FXYard Review

Forex Yard Review

Introduction

The goal of Forex Yard is to bring advanced trading techniques and platforms to a global community of investors online.  They have achieved a great deal of success in their mission by developing a robust backend and easy to learn online tools that make trading intuitive for new or experienced traders.  Forex Yard offers a variety of accounts for all types of budgets that can be opened for as little as $100.  The all in one package that Forex Yard makes available to site members is the perfect prescription for realizing success as an online day trader.

Trading Platforms

The software that members of Forex Yard use to buy and sell foreign currency is modern and fully customizable.  The software provides live streaming market data right to your desktop, so you’re able to see all market movements and developments.  In addition to a downloadable trading station you can access java based software with the same features directly from the Forex Yard website.  A full demo of the trading platform can be used with a practice account to test the waters before making a real money deposit.

Trading Products

Forex Yard offers over two dozen major currency pairs at a variety of fixed spreads.  For members who choose to open a standard account with a minimum deposit of $1,000 there is also an option to trade commodities such as oil, silver, and gold.  You can track all the daily news on each currency pair and the commodities available on Forex Yard via special news feeds streamed to the Forex Yard website.  An automatic feature closes out your positions if your equity falls below your margin requirements, so traders at Forex Yard never have to deal with a debit balance.

Extra Features

A wide range of educational resources are available though Forex Yard’s education center.  The Forex Blog provides daily updates from house analysts, and manuals on how to read charts and perform technical analysis are also available.  A comprehensive glossary defines the technical terms used in the world of Forex in an easy to understand format.

Customer Support & Regulatory Background

An account representative from Forex Yard can be contacted 24 hours a day Monday – Friday via live chat, phone, or email.  They keep a fully staffed call center operating even in the middle of the night in order to provide excellent customer service no matter what time of day it is.  Forex Yard’s user agreement and trading policy is governed by the laws of the British Virgin Islands, but does not accept investors from the US, UK, or Cyprus.