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ForexYard Reviews and User Ratings

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ForexYard General Information


Broker Name
ForexYard
Established
2006
Country
Cyprus
Min Deposit
$100
Max Leverage
1:200
Regulation
FCA, CySEC, BaFIN, MiFID, FSA, CONSOB, AFM, CNMV, FI, FSB
Email
support@forexyard.com
Telephone
+61-2-6145-2512
Fax
+357-220-078-45
Website Language
English, Chinese, French, Russian, Spanish, Arabic, German, Italian, Dutch, Portuguese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, WebMoney, CashU
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, WebMoney, CashU

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Description


ForexYard Background

With its headquarters based in Nicosia, Cyprus, ForexYard was established in 2006 and is focused on trading metals, oils, indices, gold, commodities, stocks, and CFDs. What makes the company so highly reliable is the fact that it is heavily regulated in several countries in the EU by authorities like CySEC and MiFID. Ever since its inception, it has catered to the needs of countless traders and has come about to be known as one of the most reliable and trusted dealers around these days.

Features of ForexYard

Allows traders to choose between MetaTrader4, ACT and a proprietary platform known as FX-Trader

Offers mobile versions of all its trading platforms

Highly reliable as it is heavily regulated all through the EU

Can be used to trade metals, gold, oils, indices, commodities, CFDs and stocks

Offers frequent promotions to make trading all the more interesting for its users

Features fixed spreads

Floating yet extremely tight spreads offered for CFD and commodities trading
The dealer has a very simple and to-the-point type website that oozes professionalism. If you visit the site, you will notice that the homepage offers access to just about everything that you need to give your trading career a kick start. Through the homepage, users can easily access several aspects of the site such as opening a demo/real account, opening Islamic accounts, a guided tour of the trading platform, introduction to forex trading tools and a whole lot more. On the whole, the site is easy to use.

Conclusion

On the whole, ForexYard is a highly reliable dealer that serves the commodities, forex and CFD markets. Their trading software are easy to use and efficient, and the company offers extensive customer services too.

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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros and Cons


ForexYard offers outstanding customer services on a 24/5 basis. It can be contacted over the phone using several European-based numbers together with a few allotted for countries not part of the EU. Apart from that, the dealer can be contacted through email and a call back can be requested too. On the whole, its customer service is extremely reliable and is available to answer questions at all times.

PROS:
  • Extremely reliable due to heavy regulations
  • Offers three different trading platforms for traders to choose from
  • Fixed spreads for easier trading
  • Floating spreads offered for trading CFD and commodities
  • Start your account for just $100
  • Easy deposit and withdrawal procedure using Skrill, Maestro, Credit Card, Diner’s Club and bank transfer
CONS:
  • Does not accept U.S. based users
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Account Type


  • Minimum Account Size: $100
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Indices, Metals, Commodities, Stocks
  • Trading Platforms: MT4, Mirror Trade, Fx WebTrader, Mobile Trading
  • Margin Call Level: 20%

  • Minimum Account Size: $10000
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Indices, Metals, Commodities, Stocks
  • Trading Platforms: MT4, Mirror Trade, Fx WebTrader, Mobile Trading
  • Margin Call Level: 20%

  • Minimum Account Size: $25000
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Indices, Metals, Commodities, Stocks
  • Trading Platforms: MT4, Mirror Trade, Fx WebTrader, Mobile Trading
  • Margin Call Level: 20%

  • Minimum Account Size: $20000
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Indices, Metals, Commodities, Stocks
  • Trading Platforms: MT4, Mirror Trade, Fx WebTrader, Mobile Trading
  • Margin Call Level: 20%

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ForexYard Review Score


ForexYard Reviews and User Ratings
8.2 Total Score
5 reviews
Add your review
Web Design
8.4
Reliability
8.2
Platform
8.2
Customer Support
8.2
Withdrawal
8.2
Broker Name
ForexYard
Established
2006
Country
Cyprus
Min Deposit
$100
Max Leverage
1:200
Regulation
FCA, CySEC, BaFIN, MiFID, FSA, CONSOB, AFM, CNMV, FI, FSB
Email
support@forexyard.com
Telephone
+61-2-6145-2512
Fax
+357-220-078-45
Website Language
English, Chinese, French, Russian, Spanish, Arabic, German, Italian, Dutch, Portuguese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, WebMoney, CashU
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, WebMoney, CashU
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
ForexYard Reviews and User Ratings
8.2 Total Score
5 reviews
Add your review
Web Design
8.4
Reliability
8.2
Platform
8.2
Customer Support
8.2
Withdrawal
8.2

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5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    Michelle Kruiser
    May 22, 2016 at 4:30 pm
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    As a practicing Muslim I have found that many forms of Forex violate my religious beliefs. Fortunately Forexyard offers a product that will allow me to trade without violating my closely held beliefs this support is what makes me want to trade here.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Alonzo Klavan
    September 17, 2015 at 7:13 pm
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    The world of forex can be intimidating. Fortunately Forexyard give some in-depth guides to help a prospective client navigate the ins and outs. While I don’t need such information myself it is well worth the time of someone who wants to break in.

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    Crowley Man
    April 7, 2015 at 3:56 pm
    2.6
    Web Design
    60
    Reliability
    40
    Platform
    60
    Customer Support
    60
    Withdrawal
    40

    Everything about Forexyard makes it look like a legit site that will cater to commodities traders and Forex. But be warned it is based in Cyprus. A lot of hot money flows there precisely because opaque laws that make pursuit hard.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    Bill Whittle
    February 12, 2015 at 6:10 pm
    4.8
    Web Design
    90
    Reliability
    100
    Platform
    100
    Customer Support
    90
    Withdrawal
    100

    Forexyard offers a free trial account which can be good for new people to try out the mechanics before risking money and understanding the true risks. The site has an upfront warning and a longer explanation to tell you more.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Reply
    Andrew Fields
    May 24, 2014 at 3:44 pm
    3.2
    Web Design
    70
    Reliability
    70
    Platform
    50
    Customer Support
    60
    Withdrawal
    70

    Forexyard has a lot of literature and a lot of bells and whistles but really it’s just powered by meta trader 4. Now MT4 is a sold system and it has worked well for me in the past. But yeah nothing new on offer.

    Helpful(0) Unhelpful(0)You have already voted this

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