WikiFX Broker's Review On YaMarkets

What exactly is WikiFX？

Wikifx is a worldwide search engine for company financial data. Its primary duty is to give the included foreign exchange trading organizations with basic information search, regulatory license searching, the credit assessment, platform identification, and other services.

Wikifx has created a big data solution that unifies data gathering, data screening, data aggregation, data modeling, and data productization using public data from government agencies, sophisticated sniffer systems, and scientific computer algorithms. Wikifx may then assess the supervision and risk levels of the associated organizations across several dimensions and give matching security solutions to individual users, corporate users, and government agencies.

WikiFX has over 37,000 brokers listed, including licensed and unregistered, and has been actively collaborating with over 30 financial authorities. WikiFX considers it an honor to give reliable broker information to its users to aid them in their search for the best broker to invest in.

What exactly is YaMarkets？

YaMarkets is a pioneer in the Forex and CFD markets. They guarantee a robust, user-friendly, and fair trading platform. Clients may trade the most popular assets on this platform, including currencies, commodities, cryptocurrencies, and indexes. Clients of YaMarkets get intensive training, devoted service, and skilled customer support and help 24 hours a day, seven days a week.

It was established in 2016, and it is licensed and regulated by the Vanuatu Financial Services Commission (VFSC) under registration number 14819. YaMarkets Ltd. is the brand name in St. Vincent and the Grenadines. Cryptocurrency, forex, commodities, metals, equities, and indices are among the 80+ CFD instruments available from the brokerage firm. Trading systems such as MetaTrader 4 and MetaTrader 5 are available from brokerage companies. Furthermore, YaMarkets has four categories of trading accounts: Ultimate, Standard, Royale, and ECN.

YaMarkets accepts deposits by Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, and other methods. YaMarkets' headquarters are situated at Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown, St. Vincent, and the Grenadines.

The brokerage business provides customer care to investors, which assists traders in resolving issues related to market trading. It is one of the greatest online brokers on the market, offering investors the best services and functionalities.

Regulations: Is YaMarkets a Scam？

It is the market's legitimate broker, regulated and sanctioned by the Vanuatu Financial Services Commission (VFSC). Because the broker will employ enhanced technology for trading, the investor's money is entirely secure and protected with YaMartkets.

Traders must deposit a minimum of $10 before they can begin trading with YaMarkets. Following that, the brokerage business charges no fee on all trading accounts except ECN. The YaMarkets withdrawal method is fairly straightforward; a trader simply has to submit a withdrawal request, and the broker will begin a request within working hours.

YaMarkets' professional investors get access to the broker's maximum leverage of 1:1000.

Types of Trading Accounts on YaMarkets

The brokerage business has four kinds of trading accounts, each with some advanced degree of features and capabilities that investors like.

Ultimate Investing Account

• To begin trading with YaMarkets, a minimum deposit of $10 is needed.

• 0.01 minimum trading volume

• A Swap-free Account is available from the broker.

• The Spread in the Ultimate trading account begins at 1.8 pips.

• When trading in the ultimate reading account, the broker does not charge a commission.

• The broker provides a maximum leverage of 1:500.

• The currency of the account is USD.

• The trader has a margin call of 70%.

• A trader may use a 50% Stop Out option.

• Execution occurs immediately.

Standard Trading Account

• The minimum amount needed to begin trading with YaMarkets is $500.

• 0.01 minimum trading volume

• A Swap-free Account is available from the broker.

• The Spread in the Ultimate trading account begins at 1.5 pips.

• When trading in the ultimate reading account, the broker does not charge a commission.

• The broker provides a maximum leverage of 1:500.

• The currency of the account is USD.

• The trader has a margin call of 70%.

• A trader may use a 50% Stop Out option.

• Execution occurs immediately.

Account Royale Trading

• To begin trading with YaMarkets, a minimum deposit of $2500 is required.

• 0.01 minimum trading volume

• A Swap-free Account is available from the broker.

• The Spread in the Ultimate trading account begins at 1.0 pips.

• When trading in the ultimate reading account, the broker does not charge a commission.

• The broker provides a maximum leverage of 1:300.

• The currency of the account is USD.

• The trader has a margin call of 70%.

• A trader may use a 50% Stop Out option.

• Execution occurs immediately.

Account for ECN Trading

• To begin trading with YaMarkets, a $5000 investment is required.

• 0.10 minimum trading volume

• A Swap-free Account is available from the broker.

• The spread in an ECN trading account begins at 0.1 pips.

• When trading on an ECN trading account, the broker does not charge a commission.

• The broker provides a maximum leverage of 1:200.

• The currency of the account is USD.

• The trader has a margin call of 70%.

• A trader may use a 50% Stop Out option.

• Execution occurs immediately.

Opening a YaMarkets Account

It is one of the market's top online brokers. To begin trading with YaMarkets, a trader must first complete a few simple procedures.

• To begin, a trader first applies online on YaMarket's official website and then fills out the application form with the relevant facts such as name, age, residence, country, and so on.

• The trader then responds to the questionnaire, which is connected to trading strategies and objectives.

• It is one of the most significant procedures in which an investor must verify their trading account with the use of a government ID card since the process takes time.

• Finally, make your first deposit and begin trading with YaMarkets.

Trading Platform YaMarkets

YaMarkets provides two trading accounts: MetaTrader 4 and MetaTrader 5. Every trading platform has its own set of features that are advantageous to investors.

Trading platform MetaTrader 4

It is the greatest trading platform since it is simple for investors to use and manage. Furthermore, the MetaTrader 4 platform has all of the capabilities required to forecast the future market of the assets.

What are the primary characteristics of the MetaTrader 4 trading platform？

• Forex, Bitcoin, Indices, Metals, Indices, and other tradable assets are available via the brokerage service.

• The platform supports a wide range of languages.

• The MetaTrader 4 platform includes all of the tools and indicators needed to trade.

• Provides a range of trading charts.

Trading platform MetaTrader 5

It is the market's sophisticated trading platform because, when comparing the two trading platforms, MetaTrader 5 provides a greater choice of trading tools and indicators.

What are the primary characteristics of the MetaTrader 5 trading platform？

• A trader may invest in a wide range of CFD assets.

• VPS is supported by the platform.

• It features several excellent charting systems.

• A trader has access to market data and news.

• The broker provides instructional materials that are useful for learning about the market.

Trading Instruments on YaMarkets

CFD instruments are available for trading via brokerage companies. As a result, a trader may benefit more from using YaMarkets.

Forex

• Spreads start at 0.0 pips.

• Access to more than 60 currency pairs.

• 0.20s The execution speed is average.

• All trading strategies are activated.

• Leverage up to 1:500.

CryptoCurrency

• Invest in CFDs on 26 different cryptocurrencies.

• You may trade whenever it is convenient for you.

• Begin trading with as little as $10.

• Invest using contemporary channels.

Spreads & Commissions at YaMarkets

• When trading, the brokerage firm does not charge a commission.

• Trading commissions are paid only by the owner of an ECN trading account.

• The Spread is changing every second.

• If an investor is passive in the market, the broker will levy an inactivity fee.

Leverage on Yamarkets

Professional investors may have a maximum leverage of 1:1000, while ordinary investors can get maximum leverage of 1:30.

Deposit and Withdrawal at YaMarkets

• A trader may deposit an infinite quantity of money into his or her trading account.

• When depositing funds, the broker does not charge a commission.

• Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, Skrill, and VoguePay are the payment methods accepted by YaMarkets.

• If a trader withdraws a substantial sum of money, the broker will impose a withdrawal fee.

For investors, the brokerage company provides a broad range of instructional and research materials. It assists the investor in gaining market knowledge and forecasting asset future situations.

A trader understands the market properly then practices on the demo account first and selects the best trading strategy for trading which is used in the real trading account.

Here is the list of Educational and Research Support:

• Calculator

• Educational Economic Calendar in Video

• Daily Trading Indicators

• Final Decision

The Vanuatu Financial Services Commission has authorized and approved YaMarkets (VFSC). This firm's investor has given the broker positive feedback. This is the market's only broker that offers the greatest trading tools and indicators.

If you wanna know more about Yamarkets, download the WikiFX app for free on App Store and Google Play Store to access the news on the go.