EnviFX offers four account types with ECN/STP technologies and tight spreads from 0.4 pips on global markets, including Forex and Crypto, through the robust MT4 and MT5 platforms and CloudTrader MT WebTrader.
EnviFX (Company History and Its Regulatory Status)
Envi FX was founded in 2020 in Saint Vincent and the Grenadines. The broker is regulated by the MWALI International Services Authority and operates under the supervision of the Financial Services Authority in Saint Vincent and the Grenadines. Key features of EnviFX:
- Regulated by MISA and FSA;
- Operated by Envi LLC;
- Headquartered in Cyprus;
- Leverage options of up to 1:500.
Envi FX Specific Details
EnviFX’s registered address is Suite 305, Griffith Corporate Centre, Beachomont, Kingstown, Saint Vincent and the Grenadines, with registration number “706-2020”. Here's a quick overview of what Envi FX offers.
Broker | EnviFX |
Account Types | Standard, PRO, VAR, Mini |
Regulating Authorities | MISA, FSA |
Based Currencies | USD |
Minimum Deposit | None |
Deposit Methods | Credit/Debit Cards, Crypto |
Withdrawal Methods | Credit/Debit Cards, Crypto |
Minimum Order | 0.01 lots |
Maximum Leverage | 1:500 |
Investment Options | PAMM accounts |
Trading Platforms & Apps | WebTrader, MT4, MT5 |
Markets | Forex, Metals, Indices, Energies, Shares, Crypto |
Spread | From 0.4 pips |
Commission | Variable based on the account type |
Orders Execution | Instant |
Margin Call / Stop Out | N/A |
Trading Features | VPS, EAs, Market Insights, FX Calculator |
Affiliate Program | Yes |
Bonus & Promotions | Affiliate |
Islamic Account | Yes |
PAMM Account | Yes |
Customer Support Ways | Email, Ticket |
Customer Support Hours | 24/7 |
EnviFX Broker Account Offerings
Envi FX provides four account types with an STP execution model, different fees, and no minimum deposit requirements.
Features | Standard | PRO | VAR | Mini |
Leverage | 1:500 | |||
Spreads from | 0.8 pips | 0.4 pips | 1.2 pips | 1.0 pips |
Commission (Per Lot) | $8 | $9 | $0 | $4 |
Instruments | 200+ | 200+ | 200+ | 29 |
EnviFX Registration and Verification
The broker makes a point of easy sign up process. However, it implements a strict KYC process, including email, ID, and address verification.
- Visit the official website at “https://envifx.com/”;
- Click “Sign Up”;
- Fill out the registration form;
- Check your email inbox for a confirmation link;
- Login to your account and fill in the verification form;
- Provide proof of identity (ID card, passport, or driving license), proof of address (bank statement or residence permit), and a selfie photo.
EnviFX Broker Trading Platforms
The company provides robust trading solutions from WebTrader (developed by CloudTrader MT) to mobile applications (developed by MetaQuotes).
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
EnviFX Fee Structure
The company offers tight spreads and fees by utilizing ECN technology and partnerships with top-tier liquidity providers. While the Envi FX boasts spreads from 0.4 pips, its asset list shows the following figures.
Instrument | Spread (Pips) |
EURUSD | 6 |
GBPUSD | 10 |
USDJPY | 6 |
NAS100 | 110 |
NGAS | 45 |
BTCUSD | 6801 |
AAPL | 27 |
XAUUSD | 11 |
EnviFX Broker Deposit and Withdrawal
While the company doesn’t provide traders with a wide range of payment options, its methods come with no additional charges. Envi FX’s main offerings for funding accounts and withdrawals are:
- Credit/ Debit Cards;
- Crypto (BTC, ETH, LTC, XRP, and USDT).
Does Envi FX Offer Copy Trading or Investment Plans?
We must discuss the PAMM accounts in this EnviFX review. The broker offers PAMM (Percentage Allocation Management Module) accounts, catering to investors looking for passive income opportunities. Key features of Envi PAMM:
- Investors can allocate funds to experienced money managers;
- Profits and losses are distributed proportionally based on investment amount;
- Real-time monitoring of PAMM account performance;
- Ability to diversify across multiple PAMM accounts;
- Flexible investment terms with the option to withdraw funds at any time.
The company offers 200+ trading instruments across six different asset classes, from Forex pairs to Cryptocurrencies.
- Forex: Over 50 currency pairs, including majors, minors, and exotics;
- Metals: Gold, Silver, Platinum, and Copper;
- Indices: Major global stock indices like S&P 500, NASDAQ, and DAX;
- Energies: Crude Oil, Natural Gas, and Brent Oil;
- Shares: CFDs on popular stocks from US and European markets, such as JPMorgan, Cisco, Apple, and Amazon;
- Crypto: Bitcoin, Ethereum, Litecoin, Doge, and more.
EnviFX Broker Affiliate Program
The company has a comprehensive affiliate program for those who seek passive income. A multi-level and multi-plan reward program for referring new clients.
Level | Spread Out | High Rise | Top Heavy |
1st | $1.5 | $2 | $2.50 |
2nd | $0.75 | $1 | $1.50 |
3rd | $0.75 | $0.95 | $0.50 |
4th | $0.75 | $0.30 | - |
5th | $0.75 | $0.25 | - |
The program particularly appeals to forex educators, signal providers, and trading communities looking to monetize their audience.
EnviFX Support Channels
While Envi Fx claims that it provides 24/7 support via email, phone, and live chat, no phone numbers or chat portals are available on its official website.
- Email: support@envifx.com;
- Ticket: Available on the “Contact US” page.
Envi FX Trust Score
User satisfaction is one of the most important topics in this EnviFX review. The company has garnered relatively good reviews across various platforms.
4.2 out of 5.0 based on 72 ratings | |
Forex Peace Army | 2.8 out of 5.0 based on 10 comments |
Conclusion and Final Words
EnviFx provides access to 200+ instruments, from Bitcoin to Apple Shares. It also offers a dedicated PAMM service for money managers and investors. EnviFX broker has a 5-level affiliate program with three plans (Spread Out, High Rise, and Top Heavy) and commissions of up to $2.5 per referred client.
The company has a great trust score of 4.2/5 on TrustPilot. However, the lack of licensing from tier-1 authorities (only MISA and FSA licenses), no support for e-wallets, and the lack of live chat feature are the biggest weaknesses that we can point out in this EnviFX review.
