YAIBrokers Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.yaibrokers.com/signup, the company's legitimate regulatory information CambodiaSERCCommon Financial Service License, to enhance the security of the company's address 1st Floor, Frist St. Vincent Bank Ltd Building, Jame Street, Kingstown, VC, Saint Vincent & Grenadines..
YAIBrokers Forex Broker
Basic information
Canada
2-5 years Regulated in Cambodia Common Financial Service License Suspicious Scope of Business Suspicious Overrun Medium potential riskCompany profile
YAIBrokers Information
YAIBrokers, founded in 2021, is a brokerage registered in Canada. The trading instruments it provides cover 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency.
Pros and Cons
| Pros | Cons |
| Regulated | No commission information |
| Wide range of trading instruments | No Islamic account |
| Generous leverage up to 1:2000 | No MT4 supported |
| MT5 supported | Exceeded license |
| Copy trading available | |
| Demo account available | |
| Low min deposit |
Is YAIBrokers Legit?
YAIBrokers is regulated by SERC in Cambodia. Its current status is exceeded.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Cambodia | SERC | YAI Trading Co., Ltd. | Common Financial Service License | 033 | Exceeded |
What Can I Trade on YAIBrokers?
YAIBrokers offers traders 500 types of instruments - forex, indices, energy, precious metals, cryptocurrency to trade.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energy | ✔ |
| Precious metals | ✔ |
| Cryptocurrency | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Types
YAIBrokers offers 4 different types of accounts to traders - Professional Account, Standard Account, FIXED SPREAD Account, ZERO SPREAD Account. It also provides demo accounts.
| Account Type | Professional Account | Standard Account | FIXED SPREAD Account | ZERO SPREAD Account |
| Spreads | Tight, Floating | Competitive, Floating | Fix spread | Fix spread |
| Leverage | Up to 2000 | Up to 2000 | Up to 200 | Up to 200 |
| Margin/Stopout | 100%/50% | 100%/50% | 150%/100% | 150%/100% |
| Instruments | Fx, Gold, Energy, Stock, Index | Forex, Gold | Forex, Gold | Forex, Gold |
| Currencies | USD, KHR, THB | USD, KHR, THB | USD, KHR, THB | USD, KHR, THB |
| Min deposit | 10 USD equivalent | 10 USD equivalent | 10 USD equivalent | 10 USD equivalent |
| Swap Free | Have | No Swap | Have | Have |
Trading Platform
YAIBrokers's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Web, Mobile |
| MT4 | ❌ |
Deposit and Withdrawal
The broker supports 6 types of deposit and withdrawal methods - Visa, Mastercard, Bank Wire Transfer, Skrill, Neteller, Internal Transfer. It charges no fees for deposits or withdrawals.
| Method | Account Base Currency | Fee/ Commissions | Min Deposit | Processing Time |
| Visa | USD, EUR, GBP | Free | 500 USD/EUR/GBP | Instant |
| Mastercard | USD, EUR, GBP | Free | 500 USD/EUR/GBP | Instant |
| Bank Wire Transfer | USD, KHR, THB | Free | 5 USD | Instant |
| Skrill | USD, EUR, GBP | Free | 500 USD/EUR/GBP | Instant |
| Neteller | EUR, GBP | Free | 500 EUR/GBP | Instant |
| Internal Transfer | USD, USC | Free | No minimum amount | Instant |
Copy Trading
YAIBrokers's copytrading offers an opportunity to follow good traders and monitor the markets to traders.