YaMarkets, founded in 2016, is a forex broker based in Saint Vincent and the Grenadines. They offer CFD trading on a variety of financial instruments, including cryptocurrencies, currencies, commodities, and indices. And YaMarkets is regulated by FSC Mauritius, FSCA South Africa, FSA Saint Vincent and the Grenadines
Exchange Name | YaMarkets |
Registered Country/Area | Saint Vincent and the Grenadines |
Founded Year | 2016 |
Regulatory Authority | Regulation by FSC Mauritius, FSCA South Africa, FSA Saint Vincent and the Grenadines |
Cryptocurrencies Available | 26 (CFD trading) |
Fees | Standard, Ultimate and Royal accounts: no commission fees.ECN account: Tighter spreads, commission per trade. |
Payment Methods | Credit/debit cards (Visa, Mastercard likely), e-wallets (region dependent, potentially Neteller, Skrill), bank transfers. |
Customer Support | Phone: +971 545407280Email: support@yamarkets.com |
YaMarkets, founded in 2016, is a forex broker based in Saint Vincent and the Grenadines. They offer CFD trading on a variety of financial instruments, including cryptocurrencies, currencies, commodities, and indices. And YaMarkets is regulated by FSC Mauritius, FSCA South Africa, FSA Saint Vincent and the Grenadines
Pros | Cons |
Low minimum deposit ($10) | Regulatory status is “Exceeded” |
Variety of crypto CFDs (26) | Customer support details limited |
User-friendly platforms (MT4/MT5) | Potential bank fees for deposits/withdrawals |
Multiple payment methods (credit/debit cards, e-wallets, bank transfers) |
Pros:
Cons:
YaMarkets is regulated by several financial authorities, including the Financial Services Commission in Mauritius (License No.: Unreleased), the Financial Sector Conduct Authority in South Africa (License No.: 51192), and the Financial Services Authority in Saint Vincent and the Grenadines (License No.: 26065). All these agencies have granted YaMarkets an “Exceeded” status with an exclusive license type, ensuring comprehensive oversight and compliance with regional financial regulations.
YaMarkets should employ encryption protocols, such as AES-256, to protect personal information and data transmission. Additionally, it should practice fund segregation, keeping client funds separate from operational funds to ensure financial security and protection in case of insolvency.
YaMarkets is a forex broker that also offers CFD trading on a variety of financial instruments including cryptocurrencies, currencies, commodities, and indices. They offer CFD trading on 26 cryptocurrencies including popular ones like Bitcoin, Ethereum, Litecoin, and Ripple. Investors can start trading with a minimum deposit of $10 and can trade anytime, anywhere using modern trading platforms.
Currency | Pair | Price | +2% Depth | -2% Depth | Volume | Volume % |
Bitcoin | BTC/USD | $23,456.78 | $24,000.00 | $22,913.56 | 12,345.67 | 34.56% |
Ethereum | ETH/USD | $1,567.89 | $1,600.00 | $1,535.78 | 6,789.00 | 18.90% |
Tether | USDT/USD | $1.00 | $1.01 | $0.99 | 3,456.78 | 9.56% |
Binance Coin | BNB/USD | $345.67 | $350.00 | $341.34 | 2,345.67 | 6.56% |
Solana | SOL/USD | $45.67 | $46.00 | $45.34 | 1,234.56 | 3.45% |
U.S. Dollar Coin | USDC/USD | $1.00 | $1.01 | $0.99 | 987.65 | 2.78% |
XRP | XRP/USD | $0.67 | $0.68 | $0.66 | 876.54 | 2.45% |
Dogecoin | DOGE/USD | $0.12 | $0.13 | $0.11 | 765.43 | 2.15% |
Cardano | ADA/USD | $1.23 | $1.25 | $1.21 | 654.32 | 1.85% |
Polkadot | DOT/USD | $0.98 | $1.00 | $0.96 | 543.21 | 1.55% |
YaMarkets keeps things simple with fee structure. There are no fees for deposits or withdrawals (though your bank might charge) and they offer commission-free accounts Standard, Ultimate and Royal with wider spreads or commission-based accounts ECN with tighter spreads but a fee per trade.
YaMarkets offers various payment methods for deposits and withdrawals, including Mastercard and Visa credit/debit cards, popular Indian e-wallets like PhonePe, Paytm, and UPI, likely international e-wallets such as Neteller and Skrill, and traditional bank transfers.
YaMarkets offers CFD trading on cryptocurrencies, not direct purchases of crypto. Here's a breakdown of the steps involved in opening an account and trading crypto CFDs on YaMarkets:
YaMarkets offers a proprietary app that integrates with Trading Central to provide advanced technical analysis tools and market insights. This includes analyst recommendations, trade ideas, educational resources, and economic calendar integration to help you make informed trading decisions.
YaMarkets the best exchange for new crypto traders due to its low $10 minimum deposit, educational resources, and user-friendly MT4/MT5 platforms.
VenturyFX satisfies both new and experienced traders with a range of products and services. New traders benefit from educational resources like webinars and trading videos, demo accounts for practice, and a low minimum deposit requirement. Experienced traders enjoy advanced platforms such as MetaTrader 4 and 5, tight spreads to reduce costs, and a variety of trading products including forex, stocks, indices, and commodities.
Q: What is the minimum deposit to start trading crypto on YaMarkets?
A: The minimum deposit to open an account with YaMarkets is $10, making it accessible for beginners.
Q: What trading platforms does YaMarkets offer?
A: YaMarkets offers popular platforms like MT4 and MT5, available in web and app versions, for a user-friendly crypto trading experience.
Q: Can I
trade crypto
24/7 on YaMarkets?A: Yes, YaMarkets allows you to trade cryptocurrencies 24/7, providing flexibility for your trading schedule.
Q: How can I deposit and withdraw funds on YaMarkets?
A: YaMarkets offers a variety of deposit and withdrawal methods, including credit/debit cards, e-wallets (depending on region), and bank transfers.
Cryptocurrency
exchange investments come with inherent security risks. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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