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Exceeded
Score
2.50 /10
Danger
YAIBrokers
2-5 yearsRegulated in Cambodia
Common Financial Service License
Suspicious Scope of Business
Suspicious Overrun
Medium potential risk
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Exposure
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Score
Regulatory Index1.76
Business Index6.52
Risk Management Index0.00
Software Index4.00
License Index1.76
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Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
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Warning: Low score, please stay away!
Previous Detection :
2025-02-02
- This broker exceeds the business scope regulated by Cambodia SERC(license number: 033)SECC Common Financial License Non-Forex License. Please be aware of the risk!
WikiFX Verification
| YAIBrokers Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Canada |
| Regulation | SERC(Exceeded) |
| Market Instruments | 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency |
| Account Type | Professional Account, Standard Account, FIXED SPREAD Account, ZERO SPREAD Account, Demo Account |
| Demo Account | ✔ |
| Leverage | Up to 1:2000 |
| Spread | As low as 0.2 pips |
| Trading Platform | MT5 |
| Min Deposit | 10 USD equivalent |
| Payment Method | Visa, Mastercard, Bank Wire Transfer, Skrill, Neteller, Internal Transfer |
| Customer Support | Phone: (+855) 090 208 208(+1) 225 267 993(+66) 99 268 02 08 |
| Email: info@yaibrokers.com | |
| Physical Address: 1st Floor, Frist St. Vincent Bank Ltd Building, Jame Street, Kingstown, VC, Saint Vincent & Grenadines.Canada Office: 439 University Avenue, Toronto, Canada | |
YAIBrokers Information
YAIBrokers, founded in 2021, is a brokerage registered in Canada. The trading instruments it provides cover 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency.
Pros and Cons
| Pros | Cons |
| Regulated | No commission information |
| Wide range of trading instruments | No Islamic account |
| Generous leverage up to 1:2000 | No MT4 supported |
| MT5 supported | Exceeded license |
| Copy trading available | |
| Demo account available | |
| Low min deposit |
Is YAIBrokers Legit?
YAIBrokers is regulated by SERC in Cambodia. Its current status is exceeded.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Cambodia | SERC | YAI Trading Co., Ltd. | Common Financial Service License | 033 | Exceeded |
What Can I Trade on YAIBrokers?
YAIBrokers offers traders 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency to trade.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energy | ✔ |
| Precious metals | ✔ |
| Cryptocurrency | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Types
YAIBrokers offers 4 different types of accounts to traders - Professional Account, Standard Account, FIXED SPREAD Account, ZERO SPREAD Account. It also provides demo accounts.
| Account Type | Professional Account | Standard Account | FIXED SPREAD Account | ZERO SPREAD Account |
| Spreads | Tight, Floating | Competitive, Floating | Fix spread | Fix spread |
| Leverage | Up to 2000 | Up to 2000 | Up to 200 | Up to 200 |
| Margin/Stopout | 100%/50% | 100%/50% | 150%/100% | 150%/100% |
| Instruments | Fx, Gold, Energy, Stock, Index | Forex, Gold | Forex, Gold | Forex, Gold |
| Currencies | USD, KHR, THB | USD, KHR, THB | USD, KHR, THB | USD, KHR, THB |
| Min deposit | 10 USD equivalent | 10 USD equivalent | 10 USD equivalent | 10 USD equivalent |
| Swap Free | Have | No Swap | Have | Have |
Trading Platform
YAIBrokers's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Web, Mobile |
| MT4 | ❌ |
Deposit and Withdrawal
The broker supports 6 types of deposit and withdrawal methods - Visa, Mastercard, Bank Wire Transfer, Skrill, Neteller, Internal Transfer. It charges no fees for deposits or withdrawals.
| Method | Account Base Currency | Fee/ Commissions | Min Deposit | Processing Time |
| Visa | USD, EUR, GBP | Free | 500 USD/EUR/GBP | Instant |
| Mastercard | USD, EUR, GBP | Free | 500 USD/EUR/GBP | Instant |
| Bank Wire Transfer | USD, KHR, THB | Free | 5 USD | Instant |
| Skrill | USD, EUR, GBP | Free | 500 USD/EUR/GBP | Instant |
| Neteller | EUR, GBP | Free | 500 EUR/GBP | Instant |
| Internal Transfer | USD, USC | Free | No minimum amount | Instant |
Copy Trading
YAIBrokers's copytrading offers an opportunity to follow good traders and monitor the markets to traders.
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