SmartProfitFX vs YCM-Invest
YCM-Invest is the current active broker name behind old searches for Finotec, Finotec Trading UK Limited and Finotrade. Official sources checked 2026-06-09 show YCM-INVEST LTD active at Companies House, the previous FINOTEC TRADING UK LIMITED name ending on 29 Sep 2022, FCA Firm Reference Number 470392, professional-client and eligible-counterparty scope, live YCM legal documents, platform coverage and risk warnings. This page keeps the old Finotec names visible for searchers while using current YCM-Invest primary sources for every broker fact. The FCA's official firm-name dataset also lists www.121clearing.com (121 Clearing) as an other trading name of YCM-Invest Ltd under FRN 470392; that old domain is now unregistered and non-resolving, so 121 Clearing searches belong on this current YCM-Invest page.
Also searched as: 121 Clearing, 121clearing, 121Clearing, 121clearing.com, application.finotec.com, application.ycm-invest.com, Company number 06039502, FCA 470392, Finotec, Finotec Trading UK, Finotec Trading UK Limited, Finotec Trading UK Ltd, finotec.com, Finotrade, finotrade.com, FRN 470392, my.finotec.com, my.ycm-invest.com, register.finotec.com, www.121clearing.com, www.finotec.com, www.finotrade.com, www.ycm-invest.com, YCM, YCM Invest, YCM-Invest Limited, YCM-Invest Ltd, ycm-invest.com
Verdict
The useful comparison is not Finotec versus SmartProfitFX as if Finotec were still a separate current broker. It is SmartProfitFX's Eightcap-powered account setup versus YCM-Invest's FCA-regulated, professional-client-focused brokerage and investment-management setup. Old 121 Clearing search intent also resolves here because FCA records connect that trading name to YCM-Invest Ltd and the old domain is dead.
Use it for an Eightcap-powered retail-style setup
SmartProfitFX can make sense for eligible non-U.S. traders who want Eightcap-powered platforms, broad CFD market access, account resources, funding context and support, with the $1 lower round-trip commission than opening directly with Eightcap as the pricing reason to use SmartProfitFX.
Use it only if the professional scope fits
YCM-Invest may fit professional clients, eligible counterparties, asset managers, strategy managers or introducing brokers who can satisfy the current client categorisation and onboarding scope.
Use YCM-Invest for Finotec searches
Finotec, Finotec Trading UK Limited, Finotrade and the old finotec.com/finotrade.com domains should point to this YCM-Invest page. FinoSpread should not; FCA identifies it as a clone firm.
Quick comparison
Research checked 2026-06-10. Broker terms can change; verify current official documents before opening or funding an account.
| Category | SmartProfitFX powered by Eightcap | YCM-Invest |
|---|---|---|
| Best fit | Eligible non-U.S. traders who want the SmartProfitFX account setup powered by Eightcap, including platform, market, funding and support context plus the $1 lower round-trip commission versus opening directly with Eightcap. | Professional clients, eligible counterparties, asset managers, strategy managers and introducing brokers that fit YCM-Invest's current professional-only scope. |
| Current name and old names | SmartProfitFX should be evaluated through current SmartProfitFX and Eightcap sources. | Current name: YCM-Invest / YCM-Invest Ltd. Old search names include Finotec, Finotec Trading UK Limited, Finotrade, finotec.com and finotrade.com. |
| Regulation and entity | SmartProfitFX is not the regulated broker; the account experience is powered by Eightcap where eligible. | YCM's own footer and legal PDFs cite FCA Firm Reference Number 470392. Companies House lists YCM-INVEST LTD as active with company number 06039502. |
| Retail availability | Designed around an Eightcap-powered account experience for eligible traders, subject to SmartProfitFX/Eightcap onboarding rules. | YCM's client categorisation PDF says it does not deal with retail clients and serves Professional Clients and Eligible Counterparties only. |
| Platforms | SmartProfitFX account context should be checked through Eightcap-supported platforms and tools. | YCM lists FIX API, MT4, Web Trade, MT5, Mobile and Currenex on its own website. |
| Markets | Use current Eightcap-powered market coverage when evaluating SmartProfitFX. | YCM lists Forex, Precious Metals, Indices, Energies, Single Stocks and Crypto CFDs as traded instruments. |
| Costs | The SmartProfitFX pricing reason is the $1 lower round-trip commission versus opening directly with Eightcap, after confirming account eligibility. | YCM shows live spread examples on its homepage and lists brokerage service tiers on the fund-allocation page; these are date-checked source facts, not fixed guarantees. |
| Risk posture | SmartProfitFX comparisons should still treat leveraged CFD trading as high risk. | YCM's risk warning says leveraged FX and other products are high risk, crypto CFDs are especially speculative, and rolling spot forex is suitable only for sophisticated individuals. |
| Clone/old-domain caution | Use current SmartProfitFX and Eightcap URLs for account actions. | FCA says FinoSpread is a clone with no connection to the genuine authorised YCM-Invest firm. Old Finotec/Finotrade domains should be treated as old-name evidence, not separate broker destinations. |
| 121 Clearing identity | SmartProfitFX should be evaluated through its current Eightcap-powered account sources. | FCA records list www.121clearing.com (121 Clearing) among YCM-Invest Ltd's other trading names under FRN 470392. The old domain is unregistered and non-resolving. |
YCM-Invest source-checked research brief
The notes below use YCM-Invest official pages and PDFs, Companies House, the FCA's own warning-page authorised-firm details and old-domain checks. Finotec facts are limited to identity resolution and old-name search handling. The source trail now also resolves old 121 Clearing searches through the FCA's own firm-name dataset and current domain-registration checks.
Current broker and old-name cleanup
- YCM-Invest is the canonical current broker page for this cluster.
- Companies House shows FINOTEC TRADING UK LIMITED as the previous name of current YCM-INVEST LTD.
- Finotec, Finotec Trading UK Limited, Finotrade, finotec.com and finotrade.com should resolve to this page rather than separate active broker pages.
FCA and company trail
- YCM's footer says YCM-Invest, company number 06039502, is authorised and regulated by the FCA under Firm Reference Number 470392.
- The FCA FinoSpread warning lists the genuine authorised firm as YCM-Invest Ltd, FRN 470392, website www.ycm-invest.com and compliance@ycm-invest.com.
- Companies House lists YCM-INVEST LTD as active and incorporated on 2 January 2007.
Professional-only client categorisation
- The client categorisation PDF says YCM-Invest deals with Professional Clients and Eligible Counterparties only.
- The same PDF says YCM-Invest does not deal with retail clients.
- Elective professional criteria include transaction-frequency, portfolio-size and professional-experience tests.
What can be published from primary sources
- The homepage displayed live spread rows for major FX, gold, BTCUSD and ETHUSD during the check.
- The fund-allocation page lists tiered brokerage-service rows for deposit bands above USD 25k, USD 50k and USD 100k.
- The introducing-brokers page says spreads start from 0.0 pips and execution can be as fast as 7 ms.
Professional platform stack
- The homepage lists FIX API, MT4, Web Trade, MT5, Mobile and Currenex.
- YCM describes FIX API as LD4 and NY4 low-latency FIX connectivity for market data and full-functionality trading via FIX Protocol 4.4.
- YCM describes Currenex as a liquidity-aggregation platform and MT5 as a hedge-fund platform.
Risk and protection details
- The YCM footer warns that leveraged FX and other products are high risk and losses can exceed the initial investment.
- The risk-warning PDF says rolling spot forex is one of the riskiest forms of investment and suitable only for sophisticated individuals.
- The 2026 evidence-of-cover PDF lists YCM-Invest as insured but says the evidence confers no rights and is subject to policy terms, exclusions, conditions and retention.
Why 121 Clearing resolves to YCM-Invest
- The FCA's official firm-name dataset lists www.121clearing.com (121 Clearing) among YCM-Invest Ltd's other trading names under FRN 470392.
- The same FCA record gives YCM-Invest Ltd an Authorised status and www.ycm-invest.com as the current website.
- 121clearing.com is unregistered and non-resolving, so it is retained only for identity matching, old-name SEO and user protection.
YCM-Invest caveats
These caveats keep Finotec search value without publishing stale or unsafe broker assumptions.
Finotec is historical search context
Use Finotec, Finotec Trading UK Limited and Finotrade as alternate-name context for YCM-Invest. Do not describe them as current separate brokers.
Do not imply retail availability
YCM's client categorisation PDF says it deals with Professional Clients and Eligible Counterparties only and does not deal with retail clients.
FinoSpread is not an alias
FCA identifies FinoSpread Trading UK Limited as a clone of the genuine authorised YCM-Invest firm. Keep FinoSpread out of brand alias lists except as a warning note.
Treat live pricing as date checked
YCM's homepage spread table and brokerage-service tier rows were checked on 2026-06-09. Recheck live terms before opening or funding an account.
121 Clearing is historical identity context
FCA records connect 121 Clearing and www.121clearing.com to YCM-Invest Ltd under FRN 470392. The old domain is dead, so use current YCM-Invest sources and never treat 121 Clearing as a separate live broker or account-opening route.
Who should choose which?
Choose between SmartProfitFX and YCM-Invest based on the account setup that is actually available to you.
- You are eligible outside the United States and want the SmartProfitFX account setup powered by Eightcap.
- You want Eightcap-powered platform access, broad CFD market coverage, account resources, funding context and support in one setup.
- You want the $1 lower round-trip commission than opening directly with Eightcap after confirming the rest of the account fit.
- You do not fit YCM-Invest's professional-client or eligible-counterparty scope.
- You are a professional client, eligible counterparty, asset manager, strategy manager or introducing broker.
- You specifically want YCM-Invest's FCA-regulated professional setup after checking FRN 470392 and current legal documents.
- You need access to a professional platform mix that may include FIX API, MT4, MT5, Web Trade, Mobile or Currenex.
- You understand the risks and reduced retail protections described in the YCM client categorisation and risk-warning documents.
FAQs
Is Finotec now YCM-Invest?
For current broker-listing purposes, yes. Companies House lists FINOTEC TRADING UK LIMITED as the previous name of current active YCM-INVEST LTD, and YCM's live site and legal documents are the current source set.
Should Finotec have a separate broker comparison page?
No. Finotec should be treated as an old-name search variant for the YCM-Invest page, not as a separate current active broker page.
Is YCM-Invest available to retail clients?
YCM's current client categorisation PDF says YCM-Invest deals with Professional Clients and Eligible Counterparties only and does not deal with retail clients.
What platforms does YCM-Invest list?
YCM's official website lists FIX API, MT4, Web Trade, MT5, Mobile and Currenex.
What markets does YCM-Invest list?
YCM's official website lists Forex, Precious Metals, Indices, Energies, Single Stocks and Crypto CFDs.
Is FinoSpread another YCM-Invest name?
No. The FCA's official warning says FinoSpread Trading UK Limited is a clone firm with no connection to the genuine authorised YCM-Invest firm.
Is 121 Clearing now YCM-Invest?
For current broker-listing purposes, 121 Clearing resolves to YCM-Invest. The FCA's official firm-name dataset lists www.121clearing.com (121 Clearing) among YCM-Invest Ltd's other trading names under FRN 470392, while the old domain is unregistered and non-resolving.
Should 121 Clearing have a separate broker comparison page?
No. A standalone 121 Clearing page would duplicate YCM-Invest and risk sending readers toward a dead domain. The old name remains on this canonical page for identity matching and search context.
Sources checked
Source date: 2026-06-10. Primary URLs below were checked for this YCM-Invest/Finotec duplicate cleanup and comparison refresh. Verify live terms again before opening or funding an account. The source set includes the FCA's official trading-name dataset and exact-domain checks resolving 121 Clearing to current YCM-Invest.
- YCM-Invest homepage: ycm-invest.com/
- YCM-Invest Who We Are: ycm-invest.com/who-we-are/
- YCM-Invest fund allocation: ycm-invest.com/fund-allocation/
- YCM-Invest introducing brokers: ycm-invest.com/introducing-brokers/
- YCM-Invest terms of business: ycm-invest.com/wp-content/uploads/2025/04/240709-ycm-terms-of-business.pdf
- YCM-Invest client categorisation: ycm-invest.com/wp-content/uploads/2025/10/client-categorisation.pdf
- YCM-Invest risk warning statement: ycm-invest.com/wp-content/uploads/2025/10/risk-warnings-statement.pdf
- YCM-Invest insurance evidence: ycm-invest.com/wp-content/uploads/2026/05/evidence-of-cover-ycm-invest-ltd-2026.pdf
- Companies House YCM-INVEST LTD: find-and-update.company-information.service.gov.uk/company/06039502
- FCA FinoSpread clone warning: www.fca.org.uk/news/warnings/finospread-trading-uk-limited-clone-fca-authorised-firm
- FCA Register search for 470392: register.fca.org.uk/s/search?q=470392&type=Firms
- Old Finotec domain: finotec.com/
- Old Finotec HTTP redirect: finotec.com/
- Old Finotrade domain: finotrade.com/
- SmartProfitFX account types: smartprofitfx.com/account-types
- Eightcap account options: www.eightcap.com/en/traders/account-options/
- Eightcap platforms: www.eightcap.com/en-au/traders/platforms/
- Eightcap markets: www.eightcap.com/en/trade/gud/
- Eightcap payments: www.eightcap.com/en/traders/payments/
- FCA Register YCM-Invest Ltd firm record: register.fca.org.uk/s/firm?id=001b000000Mg5FmAAJ
- Old 121 Clearing domain check: 121clearing.com/
- Verisign RDAP 121clearing.com check: rdap.verisign.com/com/v1/domain/121clearing.com
Related comparisons
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Compare the sources before opening
If SmartProfitFX powered by Eightcap is the better fit, use the SmartProfitFX account link so the account opens through SmartProfitFX.
