Envessa Markets Review

Envessa Markets is an online CFD broker that provides access to several financial markets through a web-based trading platform. The company offers trading across forex, stocks, commodities, metals, indices, and cryptocurrencies with multiple offerings for beginners and seasoned traders. 

The company combines multi-asset trading, educational resources, leverage of up to 1:400, decent spreads, and multiple account types under a single trading environment.

The broker also offers good trader education, customer service, analytical tools, and negative balance protection in all of its offerings. While several features may appeal to active traders, traders should also be aware of factors like offshore regulation, limited track record, and lack of MT4/MT5 trading platforms. 

Supported Countries

We have reviewed 100+ brokers and none of them operate in all countries across the world. This happens mostly because of either national or international regulations. At the time of writing this review, the broker does not offer services to residents of the European Union, the United States, Iran, North Korea, Russia, Myanmar, or any jurisdiction where its services would violate local laws and regulations.

Traders from other eligible regions may be able to open an account, subject to the company's onboarding and compliance requirements. Before registering, traders should always verify whether their country is supported directly through the broker's sign up page. It usually should take you less than 2 minutes to check. 

Average Customer Ratings

Before opening an account with any broker, it is usually a good idea to see the feedback from existing users. Customer reviews can provide additional insight into a broker's performance, customer support, withdrawals, and overall reliability.

At the time of writing, Envessa Markets is a relatively new broker. The company does not have a Trustpilot profile. If you have used Envessa Markets, you can share your experience on our customer reviews section. 

Trading Platforms

A trader’s experience significantly depends on the trading platform offered. The differences in trading platforms can range from the UI to charting tools, access to trading strategies, and much more.  

Envessa Markets offers a browser based WebTrader platform, which can be accessed directly without any downloads. The broker also provides a mobile trading app, allowing traders to monitor markets and manage their accounts on the go.

Unlike many brokers, Envessa Markets does not offer MetaTrader 4 or MetaTrader 5. For traders who prefer MT4 or MT5, it may be better to trade with some other broker.

Customer Support

Customer support can play an important role when traders need assistance regarding platform issues, account verification process, or funding questions.

Despite being a new broker, Envessa Markets takes extra steps when it comes to customer service. The company offers 24/7 support in 8 languages. Envessa Markets provides support through live chat, email ([email protected]), and phone (+447441908591). 

The broker emphasizes personalized assistance and client-focused service as part of its overall offering.

In addition to direct support, the company maintains educational materials and platform resources that may help traders resolve common questions on their own.

Trader Education

Educational resources can be valuable for both beginner and experienced traders looking to improve their understanding of financial markets and trading strategies. Envessa Markets provides a dedicated learning center that includes educational materials covering market fundamentals, trading strategies, advanced trading concepts, and industry terminologies.

The broker's educational section includes:

• Beginner trading courses
• Advanced trading lessons
• Trading strategies
• Market education articles
• Trading glossary

On top of these, the company also provides trading signals by the name of Envessa Signals. The Envessa Signals feature provides trading ideas and market insights that can help traders identify potential opportunities across different markets. Combined with the broker's educational materials, these resources are designed to help traders improve their market knowledge and make more informed trading decisions. 

In the trader education department, the only thing we think is missing is a demo account. A demo account can help traders test their strategies with virtual funds before they commit capital. 

Regulation and Compliance

According to the official Envessa Markets website, the broker operates through Prototech Online Ltd, which is registered in the Union of Comoros and authorized by the Anjouan Offshore Finance Authority under license number L16168/PTO.

The company states that client funds are held in segregated accounts separate from company operating funds and follows applicable compliance procedures. Envessa Markets also promotes security measures designed to protect client information and trading activity.

However, it is worth noting that the broker operates under an offshore regulatory framework rather than a Tier-1 regulator such as the FCA, ASIC, or CySEC. Traders who place significant importance on regulatory oversight may wish to consider this factor as part of their overall evaluation process.

Conclusion

Envessa Markets is a new company yet has many offerings traders see from established brokers. Multilingual support 24/7 support, multiple account types, and access to multiple tradable assets. But on the other hand, the company is offshore regulated, lacks swap-free accounts, demo accounts, and the website is missing information on things like payment methods. It is highly advisable to weigh the pros and cons of the broker before you make a decision.