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Compare Forex Brokers Easy Forex And Forex Yard


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Subjective Ratings

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Easy Forex

Forex Yard

Charting: One star Charting Rating Four star Charting Rating
Execution: Five star Execution Rating Four star Execution Rating
Transaction costs (spreads): Three star Transaction Costs (spreads) Rating Three star Transaction Costs (spreads) Rating
User-friendliness: Four star User-friendliness Rating Four star User-friendliness Rating
Platform Functionality: Three star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Four and Half star Customer Support Rating Three and Half star Customer Support Rating
Rollover interest rates: Zero Rollover interest rates Rating Three star Rollover interest rates Rating
Withdrawal processing: Five star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Three and Half star Average Rating Three and Half star Average Rating

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Business Details

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Easy Forex

Forex Yard

 
Registered Business Name: Easy Forex US Ltd. Forex Yard
Broker Headquarters: Limassol, Cyprus Cyprus
Also has offices in: Chicago, Melbourne, Sydney, Manila, Tel Aviv None
Regulated By: * ASIC AFSL (Australia);
* CySEC (Cyprus);
* CFTC & NFA (USA)
Unregulated - awaiting FSA approval
In business since year:   2005
Broker Capital as of 01-1970 $10,606,977 Unknown
Client Account Segregation: Basler Kantonalbank HSBC (London)
Collect Taxes on Earnings: No No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Not loaded
MethodDeposit FeeWithdrawal Fee
Diners Club $0 $0 (Standard) or $10
MasterCard/Maestro $0 $0 (Standard) or $10
Visa $0 $0 (Standard) or $10
Wire Transfer $0 $0 (Standard) or $25
Main liquidity providers: UBS, RBS (Royal Bank of Scotland) Unknown

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Trading Details

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Easy Forex

Forex Yard

 
Browser platform: Easy-Forex® (proprietary) ForexYard Trading Station (Java - MAC compatible)
Downloadable platform: No ForexYard Trading Station
Mobile platform: Easy-Forex® (proprietary) ForexYard Trading Station (Java - MAC compatible)
Phone dealing: Yes Yes
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
VIP Account 200:1* $10,000/unlimited $1,000,000/unlimited
Mini Account 200:1* $200/$499 $2,500/unlimited
Platinum Account 200:1* $500/$4,999 $50,000/unlimited
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Standard Account 200:1* $1,000/unlimited 10,000/5,000,000
SuperMini Account 200:1* $100/$999 ($1,000+ automatic u $1,000/unlimited
Swap-free accounts        
Tradeable Instruments: 21    30   
No Dealing Desk Execution: Yes (dealing desk available on request) No
Typical spread on EUR/USD: 3-7 pips, depending on account type 3 pips (0.0003)
Fixed spreads: Yes (except after-hours) Yes
Guaranteed stop losses? Yes Yes (some restrictions apply)
Trailing Stops: None Client-side
OCO orders available: No Yes
If/then orders available:   No
Hedging capability: Yes No
Automated Trading: No No
Trading Hours: Sun. 20:00GMT - Fri. 21:00GMT (trading outside these times available but incurs higher spread costs) Sunday 21:00GMT to Friday 20:00GMT
Timezone GMT GMT
Scalping allowed: No No
Account currencies available: AUD, CAD, CHF, EUR, GBP, ILS, JPY, NOK, NZD, PLN, SGD, USD USD
Platform languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish Arabic, Chinese, English, Finnish, French, German, Hebrew
Support languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish Arabic, English, Finnish, French, German, Spanish, Swedish
Demo account: 15 days 30 days
Live chat support: Yes (Monday-Friday 06:00am GMT until 4pm GMT) Yes
Interest on Margin: No No
Promotions & tournaments:   10% cash back. Free trading courses for accounts of USD5,000+

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