Founded in 2010, Yadix is an online trading broker that provides trading services to retail, institutional, and professional clients. They provide traders with the MT4 trading platform, for trading a wide variety of financial products across different asset classes, such as forex, commodities, indices, and more.
Yadix Review, Pros & Cons
- Popular MetaTrader 4 trading platforms
- A range of useful trading tools
- A selection of educational resources
- Multiple trading instruments
- Various account funding methods
- No USA clients
- Located offshore
- Not the tightest spreads
- Not the lowest commissions
- No FIX API for DMA
- No MetaTrader 5 platforms
In this detailed Yadix review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Yadix is an online trading that is based in Seychelles and operates the STP brokerage model, whilst providing traders with multiple trading platforms for trading a range of financial products online. The broker offers multiple account options with a required minimum deposit of $100, whilst trying to ensure fast trade execution by sending clients’ orders directly to its liquidity providers with no dealing desk intervention.
The Yadix brand is powered by Quantix FS Limited, a Financial Services Company, authorized and regulated as a Securities Dealer by the Financial Services Authority of Seychelles (“FSA”) with license number SD021.
The broker does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations. So, they do not accept clients from the United States of America.
Some Yadix features and products mentioned within this Yadix review may not be available to traders from certain countries because of legal restrictions.
Yadix provides traders with the popular MetaTrader 4 platform. The platform is fully customizable with an intuitive interface for easy navigation. MT4 has a large range of built-in tools for market analysis, and it supports automated trading via Expert Advisors (EAs). The MetaTrader 4 platform is available as a desktop application for Windows and Mac computers that requires installation, a non-installable WebTrader that runs directly on most modern web browsers, and mobile apps for iOS and Android devices.
Yadix Trading Tools
Traders are provided with a range of useful trading tools to ensure a hitch-free trading process. They include Economic Calendar, VPS, and more.
The broker has an ‘Education Center’, which contains materials that can help traders to learn how to trade forex, improve their trading strategy, and get trading tips from forex professionals. There is a series of learning e-books, videos, and an FAQ section.
The broker offers a wide variety of trading instruments across different asset classes, such as forex, commodities, indices, and more.
Yadix Accounts & Fees
Traders are offered multiple account options to meet their individual trading objectives and capital. The account types include Classic, Scalper, Pro, and Rebate Accounts. There is also the demo account option, which allows traders to practice risk-free trading with virtual funds.
As broker fees can vary and change, there may be additional fees that are not listed in this Yadix review. It is imperative to ensure that you check and understand all of the latest information before you open a Yadix broker account for online trading.
The broker provides traders with a customer support team that is on hand to give knowledgeable responses to their inquiries. They can be contacted through telephone, Live Chat, email, and social media.
Yadix Deposit & Withdrawal
Yadix provides a range of easy, fast, and secure deposit and withdrawal methods to suit all traders. They include bank wire transfer, credit/debit cards, and online payment processors, such as Skrill, Neteller, PerfectMoney, FasaPay, and more.
Yadix Account Opening
To register a live trading account, visit the account opening page and provide all relevant details. After that, you submit the required documents. Upon the creation of your account, you will receive an email notification.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Putting it all together, Yadix is an offshore-regulated online trading broker that operates the STP execution model whilst providing traders with the MT4 trading platform for trading multiple financial instruments. The broker also provides some useful trading tools and educational resources.
Forex commodities and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you understand fully the risks involved and do not invest money you cannot afford to lose.