Bitcoin Forum

[ANN] Evolve Markets - trade FOREX Crypto and more with Bitcoin

We would like to introduce you to https://evolve.markets

Key Features
 - Trade Forex, Commodities, Indices And Crypto
 - Order book execution with depth of market for Crypto pairs
 - Depth of market for FX but with STP execution
 - BTC and LTC deposit
 - Metatrader 5 Platform
 - Private
 - Secure

Accounts
 - Bitcoin (BTC)
 - Bitcoin Bits (BIT) base currency
 - Litecoin ( LTC )
 - No minimum deposit   

Deposit
 - Bitcoin, Litecoin

Account Types - https://evolve.markets/trading/accounts/   ( check this this link in case this page is updated late )
 - Classic : Zero Commission on FX, Commodities & Indices , 0.075% for Crypto
 - Pro : FX & Commodities raw spreads $3.50/side per lot , 1  point per contract commission CFDs, 0.075% for Crypto
 - Change account type any time in our client area

Leverage
 - 500:1 Forex , CFDs and Metals
 - 50X for BTCUSD and Altcoins
 - Change leverage any time in our client area

Platform
 - Metatrader 5 desktop and mobile
 - Metatrader 5 Webtrader
 - Access points
 - NY, London, Tokyo, Singapore, Hangzhou, Sao Paulo, Sydney


Privacy & security
 - No identity verification required
 - Secured user data
 - 100% Cold Storage
 - No Automated or API Sending
 - 2FA with Google


IB/Partnership programs:

All accounts come with an affiliate link. Email us to become a partner with better rates

https://evolve.markets/about/partners/

We would be more than happy to answer any questions you might have.

Kind Regards,
Evolve Markets
https://evolve.markets

IF this is real, then I wish you all the luck in the world with your new service.

Will keep an eye on it and might join.

Keep us updated here.

It seems we now have alternative to simplefx with metatrader support. However couldn't find detail regarding your company on webpage, is this platform under licensed and registered company? Please post details regarding company backing this platform.

Thank you very much for the wishes! A lot of hard work was put into this business, your words are extremely appreciated!

Yes, we are real ! Our team consists of FX broker executives that have worked with some of the top forex brokers and long time bitcoin users/ devs. Log into the demo if you'd like to test us . Demo accounts are fully functional. A demo login is provided to all new users, just scroll down the welcome page for the login info https://clients.evolvemarkets.com/join/ .

Regards,
Evolve Markets

Hello amacar2,

Thank you for asking, here's a link to the about topic on our help page: https://evolvemarkets.com/about/help/#about2

Evolve Markets Ltd is a registered IBC in Saint Vincent and the Grenadines. Our Metatrader platform is fully branded and compliant under the company . If you want to check the platform branding create an account at https://clients.evolvemarkets.com/join/ and log into the demo via our webtrader or desktop terminal  .

Kind Regards,
Evolve Markets

On the era of Blockchain  is absurd that there are transactions processed manually yet. Try to change terms of withdrawals if you want trader's trust

From FAQ:
"All withdrawals are processed manually to ensure the highest levels of security and are submited to blockchain usually within a few hours. However, please allow up to 24 hours for withdrawal processing"

Hello TRF,

We have closely considered every aspect of the withdrawal mechanism and while it would be desirable for all to have automated withdrawals, the advantages in this case far outweigh the risks.  History has shown that time and time again hot wallets and automated withdrawals have resulted in massive losses of client funds and we are absolutely determined to ensure this does not occur.  Furthermore since we operate 24 hours a day, we have staff working around the clock not only to monitor our technology infrastructure, pricing, and trade execution but also to process all withdrawal requests in a timely and especially error-free manner.

Regards,
Evolve Markets

500:1 leverage on index CFD's  :o

maybe I will try you guys out.

Also instant withdraws are always preferable but if they are quick manual withdraws it's not so bad..

SimpleFX was the same way at the start... they were manual w/d then eventually went to semi-instant.

HI RGR991,

Our CFD trading specifications can be found at https://cfdspecs.evolvemarkets.com/ (link downloads a PDF file ) . This PDF file is updated automatically to reflect the change in BTC price. Here you can see in detail the max leverage for all our CFDs and the requirements to trade them.

RE withdrawal speed: Currently we have no complaints about our processing times however we are always improving our manual processing system and have been considering adding semi-instant withdrawals for smaller withdrawals sometime in the future.

Regards,

Someone has tryed them????

Wondering the same. Also curious as to if they participate in KYC/AML at all, or if people can just create a new account and get trading without jumping through all the hoops to get confirmed.

Hello Everyone,

We launched in December and have had 100s of clients sign up with substantial trading activity. We are very surprised this thread is not active... Maybe it's a good thing since most would use this thread for complaints?

Regarding KYC/AML, we do not collect this data because we are a bitcoin only platform. You only need a valid email and BTC deposit to trade live.

Regards,
Evolve Markets

My question is always the same: how my fund are safe? How many time require for withdrawal? There are limit on trading position (for example 1Broker have a limit of 8 BTC for pairs) ?

To keep funds safe, we use 100% cold storage with hardware security modules. We developed proprietary software to receive and approve withdrawal requests that have multi layers of confirmation before manually sending out funds. Additionally, on the client side, we offer Google 2fa, address lock feature, the use of MT4 pass as a secondary pass layer and all user data is encrypted.

Usually a withdrawal gets processed within the hour or less however we can have some multi hour delays during the London session.

Regarding trading positions, we have no limit. We offer 500:1 forex trading and 10:1 btc trading for any balance amount. In the future we may introduce some restrictions on 500:1 FX leverage for balances over 20 BTC however this would not limit the size of the position you have with a forex or BTC trade . Your trade can be as large as you like as long as you have the balance to cover the margin. We do have max sizes for a single trade but you can have 'n' number of open trades in a single account.

We create a demo account with 50BTC in fake money for all users that sign up. Create an account here https://clients.evolve.markets/join/ and test it out .
 
Please let us know if you have any further questions, we are happy to answer them!
 
Regards,
Evolve

Hello,
I've been checking out your demo account.  Looks great, except would you consider dropping the min contract size on some of your stock index CFDs?  For example, I'd like to trade USA30, but $21K is too much risk for me.  Thanks. 

I try Evolve market for real. Initial deposit was of 5 BTC . Well, i trade on pro account with high risk profile (lev 500x).

First, platform seems stable, but sometimes orders go busy and need some time to be filled. this is not a good thing, so servers need to be improved.

Spread are honest, (about 1 pip on major).

A really good thing was spread on BTC\$ , that was everytime around 2 BTC (other broker have 4-5 BTC or more)

The only thing i don't like is that stop out margin is @50%  :P . Speculators need 30% or full margin.  8)

Thank you for the comments.

If you like our spreads, try switching the account type to pro and you will spreads as low as 0 on EURUSD and USDJPY with a 6000 bit per lot commission. ( commission rate will adjust every week depending on BTC rate.

While our stop out is 50% margin, currently we do not have balance size restrictions on leverage amounts like some brokers who offer 30% or lower do.

Regards,
Evolve

Update about my trading days:

During market volatility in not possible to place order, because quote are unavailable. Please work to solve this matter

May you please PM us with your account number so we can look at this? We have never had such an incident.

We looked at our server log for yesterday and all rejections were due to insufficient funds( Margin check fail), however we do not know your account number to fully investigate.

Regards,

Hello!

Can't make withdraw some profit  :(
No Conformation email.
What the problem?

14.03.2017
16:05:27   Bitcoin   1xxxxxxxxxxxxxxxxxxxxxxxxx   100 000.00   expired

What is Forex , how to sell Forex and sell Forex for?

Tnx problem resolved

Hello, we suggest this site to start learning about forex: http://www.babypips.com/school/preschool/what-is-forex/what-is-forex.html

Regards,

Hello,
Would you consider adding the Russell 2000 stock index to your offering?  This is a nice trending stock index that's hard to find among forex brokers. 

This withdrawal issue have been discussed above and the OP said it might take up to 24 hours to process withdrawal since they are doing it manually.
Which body regulate this financial company ?
Do you offer PAMM account ?

This's a great suggestion, I will pass this on to management and see if its possible.

Regards,
Evolve

Hello pcoin,

lelik.dss's withdrawal issue was resolved. The issue was our mail api provider had his email domain blocked so he could not confirm the withdrawal confirmation email. We say "up to 24 hours" on the site for time but in reality it's within the hour, sometimes in minutes . There can be multiple hour delays on weekends and during the London trading session hours.

We are a registered IBC in Saint Vincent in the grenadines. Currently we do not offer PAMM accounts but if there's sufficient demand in the future we can add it.

Regards,
Evolve

To follow up on this, we deployed a software upgrade this past weekend that improves execution time substantially for all asset classes .

Regards,
Evolve

It says "Funds are deposited in MT4 automatically after 1 confirmation" but I have 7+ confirmations now and deposit isn't showing up.
I made a small deposit of 0.15 btc aaaaand its gone. ;D :'(

https://blockchain.info/tx/1e5d458bc4540ff3bfe5562b4f27c5287d6ac35785d6e71e1868b94963ce9e53
http://imgur.com/mOi0KhI

STAY AWAY FROM HERE TRADERS!!!! I'm just glad I didn't deposit more.

Apologies about this. Our node was disconnected from our sql database overnight due to an update causing auto deposits to break. The issue is now resolved and overnight deposits have been pushed to Metatrader.

Please check your account and confirm here.

Regards,
Evolve

As bitcoin transaction fees tend to become exorbitant, it would be great if you could add the option of accounts denominated in Ethereum or NEM. Implementing two-step verification via google authenticator would also improve security.

Hello Hyacinth,

Google Authenticator for withdrawals has been a 2fa option since we launched https://evolve.markets/about/security/ . If you are having issues finding the setting please contact us at support@evolve.markets .

We are currently working on implementing other deposit currencies however it's too early in the development stage to get into details.

Kind Regards,
Evolve

Hello there,

I'd like to confirm a few points:

1) What is the type of FX trading offered by your platform? Do you guys really offer Forex (Spot Market) or CFD of Forex?

2) What (type of) Forex price feed do you use? From which sources?

3) Couldn't figure out (find) your financing rates (daily or yearly) for FX pairs. Would you mind revealing that info in a more simpler way (i.e. rates per day, per month, per year)?

BTW competitors usually use something near the LIBOR/LIBID → rates that don't make it prohibitive for swing and position FX traders to operate...

Hello Financisto,

- Our FX and Metals is real spot and our indices and some commodities are CFD.

- Our price is not a single feed so to speak, we STP via Prime of Prime setup that is an aggregate trade/price from a pool of LPs. If you want to learn more about prime of prime please look here as an example http://www.markets.saxo/solutions/prime-brokerage .

- Here's our swap rates and they are updated daily https://evolve.markets/trading/swap/ . The charge is per day and each amount is per 100k in volume ( 1 lot in mt4).

As an example our EURUSD swap is now LONG 1.96516, SHORT -6.78874 . The margin currency of EURUSD is EURO so its 1.96516 EUR per 100k as the fee/ day . So if you hold 1 lot of ERUUSD long for 1 day it will charge you $1.96516 EUR and convert this to BITS then debit it from your account. The rates we use are taken from Bloomberg then crossed with our LP provider and updated daily.


Regards,
Evolve

i´ve traded with evolve markets last month. i couldn´t withdraw yet but i consider the experience of accounts based in btc very positive being forex trader. i´d like you offer pamm accounts. i suppose you´d be the first broker to offer pamm accounts based in btc.

Thank you for trading with us!

We have not gotten a lot of requests for PAMM functionality so it's really low on the development list. We have the Platform capability for MAM accounts but there's extensive development needed to put it on our client site.

If you want to manage funds/multiple MT4 accounts you can try using a trade copier such as https://www.fxblue.com/appstore/2/mt4-personal-trade-copier or https://www.mt4copier.com/?utm_source=ea-coder.com&utm_medium=referral&utm_campaign=mt4-apps-page .

Hope this helps,

Regards,
Evolve

Do you allow your clients to trade mini or even custom Lots?

Hello Financisto,

Yes we do have Mini lots. You can enter any lot amount you want in the platform .

When you join the system creates a free demo account for you . We suggest trying the demo to get familiar with the lot sizing and meta trader 4 in general. https://clients.evolve.markets/join/

Regards,
Evolve

I have two suggestions.

1. Set up a server with New York close 5 day week. This is what most of the market movers, institutions, are using. It's defacto the industry standard. GMT close gives six day week with an extra candle on Sunday. This makes any indicator, such as moving averages, show incorrect levels from 4 hour and above time frames. I'm aware an EA was built to try to fix it on the client side via offline charts but it works poorly: no ask line, can't switch between time frames on the offline chart requiring to have multiple charts for each time frame which in turn requires redrawing charts studies on each chart.

2. Consider periodically adjusting commission. The meteoric rise in BTC has made the commission no longer competitive. It's effectively double of what I'm currently paying with my current broker.

Hello Challisto,

Thank you for the suggestions. We do update are pro forex and metals commission periodically and have been working on an automated solution that will change it according to exchange rates so there are no longer huge gaps where users could be paying too much or too little. We will look into the server time more. It would be a big change for our systems but we do understand issue you highlighted with the charts and EA programming.

Regards,
Evolve

We are happy to announce BTCUSD, BTCUSDmicro, BTCCNH, BTCEUR, BTCJPY now have a maximum leverage of 25:1 . Enjoy!

Evolve Markets

https://evolve.markets/media/ads/BTC25X.png (https://evolve.markets/)

Segwit is very close to lock in , we are very excited to see bitcoin upgrade!

To avoid any impact from potential Bitcoin Network turbulence caused by bitcoin miner version number variance we have temporarily set our deposit confirmation requirement to 3 confirmations instead of 1.

"Leverage of 25:1" sounds pretty good!
Any possibility that you will offer a multiterminal support in the near future?

Hello guy_wonderful,

We have no plans to get multiterminal . We are considering adding MAM support but it would not be until next year the earliest .

Regards,
Evolve

I registered there today. First I wanna say that CFD trading with leverage 1:500 is very fine for me.
I deposited a small account. Traded with 2-3 positions and closed them with a little profit.
Now I requested withdraw.
Just waiting are they normal brokers or not

OK. They sent me my BTC yesterday. I think I can trust them

Daaa.
I got a constant transactions of average 500+- in bucks equivalent. Never had any troubles from side of Evolve.Markets If you wanna know  ;)

Actually, very nice service.

Evolve.Markets, when you will include DASH/USD to be available to trade?

How soon another crypto will be available for deposit?

Best regards,
GW

P.S.
Please fix my name in the post #44.

Apologies about the name in #44! Thank you for the positive feed back.

There is plans to add DASH/USD but it got lost in the priority list. We will make a note of this as quite a few have asked for it as well.

We do have plans to implement other Crypto for deposit. Right now our development team has other deposit currencies on low priority because we are in the process finishing development of our new BTC matching engine and getting Metatrader 5 Launched. Based on this , late December is the earliest we could see other deposit currencies.

Regards,
Evolve

Ohh, there is nothing you have to be apologizes for. I just wish you good luck for your service, it's great!

Mt4 or mt5 doesn't really meter, if a man gets quotes and can trade, fuck that mt5 platform not much brokers use it at all. I'm personally never, even, had a look at it yet!

Simplefx is scam. i withdraw 0.45 btc yesterday. Simplefx canceled.(we have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.)

This my last money, if not withdraw today i will kill myself!

simplefx  account number 114075

I registered there today. First I wanna say that CFD trading with leverage 1:500 is very fine for me.
I deposited a small account. Traded with 2-3 positions and closed them with a little profit. and it seems great. I liked the project. Hope everybody can understand.

this escalated quickly >:(

i also trading FX here and signals cannot be traded anymore
lets see the disaster management of this company

im kind of mad right now
https://i.imgur.com/44XsLcd.png
https://i.imgur.com/ayl76Vj.png

I'm seriously worried about what will happen and how will Evolve manage this situation.
Do you think the whole balance is definitely gone?
Can they restore to all accounts if they wanted to?

Any advice if there's anything else to do than "waiting/praying" ?

Same shit for me I lost all my account this morning 8:55 server time.

https://imgur.com/a/M5Ggk

This broker (evolve.markets) is the biggest scam on the internet. I've been trading with them for months and all was fine until when i had a large amount of withdrawal profit.

 Then the unexplainable happened, i woke up to see BTC trading at about $400, for a moment i thought it had actually crashed and was really concerned. The good thing though was the fact I wasn't holding any BTC position but surprisingly the broker inflated my losses and literally crashed the account I was trading with.

See for yourself

https://drive.google.com/open?id=1T2C2JXTr6ihmQoiWd2NbX30v9vTCTXY-

https://drive.google.com/open?id=1OjjZIH_qpDVQfCX3iQbp1PHd1K7HCzXD

https://drive.google.com/open?id=19zCqPit_rJX6tosBYRJogIRNyywCfUh6









[/img][/img][/img]

Update concerning my issue: They refunded me all my account with my opened positions so all good for me :-). Thanks Evolve for fixing it so quickly.
Hope they will explain what happened.

For the others I believe they will be refunded as well. Just be patient.

Hopefully this happens, still waiting and watching

Good news !! My account has been reinstated with all credit and positions intact. I really appreciate this evolve.markets but wish you guys kept us in the loop about the situation

Account got corrected in US trading zone
Fair to say this is fast

Hello Everyone,

We received an off market price from one of our Bitcoin liquidity providers which caused a bad print on the platform thus false liquidations. There was no BTC lost at any exchanges, the prices were not executable anywhere. All affected trades on our platform have been reversed and account balances have been corrected.

We understand today's incident was extremely frustrating and apologize for the incontinence. It’s important to us that all our clients understand the situation are satisfied with the resolution. If you have any further questions about the incident or an account correction done today please email us at support@evolve.markets .

Kind Regards,
Evolve Markets Support

Hello everyone, This weekend we will be making the below changes to our platform.

Trade Server time changing to GMT+2

Server time is being changed to properly align charts with US market hours and CME Bitcoin futures. Forex will open 00:00 Monday( 5:00 pm NY time Sunday) and daily candles will close at 24:00 server time going foward.

Classic Account users :

Classic FX and Metals name changes

Forex and Metals symbols will change for classic accounts only.

Example: In classic trading accounts “EURUSD” will become “EURUSD.” with the suffix '.' added. If you have open positions they will be updated with the new symbols before market open on Sunday February 4th. This change is only on classic accounts, pro accounts will have no change.

Please email support@evolve.markets if you have any questions.

I can't withdraw  i don't get e-mail for confirm withdraw!

Hello,

We have replied to your support request over 30 minutes ago.  Please check your email and reply to us so we can assist you with your withdrawal.

Thank you,
Evolve Markets Support
support@evolve.markets

I have not yet received your E-Mail

Hello,

We can confirm the withdrawal emails are being sent successfully and we have also sent you several messages through a different email box.  Please check all of your email filters, inboxes, and spam filters for messages from support@evolve.markets.  Please also try to send an email message directly from your email to support@evolve.markets so we can assist you off the forum.

Kind Regards,
Evolve Markets Support

Hello,

Just confirming to our traders that all withdrawal emails were and are being sent and all withdrawals have been and continue to be working properly at Evolve Markets.  The withdrawal in question has been completed successfully. 

Happy Trading,
Evolve Markets Support

thank you i got it

Hello Everyone,


NOW AVAILABLE ON METATRADER 5!

50X Leverage on Bitcoin and Altcoins
Bitcoin & Altcoin Depth of Market with Order Book Execution
LTC Deposits
BTC Denominated Accounts
Ripple Trading (XRPUSD)

Login to mt5 for existing users:  https://mt5.clients.evolve.markets/login/
New Users: https://mt5.clients.evolve.markets/join/

Announcement here:

https://blog.evolve.markets/introducing-our-new-metatrader-5-platform-with-50x-crypto-leverage-ltc-deposits-ff1ec9690ac0

 8)

Regards,
Evolve

PFFF this is great news!
 I will make so much x'es cuz you guys!!!
Thanks for your services,

i just checked and compares the swap rates with my other broker and i see you have negative swap rates on my favorite pairs that usually and by economic law should be positive
http://bit.ly/evolv-e (http://bit.ly/evolv-e)
http://bit.ly/exnes-s (http://bit.ly/exnes-s)
are you going to change that or at least to make it 0 ?

https://i.imgur.com/EWvrWbA.png
https://i.imgur.com/yAd8Q52.png

Now the swap for EURUSD is 2.52623 (short) and -7.15765 (long). Does this mean that if I open short positions I will get 2.52623 USD (converted to bits at the current market rate) for every lot (and for long position I will pay 7.15765 USD for every lot)?

Can you confirm that the listed swap for the XAUUSD (-0.01 USD) is for 1 lot (100 oz of gold)? Or it is for 1 oz of gold?

Do you convert the profits/losses when they happen from USD to bits in the same way?

Does this mean that  it's possible to get margin call when the price of BTC is decreasing too much?

Some other brokers are calculating profits/losses in different way - if you open 1 BTC position in some instrument, the 1% increase with margin 1:10 lead to 10% profit (0.1 BTC). There it's not possible to get margin call just because the price of BTC is crashing.

Hello tjweb,

If you open a 1 lot short you would get  2.52623 EUR converted to BIT at market rate per lot and -7.15765 EUR for longs. We have to warn, we are going to change swaps to a point based calculation in the future. We will send out a detailed announcement if this happens . For now, it's as explained above.

The swap calculation for gold is 100 oz since our XAUUSD has a contract size of 100. 1 lot =100oz

Pnl for trades are calculated the same way. The pnl per pair calculated to its profit currency and is displayed in real time as BIT , or BTC( MT5 accounts) by converting the profit using the BTCUSD rate. If you do have a lot of margin in use and BTC had a black swan taking it extremely low, very quickly, it is possible to get margin called based on the value of your deposit being worth less.

For brokers  that have the margin you explain, the calculation does not make sense if your deposit is in BTC and you are trading assets with margin currency in fiat. To trade forex, or most things on margin, there must be some value of your deposit or collateral to meet the margin requirement in fiat at liquidity providers that require margin fiat . If BTC drops to the point where it's not worth enough to cover the margin required, the position would be liquidated.

In the case of BTCUSD, the margin currency is in BTC. Margin currency is always the first currency in the symbol. For example, on MT5 the margin requirement for BTCUSD is 0.02 BTC(50x) to open a 1 BTC position( 1 lot ==1 BTC). In this case, your deposit is in bitcoin and the margin currency is bitcoin so no matter what the rate of BTCUSD is , the margin requirement is that you have 0.02 BTC on deposit per lot of Bitcoin .

Hope this answers your question,
Please feel free to email us if we don't respond fast enough here.

Regards,
Evolve

The swap for XAUUSD is -0.01. Is this -0.01 oz or -0.01 USD?

In EURUSD the swap is denominated in EUR (the left currency), so I suppose in the case of XAUUSD it should be left part too (XAU). If this is correct -0.01 oz (from 100 oz) is -0.01% and this is -3.65% per year (365 days). The minus means that the trader is paying the swap. Is this correct?

Hello tjweb,

You are correct, the margin currency is XAU. The long swap currently is -0.012385 OZ so we take current rate 1292.65*0.012385 and this comes to $16. Currently, for every 1 lot long( 100 oz ), the swap cost is $16, in bitcoin, per day.

Regards,
Evolve

But MetaTrader (web versions) says the swap type is USD (the swap is -0.005998 USD per lot or per oz? Or else?). This contradicts to the above.

https://i.imgur.com/FHKuDGj.png

Hello,

USD is a configuration mistake specific to MT5. Our MT4 is correct. We have corrected all metals margin currencies for MT5 today. Thank you for pointing this out and we apologize for the confusion it caused you.

Regards,
Evolve

The 'swap type' is still in USD. I am using the Web interface (MetaTrader 5 Demo, also in Real the situation is the same).

Hello! Any soon you will add DASH as a margin currency? So exited.

Hello! Please fix an issue of my order at account 13773
shortly after I opened an order in oil instrument spread eaten everything and got in a minus of another -50% of whole previous balance amount!
such an issues never had been noted on your old platform. You simply get a message that you cannot process such an orders which makes balance hit a negative number, special of enormous 50%
you have to annul the order (ticket #266462) as it's a technical failure of mt5 platform.

another thing is that when i sent a message to the support I have not get any cofirmation of my request at all. Therfore I'm not even sure if a support got of any from me.


Kindly,
gw

THanks you . well done guys.

fastest response and fixing of a problem of such of a type which I had experienced in a years.
you truly made my day.

screenshot attached:
https://image.ibb.co/bDO82d/rsz_download.png

Hello!

Thank you for the kind words.  Whole we strive to have zero issues affecting trading we make absolutely sure that if any problems do arise they are promptly addressed and corrected.

Kind Regards,
Evolve Markets Support

Can you explain what is "0.075% notional"? Is this calculated based on entry price or based on close price? Or both?

https://i.imgur.com/rZKwAgA.png

And how it is consistent with the "-72.000000" I see here:

https://i.imgur.com/ZqxwAuG.png

The current BTC price is 7620. So 0.075% would be 5.715. And this number -72 is totally different.

Also, when I pay the fee ($3.50 per lot for forex, 0.075% for BTC, etc) - when I open the position, when I close it, or both?

---

When the customer buys indices do you pay dividends of the underlying stocks in the index (and deduct dividends when the position is short)?

Hello,

0.075% is the commission whereas -72 is the swap rate specified in a yearly interest rate.  This is how MetaTrader displays interest based swaps and you can find the daily rate by diving that number by 360. 

In MT5, commission for crypto is 0.075% per deal and the notional amount of the order is [ units x price at the time of execution ].  For example, if you bought 1 BTC at $6,500 the commission would be [ 1 x $6,500 x 0.00075 = $4.875 ] converted to your deposit currency of choice.  For a BTC denominated account, the commission charge would be [ $4.875 / $6,500 = 0.00075 BTC ].  The close of the trade would be a separate execution and the commission is the same 0.075%.  Forex is $3.50 per lot on the open and $3.50 per lot on the close, converted to your deposit currency of choice.  For a BTC denominated account at BTCUSD price of $6,500, the commission would be 0.00053846 BTC.

Swaps are only charged if you hold an open position at exactly 5PM New York time.  5PM is the 'end of day' time and positions open at this time are rolled over to the next day and the charge is for the overnight carrying of positions.  Swaps are either charged or credited depending on if the swap rate is negative or positive.  Since Forex has a 2 day settlement, swaps are triple on Wednesdays to account for the 2 days of positions being held over the weekend.  Crypto has triple swaps on Friday at 5PM to account for positions held over the weekend.

Indices are CFDs which track the price of the underlying index but they do not imply ownership of the underlying, therefore dividends do not apply. 

You can sign up for a free account instantly with just an email address.  We offer a fully functional demo platform with unlimited demo funds to do any testing and get acquainted with the platform.  Please let us know if you have any other questions, we are happy to answer them!

Kind Regards,
Evolve Markets Support

We are excited to announce Dash margin trading is now live on our Metatrader 5 platform

https://blog.evolve.markets/introducing-dash-trading-on-metatrader-5-45143f0b67a2

Dash vs US Dollar

Trading Symbol: DSHUSD
Contact Size: 1 ( 1 MT5 Lot = 1 DASH )
Leverage: up to 50X

Please let us know if you have any questions!

Regards,
Evolve

I have troubles with charts regularly.

It's not a big problem in most cases, but I have difficulty finding charts provider for NAS100. On TradingView they don't display the prices outside the normal working time.

https://i.imgur.com/U0yhFWj.png

Hello,

We have not had any outages and we can confirm that the full chart data is on the server.  This can happen if you computer is offline and not receiving the data for a period of time although it should resync when your connection comes back.  Please right click on the chart and hit 'Refresh' to see if that refreshes the data.  Please ensure that your computer has uninterrupted internet access and power.  You can also use our webtrader located at https://evolve.markets/webtrader/ which will give you the most up to date data.  If you need any further assistance troubleshooting, please email us at support@evolve.markets

Kind Regards,
Evolve Markets Support

Is this swap per lot (per 1 BTC)?


It's about 25% per day. Why such huge swap?

Hello,

We have changed all our swap rate to be charged in points. For a detailed explanation of how this works please read https://blog.evolve.markets/swap-rates-explained-8cd1d44c0eb8 .  The BTC point rate converted is approximately 0.23% a day. Any swap charge can be avoided if you close the position before 5PM NY Time.

Regards,

Hello,

We are not having any payment problems.  This thread is not for account specific support or compliance inquiries, please email our support address.

Kind Regards,

Good, I need help with evolve. I have a serious problem with my account. The email that I used does not receive evolve emails and I have not been able to solve it with outlook support or with anyone. I have been told to change the address in evolve I can not change the email and I have money uinside and everything working, can I change the email?

Hello everyone, despite our tardy response today on bitcointalk, JohnnyGR was not left hanging. His issue was supported and resolved via support email ticket the day his question was posted here. If anyone else has any issues they should always contact support directly as we provide prompt and helpful service and always resolve every issue that is submitted.

Regards,
Evolve Markets

Hello, evolve.markets.

Could you implement of operating accounts denominated in USD. As it would be easier to trade, for example, in case of crypto hedging .
Would be nice to be able to deposit crypto, change them to USD balance at Client Area and then to transfer those funds to USD trading accounts.
 
Currently I'm using different brokers for different purposes. By implementing USD accounts you would be offering an ideal solutions for different purposes.

Best regards,
GW

Some little review.
Last week I have requested withdrawal of 9 bitcoins, was processed  quick and transaction been made in three hours or something. Thumbs up!

Hello!

Thanks for your feedback, and we totally agree.  We are working on this functionality as well as a lot of other user requested features that will be coming out in the next few months.  There has been a ton of work going on behind the scenes at Evolve so stay tuned and we will provide more updates soon!

Kind Regards,
Evolve Markets Support

Good luck! looking forward to USD trading accounts so much, that would be so cool!

I read about this issue (https://www.forexpeacearmy.com/community/threads/abandoned-evolve-markets-not-withdraw.56769/)

Can you elaborate what you mean by:


What is the violation of the TOS?

Arbitrage trading?

I read your TOS and understood that arbitrage trading is prohibited:

https://i.imgur.com/YQx2Arw.png

Can you elaborate whether accessing multiple accounts from single IP address is violation of your TOS?

For example, if a user is giving access to a MetaTrader account to a third party (signal provider) in order to facilitate copying of trades.

Can you confirm that only opening exactly opposite positions (hedging) is against the TOS, not just the common practice of hosting multiple MetaTrader instances on the same VPS in order to copy the trades from one to the other?

Another example: on the same VPS are hosted multiple MetaTrader instances working with different strategies (robots or manual executed strategies). Sometimes there might be positions with different direction (the one robot is opening long position, the other is opening short - but at different times and prices). Is this violation of TOS?

Hello,

In all three examples you outline, they are not violations.

Every person can only be operating one username, and is allowed to have multiple accounts under their username. Accessing multiple trading accounts under the same user from a single IP, is not against our TOS. You are allowed to create and maintain multiple trading accounts under the same user account, provided you do not use your accounts in an abusive manner (such as, by way of example, to exploit our leverage limits or negative balance abuse. 

Hedging with multiple accounts is not against the TOS unless if the purpose is to exploit, for example, negative balance protection, where the purpose of the hedge is to bring one account negative at a market gap and keep one winning account.

If you have any further questions on this matter that require more detail, please email us at support@evolve.markets . 

Kind Regards,
Evolve Markets Support

So, two or more users can't share a single VPS or PC?

For example, if my friend have MetaTrader account (registered under his own username) and he is hosting my MetaTrader (registered under my username) on his PC or VPS (to make the trade copying working correctly or to act as "forex manager"), is this a violation of TOS?

For this to work do I need to ask my friend not to open account at your site (to use different forex broker) just to be sure that the TOS is not violated?

"Every person can only be operating one username"

I have another account I am not using, I signed up just for testing (to see the platfrom from the "inside"). There is no option to delete it when I searched. Can I just leave it without real trading activity?

I'm not the moderator but this caught my attention.

I don't know how possible that can be because, if two people share same username, would they still share the same account. I mean, share the same account balance? What would then be the mode of operating /trading it  ;D

It's problematic for two users to share the same username because if one user updates the password the other lose access to the bitcoins.

However, it's possible to make different MetaTrader accounts under the same username. One username can create multiple MetaTrader accounts and control the deposit/withdrawal of bitcoins.

In my suggested use case the two users have separate usernames. The other user (fund manager) have only the password for my MetaTrader account, not the password for my username.

(To avoid confusion: MetaTrader accounts have user numbers, not usernames.)

One person can have multiple trading accounts under one username. Metatrader also allows you to create an investor password for 'read-only' access to your trading account. If you have any other specific account related questions please feel free to contact support.

Kind Regards,
Evolve Markets

Did you changed it from "bits" to whole bitcoins?



Before:

https://i.imgur.com/MnaK6RQ.png


Now (MT5 web):

https://i.imgur.com/wnt8PTb.png

Hello,

You noticed correctly. We implemented a change to orderbook from BIT to BTC.
MT5 added support for extended volume accuracy for cryptocurrency trading last year (link (https://www.metatrader5.com/en/releasenotes/terminal/1898)), enabling market depth (as well as other interface elements) ability to display volumes accurate to 8 decimals. This meant we were able to upgrade from BITs. It helps to avoid confusion like the one you can see on that Reddit thread, and most of our users prefer it this way.

Kind Regards,
Evolve Markets Team

Is there any problem with MT4 platform or just my account? It stopped running for hours. I still have some open orders there? I have emailed support but no one replied.

Hello. There have been reports of some intermittent connectivity issues. Our engineering team has routed the quote feeds through a different provider and quotes are moving normally. We apologize for any inconvenience. Kind Regards, Evolve Markets Team

Do you allow users that use a VPN (with a dedicated IP address)?

We are excited to announce Ether (ETH) accounts and deposits are now available on Evolve Markets.

Please find all details in our latest article:

https://blog.evolve.markets/ether-eth-accounts-and-deposits-on-evolve-markets-762de0bd0872


Kind Regards,
Evolve Markets Team

Please note the changes in trading schedule from Thursday February 11th, to Monday February 15th, due to Chinese Lunar New Year Holiday and President’s Day Holiday in US.

All details in our latest blog post:

https://blog.evolve.markets/trading-hours-change-presidents-day-2021-a2f0694dff2b



Evolve.Markets (https://trade.evolve.markets/#/account/trader/)

We added deposit support for 4 new stablecoins. You can now also fund your stablecoin account with TUSD, USDC, DAI, and PAX.

Also, verification of your Evolve account now gets you a $100 trading fees bonus!

Read all details in our latest article: Better Stablecoin Support and $100 Verification Bonus (https://blog.evolve.markets/better-stablecoin-support-and-100-verification-bonus-ce80c1f08da1)


Evolve.Markets (https://trade.evolve.markets/#/account/trader/)

Are you now looking to become regulated as you're giving incentives for verifying accounts/kyc?

Thanks

We are actively following the development of global regulations and are re-assessing the situation as it develops.

trading oil is very expensive.
spread as high as 90 points, never seen spread so high. usual 3 okay mabe 5 but , 9? what is your liquidity providers which gives such a outrageous prices

Hello. The spreads on all symbols are variable due to market conditions and they can always be viewed on the Webtrader and MetaTrader platforms, as well as on this page https://evolve.markets/markets/ (https://evolve.markets/markets/).

ok, Thx

We are very excited to introduce you to our completely new trading platform, the New Evolve Webtrader.

https://blog.evolve.markets/new-trading-platform-at-evolve-markets-271b1f57728f (https://blog.evolve.markets/new-trading-platform-at-evolve-markets-271b1f57728f)

Evolve Markets is celebrating the long-awaited Ethereum Improvement Proposal (EIP) 1559 with 30% ETH Bonus!

Find all details in our latest article and get your 30% ETH Bonus:

https://blog.evolve.markets/celebrating-ethereum-upgrade-with-a-30-eth-bonus-79ea0aeafdd9 (https://blog.evolve.markets/celebrating-ethereum-upgrade-with-a-30-eth-bonus-79ea0aeafdd9)

please implement the mBTC accounts, it's very needed!
Any posibility that that will be realised soon?

Hello! While we don't have ongoing plans for the addition of mBTC accounts, this is something we can consider in our future upgrades.

5 new crypto markets are now live and ready for trading on Evolve Webtrader (https://trade.evolve.markets/#/account/trader/) and MT5!

• Chainlink (LNKUSD)
• Dogecoin (DOGUSD)
• Solana (SOLUSD)
• BNB (BNBUSD)
• Polkadot (DOTUSD)

All details: LINK, DOGE, SOL, BNB and DOT on Evolve Markets (https://blog.evolve.markets/link-doge-sol-bnb-and-dot-on-evolve-markets-925779d5dced)

The latest update on Evolve Markets (https://trade.evolve.markets/) is the new Wallets page with a new Deposit, Withdrawal and Transfer interface:

https://blog.evolve.markets/wallets-on-evolve-markets-84e93e5f9cc4 (https://blog.evolve.markets/wallets-on-evolve-markets-84e93e5f9cc4)

Purchase of crypto with your credit card or bank transfer is now available on Evolve Markets! Easy, secure and very fast: All details (https://blog.evolve.markets/buy-crypto-with-credit-card-or-bank-transfer-on-evolve-markets-99dfa752454a)

We are happy to share with you a new, super useful feature: Conversions. You can now instantly convert between different currencies within your Evolve Markets account, without any fees!

Currency Conversion on Evolve Markets (https://blog.evolve.markets/currency-conversion-on-evolve-markets-230f39d9ce60)