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Evolve Markets: The Closure of a CFD broker

In an unexpected turn of events, Evolve Markets, a name synonymous with innovation in the realms of cryptocurrency and forex trading, has announced its closure.

For seven years, Evolve Markets has stood as a beacon for traders around the globe, offering unparalleled access to leveraged crypto trading alongside forex, commodities, stocks, and indices markets.

This decision to sunset the platform marks the end of an era for a company that has been a critical bridge between the traditional financial world and the burgeoning crypto space.

Since its inception in 2016, Evolve Markets has carved out a niche for itself as a crypto-native trading platform.

Its founders— a unique blend of early cryptocurrency adopters (crypto OGs) and veterans from the traditional finance sector— set forth with a mission to merge the dynamism of crypto with the stability and depth of forex markets.

Over the years, the platform has lived up to this vision, offering trading opportunities in bitcoin, altcoin, gold, or USD-margined accounts, thereby catering to a wide array of investor preferences.

Important Dates for Traders

The announcement delineates a clear timeline for traders currently active on the platform:

  • March 13th: Transition to “Close Only” mode, prohibiting the opening of new trades.
  • March 20th: Automatic closure of any open trades at prevailing market prices.

Furthermore, traders are urged to withdraw their funds by April 1st, with the assurance that support will be available for those encountering difficulties in doing so.

Withdrawing funds from EvolveMarkets

Evolve Markets reassures its users that the security and accessibility of their funds remain the company’s utmost priority.

Well-capitalized, the platform is equipped to process all withdrawals, albeit with a caveat of potential delays due to heightened activity.

The commitment to security has been a cornerstone of Evolve Markets’ operations, with significant development resources dedicated to enhancing and upgrading security features, reflecting a deep-seated philosophy of prioritizing user safety above all.

The platform’s foundational values—security, transparency, and privacy—have been pivotal in shaping its reputation.

By eschewing hidden fees and fostering an environment of transparency, Evolve Markets has stood out in a space often criticized for its opacity.

The emphasis on privacy and the efforts to secure user data have further cemented its status as a trusted platform.

Moving Forward

The closure of Evolve Markets leaves a void in the trading world, but it also sets a benchmark for what can be achieved at the intersection of crypto and traditional finance.

The platform’s journey—from its establishment by a group of crypto enthusiasts and forex traders to becoming a stalwart in the trading community—epitomizes the spirit of innovation and resilience.

Have you been trading with EvolveMarkets and now looking for another broker to trade with?

See the popoularity ranking of Forex Brokers with which you can trade Cryptocurreny CFDs, or exchanges of Cryptocurrencies here.



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