Yazhi Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 17:33

Abstract：Yazhi Market is a broker. Trade access to various instruments includes currency pairs, metals, indices, and cryptocurrency. The broker also provides three real accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $50. Yazhi Market is still risky due to its unregulated status.

Yazhi MarketReview Summary
Founded	5-10 years
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Currency pairs/Metals/Indices/Cryptocurrency
Demo Account	/
Leverage	Up to 1:500
Spread	From 0.3 pips
Trading Platform	MT5(Windows/PC/Mac/Tablet/Mobile(iOS/Android))
Min Deposit	$50
Customer Support	Phone number: +44 2033 263 734
	Email: support@yazhimarket.com
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Yazhi Market Information

　　Yazhi Market is a broker. Trade access to various instruments includes currency pairs, metals, indices, and cryptocurrency. The broker also provides three real accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $50. Yazhi Market is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:500	Unregulated
MT5 available	Inaccessible official website
Various tradable instruments	No 24/7 customer support
Spread as low as 0.3 pips

Is Yazhi Market Legit?

　　Yazhi Market is not regulated, making it less safe than regulated brokers.

What Can I Trade on Yazhi Market?

　　Yazhi Market offers a wide range of market instruments, including 60currency pairs, 2 metals, 12 indices, and 18 cryptocurrencies.

Tradable Instruments	Supported
Indices	✔
Cryptocurrency	✔
Metals	✔
Currency Pairs	✔
Stocks	❌
Commodities	❌
Forex	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Yazhi Market has three account types: classic, premium, and VIP. Traders who want low spreads can choose a classic account, while those with a sufficient budget can open a premium account.

Account Type	Classic	Premium	VIP
Min Deposit	$50	$250	$5000
Spread	Starts 0.9 pips	Starts from 2.0 pips	Starts from 0.3 pips
Min/Max Trade Size	0.01/100 Lots	0.01/100 Lots	0.01/100 Lots
Commission	USD$10 per 100k traded	Zero	USD 6 per 100k traded
Leverage	Up to 1:500	Up to 1:500	Up to 1:200
Scalping Allowed	✔	✔	✔
EA Allowed	✔	✔	✔
Hedging Allowed	✔	✔	✔

Yazhi Market Fees

　　The spread starts from 0.3 pips, the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

　　Yazhi Market cooperates with the authoritative MT5 trading platform available in Windows, Mac, tablet, and mobile(iOS/Android) to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows/Mac/Tablet/Mobile(iOS/Android)	Experienced traders

Deposit and Withdrawal

　　The minimum deposit is $50. Yazhi Market accepts Skrill, Neteller, Perfect Money, WebMoney, Stic Pay, Credit Card, Debit Card, etc. for deposit and withdrawal and associated fees are 0. However, due to the official website being inaccessible, transfer processing times are unknown.