ForexYard forex broker review

ForexYard Review
ForexYard has a lot of experience and it is considered to be among the best forex brokerage firms in the world. It currently services traders from all around the world and offers great market analysis tools, extensive order executions and a customer support of the highest quality possible.

ForexYard gives users different possibilities in opening a live trading account in order to meet individual training requirements. After you open a demo account you can start using it to practice or opt for one of the many real money accounts. The SuperMini is the cheapest package at just $100 initial deposit and is focused on the needs of a small trader. You can trade up to 1000 units. If you need more, you can move towards the Standard account, which requires an initial deposit of $1000. You will not have any limit on extra deposits and this package is tailored for both experienced traders and novice users. Also, there is no commission or annual fee charged. In the event that you are a part of an organization you can opt for the Institutional account. ForexYard will charge $4 per lot and will restrict leverage to 1:30 for this package. If you are looking for something special you can opt for FSA, which is a MetaTrader platform proprietary version owned by the company. FSA offers many of the advantages that the Standard account has but also includes flexibility when choosing trading strategy through a market analysis basis. VIP members can gain customized trading if needed.

Talking about withdrawals and deposits, users can use Diners Club, MasterCard or Visa credit/debit cards for any real trading account. If needed, moneybookers and bank wire transfers are also available. If you want to withdraw an amount you will need to fill a form and also send a proof of address and identity. Any withdrawal will stay in processing status for around 3 days before the funds are released.
ForexYard offers 2 platforms that you can use. One is web based and built through Java and the other a downloadable software product that can be used on any Windows computer. Both platforms are user friendly and have an intuitive interface. There is a lot of flexibility when talking about customization and there are different options available like stop loss, trailing stops, exit orders, entry orders and so on. We can say that everything is very well built for swing trading. Some users will also like the fact that there is an iPhone app that was introduced by ForexYard, which allows mobile phone forex trading.
ForexYard has been in business for a long time and has managed to also build a very good support system for customers. You can get answers through email, fax, phone and live chat. When live chat is available the response is instant. Trading options offered are sound and the only problem is the fact that no international authority regulates the company.

ForexYard forex broker – Forex Strategy Automator and the best customer support

FOREXYARD offers a range of live trading account to meet the individual needs of individual traders trade. After becoming familiar with the FOREXYARD trading platform through a demo account, operators can choose any of the actual accounts as follows:

• SuperMini: With an initial deposit of only $ 100, SuperMini account is ideal for small businesses. Allows a maximum lot size of 1,000. However, one has to pay an annual fee to activate the account.
• Standard: With $ 1,000 as initial deposit and subsequent deposits without limit, this account is suitable for beginners and experienced operators. Unlike SuperMini account, the rule does not take into account annual fees or commission. It also allows the gold, oil and silver trade with foreign exchange trading.
• Institutional: This account is ideal for organizations that several corridors of the house. With this account, FOREXYARD charges a fee of $ 4/lot. Leverage is also restricted to 1:30.
• FSA: Forex Strategy Automator or FSA is the proprietary version FOREXYARD MetaTrader platform. It offers benefits similar to a standard account, along with the flexibility to choose their trading strategy based on market analysis.
FOREXYARD offers custom trading account for VIP members.

Deposits and withdrawals
Operators can use Visa, MasterCard or Diners Club credit cards to fund your account FOREXYARD actual trade. Moneybookers bank transfer and money transfer is also supported by the FOREXYARD platform. To withdraw money from the live trading account, the trader is expected to complete a form online and submit proof of identity and address of the headquarters of FOREXYARD. Money withdrawal process takes a minimum of three days.

Trading Platform
FOREXYARD offers trading platforms based on Windows and Java. The trading platform on their own is easy to use and offers great flexibility in terms of customization. With options such as trailing stops, stop loss, input / output commands, is an ideal platform for swing trading. very narrow margins, high leverage and extensive market analysis defines the FOREXYARD trading platform. focus of the rollover is also available. FOREXYARD has made application for the iPhone in 2010 to allow foreign trade through mobile phone.

Customer Service

Being in the industry for years, FOREXYARD has a good customer. Businesses may apply for support through chat, email, phone or fax. Live Chat responds immediately.
reliability coefficient is low as the broker is not regulated by any international authority. In general, the broker offers sound options trading. Mini account and trading opportunities for foreign exchange trading, and shares are the highlights.

This is nice forex broker and I will deposit some money and I will start to use it. Soon I will make more reviews.