YouTradeFX Review

0
699

Company Overview

YouTradeFX is an online brokerage and investment firm which allows traders to invest in contracts for difference (CFDs) on the foreign exchange market, stock, and indices. YouTradeFX offers one of the most comprehensive and cutting-edge trading solutions, allowing its partners and clients to stay on top of the online investment business and maximize their profits. YouTradeFX has made forex trading easy for its clientele by providing a simple interface, a productive online trading environment, and an effective way of dealing with customer complaints, which has seen it win the Best Forex Introducing Partnership Programs award for the year 2013.

Trading Platform

When it comes to trading platforms, YouTradeFX has opted for the reliable MetaTrader platforms (MetaTrader 4, MetaTrader 5 and MetaTrader Multi-Terminal). MetaTrader platforms offer a user-friendly interface with a multilingual support that gives users an in-depth analysis of the market along with real-time updated charts and blocks of data.

Another reason for the immense popularity of the MetaTrader platforms is that they offer mobile applications, which allow users to assess the market and make transactions on the go. MetaTrader platforms offer mobile apps for Android, Windows Phone, and iOS devices.

There are four options available to clients when it comes to accounts. The Basic account requires a minimum deposit of $500 and offers fixed spreads as low as 0.8 pips. The second is called the Advanced account, which demands an initial deposit of more than $2,000 and offers variable spreads as low as 0.8 pips. The Professional account requires an initial deposit of $7,500 and offers variable spreads as low as 0.8 pips, and the VIP account calls for an initial deposit of more than $30,000 and is well-suited for big volume traders.

Features

  • Tight spreads starting from as low as 0.8 pip
  • Leverage up to 1:500
  • No commission fee
  • Islamic accounts available
  • Expert advisors
  • Educational material available
  • Minimum slippage
  • Referral bonus of $1500
  • One-click trading
  • 46 currency pairs available
  • Demo accounts available
  • Automated trading possible

Customer Support

YouTradeFX realizes the importance of customer satisfaction, which is why it has one of the best customer support systems integrated into its business module. It has a live chat feature on its website where traders can communicate with expert advisors who can, in turn, help them maximize their profits. Moreover, its website is available in 8 languages, namely English, Portuguese, Spanish, Arabic, German, Russian, Japanese, and Romanian. Furthermore, clients can mail, email and phone their complaints to the trading firm.

Conclusion

YouTradeFX is an online brokerage and investment that has picked up many awards since its inception in 2008. The cons of YouTradeFX is that it doesn’t offer either educational material or an account manager for most of its account types. Despite this, it more than makes up for its cons by its lucrative rates and windows for profits, which has led to it picking up the Best Forex Broker Award for the year 2012.

Office website: https://youtradefx.com/

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.