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Compare Forex Brokers Forex Yard And EXNESS


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Subjective Ratings

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Forex Yard

EXNESS

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

Visit Forex Yard Visit EXNESS

Business Details

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Forex Yard

EXNESS

 
Registered Business Name: Forex Yard EXNESS Limited
Broker Headquarters: Cyprus St. Petersburg, Russia
Also has offices in: None none
Regulated By: Unregulated - awaiting FSA approval EXNESS is in full compliance with the Russian Federation Financial Legislation
In business since year: 2005 2008
Broker Capital as of 01-2009 Unknown Unknown
Client Account Segregation: HSBC (London) Yes
Collect Taxes on Earnings: No No
Prohibit clients from: No No
Deposit/Withdrawal methods:
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
MethodDeposit FeeWithdrawal Fee
c-Gold $0 1%
CashU $0 3%
Credit Card $0 0.5%
Liberty Reserve $0 1%
Moneybookers $0 1%
Pecunix $0 1.5%
Perfect Money $0 1%
RBK Money $0 1%
WebMoney $0 0.8%
Wire Transfer $0 0.2%
Yandex Money $0 1%
Main liquidity providers: Unknown Unknown

Visit Forex Yard Visit EXNESS

Trading Details

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Forex Yard

EXNESS

 
Browser platform: ForexYard Trading Station (Java - MAC compatible) none
Downloadable platform: ForexYard Trading Station EXNESS Metatrader 4 (MT4)
Mobile platform: ForexYard Trading Station (Java - MAC compatible) none
Phone dealing: Yes Yes
Order processing: Market Maker STP (Straight Through Processing)
Account Types
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
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Expert 50:1* $100,000/unlimited 100,000/unlimited Spreads from 0.1 pips
Classic 100:1* $10,000/$99,999 10,000/unlimited Spreads from 0.4 pips
Mini 2000:1* $100/$9,999 1,000/1,000,000 units (cumulat Spreads from 0.7 pips
Swap-free accounts       Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 30    4   
No Dealing Desk Execution: No Yes
Typical spread on EUR/USD: 3 pips (0.0003) 0.1 pips (0.00001) on Expert Accounts, 0.4 pips (0.00004) on Classic Accounts, 0.7 pips (0.00007) on Mini Accounts
Fixed spreads: Yes No, best available buy and sell prices are presented
Guaranteed stop losses? Yes (some restrictions apply) No, all orders are executed at best available price
Trailing Stops: Client-side Client-side
OCO orders available: Yes No
If/then orders available: No No
Hedging capability: No Yes
Automated Trading: No Yes, on MT4
Trading Hours: Sunday 21:00GMT to Friday 20:00GMT Market opening on Sunday: 22.00 (GMT+0).Market close on Friday: 22.00 (GMT+0)
Timezone GMT GMT
Scalping allowed: No Yes, all trading methods are allowed.
Account currencies available: USD USD
Platform languages: Arabic, Chinese, English, Finnish, French, German, Hebrew Arabic, Bulgarian, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Spanish, Traditional Chinese, Turkish
Support languages: Arabic, English, Finnish, French, German, Spanish, Swedish English, Russian
Demo account: 30 days Unlimited, with re-deposits allowed.
Live chat support: Yes Yes - well above average in terms of patience and knowledge.
Interest on Margin: No No
Promotions & tournaments: 10% cash back. Free trading courses for accounts of USD5,000+ None

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