Score
yahuitrades
United Kingdom|2-5 years| https://yahuitrades.com/index.php?m=home&c=Lists&a=index&tid=48&lang=en
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
South KoreaContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
Other ways of contact
Broker Information
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Yahui Finance Co., Limited
yahuitrades
United Kingdom
Pyramid scheme complaint
Expose
Check whenever you want
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 16 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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yahuitrades · Company Summary
Note: yahuitradess official site - https://yahuitrades.com/index.ph is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
| yahuitrades Review Summary in 5 Points | |
| Founded | 2-5 years |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Trading Platforms | MT5 |
| Customer Support | |
What is yahuitrades？
yahuitrades, an online trading platform allegedly originating from China, offers online trading services to its clients. However, the current inaccessibility of the yahuitrades website poses challenges in verifying the broker's regulatory compliance and authenticity. Moreover, the broker's unregulated status amplifies concerns about its credibility and trustworthiness.
In our upcoming article, we try to conduct a thorough analysis of yahuitrades, presenting a comprehensive and well-structured overview from various perspectives. If this topic captures your interest, we encourage you to stay tuned for further insights. At the conclusion of our evaluation, we will provide a concise summary, offering a quick snapshot of the essential features of the broker.
Pros & Cons
| Pros | Cons |
| • MT5 platform | • Unregulated |
| • Lack of transparency | |
| • Website inaccessible | |
| • Limited customer support channels | |
| • Negative reviews from its clients |
When evaluating the broker yahuitrades,YahuiTrades offers the MT5 platform with advanced tools for efficient and diversified trading.
On the flip side, the cons present a concerning image. Primarily, yahuitrades operates without any form of regulation, raising significant apprehensions about the safety and security of users' investments. Additionally, the lack of transparency within the platform and the current unavailability of its website add to the growing concerns about its reliability. The limited customer support channels further underscore potential difficulties for users seeking assistance. Coupled with negative reviews from its clients, these factors collectively cast doubt on the credibility of yahuitrades as an online trading platform.
Is yahuitrades Safe or Scam？
When considering the safety of a brokerage like yahuitrades or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: Yahuitrades currently operates without any valid regulatory oversight, significantly compromising its credibility and raising red flags about its legitimacy. Additionally, the unavailability of the broker's official website adds to the uncertainty surrounding the continuity and reliability of its operations, posing considerable risks for potential investors.
User feedback: With 17 reports on WikiFX detailing scams, fraud, and the inability to withdraw, it is imperative for individuals to conduct thorough research and due diligence before engaging with any broker or investment platform to avoid unfavorable outcomes.
Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker.
Ultimately, the decision to engage in trading with yahuitrades is a personal one, necessitating a careful evaluation of the pros and cons before arriving at a conclusion.
Trading Platform
YahuiTrades is offering the MetaTrader 5 (MT5) platform, known for its advanced trading capabilities. The platform provides access to a wide range of trading tools, allowing users to efficiently execute trades across various financial markets, including Forex, stocks, and commodities. MT5's user-friendly interface, advanced charting tools, and customizable indicators can assist traders in making informed decisions and implementing diverse trading strategies.
User Exposure on WikiFX
The presence of 17 reports on WikiFX highlighting scams, fraud, and issues with withdrawals serves as a critical warning sign. Traders are strongly advised to conduct comprehensive investigations and carefully analyze all available information before participating in any actual trades.
Our platform continues to serve as a comprehensive tool that assists traders in making well-informed decisions. If you have experienced financial fraud or encountered similar issues, we encourage you to share your experiences in our 'Exposure' section. Your input is highly valuable. Be assured that our dedicated team is committed to addressing such challenges and continually strives to provide effective solutions for complex situations.
Customer Service
yahuitrades exclusively provides customer support via email, with no phone or live chat options available. This limited support system might pose challenges for clients in need of immediate assistance or real-time resolutions, potentially impacting the overall customer experience.
Email: meiwork@yahuiforex.com.
Conclusion
yahuitrades, an online trading platform originating from China, claims to offer financial services to traders. However, a comprehensive assessment reveals concerning attributes. The lack of regulation implies a disregard for established financial standards, potentially exposing traders to risks without industry oversight. Ongoing website accessibility issues and the limited customer support channels raise concerns about the platform's professionalism and accountability, impacting the user experience. Furthermore, the presence of 17 reports of fraud, scam, and the inability to withdraw on WikiFX heightens associated risks.
To ensure transparency, regulatory compliance, and reliable customer support, potential users are encouraged to exercise caution and consider regulated brokers as alternative options.
Frequently Asked Questions (FAQs)
| Q 1: | Is yahuitrades regulated？ |
| A 1: | No. It has been verified that this broker currently has no valid regulations. |
| Q 2: | Is yahuitrades a good broker for beginners？ |
| A 2: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and negative reviews from its clients. |
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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