Considered as premiere forex brokerage firm, FOREXYARD leverages on its experience in the field of forex trading. Catering to trader across the globe, FOREXYARD offers extensive order execution, market analysis tools and excellent customer support.

Account Opening Procedure
FOREXYARD offers a range of live trading account to suit individual trading requirements of individual traders. After acquainting to the FOREXYARD trading platform through a demo account, traders can opt from any of the following live trading accounts:
• SuperMini: With an initial deposit of only $100, SuperMini account is suited for small traders. It allows a maximum lot size of 1,000 units.
• Standard: With $1,000 as initial deposit and no limit on subsequent deposits, this account is suitable for novice and experienced traders. Unlike SuperMini account, the standard account has no annual fees or commission. It also allows gold, oil and silver trading along with forex trading.
• Institutional: This account is ideal for organizations which house several brokers. With this account, FOREXYARD charges a commission of $4/lot. The leverage is also restricted to 1:30.
• FSA: Forex Strategy Automator or FSA is FOREXYARD’s proprietary version of MetaTrader platform. It offers similar advantages as an standard account, along with the flexibility to choose your trading strategy based on market analysis.
FOREXYARD also offers customized trading account for VIP members.

Deposit and Withdrawals
Traders can use Visa, MasterCard or Diners Club credit cards to fund their FOREXYARD real trading account. Bank wire transfer and Moneybookers money transfer is also supported by FOREXYARD platform. To withdraw money from the live trading account, the trader is expected to fill out an online form and send an identity and address proof the FOREXYARD headquarters. Money withdrawal process takes a minimum of three days.

Trading Platform
FOREXYARD offers Windows-based and Java trading platforms. The proprietary trading platform is easy to use and offers great flexibility in terms of customization. With options such as trailing stops, stop loss, entry/exit orders, it is an ideal platform for swing trading. Tight margins, high leverage and extensive market analysis defines FOREXYARD trading platform. Interest rollover facility is also available. FOREXYARD has introduced iPhone app in 2010 to enable forex trading through mobile phone.

Customer Support
Being in the industry for years, FOREXYARD has a good customer support system. Traders can seek support through chat, email, telephone or fax. Live chat support responds immediately.
Reliability quotient is low as the broker is not regulated by any international authority. Overall, the broker offers sound trading options. Mini trading account and opportunity to trade forex as well as equities are the major highlights.