YouTradeFX Review

Open a YouTradeFX Account and Receive a 50% up to $2,000 Instant Deposit Bonus!

YouTradeFx Review

YouTradeFX is a top online broker and investment firm that provides a top quality service for Forex traders and futures traders alike. They are fully compliant with the Financial Services Commission and the Australian Securities & Investments Commission, and their recognition with the European Financial Services Authority is currently pending. They have one of the fastest growing client bases in the broking industry today, and this is certainly down to their competitive offerings in the Forex, futures and stock markets.

Range of Markets Offered By YouTradeFX

With YouTradeFx, you can trade a wide range of currency pairs including the EUR/USD, GBP/USD, USD/CAD and USD/JPY. You can also trade a number of futures contracts, including metals, energies and grains, plus you can trade a solid selection of international indices, U.S. stocks and binary options as well. YouTradeFX recognises that the active trader benefits from having many options when it comes to trading instruments, and therefore offers them the opportunity to trade all of these instruments on one trading platform.

Spreads and Margins Offered for Different Accounts

YouTradeFx offers a number of different leverage options depending on the instrument that you’re trading. You can expect to get leverage of up to 300:1 on most currency pairs, 50:1 on most futures contracts and 20:1 on most U.S. stocks. The typical spread for each of the following currency pairs are as follows. You can get a 3 pip spread on the EUR/USD, a 3 pip spread on the USD/JPY, a 4 pip spread on the GBP/USD and a 5 pip spread on the USD/CAD. These are all highly competitive spreads that you will enjoy on any account you trade with YouTradeFX.

Special Offers or Bonuses for New Traders

YouTradeFX offers a generous bonus of 50% for all new traders signing up with them. Here’s how it works. When you make a deposit say of $1,000, you will immediately be credited an additional $500 into your account, up to a maximum of $2,000. That means that you’ll still get your 50% for deposits up to $4,000, but beyond that it’s capped at $2,000.

As usual, you will have to trade a certain fixed volume in your account before you can withdraw the bonus from your account, which will normally be explained to you by your account manager as this changes from time to time depending on ongoing promotions. The most attractive thing about this bonus is that you don’t have a fixed time limit set to have to achieve this trading volume, so you can take your time and accumulate the necessary trades to clear the bonus.

Open a YouTradeFX Account and Receive a 50% up to $2,000 Instant Deposit Bonus!

Features of Online Trading Platform & Mobile Trading

There are a number of platforms available to you when you trade with YouTradeFX. There’s the ever popular Metatrader 4 platform that you can run from your home computer, or if you want to trade on the go there’s the web trading platform and smart phone trading platform as well. YouTradeFX doesn’t operate their own proprietary web platform, instead they leverage on the excellent Metatrader web platform that you can access on your browser or smart phone device.

Trading Tools & Education Resources

YouTradeFX has an excellent range of trading tools and education resources. In fact, their Forex education videos are some of the most comprehensive you’ll find out there. They cover a broad range from beginner to advanced Forex trading topics. In addition, you’ll even be able to learn how to build your own Forex trading strategy in one of the advanced modules! You’ll also be able to further augment your learning experience with handy PDF guides, helpful FAQ sections and a full glossary of Forex terms so you’ll never get confused.

In addition to these Forex education options, you’ll also be able to tap into a vast amount of Forex market experience through their Daily Market Analysis and Market News sections.

YouTradeFX Minimum Deposit Requirements

You can open three different types of accounts with YouTradeFX. There’s the mini account that you can open with as little as $200 which will allow you to open lots as small as 0.01 units, however it will cost you 1 pip more in spread each round turn lot you trade. There’s the standard account that you can open with as little as $2,000 which will allow you to open lots as small as 0.1 units. There’s also the premium account that you can open with $10,000 or more, which will entitle you to a 1 pip discount on the spreads on each round turn lot you trade.

All in all, I would give YouTradeFX my personal recommendation, so if you like what they have to offer you can head over and open up an account. Happy trading!