Online forex trading explained and analyzed.

Forex Yard

ForexYard is a distinguished retail forex broker offering 24 hour trading for all major currencies and a variety of commodities including precious metals and oil available for trading on both a web based and a downloadable trading platform with enhanced features, above average customer service and flexible margin trading. Website and platform are easy to use and understand and issuing an account is clear cut and well thought making the online forex trading process an easy task even for beginners. Forex Yard offers opportunities for demo accounts and real money accounts which new traders can fund with the use of all major credit cards, wire transfer and direct money transfers through Western Union and Money Gram. New traders have the opportunity to improvise and understand their trading skills with a free forex course offered by Forex Yard and additionally can read through the in depth forex tutorials offered to better understand the fundamentals of trading and how to use trading instruments to upgrade their trading skills.

Real money account start with super mini accounts with an initial deposit for as low as $100 with limited options on commodity trading which are unlocked on standard accounts which additionally do not charge any withdrawal fees in contrast to mini accounts which feature a $25 withdrawal fee and a time limitation of at least 3 days as forex yard adopts a strict policy regarding forex scalping by its traders. Overall the platform is easy to use and offers additional customizable features which can help beginners get a better understanding and keep record of market trends; it is worth mentioning that Forex Yard does not offer feeds for Metadrader or signal charts which can be considered a miss from a certain number of traders. Customer Service is above average with spot on live chat and responsible email support. It is noted that Forex Yard is not a regulated broker and at this point in time does not offer information regarding the banking institution guaranteeing their accounts.