Abstract:Yazhi Market is a broker. Trade access to various instruments includes currency pairs, metals, indices, and cryptocurrency. The broker also provides three real accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $50. Yazhi Market is still risky due to its unregulated status.
Yazhi MarketReview Summary | |
Founded | 5-10 years |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Currency pairs/Metals/Indices/Cryptocurrency |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | From 0.3 pips |
Trading Platform | MT5(Windows/PC/Mac/Tablet/Mobile(iOS/Android)) |
Min Deposit | $50 |
Customer Support | Phone number: +44 2033 263 734 |
Email: support@yazhimarket.com | |
Yazhi Market is a broker. Trade access to various instruments includes currency pairs, metals, indices, and cryptocurrency. The broker also provides three real accounts with a maximum leverage of 1:500. The minimum spread is from 0.3 pips and the minimum deposit is $50. Yazhi Market is still risky due to its unregulated status.
Pros | Cons |
Leverage up to 1:500 | Unregulated |
MT5 available | Inaccessible official website |
Various tradable instruments | No 24/7 customer support |
Spread as low as 0.3 pips |
Yazhi Market is not regulated, making it less safe than regulated brokers.
Yazhi Market offers a wide range of market instruments, including 60currency pairs, 2 metals, 12 indices, and 18 cryptocurrencies.
Tradable Instruments | Supported |
Indices | ✔ |
Cryptocurrency | ✔ |
Metals | ✔ |
Currency Pairs | ✔ |
Stocks | ❌ |
Commodities | ❌ |
Forex | ❌ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Yazhi Market has three account types: classic, premium, and VIP. Traders who want low spreads can choose a classic account, while those with a sufficient budget can open a premium account.
Account Type | Classic | Premium | VIP |
Min Deposit | $50 | $250 | $5000 |
Spread | Starts 0.9 pips | Starts from 2.0 pips | Starts from 0.3 pips |
Min/Max Trade Size | 0.01/100 Lots | 0.01/100 Lots | 0.01/100 Lots |
Commission | USD$10 per 100k traded | Zero | USD 6 per 100k traded |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:200 |
Scalping Allowed | ✔ | ✔ | ✔ |
EA Allowed | ✔ | ✔ | ✔ |
Hedging Allowed | ✔ | ✔ | ✔ |
The spread starts from 0.3 pips, the commission is from 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Yazhi Market cooperates with the authoritative MT5 trading platform available in Windows, Mac, tablet, and mobile(iOS/Android) to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows/Mac/Tablet/Mobile(iOS/Android) | Experienced traders |
The minimum deposit is $50. Yazhi Market accepts Skrill, Neteller, Perfect Money, WebMoney, Stic Pay, Credit Card, Debit Card, etc. for deposit and withdrawal and associated fees are 0. However, due to the official website being inaccessible, transfer processing times are unknown.
The Financial Markets Authority (FMA), New Zealand's financial regulator, warns individuals against investment scams that use YouTube channels to promote fraudulent cryptocurrency investment firms/websites. The authority explained on its official website how the YouTube cryptocurrency scam works, providing a step-by-step guide to help people recognize and avoid it. Read HOW THE SCAM WORKS and BE SAFE.
Every trader dreams of quick success, but rushing the process often leads to mistakes. It’s easy to get swept up in the excitement of winning trades or discouraged by unexpected losses. The truth is, mastering the emotional side of trading can be even more important than understanding market analysis or strategies.
In trading, distinguishing between a market correction and a market reversal is crucial for making sound decisions. Misjudging one for the other can lead to missed opportunities or significant losses. While both involve price movements, their causes, duration, and implications differ substantially. Understanding these differences can help traders improve their strategies and adapt to market conditions effectively.
With a steadfast commitment to fostering sustainable financial literacy and providing clear, strategic guidance to the next generation, WikiFX has collaborated with Van Lang University and Hoa Sen University to host an exclusive series of financial education workshops. This marks a pioneering initiative by WikiFX in Vietnam, designed not only to deliver foundational knowledge but also to instill a sense of responsibility and cultivate prudent financial decision-making among aspiring young traders.