The EverTrader reviews are lacking on the Forex Peace Army platform, which is always a red flag. On Trustpilot, the firm has around 200 reviews, which is a small number. Around 11% of these reviews are 1-star evaluations, which might indicate potential issues with the firm’s service quality. When it comes to experience, the firm was launched in 2023 which makes it very young and inexperienced in the prop trading industry. The firm is partnered with Exfor which is a regulated broker, overseen by Malaysian authorities, which is an offshore regulator. 

The firm gets a 1.5 score in this section for lacking many important features such as trader reviews and experience, but still being backed by a regulated broker.

EverTrader funded programs are two, 1-step, and 2-step challenges. The 2-step challenge requires traders to hit a profit target in two different phases, while the 1-step only requires one profit target hit. EverTrader funding options are exactly the same for both challenges including 10k, 25k, 50k, 100k, and 200k USD amounts. The firm lacks other types of accounts such as instant and 3-step, which is a minor downside. 

EverTrader challenges lack smaller funded accounts below 10k, which is disadvantageous for beginner traders who need to start with smaller amounts. 

EverTrader scaling plan is not offered, which is a big downside for traders who want to grow their funded accounts over time.

In the end, the firm gets a 3 score in this section.

EverTrader prop trading assets include popular markets such as Forex pairs, indexes, commodities, stocks, and cryptos. The leverage is 1:100 for FX pairs, 1:2 for stocks, 1:20 for commodities, 1:20 for indices, and 1:2 for cryptos. 

Overall, the firm gets a 3.5 score in this section for offering diverse asset types.

EverTrader rules are slightly different for each funded account type. Let’s compare both of them to see how competitive the firm truly is.

The 1-step EverTrader challenge rules include:

• Profit target - 10%
• Daily loss limit - 3%
• Maximum drawdown - 6% 
• Minimum trading days - 2 days

The 2-step EverTrader challenge requirements include:

• Profit target - 10%, 5%
• Daily loss limit - 5%
• Maximum drawdown - 10%
• Minimum trading days - 3 days

As we can see, the firm has more strict rules for its 1-step challenges. News trading is allowed during evaluation. However, once a trader becomes funded, they must not open trades during major economic news, but they can hold open positions. Expert Advisors or EAs are not allowed, but traders are allowed to hold trades on weekends. 

Overall, the firm gets a 1.3 score in this section. 

The pricing at EverTrader starts at 109 dollars for 10k USD challenges of both 1-step and 2-step models, which is attractive. Both accounts offering the same pricing is advantageous for traders, as they can now choose the most comfortable option depending on rules alone. 

EverTrader free trial is not offered and the EverTrader free repeat is not available either, which is a downside. Spreads are not zero and traders can not deploy all scalping strategies, which makes it difficult to quickly pass challenges.

Overall, the firm gets a 1.5 score in this section for only offering competitive pricing and lacking all other important features. 

The firm only allows access to its own EverStation Pro trading platform that comes with TradingView charts. Despite being backed by a regulated broker that offers MT4 and MT5, the firm does not allow access to these advanced platforms, which is a red flag. 

The platform offered by the firm is only available for web browsers and mobile devices and is far inferior to the advanced platforms.

As a result, the firm only gets a 2.1 score in this section.

EverTrader's profit split is 80% and the firm does not explain how to reach the 90%. Withdrawals are slow, taking 1-3 business days and commissions are charged.

The firm gets a 1.5 score in this section. 

The firm offers market analysis and analytics together with some tools. However, there are no comprehensive educational materials such as webinars, trading courses, and video guides. There are tools to help traders analyze their performance. There is a trading blog available which is useful, but It's not enough for proper trading education. 

Overall, the firm receives a 1.5 score in this section. 

When it comes to customer support, the firm offers two options, live chat, and email channels. There is no phone support offer, which is a downside. However, traders who live nearby can visit the firm’s office, which is not convenient for international prop traders. The website and support of the firm are only available in two different languages, which is not enough to call it a multilingual international prop company.

As a result, the firm gets a 2.4 score in this section.