YoutradeFX is an online brokerage and investment company that offers a number of accounts for traders looking to invest in contracts for difference (CFD's) on the foreign exchange market, commodities, stock and indices. They have been in operation since 2008, and have since won a number of awards including Best FX Education Broker (2012), Best Broker (2011), and Best Broker Australia (2012).
Their aim is to establish a long term relationship with their clients, which is based upon corporate values of trust and performance. Focusing on quality and functionality, the YoutradeFX trading platforms utilize industry leading technology, which combined with great customer service, makes them a serious broker to consider.
YoutradeFX offers it's clients five different types of accounts to suit all budgets, which come standard with uninterrupted support, leading education programs and easy to use platforms. The five main currencies are offered with these accounts (USD, EUR, GBP, JPY and AUD).
Basic Account – This account is ideal for the novice trader, which is designed to help teach about the foreign exchange market on the go. They offer a wide range of tools and resources, and even have experts standing by to provide advice and assistance as needed.
Advanced Account – For the more sophisticated trader, the advanced account allows for more significant investments. In addition to advanced trading tools and market relevant information, it's possible to enjoy better pricing.
Professional Account – If you have accrued some experience as a trader, this account provides better pricing, quicker execution and cutting edge market scoops. A professional will also be personally assigned to your account to help with administrative issues, and to provide up to date insights on your investments.
Prestige Account – For big volume, professional traders, the prestige account offers an invaluable service which includes in-depth performance analysis, SMS notifications and more. You'll need to contact them to hear more information about this account.
Islamic Account – To be eligible for an Islamic account, you'll need to open one of the accounts above and request a call back. One of their representatives will then be in touch and describe the benefits and eligibility criteria.
The YoutradeFX Group uses only the latest trading technology, featuring MetaTrader 4 (MT4) software. This is used for both individual traders, as well as multi-account platforms for asset managers. In addition, the company uses advanced applications for mobile devices so you can stay current on your smartphone or tablet on the go.
Youtrade FX have developed a number of trading tools (which come in the form of customized indicators, scripts, and expert advisors) in order to assist traders in automating their trading strategies, avoiding emotion with improved discipline, and snapping up opportunities as they arise.
Traders have the choice of more than 20 pre-defined trading strategies, and can create custom portfolios in order to automatically execute trades.
Clients of YoutradeFX are required to only use one bank account as required by anti money laundering regulations, when depositing by bank transfer. The bank account needs to be in the client's name and be situated in their country of residence. It's also necessary to send an authentic SWIFT confirmation demonstrating the origin of funds – failing to do so may result in the return of the deposited funds.
Minimum Deposit: $250
Maximum Deposit: $5000
Card Limitations: 1 per account, 10 transactions per card, and $10,000 max per card.
Withdrawal: YoutradeFX have recently implemented an automated withdrawal system which provides traders with a quick, safe and efficient way to receive their money. To withdraw:
YoutradeFX provides its service and support in 10 different languages, which makes it a global contender. Trading services are offered 24 hours a day, 6 days a week.
Their goal is to provide their clients and partners with industry topping trading solutions which are both competitive and comprehensive. This means tighter spreads, exceptional liquidity, and customer service of the highest level.
By using the most advanced trading software to date, YoutradeFX is able to guarantee security which also safe guards against connectivity and latency issues. This is partly due to using a strategic arrangement of internet providers and data storage centers around the World, in addition to a core disaster recovery plan including internal and external backup solutions. As a result, clients can trade and never feel threatened by data loss or downtime.
The primary objective of YoutradeFX is to provide an exceptional trading experience for its clients through unparalleled service and innovative trading tools and technology. In so doing, they allow traders to make cautious, yet profitable decisions. This is easily seen in their mission statement which is to: