YLG

What's YLG Group？

YLG Group is a Tailand-based company primarily engaged in the trading of futures andprecious metalsespecially gold. The company offers services such as bullion trading, storage solutions, investment advice, and other related services to individual investors, institutions, and businesses.

Pros & Cons

Pros

• Multiple Customer Support Channels: YLG Group provides several channels for customer support including live chat, Contact Form, telephone, email, and social media. This could make it easier for clients to reach out with their queries or concerns.

• Efficient Trading Platform: YLG Group offers mutiple trading platform choices for traders, including mobile app, MetaTrader5 and Trading View.

• 24/7 Customer Support Hours: Customer service is available on weekends and holidays, which is inconvenient for some traders.

Cons

• No Regulation: YLG Group is not regulated, which increases risks for clients as the company doesn't have to adhere to any established financial standards nor offer protections typically required by financial regulators.

Is YLG Group Legit or a Scam？

• Regulatory Sight: YLG Group is currently not regulated by any recognized financial authority. Traders should exercise caution and conduct thorough research before engaging with YLG Group.

• User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

• Security Measures: YLG Group strictly adheres to robust security protocols, striving to maintain a high level of protection for your information. Unauthorized access to your sensitive data is prevented not only through a rigorous encryption process but also through secure internet banking practices. Importantly, YLG does not have a policy of directly inquiring about your personal identification numbers, codes, or account numbers. If you ever encounter any such requests, you're encouraged to immediately report these incidents to them.

Market Instruments

YLG offers a diverse range of market instruments for traders, including oil futures, precious metals, and a selection of index futures such as S&P500, NASDAQ, and Dow Jones US Index Futures. Additionally, traders can access Euro/Japan FX futures, providing opportunities to engage in currency trading between the euro and the Japanese yen.

How to Open an Account？

Visit the YLG Group website and click on the “Open Account” button.

1. Select your preferred products.

2. Fill in your basic information.

3. Verify your email address.

4. Once your account is verified, you can start utilizing the services offered by YLG Group.

Leverage

Leverage varies on the tradable asset.

For precious metals, YLG Group offers a leverage of 1:22 for gold futures, 1:11 for silver futures, 1:16 for copper futures.

In terms of crude oil, YLG Group offers a leverage of 1:11 for both WTI Crude oil and Micro ETI Crude Oil.

Moreover, for US Index Futures CME, YLG Group offers a leverage of 1:18 for S& 500 INDEX, 1:16 for Nasdaq, 1:19 for Dow Jones.

Last, for FX Futures, YLG Group offers a leverage of 1:52 for EURO FUTURE and MICRO, 1:24 for YEN FUTURES and E-MINI.

Trading Platforms

YLG Group offers multiple trading platforms to cater to the diverse needs of traders. Their offerings include the popular MetaTrader 5 (MT5) platform, known for its advanced charting tools, technical analysis capabilities, and algorithmic trading features.

In addition to MT5, traders can access the YLG trading platform via a dedicated mobile app, providing convenient access to the markets on the go.

Moreover, YLG Group supports TradingView, a web-based platform knowned for its intuitive interface, extensive charting options, and social trading features.

Customer Support

YLG Group offers comprehensive customer support to its clients. This includes being available 24 hours a day, 7 days a week. Clients can reach out to Socrates Legacy through various channels.

• Telephone: Clients can call their number +66 02 687 9888 for any queries.

• Live Chat/Contact Form: Live chat and Contact Form are available for clients who prefer a quick and instant response.

• Social Media: Arrexpro also maintains a strong presence on Facebook, Instagram, YouTube, Twitter, providing clients with a more informal method of communication or for staying updated with the firm's latest news.

The company also provides its physical address, 653/19 Soi Suanplu 1, Suanplu Road, Thungmahamek, Sathon, Bangkok 10120

Conclusion

YLG Group is an unregulated broker posing a considerable risk for potential clients. While the firm offers oil futures, precious metals, S&P500/ NASDAO/Dow Jones Us Index Futures, Euro/Japan FX Futures and multiple customer support channels, its lack of regulation makes due diligence imperative before investing.

Frequently Asked Questions (FAQs)

Question: Is YLG Group regulated？

Answer: No. It has been verified that this broker currently has no valid regulation.

Question: What is the maximum leverage available for trading on YLG Group？

Answer: 1:52.

Question: What trading instruments are available on YLG Group？

Answer: Oil futures, precious metals, S&P500/NASDAO/Dow Jones Us Index Futures, and Euro/Japan FX Futures.

Question: What trading platform does YLG Group use？

Answer: App, MT5, and Trading View.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.