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Yoo Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://trade.yootrade.app/register/, about the company's legal and temporary regulatory information, the company's address Office 412, Sony Building, Al Raffa, Bur Dubai, UAE.

Yoo Trade Forex Broker

Basic information

Registered region

United Arab Emirates

Operating period

--

Company Name

Tag Markets Ltd

Abbreviation

Yoo Trade

Company employee

--

Customer Service Email Address

support@yootrade.app

Contact number

+971542288006

Company website

https://www.yootrade.app/

Company address

Office 412, Sony Building, Al Raffa, Bur Dubai, UAE

Facebook

https://www.facebook.com/yootradesapp/

Keywords

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Yoo Trade Review SummaryFounded2024Registered Country/RegionUnited Arab EmiratesRegulationUnregulatedMarket InstrumentsCFDs, Forex, Indices, Commodities, Metals, etc.Demo Account❌LeverageUp to 1:500SpreadFrom 0.2 pipsTrading PlatformYoo Trade PlatformMin Deposit$50Customer SupportContact formTel: +971542288006Email: support@yootrade.app, info@yootrade.appFacebook, Instagram, Twitter, YouTube, WhatAppAddress: Office 412, Sony Building, Al Raffa, Bur Dubai, UAESuite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the GrenadinesSaint Lucia Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint LuciaRegional RestrictionsSyria, North Korea, Iran, Iraq, Mauritius, USA, Canada, Sudan, Myanmar, Yemen, Afghanistan, Vanuatu, and EEA countries

　　Based in United Arab Emirates, Yoo Trade is an unregulated forex broker that was established in 2017. Yoo Trade provides various financial products to trade via MT5 platform, including CFDs, Forex, Indices, Commodities, Metals, and more. The minimum deposit requirement to open a live account is as low as USD 50.

Pros and Cons

Pros	Cons
Various trading options	Not regulated
Tiered accounts	Quite new in the market
No commissions	No demo accounts
Affordable minimum deposit	Unclear fee struture
Popular payment options	No MT4/5 supported
Multiple contact channels	Do not service clients from several regions
24/7 customer support

Is Yoo Trade Legit?

　　No, Yoo Trade is not regulated by any reputable financial body. Please be aware of the risk!

What Can I Trade on Yoo Trade?

　　YooTrade provides access to various financial instruments such as CFDs, Forex, Indices, Commodities, Metals, and more.

Tradable Instruments	Supported
CFDs	✔
Forex	✔
Indices	✔
Commodities	✔
Metals	✔
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Yoo Trade offers five accounts to choose from, including CLASSIC, GOLD, PLATINUM, ELITE and RAW accounts. Moreover, Yoo Trade provides traders with PAMM (Percentage Allocation Management Module) and MAM (Multi-Account Manager) systems to help traders manage multiple client accounts.

Account Type	Min Deposit	Max Deposit
CLASSIC	$50	$1,000
GOLD	$1,000	$3,000
PLATINUM	$3,000	$10,000
ELITE	$10,000	Unlimited
RAW	$20,000	Unlimited

Leverage

　　Yoo Trade offers a leverage of up to1:500 for all account types, which is quite high.

　　It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

　　Yoo Trade offers spread from 0.2 pips and no commissions for all five account types.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Yoo Trade Platform	✔	Web, Desktop, Mobile	/
MT5	❌	/	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

　　Yoo Trade accepts payments via Skrill, Mastercard, Visa, Neteller, and others.

Yoo Trade broker review

Yoo Trade safe or scam

Rating Index

1.16

ELITE

Minimum Deposit

10000$

PLATINUM

Minimum Deposit

3000$

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Latest Reviews

FX3606004532

United Arab Emirates

I open Account in Yootrade this broker deposit method is Auto and Withdrawal is Instant and the best thing is Spread is Normal

Positive

2024-08-02

Yoo Trade Forex Broker has an overall rating of 1.16, Regulatory Index 0.00, License Index 0.00, Business Index 4.33, Software Index 4.00 Risk Control Index 0.00.