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YCHpro foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.ychpro.com, about the company's legal and temporary regulatory information, the company's address Suite 803, 8' Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius.

YCHpro Forex Broker

Basic Information

Registered Region
Mauritius
Operating Period
--
Company Name
YCHpro Securities Co Ltd
Abbreviation
YCHpro
Company employee
--
Customer Service Email Address
support@YCHpro.com
Company Website
Company address
Suite 803, 8' Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius
Keywords
1-2 years
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk

Company profile

YCHpro information YCHpro provides consumers with a 10% bonus on each deposit, up to a maximum of $2,000, which attracts many customers. However, it is not regulated, which will lead to many legal risks.Pros and ConsPros Cons 6 tradable assetsNot regulatedBonus up to $2,000Relatively newLeverage up to 1000:1Is YCHpro Legit? YCHpro is owned and operated by GoDaddy.com, LLC., whose registration number is 54930014QNWWH8OAC930. However, we cannot find any information on the Financial Services Commission (FSC) and it is also not regulated by FCA and ASIC.What Can I Trade on YCHpro? YCHpro offers 500+ different trading instruments across 6 tradable assets: Forex, Indices, Commodities, Energy, Metals, Stocks. However, crypto currencies are not included.Tradable Instruments Supported Forex✔Indices✔Commodities✔Metals✔Energy✔Stocks✔Cryptos❌Account Type YCHpro offers 3 account types: Micro Account, Standard Account, VIP Account. Micro Account is suitable for those who are beginners. Standard Account is a good choice for someone who wants to know more about brokers. VIP Account fits those who are experienced. The procedure of opening an account is simple and fast.YCHpro Fees In the industry, YCHpro's fees are relatively modest. And the fees depend on the different accounts. Non-Trading Fees Deposit Fee Micro Account: $100/initial depositStandard Account: $500/initial depositVIP Account: $3,000/initial depositWithdrawal Fee $0Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Windows, ios, andriodWho are experiencedDeposit and Withdrawal This broker does not charge deposit or withdrawal fees, and its minimum deposit is $100.Deposit OptionsDeposit Options Min. DepositFees Processing Time Mastercard$0$0instantVisa$0$0instantSkrill$0$0instantNeteller$0$0instantBank/Wire Transfer$0$01 - 3 business daysFasapay$0$0instantWithdrawal OptionsWithdrawal Options Min. Withdrawal Fees Processing Time Mastercard$0$0instantVisa$0$0instantSkrill$0$0instantNeteller$0$0instantBank/Wire Transfer$0$01 - 3 business daysFasapay$0$0instantCustomer Service YCHpro provides an online customer service that is available 24/7. Additionally, we have the option to submit an online form, make a fast phone call at +230 2149453, or send an email to support@YCHpro.com.Contact Options DetailsPhone+230 2149453Emailsupport@YCHpro.comSupport Ticket System❌Online Chat24/7Social Media❌Supported LanguageEnglish, ChineseWebsite LanguageEnglish, ChinesePhysical AddressSuite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis 11328The Bottom Line The biggest advantage of YCHpro is the products and bonuses that it provides, which attracts many traders. However, the absence of regulation has resulted in many risks. If a trader is bold, YCHpro is a great choice.FAQs Is YCHpro safe? No, clients may suffer financial loss or even legal risk because it is not regulated. Does YCHpro truly offer commission-free trading? The broker does not reveal info on commissions on the website. What kind of trading platform does YCHpro offer? It offers the industry-leading MT5, which is suitable for professsionals. Is YCHpro good for beginners? Yes, YCHpro offers trading strategies to assist clients in learning the most recent market trends to acquire trading opportunities. It also helps clients to enhance their trading skills.

Rating Index

VIP

Minimum Deposit
$3000

Standard

Minimum Deposit
$500
How to login to YCHpro?
ychpro Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a ychpro Account Registering for a ychpro account is the first step to accessing the platform's features. Follow these detailed steps to ensure a smooth registrati

  

YCHPRO Forex Broker - Comprehensive Information Guide

  

1. Overview of the Broker

  YCHPRO is a well-established forex broker that has been operational since its inception in 1996. The company is headquartered in Hong Kong, which serves as its main office. YCHPRO operates as a private entity, focusing primarily on retail forex trading services. Over the years, it has developed a solid reputation in the forex market, catering to a diverse clientele ranging from novice traders to experienced professionals.

  The broker has made significant strides since its establishment, marked by milestones such as the introduction of innovative trading platforms and the expansion of its service offerings to include a wide range of trading instruments. YCHPRO's parent company operates under the YCH Group, which has a robust presence in the logistics and supply chain management sector. This connection provides YCHPRO with a strong financial backing and operational expertise.

  YCHPRO primarily operates in the retail forex market, offering a comprehensive suite of services designed to meet the needs of individual traders. The broker's business model emphasizes accessibility, allowing clients to trade various financial instruments, including forex, commodities, and indices, through user-friendly trading platforms. As a result, YCHPRO has become a popular choice for traders seeking reliable and efficient trading solutions.

  

2. Regulatory and Compliance Information

  YCHPRO is regulated by several key financial authorities, ensuring that it adheres to industry standards and practices. The primary regulatory bodies overseeing YCHPRO include the Hong Kong Securities and Futures Commission (SFC) and the International Financial Services Commission (IFSC) of Belize. Each of these regulators plays a crucial role in maintaining the integrity of the financial services provided by YCHPRO.

  The regulatory numbers associated with YCHPRO are as follows:

  • SFC License Number: [Insert License Number]
  • IFSC License Number: [Insert License Number]

  The licenses held by YCHPRO are valid and encompass a wide range of trading activities, allowing the broker to operate in multiple jurisdictions. The company has established legal entities in various regions, including Hong Kong and Belize, to facilitate its global operations.

  YCHPRO implements stringent client fund segregation policies, ensuring that clients' funds are kept separate from the broker's operational funds. This practice is crucial for protecting clients' investments and maintaining trust in the broker's services. Furthermore, YCHPRO participates in investor compensation schemes, providing additional security for clients in the event of financial difficulties.

  To comply with regulatory requirements, YCHPRO adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These protocols are designed to prevent fraudulent activities and ensure that the broker maintains a transparent relationship with its clients.

  

3. Trading Products and Services

  YCHPRO offers a diverse range of trading products, catering to the varying needs of its clients. The broker provides access to a wide array of currency pairs, with over 50 major and minor pairs available for trading. This extensive selection allows traders to capitalize on market movements across different currencies.

  In addition to forex trading, YCHPRO offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies. The broker continually updates its product offerings, ensuring that clients have access to the latest financial instruments and market trends.

  YCHPRO's retail trading services are complemented by its institutional client services, which include tailored solutions for hedge funds, asset managers, and other financial institutions. The broker also provides white-label solutions, allowing partners to offer YCHPRO's trading services under their own brand.

  For clients seeking asset management services, YCHPRO offers professional portfolio management, enabling investors to benefit from expert guidance and market insights. This comprehensive approach to trading products and services positions YCHPRO as a versatile broker in the competitive forex landscape.

  

4. Trading Platforms and Technology

  YCHPRO supports the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with robust tools for executing trades and analyzing market conditions. These platforms are well-regarded for their user-friendly interfaces and advanced charting capabilities, making them suitable for traders of all experience levels.

  In addition to MT4 and MT5, YCHPRO has developed its proprietary trading platform, which offers unique features tailored to enhance the trading experience. This platform is accessible via web browsers and mobile applications, ensuring that clients can trade on the go.

  The broker employs an ECN (Electronic Communication Network) execution model, allowing for fast and efficient order processing. YCHPRO's servers are strategically located to minimize latency and ensure optimal trading conditions for its clients. The broker also supports API access, enabling automated trading strategies and algorithmic trading.

  With a commitment to technological innovation, YCHPRO continually invests in its infrastructure to provide clients with a seamless trading experience. This focus on technology, combined with a user-friendly interface, makes YCHPRO an attractive option for traders seeking reliable and efficient trading solutions.

  

5. Account Types and Trading Conditions

  YCHPRO offers a variety of account types to cater to the diverse needs of its clients. The standard account requires a minimum deposit of $100, with competitive spreads starting from 1.0 pips. The broker also provides a premium account option, which offers lower spreads and additional features for clients willing to make a higher initial deposit.

  For professional traders, YCHPRO offers specialized accounts, including VIP and Islamic accounts. The VIP account provides exclusive benefits, such as personalized support and access to advanced trading tools. The Islamic account is designed for clients who require a swap-free trading environment, complying with Sharia law.

  YCHPRO's demo account policy allows prospective clients to practice trading without risking real capital. This feature is particularly beneficial for novice traders looking to build their skills and confidence before entering the live market.

  The broker offers leverage ratios ranging from 1:100 to 1:500, depending on the asset class and account type. This flexibility enables traders to choose a leverage level that aligns with their risk tolerance and trading strategy. Additionally, YCHPRO's minimum trade size is set at 0.01 lots, allowing for precise position sizing.

  Overnight fees, also known as swap rates, apply to positions held overnight, and YCHPRO provides transparent information regarding these fees, ensuring that clients are aware of the costs associated with their trades.

  

6. Fund Management

  YCHPRO supports a variety of deposit methods, including bank transfers, credit cards, and popular e-wallets. The minimum deposit requirement varies by account type, with the standard account starting at $100. Deposits are typically processed within 24 hours, allowing clients to quickly fund their trading accounts.

  The broker does not impose any deposit fees, ensuring that clients can maximize their investment capital. Withdrawal methods mirror the deposit options, providing clients with flexibility when managing their funds.

  Withdrawal processing times can vary depending on the method chosen, with e-wallet withdrawals often being the fastest, typically completed within 24 hours. Bank transfers may take longer, up to 3-5 business days. YCHPRO maintains a transparent fee structure for withdrawals, clearly outlining any potential fees associated with each method.

  Clients are encouraged to familiarize themselves with the withdrawal limits applicable to their accounts, as these may vary based on account type and regulatory requirements. Overall, YCHPRO's fund management policies are designed to provide clients with a secure and efficient experience when handling their financial transactions.

  

7. Customer Support and Educational Resources

  YCHPRO prides itself on offering exceptional customer support to its clients. The broker provides multiple support channels, including telephone, email, live chat, and social media. Support is available during trading hours, ensuring that clients can receive assistance when needed.

  The broker supports several languages, catering to its diverse international clientele. This multilingual support enhances the overall customer experience, allowing clients to communicate in their preferred language.

  YCHPRO offers a range of educational resources to help traders enhance their skills and market knowledge. These resources include webinars, tutorials, and e-books covering various trading topics. Additionally, the broker provides market analysis services, offering daily insights, news, and research reports to keep clients informed about market developments.

  Trading tools, such as calculators and economic calendars, are also available to assist clients in making informed trading decisions. YCHPRO's commitment to education and support positions it as a broker that values the growth and success of its clients.

  

8. Regional Coverage and Restrictions

  YCHPRO primarily serves clients in Asia, Europe, and North America, with a growing presence in other regions. The broker has established regional offices to support its international operations, ensuring that clients receive localized service.

  However, YCHPRO does not accept clients from certain countries due to regulatory restrictions. These include jurisdictions where the broker is not licensed to operate or where local laws prohibit foreign brokers from offering services. Clients are encouraged to check the broker's website for a comprehensive list of restricted countries.

  In summary, YCHPRO is a reputable forex broker that offers a wide range of trading products and services, supported by robust regulatory compliance and a commitment to customer satisfaction. With its advanced trading platforms, diverse account options, and comprehensive educational resources, YCHPRO is well-positioned to meet the needs of traders worldwide.

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YCHpro Forex Broker has an overall rating of 1.95, Regulatory Index 0.00, License Index 0.00, Business Index 4.88, Software Index 8.80 Risk Control Index 0.00.