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Overview

FOREXYARD is known in many European countries as a stable broker providing favorable trading conditions on global financial markets, including the foreign exchange market. Such popular online newspapers as ForexStreet, International Business Times and ForexTv have repeatedly praised the fresh news and analytical reviews.

Currently FOREXYARD is owned by the investment company Safecap Investments Limited and it invites all users to pass free training on the basis of numerous materials published on the website of the broker. FOREXYARD welcomes new customers with attractive Forex bonuses, reaching 500 dollars, and it also gives users the opportunity to become the owners of the stylish iPad.

A unique VIP-program is created for professional traders and such services as FOREXYARD Squawk and Autochartist, as well as analytical data from financial experts, are provided to be aware of all the news of the foreign exchange market. Besides, Autochartist gives promising options for market entry, based on the opinion of many analysts.

Customers, who choose to use automated currency pairs trading, can use Mirror Trader and open a trading account FX-Automate.

Bonuses

FOREXYARD periodically offers new customers the first deposit Forex bonus that reaches $500. Every new customer can receive the bonus. He just needs to fund the personal account in the amount he considers suitable for beginning of trade on the Forex market. And then the staff of the broker will indicate the exact amount of the Forex bonus and the conditions of its receipt, i.e. the required trade turnover on the market that is necessary to make funds available for withdrawal from the personal account. It is necessary usually to close trading transitions in the amount of $10,000 for each bonus dollar

FOREXYARD encourages also its customer with a Forex bonus for telling about it and recommending it to their friends, acquaintances and others. Traders, who decide to get a Forex bonus for inviting new people, should tell actively about FOREXYARD and its advantages and those who decide to become customers of the broker and open accounts, will bring traders the bonus of $100. The Forex bonus will be paid out as soon as attracted people sign up on the website of the broker and replenish their deposits.

The broker holds periodically the promotion iPad as a Gift and it applies to all new customers. New customers have to credit the deposit and start trading on the Forex market to win an iPad or get into the personal account an equivalent sum in the amount of $500. As soon as they commit a trade turnover of five million dollars, they will be awarded with valuable prizes or $500 will be transferred to their accounts.

In addition, there is an interesting offer for professional traders, consisting in participation in the VIP-program FOREXYARD. Users should contact the broker's employees to sign up for the VIP-program, who will tell about the conditions of participation in it and what VIP-set and privileges are prepared for new customers.

Training

FOREXYARD enables its customers to study the Forex market and how to trade on it with the help of numerous educational materials, published on its website.

Learning materials about the Forex market:

Advantages of the foreign exchange market:

- market liquidity

- spread and commissions

- trading transitions.

Study the Forex market:

- who trades on the foreign exchange market

- currency pairs, currency quotes

- buying and selling currency pairs

- what are leverage and margin

- how to extend positions

- how to start trading on the foreign exchange market

- glossary.

Technical Analysis from simple to complex:

- what is trend

- what trends exist

- trends and their classification

- everything about trend lines

- how to analyze a market trend

- how to draw trend lines

- trend lines (the first group)

- trend lines (the second group)

- trend lines (the third group)

- how to determine the levels of base prices

- how to determine the levels of price resistance

- 33% and 66% correction

- 50% correction.

Charts (the complete guide):

- creation of a new chart

- chart opening in a new dialog

- chart increased and decreasing

- selection of Forex indicators

- how to use crosshairs

- how to create a trend line

- horizontal and vertical lines

- Fibonacci correction

- creation of a parallel line

- viewing line captions

- deletion of a line or all lines

- chart settings

- line and bar charts, Japanese candlesticks.

Instructions for using the trading terminal (in English):

- how to download a terminal

- how to install a terminal

- how to start operation on a terminal.

Glossary:

- terminology of the foreign exchange market

- phrases, used by traders.

Video tutorials:

- how to create conditional orders

- how to open dialogs with tabs

- how to use a toolbar

- how to work with charts

- how to open and close positions

- market entry orders.

Customers of the broker can open a demo account, which will help to try trading on the Forex market without risking own money, but using a virtual currency. The auction is held on the real exchange quotes.

Terms of trading

Broker FOREXYARD offers the following trading conditions for traders:

- the foreign currency account (the base currencies are Euro, dollar and pound)

- no minimum deposit

- the leverage is 1:200

- a large number of currency pairs, securities, gold, silver

- spread is fixed from 2 points

- the minimum position is 0.01

- standard lot size is 100,000

MetaTrader 4

- multi-language support

- Instant/Market order execution

- a wide range of Forex indicators

- possibility to add new indicators

- automated trading via Expert Advisors using Forex advisors

- currency quotes export via DDE

- charts printing.

Mirror Trader

- multi-language support

- platform for automated trading on the foreign exchange market.

FOREXYARD enables its customers to select a trading account that meets their needs and capacities.

Trading account Standart:

- the minimum deposit is $100

- fixed spread is 2.2 points

- the leverage is 1:200 (CFD - 1:20, indices - 1:50, metals - 1:100)

- the minimum lot is 0.01

- no commission

- automated trading is available.

Trading account VIP:

- the minimum deposit is $10,000

- fixed spread is 2 points

- the leverage is 1:200 (CFD - 1:20, indices - 1:50, metals - 1:100)

- the minimum lot is 0.01

- no commission

- automated trading is available.

Trading account Manager:

- the minimum deposit is $20,000

- spread is 2.2 points

- the leverage is 1:200 (CFD - 1:20, indices - 1:50, metals - 1:100)

- the minimum lot is 0.01

- no commission

- automated trading is available.

Trading account PRO:

- the minimum deposit is $25,000

- floating spread is 1.2 points

- the leverage is 1:200 (CFD - 1:20, indices - 1:50, metals - 1:100)

- the minimum lot is 0.01

- commission is present

- automated trading is available.

Trading account FX-Automate:

- automated trading on the foreign exchange market.

Forex indicators (recommended)

- Zero Cross Alert

- VininI LRMA color

- Fibonacci Patterns

- Chart Patterns

- Flat trend.

Forex expert advisors (recommended)

- mrMartinGale (an automatic Forex advisor, based on the popular Martingale method, which gives it the ability to make a good profit while currency pairs trading)

- Megadroid (an automatic Forex advisor, distinguished itself to be very effective while trading on the Forex market on a currency pair EUR/USD)

- RelativeR2 (an automatic Forex advisor, based on the indicator Stochastic, which allows trading profitably on the foreign exchange market, but in case of the proper setup, made by the trader).

Investments

FOREXYARD does not offer its customers the possibility of investing funds in the PAMM-accounts, which are used by professional managers, making a profit while trading on the foreign exchange market and taking a certain interest for that. The rest of the profit is transferred to the investor or investors, who have invested their funds.

Unique features

FOREXYARD enables its customers to use the streaming service FOREXYARD Squawk, which provides the latest news in the world of finance and on the Forex market, as well as in-depth and comprehensive analysis on the major currency pairs from professional analysts.

In addition, customers can take advantage of a free subscription to Autochartist, which monitors 24 hours a day all financial instruments and provides subscribers with promising decisions on market entry or exit.

The broker has prepared an affiliate program that has several directions for customers, who want to earn on the foreign exchange market without any risk. Customers need to contact the FOREXYARD by email [email protected] to determine the right direction and an amount of cash.

Add/withdraw funds

FOREXYARD provides the following methods of deposit and withdrawal of funds: VISA, MasterCard, moneybookers, Liberty Reserve and bank transfers.

Contacts

FOREXYARD supports its customers by e-mail [email protected], by international phones + 357-220-078-45 and + 44-203-150-16-89 via Skype Forexyard-ru, as well as via online chat.

Cons and pros

+ the dynamically developing broker

+ the minimum deposit is $100

+ small spread

+ Forex bonus

+ a lot of learning materials

- no contests

- small amounts of deposit and withdrawal of funds.

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