| ForexYard is a retail forex broker that was established in 2004 and based in Cyprus. They offer a dealing desk brokerage, meaning they take the other side of your trades. Twenty-seven different currency pairs are offered as well as 3 commodities: gold, silver, and oil. ForexYard offers very competitive fixed spreads. With the option of a web-based or downloaded trade platform, good customer service, flexible margin trading, and some additional features not offered at other retail brokers, this broker is recommended for experienced and especially beginning traders in the forex markets.
Advantages
- Choice of web-based or downloaded trade platform
- Excellent customer support, including personal account manager
- Super mini account is great for beginners to trade with least amount of risk
- Registration and deposit process are short and simple
- Spot commodities, trade crude oil and gold
- Cashback promotions for new clients, get up to $1,000
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