Forex Broker – YouTradeFX

YouTradeFX Review

YouTradeFX is a fast growing forex broker, and is regulated by the FSC (Financial Services Commission) and ASIC (The Australian Securities and Investments Commission). Traders can begin trading in 1 of 12 international languages with this broker. Additionally, there is a support team available during the market hours in your specific region of the world. The website offers a fresh look that is unusual for forex brokers, along with many interesting features. Read on to learn more about the trading tools and services at YouTradeFX.

Company Information

Name:
YouTradeFX
Website:
www.youtradefx.com
Founded in: 
2008
Headquarters:
Tortola, British Virgin Islands
The Owner:
Youtrade Holdings Limited
Regulation:
FSC, ASIC
Phone:
+44 207 3183333
Email:
Online Form
Minimum Lot Size:
1,000
Maximum Leverage:
1: 500
Minimum Deposit:
$100
Minimum Trade Amount:
$10
Maximum Per Trade:
N/A
Languages Available:
English, French, Portuguese, Spanish, Arabic, German, Russian, Vietnamese, Italian, Japanese, Dutch, Chinese

Trading Platform

This broker offers among the highest number of trading platforms in the forex industry. This includes the MetaTrader Platforms, Web Platforms, Binary Options, Automated Trading and the AutoChartist. You can trade each one of these separately or simultaneously, depending on your personal trading style.

The MetaTrader 4 trading platform is the world’s leading platform, offering automated trading, mobile trading, a secure trading interface and 24 hour customer support. Enjoy instant execution, multiple orders, the ability to implement different trading strategies, 50 built-in indictors and advanced analytical tools.

You have the freedom of trading the MetaTrader 5 platform at YouTradeFX. It has all the great features of the MT4 and the ability to trade forex, indices, futures, CFDs, commodities and stocks all from one account. Additionally, manage your different trading accounts; receive real time news and instant execution. This account is suitable for all types of financial market traders.

The MetaTrader 4 MultiTerminal lets you manage several multiple accounts in real time. This trading platform is ideal for money managers and traders who need to manage more than one trading account. The MetaTrader 4 MultiTerminal allows you to supervise a high quantity of trading accounts, place different order types, get quotes for many symbols and view account history. You may spread the trading volume across accounts or equally distribute the volume. This is ideal for Live accounts and Demo accounts, as you can benefit from the following: multilingual interface, Forex and CFD trading, efficient account management and more.

The Web Trader is a platform offered by many brokers, allowing you to trade the markets in a web-based trading environment. Be sure to check this account out before you start trading at YouTradeFX.

You can trade on the go with the Mobile Platform. The mobile MetaTrader lets you receive the best features of the MetaTrader trading platform on your iPhone, so you will never miss out on trading ever again.

You can connect your trading account and trading platforms to the ZuluTrade platform. Therefore, conduct your trades via the autotrade service24 hours a day. You can trade Forex and CFDs all in one platform and in real time. Visit the YourTradeFX website to learn more about the ZuluTrade platform.

The Mirror Trader trading platform enables you to mirror the trades of successful traders and automatically execute trades. This platform is offered by other leading brokers too.

The Binary Options trading platform offers traders a new way to trade the financial markets. You can trade forex, stocks, commodities and indices with minimum hassle. Trade your favorite assets from $10 and receive up to 400% profit. In addition, there is no leverage on this trading platform, which means trading risks are minimized.

Main Features

The accounts available at YouTradeFX are the Demo account, Mini account, Standard account and Premium account. These accounts enable different categories of traders to trade the markets in real time.

The Demo account consists of $50,000 in virtual money, allowing you to have a top quality trading practice. It has many of the main features of the MetaTrader, but with the reduced risk. If you want to get a taste of trading at YouTradeFX, then try out the Demo account.

The Mini account is ideal for beginners that want to start their trading experience quickly with this broker. The minimum deposit for this account is $100, making it accessible to a wide range of international traders. The maximum leverage is 1:500 and you can trade the leading currency pairs.

The Standard account is catered to traders who deposit $2,000-$10,000. The spread is low at 3 pips, the maximum leverage is 1:300 and the support quality is excellent.

The Premium account is ideal for advanced forex traders, and the deposit range is $10,000-$100,000. Spreads start from 2 pips and the leverage is 1:200. All of the trading accounts contain the required features for an enjoyable trading journey.

Customer Support

We found the customer support team to be quite helpful. There are many global support numbers that are available in different languages. We contacted the French, Arabic and English speaking support team via phone and email, and are happy to say that the response time was quick. Additionally, each question was answered fully to our relief. The live chat service responded to our questions immediately and they were quite obliging. If you are looking for a broker that provides top quality support, you should pay YouTradeFX a visit today.

User Friendly

YouTradeFX offers highly user friendly trading platforms, and one of the most attractive websites we have come across in terms of a forex broker. The education tools include Learn to be a Trader, MetaTrader 4 Video Tutorial, Learn to be a Pro, PDF Guides, Glossary, FAQs, Video Lessons and Building Strategies. This is a very good choice of education features for the forex industry.

There are also many market tools you can use while trading at YouTradeFX, including Daily Market Analysis, Market News, Futures Expiration Dates, World Interest Rates, Pip Calculator, Currency Convertor and Trading Signals. All these features show just what a top broker YouTradeFX really is.

You have a range of deposit methods to choose from with this broker. This includes cashU, wire transfer, credit card, Moneybookers, WebMoney and other leading methods. In addition, the registration process is a user friendly experience for all trading levels.

Ultimate Overview

There are many advantages at YouTradeFX, putting this broker the top of the bunch. There are Islamic trading accounts for traders that wish t to trade under Sharia law. You can trade from 1 pip spread, no slippage, many different instruments and with numerous education tools. All these features put YouTradeFX in their own league when it comes to trading Forex and CFDs.