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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

YL

Comoros Comoros | 1-2 years |
Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://ylbrokers.com/?lang=en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
YLMarket-ServerMT5
Server LocationSingaporeSingapore

Contact

+852 46573079
https://ylbrokers.com/?lang=en
Bonovo Road, Fomboni, Island of Mohéli, Comoros Union

license Forex License

No forex trading license found. Please be aware of the risks.

Keywords
1-2 years
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Comoros
Operating Period
1-2 years
Company Name
YL Market Limited
Abbreviation
YL
Company employee
--
Customer Service Email Address
support@ylbrokers.com
Contact Number
+85246573079
Company Address
Bonovo Road, Fomboni, Island of Mohéli, Comoros Union
Related Software
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
48.78
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Website

  • ylbrokers.com
    118.139.167.247
    Server Location
    Singapore Singapore
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Review summary

YL Market Limited is a forex broker that has been operating for 1-2 years and is registered in the Comoros. The entity falls under the WikiFX category of Regional Brokers. A core assessment by WikiFX results in a very low overall score of 1.82 out of 10, reflecting significant concerns across all major evaluation metrics. Critically, the broker's regulatory status is listed as 'No Regulation', and it holds zero valid licenses from recognized financial authorities for forex trading, classifying it as an unregulated entity. This lack of authoritative oversight presents a fundamental risk, as client funds and operations are not protected by any standard regulatory framework. From a trading technology perspective, the broker offers a MetaTrader 5 platform, which is assessed to provide relatively sound system services and technical support. However, this technological aspect is overshadowed by the complete absence of regulatory supervision. In conclusion, YL Market Limited operates without the licensing and oversight typical of mainstream forex brokers, placing it in a high-risk category for potential traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-03)

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

Is YL safe and reliable?

According to WikiFX data, YL Market Limited presents a significant risk profile for traders. The platform holds a very low overall WikiFX score of 1.82 out of 10, reflecting severe weaknesses across key safety metrics. Critically, the broker operates with no regulatory oversight from any recognized financial authority, meaning client funds are not protected by standard safeguards like segregated accounts or compensation schemes. While it offers the MetaTrader 5 platform, which can provide sound technical services, this does not mitigate the fundamental security concerns arising from its unregulated status. Traders should exercise extreme caution.

Yesterday 14:04
United States

Is YL regulated?

No. WikiFX assessment indicates that YL Market Limited does not hold any valid forex trading licenses from recognized regulatory bodies such as the FCA, ASIC, or CySEC. Its regulatory status is officially listed as 'No Regulation'. The broker is registered in the Comoros, a jurisdiction not known for robust financial market supervision. The complete absence of credible regulatory oversight is a defining characteristic of this entity.

Yesterday 14:04
United States

What is the minimum deposit of YL?

Specific minimum deposit requirements for YL are not publicly disclosed in the current data. For an unregulated broker, deposit thresholds can sometimes be lower than those of established, regulated firms, but this does not indicate a lower risk profile. Potential clients should verify any deposit terms directly with the broker before committing funds.

Yesterday 14:04
United States

Does YL support MT4 or MT5?

YL provides support for the MetaTrader 5 (MT5) trading platform. According to WikiFX's technical assessment, the broker offers full licensing for MT5, which generally implies sound system services and technical support for the platform itself.

Yesterday 14:04
United States
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