Score
YORKCG
United Kingdom|5-10 years| https://yorkcg.com/
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
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
yorkcg.com
Server Location
United States
Website Domain Name
yorkcg.com
Server IP
35.244.172.160
Company Summary
Note: YORKCG's official website: https://yorkcg.com/ is currently inaccessible normally.
| YORKCGReview Summary | |
| Founded | / |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, indices, commodities, precious metals, stocks, cryptocurrency CFDs |
| Demo Account | ❌ |
| Leverage | Up to 1:400 |
| EUR/USD Spread | 3 pips |
| Trading Platform | Web-based |
| Min Deposit | €250 |
| Customer Support | Tel: +44 2033180401 |
| Email: support@yorkcg.com | |
YORKCG Information
YORKCG is an unregulated broker, offering trading on Forex, indices, commodities, precious metals, stocks and cryptocurrency CFDs with leverage up to 1:400 and spread floating around 3 pips via a web-based trading platform. Demo accounts are not available and the minimum deposit requirement to open a live account is as high as €250.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| Multiple account types | No regulation |
| No demo accounts | |
| Wide spreads | |
| No MT4/MT5 platform | |
| High minimum deposit requirement |
Is YORKCG Legit?
No. YORKCG has no valid regulations currently. Please be aware of the risk!
What Can I Trade on YORKCG?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Precious metals | ✔ |
| Stocks | ✔ |
| Cryptocurrency CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types YORKCG offers:
| Account Type | Min Deposit |
| Self-Manage | €250 |
| Gold | €10 000 |
| Platinum | €50 000 |
| VIP | Invitation only |
Leverage
Trading leverage differs depending on different trading accounts.
| Account Type | Max Leverage |
| Self-Manage | 1:100 |
| Gold | 1:200 |
| Platinum | 1:300 |
| VIP | 1:400 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread
The spread for EUR/USD on the YORKCG platform is 3 pips, much higher than the sector standard. Most brokers offer EUR/USD spreads between 1.0 pips and 1.5 pips.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web | ✔ | / | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments done via the standard Visa, MasterCard, bank wire, Vload and Bitcoin.
Withdrawal fee of 1 percent with a minimum of $30 and a maximum of $300 respectively.
Bonus
There is a hefty trading turnover requirement for accounts that have taken advantage of the bonus promotion. Every dollar in bonus promotions, a trader has to achieve a $50 000 trading volume.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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