YuloFX Spreads, leverage, minimum deposit Revealed

　　General Information & Regulation

　　YuloFX is a forex broker registered in the Virgin Islands and is not currently subject to any active regulation.

　　Market Instruments

　　YuloFX offers investors a range of investor products, including over 55 popular currency pairs in the Forex market, precious metals, crude oil, soft commodities, stock CFDs, and indices.

　　 Minimum Deposit

　　To meet the needs and trading experience of different investors, YuloFX offers four different trading accounts: Starter (minimum deposit of $100), Ultra (minimum deposit of $1000), First Class (minimum deposit of $2000), and VIP.

　　YuloFX Leverage

　　Trading leverage varies depending on different trading accounts. The maximum trading leverage available for the starter account is up to 1:1000. Since margin trading is full of risks, inexperienced traders are not advised to use such high leverage level in case of fund losses.

　　Spreads & Commissions

　　In terms of spreads and commissions, the spread on the EURUSD pair the for starter account starts at 2.5 pips, and no commissions are charged. The VIP account and First-class account offers spread starting at 0 pips, with commissions of $7 per lot.

　　Trading Platforms

　　YuloFX offers traders a white-label MT4 trading platform, which is currently the most popular Forex trading platform.

　　Deposit & Withdrawal

　　YuloFX supports traders to deposit and withdraw funds through various methods such as VISA, MasterCard, JCB, NETELLER, Skrill, Wire Transfer.