youtradeFX is one of the few internet brokers that is legitimately licensed and regulated by the Australian Securities and Investments Commission (ASIC), the Financial Services Authority ( FSA) in UK and The Financial Services Commission (FSC) in Mauritius. Established in 2008 and chartered in Mauritus, the company operates from several satellite offices around the world. Apart from dealing with Forex, youtradeFX also deals with CFD’s, commodities and stocks.
Commissions and Spreads
youtradeFX does not charge their clients any commissions. Instead, they charge a fixed spread. The list of spreads can be found on their website.
Being such a heavily regulated company, youtradeFX shows that it is going all out to promote its business. There are very few internet brokers around that will undertake this amount of effort to safeguard the interests of their clients. In this respect, youtradeFx is as reliable as any Main Street banks.
youtradeFX conduct promotional offers from time. Currently the bonuses that they are offering include:
$100 free sign in bonus
50% welcome bonus up to $2000 deposit