General Information
Launched in 2020, YaMarkets Ltd is an online forex broker registered in the United Kingdom, committed to ensure a transparent and unbiased trading environment for its clients. YaMarkets Ltd offers its clients access to the worlds most popular trading platform-MT4, a wide range of trading instruments, leverage up to 1:1000, as well as 24x7 professional customer care.
Market Instruments
YaMarkets Ltd provides its cleints access to an array of trading assets including currency pairs, cryptocurrencies, precious metals, indices, commodities, all available through the brokerage platform.
Account Types
There are four trading accounts on offer with YaMarkets, namely Ultimate, Standard, Royale, and ECN, with the minimum initial deposit for each account ranging from merely $10 to as high as $5,000. The Swap-free option are available for all four trading accounts. The account currency available is only USD accepted. Margin Call: 70%, Stop Out: 50%.
Leverage
The maximum trading leverage offered by YaMarkets is up to 1:1000, which is a generous offering, ideal for professional traders and scalpers. However, since leverage can magnify your profits, but it can also cause to fund losses, especially to inexperienced traders. Therefore, it is essential for traders to choose the proper amount based on their risk tolerance.
Spreads & Commissions
Trading accounts are used to determine spreads and commissions, which means that the more money you have in your trading account, the less the fees you will be charged for trading. For instance, the spreads start at 1 pip for the Royale accounts, 1.5 pips for the Standard accounts, and 1.8 pips for the Ultimate accounts. YaMarkets gives investors the ability to trade on the interbank markets at the most competitive rates by setting up an ECN trading account, with spreads as low as 0.01 pips plus a certain commission.
Promotion
YaMarkets offers its clients promotion plans to attract potential clients, including 20% tradable bonus and 100% margin bonus, both available for a limited time.
Trading Platforms Available
YaMarkets give its clients the choice of the worlds most popular trading platforms-MetaTrader 4 & MetaTrader 5, which can be accessed on any device. MetaTrader 4 &5 features multiple technical indicators, powerful charting tools, enabling traders to operate trading bots such as EA, study financial markets.
Trading Tools & Resources
Aside from MT4 & MT5 trading platform, YaMarkets also offers some trading tools like Calculators, Educational Videos, Economic Calendars, and Daily Trading Signals to help clients quickly acquaint themselves with forex trading.
Deposit & Withdrawal
Concerning deposit and withdrawal, YaMarkets works with a series of payment processors to give its clients access to convenient deposit and withdrawal, including Local Banks, Wire Transfer, as well as e-wallet processors like Skrill, Neteller, airtel money , Google Pay and more.
Customer Support
Providing outstanding client service cannot be overestimated by a broker's competence. As for the contact information, YaMarkets offers its clients quick access to its customer care, and they can be reached through online chat as well as the following contact channels:
Email: support@yamarkets.com
Telephone: +357 22030234
Company Address: Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.
Besides, on some of the most popular social media channels like Facebook, Linkedin, Youtube, Instagram, you can keep up with this broker.
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