Yadix broker review (2022) Review
Increasing capital is the desire of many people who earn from investing funds. Among the Internet offers, earning on the Forex market is especially popular. The intermediary in such business is the dealing center, which provides assistance in making transactions. In our review we will talk about the company Yadix, which offers quite attractive trading conditions and is popular among customers from all over the world.
Yadix Dealing Center was founded in 2010 by a team of experienced traders who specialize in automated trading. The main objective of the company is to work with the ECN/STP model, providing clients with unimpeded access to liquidity providers. The firm was registered in the Virgin Islands, and its headquarters are located in Belize. The broker’s activity is monitored by the regulatory body BVIFSC according to the current license.
Yadix Trading Conditions
Yadix has all the major currency pairs, as well as a number of minor currencies. With corporate spreads as low as 10 pips, you can trade Gold, Silver, Brands and Crude Oil.
A huge variety of CFDs on indices, with spreads from 0.2 pips, including some of the world’s best known stock markets.
Trading platforms
Yadix works with the most popular trading platform – MetaTrader 4. MT4 is the platform of choice for most traders as it allows for fully automated Expert Advisor (EA) trading.
Moreover, it offers a number of built-in technical indicators, an extensive back-testing environment and an advanced charting package.
Types of trading accounts and their features
The brokerage company has several types of accounts available to traders.
Classic account:
- minimum deposit of $100;
- spreads from 1 pip; to
- leverage up to 500:1;
- Minimal deal size is 1 micro lot (0,01);
Rebate account:
- 100$ minimum deposit;
- Spreads from 1 pip;
- leverage up to 500:1;
- Minimal deal size from 0,05 lots;
Scalper account:
- minimum deposit $500;
- Spreads from 0.0 pips;
- Leverage up to 500:1;
Pro account:
- Minimum deposit $ 10000;
- Spreads from 0.0 pips;
- leverage up to 500:1;
- Minimum deal size 1 mini lot (0.1);
- Minimal deal size is 1 micro lot;
Demo Account
Traders can open a risk-free demo account through Yadix so as to practice trading on a true account with a mock balance. When signing up for an account, you’ll get to fill in some personal details, like name, country, email, and telephone number. You’ll then get a mock balance of $100,000.
Deposit and withdrawal
To perform financial transactions for deposit and withdrawal of funds on the site there is a huge choice of service providers. You can make a deposit in one of the following ways:
- bank transfer;
- electronic purse: WebMoney, Moneta, Qiwi, Yandex.Money;
- payment systems: Neteller, Skrill, FasaPay, InstaDebit, PaySafeCard, AliPay, CashU;
- credit or debit card.
To replenish the account, you need to enter personal cabinet. Current balance will be displayed in few minutes after depositing except for bank transfer. This transaction may take 3 to 5 business days.
Advantages and disadvantages of the dealer
Having carefully studied the information about the broker, we can note its strengths:
- regulation by the British Virgin Islands Commission;
- trading on multifunctional terminal MetaTrader 4;
- the possibility of using scalping strategies;
- social trading is available;
Of course, there are some pitfalls and like any dealing center Yadix has some disadvantages:
- registration in an offshore zone;
- delays in the withdrawal of profits.
Pros / Cons
Our Score
Yadix Dealing Center was founded by a team of traders who specialize in automated trading. The main objective of Yadix is to work with the ECN/STP model.