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    Home   >     knowledge    >     YLDFX    >     YLDFX Introduction

    YLDFX Spreads, leverage, minimum deposit Revealed

    Abstract:YLDFX is a Forex and CFD broker based in St. Kitts and Nevis, established in 2019, and is not currently subject to any active regulation.

      General Information & Regulation

      YLDFX is a Forex and CFD broker based in St. Kitts and Nevis, established in 2019. There is no regulation laws displayed on the YLDFX official website, that is to say, this broker is an unregulated one. Traders are not advised to trade with unregulated brokers, as they cannot gaurantee fund safety.

      Markets Instruments

      Investors can trade over 30 currency pairs, CFDs on 9 indices, as well as oil and gold with YLDFX. Overall, tradable instruments available on the YLDFX is pretty average compared with many other brokers.

       Minimum Deposit

      YLDFX offers a live trading account and a demo account. Traders are required to fund at least $250 to start trading. However, since YLDFX is an unregulated broker, it is unsafe to trade with broker. Many other brokers actually requires much less initial deposit, around $100 or equivalent amount.

      YLDFX Leverage

      The maximum trading leverage offered by YLDFX is relatively high, reaching up to 1:400. Unregulated brokers usually offer high leverage level to attract traders.

      Spreads & Commissions

      YLDFX's standard account offers a spread of 1.2 pips on the EURUSD pair, which is relatively normal.

      Trading Platforms

      YLDFX offers investors the leading MT5 trading platform on the market today. MT5 not only is equiped with all the positive features of MT4 but also contains more market indicators and a wide selection of trading bots that help traders run algorithmic trading.

      Deposit & Withdrawal

      YLDFX only supports traders to deposit and withdraw funds to and from their investment accounts via wire transfer, which is quite peculiar compared to other brokers welcoming multiple popular payment methods.

       YLDFX Pros & Cons

      YLDFX Advantages Include:

      1. MT5 Available

      2. Acceptable minimum deposit

      YLDFX Disadvantages Include:

      1. No regulation

      2. One trading account type only

      3. Less variety of trading assets

      4. Only supporting wire transfers for deposits and withdrawals

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United States Dollar
    Available
    -- United States Dollar
    Risk Warning

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