Forexyard Review

Written on 28 December 2009 by Rod

From a first look to the website, you will notice that ForexYard is a platform mainly addressed to a professional public that already knows how to move in the Forex.

The website is well structured, easy to navigate in and intuitive. Its strength is without a doubt the possibility to view news, graphs and useful information on the homepage.

ForexYard offers the possibility to open a demo account to work in the Forex market with real-time quotations. However, no further information is given until a specific form is filled in

ForexYard offers two possibilities for the users that want to seriously operate in the Forex market: a Supermini and a Standard account. With the Supermini account you can begin to operate with a initial toll of $100 and with no need of downloading any software on your PC. This option is without a doubt the best option for whoever moves its first steps in the Forex market for does not limit the gain but contains a possible loss. It is recommended for the users that have accounts whose total amount is less than $1.000.

ForexYard offers the following advantages for the users that choose to open a real account:

• Possibility to finance money through credit card thus allowing you to operate immediately;
• Fixed market spread;
• Possibility to operate with currencies, gasoline, gold and silver;
• No slippage, which the difference between the execution price and the price quoted.
• No chance of having a negative outcome because every position automatically shuts down before this happens.

This is a really complete trading platform e nothing necessary is missing. The homepage is dedicated to graphs and it is possible to quickly open positions and to set Entry limit and Stop order. You can also choose to install the platform on your PC or use the Java one directly from the website..

The user support service is really professional and can be contacted through email, live chat or through a call service. 

Ultimately, this is a platform addressed to users that already know their way in the Forex but still helps new users to start their way into the market through demo accounts and mini accounts although nowadays these service are not considered exclusive but standard.