Yadix Review and Tutorial 2021

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Yadix Facts & Figures

Yadix offers MT4 access for a range of CFD and forex products, alongside advanced tools like signals, VPS and ECN pricing.

Bonus100% deposit bonus
InstrumentsCFD, Forex
Demo AccountYes
Min. Deposit$100
Payment MethodsAlipay, Cashu, Credit Card, Debit Card, FasaPay, iDeal, Neteller, Paysafecard, Perfect Money, QIWI, Skrill, Wire Transfer
Min. Trade0.01 lots
Regulated ByFSA
MetaTrader 4Yes
MetaTrader 5No
cTraderNo
STP AccountYes
ECN AccountYes
DMA AccountNo
Mobile AppsiOS & Android
Margin TradingYes
Auto TradingNo
Social TradingNo
Copy TradingNo
Trade SignalsYes
Islamic AccountNo
Account
Currencies
USD, EUR
CFD
Yadix offers CFDs on foreign exchange, commodities and indices from across the world.
FTSE Spread1
GBPUSD Spread0.4
Oil Spread2.8
Stocks SpreadN/A
Leverage1:500
Forex

Yadix boasts more than 50 major, minor and exotic currency pairs on the world-renowned MT4 platform.

GBPUSD Spread0.4
EURUSD Spread0.2
EURGBP Spread0.4
Assets57
Risk Warning – Your capital is at risk

Yadix is a forex broker that is registered in Seychelles and offers a wide range of currency pairs, alongside commodities and indices. This broker review will run through some basic company information, as well as the trading platforms on offer, typical spreads, account types, security and more.

Yadix Headlines

Yadix was founded in 2010 in the Seychelles, where it isr registered. The broker is regulated by the Financial Services Authority of Seychelles (FSA). The broker boasts over 15 liquidity providers, including 14 tier-1 banks. The company itself has over 70 employees and brings in a yearly revenue of $16 million. The broker caters for anyone from Indonesia to the UK who is looking to get into forex trading. Whether you are a beginner or an experienced trader, Yadix wants to help you rock the financial world.Yadix Logo And Review 2021

Trading Platform

Yadix uses the award-winning MetaTrader 4 (MT4) trading platform, which can be downloaded from its website for Windows, Mac and Linux computers. The brokers’ platform is rated very highly by many professional traders and is one of the most popular forex packages in the world.

MT4 is intuitive to use and it is easy to navigate to different assets, charts and tools. The platform comes with a large number of pre-installed indicators and charting tools that are designed to help you effectively trade and track assets. With MetaTrader 4, users can even customise and install their own indicators. Orders can be executed with one click, making it simple and easy to open and close trades.

Assets

Yadix offers over 85 symbols across three different asset classes: forex, commodities and indices.

Spreads & Commissions

The commission charges varies by account type on Yadix. With the classic account, investors pay no commission, while rebate account holders incur a commission of $5 charged per lot. Scalper and pro accounts have commissions that reduce to $3.50 and $2.50, respectively.

Typical spreads for Yadix customers will vary from account to account and from asset to asset. Classic and rebate accounts hold the following typical spreads:

For the scalper and pro accounts, typical spreads are:

Leverage

Yadix offers flexible leverage ranging from 1:1 to 1:500. At a leverage rate of 1:500, you can put down $100 and open positions worth $50,000. Make sure to implement proper risk management as, even though leverage can increase your profits, it greatly increases losses.

Mobile Apps

Yadix traders can invest on the move through the MT4 mobile app, which is available on iOS (iPhone and iPad) and Android (APK). The application is user-friendly and makes it simple to trade directly and efficiently from a mobile phone.

The iPad/tablet versions are optimised to make use of the larger screen, ensuring all essential forex trading capabilities are shown on the screen. Both application versions boast a wide range of charting options, technical indicators, timeframes, order types and more.

Yadix metatrader forex and cfd broker
MetaTrader 4 Mobile Platform

Payment Methods

Yadix accounts can be funded by a wide variety of methods, making the broker accessible to lots of geographical regions. The minimum deposit for any method is $100, while Skrill deposits are capped at $25,000.

All deposit methods are quickly and automatically credited, though Neteller takes a few minutes to show proof of funds. The full list of methods available is:

Yadix places no limits, minimum or maximum, on withdrawal amounts. All request are processed on the same day and proof of funds should be also be received that day. Withdrawals can be made via:

Demo Account

Yadix does offer a demo account that allows you to practise with virtual money, just like you would on games like GTA 5. The demo account is open to anyone, whether you are a beginner or an experienced trader. Open a demo account, sign in with your login credentials and the account will be credited with $100,000 of virtual trading cash. New traders and investors can use this account to practise using the MetaTrader 4 platform, while more experienced traders can use it to trial different strategies.

Deals & Promotions

Yadix have introduced many different bonuses and promotions for new customers:

Currently, Yadix does not offer a no deposit bonus. Check the website regularly to see the current promotional offerings.

Regulation & Licensing

Yadix is registered and regulated in Seychelles. The regulating body is the Financial Services Authority of Seychelles (FSA) and the broker holds license number SD021. The Financial Services Authority of Seychelles is not considered to be a top-tier authority like CySEC or the FCA and therefore caution should be taken when trading with Yadix.

Additional Features

Yadix offers several additional features to boost the trading experience for their customers:

Account Types

Classic Account

Rebate Account

Scalper Account

Pro Account

Benefits

These are the key advantages we picked out for trading with Yadix.

Drawbacks

Here are some of the drawbacks of Yadix highlighted during our research.

Trading Hours

Trading hours on Yadix vary for the different assets. Over-the-counter forex pairs can be traded 24/7. Other forex pairs follow normal market sessions, while indices and commodities match the timings of their respective exchanges.

Customer Support

Customer support is important in any business, whether you are renting a car from Avis or trading with Yadix. The broker can be contacted through several different methods, including:

Safety & Security

Safety and security are at the heart of Yadix’ concerns. The broker ensures high levels of fund protection for users. Moreover, capital is kept separate from company funds, ensuring your money cannot be used by the company.

Yadix Verdict

Yadix is an exciting forex broker coming out of Seychelles. With several asset classes to choose from and a range of accounts to suit any need, Yadix provides something for everyone. Sign in with your login details today and start trading with a fast-paced broker with heaps of potential.

FAQs

Is Yadix Safe?

Yadix is a regulated broker, following mandated security procedures and segregating client funds from its own. Moreover, MT4 is a trusted trading platform that encrypts personal data and supports 2FA.

How Much Capital Do I Need To Trade With Yadix?

The minimum deposit for Yadix is $100 for the classic account. Other account types have higher minimum deposits, up to $5,000, and provide access to more advanced features.

Do Yadix Provide A Demo Account?

Yadix does offer a demo account. The account is free to use and comes with $100,000 of virtual money.

Where Is Yadix Regulated?

Yadix is regulated in the Seychelles. The regulating body is the Financial Services Authority of Seychelles (FSA).

What Is The Best Forex Pair To Trade?

There is no simple answer to this. Beginners are often best off going for major currency pairs due to their high liquidity. However, if you are looking for greater volatility, exotic pairs might be best.

Accepted Countries

Yadix accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Yadix from United States.

Alternatives to Yadix

If you are looking for alternatives to Yadix we have compiled a list of the top 5 brokers that are similar to Yadix below. This list of brokers like Yadix is in order of similarity and only includes companies that accept traders from your location.

  1. Exinity – Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
  2. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
  3. Rockfort Markets – Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and market conditions.
  4. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
  5. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
Yadix offers MT4 access for a range of CFD and forex products, alongside advanced tools like signals, VPS and ECN pricing.

Yadix vs Other Brokers

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