YouTradeFX is an UK investment and brokerage company providing online Forex trading services.
The company was based in 2007. It is registered in the UK and has offices in Australia and Cyprus.
The broker is committed to providing clients with quality service and the most comprehensive and competitive trading solutions to help them make right trading decisions and give an opportunity to profit.
Customers of the company can invest in the following trading instruments:
- Currency pairs – 46;
- Stock indices;
Deposits and Withdrawals
YouTradeFX is offering a wide range of financial instruments for depositing and withdrawing funds. These are as follows:
- MasterCard, VISA, UnionPay credit cards;
- CashU, WebMoney, JCB, Clickandbay E-Wallets;
- Bank transfer.
The company specialists developed a unique automated system for withdrawing money from the trading account.
The system is simple to use and ensures high speed and high safety of money transfer.
Irrespective of the method chosen, payments are made in due time:
- Bank transfer – 1-2 days,
- E-payment – 1 banking day.
YouTradeFX is authorized and regulated by the following agencies:
- ASIC. The Australian Securities and Investments Commission;
- The Financial Services Commission of Mauritius.
High level of regulation and close cooperation with the world’s major liquidity providers speak well for the broker’s reliability.
Wide use of segregated accounts allowing to hold customer funds separate from the company funds as well as introduction of ground-breaking insurance and risk management strategies allow YouTradeFX to ensure high level of customer assets safety.
Bonuses and Promotions
At the moment there are no promotions at YouTradeFX. Supposedly the company management is unwilling to distract customers’ attention from their trading activity.
Trading Accounts Types
YouTradeFX is offering a great selection of trading instruments to its clients and trying to create most comfortable trading conditions. The following accounts types are available to the broker’s customers:
- Basic Account – from $500 USD;
- Advanced Account – from $2 000 USD;
- Professional Account – from $7 500 USD;
- Prestige Account – from $25 000 USD.
The accounts differ in minimum deposits and order execution.
All live accounts are offered in five main currencies:
Trading Platforms Types
YouTradeFX customers can trade on the following trading platforms:
- Mirror Trader.
A unique corporate platform Mirror Trader was developed by the company specialists for the most profitable trading by viewing and following the successful trades of experienced traders. Mirror Trader allows customers to choose fully automatic, semi-automatic and manual trading.
Multilanguage customer support is available 24 hours a day, 6 days a week. The support team provides training to company clients offering various video tutorials, which cover trading peculiarities in different financial markets. Currently there are several programs available for traders of different levels.
Customers can get in touch with the support team in the following ways:
- Live chat, where you can ask a question in a real-time mode;
- ICQ, Skype.
Customer services are available in 12 languages.
Pros of Trading with YouTradeFX
It may take too much time to enumerate all virtues of YouTradeFX. The major strengths were mentioned above. To sum up, it should be noted the broker is worthily considered one of the top ones. The company demonstrates the highest quality of services in all areas of its activity. And as for the range of trading tools and customer support it has no match.
Regarding disadvantages, one can mention a lack of bonuses and promotions. It seems that the company doesn’t want to spend money and effort on advertising and other promotions preferring to prove its reputation not in words but in deeds.
Prankers: Reliable and very honest broker, I’ve been trading with it since 2008. Any conflicts (these were not many) were always settled for mutual benefit. A unique corporate platform Mirror Trader is worth special mention. No other broker has such a powerful well-planned platform.
Oport1980: My best thanks to all the staff of YouTradeFX. Well done. The quality of services is brilliant. I’ve been working with the broker for 3 years and could never reproach it for being unprofessional or dishonest. I highly recommend YouTradeFX.
YouTradeFX is a prominent representative of new generation brokers striving for broad market coverage. But unlike many of its competitors, the broker is paying serious attention to the quality of its services.
No aggressive advertising and a clear focus on creating the most comfortable trading environment give a false impression that the broker has no ambition. The company is actively participating in different international projects. Constantly being “on the edge” of online forex trading, the broker is able to promptly respond to any minor changes in financial market conditions with regard to upgrade and modernization. Thus, the company customers get state-of-the-art software and technical solutions at first hand.