On-line since: About the company: ForexYard is an international brokerage company located in Cyprus.. The broker offers its clients the opportunity to trade a wide range of financial instruments including currency pairs, spot metals, and CFDs for stock indices.. ForexYard guarantees instant order execution without slippages. If the margin level of a trading account drops to the minimum level, the system stops all active positions automatically thus enabling negative balance protection. Therefore, you cannot lose more than you deposited.. On the company’s website, you can find various educational materials and training courses on forex trading.
5/10
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I have been trading with ForexYard for four months, they are excellent brokers. Perfect executions and no slippage. I never had problems with deposits its almost instant and withdrawals takes 3 hours to be processed. I like them, because of their professional attitude for clients and reliability. Very pleased with their work.
All my strategies didn't work since I opened an account with them. Trading platform was not good and unstable. Sometimes, it was crashed and freeze. So I left them and look for another better. They offered such bad system which was delayed all the trading time and made my trades lost. Moreover, their Customer Support was rude to reply my request and they ignored sometimes. So let think clearly before choose them to invest. I want to warn other to be aware with this people and don't feel confident when you withdraw the first time because you don't know the second time.
ForexYard is regulated which is why I chose them. However, their services are still not perfect. The platform still lags frequently and it has a lot of bugs. I have reported the issue to the company multiple times already but they still haven't done anything about it.
Almost everyone doesn't like this broker. Because they do not work well, and very messy. I just felt the oddity with this broker when they began to rarely respond to emails and calls from me. I feel my time and money that I have spend to join with them is all vain and useless. And now I'm just waiting for my request to withdraw and close my account but still not being met by this broker. There was no significant profit that I can get from using their analytical and trading platforms.
Until now I am a problem I have not gotten a solution from them. Don't know where the fault is, but I've lost $700. Every time I wanted to place an order if it was to my advantage it would freeze up or give me the trade when it was too late. Overall Forex Yard is not reliable broker and I’m not recommend this broker to others.
FOREXYARD has a bogus platform, As I have experienced so much re-quotes or slippage on their MT4 platform and their price quotes are different from the Tradingview website. Their fake candle destroyed my trading life. Till now I have lost almost $250, while their payment while FOREXYARD broker hasn't any regulation, so I am awful to trade with my investment at FOREXYARD broker. So I tried to leave them immediately.
I trade 4 months with Forex Yard and I have to say they are not right broker for me. On the 6th August 2016 after the US election news I started to trade USD/JPY manually, using scalping strategy on volatile market. Based on this news I have I have made more than 50 transactions, with total profit close to $950. That is insignificant, as next morning, I have found unknown record correction and all my profit has gone to -$850 After numerous emails and queries submitted online directly to them I have had no response.
My standard account was banned without I was about to withdraw my earnings from the Monthly challenge contest organized by Forex Yard. I have $100 left in my account and this broker told me that the money was already lost due to my aggressive withdrawals. The total amount that I requested to take out was only $50 and I split the said amount into 3 requests. My first request went successful. They processed my $30 right away and the remaining withdrawal request caused me troubles. Now, I couldn't log in. My access has been denied. Already sent an email and I hope they would reply me and lift the banned.
I have experienced too much re-quotes on FOREXYARD's platform, so I called them a bogus broker. Always their price quotes are different from others and charts isn't clear too. The huge re-quotes destroy my investment of $250, also my payment request $50 profit delay one week with them. Which the FOREXYARD broker is not regulated in the Market Maker. So I think they are dangerous for traders, now I tried to leave them.
FOREXYARD's platform has a lot of mistakes, so I called them bogus broker. their price quotes are different from others and charts isn't clear. The huge re-quotes destroy my investment of $200. while My payment always delays and I was unable to withdrawal $50 profit. I know that FOREXYARD broker is not regulated broker in the Market Maker. So I have tried to leave them.
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