Forexyard offer two user friendly platforms – downloadable, and online Java, both containing an expansive set of tools. And with easy deposit and withdrawal options they have retained a highly satisfied customer base.

Their prices remain constant, with a spread 3 pips on the EUR/USD, and the price you see quoted on the screen is the price you get for the trade. They also have a policy of not increasing the spread due to changing market volatility or impending global or national financial announcements which are key times for traders – both experienced traders, and those newbies seeking to learn how to maximise ‘event trading’ strategy knowledge.

Whilst primarily a Forex outfit they do offer commodity trading (oil, silver and gold), which is a bonus for all users thinking of broadening their trading portfolio. To cap it all, they offer fully comprehensive online tutorials, which are a bonus to ‘newbies’ in particular.

Their recently launched Forex Strategy Automator allows traders to select a trading strategy to operate automatically for them, leaving it up to the trader just to decide how much they are prepared to gamble on the system. As with everything there are no guarantees, but each trading strategy has a recorded history of performance over a year, and as you would expect, there are ’safer’, and ‘not so safe’ options, depending on your own risk assessment and money management strategy. The only downside is the minimum $2000 deposit required to open the Strategy Automator Account (their regular accounts can opened from as little as $100. Other platforms do offer similar opportunities to automate trading, although the FSA is quite groundbreaking in its structure, and the breadth of strategies to choose from. And, with the FSA, you can truly ’sit back’.

In comparison with other platforms, Forexyard’s standard trading platform would at first seem to be a bit of an antiquated mess due to the array of resizeable windows that the user is confronted with. However, the flip side of this is that it is a fully customizable interface. If you are happy with customising your own screens then this is a bonus, as it allows you to fit the interface in with your own style of trading. If you only trade on the EUR/USD, and the GBP/USD then that’s all you need to see when you log on, just hide the YEN and the USD – simple!

Whilst the Forex Strategy Automator requires a large deposit, standard account opening levels are one of the cheapest available online, and once your familiar with the interface trading is straightforward. Overall, Forexyard offers a reliable platform to suit the needs of the newbie, the experienced trader, and both those with large or small wallets.

Sign Up at Forexyard here

The Facts

How To Open An Account

• Sign up online

Minimum Deposit

• $100

Minimum Trade

• $5

Promotions

• $100 cash-back on deposits over $1000, and, 100% cash-match up to $300 for SuperMini accounts

Deposit / Withdrawal

• Bank Wire Transfer, Visa, Mastercard, Maestro, Diner’s Club
• No Transfer Charges

Trading Platform Logon

• Via website

Tutorials

• Forex tutorial and virtual tours

Support

• Email, live chat, telephone

Operating System Requirements

• Windows, or Java for Macs

Demo Account

• Yes

Sign Up at Forexyard here