Abstract: YADIXis an online forex broker founded in 2010. As for regulation, which is almost the most important factor for traders when choosing a forex broker, YADIX does not have a reliable or valid regulation at the moment. therefore, we advise you not to trade right off the bat with such low-information brokers, and always consult wikifx to get at least a rudimentary idea about a broker.
general information and regulation of YADIX
YADIXis an online forex broker founded in 2010. As for regulation, which is almost the most important factor for traders when choosing a forex broker, YADIX does not have a reliable or valid regulation at the moment. therefore, we advise you not to trade right off the bat with such low-information brokers, and always consult wikifx to get at least a rudimentary idea about a broker.
In the following article, we will analyze the characteristics of this merchant in all its dimensions, offering you easy and well-organized information. If you're interested, read on. Reading this article will take you approximately 5 minutes.
At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of the broker's features at a glance.
market instruments
currency pairs, indices, raw materials, metals, energies… it must be admitted that the range of instruments in YADIX It is not very wide, since many other brokers are capable of providing shares, cryptocurrencies, etc.
spreads and commissions to trade with YADIX
It should be noted that, on the trading instruments screen, YADIX provides a detailed table showing the spreads, swaps and stop level of various instruments on different account types in detail, making it extremely easy for clients to look at and compare.
For example, in the speculator account, the commission for EURUSD is 7 USD, and the average spread is 0.2 pips.
trading accounts available at YADIX
demo account: YADIX It offers a demo account for you to try a little on the financial market without the risk of losing money.
real account: YADIX offers in total YADIX account types: classic, speculator and pro. the minimum deposit to open an account is respectively $100, $500 and $5,000. If you are still a beginner and did not want to invest too much money in forex trading, the classic or speculator account will be the most suitable option for you. but we must also be aware that having too little capital not only reduces losses, but also returns. therefore, it may seem “unexciting” or unprofitable to you. Furthermore, accounts with smaller initial deposits tend to have less favorable trading conditions.
trading platform that offers YADIX
Even though a lot of time has passed since the launch of MT4 and the subsequent upgrade to MT5, MT4 is still a major player in the market and is loved by traders all over the world. Access from different devices also makes trading easier for users.
Leverage monximo of YADIX
the maximum leverage offered YADIX is up to 1:500, which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. therefore, it is essential that traders choose the right amount based on their risk tolerance.
Deposit and Withdrawal: methods and fees
in terms of access to funds, like many good brokers, YADIX provides a detailed form with important information such as currency, payment method, minimum amount, arrival date, fees, and more.
customer service of YADIX
Here are more details about customer service
Languages: English, Spanish, Italian, Vietnamese, Italian, Russian, Arabic, etc.
Address: Seychelles, Orion Mall, Palm Street, Victoria
Phone: +44(0) 20 3239 6117
skype: YADIX.forex
telegram: @ YADIXforex
WhatsApp: +447585424285
email: support@ YADIX .with
Social networks: Facebook, LinkedIn, Twitter
complaints against YADIX that we have received in wikifx
We have not received any complaints for the moment.
pros and cons of YADIX
Pros:
l high leverage
l MT4
good information
l educational resources
l Many traded products.
Contras:
l few instruments available
l lack of effective regulation
the lack of information
there is no MT5
frequently asked questions about YADIX
How much leverage does this broker offer?
the maximum leverage for YADIX is 1:500. Please note that this leverage may only be available for some accounts and instruments. check our articles or the broker's website for specific information.