Anyone have any experience with Evolve.Markets?

[fenghush]

I recently discovered Evolve (http://www.evolve.markets) - Does anyone here have any experience with them? If i deposit and trade there, am I going to have any issues withdrawing later?

[1714893189]

1714893189

[1714893189]

1714893189

[1714893189]

1714893189

[Graphics]

I've never heard of them.

But few red flags raised after checked their site:

1. 500 leverage. This could wipe your account with the speed of light, combined with:

2.  This:

Where does your Bitcoin price feed come from?

Our proprietary pricing engine aggregates live Bitcoin prices from multiple Exchanges . We quote the Best Bid / Best Offer ( BBO ). A custom-built pricing algorithm automatically calculates the spread symmetrically around the BBO feed on our trading platform.

In my eyes this is wiping accounts with Open BTC positions without any clear information where the prices come from.

About KYC:

What is your KYC policy?

As a Bitcoin only platform, we only require a valid email address to register and a confirmed Bitcoin transaction to enable trading. We respect your privacy and will never ask you for any kind of personal information.

BUT... as Ltd , registered in Saint Vincent and the Grenadines, they could require it at some point.

[fenghush]

I've never heard of them.

But few red flags raised after checked their site:

None of those things scare me. All are very common among the other crypto-based CFD brokers. I'm more interested in hearing about any withdrawal issues anyone has had, but based on the lack of replies I assume either no one is having problems, or no one here has used them yet.

I'm gonna give it a try with a small deposit and will report back I suppose.

[FlamingFingers]

True. I have never heard of them, nor used them, obviously. But they seem legit (at least they are providing information, and their website looks professional enough). They also have an announcement thread on BitcoinTalk, if that means something. Check these: https://bitcointalk.org/index.php?topic=1802511.0 https://bitcointalk.org/index.php?topic=1720587.0

[EvolveMarkets]

I recently discovered Evolve (http://www.evolve.markets) - Does anyone here have any experience with them? If i deposit and trade there, am I going to have any issues withdrawing later?

Hi Everyone,

We would be happy to answer any questions here.

None of our uses have had withdrawal issues. We are well financed with an extremely fast growing user base and a strong infrastructure. 
To test us you can trade our demo with only an email address to register https://clients.evolve.markets/join/ . Try the demo, or test with a small deposit. We are here if you need anything.

Regards,
Evolve Markets

[PokerFace3]

I recently discovered Evolve (http://www.evolve.markets) - Does anyone here have any experience with them? If i deposit and trade there, am I going to have any issues withdrawing later?

Hi Everyone,

We would be happy to answer any questions here.

None of our uses have had withdrawal issues. We are well financed with an extremely fast growing user base and a strong infrastructure. 
To test us you can trade our demo with only an email address to register https://clients.evolve.markets/join/ . Try the demo, or test with a small deposit. We are here if you need anything.

Regards,
Evolve Markets

The website should have been more transparent about the persons behind it (I mean the promoters) and the website should have contact address instead of just a form to gain some confidence amongst investors.
I simply mean to say the Evolve.Markets is yet to evolve in the markets in terms of trust and reliability as they are pretty new.