Interview: In Talks with Lalit Matta, Founder of Yamarkets

BrokersView Exclusive Interview…BrokersView had the pleasure of interviewing Lalit Matta, founder of Yamarkets. Mr. Matta told us about Yamarkets' mission and vision, its advantages, and the regions where the broker focuses in the present and future. He also told us about Yamarkets’ highlights of deposit and withdrawal, customer services, and his opinion about leverage.

BrokersView: Hello Lalit, pleasure to meet you, and thanks for join us at BrokersView Exclusive InterView. Could you tell us a bit more about yourself?

Lalit: Hi, this is Lalit Matta, I'm a founder of Yamarkets. I'm based from India, living in Dubai. I'm  graduated from Delhi University in India. I did postgraduate in Marketing in Cyprus. I've been fighting for this for 12 years. I've been educating people for about six years. I get diploma in the forex market, especially in cipher area.

BrokersView: Could you tell us a little bit more about Yamarkets' mission and vision?

Lalit: Yamarkets established in 2016 with a vision of providing financial services in the market. We do offer a platform and services of the financial industry. We have products for commodities, CFDs, metals, and indices. And Yamarkets is a regulated forex broker with regulations from Mauritius, Comoros Unions, Saint Vincent, and Vanuatu.

Along with that, we've talked about the mission, right? Mission is like...we are just trying to do education basically. Our mission is "Learn and Trade", we believe the word learn and trade. We got it in other languages, got it in my language, got Indian language, got sequel free trade. We believe that, people who start trading, they should have knowledge. We are just trying to complete the mission. Basically, every trader before start, they should know about the market, they should know about the education, they should know about the industry. And our vision, what actually serves trading and you or whatever, new or that experienced people, we're just trying to keep their best trading conditions, best trading experience by the providing, by the customer support, and the maximum tools which you can arrange for them and to become a like the best broker in this industry.

BrokersView: Which countries or regions is Yamarkets mostly presents?

Lalit: Yamarkets is a global platform, but yes, most of the bases, most of goals of Yamarkets and offices is located in Indian Ocean. You can do talk to Asia. We do have office in India, with office in Sri Lanka and Pakistan, Dubai, Saint Vincent, Vanuatu. And we will coming up soon into Southeast Asia. We are coming up with China, we are coming up with Thailand, Malaysia and Vietnam.

BrokersView: What's your major advantages over other brokers?

Lalit: All brokers are similar. What we do? We are just trying to give them an education which is important in this industry. We believe if you get the difference, if we're just trying to give them more education, we're just trying to give them the best trading tools, best trading conditions, and, moreover, to give them maximum support. So the market can be easily available for everyone.

BrokersView: Which country or region do you think will be the most attractive jurisdiction to develop the brokerage market in the future? And why?

Lalit: You see, as of now as everybody know in the UK and the Europe is struggling the recessions. And then as per the regulations, we are more focus into Indian and Southeast Asia and MENA region. This is going to be next hub, I believe. And this is the thing I may know that we are seeing a lot of people are still, you know, is that they are studying to this in the countries in Southeast Asia and Indian Ocean, and MENA region. This region, it just started booming. The people are here who are about to learn and about understand the industry of this market. So we are more focused into the Southeast Asia and the Indian Ocean.

BrokersView: What is your expansion plan for the next year 2023?

Lalit: As we are into coming up with the more regulations, we are planing to enter into the countries of, we can say: yes, next year, we will plan to get into a Europe license, so we can open the door for the European clients as well.

BrokersView: What are the highlights and features of Yamarkets in clients deposit and withdrawal?

Lalit: I believe, for the traders, it is very important to call withdrawals. Whenever, if someone is coming up in the industry to start trading, you have for the first thing is, in your mind, about withdrawal. You know, when he really make money, he will keep the withdrawal. So we can certainly understand that concern about the traders, so we have more focus into withdrawals, we are doing the fastest payout withdrawals.

We do have multiple options, multiple modes to paying the withdrawals. Our withdrawl is the current. We have a dedicated team who are doing an effort to be the fastest withdrawal.

So we have a first priority for Yamarkets to make sure it should not be delayed for more than two hours. We believe in the maximum withdrawal is like a gesture to us from Yamarkets.

BrokersView: BrokersView leared that "Education First" is the key tenet of Yamarkets' customer services, how do you support your clients? And what are the achievements?

Lalit: See, as Yamarkets' mission and vision is we are trying to educate maximum people, we are trying to educate maximum clients who will actually want to start. It might be the newcomer, for the new beginners in this industry. So the Yamarkets has focused on completely to give them an education. We are just trying to raise arrange the resources for them. We are doing an education workshop, we are doing educational seminars. We are doing one to one training, we are doing on-training session, we are doing in office training sessions, we are trying to raise them a free e-books, videos, articles, from maximum courses we are trying to give them. The maximum resource - we have private educations for the clients.

BrokersView: Long leverage & High leverage - which one do you think is the best for our retail clients?

Lalit: The leverage is a mechanism where basically traders can be used as a tool even to just with a smaller amount but larger create. But it is also called a best friend or may be the worst enemy for you, for every trader. So the leverage, it should be on the basis of the risk management - how much the risk I'm taking on every single deal - it should be on the base of leverage management. If you go for a long leverage, I suggest, if you are a new trader you should never go for high leverage. When you have a small amount of money and you're paying a bigger larger trade, it's gonna be massive in favor of you, but if you're not a favor for you, it's gonna be a crash for you. So I suggest for every trader, start with the lower leverage, start with risk management, start with not to borrow money as a leverage, start as a low good leverage.