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YTDmarkets

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Operating status: SCAM

Website: https://ytdmarkets.com/

Broker violations and abnormal records
  • Apr 10, 2023 BrokersView has Reviewed that ​YTDmarkets is an Unregulated Broker

    There is no any regulatory information on its website. This broker locates in the U.S, but we don't find the correct information on regulatory institution matches to YTDmarkets. The truth is that YTDmarkets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    There is no any regulatory information on its website. This broker locates in the U.S, but we don't find the correct information on regulatory institution matches to YTDmarkets. The truth is that YTDmarkets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A

Is YTDmarkets a legit broker?

Matthew Jardine
Guinea
Apr 17, 2023
ANSWER YTDmarkets is an illegal broker that we advise against trading with, despite the seemingly attractive deals it offers.YTDmarkets provides zero details about its regulatory status, which is a clear indication of an unlicensed broker as legitimate ones always prominently display their accreditation and licenses. When looking through its website, we noticed that it is located in the United States. As per US law, brokers operating in the US must be authorized and regulated by the National Futures Association (NFA). However, our search for this broker in the registry of the NFA didn't yield any results. In essence, YTDmarkets is not subject to any regulation.Regarding your question, YTDmarkets is an unlicensed broker. Entrusting this broker to hold and control your funds or trading with it is highly risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors stay away from non-regulated brokers like YTDmarkets and opt for fully regulated ones instead.
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