Score

1.47 /10
Danger

YouTrade

United States

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Website

Score

Regulatory Index0.00

Business Index6.70

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! 2
Previous Detection : 2024-09-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

YouTrade · Company summary

Note: YouTrade's official website: http://en.esteemacfd.com/ is currently inaccessible normally.

YouTrade Information

YouTrade, a financial company registered on Jun 22, 2023, operates without valid regulation from regulatory bodies. This is the only information we can know about the company due to an inaccessible website and limited transparency through internet. Stay away from financial firms like this.

YouTrade

Is YouTrade Legit?

YouTrade operates without any valid supervision from any regulatory authorities, raising questions about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.

No license

Downsides of YouTrade

Unavailable website: YouTrade's website cannot be opened currently. We can't test their trading conditions and trading platforms.

Lack of transparency: The unavailable website and limited info through internet about the company leave traders in the dark about its current operational status and trading conditions.

Regulatory concerns: The absence of regulation indicates nonexistent compliance to industry standards of the broker. This brings you great risks to trade with them.

Conclusion

In conclusion, YouTrade is a financial company who has only been registered for one year and does not maintain functional website for investors to get necessary information. Worst of all, it operates without regulatory supervision and does not release any useful information on the Internet either.

You should get rid of such an extremely unreliable broker to save your investments and funds.

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FX1388511242
more than one year
6 months on profits on the account impossible to get hold of them and they will never contact you back numerous emails sent with no reply their phone lines are dead and when you do get though they say they can deal with your problem as they are only a call centre. Stay well-clear and away from all unlicensed scammers.
6 months on profits on the account impossible to get hold of them and they will never contact you back numerous emails sent with no reply their phone lines are dead and when you do get though they say they can deal with your problem as they are only a call centre. Stay well-clear and away from all unlicensed scammers.
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2023-03-16 17:28
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