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/10

YEWTrading

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://www.yew-trading.net

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
YEWTrading-Demo MT4
Server Location United States

Contact

https://www.yew-trading.net

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

YEWTrading

Company Abbreviation

YEWTrading

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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YEWTrading · Company Summary

General Information

YEWTrading is allegedly a broker incorporated in England and Wales that provides its clients with the worlds most renowned MetaTrader4 platform, leverage up to 1:100 and low spreads on various tradable assets.

Market Instruments

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.

Market

Leverage

The maximum leverage ratio provided by YEWTrading is up to 1:100. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

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 start from 0.0 pips.

Trading Platform Available

When it comes to trading platforms available,YEWTrading says to give traders the worlds most widely-used MetaTrader4 platform. However, the downloadable version available on its official website is provided by a third party called Global Trade Finance.

Trading

Deposit & Withdrawal

From the logos shown at the bottom of the home page on YEWTradings official website, we found that this broker seems to accept deposits and withdrawals via some bank transfers. Unluckily, the only available way to deposit and withdraw is via two cryptocurrencies including Bitcoin and Tether.

Deposit

Customer Support

YEWTrading doesnt disclose any direct contact information like telephone numbers, email or company address while most brokers offer. The only way to get in contact with this broker is through sending messages online and then just being patient to wait for their reply.

User Reviews

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Hazim Izam
more than one year
DON’T join YEWTrading. They come across as being very nice and helpful but they’re not. They never answer the phone or reply to your emails. There is a method of asking for a callback, but it never works. Do research BEFORE you invest it will save a lot of time, effort and heartache, especially paying more attention to the regulatory situation.
2023-03-24 12:10
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0
0
德儿意的笑
more than one year
This platform has no contents, no customer support team, no clear information about its trading conditions. I just don’t believe there are someone so foolish to trade with this broker…. however, my friend Alan has been cheated of $2,000…
2022-11-30 15:54
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