Forex Broker Forexyard

The forex broker Forexyard is the perfect broker for either beginners or professional forex traders. The platform keeps the trader up to date and offers enough background information from the forex market. With the information provided the trader can decide within seconds if it is worth opening or closing a position. Next to 11 other languages this forex broker is available in English as well. As of now Forexyard can be used with the popular trading software MT4. This is due to the fact that forexard has been acquired by SafeCap Investments.

Forexyard Software

Forexyard provide their own trading software, which can be downloaded for free and runs under windows. If you don’t like to install other software on your computer you can go for the browser based solution as well and trade from any location in the world. If you are just on holiday (and as a successful forex trader you will be a lot on holiday) and want to close or open a risky position – not the worst solution to use the webtrader from an internet café. As of now Forexyard offers MT4-trading and is regulated by the FSA, BaFin and CySEC.

Demo account with Forexyard

Like eToro Forexyard offers a free demo account by means of which you can practice forex trading from scratch with virtual money. The demo account can be used for 30 days and within this period of time you should work hard on your forex career. Trading on a demo account is absolutely free of risk so you can’t lose your money you have worked hard for.

Real account with Forexyard

As soon as you know how the cat jumps you can switch to a real account and start making real money. First of all you should open a “super mini account” to gather your first trading experiences with real money. Minimum deposit is just $100. With your super mini account you have no trading restrictions and can even trade lots from 1000 units on. But the minimum deposit mustn’t exceed $1000. If you want to deposit more than $100, then open a “standard account”, here you have to deposit at least $1000 via credit card, PayPal or any payment method you like. Lot size on a standard account is always 10.000. If you are an institutional client you can open an institutional account. Minimum deposit on the institutional account is $50.000. Lotsize on your institutional account is 100.000 and leverage 1:30. If you are not sure which account would be the best for you ask the friendly forexyard support team.

Currency pairs with Forexyard

With Forexyard one can trade not less than 27 currency pairs. The spread is – compared to other forex brokers – quite tight and the minimum deposit is only $100. If you are already familiar with forex trading you can start trading exclusive minors. With a margin of just 0,5 per cent you can trade even 200 times your deposit.

Trading commodities

Next to currency trading Forexyard offers trading commodities like gold, silver, platinum and crude oil. Considering the current rising commodity prices, a quite lucrative opportunity for many commodity traders to make some additional money. There are just some little differences between trading forex and trading commodities: With most commodities you have to stick to certain market times, nominal values and units. Gold and other precious metals like platinum or silver are measured in ounces, oil in barrel. In order to trade commodities you don’t have to download a special software. Commodity trading is possible directly on the Forexyard platform. Trading precious metals is almost as easy as trading foreign exchange: If you think the gold price will rise, click on “buy gold” (long). If you think the gold price will fall, click on “sell gold” (short). The commodity currency is USD. In order to trade commodities you just have to open at least a super mini account.

Trading CFDs with Forexyard

You are looking for a broker to not only trade forex but also commodities and CFDs? Forexyard will be your choice. By means of a CFD (Contract for Difference) you can buy an index (such as DAX for example) if you think this index will rise. If you think the index will fall, you can sell it. You can open long and short positions on all possible commodities or indices, a well known system from the forex market. As with the forex market you can leverage your CFDs which means that you can trade 200 times your deposit. Thus you just have to deposit little money and trade a lot of indices. Limit your risk by setting a stop loss-order.

Stock indices

Forexyard offers now trading with stock indices like NASDAQ 100, Dow Jones or Nikkei – just a click away.

Forexyard and iPhone

Forexyard have developed their own iPhone trading app which can be downloaded as usual from the iPhone App store. With this App you can trade commodities, forex and more on the road. If you are not the proud possessor of an iPhone: Blackberry and Nokia have their own Forexyard Applications available.

Forexyard at a glance


MT4-Broker
Regulation	FSA, BaFin, CySEC
Min. deposit	100 $
Leverage	1:200
Margin	0,5%
Spread EUR/USD	3 pips
Commodities	Gold, Silver, Oil
Currency Pairs	27
min. Lot	1.000
Webtrader	(Commodities only)
Software	Yes, own software
Demo account	Yes