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Abstract:YCHpro provides consumers with a 10% bonus on each deposit, up to a maximum of $2,000, which attracts many customers. However, it is not regulated, which will lead to many legal risks.
YCHpro provides consumers with a 10% bonus on each deposit, up to a maximum of $2,000, which attracts many customers. However, it is not regulated, which will lead to many legal risks.
Pros | Cons |
6 tradable assets | Not regulated |
Bonus up to $2,000 | Relatively new |
Leverage up to 1000:1 |
YCHpro is owned and operated by GoDaddy.com, LLC., whose registration number is 54930014QNWWH8OAC930. However, we cannot find any information on the Financial Services Commission (FSC) and it is also not regulated by FCA and ASIC.
YCHpro offers 500+ different trading instruments across 6 tradable assets: Forex, Indices, Commodities, Energy, Metals, Stocks. However, crypto currencies are not included.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Commodities | ✔ |
Metals | ✔ |
Energy | ✔ |
Stocks | ✔ |
Cryptos | ❌ |
YCHpro offers 3 account types: Micro Account, Standard Account, VIP Account.
Micro Account is suitable for those who are beginners.
Standard Account is a good choice for someone who wants to know more about brokers.
VIP Account fits those who are experienced.
The procedure of opening an account is simple and fast.
In the industry, YCHpro's fees are relatively modest. And the fees depend on the different accounts.
Non-Trading Fees
Deposit Fee | Micro Account: $100/initial deposit |
Standard Account: $500/initial deposit | |
VIP Account: $3,000/initial deposit | |
Withdrawal Fee | $0 |
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows, ios, andriod | Who are experienced |
This broker does not charge deposit or withdrawal fees, and its minimum deposit is $100.
Deposit Options | Min. Deposit | Fees | Processing Time |
Mastercard | $0 | $0 | instant |
Visa | $0 | $0 | instant |
Skrill | $0 | $0 | instant |
Neteller | $0 | $0 | instant |
Bank/Wire Transfer | $0 | $0 | 1 - 3 business days |
Fasapay | $0 | $0 | instant |
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
Mastercard | $0 | $0 | instant |
Visa | $0 | $0 | instant |
Skrill | $0 | $0 | instant |
Neteller | $0 | $0 | instant |
Bank/Wire Transfer | $0 | $0 | 1 - 3 business days |
Fasapay | $0 | $0 | instant |
YCHpro provides an online customer service that is available 24/7. Additionally, we have the option to submit an online form, make a fast phone call at +230 2149453, or send an email to support@YCHpro.com.
Contact Options | Details |
Phone | +230 2149453 |
support@YCHpro.com | |
Support Ticket System | ❌ |
Online Chat | 24/7 |
Social Media | ❌ |
Supported Language | English, Chinese |
Website Language | English, Chinese |
Physical Address | Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis 11328 |
The biggest advantage of YCHpro is the products and bonuses that it provides, which attracts many traders. However, the absence of regulation has resulted in many risks. If a trader is bold, YCHpro is a great choice.
Is YCHpro safe?
No, clients may suffer financial loss or even legal risk because it is not regulated.
Does YCHpro truly offer commission-free trading?
The broker does not reveal info on commissions on the website.
What kind of trading platform does YCHpro offer?
It offers the industry-leading MT5, which is suitable for professsionals.
Is YCHpro good for beginners?
Yes, YCHpro offers trading strategies to assist clients in learning the most recent market trends to acquire trading opportunities. It also helps clients to enhance their trading skills.
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.