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No Regulation
Score
1.47 /10
Danger
YorkBit
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.68
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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 :
2025-01-10
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| YorkBit Review Summary | |
| Founded | 2017 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Digital currency |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | Proprietary platform |
| Min Deposit | / |
| Customer Support | Email: support@yorkbit.com |
| Address: District of Lovech, Ul. Dimitar lkonomov 56,Troyan, 5600, BULGARIA | |
YorkBit was registered in the United Kingdom in 2017 and is not regulated. It supports digital currency trading and conducts transactions through its own platform.
Pros and Cons
| Pros | Cons |
| Multiple account types | Unregulated status |
| Limited tradable asset classes | |
| No demo accounts | |
| No MT4/5 | |
| Unknown payment methods | |
| Limited contact channels |
Is YorkBit Legit?
No, YorkBit is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on YorkBit?
| Tradable Instruments | Supported |
| Digital currency | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit | Max Deposit |
|---|---|---|
| Explorer | $500 | $2,499 |
| Basic | $2,500 | $9,999 |
| Silver | $10,000 | $24,999 |
| Gold | $25,000 | $99,999 |
| Platinum | $100,000 | $499,999 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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