8 reviews of Yadix are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
Fast funds withdrawal without commission
This is my preferable broker for trading forex as commissions are indeed very low. I have here free VPS and ecn account where my only costs of trading are $7 per round lot, no any additional fees. I am also very satisfied that there is no any commission on funds withdrawals. These are very fast, compared with other brokers where I previously had account. Every time it took me one day to receive my funds on my Neteller account
In my opinion rebate program is good here. I am trading major forex currencies, so for every round lot traded I am getting back $15. Spreads are not so high, goes from 1-2 pips for majors, for exotics is a bit higher from that.
I also have allowed leverage of 1:500, and mini lots are also available.
I have started trading indexes with this broker two months ago. There is nice list of all major indexes in the US and other important markets in the world. Conditions are fair, spreads are low some 5-7 pips on standard account. The good thing here is that there is leverage allowed 1:500 also for trading. I like this option :)
My previous broker was sending me rebates directly to my PayPal account. This was a real mess, so I gave up and switched to Yadix. What I like the most is transparency, as I am receiveing my rebates every time I close the position. It means a lot to me in order to follow my profitability
These guys will be big I bet in a couple of years if they keep it up, best support I’ve used. Some extra features that are nice like crypto to crypto exchanging. FX as expected. I think they might lack some credibility due to no phone number but that’s the norm in crypto I guess.
Cos of my strategy (EA) I have to look for specialist brokers that are hard to find or they are not transparent, I have wasted too many hours reading through blah blah, I register account and find broker is a scam. I found yadix after searching for STP broker and after reading Yadix site the information I am looking for is there, clear and without all the blah. 14 Tier 1 bank of liquidity providers convinced that I would definitely try the broker. The real time data available on their trading platforms along with extra ticks helps me to initiate different types of orders as per the market trends and shifts. This can be useful for those who utilize scalping technique since the spreads are quite low. Started from decent amount of $500 for better money management.
Yadix currently offers fewer accounts and harsher terms. However, why be surprised. The broker is old, and the information tends to become outdated. Now Scalper requires 500 bucks on the deposit. But there is no need to complain, since the spreads are practically zero, no more than 6-7 pips even for GBPJPY. These are the lowest spreads I've ever seen.
I tried Yadix as I read good reviews and comments especially about EA trading.
Trade execution is fast, spreads great and now the ECN commissions match and are competitive with other major brokers. EA works well and profits withdrawn quick, even with aggressive strategy that other brokers have told me that its "toxic trading", but no issue at Yadix so far.
I like no restrictions for Stop loss and Take profit, trade size minimum at 0.01 and maximum at 1000 lots (which I will never reach), no max number of trades and no margin taken in case I need to hedge.
I think where they can improve is a platform that is not MT4 based and add crypto to deposit/withdrawals, which they say they are doing, lets see.
Overall good experience so far.
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