Yadixclients can select between a range of account types all of which offer market execution in an NDD setting, variable spreads and leverage of up to 1:500. Micro lots are offered on all types of accounts with the exception of for the Pro one. Bonuses are available for commission-free Classic & Rebate accounts and Scalper & Pro account holders can benefit from no-cost VPS Hosting services.
The spreads for commission-free accounts are higher than the average of 1.0 to 1.5 per cent for the EUR/USD currency pair, and trading costs (spread plus commission) on the Scalper & Pro accounts are approximately 1.2 pip per normal amount, and this is typical for the FX business.
The Company. Security of Funds
Yadix was founded in 2014, Yadix offers forex trading CFDs on indices and commodities, in addition to precious metals via the popular MetaTrader four platform.
The company that operates that brand’s name that owns the brand is Quantix Financial Services Limited, that is licensed by the International Financial Services Commission (“IFSC”) of Belize. It also manages under the IV Brokers brand.
Belize is a well-known offshore financial center, where licensing requirements are more relaxed in comparison to other countries but its regulatory rules are more strict than those in other offshore locations. Between the end of 2015 and in the beginning of 2016 the IFSC raised the required capital for commodity and financial brokerages dealing in derivatives to $100,000 from $500,000. Additionally, the commission raised the annual fee for licenses between $5,000 and $25,000.
However, we recommend traders stay clear of offshore firms, especially Belize-based ones, and make investments with brokers that are who are licensed by reliable authorities like the UK’s FCA and ASIC in Australia. ASIC.
Additionally, Forex Peace Army says that it has 2 FPA Traders Court guilty verdicts against Yadix. That’s why the FPA strongly recommends a high level of vigilance when regarding this broker.
Trading Platforms
Yadix is compatible with the most popular trading platform available The most popular platform is MetaTrader 4 (MT 4). MT4 is the most preferred platform for the majority of traders because it allows complete automation of trades through the known as Expert Advisors (EA). Additionally it provides a range of technological indicators built into it, an extensive back-testing tools and an advanced charting software.
Here is a list of additional forex brokers that offer the MT4 platform.
Methods of Payment
YADIX provides its customers with a variety of payment methods: credit/debit cards as well as bank wire transfer and the most popular electronic wallets Skrill, Neteller, CashU, Qiwi, WebMoney, FasaPay, Moneta, Yandex Money, iDEAL, PaySafeCard, MisterCash, AliPay.
Conclusion
YADIX is another offshore broker offering online trading services for forex, as well as various CFDs that are available that are based on the well-known MT4 in an NDD-only environment. Our primary concern with this broker is the fact that it is not regulated at all and its FPA Traders Court has ruled two guilty verdicts against it. Here’s, in an easy to understand way the advantages and disadvantages of Yadix:
| Yadix Summary | |
|---|---|
| Yadix Details | Information |
| Regulators | IFSC |
| Country |  Belize |
| Base Currencies | USD |
| Type Of Brokers | ECN, STP |
| Trading Platform | Desktop, Mobile, MT4 |
| Established Year | 2010 |
| Website Language | English, Russian, Indonesian |
| US Clients | |
| Yadix Spreads | |
|---|---|
| Option | Information |
| Minimum Spreads | 0.1 |
| Commission | |
| Fixed Spreads | |
| Yadix Payment & Withdrawal Option | |
|---|---|
| Option | Information |
| Acc Funding Methods |  Skrill,  WebMoney,  Visa Card,  Master Card,  Perfect Money |
| Acc Withdrawal Methods | Perfect Money, WebMoney, Skrill, Visa Card, Master Card |
| Yadix Suitable For | |
|---|---|
| Option | Information |
| Publicly Traded | |
| Beginners | |
| Day Trading | |
| Weekly Trading | |
| Professionals | |
| Swing Trading | |
| Yadix Trading Account Options | |
|---|---|
| Option | Information |
| Maximum Leverage | 1:500 |
| Mini Account | |
| VIP Accounts | |
| Segregated Accounts | |
| Free Demo Accounts | |
| Managed Accounts | |
| Pro Account | |
| Minimum Deposit | $100 |
| Islamic Account | |
| Yadix Trading Services | |
|---|---|
| Option | Information |
| Hedging | |
| News Trading | |
| Scalping | |
| Automated Trading | |
| Indices | |
| Commodities | |
| Forex instruments | |
| CFDs | |
| ETFs | |
| Stocks | |
| Bonds | |
| Cryptocurrencey | |
| Trading Signals | |
| Educational Service | |
| Copy Tradings | |
| Yadix Contact & Support | |
|---|---|
| Option | Information |
| Telephone No | +44 (0) 203 239 6117 |
| support@yadix.com | |
| 24 Hours Support | |
| Support During Weekends | |
| Address | Suite C, Second Floor, Orion Mall, Palm Street, Victoria, Mahe, Seychelles. |
