Forex Yard Review

Forex Yard is another competitive broker on the scene which offer an easy-to-use forex trading software and have a pretty low minimum account size requirement, while providing you with good leverage, low pip spreads, excellent customer support, easy-to-use software and loss protection features. Traders also get access to Java-based forex trading platform that allows them to trade forex without any software installation.

Offering mini-accounts with just a $100 deposit, a free practice account, and a top class Pro Account Forex Yard have set themselves as one of the leading Forex platforms on the net. One of the things we really like about Forex Yard is the fact they not only accept credit card deposits but also allow you to pay via PayPal for ultimate convenience.

You also get guaranteed fixed spreads and guaranteed executable prices of 3 pips on EUR/USD and 3-5 pips on other major currency pairs and they will not widen spreads under any market conditions -- including during major economic news releases. Other brokers claim to offer 3 pip spreads yet routinely widen the spreads up to 10 pips or more during fast moving markets or thinly traded markets, such as the Asian trading session.

Honestly, I must say I was impressed by their trading platform. They offer great 24/7 support and the software is online based so you can trade anywhere no matter where you are or what you are doing. You can still check your trade status and avoid missing out on any potentially highly profitable trades.

One of the big selling points of Forex Yard for the new trader is the fact they operate a negative balance protection. This means if you are unfortunate enough to run your balance down to its minimum, all of your trades will automatically be closed. It means you are never risking more than what is on your account.

Additionally every Forex Yard trader gets access to an in-depth market analysis at the click of a button. This handy little feature will help you keep on top of the foreign exchange market and help you make those big trades.

I have rated the very impressive Forex Yard platform as my best forex broker. This is down to their extemely competitive Pips and Spreads and a very generous leverage of up to 200:1. I am using them and I have no idea what the scammers mean as I don't have any problems with them or their spreads. I do trade the news as well and I have never had any problems -- best to go with brokers and signal companies you comfortable with or else everyone becomes a scammer.

If you are completely new to forex trading, I recommend you sign up to their super mini-account with the $100 and try the Forex Yard demo account first and test your skills with some paper money first (free). However, I suggest you don't spend too long in the demo version as when it's not real money it's easy to make trades that you wouldn't normally make. Try it for a couple of weeks max and then invest $100 in the super-mini account and see how you do.

After all, I think this is a great broker. Their customer service, as well as charts and analysis they provide is very good. I have been using them for the past 6 months and I am sure that these are honest people. They offer solid execution. Maybe they aren't the biggest broker in the world, but they do the job, provide good spreads, good execution, and really friendly support staff. I honestly don't see why anyone would have anything nasty to say unless maybe if they lost money. See for yourself.

If you want to give Forex Yard a try, click here (aff).