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YCHpro Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-02 17:57

Abstract：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.

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
Email	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.