YaMarkets Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.yamarkets.com/register, the company's legitimate regulatory information MauritiusFSCRetail Forex License,South AfricaFSCAFinancial Service Corporate, to enhance the security of the company's address Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.
YaMarkets Forex Broker
Basic information
Saint Vincent and the Grenadines
5-10 years Regulated in Mauritius Regulated in South Africa Retail Forex License Financial Service Corporate MT4 Full License Regional Brokers Suspicious Overrun Medium potential risk Offshore RegulatedCompany profile
YaMarkets Information
Established in 2016, YaMarkets offers a trading environment for Contracts for Difference (CFDs), encompassing FX currency pairs, stock indexes, metals, and energy. The broker also provides five accounts with a maximum leverage of 1:1000. The minimum spread is from 0 pips and the minimum deposit is $1. YaMarkets is still risky due to its offshore regulated and exceeded status, high leverage, and bad reviews about difficulty withdrawing money.
Pros and Cons
| Pros | Cons |
| MT4/MT5 available | Offshore regulated/Exceeded |
| Spread as low as 0 pips | High max leverage |
| Demo account available | Negative comments about difficulty in withdrawal |
| Various tradable instruments | Unspecific transfer time and fee information |
| No 24/7 customer support |
Is YaMarkets Legit?
YaMarkets regulates FSC and FSCA with license numbers C165091 and 51192 respectively. The License Types are Retail Forex License and Financial Service Corporate respectively. However, the 'offshore regulated' and 'Exceeded' current status is less safe than the regulated one.
What Can I Trade on YaMarkets?
YaMarkets offers access to 100+ market instruments, including indices, stocks, currencies, and cryptocurrencies.
| Tradable Instruments | Supported |
| Indices | ✔ |
| Stocks | ✔ |
| Currencies | ✔ |
| Crypto Currencies | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
YaMarkets has five account types: ultimate, standard, royale, ECN, and women thrive. Traders who want low spreads can choose a Women Thrive account and those who want a low leverage and with a sufficient budget can choose an ECN account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
| Account Type | Ultimate | Standard | Royale | ECN | Women Thrive |
| Minimum Deposit | $10 | $500 | $2500 | $5000 | $1 |
| Minimum trading volume | 0.01 | 0.01 | 0.01 | 0.01 | - |
| Swap free account | Yes | Yes | Yes | Yes | 7 days free |
| Spread starts from | 1.8 pips | 1.5 pips | 1 pips | 0.1 pips | 0 |
| Commission | No | No | No | Yes | $2 |
| Leverage | 1:1000 | 1:1000 | 1:500 | 1:200 | 1:300 |
YaMarkets Fees
The spread starts from 0 pips andthe commission is from 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
YaMarkets cooperates with the authoritative MT4 and MT5 trading platforms, which are available on the Web, Windows, iOS, Android, and APK File. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web/Mobile/Desktop | Junior traders |
| MT5 | ✔ | Web/Mobile/Desktop | Experienced traders |
Deposit and Withdrawal
The first deposit amount must be $1 or above. YaMarkets accepts Mastercard, Bank Transfer, Lipi, Visa, Phonepe, Net Banking, and Pay App for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Rating Index
ECN
ROYALE
Similar Broker Info
Similar Broker Accounts
Similar Broker Safe
Similar Broker Review
Similar Broker Trade
Latest Reviews
五常
Hong Kong
Can't find the server. What happened to YAmarkets' server on MT5? Has anyone else experienced the same situation?
Exposure
2024-08-19
下一次看海约在哪
Hong Kong
Withdrawing funds is very difficult, I don't know what to do.
Exposure
2024-07-15
FX2806523874
Egypt
My niece added 500 USD, then she got 395 and tried to withdraw, and waited 20 hrs, then told her this "Dear Client, This is to inform you that your withdrawal request has been put on hold and forwarded to our team for further investigation into the trading activity associated with your account. Our Customer Service Executive will respond within 24 - 48 hours. If your query requires further investigation and takes a longer time, we will keep you informed on the time required for resolution. Please note, if any suspicious activity is found, then the request will either be rejected or canceled. We request your patience and understanding in the interim." she even didn't get 50% bonus to say something like that!! don't add your money with this company, they will steal your money
Exposure
2024-10-24