United KingdomTrading Env.
Company Information
What Is Regulation?
Forex regulation is therefore all about consumer protection. Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions.
What is Base Currency?
In the forex market, currency unit prices are quoted as currency pairs. The base currency – also called the transaction currency - is the first currency appearing in a currency pair quotation, followed by the second part of the quotation, called the quote currency or the counter currency. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses.
Broker Types
There are two types of brokers: regular brokers who deal directly with their clients and broker-resellers who act as intermediaries between the client and a larger broker. Regular brokers generally are held in higher regard than broker-resellers.
What is Trading Platform?
A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three.
Trading Services
What Is Hedging?
Hedging with forex is a strategy used to protect one's position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about hedging forex pairs in this way. One is to place a hedge by taking the opposite position in the same currency pair, and the second approach is to buy forex options.
What Is Scalping?
Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit.
What Is Indices?
The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall.
What Is Commodities?
The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves. ... Traders and investors looking to gain exposure to commodity price fluctuations often take positions in commodity currency pairs as a proxy investment to buying commodities.
Suitable For
Trading Account Options
Forex Leverage
Leverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. ... Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses.
What Is Mini Account?
A forex mini account is a foreign exchange (FX) account which allows beginner traders to enter the currency market using smaller size (mini lot) positions and trading quantities, thus lowering the funds at risk and limiting potential losses.
What Is Segregated Account?
Segregated account is an important term in the context of Forex trading in which a broker holds their client funds in segregated (separate) accounts that are different from the broker's core banking account. Segregated accounts are used to differentiate between the broker's working capital and its client investments.
What Is Managed Accounts?
A managed forex account is where a professional trader/money manager manages the trading on the clients' behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs.
What Is Islamic Account?
An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. ... As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates.
Payment Methods & Transaction Fees
Deposit Methods
Withdrawal Methods
Gateway Fees
| Gateway | Fees |
|---|---|
| Skrill | 2.99% + $0.30 per transaction |
| WebMoney | 0.8% - 2.5% of the transaction amount |
| Perfect Money | 0.5% - 1.9% of the transaction amount |
Spreads & Commissions
Customer Support
Advantages & Disadvantages
Advantages
- Access to popular industry-standard MetaTrader 4 / MetaTrader 5 software.
- Risk-free Demo account options available for practice.
- Scalping trading strategies are permitted on accounts.
Disadvantages
- Low Trust Score rating (24/100); trade with precaution.
- Unregulated broker operations - higher potential security risk.
- Higher entry deposit barrier required (Min deposit: $1000).
- Commissions apply on trades, which might increase execution costs.
- Restricted service - does not accept traders from the USA.
Active Bonuses & Promotions
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User Reviews & Feedback
3 Comments
I lost 42000 euros to binary options and i kept losing more to brokers until i met Mr Bart Kasch who helped me recover all my money. He is very good at his job, well principled and i occasionally enjoy his insights on trading. If you are in need of a recovery agent or a reliable trade consultant,i recommend you contact him at Bartkasch AT Affiliaterecovery DOT com
Had me for 32000USD but i got it back with the help of Mr Bart Kasch who helped me regain my money. YaMarkets is a big scam, stay away and if you have been a victim to any broker you can contact him at BARTKASCH AT AFFILIATERECOVERY DOT COM for help
With very very close personal experience with owner of YaMarkets, This fraud broker not
recommended to even Blood Relatives of YaMarkets Owner #420 Mr. Manoj Kumar s/o Ramesh
Khatri Grand s/o Sube Singh resident of 6 Raipur Shahpur Turk,Sonipat-Haryana (INDIA) Pin
Code.131001, However no response of phone calls but still mentioning number
+919812137983 , +917027137983 , +919818668416
Many other addresses also belongs to Manoj Kumar and his Company:
A307 A 3rd Floor, Roman Court Ansal Kundli, Sonipat Sonepat HR 131028
Highway Garage Multi Brand Car Workshop A-15, MAIN G.T ROAD,SINGU, BORDER, Kundli,
Sonipat, Haryana 131028
PLOT NO. 4, FLOOR 2ND BLOCK – C PKT – 8 SECTOR 7, LANDMARK SAI BABA CHOWK,
ROHINI NEW DELHI North West DL 110085 IN
So other traders are completely advised to DO NOT trade with this fraud broker and stay away
as much as you can because THIS BROKER IS HARMFUL
He is Degree Holder of Masters in Cheating. Having Complete Team of Fraudsters, Company
Registered at Fake UK & Vanuatu Address which is also confirmed by an Russian Trader.
Owner not interested to pay back single penny of even deposit amount also, so traders don’t
think about the profit amount ever.
YaMarkets is Complete B Book Fraud Broker No LP Connected, No Funds Deposit /
Withdrawal regulations, Too much irregularity into their MT5 Terminal like many times
Account / Trading Disabled due to monthly maintenance fees $3000 not paid to MetaQuotes
can verify also by attachments as penalty applied, Suddenly any symbols deletes or margin
setting changed for stopping out client’s account, Even many times Manoj himself requests
clients to lend some money so that Manoj can pay for Feeds/Quotes which YaMarkets getting
from MatchTarde.
Everyone will definitely get Surprised after knowing that YaMarkets Trading Platform is
completely OFF from 12Dec2019 to 25Jan2020 and runs only till 6April2020 which clearly
shows stability of Broker.
In around every 10-12months Manoj Deletes all client data from his MT5 server and let client
trouble then after give excuses of server hacked and all data lost. Due to this forgery currently
also hundreds of local(Indian) and international traders are suffering very badly.
MT5 License No.6575147 Provided by MetaQuotes to YaMarkets(Manoj Kumar)
So i again warn everyone to stay away from this Greedy of Deposits only Fraudster Broker
YaMarkets (Manoj Kumar) otherwise you will lose your whole hard earned money FOREVER.