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
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed yahuitrades also viewed..
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Website
yahuitrades.com
Server Location
Singapore
Website Domain Name
yahuitrades.com
Server IP
119.8.53.172
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.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 17
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Chris2691
United States
The website was https://yahuifinancefx.com/index.php?m=home&c=Lists&a=index&tid=90&lang=zh. I withdrew for 1 week but still could not receive it.
Exposure
2021-10-29
関亍未来丶
Netherlands
Could you please help me? I deposited 10000 euros but the company deleted my mt5 account and rejected my withdraw. They ignored me. Could you please help me?
Exposure
2021-10-20
関亍未来丶
Netherlands
It blocked my account because I did not pay the tax. Beware of it.
Exposure
2021-09-10
関亍未来丶
Netherlands
They did not reply me anymore after I deposited.
Exposure
2021-09-08
関亍未来丶
Netherlands
It rejected my withdrawal for several reasons and asked for taxes.
Exposure
2021-08-17
関亍未来丶
Netherlands
Romance scam. Do not trust it. Fraud platform.
Exposure
2021-08-07
関亍未来丶
Netherlands
The company was founded in March and I deposited 10,000 euros in May. It told me on July 1, there was a 15-day activity and wanted to operate my MT 5 account. They asked me to send them my username and password. After 15 days, they did make profits but I had to pay $20,000 handling fee before withdrawing. Later they never replied me but the company still existed. Is anyone help?
Exposure
2021-08-01
関亍未来丶
Netherlands
It kept asking you for money after depositing. When you wanted to withdraw, it asked for several fees. Why was it still under operation after the exposure?
Exposure
2021-07-31
関亍未来丶
Netherlands
I deposited 10,000 euros from May 28 to July and gained a lot. But when I wanted to withdraw, it required 3 kinds of handling fees which could not be cut from the balance. It was so unreasonable. Is anyone in charge of this case?
Exposure
2021-07-29
関亍未来丶
Netherlands
Why this company was free of inspection. I had to pay fees before withdrawing. Please expose it.
Exposure
2021-07-28
関亍未来丶
Netherlands
Don’t buy futures from this broker. It pretends to be good the early stage. When you withdraw, you will have to pay various taxes.
Exposure
2021-07-28
関亍未来丶
Netherlands
Remember this woman called Yang Yali. She will chat with you every day and ask you to deposit. She also paid money to deposit into my account. She deposited twice, and the money arrived. Then she asked you to borrow money from a friend. When you ask her, she also said that it was a regular company. I hope everyone will not be cheated by her.
Exposure
2021-07-28
関亍未来丶
Netherlands
I deposited in May and gained some profits but was unable to withdraw in July because it asked for $20,000 before withdrawal. It could not be cut from the profits. Beware of this scammer.
Exposure
2021-07-27
関亍未来丶
Netherlands
When withdrawing, it asked for many feel. I deposited 80,000 and had to pay 20,000 of taxes. And he refused to account it in the profits. Stay away from the scammer.
Exposure
2021-07-27
関亍未来丶
Netherlands
It asked for $21,289. I deposited ￥80,000 totally. Remember not invest in this company.
Exposure
2021-07-27
FX9248617162
India
Listen carefully everyone, this girl who is seen is a professional fraud girl, gave me her whatsapp number , then we started talking daily with this, now I was only one day that one day told about MT5 appAfter this it told me to invest 1000$ in MT5 app to when i said i can't invest it told me to talk to my manager mr chao who is like this fraud whats app number When I refused both, both do not switched cell They have a huge group in Hong Kong and do internationally robery. Both of these people have looted many people in the name of forex trading in Hong Kong, alert all of you. Girl name : Linda Maxine Yang
Exposure
2021-07-12
FX9248617162
India
Everyone alert this girl She is a professional scammer everyday fee emotional blackmail er you didn't go her beautiful figure and message send whatsapp
Exposure
2021-07-06