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YouTradeFx.com Review

Updated: Jul 10, 2018
1.648 · 163 REVIEWS
Is this your company?

As if all the other problems were not bad enough, YouTradeFx's mail server appears to be blocking the emails of many clients who are owed money.  The FPA is aware of email issues with YouTradeFx's servers that have been happening for several years.  The fact that clients could lose all ability to check on missing and blocked withdrawals is a very good reason for no one to open an account with YouTradeFx.


January 20, 2014, SCAM CONFIRMATION:  Based on the available evidence, the FPA now considers YouTradeFx to be a SCAM.  YouTradeFx is now blacklisted by the FPA.

The FPA recommends AGAINST opening an account with any branch of YouTradeFx or any company associated with it.  If you have an account there, the FPA recommends that you attempt to withdraw your funds immediately. 


ATTENTION:  If you are a YouTradeFx client and your withdrawal request has been ignored for more than one week, please go ahead and leave a 1 star review.  Then CLICK HERE for more instructions.

November 2014:  ASIC has issued a warning about YouTradeFx.  Click Here to read it.

December 2013:  Currently, the only regulator for the You Trade Group is ASIC.  Clients need to be registered with YouTradeFx.com.au or specifically request ASIC regulation when signing up via YouTrade.com.

September 2013:  The license for International Youtrade Investments MA Ltd in Mauritius has been suspended.  CLICK HERE to verify.

March 2013:  Numerous fake positive reviews detected and deleted.  There was a long-term campaign to buy fake 4 and 5 star reviews from non-customers to alter YouTradeFx's overall rating.  The campaign appears to have been begun by Shimon Harel, a former employee of YouTradeFx.  After his departure a freelance subcontractor, named Shivam Sharma, continued to operate the program on his own.  It appears that Shivam's work was not known to anyone besides Shimon.  The FPA thanks YouTradeFx employees George Becker and Micheal Mimouri for assisting in gathering information and putting a stop to this unethical practice.

December 2011:  The FPA is currently working with 4xangels.com to examine what the connections are and are not between YouTradeFx and the StartForex, which received an FPA Scam Finding.   July 2013 UPDATE:  The YouTradeFx representative working on this case never was able to provide the information needed by 4xangels.  December 2013 Update:  There has been significant progress towards resolving the original issue with StartForex.  If this reaches a successful conclusion, any possible relationship between YouTradeFx and StartForex will be irrelevant.  February 2014 Update:  There has been a major step forward in resolving the original StartForex Scam Finding. April 2014 Update:  All progress has been halted.  YouTradeFx is not responding to emails from the FPA or the client on this issue.

Related websites and websites that appear to be related include YTFX.com.au, ZoroTrade.com, RegulatedOptions.com, WoojooTrader.com, BuzzTrade.com, and SunbirdFx.

Please read THIS THREAD to see some of the evidence linking YouTradeFx and SunbirdFx.

Website is down. One less scam company in business.


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Court cases

  • Open0
  • Resolved18
  • Not guilty0
  • Guilty5
Case IDFiledCase nameVerdict
2014-0192014-01-11Pitty vs youtradefx.comguilty
2014-0182014-01-10ranjita05 vs youtradefx.comresolved
2014-0152014-01-09swetalina vs youtradefx.comresolved
2014-0122014-01-08rohit55 vs youtradefx.comresolved
2014-0132014-01-08sabita vs youtradefx.comguilty
2014-0112014-01-07H Doshi vs youtradefx.comguilty
2014-0092014-01-07tikina senapati vs youtradefx.comresolved
2014-0102014-01-07chitaran vs www.youtradefx.comresolved
2014-0082014-01-06trinath vs youtradefx.comresolved
2014-0072014-01-06santosh16 vs youtradefx.comresolved
2014-0062014-01-06Manas9090 vs youtradefx.comresolved
2014-0052014-01-06sanuja vs youtradefx.comresolved
2014-0032014-01-04dpsahoo vs youtradefx.comresolved
2014-0022014-01-03samir01 vs www.youtradefx.comresolved
2013-1782013-12-30msqy vs youtradefx.comresolved
2013-1772013-12-28rschwarz vs youtradefx.comguilty
2013-1762013-12-26noorulthabish vs youtradefx.comresolved
2013-1742013-12-23Lalita Agarwal vs youtradefx.comresolved
2013-1712013-12-19litu123 vs youtradefx.comresolved
2013-1662013-12-05momen1962 vs youtradefx.comguilty
2013-1602013-11-19kumarmanoj1212 vs youtradefx.comresolved
2013-1572013-11-15trshah vs youtradefx.comresolved
2013-1502013-11-14bijaykhd vs. youtradefx.comresolved


Your company video here? Contact ad sales

1.648 · 163 REVIEWS
Forex Peace Army

Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Saudi Arabia,
Sep 6, 2016,
Registered user

I open acoun with you trade fx , scam Co.
I want back my money please
my acount : 190058

I want yor help please
Somesh De Swardt,
Lagos, Portugal,
Feb 5, 2016,

Ive been with youtradefx for a year now. They gave me a 100% bonus, I should have done my due dilligence and searched for reviews, I didnt. Deposited $1500. Ive tried to call them and emailed them, no response over a week. Wanted to withdraw some funds, but I guess they are all lost now. Funny how MT4 is still working fine, and the website for all appearances looks like its working fine, even the withdrawal software. My guess is they are still accepting deposits so they can get as much money as possible. Isnt it sad that there are people out taking advantage of others like this. Guess they havnt heard about the law of Karma.
Huynh Vinh Phuoc,
Viet Nam, Viet Nam,
Jan 21, 2016,

I have the problem with 5starsforexcompany, I make an withdraw request since 27Nov2015, up to now, I receive nothing.
I has 2 account one equity more than 7000 (Balance: 7 313.17 Equity: 7 313.17 Free Margin: 7 313.17), and one more than 13000 (Balance: 13 138.46 Equity: 13 138.46 Free Margin: 13 138.46).
First, they say need 24h to process, after that they say need 72h, anh finally, block my skype and not reply my email.
All the phone number are fake one, no work, only auto-reply.
The last chat on skype, I say I will complain on FPA, this is Ivan answer:
[1/12/2016 10:58:21 PM] Huỳnh Vĩnh Phước: So i will complain again to morrow
[1/12/2016 10:58:37 PM] Ivan Kabinov: what complian
[1/12/2016 10:58:39 PM] Ivan Kabinov: bye
[1/12/2016 10:58:45 PM] Ivan Kabinov: will stop everything
[1/12/2016 10:58:46 PM] Huỳnh Vĩnh Phước: If I dont receive my money, i will give a new topic
[1/12/2016 10:58:47 PM] Ivan Kabinov: not care
[1/12/2016 10:58:57 PM] Ivan Kabinov: bye and don't contact me again
[1/12/2016 10:59:01 PM] Huỳnh Vĩnh Phước: You dare me
[1/12/2016 10:59:09 PM] Ivan Kabinov: never will receive
[1/12/2016 10:59:13 PM] Ivan Kabinov: and never will give you
[1/12/2016 10:59:16 PM] Ivan Kabinov: you blackmail
[1/12/2016 10:59:22 PM] Ivan Kabinov: don't want to understand
[1/12/2016 10:59:26 PM] Ivan Kabinov: bye
Please NOT do business with this company,
+46844680433 is Ivan Kabinov number registed in Skype.
This is 5stars bank account and registed in Bulgari (NOT Sweden or Seychelles)
Ricardo Fernandes,
Lisboa, Portugal,
Dec 21, 2015,

I´m Youtradefx Client since 2011. I have near 8500$ at my account and in the last times, my account manager doesn´t reply (Luisana Córdoba - luisanac@ytfx.com) and i don´t have anymore contacts. By phone it´s not possible and i don´t know how to resolve this situation. I´ve found that Luisana Córdoba is working to sunbirdfx too (luisana@sunbirdfx.com).
abdulkarim Abdulmumin ,
, Nigeria,
Nov 16, 2015,

Acc no 319315 withdrawal not credit for 3 weeks and not responding to emails
, South Africa,
Sep 14, 2015,

My original account is with Sunbird FX,but for the last 6 months they said my account is being transferred to You Trade FX??
it is now been 6 months and for the last month i can not log into my client potral wit YTFX and Sunbird FX.
also I have been trying to contact my Account manager Daniel Colin with no success for the last 42 days.
Buchares, Romania,
May 21, 2015,

I want to warn everybody about youtradefx. It is a scam company, not regulated. They are very kind at the begining and give you good advices, but when you want to withdraw your account, there is a big problem. They ignore the withraw request and and ask you to trade more until the withdraw will be proced.
They ask you to open a position on EURHUF which has a HUGE spread and if you are cought in the trap, you will loose all your money, it is impossible to win because of the huge spread.

Haifa, Israel,
May 4, 2015,

Put in a withdrawal request for the full account balance (just over 1100$) on 24th of april. Obviously no money and no contact from YTFX what so ever. Will start mailing all YTFX contacts I have.
Odd thing is when I contacted YTFX support back in October 2014 I received the reply from a company called USG Capital (the reply was in hebrew). Is this company active in any other countries?
Ljubljana, Slovenia,
May 3, 2015,

I make a withdrawal on October 2014, and they did not sent me money on my credit card.

2014-10-09 1 Star Hi,
Here is some mail from Daniel

Hello Marko,
This is Daniel Colin, your Broker from YoutradeFX.
I’m trying to reach you but unsuccessful, perhaps it is not a good time for you to talk.
Please reply to my e-mail with a good time for us to talk because I have a really good information for you!
Looking forward in your reply as soon as possible!

Best Regards,
Daniel Colin
Daniel Colin | International Desk Manager
Tel:+44 (20) 30266006 Ext: 2218

Marko, insta forex will steal your money.
You will not be able to withdraw and they will ask you for more money.
Yes we do charge a fee, but that is very small compared to the fact that you lose all your money with Insta Forex.
They are a scam company. Be aware.

Daniel Colin | International Desk Manager
Tel:+44 (20) 30266006 Ext: 2218

Find on Facebook Skype UsYOUTRADEFX

The ACTFEE is also called account fee.

It represents a monthly account management fee but it can also be added back to your account. No problem there.

Daniel Colin | International Desk Manager
Tel:+44 (20) 30266006 Ext: 2218

Now I make a withdrawal, but they dont answear on my question until 2 days.

I am afraid that this is the end and I lost all my money.
Yorick van der Walt,
Belfast, United Kingdom,
Apr 29, 2015,

My account was originally opened with SunbirdFX approximately 18 months ago with a balance of about $ 3600. Everything was going smoothly until early December when I noticed that I could not access my account anymore. At this time I submitted a withdrawal request (December 2014) but up to date I have not received any funds back at all. Every now and again I get some contact from ether Adam Dean, Ashley Brown or an Ammy (apparently dealing with admin) with all kinds of excuses and reasons for this not being done and even requesting that I add more funds in the mean time but with no actual action taken. I even have 2 or 3 emails stating that my withdrawal has been approved, which obviously must be a lie as my funds have still not been refunded.

Currently I am feeling idiotic for having opened an account with SunbirdFX! Somehow I really hope that this problem can be resolved however at this point in time it seems doubtful to say the least.