Score

1.51 /10
Danger

YuloFX

United Kingdom

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index7.03

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

YuloFX · Company summary

General Information & Regulation

YuloFX is a forex broker registered in the Virgin Islands and is not currently subject to any active regulation.

Market Instruments

YuloFX offers investors a range of investor products, including over 55 popular currency pairs in the Forex market, precious metals, crude oil, soft commodities, stock CFDs, and indices.

Minimum Deposit

To meet the needs and trading experience of different investors, YuloFX offers four different trading accounts: Starter (minimum deposit of $100), Ultra (minimum deposit of $1000), First Class (minimum deposit of $2000), and VIP.

YuloFX Leverage

Trading leverage varies depending on different trading accounts. The maximum trading leverage available for the starter account is up to 1:1000. Since margin trading is full of risks, inexperienced traders are not advised to use such high leverage level in case of fund losses.

Spreads & Commissions

In terms of spreads and commissions, the spread on the EURUSD pair the for starter account starts at 2.5 pips, and no commissions are charged. The VIP account and First-class account offers spread starting at 0 pips, with commissions of $7 per lot.

Trading Platforms

YuloFX offers traders a white-label MT4 trading platform, which is currently the most popular Forex trading platform.

Deposit & Withdrawal

YuloFX supports traders to deposit and withdraw funds through various methods such as VISA, MasterCard, JCB, NETELLER, Skrill, Wire Transfer.

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