Forex Yard Review

One of the premier online brokerages operating in today's forex market. Secure, dynamic trading platform with superior order execution, advanced reporting and analytical tools. Intuitive and user-friendly. Places equal importance on the first time trader as well as the experienced. Industry recognized accurate daily research and analysis.

Functionability: 

Their SuperMini account is designed for those who are new to the FX market. It trades in smaller contract sizes of 1,000 units... 1/10th the size of the standard account... and provides the opportunity to trade live with less overall risk or exposure to the market.

Fixed dealing spread of 3 pips on EUR/USD and 3-5 pips on other major currency pairs. They promise not to widen spreads under any market conditions -- including major economic news releases or thinly trader markets such as the Asian trading session.

They continuously post bids and offers at all times, regardless of market conditions, giving you a fair chance to trade during important news events... as opposed to freezing prices when the market is volatile.

Market orders are typically filled instantly... with no partial fills... and no discrepancy between the quoted price and the execution price. Stop orders are ordinarily executed without slippage.

No debit balances. If your equity falls below your margin requirement, your positions will be automatically closed out. This guarantees that your risk is limited to the funds you have deposited in your account.

 Forex Yard Home Page

Ease of Use: 

You can open an account and start trading in minutes using the JAVA based trading platform. Or, if you prefer... you can download the Trading Station Windows platform (your choice).

You can fund your account via your credit card (depositing the margin required for the trading).

Due to security measures, the scope of deals on the first week of new users trading is limited. The restriction is removed after making phone contact with their support team.

Customer Support: 

Dedicated, 24-hour Trader Support Center, where you can receive technical help and market advice throughout the trading week (Mon-Fri).

You are always able to reach an experienced support person with a background in trading.

Excellent blog provides daily updates to help you anticipate market movement.

Risk Warning:

Regardless of your trading platform... Forex trading involves
substantial risk of loss and may not be suitable for everyone.