Yazhi Market-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

Yazhi Market, a trading name of Yazhi Market Limited, is allegedly incorporated in Saint Vincent and the Grenadines as an international business company with the registration number 25774BC. The broker claims to provide its clients with over 100 tradable financial instruments with flexible leverage up to 1:500 and variable spreads from 0.3 pips on the advanced MetaTrader5 trading platform, a choice of three different live account types, as well as PAMM/MAM, copy trading, Algo trading service and 24/5 customer support service. Here is the home page of this brokers official site:

As for regulation, it has been verified that Yazhi Market does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.69/10. Please be aware of the risk.

Market Instruments

Yazhi Market advertises that it offers access to more than 100 trading instruments in financial markets, covering 60 forex currency pairs, 2 metals, 12 indices and 18 cryptocurrencies. Some other trading assets like shares are also available at Yazhi Market.

Account Types

Apart from demo accounts, Yazhi Market claims to offer three types of trading accounts, namely Classic, Premium and VIP. The minimum initial deposit amount is $50 for the Classic account, while the other two account types have much higher minimum initial capital requirements of $250 and $5,000 respectively.

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Classic or Premium account can enjoy the maximum leverage of 1:500, while the VIP account holders can experience leverage of 1:200. 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.

Spreads & Commissions

Yazhi Market claims that different account types can enjoy quite different spreads. Specifically, the spread on the Classic account starts from 0.9 pips, the Premium account has spreads from 2 pips, while only the VIP account members can enjoy the tightest spreads from 0.3 pips.

As for commissions, the commission is $10 per 100k traded on the Classic account and $6 per 100K traded on the VIP account, while the clients on the Premium account can enjoy zero commission.

Trading Platform Available

The platform available for trading at Yazhi Market is the worlds most trusted and popular MetaTrader5, supported for Desktop, Mac IOS, Linux and Android. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

Yazhi Market says to work with numerous means of deposit and withdrawal choices, consisting of Skrill, Neteller, Perfect Money, WebMoney and Stic Pay, as well as crypto wallets of Bitcoin, Ethereum and Tether. The minimum deposit and withdrawal amount are both $50. There are no deposit and withdrawal fees charged. As for the processing time of deposit and withdrawal requests, deposits require 1 hour to process, while withdrawal requests can take up to 24-72 hours.

Customer Support

Yazhi Market‘s customer support can be reached by telephone: +44 2033 263 734, email: support@yazhimarket.com or send messages online to get in touch. You can also follow this broker on social media platforms such as Twitter, Facebook and LinkedIn. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.