youtradeFX Review

youtradeFX
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Overview

http://livingriver.eu/?p=370 youtradeFX is one of the few brokers that is legitimately licensed and regulated by the Australian Securities and Investments Commission (ASIC), the Financial Services Authority ( FSA) in UK and… more

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Details

Broker youtradeFX
Website URL www.youtradefx.com
Founded 2007
Headquarters London, England
Type of Broker No dealing desk, STP, DMA, ECN
Support Types Live Chat, E-mail, Phone
Languages English, French, Spanish, German, Russian, Italian, Arabic, Turkish, Portuguese, Hebrew, Japanese, Dutch and Viet Namese.
Trading Platform MT4, MT5, iPhone/iPad, WebTrader, MT4 Mobile Trader, YouTrader, Social Trading, AutoChartist
Minimum Deposit $500
Bonus up to 50% Bonus
Max Leverage 1:500
Spread 0.8 - 4
Free Demo Account Open Demo
Regulated Yes
Regulation FSA UK, FSC, ASIC
Hedging Yes
One-Click Execution Yes
OS Compatibility Mac, Microsoft Windows, Web, iPhone, iPad, Mobile
Account Types Mini Account, VIP Account, Segregated Account, Islamic Account (Swap Free), Institutional Accounts, Managed Accounts
Deposit Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal, Western Union, Neteller, WebMoney , Bank Guarentee, Credit Card Deposit by Phone, Custodian Banks, Debit Cards, ClickAndBuy,CashU,Union Pay, Liberty Reserve
Withdrawal Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal, Western Union, Neteller, WebMoney , Bank Guarentee, Credit Card Deposit by Phone,CashU,Union Pay, Liberty Reserve
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.1/5.0

Screenshots

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Pros

  • Payoneer MasterCard – allows low cost withdrawal of profits anywhere around the world with no hassle
  • Free Demo account
  • Peace of mind being a regulated company
  • Fixed Spreads
  • Daily market analysis
  • Chart of Daily Market
  • Analysis Provided by youtraderFX
  • Can trade CFDs, Stocks, Commodities as well
  • Low minimum deposit ($100) required to open a trading account
  • Good range of tools provided

Cons

  • Their educational section seems a little basic. This area can do with some improvement.

Review

youtradeFX is one of the few brokers that is legitimately licensed and regulated by the Australian Securities and Investments Commission (ASIC), the Financial Services Authority ( FSA) in UK and The Financial Services Commission (FSC) in Mauritius. Established in 2008 and chartered in Mauritus, the company operates from several satellite offices around the world. Apart from dealing with Forex, youtradeFX also deals with CFD’s, commodities and Stocks.

It’s rare to find a company that trys hard to establish its legitimacy around the world. Most internet brokers tend to focus on just one part of the world unlike youtradeFx. In this respect, youtradeFX is truly a globalized company. One can definitely be assured and feel secure when dealing with youtradeefx.

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