FX.co ★ Yadix - Broker rating, review and comments

About company

Yadix was established in 2010. Since then, it has been leading the market by offering regulated forex trading, the lowest market spreads, excellent trading conditions, and fast order execution. The broker uses the no conflict of interest execution model (straight through processing) to offer full trading freedom to its clients. The Yadix brand is powered by Quantix FS Limited, a financial services company, authorised and regulated as a securities dealer by the Financial Services Authority of Seychelles (FSA).

Trading conditions

Apart from a live account, Yadix clients can trade on a demo account with a balance of $100,000. The broker provides access to trading all major currency pairs as well as gold, silver, and oil. Traders can choose from different account types which include Classic, Rebate, Scalper, and Pro accounts. Each of them has its own trading conditions and benefits.  The broker offers its customers various bonuses and other promo campaigns. The initial deposit is $100. Expert Advisors are also available.

Trading platform

Yadix uses MetaTrader 4, a well-known trading platform, which is available for desktop and mobile devices.

Support service

The support team is available by phone or via Live Chat. Besides, you can contact the broker through email or Skype. The support service operates round-the-clock five days a week. To find a quick answer, customers can use the FAQ section which features the most common questions.

Traders’ reviews

Traders’ reviews about Yadix can differ greatly. Most traders are happy with the broker and praise it for narrow spreads, multiple account types, and great bonus offers.   Most of the negative comments mention that it takes too long to withdraw funds. Some traders are worried about the offshore status of the company.

Advantages:

• narrow spreads
• great variety of bonuses and promo offers
• broker supports scalping
• convenient trading platform
• vast choice of deposit methods

Disadvantages:

• offshore broker
• negative reviews
• delays in money withdrawals