ForexYard Video Review
ForexYard is a well-rounded dealer that offers many markets for traders to take advantage of the world’s markets. The firm is well-known and regulated in the EU in several countries, meaning that you can trust the validity of the company.
ForexYard uses the well-known MetaTrader4 and ACT platform as well as a proprietary platform called FX-Trader. They also offer FX-Webtrader and an Automated platform called FX-Automate, and Mobile versions of them.
ForexYard offers phone support with several European-based numbers as well as a few other countries outside of the EU. The customer service personnel is also available via call-back, email, and are available 24 hours a day during the Forex sessions.
ForexYard is a very reliable dealer that also offers many other markets as well. The sheer volume of transactions that the dealer gets and transacts every month shows the reliability of the well-known broker. The platform (MetaTrader4) is one of the most common platforms, and transacts over 85% of daily FX trades, so you know it is reliable.
Commissions and Spreads
ForexYard has fixed spreads, allowing traders to know the cost of placing an order ahead of time. The broker is also good for trading news-related events because of this. The CFD and commodities trading has floating spreads, but you will find that they are extremely tight.
ForexYard offers no promotions at the time of this writing.
ForexYard is a great all-around dealer in the Forex, Commodities, and CFD markets. The ability to trade so many instruments allows for traders to take advantage of many of the world’s financial markets. Because of the MT4 platform, you can trust the trading software as well.
- Variable or fixed spreads depending on the market traded. This keeps the spread tight, which is one of your biggest expenses as a trader, which allows you to also profit from tight fixed spreads as well – if they choose to news trade.
- Forex, Commodities, and CFDs are available for trading – this allows you to take advantage of the correlations between the various world’s markets.
- The MetaTrader platform is well-known and reliable. It has been being used for years, and is very stable. ACT is also available and well-known too.
- Accounts can be started with as little as $100.
- The deposit process is simple and quick, as you can use Moneybookers, bank transfer, Diner’s Club, Credit Card as well as Maestro to fund your account. Withdraw can be done in reverse.
- Americans are not accepted.