+44 151 994 3722 Guide – Read our In-Depth Review

This review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this review does not apply to US users.

This review contains the latest information about

If you are a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of broker as you continue trading. For starters, you need to select the right agent who'll be transparent with you always.

Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan will generate hefty returns. is just one such stage that will take you along with your investment to great heights. It is crucial that you understand all about before you trust them with your cash. review

Our entire Review covers everything you need to learn about trading using A good agent can multiply your initial investments and give you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investing goals.

There's absolutely no sure-fire method to ensure profits; thus, you must carefully assess your broker before you choose them. It's a common misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk. is a broker which has found its way successfully to the broker world. In this review, we have attempted to collate some of the vital aspects of This review will allow you to understand whether is a fantastic match for your investments or not. We have tried to breakdown all of the qualities and charges for your convenience. Review, Table Of Contents

Who are is a foreign exchange broker headquartered in Cyprus and provides a range of instruments for online trading. Since its start in 2009, has emerged as a top player in the field of online broker. includes an extremely competitive and full-featured trading site that is focused on currency, indices, metals, stocks , commodities.

Over the past 12 years, has grown into one of the leading online brokers.

After establishing in 2009, their customer base is becoming as big as 3,500,000+ clients. is a favorite for many traders because of its negative balance protection. Our review discovered that they are an superb choice for automated trading solutions. They're best suited for investors who are searching for a variety of assets. Social and automated trading solutions are the heart at

Technology plays a significant role at offers trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps. is fair, transparent, and a well-regulated broker by the International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.

The trader resource section at is very enlightening for new traders as it allows them to get a closer look in the financial markets. caters to all types of traders and are a must-have broker for any well-diversified approach to online trading.

Who Founded

The founders of are Constantinos Cleanthous

The founders of are famous for their experience in the world of online trading. However, there are a lot of other important men and women at who have a significant impact on it's success. founders

Benefits of doing online trading with

Trading with comes with many benefits. These advantages are what sets ahead of all other online agents. You should check all the advantages listed so you have a better comprehension of

The agent goes to great lengths to comprehend what traders want. As a result, the service price is low, fast, and convenient. The agent also provides a variety of programs for all kinds of traders. helps to ensure that the individual needs of all online traders are duly met. also features excellent trading conditions that are available to only an elite class of institutional customers. The tight spreads and quick executions are a great advantage for those traders. The technology embraced by is among the highest caliber, making sure that it is fast, reliable, and effective. acknowledges the importance of having a fast order execution. A quick implementation enables users to exchange without fretting about slippage safely. It is going to also help the dealers to catch the utmost profitable opportunities.

Automated trading is another important aspect of A new trader can learn from industry experts utilizing the automated trading alternative. The tight spread begins from as low as 0.0 pips, though they are offered for only razor accounts. has over 100 trading instruments to support all types of traders. These tools are dynamic and suitable for both new and seasoned traders. The traders can set aside all their concerns when trading with overview

Year Founded: 2009

Regulated By: International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)

Hedquarters: Cyprus

Minimum Deposit: $5

Number Of Clients: 3,500,000+

Your capital is at risk

If you feel that is not right for you then at the bottom of this review you wil find a lot of alternatives to

Everything you ought to know about trading with is a lively platform that offers various methods of online trading. These tools cover the monetary markets considerably. Most of the brokerage platforms offer fewer approaches than

If you would like to trade with, you will require a minimum deposit of $5. This deposit is mandatory if you would like to begin trading with This 2021 review will guide you clearly about trading with them. is as versatile as another broker platform. is great for traders that want a manageable array of low-cost services. The platforms offered by are third-party, white-label offerings. All traders can pick out of MT4, MT5, Mac, Web Trader, Tablet & Mobile apps.

Along with everything, has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction must be kept open. The agents provide premium customer service which rewards clients with advantages.

Many less reputable brokers try to pressurise customers into bigger funding for superior services., on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more advantages will come along. accounts are available globally and provides quality service everywhere they have customers. There are some select few countries where accounts are not available. Traders in the following countries cannot open or use a account:

Is Safe To Trade With?

Established in 2006, has been operating for 12 years, they are headquarted in Cyprus. is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). These bodies have rules that mandate that trading platforms have measures in place to keep investor's assets secured. This means that users don't need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption simplifies each user's personal information as well.

You can make use of a choice for 2 Factor Authentications (2FA) with for increased safety. An SMS for the verification code will be sent to your phone. You will be asked to input this code to log in to your account.

Another concern with fiscal brokers with regards to safety may be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is more widespread in the example of Market Maker agents who compete with users on the stage.

Pro's & Con's Of Trading With

Every online trading platform will have a few pros and cons review would be complete without having a balanced approach. This review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect. Pro's

  • is trusted by 3,500,000+ clients
  • offers Negative Balance Protection
  • doesn't charge withdrawal fees
  • doesn't charge deposit fees
  • doesn't charge CFD fees
  • offer trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
  • offer 100 trading instruments
  • trades major forex pairs
  • trades minor forex pairs
  • trades exotic forex pairs
  • can communicate in Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish Con's

  • does not offer Guaranteed Stop Loss
  • charge inactivity fees
  • doesn't offer trading on cryptocurrencies Review - Compare Brokers Similar To Ya-Hi ForexTB HYCM
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $5 $100 $250 $100
Year Founded 2009 2008 2015 1977
Headquarters Cyprus St. Vincent & the Grenadines Cyprus UK
Regulated By International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
Clients 3,500,000+ 10,000+ 5,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor Losses can exceed deposits Review - Regulation And Licencing In More Detail is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)., as a company, has a strong collection of rules for ensuring fair trading onto its platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information. Review - Awards

    At the time of writing this review, they had not received any awards. Review - Minimum Deposit Required

The minimum deposit you need to begin on is $5. This is a decent amount for those just starting out. It's possible to make more complex deposits as you cooperate. However, make certain that you know how to make the most of your money before investing larger sums. Review - Commission And Fees Explained is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily affected by the number of clients they have.

However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of penalties for this objective.

The first sort of charges to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you are spending a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those who are billed when you hold a leveraged position for more than a day.

Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They are billed for surgeries like depositing cash, not trading for long periods, or withdrawals.

Generally, does not charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, such as daily or weekly trading.

However, non-trading fees charged by are relatively competitive. As a result, you're charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of assets.

This review breaks down each of the applicable non-trading fees for you in detail.

Compare broker fees against Ya-Hi ForexTB HYCM
Minimum Deposit $5 $100 $250 $100
Withdrawal Fees No variable variable variable
Inactivity Fees Yes No Yes
Deposit Fees No No No
CFD Fees No Yes No Review - Withdrawal Fees Explained doesn't charge withdrawal fees

Withdrawal of money is possible at any moment from the account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't always need to have any money in your accounts.

Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash will be sent into the card. will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you're choosing to draw in. Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your mind while open an account with An inactivity fee is an amount charged to registered dealers who haven't engaged in buying or selling for some time. The period regarded as inactive is decided by the broker.

The inactivity fee also differs from one agent to another and isn't standardized. If a dealers account doesn't have a buying or selling transaction, it is claimed by the agent as an inactivity fee. The traders need to pay this fee under terms and conditions they had agreed while registering. charges an inactivity fee if you don't create any trades for a while.

Even if no charges have been implied by, it's best for you to close the account if you're inactive. Inactivity fees are not just charged by broker companies but also many financial services.

For additional trading platforms, the inactivity fee is contingent on the sort of account you've selected. The inactivity fee is exposed to a lot of circumstances and should be disclosed clearly by the broker beforehand. Review - Deposit Fees Explained

When you move money into your trading account by your bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this operation. doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the trading platform is easy. You simply need to finish a single-user profile survey to start depositing money into your trading account. You'll have to provide an identity proof and evidence of residency to deposit large amounts. Review - Compare Broker Deposit Methods Ya-Hi ForexTB HYCM
Minimum Deposit $5 $100 $250 $100
Credit Card Yes Yes
PayPal No Yes
Neteller Yes Yes
Skrill No Yes
Payoneer No Yes

What Can You trade With

Note: offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may differ depending on the country of residence of the client. has a wide variety of over 100 instruments available for you to trade with.

If trading forex pairs is of interest to you then offer over 80 forex pairs.

Compare, Ya-Hi, ForexTB & HYCM below. Ya-Hi ForexTB HYCM
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps iOS, OS, Desktop, Android MT4, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps
Instruments Available 100 262 100 100
Forex & Crypto
Forex Pairs Available 80 50 40
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes No Yes Yes
Offers Exotic Forex Pairs? Yes No Yes Yes
Offers Cryptocurrencies? No No Yes Yes
Commodity CFD's
Commodities Offered 15 0 0 10
Trade Metals? Yes No No Yes
Trade Energies? Yes No No Yes
Trade Agricultural? No No No Yes
Indiced & Stock CFDs
Stocks Offered 160 0 0 10
Trade UK Shares? No Yes No No
Trade US Shares? No No No Yes
Trade German Shares? Yes No No No
Trade Japanese Shares? Yes No No No

Your capital is at risk

Your capital is at risk

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor

Losses can exceed deposits

Alternatives To

If, after studying this review, doesn't quite meet your needs check out these alternatives.

We have scoured the internet to find the best alternatives to Click the links below to learn more.

Frequently Asked Questions about

Can I try before I buy?

Yes, you can most definitely try before you buy. provides demo accounts for the ease of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.

If you sign up for a demo account on, you will set out with a decent amount of virtual money. It is to establish a sense of security and confidence in you until you decide to invest your own money.

With this virtual XM.comdemo account, you can experiment at all, to whatever length you wish. You can also open positions, examine different trading strategies, and more. specifies on its official site which you are able to trade real time stocks with your demo account.

Is safe?

It is possible to drop all your worries because we believe that is totally safe to use. It's in compliance with all the rules of International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

Even so, doesn't provide assured stop-loss protection.

Why does ask for my passport?

The reason that asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with

The process to start trading is perhaps simple enough to be a cakewalk. You need to begin by signing up on the website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with is $5. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with

The best way to kickstart your trading career with is to open a demo account facility before risking any real money

What funding methods do accept?

There are a number of methods to finance your account with The process is effortless and quick, with various payment methods at your fingertips.

You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to keep in mind that PayPal isn't available in every country. The currencies

Is my money safe with

Yes, your cash is safe and protected with As you already know, operates with good conformation to. It's established plenty of steps to guard all its own investors. safeguards its customers' private and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.

If you wish to further safeguard your accounts, you can empower Two-Step Verification as well. It requires an SMS affirmation that you get your account.

Is trading good?

Yes, trading through is a nice and decent experience indeed. It's an excellent and intuitive platform with useful features for your ease. In addition, you could also gain access to a vast collection of educational tools and assistive substance to kickstart your trading experience.

If you are still skeptical, it is possible to open a eToro demo account and evaluate the trustworthiness of the platform on your own.

Which Countries does support? operates across the world. However, due to regulations there are some countries that does not accept clients resident in

Is legit? is a legit company headquarted in Cyprus since 2009. They are regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is a good broker? is an excellent agent, and its own users may vouch for this. The highlight of the platform is its fast order execution on transactions.

You'll discover the clean design of the platform along with the commendable features that a pleasure to work with.

Is a trustworthy broker?

Yes, is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 3,500,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for

The minimum deposit to open a live account with is $5

How long do withdrawals take?

Normally, withdrawal of money from is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from to show in your bank account.

Are regulated? are regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)

Is a market leading broker? is indisputably one of the business leaders. It has over 3,500,000+ registered customers and over 12 years of experience on its own record. They're among the world's top trading platforms and a prominent figure in the Fintech revolution.

It majorly owes this standing to its unbelievable platform and wide selection of resources plus tools so that you may invest in capital markets.

Is a con?

No, is not a con. They are regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) and must adhere to their rules. Thus, it is safe to say that is not a scam.

Can you make money with

Using, several traders earn a lot of cash. However, typically, through continual trading, you can create between 2% - 10% profit a month.

This may seem like a small number, but within the entire year, this adds to a substantial amount of gains. Even though supply you all of the tools to earn money, they cannot guarantee that you will profit.

Does have fees?

Yes. To start trading using, you need to deposit $5. Certain commissions while trading additionally apply. Any processing fees from your bank will need to be incurred by you.

When was founded? was founded in 2009 in Cyprus. is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

How many people use is a worldwide recognised agent with 3,500,000+ clients.

Where is the head office? has its head office in Cyprus

Does offer negative balance protection?

Yes, has Negative Balance Protection. It is especially offered when the industry volatility keeps customers from letting their accounts go into the red. In such a scenario, offers the ability to reset a customers account balance to zero.

You are able to go through the critical stipulations on's website to understand their policies better.

Does offer guaranteed stop loss? regrettably, does not provide guaranteed stop loss. provides a chance for its traders to close their trade in their specified price. Aside from this, does not provide guaranteed stop loss.

Does allow scalping?

Yes, do allow scalping. Several traders across the world select for their services that are trading. They offer trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps which allow this.

Does allow hedging?

Yes, does allow hedging.

Can you trade energies with

Yes, you can trade energy stocks with

Can you trade agricultural shares with

No, unfortunately you cannot trade agricultural stock with

Can you trade cryptocurrency with

No, unfortunately you cannot trade cryptocurrency with

Can you trade metals with

Yes, you can trade metals with

Can you trade UK Shares with

No, unfortunately you cannot trade UK shares with

Can you trade US Shares with

No, unfortunately you cannot trade US shares with

Can you trade Japanese Shares with

Yes, you can trade Japanese shares with

Can you trade German Shares with

No, unfortunately you cannot trade German shares with

Does accept bank transfers?

Yes, accepts bank transfers for depositing money.

Does accept credit cards?

Yes, accepts credit cards for depositing money.

Does accept PayPal?

No, does not accept PayPal.

Does accept Skrill?

No, does not accept Skrill.

Does accept Payoneer?

No, does not accept Payoneer.

Does accept Neteller?

Yes, accepts Neteller for depositing money.

Does offer Live Chat customer support?

Yes, offers customer support through live chat.

Does offer phone customer support?

Yes, offers customer support over the telephone.

Does offer email customer support?

Yes, offers customer support through email.

What languages can communicate in? has the ability to communicate and support customers who speak: Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish

Does have a wikipedia page?

No, does not have an official wikipedia page.

Does offer demo accounts?

Yes, offers demo accounts so you can learn their systems before risking any real money.