YouTradeFX is an Internet brokerage and investment firm that offers a number of features and advantages when trading from one of their accounts. They also offer a unique demo account setup, a “PTA” in their terminology. After your trial period is concluded, losses are forgiven, but the gains over the period are then credited for your use going forward. Education materials and various trading tools are a mouse click away, and trading platforms can be downloaded or accessed directly from the net or from other mobile applications supported by iphone.
There are a variety of account setups, tailored to meet the needs of individual traders. A minimum deposit of $100 can get you started, and for accounts up to $100,000 there are no margin requirements. Spreads are competitive and set daily. No fees are charged, and leverage up to 500:1 is permitted, although caution should be used when applying leverage. While leverage may magnify gains, it can also magnify losses, too. In any event, the Stop-Loss guarantee from YTFX is that you may never lose more than your initial investment.
There are multiple trading platforms available from MT4 to Webtrader, and also mobile access from iphone. Automated trading is provided through Zulutrade, or you can choose from mirror trading options. Each option ranges from total automation to manual selection from traders, strategies or signals, all at your option.
Deposits and Withdrawals
A variety of deposit and withdrawal payment services are supported. An automated system permits the user to follow the process every step of the way with email confirmations.
YTFX takes great pride in its customer service and has devoted additional resources to ensure that your experience is an excellent one. A single global telephone number allows for immediate access. Live chat or email exchanges are also in the mix if you prefer these methods.
YoutradeFX.com is relatively new to the scene of Forex trading, but it has already established a strong following, based on independent customer testimonials. Although the firm is new, it appears to have the right strategies and tools for your gain and success, their stated goal.
- Very low $100 initial minimum deposit
- Regulated by FSA & ASIC
- Offers MetaTrader 4 & other Platforms
- Live Online Chat, Email or Global Phone Support
- Attractive 50% welcome bonus up to $2,000.