Forex Brokers

YoForex (yoforex.net)

1.8 (8 reviews)
🇦🇺 Australia
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About YoForex (yoforex.net)

YoForex (yoforex.net) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 27 Tunnel Ave London SE10 0SF United Kingdom; B2007-127 33rd floor Latifa Tower Trade Center first Seikh Zayad Road Dubai-UAE This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: yoforex.net.

Customer Reviews

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They have truly outdone themselves in incompetence

E
Emma J.
1 months ago

The so-called education at YoForex (yoforex.net) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for just over a year thinking they would help me learn.

Pros: Economic calendar|Transparent fees

Cons: Search feature is basic

A total embarrassment of a platform

C
Carl S.
2 months ago

I opened an account with YoForex (yoforex.net) for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Portfolio tracking tools|Low minimum deposit|Risk management tools

Cons: Would like more payment methods|Inactivity fee applies after 12 months

Market maker conflict

J
Jake M.
4 months ago

YoForex (yoforex.net) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Instant funding|Intuitive for beginners|No hidden fees|Risk management tools

Cons: Charting tools need more indicators|None so far

Unacceptable level of service

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Leo V.
4 months ago

The spread at YoForex (yoforex.net) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.

Pros: Dedicated account manager|Transparent fees|Clean UI

Cons: Account statements could be more detailed

My trust has been shattered

S
Simon L.
8 months ago

Opened my account with YoForex (yoforex.net) based on a colleague's recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Stable platform|Fast execution|Easy withdrawals|Wide product range

Cons: Slow to add new assets|Minimum deposit could be lower

Absolutely dreadful

J
James H.
9 months ago

Where do I even begin with YoForex (yoforex.net)? for nearly two years of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Market news feed|Comprehensive tools

Cons: Limited ETF selection

They are hiding something

P
Patrick S.
9 months ago

I joined YoForex (yoforex.net) from a blog post comparing services and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Responsive team|Market news feed|Portfolio tracking tools|Demo account available

Cons: Minor UI glitches occasionally|Minimum deposit could be lower

Where do I even begin

I
Iris X.
10 months ago

I signed up with YoForex (yoforex.net) after hearing about them at a conference and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Risk management tools|Automated trading options|Real-time alerts

Cons: Search feature is basic|Could offer more webinars