Our Review of YouTradeFX
YouTradeFX offers its customers the latest trading applications using desktops, laptops, smartphones or tablets. There system has been designed for use by asset managers or individuals and operates using the popular MetaTrader 4 platform.
YouTradeFX serves the entire global investment community in over 100 languages. They are based in the country of Australia and are incorporated there as well. They are regulated by the Australian Securities and Investments Commission.
Using YouTradeFX as your broker offers many advantages. You can leverage up to 1:500 which gives you powerful buying opportunities. There are no margin requirements for accounts under $100,000, and it is easy to get started. Their spreads start at only 1 pip; a rate that is fixed for an entire 24 hours. YouTradeFX has a low $100 initial deposit to make your first trade.
Because YouTradeFX has a wide range of clientele the world over, they offer four different levels of accounts. The Mini account class is for under $2,000. The next class is up to $10,000. This is the Standard account. The Classis account is for over $10,000 up to $100,000, and their Premium account is for over $100,000.
YouTradeFX offers 49 tradable instruments that include 44 currency pairs as well as gold, silver, oil and the larges indices.