Score

2.20 /10
Danger

YLD FX

Malaysia

5-10 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index7.16

Risk Management Index0.00

Software Index8.44

License Index0.00

Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

YLD FX Ltd.

Company Abbreviation

YLD FX

Platform registered country and region

Malaysia

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The MalaysiaLFSA regulation (license number: MB/21/0069) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

YLD FX · Company summary

Note: YLD FXs official website: https://www.yldfx.net is currently inaccessible normally.

YLD FX Review Summary
Founded2019
Registered Country/RegionMalaysia
Regulation(LFSA)Suspicious Clone
Market InstrumentsForex, indices, stocks, cryptocurrencies
Demo Account
Leverage/
Spread/
Trading PlatformMetaTrader 5
Min Deposit/
Customer SupportEmail: sales@yldfx.com
Phone: +60 87 43 00 17

YLD FX Information

YLD FX is a Malaysian broker that was established in 2019 and uses the MetaTrader 5 platform to trade equities, indices, cryptocurrencies, and forex. The company was accused of using a cloned LFSA license, raising questions about its legality even though it offers a variety of trading products and cutting-edge technology.

Pros and Cons

Pros Cons
MetaTrader 5 with advanced toolsSuspicious clone
multiple market instrumentsNo demo account
Multi-device compatibilityLimited information about fees and operations

Is YLD FX Legit?

The clone license of YLD FX is suspicious, and it poses significant concerns.

Regulatory StatusSuspicious clone
Regulated byMalaysia (LFSA)
Licensed InstitutionYLD FX Ltd.
Licensed TypeStraight Through Processing (STP)
Licensed NumberMB/21/0069
Is YLD FX Legit?

What Can I Trade on YLD FX?

For global financial markets, YLD FX offers multiple trading instruments, including forex, stocks, indices, and cryptocurrencies,

Tradable Instruments Supported
Forex
Crypto
Indexes
Stock

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MetaTrader 5Desktop, Web, MobileTraders of all levels

User Reviews

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User comment

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Comments

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syc
more than one year
This is the kind of broker we can use for a long time, in my opinion. As one of the most innovative trading platforms, they can ensure maximum return and provides an opportunity for individuals to get financial freedom.
This is the kind of broker we can use for a long time, in my opinion. As one of the most innovative trading platforms, they can ensure maximum return and provides an opportunity for individuals to get financial freedom.
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2023-03-08 11:33
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