Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighDeposit entity is in Saint Vincent (no forex regulation); only claim is a low tier Cambodian SERC licence 033 held by a sister company and unconfirmed on the register.
Identity & transparency
5/10 · ModerateDiscloses an entity, addresses and a real MT5 server, but uses an offshore shell, a token Toronto office, and placeholder text on its fund safety page.
Withdrawals & conduct
5/10 · ModerateSome reports of withdrawal difficulty after deposits, but also multi year satisfied users; no confirmed systematic denial pattern.
Reputation
6/10 · HighIndependent watchdogs and directories rate it unregulated and high risk, but there is no regulator warning list hit and user feedback is mixed.
Website claims
7/10 · HighOverstates its history ('since 2015'), presents an unverified SERC licence, shows awards with no attribution, and vague bank safety claims.
Operational history
4/10 · ModerateDomain from 2021, Cambodian entity from 2019, with a genuine MT5 server, so several years of operation but shorter than its marketing implies.
Who they are
A quick desk file on the company behind the brand.
- Brand: Y.A.I Brokers (YAIBrokers)
- Legal entity: YAI Trading Co Ltd (the international arm), with a Cambodian sister company Y.A.I Trading Co., Ltd
- Registered: 1st Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines; claimed offices in Toronto (439 University Avenue) and Bangkok
- Website: yaibrokers.com
- Only licence: Claimed SERC Cambodia 'Derivative Broker' licence 033 (low tier, unconfirmed on the register)
- Offers: Forex, indices, commodities, metals and crypto CFDs on MetaTrader 5, leverage advertised up to 1:2000
- Not accepted: Residents of the EU, United States, Canada, Japan, Turkey and Australia (per the site's own footer)
- Age claim: Advertises trading 'since 2015', which its own domain (2021) and Cambodian incorporation (2019) do not support
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Securities and Exchange Regulator of Cambodia (SERC)
Saint Vincent and the Grenadines (company registration)
Why we reached this verdict
How the evidence adds up.
We rate Y.A.I Brokers high risk and unverified because the protection you would expect from a regulated broker is missing.
- The entity that holds client money is a Saint Vincent and the Grenadines company. That jurisdiction does not license or supervise forex or CFD brokers, so there is no local protection for your deposit.
- The single regulatory badge is a Cambodian SERC 'Derivative Broker' licence numbered 033. That licence belongs to a separate Cambodian company at Exchange Square in Phnom Penh, not to the Saint Vincent entity that takes your funds.
- SERC is a low tier regulator, and we could not confirm licence 033 on SERC's own public records. An independent broker directory lists this operation as having no valid forex licence.
- The 'safety of funds' page relies on placeholder text and vague mentions of 'European and Swiss credit institutions' with no named bank or account details.
- Independent reviews describe the broker as unregulated and report cases where deposits went smoothly until a withdrawal was requested.
We did not find a regulator warning naming this exact website, and we could not confirm systematic fund theft, so this is not a confirmed scam. It is an operation whose regulation we cannot stand behind.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The yaibrokers.com domain was created on 30 April 2021, which contradicts the site's 'Reliable Trading since 2015' claim.
ModerateRDAP (Verisign registry)E2The broker's own About page lists its headquarters at the First St. Vincent Bank building in Kingstown, Saint Vincent and the Grenadines, a jurisdiction that does not license or supervise forex brokers.
E3The homepage footer states services are not offered to residents of the EU, US, Canada, Japan, Turkey and Australia, while the About page still advertises a Toronto office; the broker is not on Canada's regulator records.
E4The only regulatory claim is SERC Cambodia 'Derivative Broker' licence 033, tied to a Cambodian sister company Y.A.I Trading Co., Ltd at Exchange Square, Phnom Penh, not to the Saint Vincent entity that holds client funds.
E5A genuine MetaTrader 5 server named YAITradingCoLtd-Real is referenced in the broker's own download links, showing a real trading platform rather than a fake web only dashboard.
E6Independent broker review coverage rates the operation as unregulated and high risk and notes cases where trading went smoothly until a withdrawal was requested.
ModerateBroker review site (BrokersView)E7The 'Safety of Funds' page contains placeholder text ('Some text will go there') and only vague claims of 'European and Swiss credit institutions' with no named bank or account details.
E8A third-party broker directory shows no valid forex trading licence for this operation and rates it high risk, consistent with the unverified regulatory picture.
ModerateA third-party broker directoryE9As of August 2026 we found no regulator warning list entry naming the exact domain yaibrokers.com, which is why this is not a confirmed scam.
WeakRegulator warning-list sweep (IOSCO, FCA, ASIC, CSA)
The other side
The strongest case in this broker’s favour.
In fairness, several points argue against calling this an outright fraud.
- A genuine MetaTrader 5 server, YAITradingCoLtd-Real, exists for the brand, which shows a real trading platform rather than a fake web only dashboard.
- There is a real, named Cambodian company, Y.A.I Trading Co., Ltd, at a specific Phnom Penh address that publicly associates itself with SERC 'Derivative Broker' licence 033, and Cambodia's SERC does license derivative brokers.
- Some users report trading for around three years without problems, and the broker offers mainstream payment methods (Visa, Mastercard, bank wire, Skrill, Neteller) rather than crypto only deposits.
- The brand is internally consistent (same name, entity and server across its pages), and we found no sign it is impersonating a well known regulated firm, so the earlier 'clone' label is not supported.
What would change this
What we would need to see to revise the verdict.
Our view would improve or worsen with any of the following.
- Would improve it: SERC's own register showing licence 033 active in the name of the entity that actually holds client funds, with the yaibrokers.com website listed.
- Would improve it: a genuine tier one or tier two licence (for example FCA, ASIC or CySEC) covering the entity that takes deposits.
- Would worsen it to likely or confirmed scam: a regulator warning list entry naming yaibrokers.com, or several detailed, verified reports of the same withdrawal refusal pattern across independent platforms.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Y.A.I Brokers website
The broker's own site; access is gated by a security screen.
Y.A.I Trading (Cambodia) site
The group's Cambodian arm, which states SERC Derivative Broker Licence 033.
SERC Cambodia derivative broker register
Cambodia's regulator list of licensed derivative brokers; check licence 033 here yourself.
Frequently asked questions
Quick answers about this broker’s safety.
Is Y.A.I Brokers a scam?
We did not find proof of outright fraud, but we also could not confirm it is properly regulated. We rate it high risk and unverified. The company that holds your money is based in Saint Vincent and the Grenadines, which does not regulate forex.
Is Y.A.I Brokers regulated?
Its only licence claim is a Cambodian SERC 'Derivative Broker' licence, number 033, held by a sister company in Phnom Penh. We could not confirm that licence on SERC's own register, and the entity that takes deposits is an unregulated Saint Vincent company.
Can I withdraw my money from Y.A.I Brokers?
Some users report smooth trading, but others say withdrawals became difficult once requested. Because there is no strong regulator backing the deposit entity, there is no authority to force a payout if it refuses.
Is my money safe with Y.A.I Brokers?
There is no strong compensation scheme or tier one regulator protecting client funds. The site's fund safety page is vague and even contains placeholder text, so we cannot verify how client money is held.
Who owns Y.A.I Brokers?
The brand is run under the name YAI Trading Co Ltd, with an international arm registered in Saint Vincent and the Grenadines and a related company, Y.A.I Trading Co., Ltd, in Phnom Penh, Cambodia.
How old is Y.A.I Brokers?
The website advertises trading 'since 2015', but the yaibrokers.com domain was created in 2021 and the Cambodian company dates from 2019, so the 2015 claim is not supported by the records we checked.
What is a SERC Cambodia licence worth?
SERC is a low tier national regulator. A Cambodian derivative broker licence offers little protection to international clients, especially when the money is actually held by a separate offshore company.
Is Y.A.I Brokers a clone of another broker?
We found no evidence it is impersonating a known regulated firm. Its name, entity and trading server are consistent across its pages, so we do not consider it a clone.
Does Y.A.I Brokers accept clients from Canada or the US?
No. Its own footer says services are not offered to residents of the EU, United States, Canada, Japan, Turkey and Australia, even though it advertises a Toronto office.
What should I check before depositing with any broker like this?
Confirm which legal entity holds your funds, find that entity on a strong regulator's public register, verify the website is listed there, read the withdrawal terms, and test a small withdrawal before committing more.
What do I do if I was scammed by Y.A.I Brokers?
Stop depositing, gather all records and transaction receipts, contact your bank or card provider about a chargeback, and report the case to your national financial regulator and police. Be wary of 'recovery' services that ask for upfront fees, as many are follow up scams.
What we recommend
The practical takeaway from everything above.
Be very cautious with this broker.
- Do not deposit money you cannot afford to lose, and do not treat the SERC 033 claim as protection for international clients.
- Before funding any account, ask the broker in writing which regulated entity holds your money and request the register link, then verify it yourself on the regulator's site.
- If you already have funds there, test a small withdrawal before adding more, and keep records of every transaction.
- Prefer brokers licensed by a strong regulator that lists the trading website on the register.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 9, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.