Abstract:YLD FX Ltd., based in Malaysia, offers trading services purportedly regulated by Malaysia's LFSA with License Number MB/21/0069, though concerns have been raised regarding the authenticity of this regulation, suggesting a potential clone or counterfeit situation. The company provides access to a variety of tradable assets, including stocks, indices, forex, and cryptocurrencies, through the MetaTrader 5 (MT5) trading platform. Customer support is available via telephone at +60 87 43 00 17 and email at sales@yldfx.com, although information on the website is limited. Traders considering engagement with YLD FX should proceed with caution, conducting thorough research and due diligence due to uncertainties surrounding its regulatory status and limited available information.
Note: YLD FXs official website: https://www.yldfx.net is currently inaccessible normally.
YLD FX Review Summary | |
Founded | 2019 |
Registered Country/Region | Malaysia |
Regulation | (LFSA)Suspicious Clone |
Market Instruments | Forex, indices, stocks, cryptocurrencies |
Demo Account | ❌ |
Leverage | / |
Spread | / |
Trading Platform | MetaTrader 5 |
Min Deposit | / |
Customer Support | Email: sales@yldfx.com |
Phone: +60 87 43 00 17 |
YLD FX is a Malaysian broker that was established in 2019 and uses the MetaTrader 5 platform to trade equities, indices, cryptocurrencies, and forex. The company was accused of using a cloned LFSA license, raising questions about its legality even though it offers a variety of trading products and cutting-edge technology.
Pros | Cons |
MetaTrader 5 with advanced tools | Suspicious clone |
multiple market instruments | No demo account |
Multi-device compatibility | Limited information about fees and operations |
The clone license of YLD FX is suspicious, and it poses significant concerns.
Regulatory Status | Suspicious clone |
Regulated by | Malaysia (LFSA) |
Licensed Institution | YLD FX Ltd. |
Licensed Type | Straight Through Processing (STP) |
Licensed Number | MB/21/0069 |
For global financial markets, YLD FX offers multiple trading instruments, including forex, stocks, indices, and cryptocurrencies,
Tradable Instruments | Supported |
Forex | ✔ |
Crypto | ✔ |
Indexes | ✔ |
Stock | ✔ |
Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
MetaTrader 5 | ✔ | Desktop, Web, Mobile | Traders of all levels |
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