YEWTrading-Overview of Minimum Deposit, Leverage, Spreads

General Information

YEWTrading is allegedly a broker incorporated in England and Wales that provides its clients with the worlds most renowned MetaTrader4 platform, leverage up to 1:100 and low spreads on various tradable assets.

Market Instruments

YEWTrading advertises that it offers a wide variety of trading instruments in financial markets, including forex, CFD, futures, precious metals, foreign stocks, foreign ETFs/ETNs and cryptocurrencies.

Leverage

The maximum leverage ratio provided by YEWTrading is up to 1:100. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

YEWTrading didnt directly display any information about spreads on its official site. However, after testing on its trading platform, we found the spreads for EUR/USD start from 0.0 pips.

Trading Platform Available

When it comes to trading platforms available,YEWTrading says to give traders the worlds most widely-used MetaTrader4 platform. However, the downloadable version available on its official website is provided by a third party called Global Trade Finance.

Deposit & Withdrawal

From the logos shown at the bottom of the home page on YEWTradings official website, we found that this broker seems to accept deposits and withdrawals via some bank transfers. Unluckily, the only available way to deposit and withdraw is via two cryptocurrencies including Bitcoin and Tether.

Customer Support

YEWTrading doesnt disclose any direct contact information like telephone numbers, email or company address while most brokers offer. The only way to get in contact with this broker is through sending messages online and then just being patient to wait for their reply.