Score

1.41 /10
Danger

YUV Markets

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.22

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

Broker Information

More

Company Name

YUV Markets

Company Abbreviation

YUV Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

YUV Markets · Company summary
Information Details
Registered Country/Area Saint Vincent and the Grenadines
Founded Year Information not provided
Company Name YUV Markets
Regulation No regulation
Minimum Deposit $10,000 (Platinum Account)
Maximum Leverage Up to 1:500
Spreads Information not provided
Trading Platforms MetaTrader 4 (MT4)
Tradable Assets Forex, Bullion, CFDs
Account Types Platinum, Standard, Mini
Demo Account Information not provided
Islamic Account Information not provided
Customer Support Mobile, Phone/Fax, Email
Payment Methods Wire Transfer, China Union Pay, Visa/Mastercard, AsiaPay
Educational Tools Information not provided

Overview

YUV Markets is a trading platform that caters to the diverse needs of traders worldwide. With an experienced management team, YUV Markets offers a range of trading opportunities in various markets. From the intraday market with significant daily turnover to the realm of precious metals, YUV Markets provides access to a variety of assets. Traders can benefit from features such as competitive spreads, leveraged financial instruments, efficient execution, personalized support from brokers and market specialists, and access to market reports and analysis tools. YUV Markets aims to empower traders to make informed decisions and explore potential opportunities. Start your trading journey with YUV Markets today and discover a world of possibilities.

Pros and Cons

Pros Cons
Diverse account types and options Lack of specific spread and commission information
High leverage options Absence of regulatory information
Access to a range of trading instruments Potential concerns about investor protection and oversight
Competitive spreads Limited information on deposit and withdrawal methods
Institutional-grade trade execution Unavailability of the official website at the time of writing
Customer support available via multiple channels

Regulation

Warning: No regulation!! A broker with no regulation operates without oversight or supervision from any regulatory authority. This lack of regulation raises concerns about investor protection, transparency, accountability, security of funds, and dispute resolution. Investors should exercise caution when dealing with unregulated brokers and opt for licensed and regulated brokers for greater safeguards and oversight.

regulation

Market Instruments

YUV Markets provides a diverse range of trading instruments, allowing clients to access various financial markets and trade different asset classes. These instruments include forex, bullion (gold and silver), and CFDs (Contracts for Difference) on indices and commodities.

  1. Forex:

products

Forex trading is a prominent offering at YUV Markets, enabling clients to speculate on the value of one currency against another. With the largest daily turnover in the financial market, the forex exchange provides opportunities to trade major currency pairs, cross-currency pairs, and exotic currency pairs. The forex market offers flexibility, transparency, lower transaction costs, leveraged trading, and the ability to go long or short. YUV Markets provides competitive spreads, leverage up to 500:1, and institutional-grade trade execution for forex trading.

  1. Bullion:

products

Bullion trading involves the buying and selling of precious metals, specifically gold and silver. Gold, a highly valuable metal with historical significance, and silver, another precious metal, are popular commodities due to their physical value and adaptability for both short-term and long-term speculative investing. YUV Markets offers trading on gold and silver, providing lower spreads, leverage up to 200:1, and institutional-grade trade execution.

  1. CFDs (Contracts for Difference):

products

CFDs are derivative trading instruments that allow clients to speculate on the price movements of various financial markets without owning the underlying assets. YUV Markets offers CFDs on a wide range of markets, including stock indices, energy products, and commodities. Clients can access global markets, trade a variety of stock indices and energy products, benefit from low margin requirements, and enjoy 100% DMA (Direct Market Access) execution. CFDs provide opportunities for diversification and allow traders to take advantage of both rising and falling markets.

Account Types:

Here's the revised description of the account types for YUV Markets:

  1. Platinum Account:

    1. Benchmark: This account type sets the benchmark for maximum leverage, minimum deposit, minimum spread, and other features.

    2. Maximum Leverage: 1:500

    3. Minimum Deposit: $10,000

    4. Minimum Spread: 0.5

    5. Products: Currency trading and other available instruments

    6. Minimum Position: 1 lot

    7. Supported EA: Yes

    8. Depositing Method: Information not provided

    9. Withdrawal Method: Information not provided

    10. Commission: Information not provided

  2. Standard Account:

    1. Benchmark: This account type sets the benchmark for maximum leverage, minimum deposit, minimum spread, and other features.

    2. Maximum Leverage: 1:500

    3. Minimum Deposit: $1,000

    4. Minimum Spread: 1.6

    5. Products: Currency trading and other available instruments

    6. Minimum Position: 0.1 lot

    7. Supported EA: Yes

    8. Depositing Method: Information not provided

    9. Withdrawal Method: Information not provided

    10. Commission: Zero commission

  3. Mini Account:

    1. Benchmark: This account type sets the benchmark for maximum leverage, minimum deposit, minimum spread, and other features.

    2. Maximum Leverage: 1:500

    3. Minimum Deposit: $100

    4. Minimum Spread: 2.2

    5. Products: Currency trading and other available instruments

    6. Minimum Position: 0.01 lot

    7. Supported EA: Yes

    8. Depositing Method: Information not provided

    9. Withdrawal Method: Information not provided

    10. Commission: Zero commission

Please note that the table provides an overview of the key features of each account type. Additional details regarding depositing and withdrawal methods, as well as commission structures, may need to be obtained directly from YUV Markets.

Leverage

leverage

YUV Markets offers its clients a maximum trading leverage of up to 1:500. Leverage allows traders to amplify their trading positions by using borrowed funds provided by the broker. With a leverage ratio of 1:500, traders have the potential to control positions that are 500 times larger than their invested capital. This high leverage ratio provides the opportunity for traders to magnify potential profits, but it's important to note that it also amplifies the risk involved in trading. Traders should exercise caution and ensure they have a thorough understanding of leverage and risk management strategies before utilizing high leverage ratios.

Spreads & Commissions

spread-commission

YUV Markets offers spreads and commissions that may vary depending on the trading accounts. The spreads represent the difference between the bid and ask prices of the financial instruments being traded. While specific spread values are not mentioned in the given information, it is implied that different account types have different minimum spread requirements. Traders should refer to the account type they choose to determine the applicable spread for their trading activities.

Regarding commissions, the information does not explicitly state the presence of commissions for any particular account type. It indicates that the Standard Account has zero commission, but the presence or absence of commissions for other account types is not mentioned. Traders are encouraged to refer to the detailed account information provided by YUV Markets or directly contact the broker to obtain specific details on commission structures and any potential variations based on different trading accounts.

Please note that obtaining comprehensive information on spreads and commissions is crucial for traders to evaluate the cost of trading and to make informed decisions. Therefore, it is recommended that traders consult the broker directly or refer to the official documentation provided by YUV Markets for accurate and up-to-date information regarding spreads and commissions for each specific trading account.

Deposit & Withdrawal

deposit-withdrawal

YUV Markets offers convenient and efficient deposit and withdrawal options to cater to the needs of their clients. Deposits can be made using three funding methods, while withdrawals are processed promptly to ensure timely access to funds.

Deposits:

  1. Wire Transfer: Clients can deposit funds in 10 different base currencies through wire transfer. The processing time for wire transfers is typically 1-2 working days, and bank fees may apply.

  2. China Union Pay (CUP): CUP allows clients to deposit funds in Chinese Renminbi (RMB). The processing time for CUP deposits is approximately 0.5-1 hour, and no extra fees are charged for this method.

  3. Visa/Mastercard: YUV Markets accepts deposits in 10 different base currencies through Visa and Mastercard. Deposits made via credit or debit cards are processed instantly, allowing clients to start trading immediately. No extra fees are charged for Visa/Mastercard deposits.

  4. AsiaPay: Clients can deposit funds in 10 different base currencies through AsiaPay. This payment method offers instant processing, ensuring that funds are available for trading without delay. No extra fees are charged for AsiaPay deposits.

Withdrawals:

YUV Markets aims to process all withdrawal requests on the same day they are received, ensuring swift access to funds. The time it takes to receive withdrawals varies depending on the chosen withdrawal method.

  1. Wire Transfer: For withdrawals via wire transfer, an approximate fee of USD 30 is charged by YUV Markets's banking institutions. This fee is deducted from the withdrawal amount, and clients can expect to receive their funds within 2-3 working days.

  2. China Union Pay (CUP): Withdrawals made through CUP incur no fees, and the withdrawn amount is settled in Chinese Renminbi (RMB) based on the current onshore pricing of commercial banks in China.

  3. Credit Cards: If the initial deposit was made with a credit card, funds will be returned to the same card within 60 days. Credit card withdrawals follow the same processing time as the initial deposit.

Trading Platform

The trading platform offered by YUV Markets provides a range of features and tools to facilitate trading in the financial markets. Here is a description of the key components:

  1. MetaTrader 4 (MT4): This popular trading terminal serves as a comprehensive platform for executing trades in various financial instruments. It offers essential tools for price analysis, trade execution, and supports the use of automated trading programs known as Expert Advisors.

trading-platform
  1. MT4 Mobile Trading: The mobile application of MetaTrader 4 enables traders to manage their trading accounts using smartphones and tablets. It provides analytical options, graphical display of quotes, and complete control over account management functions.

  2. MT4 MultiTerminal: Specifically designed for money managers and traders handling multiple accounts, MT4 MultiTerminal allows simultaneous management of various trading accounts. It includes features such as account management, multiple order types, a history report center, and a news feed.

  3. MT4 MAM/PAMM: This integrated software tool is ideal for money managers who execute block orders under a master account and distribute trades to client accounts. It supports managing multiple accounts using Expert Advisors, and offers allocation methods and order types.

Customer Support

YUV Markets provides customer support to assist traders with their inquiries and concerns. Traders can get in touch with the support team through various channels:

  1. Mobile: Traders can reach out to YUV Markets' customer support team via mobile phone at +961 76 500 091. This direct contact number allows for prompt communication and assistance.

  2. Phone/Fax: Traders can also contact YUV Markets' customer support team through the provided phone/fax number, +1 784 485 6124. This allows for both voice calls and fax communications, catering to different preferences.

  3. Email: For written correspondence, traders can send their inquiries and requests to support@yuvmarkets.com. The support team will address the emails promptly and provide the necessary assistance or information.

The support team is available to help traders navigate various aspects of their trading experience, including account-related inquiries, trading platform guidance, technical support, and general questions. They aim to provide timely and helpful responses to ensure traders have a positive experience with YUV Markets.

Please note that the support team operates during specified working hours, and response times may vary based on the volume of inquiries received. Traders are encouraged to provide clear and concise information in their communications to facilitate efficient assistance.

Additionally, YUV Markets' physical address is located at 1st Floor, First St Vincent Bank Ltd bldg, James St. Kingstown, Saint Vincent And The Grenadines VC0100. However, it is important to note that the physical address may not be directly related to customer support inquiries but rather serves as the registered location of the company.

Traders are advised to use the provided contact details for customer support purposes and refer to the official YUV Markets channels for accurate and up-to-date information.

Summary

YUV Markets is a trading platform that aims to cater to the diverse needs of traders worldwide. The brokerage offers various account types, including the Platinum, Standard, and Mini Accounts, providing traders with options suited to their experience levels and capital sizes. With a maximum leverage of up to 1:500, traders have the potential to amplify their positions and potentially increase their profits. YUV Markets provides access to a range of trading instruments, including forex, bullion (gold and silver), and CFDs on indices and commodities. Traders can benefit from competitive spreads, leverage options, and institutional-grade trade execution.

However, there are some important considerations. The lack of specific information regarding spreads and commissions for different account types may require direct contact with YUV Markets for comprehensive details. Additionally, the absence of regulatory information raises concerns about investor protection and oversight. Traders are encouraged to exercise caution and opt for licensed and regulated brokers for enhanced safeguards.

YUV Markets offers customer support through various channels, including mobile, phone/fax, and email, ensuring traders can seek assistance promptly. Deposit and withdrawal options are available, including wire transfer, China Union Pay, and Visa/Mastercard, while the associated fees and processing times may vary.

In conclusion, YUV Markets provides a trading platform with diverse offerings and potential benefits such as leverage and a variety of tradable instruments. However, traders should carefully consider the lack of specific spread and commission information, regulatory oversight, and choose the most suitable account type based on their individual needs and risk appetite. It is recommended to conduct thorough research and seek further clarification from YUV Markets before engaging in trading activities.

FAQs

Q1: What funding methods are available for deposits?

A: YUV Markets offers wire transfer, China Union Pay (CUP), and Visa/Mastercard as funding methods. Contact customer support for more details.

Q2: Is YUV Markets regulated?

A: Regulatory information is not provided. Consider choosing regulated brokers for enhanced safeguards.

Q3: What trading platforms does YUV Markets offer?

A: YUV Markets offers MetaTrader 4 (MT4) platform for desktop, web, and mobile trading.

Q4: What is the maximum leverage at YUV Markets?

A: The maximum leverage is up to 1:500, allowing traders to control larger positions relative to their invested capital.

Q5: How can I contact YUV Markets customer support?

A: Contact customer support via mobile phone, phone/fax, or email for assistance.

User Reviews

More

User comment

2

Comments

Write a review

William Anderson
more than one year
Spreads were tighter than a new pair of shoes. Trying to make a decent profit was like getting a camel through the eye of a needle. You'd have better luck watching paint dry; it was slow to the point of being painful. Customer service? Like talking to a rock - unresponsive and unhelpful.
Spreads were tighter than a new pair of shoes. Trying to make a decent profit was like getting a camel through the eye of a needle. You'd have better luck watching paint dry; it was slow to the point of being painful. Customer service? Like talking to a rock - unresponsive and unhelpful.
Translate to English
2023-10-10 16:38
Reply
0
0
FX1301089420
more than one year
YUV Markets is registered with Saint Vincent and the Grenadines. As far as I know, there are many scam companies registered in this country. as for me, I wouldn't rush to trade here.
YUV Markets is registered with Saint Vincent and the Grenadines. As far as I know, there are many scam companies registered in this country. as for me, I wouldn't rush to trade here.
Translate to English
2023-03-01 15:43
Reply
0
0