ForexYard Review 9/10
About ForexYard
To start this ForexYard review, lets take a look at what this market leader offer. To compliment their FX Trades, the company have recently expanded their service by offering trades on Oil, Gold and Silver. This is a growing market and history tells us that Gold increases in value as monetary value drops. A savvy trader could make huge profit with the right trades.
Advantages of this Trading Platform
Guaranteed Limited Risk - If your equity drops below what you can cover then the deal closes out so you are not left owing.
Training - ForexYard offer an excellent tutorial package allowing traders of all levels to learn and develop trading technique, this is totally free with ForexYard.
Security - Using the latest SSL encryption technology, you can trade safe in the knowledge that your personal details are protected by the latest anti-fraud techniques
Customer Service
ForexYard offer all their traders a dedicated, 24-hour Support Center. Here you can receive help on any technical issues with your account, plus up to date advice on the markets. Money FX has found the support extremely helpful and the staff all comes from a background in trading. When initiating the Forexyard review, the impressive customer service stood out immediately.
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Languages
ForexYard offer their trading platform in the following languages: Chinese, Turkish, Spanish, German, Arabic, English, French, Norwegian, Finnish & Swedish
Depositing
The minimum deposit at ForexYard is $100 and they accept the following methods: Credit Card (Visa/Mastercard), Maestro, Wire Transfer, Diner Card, Western Union.
Types of Account
ForexYard Super Mini
ForexYard have an excellent starter membership called the SuperMini Account. These accounts are 1/10th the size of an FX standard account meaning new FX Traders can start learning and earning, without a large initial outlay. You can pay with a Credit Card and because Forexyard use a Java programme there is no need to download software. This allows you to begin Trading on ForexYard within minutes.
ForexYard Standard Accounts
ForexYard Standard accounts are set up for the more experienced Trader. There is more variety on the spreads with the standard size being 10,000 base currency per trade. That’s 10 x more than the Super Mini. So your risk is higher.
As with the ForexYard Super mini Accounts there is a Guaranteed limited Risk so that positions are closed if your cannot fulfil the market position. As all traders know, the art of cutting your losses is more important than knowing when to run with profit!
VIP Services
ForexYard offer VIP services to what Money FX would describe as Trading Big Guns. They can offer consultation and will work to tailor a package that meets your Trading needs.
Summary
Completing the ForexYard review we have seen an online trading platform that offers variety in all aspects of the trade, and this is why Money FX is so keen on the site.
We believe that the Supermini account really makes trading easy for the FX new comer. On opening the account with ForexYard, we were impressed with the fact that we received money back for doing it. The process is very simple: Head over to ForexYard and begin by opening a demo account , this way you get a taste of the style used for trading. When you are familiar with the Platform, open a Supermini account and ForexYard will give you up to $300 back. Given the state of Stirling right now it’s a great option for us Brits!
Another important feature on ForexYard is the ability to trade in commodities. Gold is a growth market during a recession and Silver is likely to have a rally after dropping nearly 1/3 last year. Money FX has scored the platform 9/10. We believe that they have a great mix and it is important that the existing board continue to take them forward over the coming years.
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