Yun Shang FX review: Trading instruments, Platforms, Broker features, and Traders ratings.
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2 REVIEWS
Out of business Also yunshangmarket.com and fx-yshx.com
Updated: Jan 17, 2024
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What is Yun Shang FX?
Yun Shang FX is a CFD broker with Metatrader 5 (MT5) as their trading platform in Windows and Mobile version.
YunShangFX.com offers CFDs on over 30 forex currency pairs, oil, gold, silver, stocks, indices, cryptocurrencies (bitcoin etc.), for your personal investment and trading options.
Please read YunShangFX Reviews below and share your live trading experiences with this broker.
May 5, 2023: The UK FCA says that the registration number claimed by YunShangFX.com belongs to an unrelated legitimate company. The FPA believes that YunShangFx is a clone firm.
CLICK HERE to verify the true owner of UK FCA #146311.
The FPA recommends against placing any money with this company unless they get their own real license from the UK FCA.
CLICK HERE to verify the true owner of UK FCA #146311.
The FPA recommends against placing any money with this company unless they get their own real license from the UK FCA.
This site is nearly identical with WayvenFX.com, including the misuse of a different company's UK FCA registration number.
Website is down. Company seems to be out of business.
Out of business
Broker Details
| Minimum Trade Size: | Unknown |
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| Maximum Leverage: | 500:1 |
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| Minimum to Open Live: | Unknown |
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| Established: | 2023 |
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| Address: | Unknown |
| Contact: | support@yunshangfx.com |
| Regional offices: | |
| Regulators: | |
| Prohibited countries: | Unknown |
| Trading platforms: | MT5 |
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| Mobile Trading: | ✅ Yes |
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| Currencies: | (30+) |
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| Cryptocurrencies: | (4) Bitcoin, Litecoin, Ethereum |
| CFD: | (50+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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| EAs/Robots: | ✅ Yes |
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| Deposit Methods: |
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| Withdrawal Methods: |
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1 •
2 REVIEWS
Recent User Reviews of Yun Shang FX
M
mikehamada
USA, USA,
Jun 27, 2023,
Registered user
Social Engineers- STAY AWAY AND KEEP YOUR HARD EARNED MONEY
Service use: Live
Length of use: 0-3 Months
i was scammed into losing $35,000 , they manipulate the coin pair price until the "investors " hit a stop loss. comparing their pricing to other brokers, their " analyst" trade suggestions are all based on manipulation to make the victim feel their suggestions for trades are always highly profitable, i made several deposits and lost them all, they finally offered a "one on one trading advise with 100% guaranteed profits" which used the same strategy, and now they want a crypto transfer to their direct wallet for 10% of the profit ( whopping 10k on 100k alleged profit) before allowing me to withdraw any money.
they are very good at what they do which is scamming people. stay away
they are very good at what they do which is scamming people. stay away
EGMJ5
USA, USA,
Jun 17, 2023,
Registered user
Yunshang.fx took my money
Service use: Live
Length of use: 0-3 Months
Yunshang.fx is a scam. I was convinced to open an account with them and Binance.US. A WhatsApp trading group owner & administrator convinced me into trading USDT/Gold & USDT/BTC and they opened up an account for me with Binance.US and Yunshang.fx. I deposited funds around $34,000 into my Binance.US account which were then transfered to Yunshang.fx.com to trade on MT5 platform. It seemed the MT5 platform they used was also fake and cloned. All my funds were stolen in deals they convinced me to make until my margin was zero. They were trying to convince me to add more funds to recover my losses within a week until I realized they were using fake WhatsApp pages and phone number which were not active. They couldn't video chat with me as they knew I will find out they are a scam. I have reported both companies (Yunshang.fx and Binance.US) to the FBI Internet Crime Unit and Federal Trade Commission. As soon as they realized I have found out they are a scam, they started closing their WhatsApp pages and removing the fake pictures they had. I believe these are Chinese scammers who use Binance.US and Yunshang.fx to scam innocent victims.