchdog. This is a serious crime, and we do not know what is happening behind closed doors. The entity could choose to exit the market without giving notice.

IndexEvolve is not a genuine platform. Ignoring the red flags that the entity poses is dangerous. Investors should not believe the narrative of this scheme. There is no account segregation as the scheme is not working with a reputable bank. The venture could also manipulate the price, and nobody oversees their trading process. 

IndexEvolve Trading Conditions

The spread that the entity is offering is 0 pips. The entity has over 150 trading instruments. IndexEvolve provides a Webtrader that does not even come with its name to investors; this is not the prominent trading interface in the industry. Investors that are used to the MetaTrader will not settle for less in this scheme.

IndexEvolve.com Review, IndexEvolve.com Platform

 

 

The company advertises leverage of 1:1000. This is very risky, and you could lose all your savings in a second. The reputable ventures in the market have reliable trading conditions. They create an ideal trading environment for investors.

Withdrawal and Deposits

The withdrawal and deposit method is available via Bitcoin, Visa, MasterCard, Litecoin, and Bank Transfer. However, it appears the firm is only taking funds via third-party options. Issuing a chargeback is impossible with BTC, wire transfers, and Gohype. The scheme is trying its level best to keep the money in their system.

The minimum amount that investors can deposit is $250. This platform has no right to claim it is among the best entities in the industry while it does not even have legal documentation. 

Investors who join IndexEvolve do not know what they are exposing themselves to. The entity can inflict hidden charges on users. The Ponzi scheme can go to the extent of refusing to handle the withdrawal request. Expect only the worst from a deceitful scheme.

IndexEvolve Customer Support

The entity claims it is operating from the UK, Cyprus, and Hong Kong. It is hard to trace down IndexEvolve when they exit the market. The venture is not genuine, and we would like to urge investors to settle with a platform willing to disclose their actual geographical area. 

Investors should not share their personal data with the scheme. They will cold call and convince you to transform your life. Unfortunately, this is far from reality. Scammers have nothing to lose, and they can sell your data to criminals. The only thing the fraudsters care about is getting themselves rich. Moreover, the entity lacks customer feedback. Therefore, you do not know what you are signing up for in this venture.

The Domain Insight

The entity does not have a trading history. The registration of the domain took place in July 2021. The venture plans on exiting the industry after one year. There is no hope for the venture. The entity does not reveal the people managing their business, which is a big loophole. The traffic is also wanting. 

Final Verdict

IndexEvolve is nowhere near the top 100 best trading brokers in the world. The entity is hazardous, and it is faking a lot of information. For instance, they claim to have offshore licenses from two reputable bodies, which turn out to be false. The entity also states it has offices in well jurisdiction areas. However, nobody knows where the entity is operating from.

Here is a list of the best forex trading firms in the industry. These are entities that understand the importance of having a professional customer support team. Their trading conditions are also superb. They care about clients’ funds. Invest with them today and transform your investment journey.

 

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