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ForexYard Review

June 18, 2013 by Forex Market

FOREXYARD forex broker can be explained as a Forex broker invented in 2004. It was acquired by a company named as Safe cap Investments Ltd in 2011. This Forex broker has headquarters in Nicosa, Cyprus.



Trading Platform: FOREXYARD provides many trading platforms that include MetaTrader platform 4 in two versions named as web based version and downloadable version. They do not provide any feedback to the MetaTrader 4. Trading with the platform of FOREXYARD is perfect for intraday and swing trading. They provide the general order like trailing stops. The thing that we found quite interesting was FOREXYARD consists of both virtual tours and guided tours, but this thing is not mentioned in the site. As we were reviewing FOREXYARD, we mainly focused on the Forex Trader, but we also looked at the MT4 alternative. Although we did not view the MT4 trader daily, we found this trading stage to be more pleasing compared to the other downloadable versions due to its light design. The MT4 trader performs in synchronization with Adobe Player and provides the similar trading functions and platform customization as offered by the downloadable edition.
Features based on ForexYard Review :


Features:
The FOREXYARD platform offers several features like customizable platforms, charting tools and three various types of auto trading, named as API trading, trading through the Forex Strategy and Algorithmic trading. Traders can take the benefits of the mobile trading service offered by FOREXYARD which is easily accessible.

Customer Service:
The consumer service of FOREXYARD is accessible for 24 hours. One can contact the company through email, telephone or by chatting. While we were testing the company, the chat team responded to all the questions immediately and we also got an email within 13 minutes. We were pleased to see that the team helped us in a short time period. The email send by them had all the answers. We found customer support team of FOREXYARD to be really helpful and fast.

Simple to Use: the website of FOREXYARD can be easily understood. This company accepts credit cards and wire transfer for the purpose of depositing money in the live accounts. Credit card deposits start trading immediately whereas the wire transfers take nearly 3 days for processing. They also provide a trading course free of cost which gives basic information about Forex market. The brokerage provides either a small account or an average account which needs a deposit of $1000. The super small account is perfect for a trader who has just entered the world of trading. One can deposit money in several trustworthy banks like Barclays, Bank of Dubai and RBS UK.

Lastly, it is vital to note that FOREXYARD also provides institutional trading for those traders who wish to deposit nearly $60,000 or more. These traders can join an account which provides ECN trading.

Final Thoughts: FOREXYARD is regarded as a reputable Forex broker who provides fair trading situations and is really easy to use. Current regulation worked in a proper manner to raise the confidence level of the brand. We appreciated the stable trading platforms and customer support.

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