YAIBrokers Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-11 14:15

Abstract：YAIBrokers, founded in 2021, is a brokerage registered in Canada. The trading instruments it provides cover 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency.

YAIBrokers Review Summary
Founded	2021
Registered Country/Region	Canada
Regulation	SERC(Exceeded)
Market Instruments	500 types of instruments - forex, indices, energy, precious metals, cryptocurrency
Account Type	Professional Account, Standard Account, FIXED SPREAD Account, ZERO SPREAD Account, Demo Account
Demo Account	✔
Leverage	Up to 1:2000
Spread	As low as 0.2 pips
Trading Platform	MT5
Min Deposit	10 USD equivalent
Payment Method	Visa, Mastercard, Bank Wire Transfer, Skrill, Neteller, Internal Transfer
Customer Support	Phone: (+855) 090 208 208(+1) 225 267 993(+66) 99 268 02 08
	Email: info@yaibrokers.com
	Physical Address: 1st Floor, Frist St. Vincent Bank Ltd Building, Jame Street, Kingstown, VC, Saint Vincent & Grenadines.Canada Office: 439 University Avenue, Toronto, Canada

YAIBrokers Information

　　YAIBrokers, founded in 2021, is a brokerage registered in Canada. The trading instruments it provides cover 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency.

Pros and Cons

Pros	Cons
Regulated	No commission information
Wide range of trading instruments	No Islamic account
Generous leverage up to 1:2000	No MT4 supported
MT5 supported	Exceeded license
Copy trading available
Demo account available
Low min deposit

Is YAIBrokers Legit?

　　YAIBrokers is regulated by SERC in Cambodia. Its current status is exceeded.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
Cambodia	SERC	YAI Trading Co., Ltd.	Common Financial Service License	033	Exceeded

What Can I Trade on YAIBrokers?

　　YAIBrokers offers traders 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency to trade.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Energy	✔
Precious metals	✔
Cryptocurrency	✔
Commodities	❌
Stocks	❌
Futures	❌
Options	❌

Account Types

　　YAIBrokers offers 4 different types of accounts to traders - Professional Account, Standard Account, FIXED SPREAD Account, ZERO SPREAD Account. It also provides demo accounts.

Account Type	Professional Account	Standard Account	FIXED SPREAD Account	ZERO SPREAD Account
Spreads	Tight, Floating	Competitive, Floating	Fix spread	Fix spread
Leverage	Up to 2000	Up to 2000	Up to 200	Up to 200
Margin/Stopout	100%/50%	100%/50%	150%/100%	150%/100%
Instruments	Fx, Gold, Energy, Stock, Index	Forex, Gold	Forex, Gold	Forex, Gold
Currencies	USD, KHR, THB	USD, KHR, THB	USD, KHR, THB	USD, KHR, THB
Min deposit	10 USD equivalent	10 USD equivalent	10 USD equivalent	10 USD equivalent
Swap Free	Have	No Swap	Have	Have

Trading Platform

　　YAIBrokers's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.

Trading Platform	Supported	Available Devices
MT5	✔	Web, Mobile
MT4	❌

Deposit and Withdrawal

　　The broker supports 6 types of deposit and withdrawal methods - Visa, Mastercard, Bank Wire Transfer, Skrill, Neteller, Internal Transfer. It charges no fees for deposits or withdrawals.

Method	Account Base Currency	Fee/ Commissions	Min Deposit	Processing Time
Visa	USD, EUR, GBP	Free	500 USD/EUR/GBP	Instant
Mastercard	USD, EUR, GBP	Free	500 USD/EUR/GBP	Instant
Bank Wire Transfer	USD, KHR, THB	Free	5 USD	Instant
Skrill	USD, EUR, GBP	Free	500 USD/EUR/GBP	Instant
Neteller	EUR, GBP	Free	500 EUR/GBP	Instant
Internal Transfer	USD, USC	Free	No minimum amount	Instant