Abstract:YORKCG is a St. Vincent and the Grenadines registered online Forex and CFD broker offering investors trading services in currency pairs, indices, and CFDs. YORKCG is currently unregulated.
General Information & Regulation
YORKCG is a St. Vincent and the Grenadines registered online Forex and CFD broker offering investors trading services in currency pairs, indices, and CFDs. YORKCG is currently unregulated.
Market Instruments
YORKCG provides investors with a large number of trading assets, mainly foreign exchange currency pairs, as well as indices, commodities, precious metals, stocks, and cryptocurrency CFDs.
Minimum Deposit
YORKCG offers investors four different types of accounts: Self-Manage (minimum deposit of 250 EUR), Gold (minimum deposit of 10,000 EUR), Platinum (minimum deposit of 50,000 EUR), and VIP (by invitation only).
YORKCG Leverage
Trading leverage differs depending on different trading accounts. The maximum leverage is 1:100 for the self-manage accounts, 1:200 for the gold account, 1:300 for the platinum account, and 1:400 for the VIP account.
Spreads & Commissions
The spread for EURUSD on the YORKCG platform is 3 pips, much higher than the sector standard. Most brokers offer EURUSD spreads between 1.0 pips and 1.5 pips.
Trading Platforms
YORKCG provides traders with a web-based trading platform rather than the most popular MT4 trading platform.
Deposit & Withdrawal
YORKCG supports traders to deposit and withdraw funds to and from their investment accounts via regular VISA, MasterCard, wire transfer, Vload, and Bitcoin. Popular e-wallet payment methods such as Skrill and Neteller are not supported.
YORKCG Pros & Cons
YORKCG Advantages Include:
1. Four trading accounts to choose from
YORKCG Disadvantages Include:
1. No regulation
2. High spreads
3. Non-MT4 trading platform
4. High level of negative feedback
5. Not offering demo accounts