User Reviews
More
User comment
28
CommentsWrite a review
Score
Saint Vincent and the Grenadines
5-10 yearsRegulated in Mauritius
Retail Forex License
MT4 Full License
Regional Brokers
Suspicious Overrun
Medium potential risk
Offshore Regulated
Influence
Add brokers
Comparison
Quantity 5
Exposure
Score
Regulatory Index5.87
Business Index7.24
Risk Management Index8.22
Software Index8.50
License Index5.87
Single Core
1G
40G
More
Company Name
YAMARKETS LIMITED
Company Abbreviation
YaMarkets
Platform registered country and region
Saint Vincent and the Grenadines
Company website
X
YouTube
35724021651
Company summary
Pyramid scheme complaint
Expose
YaMarketsReview Summary | |
Founded | 2016-08-23 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Offshore regulated(SFC)/Exceeded(FSCA) |
Market Instruments | Indices/Stocks/Currencies/Crypto Currencies |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 0 pips |
Trading Platform | MT4/MT5(Web/Mobile/Desktop) |
Min Deposit | $1 |
Customer Support | Phone: +971 44106735 |
Email: support@yamarkets.com | |
Facebook/Twitter/LinkedIn/Instagram/Pinterest/YouTube | |
Live chat |
Established in 2016, YaMarkets offers a trading environment for Contracts for Difference (CFDs), encompassing FX currency pairs, stock indexes, metals, and energy. The broker also provides five accounts with a maximum leverage of 1:1000. The minimum spread is from 0 pips and the minimum deposit is $1. YaMarkets is still risky due to its offshore regulated and exceeded status, high leverage, and bad reviews about difficulty withdrawing money.
Pros | Cons |
MT4/MT5 available | Offshore regulated/Exceeded |
Spread as low as 0 pips | High max leverage |
Demo account available | Negative comments about difficulty in withdrawal |
Various tradable instruments | Unspecific transfer time and fee information |
No 24/7 customer support |
YaMarkets regulates FSC and FSCA with license numbers C165091 and 51192 respectively. The License Types are Retail Forex License and Financial Service Corporate respectively. However, the 'offshore regulated' and 'Exceeded' current status is less safe than the regulated one.
YaMarkets offers access to 100+ market instruments, including indices, stocks, currencies, and cryptocurrencies.
Tradable Instruments | Supported |
Indices | ✔ |
Stocks | ✔ |
Currencies | ✔ |
Crypto Currencies | ✔ |
Forex | ❌ |
Commodities | ❌ |
Precious Metals | ❌ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
YaMarkets has five account types: ultimate, standard, royale, ECN, and women thrive. Traders who want low spreads can choose a Women Thrive account and those who want a low leverage and with a sufficient budget can choose an ECN account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
Account Type | Ultimate | Standard | Royale | ECN | Women Thrive |
Minimum Deposit | $10 | $500 | $2500 | $5000 | $1 |
Minimum trading volume | 0.01 | 0.01 | 0.01 | 0.01 | - |
Swap free account | Yes | Yes | Yes | Yes | 7 days free |
Spread starts from | 1.8 pips | 1.5 pips | 1 pips | 0.1 pips | 0 |
Commission | No | No | No | Yes | $2 |
Leverage | 1:1000 | 1:1000 | 1:500 | 1:200 | 1:300 |
The spread starts from 0 pips andthe commission is from 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
YaMarkets cooperates with the authoritative MT4 and MT5 trading platforms, which are available on the Web, Windows, iOS, Android, and APK File. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Web/Mobile/Desktop | Junior traders |
MT5 | ✔ | Web/Mobile/Desktop | Experienced traders |
The first deposit amount must be $1 or above. YaMarkets accepts Mastercard, Bank Transfer, Lipi, Visa, Phonepe, Net Banking, and Pay App for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
If you are a woman who wants to earn and inspire other women. YaMarkets brings you an exclusive earning opportunity of a lifetime. You can join it's Become Women Brand Ambassador program.
YaMarkets Announces Exciting Christmas Offer! YaMarkets is spreading cheer with an exclusive Christmas offer that's sure to delight traders. For a limited time, new and existing clients can enjoy a Tradable Bonus of up to 30% on their deposits.
YaMarkets has recently introduced the YaMarkets Al-Trade Analysis Tool. Traders can now leverage YaMarkets Al to enhance their trading strategies and optimize their performance in the dynamic financial markets.
Founded in 2016, YaMarkets is a forex broker based in Saint Vincent and the Grenadines, offering trading services, including Forex, Commodities, Indices, and Cryptocurrencies. The broker also provides access to both the popular MetaTrader 4 and MetaTrader 5 trading platforms.
More
User comment
28
CommentsWrite a review