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Trade Forex Presents: A Comprehensive Review of Yadix Forex Broker
Introduction:
Yadix, a Forex broker founded in 2010 and based in Seychelles, has been making waves in the trading world. In this review, we will delve deep into the various aspects of Yadix to help you make an informed decision when choosing your trading partner.
Regulation:
Yadix is an offshore Forex and CFD broker regulated by the Seychelles Financial Services Authority (SFSA). With over a decade of experience, the broker has established a track record in the industry. It’s important to note that Yadix accepts clients from around the world, except for the USA and a few restricted regions.
Security and Fund Protection:
Yadix takes security seriously. All customer funds are held in special segregated accounts in AA-rated banks, ensuring the safety of your investments. This separation of funds provides an extra layer of protection, giving traders peace of mind.
Leverage:
One of the key attractions for traders is the flexibility in leverage offered by Yadix. Leverage can be set anywhere from 1:1 to an impressive 1:500, allowing traders to choose their risk levels according to their strategies.
Trading Instruments:
Yadix offers a range of trading instruments, including currency pairs, stock indices, metals, and energy carriers. However, it’s worth noting that their selection is somewhat limited compared to other brokers. If you’re interested in individual stocks, bonds, or cryptocurrencies, you might need to explore other options.
Trading Platforms:
Yadix exclusively offers the MetaTrader 4 (MT4) platform. While MT4 is a robust and popular choice among traders, some might prefer having multiple platform options for added flexibility.
Account Types:
Yadix caters to different trading styles with four distinct account types:
- Classic: A standard account with no commissions, an average spread of 1 point, and a minimum deposit of $100.
- Rebate: This account offers a spread rebate of up to $15 per lot, a spread of 1 point, and a minimum deposit of $250.
- Scalper: Tailored for scalpers, this account boasts narrow spreads starting from 0 points, with a commission of $3.5 per lot on each side, and a minimum deposit of $500.
- Pro: For advanced traders, the Pro account provides narrow spreads from 0 points, a commission of $2.5 per lot on each side, a free VPS, and a minimum deposit of $5,000.
Additionally, Yadix offers social trading, allowing traders to copy the transactions of other participants for a fee.
Minimum Deposit and Bonuses:
You can fund your Yadix trading account with ease using various methods, including electronic wallets like Skrill, Neteller, Qiwi, Perfect Money, and credit/debit cards, bank transfers, and AliPay. The minimum deposit requirement is $100. Yadix offers enticing bonuses, including a 100% welcome bonus for the first deposit, 50% bonuses for the next five deposits, contests with prizes, free VPS, and a spread rebate.
Conclusion:
Yadix is an appealing choice for traders seeking an offshore Forex broker with high leverage, especially when compared to brokers in the EU. However, it falls short when it comes to offering a wider range of trading instruments like individual stocks and cryptocurrencies.
Before making a decision, we recommend reading reviews of Yadix and checking our Forex broker rating for further insights.
General Information of Yadix
- Broker Name: Yadix
- Year of Foundation: 2010
- Headquarters: Seychelles
- Regulation: SFSA
- Trading Platforms: MT4
- EURUSD Spread: 1 pip
- Demo Account: Available
- Minimum Deposit: $100
- Base Currencies: USD, EUR
- Maximum Leverage: 1:500
- Assets: Currency pairs, indices, metals
- Deposit Replenishment: BankTransfer, Visa/MasterCard, Skrill, Neteller, Qiwi, Perfect Money, FasaPay
- Withdrawal Fee: None
- Payment for Inaction: None
- Islamic Accounts: Available
- Segregated Accounts: Yes
- PAMM Accounts: Not offered
- Partner Account: Available
- Scalping: Permitted
- Automatic Trading: Supported
- Mobile Trading: Yes
- Web Terminal: Yes
- Social Trading: Yes
- Signals: Yes
- VPS: Yes
- Deposit Bonuses: Yes
- Contests: Yes
- Customer Support: Available 24/5
In the world of Forex trading, Yadix is undoubtedly a contender worth considering. So, weigh your options, assess your trading needs, and may your trades be ever in your favor! Happy trading, fellow traders!
