YLD FX is one of the most exciting and fast-growing brokers in the industry. As a relatively new brokerage compared to many of the well-known names, they are already taking the financial markets by storm.
Bespoke service is the broker’s primary focus. This is executed by having Personal Account Managers available for all YLD FX clients. Once you complete the application process, you are assigned a dedicated Account Manager, who you can contact directly for any questions or assistance. In a world where everything has become computerised, YLD FX provides a personal touch.
Is YLD FX Regulated?
YLD FX is based in Malaysia and regulated by the LFSA. This allows the brokerage to offer up to 1:100 leverage to its clients, whilst also maintaining regulatory requirements for clients across the world. In a world where security is paramount, being regulated whilst offering high leverage is extremely important for both retail and institutional traders.
The procedure for Account Opening
YLD FX offers both live and demo accounts. Both are available on the homepage of the website and are submitted online. Here are the steps to opening a live account:
- Go to the YLD FX website
- Click on the Live Account Application on the homepage
- Enter your information, including your name, home address, email address and mobile number
- Fill in the requested account details, such as account currency and chosen leverage (up to 1:100)
- Upload identification documents, such as passport/driver’s licence for KYC Authentication
- Check your emails for the login details to be emailed over to you once the KYC Authentication has been completed.
- Register for the Client Portal via the email link, to access deposit information and withdrawal forms.
- Make a deposit via the bank details ($250 / £200 / €200 minimum deposit)
- Begin trading the Live Markets via any of the MT5 platforms available on the YLD FX website.
Tradable Instruments available on the Platform
YLD FX provides access to a wide variety of instruments across the financial markets. The brokerage offers the following:
- Forex
- Indices
- Commodities
- Precious Metals
- Cryptocurrencies
- Stocks & Shares
Are there Well-Equipped Trading Platforms Available?
You can download various MT5 platforms via the YLD FX directly. This includes a desktop downloaded platform, a web-based platform and the MT5 mobile app – for access whilst on the go.
Here is a breakdown of each of the MT5 platforms currently available:
MetaTrader 5
The desktop MetaTrader 5 has been the most popular trading platform within the trading community for many years now. The platform has 21 different timeframes, an in-built economic calendar, and 44 analytic objects, with 2000+ custom indicators. Backtest historical data with an unlimited number of charts, all available from your PC or laptop.
Web Platform
The MT5 web-based platform allows traders to access the live markets within a browser. With limited features when compared to the desktop platform, whilst maintaining a wide variety of features.
Mobile App
The mobile app allows traders to place and manage trades directly from their smartphones whilst on the go. Access the live markets from anywhere in the world – if you have an internet connection / mobile service.
Commission and Fees Charges?
YLD FX does not charge any fees or commissions. This is the same for deposits and withdrawals – and they cover any fees visible to them as part of their service. This is extremely beneficial when compared to other brokers who may advertise low fees, whilst applying hidden fees over time.
What leverage?
The maximum leverage offered by YLD FX is 1:100. Clients can choose what leverage they would like up to 1:100, for all instruments (Forex, Indices, Commodities, Cryptos, Stocks & Shares).
Support Services
The Team is highly experienced in the financial markets and can be contacted directly for any queries or assistance. Alternatively, you can contact their Support Team via email.
Email: support@yldfx.com
Conclusion
This completes the review of YLD FX brokerage. They have combined both a bespoke service, with expert-level knowledge and high-quality trading experience for traders of all backgrounds. Offering both 1:100 leverage, with no fees or commissions allows YLD FX to stand firmly above other brokers in the space. The variety of platforms and trading tools available gives traders the edge they need within the financial markets – and the reason YLD FX is growing so rapidly.
