Score

1.42 /10
Danger

YEWTrading

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.31

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

open now

Broker Information

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Company Name

YEWTrading

Company Abbreviation

YEWTrading

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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YEWTrading · Company summary

Note: YEWTrading's official website: https://www.yew-trading.net is currently inaccessible normally.

YEWTrading Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, CFD, futures, precious metals, foreign stocks, foreign ETFs/ETNs and cryptocurrencies
Demo Account
Leverage1:100
EUR/USD SpreadFrom 0 pips
Trading PlatformMetaTrader4 (Fake)
Min Deposit/
Customer Support/

YEWTrading is a financial institution registered in the United Kingdom in 2021. It operates without regulatory oversight. It claims to offer trading in forex, CFD, futures, precious metals, foreign stocks, foreign ETFs/ETNs and cryptocurrencies via the industry-leading MT4 platform, but since its website is unavailable, detailed information about trading tools, fees, or minimum deposit cannot be obtained.

YEWTrading

Pros and Cons

Pros Cons
Various trading marketsInaccessible website
Lack of regulation
No demo accounts
No reliable trading platform
No contact channel

Is YEWTrading Legit?

YEWtrading is not regulated by any authority. YEWtrading claims to be registered in the United Kingdom, but upon checking the registration information with the Financial Conduct Authority (FCA) of the UK, we could not find any information about YEWtrading.

In addition, the domain of this company was registered on October 31, 2021, updated on September 26, 2024, and is set to expire on October 31, 2025.

No results from the FCA

What Can I Trade on YEWtrading?

YEWTrading advertises that it offers a wide variety of trading instruments in financial markets, including forex, CFD, futures, precious metals, foreign stocks, foreign ETFs/ETNs and cryptocurrencies.

Trading AssetAvailable
Forex
CFD
Futures
Precious metals
Foreign stocks
Foreign ETFs/ETNs
Cryptocurrencies
Commodities
Indices
What Can I Trade on YEWtrading?

Leverage

The maximum leverage provided by YEWTrading is 1:100, which is relatively reasonable. However, you should not forget that Yew Trading is not trustworthy, and it is advisable for you to choose the services of a legitimate, licensed broker.

Spread

YEWTrading didnt directly display any information about spreads on its official site. However, after testing on its trading platform, we found the spreads for EUR/USD starting from 0.0 pips.

Trading Platform

YEWtrading offers the professional MetaTrader 4 platform. However, the issue is that the terminal we accessed is not that of this broker, but rather belongs to another broker, Global Trade Finance. Even worse, we were unable to initiate any transactions.

Trading PlatformSupported Available Devices Suitable for
MT4WebBeginners
MT5/Experienced traders
MT4

Deposit and withdrawal

The only way to deposit and withdraw funds with YEWtrading is through two cryptocurrencies: Bitcoin and Tether. Please beware of brokers that only accept cryptocurrency payments, as such payments are irreversible.

User Reviews

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User comment

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Comments

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Hazim Izam
more than one year
DON’T join YEWTrading. They come across as being very nice and helpful but they’re not. They never answer the phone or reply to your emails. There is a method of asking for a callback, but it never works. Do research BEFORE you invest it will save a lot of time, effort and heartache, especially paying more attention to the regulatory situation.
DON’T join YEWTrading. They come across as being very nice and helpful but they’re not. They never answer the phone or reply to your emails. There is a method of asking for a callback, but it never works. Do research BEFORE you invest it will save a lot of time, effort and heartache, especially paying more attention to the regulatory situation.
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2023-03-24 12:10
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德儿意的笑
more than one year
This platform has no contents, no customer support team, no clear information about its trading conditions. I just don’t believe there are someone so foolish to trade with this broker…. however, my friend Alan has been cheated of $2,000…
This platform has no contents, no customer support team, no clear information about its trading conditions. I just don’t believe there are someone so foolish to trade with this broker…. however, my friend Alan has been cheated of $2,000…
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2022-11-30 15:54
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