YaMarkets Review – Is it a Scam or Legit Broker (2021)
In this YaMarkets Review, we are going to take a look at the offer that this broker prepared for its traders. YaMarkets operates on the financial market since 2016. When it comes to trading platforms, the broker features Mt5, web trader. The YaMarkets minimum deposit is 1000 USD.To get more news about yamarkets review, you can visit wikifx.com official website.
We don’t have our own personal experience with YaMarkets. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider. While there is a decent chance that YaMarkets is not a scam, there is no reason to take the risk of trading trade with an unregulated broker, especially when considering there are hundreds of brokers regulated in the EU, Australia, Africa and the USA offering similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker IQ Option – 83% of retail CFD accounts lose money CFDs when trading CFDs with this provider , which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
It was founded in 2016, and it is regulated and sanctioned by the Vanuatu Financial Services Commission (VFSC) under the registrations number 14819. It is the brand name of YaMarkets Ltd in St. Vincent the Grenadines. The brokerage company offers 80+ CFDs instruments including cryptocurrency, forex, commodities, metals, stocks and indices. The brokerage firms offer various types of trading platforms, such as MetaTrader 4 and MetaTrader 5. In addition, YaMarkets offers four types of trading accounts such as Ultimate, Standard, Royale, ECN.
The deposit method of the YaMarkets is via Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, etc. The headquarters of the YaMarkets is located at Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.
The brokerage firm offers customer support service to the investors which is helpful for the traders to solve their problems regarding trading in the market. It is one of the best online brokers in the market which provides the best services and functions to investors.
Is YaMarkets Scam: Regulations
It is the legit broker in the market regulated and sanctioned by the Vanuatu Financial Services Commission (VFSC). The investor's money is completely secure and safe with YaMartkets because the broker will use the upgraded technology for trading.
Before starting trading with YaMarkets the traders need to deposit the initial amount of $10. After that, the brokerage firm doesn't charge any commission on all the trading accounts except ECN. The withdrawal process of the YaMarkets is very simple;