On this page, we review Envifx broker. Envi fx broker is one of the newly established brokers. However, its services are unavailable for residents of some countries, such as Trinidad and Tobago, Iran, Iraq, Libya, North Korea, Somalia, Syria, Japan, Canada, Puerto Rico, and the United States. Stay with us for more information about the EnviFX broker.
| Broker name | EnviFX |
| Established year | 2020 |
| Spread rate | average |
| Central office | Saint Vincent and the Grenadines |
| Regulation | - |
| Minimum deposit | 10 $ |
| The easiest way to deposit and withdraw | Debit and credit cards, digital currencies |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
Envi fx is the name of one of the active brokers in the market. Many traders from all over the world can use its services. Among the positive features of this broker can be mentioned PAMM account, professional website presentation, transparency in the amount of spread and commission, etc.
Checking the credibility of a broker is one of the most important points when checking and opening an account with a broker because the more reputable the broker you choose, the more easily you can invest your money in the relevant broker. Suppose we want to examine the envi fx broker in terms of credibility. In that case, we must say that this broker is not under the supervision of any regulatory organization and does not have much activity history.
Unfortunately, according to our reviews, the envi fx broker has no regulations.
Envi fx broker is headquartered in Saint Vincent and the Grenadines.
Envi fx broker is a newly established broker and was opened in 2020.
| Profile / account name | Mini | Var | Pro | STANDARD |
|---|---|---|---|---|
| Minimum deposit for opening | 10 $ | 10 $ | 10 $ | 10 $ |
| Spreads | Starting from 1 | Starting from 1.2 | Starting from 0.9 | Starting from 0.8 |
| Commission | $4 per lot trade | 0 | $9 per lot trade | $8 per lot trade |
| Maximum leverage | 1:500 | 1:500 | 1:500 | 1:500 |
| Ability to trade currency pairs | Yes | Yes | Yes | Yes |
| Ability to trade stocks and indices | Yes | Yes | Yes | Yes |
| Possibility of digital currency trading | Yes | Yes | Yes | Yes |
| Scalp permission | Yes | Yes | Yes | Yes |
| Permission to use Expert | Yes | Yes | Yes | Yes |
As you can see in the table above, the envi fx broker offers users four types of trading accounts, which we will examine in detail below.
You can deposit a standard account with a minimum of 10 dollars; the spread of this account starts from 0.8 pips and has a commission of 8 dollars per lot trade; the maximum leverage that can be used in this account is 1:500.
The minimum deposit for opening a pro account in envi fx broker is 10 dollars. You can use the maximum leverage ratio of 1:500 in this account; the spread starts from 0.9 pips, and the broker charges 9 dollars commission from traders. It receives a commission from traders for each lot trade.
The minimum deposit to open a var account in the NFX broker is $10, this account has a maximum leverage of 1:500, and one of its advantages is that there is no commission, and the spread of this account starts from 1.2 pips.
You can open a mini account in envi fx broker by depositing 10 dollars; also, the broker receives 4 dollars commission per lot trade from traders, and the spread of this account also starts from 1 pip, the maximum leverage of this account is also 1: It is 500.
The minimum and maximum starting spread in envi fx broker are 0.8 and 1.2 pips, respectively, which depends on the trading account chosen by each trader.
An Islamic account or an account without overnight swap is a type of account in some brokers of the forex market, which is specific to Muslim traders. Of course, having an Islamic account is a significant advantage for brokers because it attracts more users. Still, unfortunately, the Envi fx broker does not have this type of account.
The minimum deposit amount in envi fx broker depends on your chosen deposit method. Still, in general, the minimum deposit amount in this broker can be considered 10 dollars, which is a relatively small amount.
In general, deposit and withdrawal methods in Envi DX broker are divided into two general categories: 1. Use of digital currencies 2. Use debit and credit cards, which you can use based on your conditions.
Currently, no bonus is active in the Envifx broker, but if this broker activates the bonus, we will share this issue with our audience.
You can refer to the main website of the envi fx broker and see step-by-step the necessary steps to verify your identity. Still, in general, the documents and information required to verify your identity in this broker include: first and last name, email, Mobile number, date of birth, identification documents such as passport, and address confirmation documents such as water and electricity bills, etc.
Tradable and trading assets in envi fx broker include: digital currencies, currency pairs, indices and stocks, some precious metals, etc., which you can see in detail by entering the main envi fx website in the table related to the accounts of this broker. Which symbols can be traded in each trading account?
The trading platform used in the Envi fx broker is MetaTrader 5, which you can download through the links below.
PAAM account allows traders to profit from the market safely by entrusting their account management to a professional trader, and luckily this is also possible in Envi fx broker.
Fortunately, our research regarding the Envi fx broker did not come across the history of abuse and violation reports during the years of operation of this broker. Still, considering the importance of this issue for users, we are obliged to inform ourselves about any violations of this kind about any broker. We will know in the future.
