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No Regulation
Score
1.09 /10
Danger
YCHpro
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.78
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-11-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
YCHpro information
YCHpro provides consumers with a 10% bonus on each deposit, up to a maximum of $2,000, which attracts many customers. However, it is not regulated, which will lead to many legal risks.
Pros and Cons
| Pros | Cons |
| 6 tradable assets | Not regulated |
| Bonus up to $2,000 | Relatively new |
| Leverage up to 1000:1 |
Is YCHpro Legit？
YCHpro is owned and operated by GoDaddy.com, LLC., whose registration number is 54930014QNWWH8OAC930. However, we cannot find any information on the Financial Services Commission (FSC) and it is also not regulated by FCA and ASIC.
What Can I Trade on YCHpro？
YCHpro offers 500+ different trading instruments across 6 tradable assets: Forex, Indices, Commodities, Energy, Metals, Stocks. However, crypto currencies are not included.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Energy | ✔ |
| Stocks | ✔ |
| Cryptos | ❌ |
Account Type
YCHpro offers 3 account types: Micro Account, Standard Account, VIP Account.
Micro Account is suitable for those who are beginners.
Standard Account is a good choice for someone who wants to know more about brokers.
VIP Account fits those who are experienced.
The procedure of opening an account is simple and fast.
YCHpro Fees
In the industry, YCHpro's fees are relatively modest. And the fees depend on the different accounts.
Non-Trading Fees
| Deposit Fee | Micro Account: $100/initial deposit |
| Standard Account: $500/initial deposit | |
| VIP Account: $3,000/initial deposit | |
| Withdrawal Fee | $0 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, ios, andriod | Who are experienced |
Deposit and Withdrawal
This broker does not charge deposit or withdrawal fees, and its minimum deposit is $100.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Mastercard | $0 | $0 | instant |
| Visa | $0 | $0 | instant |
| Skrill | $0 | $0 | instant |
| Neteller | $0 | $0 | instant |
| Bank/Wire Transfer | $0 | $0 | 1 - 3 business days |
| Fasapay | $0 | $0 | instant |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Mastercard | $0 | $0 | instant |
| Visa | $0 | $0 | instant |
| Skrill | $0 | $0 | instant |
| Neteller | $0 | $0 | instant |
| Bank/Wire Transfer | $0 | $0 | 1 - 3 business days |
| Fasapay | $0 | $0 | instant |
Customer Service
YCHpro provides an online customer service that is available 24/7. Additionally, we have the option to submit an online form, make a fast phone call at +230 2149453, or send an email to support@YCHpro.com.
| Contact Options | Details |
| Phone | +230 2149453 |
| support@YCHpro.com | |
| Support Ticket System | ❌ |
| Online Chat | 24/7 |
| Social Media | ❌ |
| Supported Language | English, Chinese |
| Website Language | English, Chinese |
| Physical Address | Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis 11328 |
The Bottom Line
The biggest advantage of YCHpro is the products and bonuses that it provides, which attracts many traders. However, the absence of regulation has resulted in many risks. If a trader is bold, YCHpro is a great choice.
FAQs
Is YCHpro safe？
No, clients may suffer financial loss or even legal risk because it is not regulated.
Does YCHpro truly offer commission-free trading？
The broker does not reveal info on commissions on the website.
What kind of trading platform does YCHpro offer？
It offers the industry-leading MT5, which is suitable for professsionals.
Is YCHpro good for beginners？
Yes, YCHpro offers trading strategies to assist clients in learning the most recent market trends to acquire trading opportunities. It also helps clients to enhance their trading skills.
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