Why does the official website list one legal entity, while the registry shows a completely different one? Why does the broker operate under two different names? Can such a company really be trusted with your deposit? In today’s EVA Markets review, we will attempt to answer these questions. Spoiler alert: it looks more like a scam than a legitimate brokerage platform.
Let us begin with the company’s appearance — the official website of EVA Markets. A dark background, a couple of bright blocks, a green “Get Started” button, and vague phrases about “effortless success” scattered across the screen. There is no uniqueness or sense of professionalism. The layout is standard: a top menu with sections about the broker and trading conditions, and legal information with a risk disclaimer at the bottom. The company claims to be registered in Mwali, though this remains to be verified.
All images appear to be either generated by neural networks or generic stock photos. Even the logo with green and red arrows looks like a cheap template cut-out. In the background, one can spot “holograms” and candlestick charts that have no connection to real market data. It is simply visual noise designed to distract the eye.
EVA Markets uses meaningless content and overused phrases. “Trading made intuitive”, “Explore global markets”, and “Empower your journey” — the kind of language frequently seen on scam broker websites. There is not even a Frequently Asked Questions (FAQ) page. In the “About Us” section, there is a block of legal documents such as the AML & KYC policy, refund policy, and so forth. However, these documents are not clickable. You cannot open or review them.
The website is available only in English. For a broker that claims to be “global”, this is a failure. Any serious platform would offer localization, at least in major languages such as Russian, Spanish, Chinese, or German.
In short, this is a generic brokerage website, which makes it clear that the company is not serious. A site like this can be built quickly and cheaply. There is no originality.
You can contact EVA Markets in only two ways: by email or through the contact form on the website. Nothing else. No live chat. No phone number. This is highly unusual. Reputable brokers such as XM, Exness, or IC Markets offer at least a 24/5 chat and an international telephone line. Here, clients are expected to send an email and simply wait.
Yes, there are social media accounts, but they are useless. For instance, the most recent post on Instagram was published on 1 October 2024. Clearly, their social media presence has been abandoned.
The first thing we noticed straight away was the presence of only one account type. According to the information on the official website, EVA Markets offers just a single tariff. The terms are as follows:
What is wrong with these conditions? Firstly, the minimum deposit amount. One thousand dollars is far too much. Reputable companies allow you to start trading with as little as ten dollars. Here, however, you are required to invest a substantial sum right from the start. There is no mention of a demo account or even a cent account anywhere.
Secondly, the absence of commissions. EVA Markets charges spreads instead. This raises two possible red flags. Either the spreads are excessively wide, making trading unprofitable, or the broker profits directly from client losses. The business model is not explained anywhere, but the likelihood is high that this is a dealing desk. That means the company benefits when traders lose money, which would explain the zero-commission approach. This presents a clear conflict of interest.
Another drawback is the complete lack of useful or interesting additional services. No copy trading, no investment options, no market analytics, no educational resources. How is this broker supposed to compete with others in the industry?
It has become clear that the official website looks cheap and the trading conditions are neither competitive nor advantageous. The next step is to examine the company’s operations in more detail to determine whether it is a scam.
In the footer of the official website, it states that EVA Markets Ltd is registered in Comoros and regulated by the financial commission MISA, under number T2023415. Usually, a legal entity is named so it can be looked up in a registry. In this case, however, only the number is provided. It led to a company called KYMM Capital Ltd. This means the broker is not technically lying — it is indeed based in that jurisdiction. However, that does not make it safe.
The MISA license from Comoros provides traders with no real protection whatsoever. It does not regulate broker activity, handle customer complaints, require deposit insurance, or monitor order execution. It is simply a document that can be purchased for a few thousand dollars, with no auditing, no reporting, and no oversight. In the event of a scam, you will not be able to get your money back or identify anyone responsible. No court in any respected jurisdiction will even consider your complaint against such a company. In essence, this type of license exists not to protect the trader, but so the scammer can say, “We are licensed”.
Moreover, the company also goes by another name — EVM Prime, with the official website evmprime.com. At present, visiting that site redirects you to EVA Markets. So were they previously called EVM Prime? Why did the name change? It all seems very odd and highly suspicious.
Reviews of EVA Markets are extremely difficult to find online. There are numerous companies using similar abbreviations in their names. It seems the previous brand, EVM Prime, failed to attract new clients and may have gained a negative reputation, which is likely why the broker decided to rebrand. In any case, this is a bad sign. A serious, experienced company would have hundreds or even thousands of reviews — both positive and critical.
The trading conditions here are unfavorable, and the level of security is extremely low. There is not a single reason why traders should risk a significant amount of money. Therefore, we do not recommend EVA Markets, as trading with them is highly dangerous.
Helen always knew that her passion for journalism was more than just a hobby. It was a potential career. She began her professional journey at a local newspaper in the small town where she was born. Writing on a variety of topics, from local news to financial reviews, her persistence and investigative talent soon caught the attention of editors at larger publications. We are thrilled that Helen accepted our offer and now writes for fincapital-reviews. Her exposés always create a buzz. Sometimes, we think Helen could easily open her own detective agency.
Trading here is effectively handing your deposit over to outright scammers. Forget about trading through EVA Markets – this is a fake broker. As soon as a few negative reviews start to appear online, the fraudsters will immediately launch a new website under a different name. They always do. And generally speaking, my advice is this: avoid any company that requires a minimum deposit of more than $100. Nowadays, all reputable firms allow you to fund your account with as little as $10 and start testing the platform…
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