Why choose FOREXYARD?
Since formation, FOREXYARD has utilized the experience of professional forex traders, as well as internet and financial sector specialists in order to successfully establish itself as one of the premier online brokerages operating in today’s market. FOREXYARD offer a secure, dynamic trading platform which provides superior order execution, advanced reporting and analytical tools, yet remains intuitive and user-friendly.
FOREXYARD caters to a wide range of traders from around the world, placing equal importance on first time traders as we do on experienced professionals. We firmly believe in the value of building a relationship with each and every client, in order to better understand their needs. FOREXYARD has made every effort to ensure that all account activities not directly related to trading, such as deposits and withdrawals, are carried out with the greatest of ease and transparency, allowing you to get on with the task in hand: trading successfully!
FOREXYARD recognizes the inherent value of up-to-date and relevant information; they employ experienced analysts to provide you with accurate research and analysis, updated on a daily basis. Their analysis reports, which you will receive via e-mail every morning on market days, are featured on a number of influential websites and forums, including the International Business Times, ForexStreet and ForexTv.
When trading online with FOREXYARD, you will receive the following:
- Instant Deposit with Credit Card
- Start Trading in Minutes
- Fixed Spreads in All Markets, All the Time
- Continuous Quoting, with No Price Freezes
- Executable Quotes – Click on Any Bid or Offer
- No Slippage on Market, Limit, and Stop Orders*
- Negative Balance Protection – No Debits
- Unparalleled 24-hour Trader Support
- Establish A Trading Account with as Little as $100
- No Software Download Needed
Instant Forex Deposit with Credit Card
FOREXYARD allows you to fund your account with your credit card, so you can start trading immediately.
Start Trading in Minutes
With FOREXYARD you can open an account and start trading in minutes. By choosing their JAVA based trading platform you will not have to download any software and you can choose to fund your account via your credit card (depositing the margin required for the trading).
Guaranteed Fixed Spreads
FOREXYARD offer clients a fixed dealing spread of 3 pips on EUR/USD and 3-5 pips on other major currency pairs. They don’t widen spreads under any market conditions — including during major economic news releases. Other brokers claim to offer 3 pip spreads yet routinely widen the spreads up to 10 pips or more during fast moving markets or thinly traded markets, such as the Asian trading session.
Continuous Quoting Guaranteed
FOREXYARD continuously post bids and offers at all times, regardless of market conditions, giving you a fair chance to trade during important news events. Many other brokers don’t allow you to trade on big market making news — they freeze their prices or widen their spreads when the market is volatile..
Guaranteed Executable Prices
Tight spreads are meaningless if you can’t get filled at your price. This is a very subtle but critical point. The FX bid/ask prices you will see at FOREXYARD aren’t simply vague indications of where the market is trading that mysteriously vanish when you place an order. Rather, these are executable quotes — just click the current bid or offer, and the trade is immediately yours at that price. Other brokers honor their prices only when the trader is wrong, and almost never when prices are moving in your favor.
No Slippage Guaranteed*
When you trade currencies through FOREXYARD, your market orders are typically filled instantly, with no partial fills, and no discrepancy between the quoted price and the execution price. Stop orders are ordinarily executed without slippage, too. Many traders accept slippage as one of the realities of forex trading. It doesn’t have to be this way! Just a few pips now and then will add up quickly and eat into your trading profits.
No Debits Guaranteed
You’ll never have to face a debit balance when you trade FX with FOREXYARD. If your equity falls below your margin requirement, their FX Trading Station will automatically close out your positions — think of this as a final stop order, always working for your protection! The FOREXYARDmargin policy eliminates concerns about debit balances by guaranteeing that your risk is limited to the funds you have deposited in your account.
Unparalleled 24-hour Trader Support
The services offered by FOREXYARD include a dedicated, 24-hour Trader Support Center, where you can receive technical help and market advice throughout the trading week (Mon-Fri). You will always be able to reach an experienced support person with a background in trading. Most brokers claim to provide 24-hour support, but actually only run a skeleton crew that is unable to resolve major problems outside regular business hours.
Superior Educational Materials
FOREXYARD firmly believe in the benefits of education as a means to improving trading ability, and so through this site we offer clients a wide variety of trading courses.
Account Differences
FOREXYARD provides their clients with the option to pick from several live trading account types. After using the Demo to get acquainted with the platform, you can choose from the following accounts to suit your trading needs, each with its own unique attributes and advantages.
| SuperMini | Standard* | Institutional | FSA | |
|---|---|---|---|---|
| FUNDING | ||||
| Minimum Initial Deposit | $100 | $1,000 | $50,000 | $2000 |
| Fees | Yes | No | No | No |
| Commission | No | No | $4/lot | No |
| Maximum Deposit (Credit Card) | $1,000 | Unlimited | N/A | Unlimited |
| Maximum Deposit (Wire) | $1,000 | Unlimited | Unlimited | Unlimited |
| TRADING | ||||
| Lot Size | 1,000 | 10,000 | 100,000 | 10,000 |
| Leverage | 200:1 | 200:1 | 30:1 | 200:1 |
| Forex | YES | YES | YES | YES |
| Gold Trading | NO | YES | NO | NO |
| Oil Trading | NO | YES | NO | NO |
| Silver Trading | NO | YES | NO | NO |
| Details | Details… | Details… | Details… | Details… |
| Open Now |
SuperMini Dealing Details
Dealing Hours
The dealing desk is open 24-hours a day from Sunday 5:00 PM New York time until Friday 2:00 PM New York time. Quotations, order placement, and confirmation are available online.
Dealing Spreads
| Currency Pair | Spread | Currency Pair | Spread | |
|---|---|---|---|---|
| EUR/USD | 3 pips | EUR/CAD | 10 pips | |
| USD/JPY | 4 pips | EUR/CHF | 7 pips | |
| USD/CHF | 4 pips | EUR/AUD | 15 pips | |
| USD/CAD | 4 pips | GBP/JPY | 6 pips | |
| GBP/USD | 4 pips | GBP/CHF | 8 pips | |
| EUR/JPY | 4 pips | CAD/JPY | 8 pips | |
| AUD/USD | 4 pips | CHF/JPY | 8 pips | |
| NZD/USD | 4 pips | AUD/CAD | 10 pips | |
| EUR/GBP | 4 pips | AUD/JPY | 8 pips | |
| NZD/JPY | 8 pips | AUD/NZD | 13 pips | |
| USD/TRY | 30 pips |
FOREXYARD Maintains fixed spreads during normal market conditions.
Broker Features
| Website address: | www.forexyard.com |
| Leverage: | 1:200 |
| Commissions: | None |
| Spreads: | From 3 pips |
| Account Min size: | US $100 |
| Demo account: | Open a Free demo account |
| Languages: | English; German; Arabic; Russian; Chinese; Spanish; French; Italian; Japanese. |
| Platform: | FOREXYARD WinTrader and JAVA internet no download app |
| Registered location: | Nicosia, Cyprus |