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About company
Yadix entered the forex market in 2010. Its founders are experienced traders who specialize in automated trading. Today, Yadix is considered one of the leading brokers that offers low market spreads, fast order execution, and favorable trading conditions. The company is proud to focus on forex strategies such as scalping, which other brokers do not support. Yadix provides trading services to users from CIS countries and around the world. The broker is registered in the Virgin Islands and regulated by the British Virgin Islands Financial Services Commission (BVI FSC).
Trading conditions
Yadix enables its clients to trade on Forex with no limits or levels on stop-loss or take-profit orders. The company offers a demo account for training with a virtual deposit as well as a $10,000 bonus for exploring the trading platform and testing strategies. With Yadix, clients can trade all major currency pairs, as well as gold, silver, and oil, using one of the following account types: Classic, Rebate, Scalper, or Pro. Each of them has its own trading conditions and benefits.
To attract new clients, the company offers special promo campaigns and bonuses. Yadix has developed several favorable offers for live and demo account holders, including a welcome bonus, instant discounts, and credits. Other convenient trading conditions include a low initial deposit ($100), narrow spreads, scalping, and trading advisors.
Trading platforms
The broker offers to use the MetaTrader 4 platform which is available for PC or laptop, as well as for iPad, iPhone, and Android devices as a mobile trading app.
Support service
Clients can contact the support team by phone, email, live chat, or Skype.
The customer service is available round the clock five days a week. For urgent requests, one can use the FAQ section that features answers to the most common questions.
Deposit and withdrawal of funds
Yadix supports several payment methods for depositing and withdrawing funds: Visa and Mastercard bank cards, bank transfers, Skrill, Qiwi, Yandex.Money e-wallets, as well as electronic payment system Neteller.
Feedback from traders
Judging by several thematic forums, traders’ reviews of the company are mixed. Users who are satisfied with the broker’s services note trading account types and scalping as an advantage. Other positive comments mention narrow spreads, high leverage, and a wide range of bonuses.
At the same time, the network is full of negative reviews. Traders complain about delays in withdrawing funds. They also note that data processing takes several weeks. In addition, users are confused by the fact that Yadix is an offshore broker.
Pros and cons
Advantages:
- narrow spreads;
- low initial deposit;
- demo account;
- decent bonus program;
- forex scalping;
- convenient trading platform;
- large choice of deposit methods.
Disadvantages:
- offshore broker;
- negative reviews;
- delayed profit withdrawal;
- possible fraud (based on feedback).
Conclusion
Favorable trading conditions allowed Yadix to become one of the market leaders. Traders who use scalping strategies are especially satisfied with the broker. At the same time, there are concerns over its regulation. The BVI FSC is not the most reliable supervisory body as it reportedly issues licenses for a fee. In this regard, Yadix has a reputation as an offshore broker.
