Everest Consultancies Review – Is Everest Consultancies a Scam Broker?
- Website: https://everest-consultancies.com/
- Website Availability: Yes
- Address: World Trade Center, Route de Pré-Bois 29, 1217 Meyrin
- Warning: The Swiss Financial Market Supervisory Authority (Switzerland)
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
Everest Consultancies is marketed to be the best and outcome global brokerage company within which access to international financial markets is found. Integrity, professionalism, and innovation are said to be the values that highlight the entire company’s operations. The website also claims that it operates out of Switzerland, but there are a whole lot of red flags that suggest this might not be the case.
About Everest Consultancies
- Claiming to supply an exclusive trading experience
- Allegedly claims to be based out of Switzerland
- Contains promises such as transparency and quality.
However, a quick and keen observation proves it otherwise.
Regulatory Concerns
Warning from FINMA
As of 23rd April 2025, the Swiss Financial Market Supervisory Authority (FINMA) issued an official warning concerning Everest Consultancies. FINMA indeed confirmed that the aforementioned company does not feature in the commercial register of Switzerland and, most importantly, is not licensed to operate as a service provider of finance within the country.
Such a lack of regulation raises a huge concern; Everest Consultancies is, therefore, not obliged to abide by financial laws, investor protection policies, or even regulatory scrutiny.
Why Everest Consultancies Appears to Be a Scam?
Red Flags:
- Not a legally registered or authorized company.
- A warning has been made by FINMA.
- Negative reviews are also being displayed on some trustworthy review websites including Trustpilot.
User Complaints & Experiences
Numerous victims have come forth with stories:
- “Deposited 30,000 USD, never received anything”;
- “The support was never in touch until I went to Greyfoots for help”;
- “They asked me to pay 34k AUD to ‘activate’ a trade for 64k. Everything turned out to be a scam”;
- “They avoid video calls and never show their license.”
In addition, some reviews claim that Everest Consultancies are associated with the former scam name everestrust.com, hinting at possible rebranding to escape exposure.
Questionable Trading Practices
The user reports a significant discrepancy on this:
“Looks like I lost my money to the market, but the market did not drop by 95% — so how come I lost 95%?”
Any such inconsistencies suggest that either the trading is fake or manipulated, which takes away from the credibility of the platform.
Final Thoughts on Everest Consultancies Review
The Everest Consultancies review indicates a company that markets very well but does not operate with any credible level of safety or legitimacy in existence. The unregulated status, the FINMA warning against it, and a mountain of negative experiences point toward it being high risk and probably very questionable from a financial point of view.
Do not invest with Everest Consultancies if you are thinking about it. If you already have, do not deposit any further funds and seek help in recovering your money.
Take Action Today
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