Home Forex Brokers YLG

YLG

6.2 / 10 Overall Score

Website: https://www.ylgbullion.co.th/en/
Jurisdiction: Thailand
Operating Since: 5-10 years
Regulatory Status: N/A

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Company & Contact

Legal Name: YLG Bullion International Co., Ltd
Phone: 6.60E+11
Email: —
Address: 653/19 (?????????????????? 7-9) ?????????????? ??????? ???. 10120

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

# YLG Company: Corporate and Regulatory Overview

## 1. Company Overview

YLG Company, formally known as YLG Bullion International Co., Ltd., is primarily engaged in the trading of precious metals, particularly gold and silver. Established in 2003, the company was founded to meet Thailand's growing demand for alternative investments and the import and trade of gold. YLG operates as one of the largest importers and exporters of gold bullion in Thailand, providing seamless online trading services for the purchase and sale of LBMA-approved gold bars with purities of 96.5% and 99.99%.

The company is headquartered in Bangkok, Thailand, with a regional office established in Singapore in 2012, marking its first overseas expansion. This strategic location allows YLG to tap into the high potential for gold demand and supply in the region.

## 2. Corporate Development

YLG Company has experienced significant growth since its inception. The establishment of YLG Bullion Singapore in 2012 represents a key milestone in its expansion strategy, allowing the firm to extend its services to international markets. The company has also launched innovative trading technologies, including a mobile application that facilitates trading in multiple currencies and offers real-time market prices.

YLG has positioned itself as a leader in the gold trading market, emphasizing its commitment to customer service and technological advancement.

## 3. Corporate Structure and Subsidiaries

YLG Company operates under several registered entities, with YLG Bullion International Co., Ltd. being the primary entity based in Thailand. The Singapore branch, YLG Bullion Singapore Pte. Ltd., serves as its first international office. Both entities operate under the same management structure, which focuses on precious metals trading and investment advisory services.

The company's operational divisions include trading, investment advisory, and customer support, ensuring a comprehensive service offering to its clients.

## 4. Regulation and Compliance

YLG Company currently operates without regulatory licenses from recognized financial authorities, which raises concerns regarding compliance and client fund protection. The lack of regulation means that YLG is not subject to established financial standards that typically provide investor protections.

As such, potential clients are advised to conduct thorough due diligence before engaging with YLG. The company does not disclose specific client fund protection policies, such as segregation or insurance of client funds.

## 5. Global Presence and Market Coverage

YLG Company primarily serves the Thai market but has expanded its reach to international clients through its Singapore office. The firm focuses on the trading of precious metals and caters to a diverse demographic, including individual investors and institutions.

YLG's strategic partnerships with reputable carriers for shipment, such as Brinks and Malca-Amit, further enhance its market presence and operational capabilities.

## 6. Financial and Operational Data

While specific financial data is not publicly disclosed, YLG Company has established itself as a significant player in the precious metals market in Thailand. The company offers trading services that are available 24/7 through its online platforms, catering to a broad customer base.

The infrastructure investments include the development of a mobile trading application that allows clients to trade in multiple currencies and provides real-time notifications and transaction history.

## 7. Reputation and Industry Standing

YLG Company has received mixed reviews within the financial community. Although it is recognized for its technological advancements and customer service, the lack of regulation raises concerns about its operational integrity.

Publicly available reviews indicate a cautious perception of the company, with some analysts advising potential traders to be wary due to the absence of regulatory oversight.

## 8. Summary

In summary, YLG Company is a prominent player in the precious metals trading market in Thailand, with a growing international presence through its Singapore office. Established in 2003, the company has focused on leveraging technology to enhance customer experience. However, its lack of regulatory oversight poses significant risks for potential clients. As such, due diligence is imperative for anyone considering engaging with YLG Company. The firm’s commitment to innovation and customer service continues to shape its role in the market, but its operational integrity remains a critical concern.

Account Types

# YLG Account Types

YLG offers a variety of account types to cater to different trading needs. Below are the details of the available account types:

| Account Type | Minimum Deposit | Spreads/Commission | Leverage Limits | Trading Instruments | Base Currencies | Execution Model | Unique Features |
|--------------|-----------------|---------------------|------------------|---------------------|------------------|------------------|-----------------|
| Standard | 100 Baht | Competitive, Floating| 1:11 - 1:52 | Oil futures, Precious metals, Index futures | THB, USD, KHR | Market Execution | None specified |
| Professional | 5 USD equivalent| Tight, Floating | 1:11 - 1:52 | Oil futures, Precious metals, Index futures | THB, USD, KHR | Market Execution | Swap-free available |
| Cent | 5 USD equivalent| Competitive, Floating| 1:11 - 1:52 | Oil futures, Precious metals, Index futures | THB, USD, KHR | Market Execution | Swap-free available |
| Fixed Spread | 5 USD equivalent| Competitive, Floating| 1:11 - 1:52 | Oil futures, Precious metals, Index futures | THB, USD, KHR | Market Execution | Swap-free available |

# YLG Broker Account Opening Process

The process for opening an account with YLG is straightforward. Here are the steps involved:

1. **Visit the YLG Account Registration Page**: Navigate to the YLG website and find the account registration section.

2. **Fill Out the Application**: Complete the application form with your personal details, including your name, contact information, and preferred account type.

3. **Identity Verification (KYC)**: Prepare to provide identification documents for verification. This typically includes a government-issued ID and proof of address.

4. **Link a Bank Account**: You may need to link a bank account for funding your trading account.

5. **Minimum Funding**: Deposit the minimum required amount based on the account type you selected.

6. **Approval Time**: Wait for account approval, which is generally processed promptly.

7. **Access Trading Platforms**: Once your account is approved and funded, you can access YLG’s trading platforms.

8. **Optional Demo Account**: If desired, you can opt to open a demo account to practice trading before committing real funds.

This concise guide provides a clear overview of YLG's account types and the steps to open an account.

Deposit & Withdrawal

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

## YLG Minimum Deposit Explained

### Exact Minimum Deposit Amount
The minimum deposit required to open an account with YLG is **100 Thai Baht**.

### Account-Type Comparison
YLG offers different account types, primarily focused on trading futures and precious metals. While specific account features may vary, the minimum deposit remains consistent across account types.

### Regional Differences
YLG primarily operates in Thailand, and the minimum deposit reflects local currency standards. International clients should verify if there are any regional variations or additional requirements.

### Advantages
1. **Low Entry Barrier**: A minimum deposit of 100 Baht makes it accessible for new traders.
2. **Diverse Trading Options**: Allows trading in various instruments like gold, oil futures, and indices.
3. **Local Support**: Being a Thailand-based company, it provides customer support in the local language and context.
4. **Multiple Trading Platforms**: Offers access to platforms like MT5 and mobile applications.

### Disadvantages
1. **Unregulated Status**: YLG is not regulated by recognized financial authorities, posing higher risks.
2. **Limited Payment Options**: Primarily supports bank transfers, which may not be convenient for all users.
3. **Withdrawal Restrictions**: May have limitations on withdrawals that can complicate access to funds.
4. **Currency Constraints**: Clients outside Thailand may face challenges in currency conversion and deposit methods.

### Competitor Comparison
Compared to other brokers, YLG's minimum deposit is competitive, especially against brokers requiring higher initial investments. However, the lack of regulation and limited deposit methods can be a drawback compared to more established firms.

## YLG Deposit Methods Comprehensive Guide

### Available Deposit Methods
1. **Bank Transfer**
- **Processing Time**: 1-3 business days
- **Fees**: Generally no fees, but check with your bank
- **Availability**: Widely available to Thai residents
- **Limits**: No maximum limit specified
- **Pros**: Secure and straightforward
- **Cons**: Slower compared to electronic methods

2. **Credit/Debit Card**
- **Processing Time**: Typically instant
- **Fees**: May incur transaction fees depending on the card issuer
- **Availability**: Limited to specific banks
- **Limits**: Varies by card issuer
- **Pros**: Quick deposits
- **Cons**: Not universally accepted

3. **E-Wallets**
- **Processing Time**: Instant
- **Fees**: Varies by service provider
- **Availability**: Limited options available
- **Limits**: Depends on the e-wallet service
- **Pros**: Fast and convenient
- **Cons**: Limited acceptance by YLG

4. **Local Payment Options**
- **Processing Time**: Varies
- **Fees**: May apply based on the service
- **Availability**: Available to Thai residents
- **Limits**: Not specified
- **Pros**: Tailored for local users
- **Cons**: Not available for international clients

### Supported Currencies and Recommended Methods
YLG primarily supports Thai Baht for deposits. For international clients, it is advisable to use bank transfers or local payment options that facilitate currency conversion.

## YLG Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log In**: Access the client portal using your credentials.
2. **Select Deposit**: Navigate to the deposit section in the menu.
3. **Choose Deposit Method**: Select your preferred method (e.g., bank transfer).
4. **Enter Details**: Fill in the required bank account details and deposit amount.
5. **Confirm Transaction**: Review and confirm your deposit request.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms. However, mobile users may have a more streamlined interface.

### KYC Notes and Common Issues with Solutions
KYC (Know Your Customer) verification may be required. Ensure all personal information matches your identification documents to avoid delays. Common issues include incorrect bank details and insufficient funds, which can be resolved by double-checking entered information.

### Typical Fund Crediting Times
Deposits are usually credited within **1-3 business days**, depending on the method used and processing times at the bank.

## YLG Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Transfer**
- **Processing Time**: 1-3 business days
- **Fees**: Generally free for the first withdrawal each month
- **Currencies**: Primarily Thai Baht
- **Limits**: Maximum withdrawal amounts vary based on security settings
- **Pros**: Reliable and secure
- **Cons**: Slower compared to other methods

2. **Credit/Debit Card**
- **Processing Time**: Typically instant
- **Fees**: May incur fees based on the card issuer
- **Currencies**: Limited to the currency of the card
- **Limits**: Varies by card issuer
- **Pros**: Quick access to funds
- **Cons**: Not widely accepted for withdrawals

3. **E-Wallets**
- **Processing Time**: Instant
- **Fees**: Varies by provider
- **Currencies**: Dependent on e-wallet service
- **Limits**: Varies by service
- **Pros**: Convenient for quick transactions
- **Cons**: Limited acceptance by YLG

### Recommended Options by Cost and Speed
Bank transfers are recommended for reliability, while credit/debit cards and e-wallets offer faster access to funds, albeit with potential fees.

## YLG Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log In**: Access your client portal.
2. **Select Withdrawal**: Navigate to the withdrawal section.
3. **Choose Withdrawal Method**: Select the method (e.g., bank transfer).
4. **Enter Amount**: Specify the amount you wish to withdraw.
5. **Confirm Request**: Review and confirm your withdrawal.

### ID Verification Requirements
You may need to provide identification documents for verification during the withdrawal process, especially for first-time withdrawals.

### Expected Fund Arrival Time
Withdrawals typically take **1-3 business days** to process and reflect in your bank account.

### Typical Delay Reasons and Fixes
Delays can occur due to incorrect bank details, insufficient funds, or KYC verification issues. Ensure all information is accurate and complete to avoid processing delays.

## FAQs – YLG Deposits & Withdrawals

### What is the minimum deposit for YLG?
The minimum deposit for YLG is **100 Thai Baht**.

### How long do withdrawals take?
Withdrawals typically take **1-3 business days** to process.

### Are there fees for deposits or withdrawals?
Deposits are generally free, while withdrawals may incur fees depending on the method used.

### Can the same method be used for both?
Yes, bank transfers can be used for both deposits and withdrawals, while card and e-wallet options may vary.

### Are crypto or local methods supported?
Currently, YLG does not support cryptocurrency deposits or withdrawals; local methods are available primarily for Thai residents.

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

YLG

YLG

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