YuTa IWX (yutaiwx.com)

On official website of UT IVH There are some statistics according to which the broker was allegedly founded in 2017. The figures also show that the company is trusted by more than 120 thousand active traders, whose total balance has already exceeded $745 million. Obviously, these kinds of indicators are taken out of thin air and there can be no talk of any such statistics.

First of all, this is evidenced by a fictitious legend, because in fact the project was founded only at the beginning of 2024 and for several months of its work it cannot envisage a turnover of more than 4.5 billion dollars. In this way, scammers give themselves away and force professional traders to avoid them.

Initially, users will need to register on the official page of the service. There is a form for registering and creating YuTa IWX personal account. It is also important to undergo account verification, after which you will be able to log into your account and select the appropriate tariff. There are three options in total:

• Elementary Account – deposit from $150, leverage 1:100, fast order execution;
• Medium Account – deposit from $1,000, leverage 1:500, access to trading digital assets and metals, deposit insurance;
• Professional Account – deposit from $10,000, deposit protection and access to all financial instruments, 24/7 support.

A demo account is not provided here, which significantly increases the risk of loss of funds by clients of this office.

Safety of working with the company

To the pages broker YuTa IWX It is indicated that the company provides high-quality security mechanisms, including innovative encryption methods, as well as a two-factor authentication system. In fact, this office is not officially registered, and its offshore registration address turned out to be fictitious, as well as other contact information.

The rest of the legal documentation is also designed in such a way as to play into the hands of scammers and help them avoid responsibility for their fraud. For this reason, our specialists immediately recorded this charade in our blacklist of brokers.