Forexyard is another sturdy forex broker that has been active for a few years. They are known to advertise significantly and as a result, their customer base has been increasing. Forexyard is a broker that puts great prominence on customer service above everything else. Forexyard is a niche player by their own acknowledgment, alluring to customers that require outstanding client service.
As such, they might not have the lowest spreads or the widest currency pair varieties. Their free online tools however, are rather extensive. Forexyard has always been pushing the envelope with regards to forex trading education and these tools combined with their free online seminars reflect this.
Clients can pick from three trading software. They offer metatrader 4, their own FX Trading platform and finally a web based platform. Most online forex brokers offer two choices at most. With Forexyard, customers can either trade directly form the web or download their platform of choice.
The smallest account available is the supermini. $100 is the minimum requirement for a supermini account. Automated trading accounts are also offered by this broker. Customers can choose from up to three main types of automated accounts.
The main type offered is caleld the Forex Strategy Automater In this case, there are 10 preset strategies designed by Forexyard for the customer to choose from. Once the strategy has been chose, trading is done automatically. Algorithmic trading is the second type of automated account. With algorithmic trading, the client must develop his or her own strategy for the platform to use.
The third account is based on something called API trading. This is offered primarily for customers that have a deep understanding of programmable forex systems. A system must be programmed to be used with Forexyard. API trading can be used to test various systems for personal use or for other companies.
Forexyard has also ventured into commodities. They offer spot trading on Gold, Silver and crude oil. Commissions are not charged on trades. Clients pay only the spread.
Full live twenty four hour support is offered with staff waiting to answer all your questions. They have a free forex demo account for interested parties. Overall, Forexyard does not have the largest leverage offered or the lowest spreads on the market. Customer service is their strong point though. Which is something most customers can appreciate.
As such, they might not have the lowest spreads or the widest currency pair varieties. Their free online tools however, are rather extensive. Forexyard has always been pushing the envelope with regards to forex trading education and these tools combined with their free online seminars reflect this.
Clients can pick from three trading software. They offer metatrader 4, their own FX Trading platform and finally a web based platform. Most online forex brokers offer two choices at most. With Forexyard, customers can either trade directly form the web or download their platform of choice.
The smallest account available is the supermini. $100 is the minimum requirement for a supermini account. Automated trading accounts are also offered by this broker. Customers can choose from up to three main types of automated accounts.
The main type offered is caleld the Forex Strategy Automater In this case, there are 10 preset strategies designed by Forexyard for the customer to choose from. Once the strategy has been chose, trading is done automatically. Algorithmic trading is the second type of automated account. With algorithmic trading, the client must develop his or her own strategy for the platform to use.
The third account is based on something called API trading. This is offered primarily for customers that have a deep understanding of programmable forex systems. A system must be programmed to be used with Forexyard. API trading can be used to test various systems for personal use or for other companies.
Forexyard has also ventured into commodities. They offer spot trading on Gold, Silver and crude oil. Commissions are not charged on trades. Clients pay only the spread.
Full live twenty four hour support is offered with staff waiting to answer all your questions. They have a free forex demo account for interested parties. Overall, Forexyard does not have the largest leverage offered or the lowest spreads on the market. Customer service is their strong point though. Which is something most customers can appreciate.
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