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No Regulation
Score
1.49 /10
Danger
Y5 MARKETS
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.87
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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 :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Y5 MARKETSReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodities/Indices |
| Demo Account | ✅ |
| Leverage | / |
| Spread | As low as 0.1 |
| Trading Platform | MT4(Mobile) |
| Min Deposit | $100 |
| Customer Support | / |
Y5 MARKETS Information
Y5 MARKETS is a broker. The tradable instruments include forex, commodities, and indices. The broker also provides demo accounts. The minimum spread is 0.1 and the minimum deposit is $100. Y5 MARKETS is still risky due to its unregulated status and inaccessible office website.
Pros and Cons
| Pros | Cons |
| 24/7 customer support | Unregulated |
| MT4 available | No contact |
| Demo account available | Unspecific fees information |
| Various tradable instruments | Inaccessible office website |
Is Y5 MARKETS Legit?
Y5 MARKETS is not regulated, which makes it less safe than regulated brokers.
What Can I Trade on Y5 MARKETS?
Traders can choose different investment directions because the broker provides forex, commodities, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Y5 MARKETS provides standard STP and demo accounts. Newbies can first invest through a demo account without real funds.
| Account Type | Supported |
| Standard STP | ✔ |
| Demo | ✔ |
Y5 MARKETS Fees
The spread is as low as 0.1. The lower the spread, the faster the liquidity.
Trading Platform
Y5 MARKETS has an authoritative MT4 trading platform for Mobile. Junior traders prefer MT4 over MT5.
| Trading Platform | Supported | Available Devices |
| MT4 | ✔ | Mobile |
Deposit and Withdrawal
The minimum deposit is $100. Deposit and withdrawal methods include VISA, Skrill, MasterCard, and more.
Customer Support Options
24/7 customer support and no contact information.
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