On-line since: About the company: Yadix was established in 2014. It offers trading currency pairs, CFDs on indices and commodities, and precious metals through a wide-used MetaTrader 4. About the company. Security of funds Yadix belongs to Quantix Financial Services Limited that is licensed by the International Financial Services Commission of Belize. This company also owns IV Brokers. Belize is a popular offshore center where license requirements are more liberal than in other jurisdictions. At the same time, the regulatory regime here is stricter than in other offshore countries. IFSC raised the minimum capital requirements from $100,000 to $500,000. Besides, the commission also increased the annual license charge from $5,000 to $25,000. However, we usually advise traders to avoid joining offshore companies and trade with brokers that are regulated by more reliable authorities. Moreover, FPA Traders Court delivered two judgments against Yadix. Trading conditions Yadix offers several account types that provide market NDD execution, floating spreads and leverage up to 1:500. The broker’s clients can trade micro lots on all account types except the Pro accounts. Holders of Scalper & Pro accounts can use free VPS. Spreads are floating – from 1 to 1.5 points on EUR/USD. At the same time, charges on the Scalper and Pro accounts are about 1.2 points which is an average commission in the brokerage industry. Trading platform Trading with Yadix is conducted through the popular MetaTrader 4 platform. Many traders use this platform as it enables them to automate trading process with the help of expert advisors. Moreover, it offers a number of built-in technical indicators, an extensive testing environment and a set of diagrams. Client support service The client support service can be contacted by phone, email, a live chat and in social networks. Payment methods Clients of Yadix can deposit and withdraw their funds via bank cards, bank wire transfers, and popular electronic payment systems such as Skrill, Neteller, CashU, Qiwi, and WebMoney, as well as FasaPay, Moneta, Yandex Money, iDEAL, PaySafeCard, MisterCash, and AliPay. Advantages:
Disadvantages:
1/10
(votes 2185)
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Five months after joining, I already feel that Yadix is one of the brokers who can provide good service. It is very easy to contact them via email or live chat. The very popular MT4 platform is also available at this broker. Easy payment methods and lots of choices so that it really makes transactions easy here. I am very satisfied with their service, hopefully they will continue to provide the best for customers.
My experience with Yadix over the past three months has been very painful. I get slipped 50% of my trades. Last Wednesday they shut the live trading server down for 45 minutes while the market was still open. When it was a very big event in the markets and I was unable to close my trade because of their server problem and I lost $156. I made an objection but they refuse to refund it. Yadix isn't recommended broker.
Yadix so far so good I have been trading with them for seven months. They are most excellent broker compared to trading with other borker. I make 5/10 l trades in a day and the execution is great. No re-quotes until date. All the orders are executed appropriately . Withdrawal is also faster. Even they never charge any withdrawal fee. I highly recommend trading with Yadix, they offer one of the best services I have ever used.
I am currently encountering a problem in the withdrawal of my funds from Yadix. It has been delayed for two weeks already and the company only kept telling me to wait. I don't know if I should be worried already.
I practiced on the demo account for a long time till I came up with a reliable strategy. I didn't use the demo account alone, I got a strategy backtesting app too. I moved to the live account when I was ready to trade with real money. It has not been easy since I started the live account, I had issues with sticking to my strategy. Getting better with my trades; the last 3 months have been consistent. Even though my learning process has taken almost 2 years.
They did not care that how much money i deposited and still doubt on my credibility. this broker is a cheat. I have place a withdrawal request of $1100 and there only remained $100 rescue bonus. So I traded the bonus and loosed. That's ridiculous. The platform has a little bit messy, however the pricing is excellent. They canceled my orders without explanations. Not a good Forex broker to deal with.
I have $500 investment with Yadix broker. I am enjoying their web platform and it is perfect. I've applied the scalping strategy. Till now I can make some profit of amount $452. I have withdrawal $350 profit via Neteller. while scalping strategy is risky but their analysis is helpful and profitable. So I say Yadix broker is professional, who provide a solid service to me.
The minimum initial deposit at Yadix is low and is really favorable to small and new traders. However, after trading with them for about two months, I realized how costly it is to trade with them. Honestly, I am losing a lot because fof the wide spread. If this keeps on until the next month, I will be closing my account already.
Whoa, a low score for this broker? With the only disadvantages is that ‘offshore’ thing? I have seen worse than this on other so-called ‘ECN’ brokers. Even some stopped the tick feeds in the middle of high news event. Yadix is the one that keep going on with the high news trade because they now there are news traders out there who want to make some quick profit out of it. Personally I don’t trade during every news, but some trade limits that I placed on the servers got executed during some news and I noticed no cancelation on it. This is another advantage if you want to stick with your trading system either to involve or not to involve with the news.
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