TwoYes Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-22 18:17

Abstract：TwoYes is a Hong Kong-based financial services company that offers three types of trading tools with leverage up to 1:1000. However, TwoYes lacks a legal regulatory license, and since the TwoYes website is currently inaccessible, specific details of its trading instruments and trading fees are unavailable.

　　Note: TwoYes's official website: https://tygfx.com/ is currently inaccessible normally.

TwoYes Review Summary
Founded	2022
Registered Country/Region	Hong Kong China
Regulation	Not regulated
Market Instruments	Forex, commodities, indices
Demo Account	❌
Leverage	Up to 1:1000
Spread	/
Trading Platform	MT5
Min Deposit	/
Customer Support	Physical address: Flat/Rm A 12/F ZJ 300, 300 Lockhart Road, Wan Chai, Hong Kong
	Live chat: 5/24
	Email: support@tygfx.com

　　TwoYes is a Hong Kong-based financial services company that offers three types of trading tools with leverage up to 1:1000. However, TwoYes lacks a legal regulatory license, and since the TwoYes website is currently inaccessible, specific details of its trading instruments and trading fees are unavailable.

Pros and Cons

Pros	Cons
Multiple trading choices	No Legal regulation
MT5 support	No info on trading fees
Multiple payment methods	Unavailable website
	Lack of transparency
	No demo accounts

Is TwoYesLegit?

　　TwoYes lacks a legal regulatory license from any authority. The absence of legal regulation can pose challenges for you when seeking assistance or resolving disputes. In addition, the domain of this company was registered on October 22, 2020, updated on October 22, 2024, and will expire on October 22, 2025.

What Can I Trade on TwoYes?

　　TwoYes claims to offer foreign exchange, commodities, and major global indices. However, TwoYes lacks legal regulation, and trading with it poses a high risk of losing all your money.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Stocks	❌
Mutual Fund	❌
Futures	❌

Leverage

　　TwoYes offers a maximum leverage of up to 1:1000. High leverage can amplify both profits and losses. Therefore, it's crucial to use high leverage cautiously.

Trading Platform

　　TwoYes claims to support trading on MT5, an advanced and efficient financial trading platform. However, since TwoYes lacks legal regulation, it is uncertain whether it has obtained legal permission to offer trading through MT5. Therefore, you are advised to trade with legally regulated brokers that have official MT5 permission.

Trading Platform	Supported	Available Devices
MT5	✔	Computer and phone
MT4	❌	/
cTrader	❌	/

Deposit and Withdrawal

　　TwoYes offers multiple methods for funding and withdrawing your assets, including Credit/Debit Card, RMB domestic withdrawals, Bank Transfer, RMB Cash Capital Injection, and more. TwoYes does not charge fees for depositing funds. However, since this broker lacks legal regulation and its website is not normally accessible, we are unable to verify this information.