YoutradeFX (YTFX.com) is definitely an Internet brokerage and investment firm that offers a number of features and advantages when trading from one of their accounts. It is really a new company, established in 2008, but it's decidedly progressive in attracting the desires of their customers. YTFX features a typical holding company structure with affiliate corporations positioned in markets which it has chosen to provide. Its charter is at Mauritius where regulators have global oversight, but additional regulatory approvals are already obtained australia wide. New rules under the Dodd-Frank Act prevent their offering want to U.S. clients. The company has primary offices london near the forex market center.
Youtradefx Scam
The business proclaims that �Your Gain is Our Goal�, and possesses developed the support systems to back up that mission statement. Customer services are a differentiating factor for this group. Every attempt is made to support each trader�s individual needs. A staff that could reach over 100 employees works tirelessly to answer inquiries, as well as an internal trading desk continues to be staffed with experienced professionals on the market to avoid any delays to be able execution.
Account Types
YouTradeFX can be a relative newcomer for the worldwide forex broker community. Their unique demo account setup (�PTA�) is emblematic of their desire to be different. After your free trial is concluded, losses are forgiven, but the gains over the period will be credited to use in the years ahead. Education materials and various trading tools really are a mouse click away, and trading platforms could be accessed directly or downloaded. Mobile trading can also be facilitated by an apple iphone application.
There are a selection of account setups, tailored to fulfill the requirements individual traders. A minimum deposit of $100 provide started, and then for accounts as much as $100,000 there are no margin requirements. Spreads are competitive and hang daily, while no fees are charged. Leverage up to 500:1 is permitted, although caution should be used when applying any leverage since leverage may magnify gains, however it also can magnify losses, too. In any event, the YTFX Stop-Loss guarantee limits your losses to the quantity of your original investment.
Forex trading platforms
The most popular Mt4 or Webtrader software can be downloaded, or traders inclined to utilize Mac or Linus os's can access proprietary systems on company servers. An arrangement with iphone enables mobile trading. Customizing your trading method is the rule at YTFX, where customer friendly interfaces enable all manner of automated or mirror trading approaches. Zulutrade access is required, and a range of options exists to craft an automatic or manual style according to alerts or another trader performance measures. In any posture, you stay in control.
Deposits and Withdrawals
Numerous deposit and withdrawal payment services from credit card issuers to actual wire transfer processing agents from Moneybookers are widely-used to facilitate the movement of funds in the directions. An robotic voice permits the user to adhere to the procedure every step of the way with email confirmations.
Customer care
YTFX takes great pride in its customer care and it has devoted additional resources to ensure that your experience is an excellent one. A selection of educational articles discuss every one of the necessary topics to ensure even a beginning trader may have the tools to ensure success. Practice on a demo account is standard issue, and gains can actually supply later when real-time trading commences.
Safety
The firm hasn't bypassed the regulatory establishment by any means. YoutradeFX actually boasts regulatory oversight from three distinct groups residing in Australia, Mauritius, as well as the United Kingdom. Credibility, professionalism, and ethics are their watchwords.
Conclusion
YoutradeFX.com is comparatively a new comer to the scene of Forex trading, but it has brought a strong following, based on independent customer testimonials. Although the firm is completely new, it seems to have the right strategies and tools for the gain and success, their stated goal.