Score

4.51 /10
Average

YaMarkets

Saint Vincent and the Grenadines

5-10 years

Regulated in South Africa

Financial Service Corporate

MT4 Full License

Regional Brokers

Suspicious Overrun

High potential risk

C

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Comparison

Quantity 15

Exposure

Open Account
Website

Score

Regulatory Index3.51

Business Index7.39

Risk Management Index0.00

Software Index9.64

License Index3.51

The WikiFX Score of this broker is reduced because of too many complaints!
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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

YAMARKETS LIMITED

Company Abbreviation

YaMarkets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 2
Previous Detection : 2025-09-08
  • WikiFX has received a total of 13 user complaints against this broker, please be aware of the risks and do not be scammed!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 51192)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

My money was withdrawn without my knowledge

I had 1400 USD that I earned in my yamarket account. I trusted and did not trade for 2 weeks. Then I saw that my money was withdrawn. It was reset. I cannot access the site and I cannot change my password. Someone withdrew my money and I did not receive any e-mail or notification. This cannot be my fault. yamarket is not a reliable place, your money may not be safe. They did not solve my problem and blamed me. If I had known, I would never trade here. Do not be a victim either.

2024-10-17 17:59
Resolved

The commission of the agency is only 600 US dollars, and the platform still wants to deny it.

Through the information online, I became an agent of ya market. By introducing customers and allowing them to make deposits and transactions, I got a commission of 608 US dollars. However, since November 18, I have been refusing to withdraw the commission, and there is no substantive inquiry about the platform. The answer is that their business will still vigorously develop the Chinese market in the future, and they also said that they are going to participate in the exhibition in Hong Kong. How about a platform that is not even willing to give 608 US dollars to the agent, saying that it will vigorously develop the Chinese market, isn't this an obvious way to reshuffle? A platform that does not have 608 US dollars to participate in the Hong Kong exhibition? I hope the platform will return my commission. It is not easy to be a small agent.

2022-12-07 09:42
    YaMarkets · Company summary
    YaMarketsReview Summary
    Founded2016-08-23
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationOffshore regulated(SFC)/Exceeded(FSCA)
    Market InstrumentsIndices/Commodities/Currencies/Crypto Currencies
    Demo Account
    LeverageUp to 1:1000
    SpreadFrom 0 pips
    Trading PlatformMT4/MT5(Web/Mobile/Desktop)
    Min Deposit$1
    Customer SupportPhone: +971 44106735
    Email: support@yamarkets.com
    Facebook/Twitter/LinkedIn/Instagram/Pinterest/YouTube
    Live chat

    YaMarkets Information

    Established in 2016, YaMarkets offers a trading environment for Contracts for Difference (CFDs), encompassing FX currency pairs, stock indexes, metals, and energy. The broker also provides five accounts with a maximum leverage of 1:1000. The minimum spread is from 0 pips and the minimum deposit is $1. YaMarkets is still risky due to its offshore regulated and exceeded status, high leverage, and bad reviews about difficulty withdrawing money.

    YaMarkets Information

    Pros and Cons

    Pros Cons
    MT4/MT5 availableOffshore regulated/Exceeded
    Spread as low as 0 pipsHigh max leverage
    Demo account availableNegative comments about difficulty in withdrawal
    Various tradable instrumentsUnspecific transfer time and fee information
    No 24/7 customer support

    Is YaMarkets Legit?

    YaMarkets regulates FSC and FSCA with license numbers C165091 and 51192 respectively. The License Types are Retail Forex License and Financial Service Corporate respectively. However, the 'offshore regulated' and 'Exceeded' current status is less safe than the regulated one.

    Is YaMarkets Legit?
    Is YaMarkets Legit?
    Is YaMarkets Legit?

    What Can I Trade on YaMarkets?

    YaMarkets offers access to 100+ market instruments, including indices, commodities, currencies, and cryptocurrencies.

    Tradable Instruments Supported
    Indices
    Currencies
    Crypto Currencies
    Commodities
    Shares
    ETFs
    Bonds
    Mutual Funds
    What Can I Trade on YaMarkets?

    Account Type

    YaMarkets has five account types: ultimate, standard, royale, ECN, and women thrive. Traders who want low spreads can choose a Women Thrive account and those who want a low leverage and with a sufficient budget can choose an ECN account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

    Account Type UltimateStandardRoyaleECNWomen Thrive
    Minimum Deposit$10$500$2500$5000$1
    Minimum trading volume0.010.010.010.01-
    Swap free accountYesYesYesYes7 days free
    Spread starts from1.8 pips1.5 pips1 pips0.1 pips0
    CommissionNoNoNoYes$2
    Leverage1:10001:10001:5001:2001:300

    YaMarkets Fees

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

    Leverage

    The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

    Trading Platform

    YaMarkets cooperates with the authoritative MT4 and MT5 trading platforms, which are available on the Web, Windows, iOS, Android, and APK File. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

    Trading PlatformSupported Available Devices Suitable for
    MT4Web/Mobile/DesktopJunior traders
    MT5Web/Mobile/DesktopExperienced traders
    Trading Platform
    Trading Platform

    Deposit and Withdrawal

    The first deposit amount must be $1 or above. YaMarkets accepts Mastercard, Bank Transfer, Lipi, Visa, Phonepe, Net Banking, and Pay App for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

    Deposit and Withdrawal

    News

    NewsCelebrate Ramadan 2025 with WelTrade & YAMarkets

    Ramadan is not just a time of fasting and reflection but also a season of opportunity, growth, and reward. As you deepen your faith, why not deepen your financial potential as well? This Ramadan, WelTrade and YAMarkets are bringing you two incredible offers to ensure you can thrive in both your spiritual and trading journeys.

    WikiFX
    2025-03-11 17:48
    Celebrate Ramadan 2025 with WelTrade & YAMarkets

    NewsBecome Women Brand Ambassador of Yamarkets

    If you are a woman who wants to earn and inspire other women. YaMarkets brings you an exclusive earning opportunity of a lifetime. You can join it's Become Women Brand Ambassador program.

    WikiFX
    2025-01-22 17:43
    Become Women Brand Ambassador of Yamarkets

    NewsYAMARKETS' Jingle Bells Christmas Offer!

    YaMarkets Announces Exciting Christmas Offer! YaMarkets is spreading cheer with an exclusive Christmas offer that's sure to delight traders. For a limited time, new and existing clients can enjoy a Tradable Bonus of up to 30% on their deposits.

    WikiFX
    2024-12-24 18:58
    YAMARKETS' Jingle Bells Christmas Offer!

    ExposureCheckout YaMarkets Review: Key Features & More

    Founded in 2016, YaMarkets is a forex broker based in Saint Vincent and the Grenadines, offering trading services, including Forex, Commodities, Indices, and Cryptocurrencies. The broker also provides access to both the popular MetaTrader 4 and MetaTrader 5 trading platforms.

    WikiFX
    2024-04-24 17:30
    Checkout YaMarkets Review: Key Features & More

    User Reviews

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    User comment

    30

    Comments

    Write a review

    aliemir kuş
    more than one year
    Ya markets dolandırıcı bir şirkettir.benim kazandığım parayı ödemedi.bu şirkete asla para yatirmayiniz.magdur olursunuz.
    Ya markets dolandırıcı bir şirkettir.benim kazandığım parayı ödemedi.bu şirkete asla para yatirmayiniz.magdur olursunuz.
    Translate to English
    2025-08-16 23:57
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    FX2104527360
    0-3months
    I am real person and giving real review I have been trading with yamarkets from last 4 years and in between I have not even one single issues even they helped a lot me to grow as an ib, I don’t know why others mentions negative comments, they are vey clear on their trading policy , I suggest to other try this broker
    I am real person and giving real review I have been trading with yamarkets from last 4 years and in between I have not even one single issues even they helped a lot me to grow as an ib, I don’t know why others mentions negative comments, they are vey clear on their trading policy , I suggest to other try this broker
    Translate to English
    2025-07-25 02:32
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