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Forex Yard Review

Forex Yard is a pretty new forex brokerage company aiming to provide high quality services to its customers. Established in 2006, Forex Yard has grown rapidely into one of the most famous and trusted online forex brokers.

Head office: Nicosia, Cyprus

Minimum deposit: 100 USD

Leverage: 1:100

Spread EUR/USD: 3 pips

Payment methods: Credit Card, Wire Transfer

Website: www.forexyard.com

Forex Yard is a great place to start your career as a Forex trader. They have a ton of great offers and features, and are great for both beginner and expert traders. The minimum deposit is $100; and the pip spread goes as low as 4-5. Their deposit options are pretty standard and users can use their credit card or can go online and set up a Paypal account. All investors receive a guaranteed fixed spread, which makes all deals very safe. Forex Yard has user friendly trading software and provides good leverage, low pip spreads, and a special loss protection feature. This means that if you happen to lose some of your funds and your account falls to a minimum, then all your investments and trades will close automatically. This makes sure that traders will never lose more money then they have in their account. Any losses will incur with the balance that you have and can afford to lose.

Because Forex can be a difficult trade to understand they do offer a free practice account for beginners; in order for users to hone their skills and develop their craft, so they can be successful at currency trading.

Their most famous feature they offer for traders are for those who choose the Pro Account. Any veteran trader is going to want sign up for a Pro Account. The Pro Account requires a $1000 minimum deposit. It is fixed spread guarantee and it is well known that in the trading world that broker’s claim to offer anywhere from 3-5 pips, but when there is strong market activity they increase them up to 10 pips. This is great except for the fact achieving massive profits are next to impossible. It is tough to know where you are because you have no idea what the broker will do next. Forex Yard fixes this by making sure that their pips are between 3-5 and they also have guaranteed executable prices. They promise to give you the rate you see on the screen, and there will be no unwelcome surprises after you make a trade. This makes trading both safe and secure.

Forex Yard is one of the top rated Forex sites on the internet and is strongly recommended for new investors. They offer support 24 hours a day and want to ensure their clients have all the support they need to be successful. It’s important for new traders to start off slow and get used to making decisions based off what they see on the market. There is no money to be made on the demo account and be sure to have a full understanding of Forex and all the basic terminology before you take your skills to the next level and begin participating with a Pro Account. The Pro Account is one of the best deals you will be able to find on any site and hopefully your trading experience will transfer into dollars for your bank account. Many traders want to hit the “Big One” but especially in trading the tortoise is the one who wins the race.

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