English

YFX Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.yfxcapital.com/traders_room/en/real/create, about the company's legal and temporary regulatory information, the company's address .

YFX Capital Forex Broker

Basic Information

Registered Region

Marshall Islands

Operating Period

Company Name

TW Capital LTD

Abbreviation

YFX Capital

Company employee

Customer Service Email Address

support@yfxcapital.com

Contact Number

442080684238

Company Website

https://www.yfxcapital.com/

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

AspectInformationRegistered CountryMarshall IslandsFounded Year2-5 yearsCompany NameTW Capital LTDRegulationUnregulatedMinimum Deposit$250 - $25,000 (depending on account type)Maximum Leverage1:100 - 1:400 (depending on account type)Spreads0.3 pips - 3.0 pips (depending on account type)Trading PlatformsMetaTrader 4 (MT4)Tradable AssetsForex, Indices, Commodities, Share CFDsAccount TypesMini, Silver, Gold, PlatinumCustomer SupportPhone: English +442080684238, Spanish +34935504852, Email: support@yfxcapital.comPayment MethodsVisa, MasterCard, Bank wireOverview of YFX Capital YFX Capital, operated by TW Capital LTD in the Marshall Islands, has been active for 2-5 years in the trading industry. YFX Capital provides a range of market instruments for trading, including diverse Forex pairs encompassing major, minor, and exotic currencies. In addition, traders can speculate on indices such as S&P 500, FTSE 100, and Nikkei 225, engage in commodities trading, and access Share CFDs on notable companies like Apple, Amazon, and Google. The brokerage offers various account types. Leverage options are available, ranging from 1:100 to 1:400. YFX Capital presents a fee structure with spreads varying between 0.3 pips to 3.0 pips on different accounts. Pros and ConsProsConsOffers diverse Forex instrumentsPotential risks due toProvides indices and commodities trading optionsReports of withdrawal challenges and potential fraudOffers CFDs on shares for stock price speculationUnregulated statusOffers a range of account types with varying minimum deposit requirementsLack of transparency on withdrawal detailsOffers leverage up to 1:400Spreads from 0.3 pipsUtilizes the widely used MetaTrader 4 platformIs YFX Capital Legit? YFX Capital lacks proper regulation, with forex trading falling outside the scope of oversight by the government of the Marshall Islands. Market Instruments Forex: YFX Capital provides diverse Forex instruments, encompassing major, minor, and exotic currency pairs like EUR/USD, GBP/JPY, and USD/SGD. Traders can profit from currency exchange rate fluctuations. Indices: YFX Capital offers index market instruments such as S&P 500, FTSE 100, and Nikkei 225. Traders can speculate on overall market trends without direct asset ownership. Commodities: YFX Capital includes commodities like gold, silver, crude oil, corn, and soybeans. Traders can engage in price speculation based on global supply and demand factors. Share CFDs: YFX Capital features CFDs on shares like Apple, Amazon, and Google, allowing traders to profit from stock price changes without owning the actual shares.Account Types MINI ACCOUNT: YFX Capital's Mini Account is designed for traders looking to start with a modest deposit of $250. The minimum trade size is 0.01 lots, allowing traders to engage in smaller positions. With a maximum leverage of 1:400, traders have the potential to amplify their trading exposure. The spreads for this account type are fixed at 3.0 pips. SILVER ACCOUNT: YFX Capital's Silver Account offers a benchmark trading experience with a maximum leverage of 1:400. The minimum deposit is $2500, and traders can choose fixed spreads from 1 pip or variable spreads from 0.5 pips. It covers Forex, Indices, Commodities, and Share CFDs, with a minimum position size of 0.1 lots (10,000 units). GOLD ACCOUNT: The Gold Account requires a minimum deposit of $10,000 and provides fixed spreads from 0.7 pips or variable spreads from 0.5 pips. It includes Forex, Indices, Commodities, and Share CFDs, maintaining a minimum position size of 0.1 lots (10,000 units). PLATINUM ACCOUNT: YFX Capital's Platinum Account demands a &25,000 minimum deposit and offers fixed spreads from 0.4 pips or variable spreads from 0.3 pips. It covers Forex, Indices, Commodities, and Share CFDs, with a consistent minimum position size of 0.1 lots (10,000 units).Leverage YFX Capital offers leverage options to traders, allowing them to amplify their trading exposure. Leverage ratios range from 1:100 to 1:400. Spreads & Commissions YFX Capital offers a fee structure with spreads ranging from 0.3 pips to 3.0 pips on different account types. There are no additional commissions charged on trades.Minimum Deposit YFX Capital offers a range of account types with varying minimum deposit requirements, starting from $250.Deposit & Withdraw YFX Capital allows deposits and withdrawals exclusively through Visa, MasterCard, and Bank wire methods. MetaTrader 4 (MT4) YFX Capital offers MetaTrader 4 (MT4) as one of its primary trading platforms. MT4 is accessible through desktop applications, web-based interfaces, and mobile apps. This versatile platform enables traders to execute transactions and monitor the market across various devices. Its user-friendly interface and comprehensive charting tools aid in technical analysis. Additionally, MT4 supports automated trading through Expert Advisors (EAs), providing traders with algorithmic trading capabilities.Customer Support For English inquiries, customers can reach them at 442080684238, while Spanish-speaking clients can contact them at 34935504852. Additionally, support can be accessed via email at support@yfxcapital.com. Reviews YFX Capital's WikiFX reviews express worries about pyramid schemes, withdrawal challenges, and potential fraud. A specific case from September 7, 2020, details failed withdrawal attempts following a broker's advice and requests for more deposits. FAQs Why is the main website of YFX Capital unavailable? YFX Capital's main website is currently inaccessible, potentially due to technical issues or maintenance. What trading instruments does YFX Capital offer? YFX Capital provides a variety of trading instruments, including Forex, indices, commodities, and share CFDs, enabling traders to speculate on various market trends. How can I contact YFX Capital's customer support? English-speaking customers can contact YFX Capital at 442080684238, while Spanish-speaking clients can reach them at 34935504852. Alternatively, support can be reached via email at support@yfxcapital.com. What trading platform does YFX Capital offer? YFX Capital provides MetaTrader 4 (MT4), a versatile trading platform accessible through desktop, web, and mobile interfaces. MT4 supports technical analysis and automated trading. How can I deposit and withdraw funds with YFX Capital? YFX Capital allows deposits and withdrawals exclusively through Visa, MasterCard, and Bank wire methods.

YFX Capital broker review

Is YFX Capital safe or scam

Rating Index

SILVER ACCOUNT

Minimum Deposit

2500

GOLD ACCOUNT

Minimum Deposit

10k

How to login to YFX Capital?

YFX Capital Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading can be complex, especially when it comes to understanding the registration, account opening, and login processes of a platform like YFX Capital. This guide aims to provide a

YFX Capital Forex Broker - Comprehensive Information Guide

1. Broker Overview

　　YFX Capital, officially known as T.W. Capital Ltd, was established in 2018. The broker is headquartered in the Marshall Islands, a location notorious for its lax regulatory environment. As a privately held company, YFX Capital primarily serves retail clients interested in forex trading and contracts for difference (CFDs). The broker has been active in the trading industry for approximately five years, during which it has aimed to provide a diverse range of trading options.

　　YFX Capital's operational model appears to be focused on retail forex trading, offering various financial instruments to its clients. However, it lacks transparency regarding its regulatory status, which raises concerns among potential investors. The company has not disclosed pertinent information about its regulatory licenses, if any, which is a critical aspect for traders looking to ensure the safety of their investments.

　　The parent company, T.W. Capital Ltd, operates under the jurisdiction of the Marshall Islands, where forex trading is not effectively regulated. This status has contributed to the broker's reputation within the trading community. The business model adopted by YFX Capital includes offering fixed spreads and leveraging options, which are common practices among forex brokers. However, the lack of regulation and oversight casts a shadow over its legitimacy and operational integrity.

2. Regulatory and Compliance Information

　　YFX Capital is an unregulated broker, operating without oversight from any major financial regulatory authority. The primary regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC), are not associated with YFX Capital. The absence of regulatory oversight raises significant concerns regarding the protection of investors and the legitimacy of the broker's operations.

　　The Comisión Nacional del Mercado de Valores (CNMV) in Spain has issued warnings against YFX Capital, stating that the broker is not authorized to provide investment services within the country. This warning serves as a red flag for potential clients, indicating that the broker may engage in practices that are not in compliance with established financial regulations.

　　YFX Capital does not provide any information regarding the segregation of client funds, which is a crucial aspect of investor protection. Without proper segregation, clients' funds may be at risk in the event of the broker's insolvency. Additionally, there is no indication that YFX Capital participates in any investor compensation schemes, further highlighting the risks associated with trading through this broker.

　　The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is also unclear. These measures are essential for ensuring that brokers operate within the legal frameworks designed to prevent fraud and financial crime. The lack of transparency in this regard adds to the concerns surrounding YFX Capital's operations.

3. Trading Products and Services

　　YFX Capital offers a variety of trading products, primarily focusing on forex and CFDs. The broker provides access to over 45 currency pairs, including major, minor, and exotic currencies. This extensive selection allows traders to engage in various trading strategies and capitalize on market movements.

　　In addition to forex trading, YFX Capital offers CFDs on various asset classes, including indices, commodities, and shares. Traders can speculate on popular indices such as the S&P 500 and FTSE 100, as well as commodities like gold and oil. However, the specific details regarding the range of CFDs available and any unique trading instruments have not been disclosed.

　　YFX Capital's retail trading services are designed to cater to individual traders looking to engage in the forex market. The broker does not appear to offer institutional services or white-label solutions, which limits its appeal to professional traders or institutions seeking comprehensive trading solutions.

　　The frequency of product updates and the introduction of new trading instruments are not clearly mentioned, indicating a potential lack of innovation in expanding its product offerings. This could be a disadvantage for traders seeking diverse trading opportunities.

4. Trading Platforms and Technology

　　YFX Capital primarily supports the MetaTrader 4 (MT4) trading platform, a widely recognized and popular choice among forex traders. The MT4 platform is known for its user-friendly interface and comprehensive charting tools, making it suitable for both novice and experienced traders. It is available in desktop, web-based, and mobile applications, allowing traders to access their accounts and execute trades from various devices.

　　The broker does not mention any proprietary trading platforms, which may limit its technological offerings compared to competitors that provide custom-built solutions. The execution model utilized by YFX Capital appears to be market-making, as it offers fixed spreads rather than an ECN or STP model. This model may not be ideal for all traders, particularly those who prefer more transparency in pricing.

　　YFX Capital's technical infrastructure, including server locations and connectivity, has not been disclosed. This lack of information raises questions about the broker's reliability and the quality of trade execution. Additionally, there is no mention of API access or support for automated trading, which are essential features for many traders looking to implement algorithmic trading strategies.

5. Account Types and Trading Conditions

　　YFX Capital offers several account types tailored to different trading needs. The minimum deposit for a standard account starts at $2,500, which is considerably higher than many competitors in the industry. The broker provides various account options, including mini, silver, gold, and platinum accounts, each with different trading conditions.

Mini Account: Requires a minimum deposit of $250, with fixed spreads starting from 3 pips.
Silver Account: Requires a minimum deposit of $2,500, offering fixed spreads from 1 pip and leverage up to 1:400.
Gold Account: Requires a minimum deposit of $10,000, with fixed spreads from 0.7 pips.
Platinum Account: Requires a minimum deposit of $25,000, offering fixed spreads from 0.4 pips.

　　The leverage options available range from 1:100 to 1:400, depending on the account type. The minimum trade size is generally set at 0.1 lots, allowing traders to engage in smaller positions. However, the overnight fees and specific trading conditions related to each account type have not been clearly outlined.

　　The lack of a demo account policy or information about Islamic accounts may deter some traders who seek to test their strategies or require Sharia-compliant trading options.

6. Fund Management

　　YFX Capital supports several deposit methods, including bank transfers and credit cards. However, the broker does not accept popular e-wallets, which may limit convenience for some traders. The minimum deposit requirement varies by account type, with the lowest being $250 for the mini account.

　　The processing time for deposits is not specified, raising concerns about the efficiency of fund management. Additionally, there is no clear information regarding deposit fees, which could impact traders' overall costs.

　　For withdrawals, YFX Capital offers similar methods as deposits, but the specifics of withdrawal limits and processing times remain undisclosed. This lack of transparency can be problematic for traders looking to access their funds promptly. Furthermore, the absence of detailed information about withdrawal fees and any potential restrictions adds to the uncertainty surrounding the broker's fund management practices.

7. Customer Support and Educational Resources

　　YFX Capital provides customer support through various channels, including phone and email. The support is available in English and Spanish, catering to a broader audience. However, the service hours and time zone coverage have not been specified, which may affect accessibility for international clients.

　　The broker's educational resources appear to be limited, with no clear offerings such as webinars, tutorials, or e-books mentioned. This lack of educational support may hinder novice traders who require guidance in navigating the forex market. Additionally, there is no indication of market analysis services or trading tools, such as calculators or economic calendars, which are often valuable for traders.

8. Regional Coverage and Restrictions

　　YFX Capital primarily serves clients in regions where financial regulations are less stringent. However, the broker does not clearly specify its main service markets or the distribution of regional offices. It is crucial for potential clients to note that YFX Capital is not authorized to provide services in certain jurisdictions, particularly Spain, where the CNMV has issued warnings against the broker.

　　The lack of clarity regarding which countries are excluded from service raises concerns for potential investors. Traders should conduct thorough research to ensure that they are compliant with local regulations and that the broker is authorized to operate in their respective regions.

　　In conclusion, while YFX Capital offers a variety of trading products and services, the lack of regulatory oversight, transparency, and comprehensive customer support raises significant concerns. Potential investors are advised to exercise caution and conduct thorough due diligence before engaging with this broker.

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