YORKCG

Note: YORKCG's official website: https://yorkcg.com/ is currently inaccessible normally.

YORKCG Information

YORKCG is an unregulated broker, offering trading on Forex, indices, commodities, precious metals, stocks and cryptocurrency CFDs with leverage up to 1:400 and spread floating around 3 pips via a web-based trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as €250.

Pros and Cons

Is YORKCG Legit?

No. YORKCG has no valid regulations currently. Please be aware of the risk!

What Can I Trade on YORKCG?

Account Type

Here are four account types YORKCG offers:

Leverage

Trading leverage differs depending on different trading accounts.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

The spread for EUR/USD on the YORKCG platform is 3 pips, much higher than the sector standard. Most brokers offer EUR/USD spreads between 1.0 pips and 1.5 pips.

Trading Platform

Deposit and Withdrawal

The broker accepts payments done via the standard Visa, MasterCard, bank wire, Vload and Bitcoin.

Withdrawal fee of 1 percent with a minimum of $30 and a maximum of $300 respectively.

Bonus

There is a hefty trading turnover requirement for accounts that have taken advantage of the bonus promotion. Every dollar in bonus promotions, a trader has to achieve a $50 000 trading volume.