WARNING: SafeCap Investments has finalized the acquisition of ForexYard broker and made an official statement early this month. Broker doesn't accept any new traders and all the existing traders will be transfered to Markets.com.
ForexYard was established in 2004 and offers secure, dynamic trading platform which provides superior order execution, advanced reporting and analytical tools, yet remains intuitive and user-friendly.
During March 2011 Forexyard was acquired by and became a trading name of Safecap Investments Limited. The broker is licensed and regulated under the Markets in Financial Instruments Directive (MiFID).
FOREXYARD is suitable for both first time traders and experienced professionals. Their website is supported in English, Danish, German, Spanish, French, Italian, Russian, Chinese, Finish, Arabic and Swedish.
FOREXYARD offers daily accurate research and analysis provided by experienced analysts. Reports can be received via email every morning on market days or viewed on the broker site.
Account funding and profit withdrawals can be processed via credit card, so you can start trading immediately.
Fixed dealing spread are 3 pips on EUR/USD and 3-5 pips on other major currency pairs. Leverage options are up to 200:1. FOREXYARD offers traders a full suite of platforms and products including:
Demo account is available for beginners to get to know the trading techniques. Real account are divided into two categories – Super Mini account with minimum deposit of $100 and Standard account which allows trading deals up to $5,000,000.
A unique feature of forexyard is that you can choose a number of ways to AUTOMATE your trading experience. The broker provides non-programming, simple and effective way to place your account on CRUISE CONTROL. Simply check the available strategies, choose open that suits your risk appetite, and turn it on!
ForexYard provides great eager-to-help representatives to even walk you through your demo account. Their support truly knows how to solve the technical issues, but that is not all. ForexYand gives a great support for beginners who want to learn about FOREX market. Their support is given via email, phone and even face to face!
As for promotions, ForexYard offers you an opportunity to double your investments. All you have to do is open an account and make a deposit and you get 100% Welcome Bonus up to $300.
You'll never have to face a debit balance when you trade FX with ForexYard. If your equity falls below your margin requirement, our FX Trading Station will automatically close out your positions -- think of this as a final stop order, always working for your protection! This margin policy eliminates concerns about debit balances by guaranteeing that your risk is limited to the funds you have deposited in your account.
During our forexyard review, we have found the following key features of the broker: