YABO MARKET LIMITED Forex Broker

Note: YABO MARKET LIMITED official site - http://www.yabomarket.com/en is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. YABO MARKET LIMITED Review Summary in 5 Points Founded 2022 Registered Country/Region United Kingdom Regulation Unregulated Market Instruments Forex, Spot and Futures, Stock Indexes, Commodities, CFDs and stock CFDs Demo Account Not disclosed Leverage Up to 1:400 EUR/USD Spread Not disclosed Minimum Deposit Not disclosed Trading Platform Not disclosed Customer Support Email, Address What is YABO MARKET LIMITED？ YABO MARKET LIMITED claims to be an online trading platform from the United Kingdom, offering wide array of market instruments including Forex, Spot and Futures, Stock Indexes, Commodities, CFDs and stock CFDs to its clients. Yet, ascertaining its compliance with regulatory norms or overall trustworthiness is complicated due to the unavailability of its website. The absence of regulation brings its authenticity into question. Through this article, we intend to conduct a comprehensive review of YABO MARKET LIMITED, taking into account diverse aspects of its offerings. Prospective users are advised to read through this piece completely for a profound insight. The closing section presents a concise summary outlining the platform's significant features for quick reference. Pros & Cons Pros Cons • Wide range of market instruments • Unregulated • Website inaccessible • Lack of transparency • Negative feedbacks from their customers • Not accept clients from the US YABO MARKET LIMITED offers a diverse array of market instruments to its clientele, which stands as a positive attribute. However, a host of concerning factors raise doubts about its credibility and reliability. Chief among these is its unregulated status, which leaves room for potential inconsistencies with standard financial practices. Additionally, its website's inaccessibility creates difficulties for users in evaluating its services and customer support availability. The platform also suffers from a lack of transparency concerning its operational practices and information such as spreads/commissions/trading platform etc. Consistent negative feedback from customers indicates potential difficulties and dissatisfaction regarding the services offered. Additionally, YABO MARKET LIMITED doesn't cater to clients from the United States, which limits its accessibility to traders globally. Potential users should carefully weigh these pros and cons before deciding. Is YABO MARKET LIMITED Safe or Scam？ When considering the safety of a brokerage like YABO MARKET LIMITED or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage: Regulatory sight: Currently, this broker is running without any legitimate regulatory supervision, fostering doubts about its legitimacy and trustworthiness. This worry is heightened by the broker's inaccessible website. It's vital to engage in comprehensive research and due diligence when involving oneself with any financial entity, particularly when clear cautionary indicators like these are evident. User feedback: On WikiFX, there are six reports pointing to suspicions of scams and difficulties with withdrawals, which heightens the potential risks associated with using their services. Therefore, it's vital to thoroughly research any financial platforms before getting involved with them. Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker. Ultimately, the decision whether to engage in trading with YABO MARKET LIMITED or not is a personal one, necessitating a careful evaluation of the pros and cons before arriving at a conclusion. Market Instruments Yabo Market Limited offers an extensive variety of financial derivatives to cater to a broad spectrum of investors. Forex trading involves trading on the price fluctuations of global currencies, both spot and futures. Spot forex trading allows investors to buy or sell currencies at their current market value, offering great liquidity and the ability to trade on slight price movements. Futures forex, on the other hand, are contracts to buy or sell a certain amount of currency at a set price on a future date, giving traders the potential for strategic hedging and speculation. Stock indexes are another instrument provided, enabling traders to speculate on the performance of a particular group of stocks representing a specific market or a sector. Commodities offer opportunities to invest in tangible assets such as gold, oil, or agricultural products, offering a good hedge against inflation and adding diversification to a trading portfolio. Contracts for Difference (CFDs) are derivative products that allow traders to speculate on the rise and fall of fast-moving global financial markets without owning the underlying asset. This includes forex, commodities, and indices. Lastly, stock CFDs, which are a type of contract that allows traders to speculate on price movements of publicly-traded companies' stocks, are also offered. This gives traders the opportunity to capitalize on short-term price movements without actually owning the shares. Leverage Yabo Market Limited offers an extensive trading leverage, maxing out at 1:400. However, when it comes to forex trading, they cap the leverage at 1:200. This high degree of leverage permits traders to control a significantly larger position with a relatively small amount of capital, potentially amplifying profits. However, traders should also understand that while leverage can increase potential returns, it similarly magnifies potential losses, underscoring the need for effective risk management strategies. User Exposure on WikiFX On WikiFX, there are six distinct reports highlighting instances of scams and withdrawal issues, all of which should be regarded as major red flags. We keenly encourage traders to thoroughly examine all related information before engaging any actual trading with this broker. Please refer to our platform before embarking on any trading ventures for vital information. If you encounter any dubious brokers or if you've fallen victim to such fraudulent practices, please report it in our “Exposure” section. This greatly assists our mission and our team of experts will quickly respond to handle the situation as effectively as possible. Customer Service Yabo Market Limited provides customer support from 07:30 to 23:30 (UTC+8). They can be contacted via telephone at +86 18694551630 and via email at support@yabomarket.com. For any postal communication or inquiries, their registered address is Flat 43 Perkins House Wallwood Street, London, England, E14 7AH. Conclusion YABO MARKET LIMITED, an online trading platform rooted in the UK, offers an expansive portfolio of market instruments such as Forex, Spot and Futures, Stock Indexes, Commodities, CFDs and Stock CFDs. However, several alarming indications bring its credibility into question. Among these concerns is its unregulated status, which could lead to risky scenarios contravening typical financial protocols. The inaccessibility of its website, coupled with negative customer feedbacks on WikiFX, implies a dearth of professionalism and responsibility, negatively impacting user experience. As a result, prospective traders considering YABO MARKET LIMITED should proceed judiciously, recognising the importance of regulatory compliance and transparency in a trading environment. It's highly recommended to opt for platforms that meet regulation standards. Frequently Asked Questions (FAQs) Q 1: Is YABO MARKET LIMITED regulated？ A 1: No. It has been verified that this broker currently under no valid regulations Q 2: At YABO MARKET LIMITED, are there any regional restrictions for traders？ A 2: Yes. The broker does not accept customers from the United States. Q 3: Is YABO MARKET LIMITED a good broker for beginners？ A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its unavailable website and negative customer feedbacks. Risk Warning Online trading involves significant 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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.