Score

1.47 /10
Danger

Yakka

United Kingdom

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

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Comparison

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Score

Regulatory Index0.00

Business Index6.68

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Yakka · Company summary

General Information & Regulation

Yakka Global Markets Limited (“Yakka”) is a fintech company registered in United Kingdom, with its head office and founding time undisclosed. It has been verified that this broker is not subject to any regulation. Please be aware of the risk.

Market Instruments

Tradable financial instruments available on the Yakka platform include forex currency pairs, commodities, precious metals, indices, stocks.

Minimum Deposit

When it comes to minimum initial deposit, Yakka doesnt make it clear. Most brokers would ask traders to deposit at least $100 to start trading.

Leverage

Trading leverage is not provided anyway. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Trading Platform Available

Many brokers use MetaTrader 4 or 5, which is a reliable trading platform that is suited to experienced and first-time traders. This does not mean that any broker who has MT 4 or 5 is necessarily legitimate, but MetaTrader is a trusted platform. We have no idea about the trading platform this broker use.

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