YEWTrading Forex Broker

Note: YEWTrading's official website: https://www.yew-trading.net is currently inaccessible normally.YEWTrading Review SummaryFounded2021Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsForex, CFD, futures, precious metals, foreign stocks, foreign ETFs/ETNs and cryptocurrenciesDemo Account❌Leverage1:100EUR/USD SpreadFrom 0 pipsTrading PlatformMetaTrader4 (Fake)Min Deposit/Customer Support/ YEWTrading is a financial institution registered in the United Kingdom in 2021. It operates without regulatory oversight. It claims to offer trading in forex, CFD, futures, precious metals, foreign stocks, foreign ETFs/ETNs and cryptocurrencies via the industry-leading MT4 platform, but since its website is unavailable, detailed information about trading tools, fees, or minimum deposit cannot be obtained.Pros and ConsPros Cons Various trading marketsInaccessible websiteLack of regulationNo demo accountsNo reliable trading platformNo contact channelIs YEWTrading Legit? YEWtrading is not regulated by any authority. YEWtrading claims to be registered in the United Kingdom, but upon checking the registration information with the Financial Conduct Authority (FCA) of the UK, we could not find any information about YEWtrading. In addition, the domain of this company was registered on October 31, 2021, updated on September 26, 2024, and is set to expire on October 31, 2025.What Can I Trade on YEWtrading? YEWTrading advertises that it offers a wide variety of trading instruments in financial markets, including forex, CFD, futures, precious metals, foreign stocks, foreign ETFs/ETNs and cryptocurrencies.Trading AssetAvailableForex✔CFD✔Futures✔Precious metals✔Foreign stocks✔Foreign ETFs/ETNs✔Cryptocurrencies✔Commodities❌Indices❌Leverage The maximum leverage provided by YEWTrading is 1:100, which is relatively reasonable. However, you should not forget that Yew Trading is not trustworthy, and it is advisable for you to choose the services of a legitimate, licensed broker.Spread YEWTrading didnt directly display any information about spreads on its official site. However, after testing on its trading platform, we found the spreads for EUR/USD starting from 0.0 pips.Trading Platform YEWtrading offers the professional MetaTrader 4 platform. However, the issue is that the terminal we accessed is not that of this broker, but rather belongs to another broker, Global Trade Finance. Even worse, we were unable to initiate any transactions.Trading PlatformSupported Available Devices Suitable forMT4✔WebBeginnersMT5❌/Experienced tradersDeposit and withdrawal The only way to deposit and withdraw funds with YEWtrading is through two cryptocurrencies: Bitcoin and Tether. Please beware of brokers that only accept cryptocurrency payments, as such payments are irreversible.