Forexyard is an established online FX brokers which provides a safe and dynamic trading platform. This assures superior execution and advanced reporting. The analytical tools of Forexyard are intuitive and user-friendly and suitable for both beginners and advanced traders.
Forexyard offers fixed margins of 3 pips on EUR / USD and 3-5 pips on other popular currency pairs. These spreads are guaranteed regardless of market conditions and economic news.
New customers can choose between the “Super Mini” account (minimum deposit $100, minus $25 fee for international payments), the “Standard” account (minimum deposit $1,000) and the “Forexyard Strategy Advisor FSA account (minimum deposit $2,000). The latter is designed for advanced traders: This gives us access to an automated trading mechanism where you only select the strategy. The trade account then can run by itself. The buys and sells currencies according to the trading rules set up in the FSA. There is a huge range of systems and strategies from which to choose. In the system accurate data from the last 12 months is stored, so you can check whether a Forex trading strategy generated profits or losses in the past. The automated trading system is so flexible that several strategies can be used for FX trading with one or several currency pairs.
The software for the standard trading account and also the website of Forexyard are available in different languages such as English, German, French, Italian, Turkish and about ten other ones. This proves that Forexyard is a large, international FX broker which has remained active in the market for a long time.
There are two different types of the Forexyard trading software: a download version and a Java-based software browser version. This means that you can trade both at home and at work, or on any computer with an internet connection in the whole world, regardless of whether Windows, Mac OS or Linux is installed on the computer.
Forexyard offers free demo accounts for both the standard account as well as for the automated trading system FSA.
Forexyard offers a 10% bonus on the first deposit of $1,000 or more. This means that if you deposit for example $6,000, you will receive a cash back of $600 for free. There are also other ongoing promotions, such as access to the Online Trading Academy OTA if you deposit $5,000 or more. The online course is divided into 8 modules such as “Advanced Forex Trading Techniques”, “Technical Analysis”, “Fibonacci Training”, “Risk Management” and others and has a value of $400.
Forexyard Deposit Options
Bank wire transfer, credit card (MasterCard, Visa, Diners Club), Maestro and Moneybookers. Via Moneybookers you can deposit funds using your Amex, ELV, Giropay, Solo, Delta, Maestro, JCB, Diners, Carte Bleue, iDeal, 4B, Euro 6000, Poste Pay, Cartasi, EPS, Nordea, Delta, Dankart, Laser, eWallet and many other payment types across the globe.
Forexyard Trading Figures
Maximum Leverage: 200:1
Minimum Margin: 0.5%
Spread: 3 pips on EUR/USD
Available currency pairs: 37 for a standard account
Commodities: Yes (including oil, gold, silver, platinum)
Indexes: Yes (including DAX 30, Dow Jones Industrial, Hang Seng Index, NASDAQ 100, Nikkei 225, S&P 500)
The customer support of Forexyard is accessible 24 hours a day during the week. The staff has a background as traders, so you can be assisted by experienced employees. In addition, Forexyard offers a free iPhone app, the Forexyard Mobile Trader, which can be downloaded from the Apple iTunes store. With the Forexyard iPhone app, you can even trade while being away from your PC.
Current and relevant market information is important for successful FX traders. Forexyard employs experienced analysts. Registered users can access daily updated reports and analysis.
Forexyard Review Conclusion
Forexyard is a great choice for both novice and experienced Forex traders. The trading software of Forexyard is great, and thanks to the no download browser software and the iPhone app you can trade whenever you want and wherever you are. It is also worth having a look at the automated Forex trading system FSA – which you can even use if you only open a free demo account.
|+ CFD, commodities, indexes||– Fees for beginners account „SuperMini“|
|+ 24h support, iPhone App|
|+ Demo account, bonus and cashback|