YLD FX is an offshore online broker that is operated by YLD Educational services. The broker provides traders with the highly advanced MetaTrader 5 trading platform for trading multiple financial instruments across different asset classes, including forex, stocks, metals, equities, commodities, and others. This brokerage service is designed by traders for traders, with extensive market research and good trading conditions, such as competitive spreads; Personal Account Manager, and a dedicated customer support team.
YLD FX Review Introduction
In this YLD FX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including YLD FX.
YLD FX Platforms & Tools
The broker provides its traders with the highly advanced MetaTrader 5 trading platform. MT5 is widely used by traders around the world for its advanced features and user-friendly interface. Developed to succeed the MT4 platform, MT5 maintains all the core functionality of the MT4 platform but has some additional features and extended capabilities, such as more technical indicators, more timeframes, more order types, depth of market display, economic calendar, multi-currency strategy tester, and more.
The platform is available as installable desktop applications for Windows and Mac computers, as well as mobile apps for Android and iOS devices. There is also a web version that can run directly on modern web browsers like Chrome and Safari without the need for any installation.
The provided MT5 trading platform has a vast array of built-in tools. Nevertheless, the broker also provides clients with other additional standalone trading tools to enhance their trading experience. Those tools include Economic News, Real-time FX Prices, and Forex Heat Map.
YLD FX Research & Education
The broker’s website does not contain any educational resources at the moment. Educational resources are important because they help traders to improve their trading skills and knowledge.
YLD FX Trading Accounts
The broker offers a live trading account and a demo account. The live trading account has a leverage of up to 1:100 and competitive spreads. It also gives traders access to a personal account manager. The demo accounts are available for practice purposes.
YLD FX Account Funding
The broker’s account funding option is provided by its partner XE Forex, which allows you to pay with your Visa or MasterCard’s credit/debit card or via a UK bank account.
The broker allows traders to use secure bank transfer for account withdrawals with zero percent fees. They cover all outgoing bank fees, but your bank may charge transaction fees. So ensure you are aware of any fees that your local bank may charge.
YLD FX Customer Service
The broker offers a dedicated support team that is available at all times to assist with any general, technical, or account-related questions you may have. They can be reached via telephone, email, social media, and Live Chat.
YLD FX Regulation
There is no regulatory information on the broker’s website at the moment.
YLD FX Review Summary
Overall, YLD FX is an offshore trading broker that offers traders direct access to the forex and commodities markets with competitive spreads. They provide traders with the sophisticated MT5 trading platform, along with a range of useful trading tools and a dedicated customer support team.
It is worth mentioning that some of the trading products and services in this YLD FX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the YLD FX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.