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YesFx Review | YesFx.com.cy

Discussion in 'Financial Trading Courses Reviews' started by FBP Review Moderation Wing, Dec 20, 2015.

  1. FBP Review Moderation Wing

    FBP Review Moderation Wing Forum Moderator Trader

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    Have you been a premium member of YesFx? If yes, we need an honest review from you to help others making the decision whether it is worth subscribing for the YesFx financial trading course. Please mention the following things in your review:

    1) Quality and Value of the Premium Course

    2) Quality of support services

    3) Your final thoughts about the course

    We hope your review will help us understand the quality of YesFx course.

    Website: http://www.yesfx.com.cy/

    WARNING: Due to our advanced IP detection and machine analysis tools, we can easily detect fake reviews. If you are found posting a fake review then you will be banned straight away.
     
  2. CHAHID ALAOUI

    CHAHID ALAOUI New Member Trader

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    I attend the In-house traders 7 positions 'training which you can find online for FREE i also paid the amount of 4500euros for the ''successful'' trading system which one of the quy who is going to sell it to you don't use it at all for trading. You are not going to receive any further education as they claim only 2months. If you are unexperience trader you are not going to reach the goal of 3000euros in 3 months with the education and 'succesful' system they provide. You are going to be unpaid for 5 months unless you reach profit at the end of the 3 months probation.
     
  3. Eva

    Eva New Member Trader

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    Don’t attend the lessons of YesFx for the STA diploma. YesFx act as broker from the site https://www.sta-uk.org/ where you can buy all the lessons in much lower price. They also don't teach everything for STA exam.
    Also don’t pay €5000 to teach you “profitable trading system” because is a fraud. Nobody there from the junior online traders earn money. People who have profitable trading systems to buy-sell currencies, commodities, stocks or indices they don’t sell for only €5000.
    You can also search from Google , type keywords like “Yesfx reviews” before to pay anything to this company.

    I also know more bad things which i can write here because maybe i will have problem. I can assure you that i have worked in YesFx so you know this from first hand.
     
  4. Bishara Haj

    Bishara Haj Guest

    Hello Everyone,

    I am an FX trader for over 6 years and YESFX LTD i can assure you guys they are 99.9% Scam. YESFX LTD SCAM.

    Please be aware of this firm and they have a very bad communication that they won`t even talk or discuss about the First Fee of 1,450 Euro.

    Their Manager Mr. Kyriakos Charilaou, He told me that he don`t have a time to waste !!!

    Please look at my emails with them and you can figure it out how much they are a bad scammers.

    YESFX LTD SCAM:

    As I said I don’t want to waste my time. Good luck with that.

    Best Regards,


    Kyriakos Charilaou, CMT, CFTe, MSTA
    Technical Analyst / FX Trader, Director

    yesfx outlook

    22 Nicosia Aven. , office 202
    2018 Strovolos,
    Nicosia,
    Cyprus

    ( Tel (+357) 7000 22 15
    È Mob (+357) 7000 7110
    Ê Fax (+357) 7000 22 16
    * Mail charilaou.k@yesfx.com.cy
    ? URL www.yesfx.com.cy



    On Fri, May 6, 2016 at 2:09 AM -0700, "Kyriakos Charilaou" <charilaou.k@yesfx.com.cy> wrote:

    Thanks for this response. I don’t want to waste my time on this.

    Best Regards,


    Kyriakos Charilaou, CMT, CFTe, MSTA
    Technical Analyst / FX Trader, Director

    yesfx outlook

    22 Nicosia Aven. , office 202
    2018 Strovolos,
    Nicosia,
    Cyprus



    From: Bishra Haj [mailto:bishara89@mail.com]
    Sent: Friday, May 06, 2016 12:03 PM
    To: Kyriakos Charilaou
    Subject: RE: RE: RE: RE: yesfx prop trader application

    Dear kyriakos,

    Please do cancel the whole appointment, after reading feedbacks about yesfx and the starting fee you request isnt acceptable at all.

    Kind regards,

    Bishara

    Sent from Outlook Mobile





    On Fri, May 6, 2016 at 1:58 AM -0700, "Kyriakos Charilaou" <charilaou.k@yesfx.com.cy> wrote:

    12 EET – check the link please. Now it’s almost 12 EET.

    Dear Mr Bishara Haj,

    Thank you for your response below. Your skype interview appointment for the position of the Remote FX Prop-trader at YESFX is set for Friday 6th of May at 12:00 (EET – Eastern European Time). Please check time link and make sure you appear on time.

    My skype id is: YESFX_LTD

    Please make sure that you have access to a PC (Desktop Computer) or laptop with a camera and microphone setting enabled since the interview will be a video call. Interviews CANNOT be conducted properly using mobile phones.

    All candidates are required to show up on time for their skype interview, otherwise your application for this position might no longer being processed further.

    PLEASE CONFIRM


    Best Regards,


    Kyriakos Charilaou, CMT, CFTe, MSTA
    Technical Analyst / FX Trader, Director

    yesfx outlook




    From: Bishra Haj [mailto:bishara89@mail.com]
    Sent: Friday, May 06, 2016 11:57 AM
    To: Kyriakos Charilaou
    Subject: RE: RE: RE: RE: yesfx prop trader application

    Dear kyriakos,

    The interview time which you mentioned must be at 12:00 EET but now its 10:56,

    Your skype interview appointment for the position of the Remote FX Prop-trader at YESFX is set for Friday 6th of May at 12:00 (EET – Eastern European Time).


    Kind regrads,

    Bishara

    Sent from Outlook Mobile






    On Fri, May 6, 2016 at 1:54 AM -0700, "Kyriakos Charilaou" <charilaou.k@yesfx.com.cy> wrote:

    Dear Mr Bishara Haj,

    Your skype interview appointment for the position of the Remote FX Prop-trader at YESFX Ltd starts in 8 minutes from now. I cannot see you online on skype. Please add me on skype. My skype id is: YESFX_LTD

    In case you do not show up on time your application will be automatically terminated.

    Thanking you in advance for your prompt response.

    Best Regards,








    Sent: Thursday, May 05, 2016 at 11:22 AM
    From: "Kyriakos Charilaou" <charilaou.k@yesfx.com.cy>
    To: "'bishara haj'" <bishara89@mail.com>
    Subject: RE: RE: yesfx prop trader application
    Dear Mr Bishara Haj,

    ALL of your questions will be answered in the skype interview. Please confirm that you agree with our terms and conditions stated in the email below (including the entry fee payment of €1,450).

    I don’t want to waste my time and your time here. If you believe that the entry fee is inappropriate or cannot be afforded that is widely respected and understood.

    Looking forward to receive your response.

    Best Regards,


    Kyriakos Charilaou, CMT, CFTe, MSTA
    Technical Analyst / FX Trader, Director

    yesfx outlook

    22 Nicosia Aven. , office 202
    2018 Strovolos,
    Nicosia,
    Cyprus


    Thank you for submitting your CV and traders analysis template regarding the Prop Trader position with YESFX Ltd, the biggest Prop Trading House in Eastern Europe. YESFX Ltd in cooperation with PR Human Resource Consultants is in the pleasant position to offer you the opportunity to interview for the position of the Junior Prop Trader. Kindly notice that this is NOT an offer for this position since further assessments and tests will be conducted for evaluation during the interview.

    We have reviewed your qualifications and we are prepared to offer you an interview. We kindly request you read the remaining of this email thoroughly before responding.

    Please note the amount of time each trader devotes to the position is different. Therefore the position can be either part time or full time; and at the same time it can be combined with another career or school depending on the trader’s current schedule.

    YESFX Ltd is pleased to offer you an interview for the Junior Prop-Trader with a YESFX individual trading account of €50,000. In order to proceed with the hiring process we need to complete an online Skype interview [Skype id YESFX_LTD]. If our Human Resources Department is satisfied with the interview you will receive further instructions. The position, if offered to you, can be combined with current employment or school. The interview will be arranged as soon as you respond to this email.
    The position of Junior Prop Trader offers the following:
    · A €50,000 live account [successful candidates will use their personal strategies combined with YESFX money management rules to trade this account]
    · Access to YESFX Traders online community of professional prop traders. This will allow you to interact with your colleagues. The online community will offer online seminars and Q & A live chat sessions.
    · Monthly income based on performance. You will receive 50% of all monthly gains.

    Please be advised that we require you to utilize your own Trading System in combination with YESFX money management trading rules as seen below:

    · Minimum trade per day: 1
    · Maximum trade per day: 3
    · Minimum or Maximum position size per trade: 100.000 (1 lot)
    · Intraday positions: All positions must be closed before the end of the trading session.
    · Maximum daily loss: €900
    · If dropdown of 10% (€5000)occurs in the account, the trader will enter monitoring and we have the right to terminate the contract
    · Instruments: Eurusd, gbpusd, audusd, eurgbp, usdcad, usdjpy, eurjpy, gbpjpy, euraud
    · European and American Trading Sessions

    You will have a chance to ask any questions regarding the above rules during the interview.
    Successful candidates will be asked to provide the following information in order to proceed with the hiring process:
    · A valid copy of your passport – in order to prepare the ‘Partnership Agreement’ (sample of the agreement, do not print, read only).
    · A one-off payment of €1450 entry fee which will cover:

    1. Legal Admission fees
    2. Your own Execute Trader
    3. Access to one on one chat sessions with our instructors
    4. Access to the YESFX Traders online community [live webinars and forum]
    5. Processing fees for all future withdrawals [does not include Bank Charges]

    The entry fee is required upfront for the above reasons and cannot be requested to be deducted from future gains. Even though we have concluded certain candidates have a high chance of success our main priority is the viability of our international program. Since there is no guarantee that everyone we hire will be profitable, we need to cover legal costs upfront in order to keep the program alive for people internationally.

    · Once you provide us with the above, we will then prepare the agreement and forward it to you for signing.

    Once you start trading with YESFX Ltd you will be allowed to withdraw any profits generated from intraday FX-trading at the end of each month. For example, once your total amount of profits exceeds €800 your performance fee will be 50% thereof (that is €400).

    Upon completion of the above steps you will be authorized to start trading for us within 48 hours if you are selected. Please note that the normal working hours for intraday FX-trading is from 09:00-19:00(unless otherwise specified) [EET – Eastern European Time]. Our trades are placed online through our software. We will provide links and further details once the Partnership Agreement is signed.

    We kindly request that you respond within 48-hours upon receiving this email in order to schedule your online interview. In the event that you don’t, your application process will be terminated. For more information regarding this position you can visit our website at:

    http://www.yesfx.com.cy/trader

    Also, please note that I have attached a FAQs pdf for your convenience.

    In case you have any further questions do not hesitate to contact us directly via email or to the numbers listed at the bottom of this email.

    Follow us on LinkedIn, Twitter, YouTube and Facebook to learn more about us!


    Best Regards,


    Kyriakos Charilaou, CMT, CFTe, MSTA
    Technical Analyst / FX Trader, Director

    yesfx outlook

    22 Nicosia Aven. , office 202
    2018 Strovolos,
    Nicosia,
    Cyprus
     
  5. Reviewer

    Reviewer Guest

    It seems like it is a scam. Not to mention they charge a very high setup fees once you are done with initial assessment to join them as a trader. Basically its risking your own money for them. They may take advantage of it, who knows. Its better to take risk with a reliable broker who provides high leverage, it will be more or less equivalent/ similar to this. I think, they are not confident of their own abilities/ trading strategies. Instead of providing strategies they ask strategies from traders who wants to join them, that means you are selling your trading strategies to them for free. So beware of their recruitment techniques. If you are dealing with them that means you are only going to loose. Trusting them will be a big mistake. They should clearly mention their recruitment process and fees in their not so standard website.
     

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