YForex review
YForex review: regulation (No), minimum deposit 00, leverage up to 1:500, platforms and current bonuses. Compare the latest forex bonuses, trading…
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 00
- Maximum leverage
- 1:500
- Minimum spread
- 0.9 Pips
- Platforms
- MetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms
- Instruments
- Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs
- Account currencies
- EUR / USD / GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- 100% Forex Welcome Bonus
- Other promotions
- 100% Forex Deposit Bonus
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank Wire Transfer, Debit/Credit Card, Neteller, Skrill, Bitcoin
- Withdrawal methods
- Bank Wire Transfer, Debit/Credit Card, Neteller, Skrill, Bitcoin
Company
- Regulation
- No
- Founded
- 2020
- Country
- St.Vincent and the Grenadines
- Address
- YF Corporation Suite 305, Griffith Corporate center, Kingstown, St. Vincent and the Grenadines
- Publicly traded
- Yes
- Website languages
- English
- Phone
- +44 33 0808 3344, +44 56 0002 2965
- Email or Skype
- support.yforex
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YForex pros and cons
Pros
- Regulated by No
- Low minimum deposit: 00
- Raw spreads from 0.9 Pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
YForex FAQ
Is YForex a safe and regulated broker?
YForex was founded in 2020 and is regulated by No. Client funds are held in segregated accounts. Your protection depends on which YForex entity opens your account.
What is the minimum deposit at YForex?
The minimum deposit at YForex is 00. Payment providers may set their own minimum amount.
What is the maximum leverage at YForex?
YForex offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does YForex offer a no deposit bonus?
No. YForex does not currently offer a no deposit bonus. It offers a welcome promotion: 100% Forex Welcome Bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does YForex offer?
YForex supports MetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms. Mobile trading is available.
Does YForex allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does YForex offer an Islamic (swap-free) account?
Yes. YForex offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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YForex at a glance
- RegulationNo
- PlatformsMetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms
- Account currenciesEUR / USD / GBP
- LanguagesEnglish
- Phone+44 33 0808 3344, +44 56 0002 2965
- Email / Skypesupport.yforex
- Fax[email protected]
- Head officeYF Corporation Suite 305, Griffith Corporate center, Kingstown, St. Vincent and the…