Review of Forex Yard
This particular broker is Cyprus located and regulated by CySec. Five choices of trading accounts are available here including FX-Automate, Institutional, Mini, Standard and Demo. The amount of deposit for each one of these accounts starts at $100 and goes to $50,000. This represents the mini and the Institutional. FX-Automate have a deposit of $2,000 and a Standard account deposit of $1,000. Lot sizes range from 1,000 all the way up to 100,000 for the Institutional account. Leverage sizes will also vary according to account. 200:1 figures into Mini, Standard and FX Automate. However leverage for institution will be 30:1. Only a standard account will have options such as oil, gold and silver trading.
Putting funds in your trading account is an easy matter. Options include Moneybookers, bank transfers, MasterCard, Visa, Maestro and Diners Club. MetaTrader 4 is the trading platform of choice when it comes to ForexYard. Training and education are much in focus here as judged by the many options such as Forex tutorial, glossary, Forex vs. Equities, virtual and live tours, blogs, technical analysis, and chart manuals are all included with this brokerage firms training for traders.
Tools presented by this firm include, Forex Calendar, videos, advice and news daily not only on the Forex market but also the Yen, Dollar and Euro. Also included are market hours, and videos as well as news about commodities. Charting and The Analyzer gives you much to think about and see with. The Analyzer gives off free trading signals to those that are a part of this brokerage firm. Connecting with customer support is easy. Call back, email, phone, live chat and other options can help you keep in touch with Customer Service for any type of problems.
12 local numbers can be used to access customer support. However, at this time American Traders cannot use this service due to restrictions and regulations. Social network is also another place to keep in touch with ForexYard. FaceBook, Twitter, You Tube, and Linked In happen to be contact points of choice for this particular brokerage firm. Hours of trading are Sunday from 5 PM until Friday 4 PM. Traders have 24 hour a day trading during these times. ForexYard is regulated by 8 different authorities such as CONSOB, FSA, FSA Denmark, Banque De France, AFM, BaFin, IF and CNMV. So this is a brokerage firm that you can trust with your trading in the Forex market. Do you think that any will fit into your plans?