Unproved
Unproved
YoutradeFX
N/A
Founded in
2011 (15 Years)
Founded
Last online: No recent activity
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OVERALL SCORE
Licenses
--/40
Reviews
--/60
0 reviews
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Warning Report
Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.
Close
|
Oct 29, 2024
This broker is closed.
Close
|
Mar 12, 2024
This broker is closed.
Company Information
Get to know YoutradeFX
Company Information
Get to know YoutradeFX
YoutradeFX presented itself as an online broker providing access to trading in foreign exchange (forex), contracts for difference (CFDs), and other financial instruments. The company targeted retail investors, primarily in Europe. However, it operated without authorization from any major financial regulators. Consequently, multiple European authorities issued public warnings against the firm, identifying it as an unregulated and likely fraudulent operation. The company's website is now defunct, and it is no longer in business.
Industry
- Forex Retail BrokerPRIMARY
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