Forexyard Broker Review
Forexyard has an unbeatable 24/7 customer service support which is available by telephone, live chat or email, email support is often received within 24 hours which is pretty quick compared to some customer supports. The option to use a downloadable or a web-based platform is another great plus to Forexyard. This means that you can either deal online or use it on your own system. Another big bonus is that they allow you to trade in Gold and Crude Oil on their system. These are options that many traders are looking for but not available on most trading platforms. You can also receive daily Forex update emails from Forexyard.
You can open a live account at Forex yard with as little as $100. You can open either a super mini account (for accounts smaller than $1000) or standard account. You are only permitted to trade commodities (Silver/Gold/Oil) with a standard account. The super mini account is a great way to get started for a trader with little or no experience in the Forex market. This means you can put the minimum amount of risk on but still get the feel and practice of trading a live account. Also, with standard size accounts there are no fees associated, but with the mini trade account there is a $25 fee for all withdrawals. Withdrawals require a form to be filled out and faxed along with proof of account holder and address.
Forex traders can use Visa, MasterCard or Diners Club credit cards to fund their Forexyard live trading account. Bank wire transfer and Moneybookers money transfer is also supported by FOREXYARD platform
Forexyard boasts that they never freeze their spread prices. This is common with other Forex brokers when price spikes occur. A trader’s worst nightmare is getting frozen out and unable to exit when a sudden price move, either in your favour or otherwise, takes place.
Overall we find Forexyard to be one of the best Forex trading platforms at the moment. Why not open a demo account and see for yourself.