Home Forex Brokers Ylehub FX

Ylehub FX

4.3 / 10 Overall Score

Website: https://www.ylehub.cc/
Jurisdiction: United Kingdom
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: Ylehub FX GROUP LIMITED
Phone: —
Email: support@ylehub.cc
Address: Flat 206 Gallery Apartments, 2 Port Dundas Place, Glasgow, Scotland, G2 3LD

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# Ylehub FX Company: An Overview

## Company Overview

Ylehub FX company is an online trading broker that provides a platform for trading various financial instruments, including forex currency pairs, commodities, indices, and contracts for difference (CFDs). The company claims to have been operational since 2002 and positions itself as a successful brokerage organization. However, there are significant concerns regarding its legitimacy and regulatory compliance.

The company operates under the name Yle Hub FX Group Limited, with its headquarters purportedly located at Flat 206 Gallery Apartments, 2 Port Dundas Place, Glasgow, Scotland, G2 3LD. Despite claiming a global presence with offices in the United States, Canada, and Australia, the authenticity of these claims is questionable, as regulatory checks indicate that Ylehub FX is not authorized by any recognized financial authority.

## Regulation and Compliance

Ylehub FX company is not authorized to provide financial services in the UK and has been flagged by the Financial Conduct Authority (FCA) for potentially operating without proper authorization. The FCA warns that dealing with this firm poses significant risks, as clients will not have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) if issues arise. This lack of regulatory oversight raises serious concerns about client fund protection and the overall integrity of the company's operations.

The firm claims to be regulated by several authorities, including ASIC (Australian Securities and Investments Commission) and the Japanese FSA (Financial Services Agency), but these claims have been met with skepticism. Investigations have revealed that the company does not hold valid licenses from these regulatory bodies, further casting doubt on its legitimacy.

## Reputation and Industry Standing

The reputation of Ylehub FX company within the forex and financial community is largely negative. Numerous reviews and ratings indicate that many users have experienced issues related to trading operations, including difficulties in withdrawing profits and technical problems with their trading platform. Reports suggest that the company may be involved in fraudulent activities, with allegations of using manipulated trading software to mislead clients.

The lack of transparency regarding its operations, combined with the absence of a legitimate regulatory framework, has led to widespread distrust among potential clients and industry analysts. The company has been described as a scam in various reviews, and its practices have raised significant ethical and legal concerns.

## Summary

In summary, Ylehub FX company presents itself as a trading broker with a long history and a wide range of financial services. However, its lack of regulatory authorization, questionable operational claims, and negative reputation within the financial community suggest that it operates with significant risks to clients. Prospective traders should exercise extreme caution and thoroughly investigate any financial service provider before engaging in transactions. The integrity and operational presence of Ylehub FX company remain highly questionable, warranting further scrutiny and caution from potential clients.

Account Types

# Ylehub FX Account Types

Ylehub FX offers various account types tailored to meet the diverse needs of traders. Below is a summary of the available account types:

### 1. Standard Account
- **Minimum Deposit Requirement:** Starts from $100
- **Spreads/Commission Model:** Minimum spread from 1.2 pips; commission zero or variable depending on account.
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** Forex, commodities, indices, cryptos
- **Base Currencies Supported:** USD, EUR, GBP
- **Execution Model:** STP/ECN
- **Unique Features:** Suitable for beginners with lower capital requirements.

### 2. ECN Account
- **Minimum Deposit Requirement:** Not specified
- **Spreads/Commission Model:** Tighter spreads available; commission may apply.
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** Forex, commodities, indices, cryptos
- **Base Currencies Supported:** USD, EUR, GBP
- **Execution Model:** ECN
- **Unique Features:** Designed for professional traders seeking lower spreads and faster execution.

### 3. Demo Account
- **Minimum Deposit Requirement:** None (virtual funds)
- **Spreads/Commission Model:** Not applicable
- **Leverage Limits:** Not applicable
- **Trading Instruments Available:** Limited to available instruments on the platform.
- **Base Currencies Supported:** Not applicable
- **Execution Model:** Not applicable
- **Unique Features:** Allows traders to practice without financial risk.

### 4. Islamic Account
- **Minimum Deposit Requirement:** Not specified
- **Spreads/Commission Model:** Not specified
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** Forex, commodities, indices, cryptos
- **Base Currencies Supported:** USD, EUR, GBP
- **Execution Model:** STP/ECN
- **Unique Features:** Swap-free accounts compliant with Islamic finance principles.

# Ylehub FX Broker Account Opening Process

To open an account with Ylehub FX, follow these steps:

1. **Visit the Official Website:** Navigate to the Ylehub FX website and locate the “Sign Up” button.
2. **Complete the Registration Form:** Fill in your personal details, including full name, email address, and password.
3. **Agree to Terms:** Accept the terms of service and privacy policy.
4. **Email Verification:** Check your email for a verification link and click it to verify your account.
5. **KYC Verification:** Upload identity documents and proof of residence to comply with KYC regulations.
6. **Fund Your Account:** Deposit a minimum of $100 using supported funding methods (bank transfer, credit/debit cards, e-wallets).
7. **Approval Time:** Wait for account approval, which is typically swift.
8. **Access Trading Platforms:** After approval, you can log in to access trading platforms like MetaTrader 4 or MetaTrader 5.

Optional steps may include opening a demo account for practice or selecting a professional account type based on your trading experience.

Deposit & Withdrawal

# Ylehub FX Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Part 1: Ylehub FX Minimum Deposit Requirements

### Ylehub FX Minimum Deposit Explained

The minimum deposit required to open an account with Ylehub FX is **$100**. This amount applies to most account types offered by the broker, making it accessible for both novice and experienced traders.

### Account-Type Comparison

Ylehub FX offers various account types, each with different benefits and features. The most common account types include:

- **Standard Account**: Minimum deposit of $100, suitable for beginners.
- **ECN Account**: Minimum deposit may be higher, typically starting from $500, providing tighter spreads and faster execution.
- **Demo Account**: Usually no minimum deposit, allowing traders to practice without financial risk.

### Regional Differences

While the minimum deposit is generally set at $100, traders in certain regions may face different requirements due to local regulations or currency conversion considerations. Always check the specific conditions applicable to your region.

### Advantages
1. **Low Entry Barrier**: The $100 minimum deposit makes it easy for new traders to start.
2. **Variety of Account Types**: Different accounts cater to varying trading strategies and experience levels.
3. **Competitive Leverage**: Up to 1:500 leverage allows traders to maximize their market exposure.
4. **Access to Multiple Instruments**: Traders can engage in forex, commodities, indices, and CFDs.

### Disadvantages
1. **Higher Minimum for ECN Accounts**: More experienced traders may need to deposit more to access advanced features.
2. **Variable Spreads**: Depending on the account type, spreads can be less favorable for certain trading strategies.
3. **Limited Local Payment Options**: Some regions may have fewer deposit options.
4. **Potential Fees**: Depending on the payment method, there may be fees associated with deposits.

### Competitor Comparison

Compared to other brokers, Ylehub FX's minimum deposit is competitive. For instance, many brokers require a minimum deposit of $250 or more for standard accounts. However, some brokers offer accounts with no minimum deposit, which may appeal to risk-averse traders.

---

## Part 2: Ylehub FX Deposit Methods

### Ylehub FX Deposit Methods Comprehensive Guide

Ylehub FX supports a variety of deposit methods to accommodate different trader preferences. Below is a detailed overview of each method:

#### 1. Bank Transfer
- **Processing Time**: 1-3 business days.
- **Fees**: Typically no fees from Ylehub FX, but banks may charge.
- **Availability**: Widely available.
- **Limits**: Minimum $100; maximum limits vary by bank.
- **Pros**: Secure and reliable.
- **Cons**: Slower processing time compared to e-wallets.

#### 2. Credit/Debit Cards
- **Processing Time**: Instant to 1 business day.
- **Fees**: Usually no fees from Ylehub FX.
- **Availability**: Accepted globally.
- **Limits**: Minimum $100; maximum limits vary by card issuer.
- **Pros**: Fast processing; familiar method for most users.
- **Cons**: Some may face restrictions based on their bank's policies.

#### 3. E-Wallets (e.g., Skrill, Neteller)
- **Processing Time**: Instant.
- **Fees**: Typically low fees (around 1%).
- **Availability**: Popular in many regions.
- **Limits**: Minimum $100; maximum limits vary by e-wallet provider.
- **Pros**: Quick transactions; enhanced privacy.
- **Cons**: Not all e-wallets are supported; fees may apply.

#### 4. Cryptocurrency
- **Processing Time**: Varies; generally fast.
- **Fees**: Transaction fees may apply based on the network.
- **Availability**: Limited depending on the region.
- **Limits**: Minimum $100; maximum limits vary.
- **Pros**: Anonymity and potential lower transaction costs.
- **Cons**: Volatility in cryptocurrency values may affect deposits.

#### 5. Local Payment Options
- **Processing Time**: Varies by service.
- **Fees**: Typically low or no fees.
- **Availability**: Depends on the country.
- **Limits**: Minimum $100; maximum limits vary.
- **Pros**: Convenient for local traders.
- **Cons**: Limited availability in some regions.

### Supported Currencies and Recommended Methods

Ylehub FX primarily supports deposits in USD, EUR, and GBP. For faster processing, credit/debit cards and e-wallets are recommended, especially for traders looking for instant transactions.

---

## Part 3: Ylehub FX Deposit Process

### Ylehub FX Deposit Steps Explained

To deposit funds into your Ylehub FX account, follow these steps:

1. **Log In**: Access your Ylehub FX account via the web or mobile app.
2. **Navigate to Deposit Section**: Find the "Deposit" option in the account menu.
3. **Select Payment Method**: Choose your preferred deposit method (bank transfer, card, e-wallet, etc.).
4. **Enter Deposit Amount**: Specify the amount you wish to deposit, ensuring it meets the minimum requirement.
5. **Confirm Payment**: Follow the on-screen instructions to finalize the deposit.

### Mobile vs Web Differences

The deposit process is similar across mobile and web platforms, but the mobile app may offer a more streamlined interface for quick transactions.

### KYC Notes and Common Issues with Solutions

Before processing your deposit, ensure that your account is verified. You may need to provide identity documents as part of the KYC (Know Your Customer) process. Common issues include:
- **Deposit Not Credited**: Ensure you followed the deposit instructions accurately.
- **Incorrect Payment Method**: Always use the same method for deposits and withdrawals.

### Typical Fund Crediting Times

Deposits via credit/debit cards and e-wallets are typically credited instantly, while bank transfers may take 1-3 business days.

---

## Part 4: Ylehub FX Withdrawal Methods

### Ylehub FX Withdrawal Methods Overview

Ylehub FX offers several withdrawal channels to ensure traders can access their funds conveniently. Here’s an overview:

#### 1. Bank Transfer
- **Processing Times**: 2-5 business days.
- **Fees**: $29 fee for withdrawals.
- **Currencies**: USD, EUR.
- **Limits**: Minimum withdrawal amount varies; check with your bank.
- **Pros**: Secure and reliable.
- **Cons**: Longer processing time and fees.

#### 2. E-Wallets (e.g., Skrill, Neteller)
- **Processing Times**: Instant to 1 business day.
- **Fees**: Usually around 1% (minimum $0.50).
- **Currencies**: USD.
- **Limits**: Minimum $1; maximum varies by provider.
- **Pros**: Fast and convenient.
- **Cons**: Limited availability; fees may apply.

#### 3. Credit/Debit Cards
- **Processing Times**: 1-3 business days.
- **Fees**: May incur a percentage fee.
- **Currencies**: USD.
- **Limits**: Minimum $50; maximum varies.
- **Pros**: Familiar method; relatively fast.
- **Cons**: Potential fees; not all cards may be accepted.

### Recommended Options by Cost and Speed

For fast and cost-effective withdrawals, e-wallets like Skrill or Neteller are recommended due to their instant processing times and lower fees. Conversely, bank transfers, while secure, may incur higher fees and longer waiting periods.

---

## Part 5: Ylehub FX Withdrawal Process

### Ylehub FX Withdrawal Steps Explained

To withdraw funds from your Ylehub FX account, follow these steps:

1. **Log In**: Access your Ylehub FX account.
2. **Navigate to Withdrawal Section**: Locate the "Withdrawal" option in your account menu.
3. **Select Withdrawal Method**: Choose your preferred withdrawal method (bank transfer, e-wallet, etc.).
4. **Enter Withdrawal Amount**: Specify the amount you wish to withdraw, adhering to any minimum requirements.
5. **Submit Request**: Follow the prompts to finalize your withdrawal request.

### ID Verification Requirements

For security reasons, you may need to verify your identity before processing your withdrawal. This may include submitting identification documents.

### Expected Fund Arrival Time

Withdrawal times vary by method:
- **E-wallets**: Instant to 1 business day.
- **Bank Transfers**: 2-5 business days.

### Typical Delay Reasons and Fixes

Delays can occur due to:
- **Inaccurate Information**: Ensure all details are correct before submitting.
- **Pending Verification**: If your account is not fully verified, withdrawals may be delayed.

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## FAQs – Ylehub FX Deposits & Withdrawals

### What is the minimum deposit for Ylehub FX?
The minimum deposit for Ylehub FX is **$100**.

### How long do withdrawals take?
Withdrawal times vary by method:
- **E-wallets**: Instant to 1 business day.
- **Bank Transfers**: 2-5 business days.

### Are there fees for deposits or withdrawals?
Deposit fees are generally low or nonexistent, while withdrawal fees may apply, especially for bank transfers ($29) and e-wallets (around 1%).

### Can the same method be used for both?
Yes, typically you must use the same method for both deposits and withdrawals.

### Are crypto or local methods supported?
Yes, Ylehub FX supports cryptocurrency deposits, along with various local payment methods depending on the trader's region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Ylehub FX

Ylehub FX

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