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Yadix.com review
By
9 mins read
Overview
Our 5-step process of verification and evaluation – How do we obtain information?
General inspection – 30%
Trading experience – 30%
Technical audit – 20%
Collective experience from collaborations with the broker – 10%
Interviews with real traders – 10%
See the entire process here.
Pros
Yadix offers tight raw bank spreads as low as 0.0 pips on major currency pairs, ensuring favorable pricing for traders.
The Broker offers support for copy trading, a popular feature that allows traders to replicate the trades of successful and experienced traders.
Yadix has an extensive education center with learning e-books, videos, and guides, allowing new traders to enhance their skills, improve their strategies, and gain insights from forex professionals.
Clients can also leverage the Virtual Private Server (VPS) services to run their trading platforms and Expert Advisors (EAs) remotely.
The Broker regularly runs enticing promotions, such as the iPhone 14 Pro giveaway, deposit bonuses, free Forex signals, and free VPS services. These promotions provide additional value and rewards to traders.
Cons
There have been controversies surrounding the regulation of Yadix, as claims of being regulated by the IFSC (International Financial Services Commission) lack supporting license numbers. Traders should exercise caution and conduct thorough research before making a decision.
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Yadix has received substantial negative reviews online, indicating certain concerns or issues some customers face.
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While the Classic account does not charge commissions, other account types, such as the Scalper and Pro, carry relatively high commission fees.
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Opening a Yadix account requires a minimum deposit of $100 for the Classic account, $500 for the Scalper account, and $5000 for the Pro account.
General details
+44(0) 20 3239 6117
Customer reviews
score
Read real reviews from traders all over the world:
Accounts
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.
Tradable instruments
Tradable instruments on Yahix trading platforms include:
- Metals
- Energies
Frequently asked questions
Find the right answer to your question below.
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.
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.
Yadix.com compared with alternative brokers
To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.
- Overall verdict
- Trading
- Minimum deposit
- Maximum leverage
- Fees
- Withdrawal fee
- Deposit fee
- Safety
- Top-tier regulators
- Investor protection
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3.9/ 5
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3.9/ 5
- N/A
- N/A
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4.1/ 5
- N/A
- N/A
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3.6/ 5
- FSC
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No
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See review
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3.7/ 5
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3.8/ 5
- $100
- 1:400
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3.2/ 5
- $0
- $0
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4.2/ 5
- ASIC, CBI
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Yes
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See review
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4.1/ 5
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4.3/ 5
- N/A
- N/A
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4.2/ 5
- N/A
- N/A
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4/ 5
- N/A
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Yes
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See review
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3.9/ 5
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4/ 5
- N/A
- N/A
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4.1/ 5
- N/A
- N/A
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3.7/ 5
- CYSEC, FSC
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No
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See review
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4/ 5
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4.3/ 5
- N/A
- N/A
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4.1/ 5
- N/A
- N/A
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4.3/ 5
- ASIC, FSC, CYSEC, SIBA
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Yes
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See review
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