User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
Company Name
YAIBROKERS LLC
Company Abbreviation
Y.A.I BROKERS
Platform registered country and region
Canada
Company website
Company summary
Pyramid scheme complaint
Expose
| YAIBrokers Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Canada |
| Regulation | SERC (Unverified) |
| Market Instruments | Forex, Indices, Energies, Precious Metals, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 0.2 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Customer Support | Tel: (+1) 225 267 993 |
| Email: info@yaibrokers.com | |
| Address: 1st Floor, Frist St. Vincent Bank Ltd Building, Jame Street, Kingstown, VC, Saint Vincent & Grenadines | |
| Address: 439 University Avenue, Toronto, Canada | |
| Regional Restrictions | E.U. member states, The United States, Canada, Japan, Turkey, Australia |
YAIBrokers Information
YAIBrokers, founded in 2015 and registered in Canada, claims to be regulated by Cambodia's Securities and Exchange Regulator, albeit this is not verified. It provides high-leverage trading (up to 1:2000) on over 500 assets, including FX, indices, commodities, precious metals, and cryptocurrencies, using MT5. The broker offers several account kinds, including swap-free options, and charges fair fees with minimal spreads. However, it does not provide services for residents from certain areas.
Pros and Cons
| Pros | Cons |
| Wide range of tradable instruments | Unverified license |
| Demo account available | Regional restriction |
| Four account types | |
| MT5 supported | |
| Low minimum deposit of $10 | |
| Diverse payment options |
Is YAIBrokers Legit?
YAIBrokers claims to be licensed by the Securities and Exchange Regulator of Cambodia (SERC) under license number 033 and holds a Common Financial Service License. However, the licensing status is now unverified, and the broker is not one of the fully regulated businesses publicly confirmed by the SERC.
What Can I Trade on YAIBrokers?
YAIBrokers provides access to over 500 instruments from a wide range of asset sectors, including forex, indexes, energies, precious metals, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energies | ✔ |
| Precious Metals | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Types
YAIBrokers has four types of live trading accounts, each with unique trading conditions, spreads, and swap rules. In addition, they offer swap-free (Islamic) account alternatives on select account types, as well as a demo account for practice.
| Account Type | Minimum Deposit | Leverage | Swap Free | Currencies |
| Professional | $10 | Up to 1:2000 | ✔ | USD, KHR, THB |
| Standard | $10 | Up to 1:2000 | ❌ | USD, KHR, THB |
| Fixed Spread | $10 | Up to 1:200 | ✔ | USD, KHR, THB |
| Zero Spread | $10 | Up to 1:200 | ✔ | USD, KHR, THB |
Leverage
YAIBrokers provides leverage of up to 1:2000, allowing traders to control much larger positions with relatively little capital. While high leverage might boost prospective earnings, it also raises the possibility of significant losses.
YAIBrokers Fees
YAIBrokers has exceptionally reasonable trading costs, with raw spreads on major currency pairs starting as low as 0.2 pips and gold spreads starting at $0.11. While RAW accounts have a $3.75 per side commission, Standard accounts are commission-free, lowering the broker's overall cost structure compared to many industry counterparts.
| Product Category | Example Instruments | Account Type | Minimum Spread | Commission |
| Forex | EURUSD, GBPUSD, USDJPY | RAW | 0.2 pips | $3.75 per side |
| Standard | 0.2–0.4 pips | None | ||
| Precious Metals | Gold (XAUUSD), Silver (XAGUSD) | RAW | 0.11 / 0.011 | Charged |
| Standard | 0.20 / 0.020 | None | ||
| Cash Indices & Commodities CFDs | WS30, SP500, NAS100, DAX30, Oil | RAW & STD | 1.0–15.0 pts | None |
| Futures CFDs | CL, BB, GC, SI, NKD, etc. | All Accounts | From 0.015 | Data fees may apply |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 (MT5) | ✔ | Windows, macOS, iOS, Android | Experienced traders |
| MetaTrader 4 (MT4) | ❌ | / | Beginners |
Deposit and Withdrawal
YAIBrokers does not typically impose fees for deposits or withdrawals, with occasional exceptions for low trading volume or specific tactics. The minimum deposit for e-wallets is normally $5 USD, whereas most other methods require $500 USD/EUR/GBP.
| Deposit Method | Minimum Deposit | Fees | Processing Time |
| Debit & Credit Cards | 500 USD/EUR/GBP | Free | Instant |
| Bank Wire Transfer | 500 USD/EUR/GBP | Free | Instant |
| E-Wallet (Skrill, etc.) | 5 USD | Free | Instant |
| Internal Transfer | 500 USD/EUR/GBP | Free | Instant |
| USDT (Tether) | No minimum stated | Free | Instant |
| Withdrawal Method | Minimum Withdrawal | Fees | Processing Time |
| Debit & Credit Cards | No minimum | Free | 2–5 business days |
| Bank Wire Transfer | No minimum | Free (client may pay intermediary fees) | 2–5 business days |
| E-Wallet (Skrill, etc.) | $5 USD | Free(1 free/month, then 1–2%) | Within 24 hours |
| USDT (Tether) | No minimum | Depends on wallet network fee | Instant |
start to write first comment