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deVere
United States|5-10 years| http://www.devere-fx.com
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1G
40G
Contact number
4008805953
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deVere Foreign Exchange Limited
deVere
United States
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- United KingdomFCA (license number: 613238) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
- This broker exceeds the business scope regulated by United Kingdom FCA(license number: 613238)Payment services Non-Forex License. Please be aware of the risk!
- The VanuatuVFSC regulation (license number: 40377) claimed by this broker is suspected to be clone. Please be aware of the risk!
- The Vanuatu VFSC regulation with license number: 40377 is an offshore regulation. Please be aware of the risk!
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deVere · Company Summary
Note: deVere's official website: https://www.devere-fx.com is currently inaccessible normal.
| deVereReview Summary | |
| Founded | 2023 |
| Registered Country/Region | United Kingdom |
| Regulation | FCA (Revoked), VFSC (Suspicious clone) |
| Market Instruments | Forex |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| EUR/USD Spread | From 0.1 pips |
| Trading Platform | deVeres online trading platform |
| Min Deposit | $100 |
| Customer Support | Phone: 971 4 383 6000, +971 55 591 7033 |
| Email: csvglobal@devere-group.com | |
deVere, founded in 2002 in the United States, is an unregulated global financial advisory and trading platform. It mainly offers forex trading.
Pros and Cons
| Pros | Cons |
| / | No regulation |
| Unavailable Website | |
| Limited trading instruments | |
| No MT4/5 |
Is deVere legit or a scam?
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Regulatory Status |
 | United Kingdom | deVere Foreign Exchange Limited | Payment License | 613238 | Revoked |
 | Vanuatu | EightCap Global Ltd | Retail Forex License | 40377 | Suspicious Clone |
What Can I Trade on deVere?
deVere focuses on foreign exchange (forex) trading. It provides access to a comprehensive selection of currency pairs, including major currencies like the USD, EUR, JPY, GBP, and CHF, which form the core of its forex offerings.
| Trading Asset | Available |
| forex | ✔ |
| metals | ❌ |
| commodities | ❌ |
| indices | ❌ |
| energies | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Spread & Commission
| Feature | Private Client | Corporate Client |
| Account Type | Private | Corporate |
| Leverage | Up to 1:500 | Up to 1:200 |
| EUR/USD Spread | From 0.1 pips | From 0.5 pips |
| Commission | Tiered, from $0.02 per side | Negotiated |
| Minimum Deposit | $100 | $10,000 |
| Demo Account | ✔ | ✔ |
| Suitable for | Individual traders prioritize cost efficiency and smaller trading volumes | Businesses and institutional clients with larger trading volumes and specific strategies |
Trading Platform
deVeres online trading platform is designed to facilitate international payments for foreign exchange clients. It operates 24/5 for flexibility. Key features include live market rates for real-time price monitoring.
Deposit & Withdrawal
deVere offers a Regular International payment service designed for individuals with the need to send a fixed amount overseas regularly. The service is optimized for regular transfers ranging between £500 and £10,000 per month over a minimum period of 6 months.
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