Ymcoin (h5.ymcoin.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: h5.ymcoin.com.
The platform itself is okay, but the customer service at Ymcoin (h5.ymcoin.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Fast execution|Detailed reporting
Cons: No integrated tax optimization
I had high hopes for Ymcoin (h5.ymcoin.com) after hearing about them at a conference, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: No hidden fees|Stable platform|Regular platform improvements
Cons: Account statements could be more detailed|Desktop app not available on Linux
My withdrawal from Ymcoin (h5.ymcoin.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.
Pros: Detailed reporting|Excellent charting
Cons: Charting tools need more indicators
The only good thing about Ymcoin (h5.ymcoin.com) is that they remind you why regulation matters. I found them from a review site like this one. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Good mobile app|Great customer service
Cons: Email notifications too frequent|Alert system is basic