Established in 2016, YaMarkets is dedicated to giving you access to learning and provides a practical trading platform that supports a variety of goods, including forex, indices, commodities, and crypto.
- Flexible leverage up to 1:1000.
- Follows multiple data security
- Easy to open up an account
- A plethora of educational resources
- Offers a wide range of tradable instruments
- Low minimum deposit of $10
- Technical support not available on weekends.
- Full training access restricted to registered traders.
- Higher spreads on Ultimate and Standard accounts.
YaMarkets Overview
Established in 2016, YaMarkets is an emerging player in Forex and CFD trading. Clients can trade with popular assets such as different currencies, commodities and indices. On top of that, YaMarkets takes pride in having a huge customer base all over the world, offering educational training and dedicated services to support and assist them throughout their trading journey.
It’s worth mentioning that the company doesn’t offer access to trading shares as CFDs or physical stocks, and the number of assets available for trading is very limited. There are many other brokerage firms in the industry that can offer a much wider variety of assets.
The broker is regulated and authorized by various regulatory bodies, however, none of the regulators are top tier. The list of regulators includes: Vanuatu Financial Services Commission (VFSC), St. Vincent & the Grenadines, MISA (MWALI International Services Authority). All the regulators that have authorized YaMarkets are very mild, which decreases the safety and trustworthiness of the broker.
| 🔎 Broker | 🥇 YaMarkets |
| 📌 Year Founded | 2016 |
| 📉 Publicly Traded (Listed Company) | None |
| ⭐ Regulation | MISA, VFSC, SVGFSA |
| 🌎 Country of regulation | St. Vincent & the Grenadines |
| ⭐ Account Segregation | ✅Yes |
| 🚨 Negative balance protection | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | ✅Yes |
| 💴 Minor account currencies | Multiple |
| 💶 Minimum Deposit | 10 USD |
| ⭐ Average deposit/withdrawal processing time | 1-2 business days |
| 💵 Fund Withdrawal Fee | Varies based on method |
| 💹 Spreads from | 0.0 pips |
| 💷 Commissions | No |
| 7️⃣ Number of base currencies supported | 6 |
| 💳 Swap Fees | ✅Yes |
| 📈 Leverage | Up to 1000:1 |
| 📉 Margin requirements | Varies based on leverage and position size |
| ☪️ Islamic account | No |
| 🆓 Demo Account | ✅Yes |
| ⏲️ Order Execution Time | Fraction of a second to a few seconds |
| ⚙️ VPS Hosting | Available for clients |
| ⭐ CFDs Total | 300+ |
| 📈 CFD Stock Indices | ✅Yes |
| 🍎 CFD Commodities | ✅Yes |
| 📉 CFD Shares | No |
| ➡️ Deposit Options | Bank transfer, credit/debit cards, e-wallets |
| ↪️ Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| 🖥️ Forex trading tools | Various built-in and third-party tools available |
| 🥰 Live chat availability | ✅Yes |
| 💌 Customer Support Email address | [email protected] |
| 🚀 Social media Platforms | Facebook, Twitter, Instagram, |
| 📔 Languages supported on FBS Website | Multiple languages |
| 📚 Forex course | ✅Yes |
| 📒 Webinars | ✅Yes |
| 📑 Educational Resources | ✅Yes |
| ⭐ Affiliate program | ✅Yes |
| 📉 IB Program | ✅Yes |
| 📊 Rebate program | ✅Yes |
| 💹 Does yamarkets Accept US Traders | No |
| 🚀Open an Account | 👉Click Here |
Regulation & Safety
YaMarkets Ltd is an international Forex broker with a Vanuatu Financial Services Commission (VFSC) 14819 special brokerage license. This means that global customers will be getting financial services that are regulated by the (VFSC).
While being regulated is definitely very critical, it’s essential to point out that the VFSC is not a strict regulatory body. There are many top tier regulators such as ASIC, UK’s FCA, ESMA, that have much stricter requirements than VFSC.
Vanuatu does not require brokers to have a certain leverage framework. Offering a sensible leverage is critical for profitable trading and as we know, YaMarkets offers up to 1000:1 leverage. This kind of leverage can easily lead traders to blown up trading accounts. And it actually does. A majority of beginner traders that trade using a high leverage lose money. The regulator also doesn’t have restrictions on bonuses or rebates.
What’s more, Vanuatu doesn’t require negative balance protection or having a membership of an investor compensation scheme from the brokers.
For the reasons above, we believe that global customers of YaMarkets have a higher risk of losing money. When registering an account, it’s critical to choose a sensible leverage. Profitable trading is based on having a profitable strategy and managing risks. When risks are spread on many trades, the trading edge starts bearing fruit. When a single trade becomes too significant due to high leverage, trading balance can become zero in a day. What’s more, if the broker doesn’t implement negative balance protection, traders might end up owing money to their broker.
YaMarkets Limited is authorized and regulated by the MISA (MWALI International Services Authority) for the brokerage services (License T2022091).
Platforms & Tools
Yamarkets provides its clients with the choice of two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are developed by MetaQuotes Software Corp., a leading provider of financial software solutions. These platforms are designed to facilitate trading in forex and CFDs on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies.
The MT4 platform is one of the most popular and widely used trading platforms in the forex industry. It offers a user-friendly interface and a range of features, such as multiple order types, 9 timeframes, 30 technical indicators, 24 graphical objects, automated trading with expert advisors (EAs), and custom indicators. The MT4 platform can be accessed via desktop, web browser, or mobile devices.
The MT5 platform is the latest version of the MetaTrader series and offers more advanced features and functionalities than the MT4 platform. It supports trading in forex, indices, commodities, stocks, futures, and cryptocurrencies CFDs. It also offers more order types, 21 timeframes, 38 technical indicators, 44 graphical objects, an economic calendar, market depth, and a strategy tester. The MT5 platform also supports automated trading with EAs and custom indicators. The MT5 platform can be accessed via desktop, web browser, or mobile devices.
In addition to these platforms, Yamarkets also offers some useful tools and resources for its clients, such as:
- Copy Trading: This is a feature that allows traders to follow and copy the trades of other successful traders on the Yamarkets platform. Traders can choose from a list of verified experts based on their performance, risk level, and trading style. Copy trading can help traders to learn from others, diversify their portfolios, and save time.
- Market Signals: These are trading signals generated by market experts and analysts that provide guidance on potential trading opportunities and market trends. Traders can access these signals via the MT5 platform or the Yamarkets website. The signals include information such as entry price, stop loss, take profit, and risk-reward ratio.
- Education: Yamarkets offers a variety of educational materials and resources for its clients to enhance their knowledge and skills in trading. These include webinars, seminars, workshops, articles, videos, e-books, glossaries, FAQs, and tutorials. The education section covers topics such as forex basics, technical analysis, fundamental analysis, trading strategies, risk management, and more.
- Calculator: Yamarkets provides a handy calculator tool on its website that helps traders to calculate various trading parameters and costs. The calculator can estimate the margin requirement, pip value, swap fee, commission fee, and profit or loss for any trade.
Education
Yamarkets recognizes the importance of education for its clients and offers a variety of educational materials and resources to help them improve their trading skills and knowledge. These include:
- Videos: Yamarkets offers a wide range of videos that cover a variety of topics, such as introduction videos, technical views, featured ideas, web TV, news analysis, live webinars, and tutorial playlists. These videos are designed to provide traders with visual and interactive learning experiences and insights into the forex and CFD markets.
- Webinars: Yamarkets also hosts regular live webinars that are conducted by experienced traders and analysts. These webinars cover topics such as forex basics, technical analysis, fundamental analysis, trading strategies, risk management, and more. Traders can register for these webinars for free and interact with the instructors and other participants.
- Seminars: Yamarkets also organizes offline seminars and workshops in various locations around the world. These events are aimed at providing traders with hands-on training and networking opportunities with other traders and experts. Traders can learn from the best practices and tips shared by the speakers and get their questions answered.
- Workshops: Yamarkets also offers one-day financial education workshops that are designed to teach traders the essentials of forex trading. These workshops are presented by FxCareers, a leading provider of forex education and career development.
Yamarkets offers a comprehensive and diverse education segment that caters to traders of all levels and preferences. By accessing these educational materials and resources, traders can enhance their knowledge and skills in trading and potentially improve their trading performance.
Markets
Yamarkets offers a variety of trading instruments to its clients. These include:
- Forex: Yamarkets provides access to the forex market, allowing traders to trade major, minor, and exotic currency pairs. Forex trading involves buying and selling currencies based on their exchange rates. Forex is the largest and most liquid market in the world, with an average daily turnover of over $6 trillion. Some of the currency pairs that Yamarkets offers are EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/ZAR, and more.
- Commodities: The broker offers trading in popular commodities such as gold, silver, crude oil, and natural gas. Commodities are physical goods that are traded on global markets. Commodities trading involves speculating on the price movements of these goods based on supply and demand factors. Some of the commodities that Yamarkets offers are XAU/USD, XAG/USD, USOIL, UKOIL, NGAS, and more.
- Indices: Traders can also trade in global stock indices like the S&P 500, Nasdaq, FTSE 100, DAX, and others. Indices are baskets of stocks that represent the performance of a specific market or sector. Indices trading involves speculating on the price movements of these baskets based on economic and political factors. Some of the indices that Yamarkets offers are US30, US100, UK100, GER30, FRA40, and more.
- Cryptocurrencies: The broker also offers trading in cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple. Cryptocurrencies are digital currencies that use cryptography to secure transactions and control the creation of new units. Cryptocurrency trading involves speculating on the price movements of these currencies based on supply and demand factors. Some of the cryptocurrencies that Yamarkets offers are BTC/USD, ETH/USD, LTC/USD, XRP/USD, and more.
Accounts
Yamarkets offers four types of trading accounts to cater to the diverse needs and preferences of its clients. These are:
- Ultimate Account: This account is designed for experienced traders who prefer tight spreads and low commissions. The account requires a minimum deposit of $10 and offers a leverage of up to 1:1000. The minimum spread is relatively high, starting from 1.8 pips, and there are no commissions charged on trades. This account also offers free signals, free VPS, and personal account manager services.
- Standard Account: This account is suitable for beginner and intermediate traders who prefer a straightforward trading experience. The account requires a minimum deposit of $500 and offers a leverage of up to 1:500. The minimum spread starts from 1.5 pips, and there are no commissions charged on trades. This account also offers free signals and personal account manager services.
- Royale Account: This account is suitable for high-net-worth traders who prefer personalized trading services. The account requires a minimum deposit of $2,500 and offers a leverage of up to 1:300. The spread for major currency pairs starts from 1.0 pips, and there are no commissions charged on trades. This account also offers free signals, free VPS, a personal account manager, priority withdrawal, and premium support services.
- ECN Account: This account is suitable for traders who prefer to trade in a non-dealing desk environment. The account requires a minimum deposit of $5,000 and offers a leverage of up to 1:200. The spread for major currency pairs starts from 0.0 pips, with certain commissions charged on trades. This account also offers free signals, free forex VPS, a personal account manager, priority withdrawal, premium support, and zero swap fee services.
Customer Support
YaMarkets provides a comprehensive range of options for customer support, ensuring that traders can easily get assistance when needed. Their approach to customer service is multi-channel, catering to various preferences for communication.
The call center is a direct way to speak with a YaMarkets representative for immediate assistance. It’s particularly useful for urgent queries or complex issues that might require a detailed conversation. Additionally, the availability of WhatsApp support adds a layer of convenience, allowing for quick and informal communication.
Email support and live chat are also available, providing more written forms of communication. The live chat, accessible both on the website and in the user account, is handy for real-time solutions while trading. For less urgent issues, creating tickets on their webpage is an efficient way to track your queries and their resolutions.
Following YaMarkets on social networks like Facebook, Instagram, and YouTube is beneficial for staying updated with the latest news and developments. These platforms often share useful information and can be a quick way to get updates about the broker’s services and features.
