YTFX Forex Broker -Rating Analysis
YTFX Forex Broker General Rating
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ASPECT
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RATING
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MAX
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ARCHIEVED
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4.Technology
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71.9%
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16%
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12%
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3.Trading-Options
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86.5%
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26%
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23%
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2.Competition
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56.7%
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30%
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17%
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1.Reliability
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76.4%
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28%
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21%
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Overall Rating
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72.4%
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100%
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72.4%
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YTFX Rating Analysis
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General Rating
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Weight
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YouTrade FX (YTFX)
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||
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TOTAL RATING
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28%
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72.4%
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ANALYSIS
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1. RELIABILITY
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21%
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YouTrade Fx Reliability Analysis
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1.1 Regulation
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12%
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CYSEC=3, CBI=4, ASIC=4, BaFIN=5, FSA (UK)=6, MiFID=8
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12%
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YTFX is regulated by FSA, ASIC, FSC and MiFID =max (12%)
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1.2 Headquarters
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5%
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General Offshore=0, Cyprus=2, Ireland, Australia=4, USA, UK, Switcherland=5
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5%
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YTFX Home Base is in UK =5%
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1.3 Found
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4%
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0-2 Years=0, 2-4 Years =1, 5-7 Years=2, 7-10 Years=3, 10+ Years = 4
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1%
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YTFX was found in 2008, 2-4 years =1%
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1.4 US Residents
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2%
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Yes=2 / No=0
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0%
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No YTFX forbids US traders =0%
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1.5 FPA Rating
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5%
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Actual Forex Peace Army Rating
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3.38%
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YTFX FPA=3.379
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1.6 Google Scam Investigator
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Not Active
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2. COMPETITION
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30%
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17%
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YouTrade Fx Competition Analysis
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2.1 Spread on EUR/USD
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12%
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<0,5=12%, <0,75=10%, <1=8, <1,5 = 6, <2=4, <3=2, <4=1, >4=0
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6%
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YTFX EUR/USD Spread for ECN accounts is 1.5 pips =6%
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2.2 Commissions Charged
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8%
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No Commissions=8, Low Commissions=4, Medium Commissions=1
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1%
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Commissions are charged by YTFX ($10 / LOT) to all available account types =1%
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2.3 Deposit / Withdrawal Commissions
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2%
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Yes=0, No=2%
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2%
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No Withdrawal Commissions at YTFX =2%
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2.4 Leverage
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4%
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400%+=4, 300%=3, 200%=2, 100%=1, <100%=0
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4%
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Leverage at YTFX is up to 1/500% = 4%
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2.5 Customer Service
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4%
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Live Chat=2, 24/7=2, 24/6=1, 24/5=0, Phone=1
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4%
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YTFC provides Live Chat=2%, Phone=1%, 24/6=1%
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3. TRADING OPTIONS
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26%
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23%
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YouTrade Fx Trading Analysis
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3.1 Availbale Assets
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10%
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Number of Currencies=8%, Commodities=1%, Srocks & Indices=1%
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10%
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YTFX offers 30+ Forex Currencies=8%, Commodities=1%, CFDs, Stocks=1%
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3.2 Bonus / Rebate
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8%
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10% Bonus/ Rebate=2, 15%=3, 20%=4, 25%=5 30%=6, 35%=7, 40%+=8
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8%
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Bonus at YTFX is up to 50% (max= 2,000 USD)
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3.3 Scalping
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2%
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Yes=2 / No=0
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0%
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No, YTFX forbids scalping
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3.4 Hedging
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1%
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Yes=1 / No=0
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1%
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Yes YTFX allows hedging
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3.4 Deposit Methods
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2.50%
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For every method 0,5%, max=5
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2.50%
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5+ methods (Credit and Debit Cards, Bank Wire, CashU, WebMoney, Liberty Reserve and Moneybookers) =2.5%
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3.5 Withdrawal Methods
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2.50%
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For every method 0,5%, max=5
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1.00%
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2 methods (Wire, Credit Cards) =1.0%
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4. TECHNOLOGY
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16%
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12%
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YouTrade Fx Technological Analysis
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4.1 Available Platforms
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5%
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Each Platform=1%, max=5
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5%
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5 Platforms Available=5% 1) YTFX MT4, 2) YTFX MT5, 3) YTFX Mirror Trader 4) YTFX Web Trader 5) Zulu Trade
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4.2 API Trading
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1%
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Yes=1 / No=0
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0%
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API trading is not available at YTFX
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4.3 Expert Advisors
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2%
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Yes=2 / No=0
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2%
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Yes YTFX offers (Zulu Trade and Tradency)
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4.4 Mobile Trading
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2%
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Each Supported Device=0,5%, max=4
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1%
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YTFX provides iPhone and Web Mobile Trader=1%
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4.5 MT4 / MT5 Availability
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1%
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Yes=1 / No=0
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1%
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Yes YTFX supports both MT4 / MT5
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4.6 General Innovation
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5%
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High Innovation=5%, Medium Innovation=2.5%
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2.50%
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Medium Innovation (offering many Trading Assets and many Trading Orders, nice demo)
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YTFX Forex Broker Rating Analysis
Online Forex (2012)
