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Compare Forex Brokers Forex Yard And FxPro


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Subjective Ratings

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Forex Yard

FxPro

Charting: Four star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Two 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 Four 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 Three and Half star Rollover interest rates Rating
Withdrawal processing: Four star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Three and Half star Average Rating Four and Half star Average Rating

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Business Details

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Forex Yard

FxPro

 
Registered Business Name: Forex Yard FxPro
Broker Headquarters: Cyprus Limassol, Cyprus
Also has offices in: None London, Nice, Vienna, Athens, Moscow
Regulated By: Unregulated - awaiting FSA approval CySEC and ECB through MiFID
In business since year: 2005 2006
Broker Capital as of 01-2009 Unknown Unknown
Client Account Segregation: HSBC (London) Hellenic Bank, Eurobank, HSBC
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
Credit Card $0 $0
Moneybookers $0 $0
NETeller $0 $0
PayPal $0 $0
Wire Transfer $0 $0
Main liquidity providers: Unknown FXPro is the counter party to all trades.

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Trading Details

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Forex Yard

FxPro

 
Browser platform: ForexYard Trading Station (Java - MAC compatible) FxPro WebTrader
Downloadable platform: ForexYard Trading Station FxPro Metatrader 4 (MT4)
Mobile platform: ForexYard Trading Station (Java - MAC compatible) FxPro WebTrader
Phone dealing: Yes Yes
Order processing: Market Maker Market Maker
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:
FXPro Account 500:1* $500/unlimited 10,000/unlimited
Swap-free accounts       No swap-free accounts available
Tradeable Instruments: 30    105   
No Dealing Desk Execution: No No
Typical spread on EUR/USD: 3 pips (0.0003) 0.8 pips (0.00008)
Fixed spreads: Yes No, spreads vary according to market liquidity
Guaranteed stop losses? Yes (some restrictions apply) 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 - no extra margin is used.
Automated Trading: No Yes, on MT4
Trading Hours: Sunday 21:00GMT to Friday 20:00GMT Sunday 22.00 GMT closing Friday 22.00 GMT
Timezone GMT GMT+2
Scalping allowed: No Yes
Account currencies available: USD CHF, EUR, GBP, JPY, USD
Platform languages: Arabic, Chinese, English, Finnish, French, German, Hebrew Arabic, Bulgarian, Chinese, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: Arabic, English, Finnish, French, German, Spanish, Swedish Arabic, Chinese, English, Farsi, French, German, Greek, Hindi, Italian, Japanese, Korean, Polish, Romanian, Russian, Spanish
Demo account: 30 days Unlimited
Live chat support: Yes Yes, very knowledgeable.
Interest on Margin: No No
Promotions & tournaments: 10% cash back. Free trading courses for accounts of USD5,000+ None

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