YORKCG Forex Broker

Note: YORKCG's official website: https://yorkcg.com/ is currently inaccessible normally.YORKCGReview SummaryFounded/Registered Country/RegionUnited KingdomRegulationNo regulationMarket InstrumentsForex, indices, commodities, precious metals, stocks, cryptocurrency CFDsDemo Account❌LeverageUp to 1:400EUR/USD Spread3 pipsTrading PlatformWeb-basedMin Deposit€250Customer SupportTel: +44 2033180401Email: support@yorkcg.comYORKCG Information YORKCG is an unregulated broker, offering trading on Forex, indices, commodities, precious metals, stocks and cryptocurrency CFDs with leverage up to 1:400 and spread floating around 3 pips via a web-based trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as €250.Pros and ConsPros Cons Various trading productsInaccessible websiteMultiple account typesNo regulationNo demo accountsWide spreadsNo MT4/MT5 platformHigh minimum deposit requirementIs YORKCG Legit? No. YORKCG has no valid regulations currently. Please be aware of the risk!What Can I Trade on YORKCG?Tradable Instruments Supported Forex ✔Indices ✔Commodities ✔Precious metals✔Stocks ✔Cryptocurrency CFDs✔Bonds❌Options❌ETFs❌Account Type Here are four account types YORKCG offers:Account TypeMin DepositSelf-Manage€250Gold €10 000Platinum €50 000VIPInvitation onlyLeverage Trading leverage differs depending on different trading accounts.Account TypeMax Leverage Self-Manage1:100Gold 1:200Platinum 1:300VIP1:400 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 The spread for EUR/USD on the YORKCG platform is 3 pips, much higher than the sector standard. Most brokers offer EUR/USD spreads between 1.0 pips and 1.5 pips.Trading PlatformTrading PlatformSupported Available Devices Suitable for Web ✔//MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal The broker accepts payments done via the standard Visa, MasterCard, bank wire, Vload and Bitcoin. Withdrawal fee of 1 percent with a minimum of $30 and a maximum of $300 respectively.Bonus There is a hefty trading turnover requirement for accounts that have taken advantage of the bonus promotion. Every dollar in bonus promotions, a trader has to achieve a $50 000 trading volume.