Unique Selling Points
1. iPhone 14 Pro Giveaway: Yadix is giving away brand-new iPhone 14 Pros to all new traders for a limited time. It's a fantastic welcome gift you don't want to miss. To claim your iPhone, all you need to do is open a Classic account, make your Deposit, and meet the straightforward volume requirements.
2. Bonus for Every Deposit: When you open a Bonus Account on Yadix, you enjoy a generous 50% bonus for every deposit you make. This bonus will provide valuable support during drawdown periods, giving more flexibility in your trading. With a Bonus Account, you'll also benefit from 1:1000 leverage, a 30% stop-out level, and zero commissions.
3. Free Forex Signals: Yadix also grants access to thousands of trading signals. These signals offer daily pip gains with high success rates, empowering you to improve your trading potential. Traders can take advantage of this opportunity to make informed trading decisions and boost their chances of success.
4. Free VPS: Yadix offers a Free Forex VPS (Virtual Private Server) service to further enhance trading efficiency. By claiming this service, traders can host their Expert Advisors (EAs) on a dedicated server, reducing latency and benefiting from faster and more accurate order execution. Multiple tiers are available, including Silver, Gold, and Platinum, each offering benefits.
Introduction
Renowned as a leading ECN/STP Forex Broker, Yadix caters to worldwide retail, institutional, and professional clients. This Broker particularly focuses on forex trading strategies. Its philosophy revolves around providing an unrestricted trading environment specifically tailored for forex scalping strategies, including using scalping systems and EAs (Expert Advisors). According to Yadix, clients are truly valued as the most precious asset.
Yadix provides traders access to one or more trading platforms that enable them to buy and sell foreign currencies effortlessly. These platforms are designed to be user-friendly, intuitive, and equipped with powerful tools to help you make informed trading decisions. With Yadix, you'll have everything you need to navigate the exciting world of Forex trading.
Yadix is owned by Quantix FS Limited, a reputable financial services company with a registered office in Mahe, Seychelles, where they are authorized and regulated by the Financial Services Authority of Seychelles (FSA).
It's worth noting that some sources have suggested that Yadix is a Russian Broker based in the Virgin Islands. In this Yadix review, we will discuss all there is to know.
Supported Countries
Yadix offers its services to clients from various corners of the world. The list of countries where Yadix allows clients is impressive. These include Albania, Argentina, Armenia, the Bahamas, Bhutan, Chile, Cape Verde, the Cayman Islands, Colombia, India, Israel, Hungary, Iceland, Vanuatu, and Ukraine.
However, Yadix has some restricted regions, as every financial institution must abide by regulations and compliance measures. Unfortunately, Yadix does not currently offer its services to persons in the United States, North Korea, Iran, and Sudan.
Customer Service Rating
Yadix has received 82 reviews on Trustpilot, with an overall positive sentiment. With a score of 3.8 stars out of a possible 5, it's clear that many traders have had a great experience with this platform. One of the standout features that users frequently praise is the impressive Spreads of 0 pips and the low commissions offered on their ECN accounts. Another feature that has garnered praise is the up-to-date calendar feature provided by Yadix.
But, it's also important to acknowledge that negative reviews about Yadix exist online. Some individuals have accused the platform of being fraudulent and lacking transparency. There are claims that Yadix calculates a negative balance after a bad trade and uses it against traders. This is in contrast to their advertised promise of offering negative balance protection.
YADIX Forex Trading Platforms
Yadix provides traders access to robust, user-friendly trading platforms that suit their preferences. Traders can pick from MetaTrader4 or any of its Mobile platforms.
MT4: This advanced Forex trading platform is highly regarded for its comprehensive features and user-friendly interface. With MT4, traders can easily execute orders, manage trading accounts, and explore a range of trading strategies. Notably, the platform fully supports trading using Expert Advisors (EAs), making it a favorite among automated trading enthusiasts. Furthermore, MT4 caters to all trading strategies, including hedging and scalping, providing you with the necessary flexibility. With a wide array of trading tools and exceptional performance levels, it's no wonder MetaTrader 4 has garnered awards and become a popular choice among Forex traders.
Mobile Trading Platforms: Besides MT4, Yadix offers mobile trading platforms that bring the markets to your fingertips. These mobile apps cater to various platforms, ensuring traders can access the markets regardless of their device. For iPhone users, Yadix offers a dedicated trading platform that provides instant market access from anywhere without needing a PC. The iPhone trading platform is compatible with all Apple iPhone releases and can be easily downloaded from the Apple App Store. Similarly, the Yadix iPad Trader empowers traders with all the essential forex trading capabilities in a single view. By downloading the app for iPad or iPad 2, traders can make fast trading decisions at any time and from anywhere. Yadix provides the popular MT4 platform as an Android app as well. With instant access to real-time quotes, comprehensive trading capabilities, and a feature-rich platform, Android users can easily trade on the go.
Type of Trading Accounts on YADIX
The Yadix Forex Broker offers a range of diverse trading accounts to cater to the unique needs of its clients.
Classic Account: With a minimum deposit of just $100, it is an excellent choice for those starting their Forex journey or traders who prefer a more traditional approach. Spreads start from as low as 1 pip, allowing you to maximize your potential profits. Traders can utilize leverage up to 500:1, allowing them to control larger positions with a smaller initial investment. The minimum trade size is 1 micro lot (0.01), providing ample room for precise trade sizing. The best part? The Classic Account has no commission, and you can enjoy the freedom of zero limit and stop levels. Whether you're into hedging, scalping, or using Expert Advisors, this account covers you.
Scalper Account: For those seeking tight spreads and faster-paced trading, the Scalper Account is an excellent choice. With a minimum deposit of $500, you can dive into the world of rapid trading. Spreads start from an impressive 0.0 pips, ensuring you can take advantage of even the smallest market movements. Leverage up to 500:1 empowers you to amplify your trading potential. The minimum trade size is 1 micro lot, allowing precise position sizing. A free VPS is available to support your trading activities, with a minimum of 100 lots traded monthly. You'll also enjoy the same benefits as the Classic Account, including the flexibility of hedging and scalping and the ability to use Expert Advisors. With a commission of just $5 per side per lot, you can keep your trading costs in check while enjoying the perks of this dynamic Account.
Pro Account: Designed for experienced traders, the Pro Account provides access to advanced trading features and enhanced trading conditions. To open this Account, a minimum deposit of $5000 is required. Spreads start from an impressive 0.0 pips, ensuring you get the best pricing on your trades. Leveraging up to 300:1 allows you to optimize your trading positions with higher precision. The minimum trade size is 1 mini lot (0.1), providing more flexibility in position sizing. With a commission of just $2.5 per side per lot, you can keep your trading costs low while enjoying the premium benefits offered by this Account. Additionally, a free VPS is available to support your trading activities. And just like the Classic and Scalper accounts, you can take advantage of features such as hedging, scalping, and using Expert Advisors.
Trading Denominations on YADIX
Traders can only denominate their trading account in USD or EUR on Yadix. This may be a little restricting for some traders especially considering that most brokers offer more denominations.
Company Structure
Established in 2010, Yadix has earned a stellar reputation as an ECN/STP Forex broker, providing traders with many opportunities to thrive in the financial markets. The Broker is committed to offering tight spreads across all Forex pairs, ensuring that traders can make the most of every trading opportunity. Best Bid/Ask pricing allows you to access competitive rates that optimize your potential returns.
At Yadix, there are no restrictions on Expert Advisors or any trading strategies, allowing traders to trade in a manner that suits their preferences and goals. This flexibility empowers you to explore various trading techniques and maximize your profit potential.
As a leading ECN/STP Forex broker, Yadix prides itself on its advanced technology infrastructure. Through fiber-optic connections and global data centers on the Equinix financial exchanges, Yadix ensures superior trade execution and reliable connectivity. With trading terminals based in London, traders experience exceptional filling quality and lightning-fast execution.
When it comes to liquidity, Yadix has you covered. The Broker sources liquidity from 14 tier-1 banks, ECNs, and non-bank providers, ensuring ample liquidity for smooth trading experiences. While Yadix has received positive ratings from numerous satisfied customers on various review websites, it's worth noting that no specific awards are mentioned on the Broker's official website or elsewhere.
YADIX Licenses and Regulatory Compliance
Regulation ensures that a broker operates transparently and adheres to strict financial standards. In the case of Yadix, the broker firm is regulated by
The Financial Services Authority (FSA) with license number SD021;
The Financial Services Commission FSC (British Virgin Islands) with license number IFSC/60/324/TS/17.
Some sources suggest that Yadix is also regulated by the International Financial Services Commission (IFSC). However, it's important to note that no license number is available to support this claim.
YADIX Customer Protection
Yadix goes above and beyond to implement measures that safeguard traders' funds and provide a transparent trading environment. Yadix follows a strict policy of segregating clients' funds, ensuring that your money is kept in separate accounts. This practice adds an extra layer of security, protecting your funds in the unlikely event of any financial difficulties the Broker faces.
Yadix's advanced systems are designed to protect your Account from reaching a negative balance, even in volatile market conditions. This means you can trade with peace of mind, knowing you won't incur any debt beyond your initial investment.
Customer service
Yadix.com offers its clients multiple channels to connect with their customer support team. Whether you have a question, need assistance, or simply want to share your feedback, you can reach Yadix's customer support team via Email, Telephone (+44(0) 20 3239 6117), Skype, or Live Chat.
Trading Information
Yadix.com offers flexibility, competitive pricing, and efficient trading with trading hours that cater to your needs. From Sunday at 00:00 GMT to Friday at 00:00 GMT, you can trade whenever it suits you best. Yadix takes pride in offering tight spreads that start as low as 0.0 pips on major currency pairs.
Their commitment to optimized pricing and trading efficiency shines through their higher tick frequency sourced from 15 liquidity banks. While the Classic account comes without commissions, other account types may have different fee structures. For Scalper accounts, there may be commission fees of $7 per round lot, while Pro accounts have a fee of up to $5.
Tradable Instruments
Yadix empowers traders to create a well-rounded portfolio by offering a rich selection of symbols across multiple asset classes.
Forex Pairs
Indices
Metals
Energies
YADIX Leverage
Yadix.com offers a wide range of leverage options, ranging from 1:1 to an impressive 1:500. The leverage available depends on various factors, including your chosen account type and the instrument you're trading.
Deposits and Withdrawals
Deposits
Yadix strives to provide a hassle-free deposit process by giving clients access to various deposit methods. Below is a table summarizing the available deposit methods.
Deposit Method | Supported Currency | Maximum Deposit | Minimum Deposit | Transaction Time |
Skrill | EUR, USD | $25,000 | $100 | Instantly |
Neteller | EUR, USD | $25,000 | $100 | Few minutes |
Credit/Debit Card | EUR, USD | $10,000 | $100 | Instantly |
Bank Wire (SEPA/SWIFT) | USD | No limits | $100 | Few minutes |
Perfect Money | EUR, USD | No limits | $100 | Instantly |
FasaPay | IDR, USD | $20,000 | $100 | Instantly |
BitWallet | EUR, USD | $25,000 | $100 | Instantly |
Bitcoin | EUR, USD | $25,000 | $100 | Few Minutes |
Ethereum | EUR, USD | $25,000 | $500 | Few Minutes |
Tether | EUR, USD | $25,000 | $500 | Few Minutes |
Withdrawals
Yadix prioritizes promptness and aims to process withdrawal requests within 24 hours. They utilize secure withdrawal methods to safeguard your financial transactions.
Withdrawal Method | Minimum Withdrawal amount | Transaction Time |
Skrill | No Minimum | Within 24 hours |
Neteller | No Minimum | Within 24 hours |
Credit/Debit Card | No Minimum | Within 24 hours |
FasaPay | No Minimum | Within 24 hours |
Perfect Money | No Minimum | Within 24 hours |
Bank Wire (SEPA/SWIFT) | No Minimum | Within 24 hours |
BitWallet | No Minimum | Within 24 hours |
Bitcoin | No Minimum | Within 24 hours |
Ethereum | No Minimum | Within 24 hours |
Tether | No Minimum | Within 24 hours |
YADIX Trading Education and Training
Regarding trader education, Yadix believes in empowering them with the knowledge and resources they need to succeed in the forex market. Their comprehensive education center and powerful research tools offer a wealth of opportunities for new and experienced traders alike Here are some of the educational resources available:
Education Center
Expert Trading Insights
Comprehensive Guides
Real-Time Economic Calendar
FAQs
Is YADIX Forex a Scam?
YADIX claims to be regulated by the Financial Services Authority of Seychelles (FSA) with license number SD021. However, it's worth noting that there are claims of additional regulation by the International Financial Services Commission (IFSC) without a specific license number to support this assertion. This lack of clarity has raised eyebrows and sparked some skepticism among traders. In addition to the controversy surrounding its regulation, it's essential to consider the negative reviews YADIX Forex has received online.
How do I open a YADIX trading account?
If you're interested in opening a YADIX trading account, you'll be glad to know that the process is straightforward and user-friendly:
Begin by visiting the official YADIX website.
Click on "Open Account": Look for the "Open Account" or "Register" button on the website's homepage.
YADIX will ask for some basic information to set up your Account. Please provide details such as your name, email address, and contact information. Providing accurate information is essential to ensure a smooth account creation process.
YADIX offers different trading accounts tailored to different trading styles and needs. Take a moment to review the available options and select the one that suits you best.
As with any financial platform, you must review and agree to YADIX's terms and conditions.
Once you've completed the account registration process, it's time to fund your trading account. Remember, the minimum deposit required varies depending on your chosen account type.
To ensure the security and compliance of their platform, YADIX may require you to verify your identity. This step typically involves providing some identification documents, such as a valid ID or passport and proof of address.
Conclusion
Yadix forex broker offers a range of features and services that can be both advantageous and challenging for traders. Traders can benefit from real-time research tools and take advantage of promotional offers, such as deposit bonuses and free VPS services.
On the positive side, Yadix provides competitive spreads, diverse trading instruments across multiple asset classes, and valuable educational resources.
However, it's important to consider certain drawbacks. The controversy surrounding the regulation of Yadix raises concerns, and negative reviews found online highlight potential issues. High commissions on certain account types and minimum deposit requirements may not suit all traders. To make an informed decision, you should carefully weigh the pros and cons of Yadix forex broker and consider your trading preferences and requirements.
