Forex Brokers

Ymcoin (ymcoin.com)

1.8 (10 reviews)
🇦🇺 Australia
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1.8
10 reviews
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About Ymcoin (ymcoin.com)

Ymcoin (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: ymcoin.com.

Customer Reviews

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Still waiting for my withdrawal

B
Brian K.
1 weeks ago

My card was charged twice by Ymcoin (ymcoin.com) on the same day. I had to dispute it with my bank. Ymcoin (ymcoin.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Responsive team|Two-factor authentication|Segregated accounts

Cons: Research section could be deeper

Do not waste your money here

M
Monica B.
3 weeks ago

My withdrawal from Ymcoin (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. for about five months of being strung along.

Pros: Low minimum deposit|Market news feed|Copy trading available

Cons: No crypto staking

Affiliate program does not pay

O
Olivia Z.
1 months ago

The platform itself is okay, but the customer service at Ymcoin (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: Comprehensive tools|Educational resources

Cons: Wait times can be long during peak hours|Limited cryptocurrency options

Multi-account management missing

D
Dean I.
1 months ago

Do not believe the bonus offer from Ymcoin (ymcoin.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a blog post comparing services and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Instant funding|Multi-device support|Two-factor authentication|Transparent fees

Cons: Spreads widen during volatile periods|Currency conversion fee exists

Scam vibes from the start

L
Laura L.
1 months ago

The onboarding at Ymcoin (ymcoin.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Smooth onboarding|Regular updates|Good mobile app|Copy trading available

Cons: Account statements could be more detailed|Slow to add new assets

Leverage too high for retail

E
Ethan Y.
2 months ago

The spread at Ymcoin (ymcoin.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a forum discussion and initially thought the platform was good - until I started trading seriously.

Pros: Excellent charting|Economic calendar|Real-time alerts|Multi-device support

Cons: Could offer more webinars

Rip-off dressed as a service

D
David C.
7 months ago

The only good thing about Ymcoin (ymcoin.com) is that they remind you why regulation matters. I found them after my brother mentioned them. 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: Personal attention|Social trading features|Easy withdrawals

Cons: Some tools only available on higher tiers|Could offer more webinars

Regulatory warning ignored

T
Tyler B.
8 months ago

I referred a friend to Ymcoin (ymcoin.com) from a blog post comparing services. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: No hidden fees|Smooth onboarding

Cons: Cannot customize dashboard fully|Limited social trading features

A sinking ship

S
Shannon P.
10 months ago

I trusted Ymcoin (ymcoin.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Tax reports included|Dedicated account manager|Fast support response

Cons: Cannot customize dashboard fully

Complete waste of time

W
Wesley L.
10 months ago

I found Ymcoin (ymcoin.com) after hearing about them at a conference and the initial impression was positive. But since I opened my account last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Good analytical tools|Economic calendar|Full transparency|High security standards

Cons: None so far|Limited ETF selection