ForexYard services a wide range of traders, both retail and professional, from all four corners of the world. ForexYard firm emphasizes the importance of building a good relationship with all of their clients, regardless of their experience or financial power, However, they deliver one of the best trading experiences for the experts among traders. Apart from the usual charting and trading software that are a necessity of being a currency broker, ForexYard implements a corporate research and analysis section which provides the firm's customers with daily, analysis and reports on the currency market.
They offer SuperMini Accojnt which requires a minimum deposit of $100, this is a moderate amount for this type of account packages. The minimum leverage is 10:1. The firm advises traders with an account balance below $1000 to begin with the SuperMini, as much as you invest more it will allow higher leverage eventually. This flexible approach facilitates a step-by-step learning process for the beginner, since he can increase his lot size, and leverage, in accordance with his performance.
Basically, if you got the money we suggest to try $2,000 minimum at ForexYard for you to benefit from the best terms they offer for such accounts.
This is a standard account offered to professional, experienced traders allows leverage up to 200:1, with customizable lot sizes, trailing stop orders, and allow the trading of gold, silver and oil, in addition to the numerous major and minor currency pairs.
ForexYard is a fully automated online broker and voice or phone trading is not allowed. As in most other firms, in case of emergencies the dealing desk of the firm will accept orders for the liquidation of open positions only.
Some questions will be discussed here, is the EUR headed Back to 1.60? and can the GBP remain in the levels of 1.97-1.98 and higher?
The Vulnerabilities of the US Dollars
The US Dollars weakened significantly this past week as rising oil prices revealed the vulnerabilities of the United States economy.
Oil prices are rising and the US dollar is falling, but is this the natural relationship between these two assets? Taking a look back at the two prominent oil shocks of the past four decades (1973 and 1979), we see that this is not necessarily the case.
1973 Oil Crisis: Initially Dollar Bullish, Eventually Dollar Bearish
In 1973, oil prices jumped 134% when the members of the OAPEC, which is OPEC plus Egypt and Syria, announced that they were no longer shipping oil to nations that supported Israel in its conflict with Syria and Egypt.
A quick overview of the services by AVAFX Trading Platform
AVA FX (AVA Financial LTD) is a forex broker based in Nicosia, Cyprus and was founded in 2006.
Features
Accepting US Clients
fixed spreads as low as 3 pips on EURUSD and 3-5 pips on other major currency pairs.
VIP Services which includes: teaching tools, fundamental and technical analysis, trading tips and recommendations, along with a private and individual forex broker who will guide you through.
Monday to Friday 24H support.
SSL (secure socket layer) technology to protect the privacy and account information of customers.
ForexYard is a reliable, and reputable firm that is committed to customer satisfaction.
Pros
Choice of web-based or downloaded trade platform.
Excellent customer support, including personal account manager.
Super mini account is great for beginners to trade with least amount of risk.
Registration and deposit process are short and simple.
Spot commodities, trade crude oil and gold.
Cashback promotions for new clients, get up to $1,000.
Cons
Do not allow scalping trades
withdrawing profits not too easy
Trading on this platform is not too intuitive
No Meta Trader 4 feed
UFXBank provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXBank traders can access the biggest market in the world 24 hours a day with ease. By keeping their platform, site and deposit process simple, safe and secure, UFXBank have become the web’s premier online forex trader.
