Broker is very friendly and helpful. Fast withdrawal - it takes maximum 2 days to transfer money from my account. Low commissions on ECN account, which is crucial for cutting down all expenses. I also received an accounting support on how to minimize taxes from FX trading profit. It is authorized in almost all countries. What else do I need?
I’ve never met the customer support worse than this one. There were difficulties with withdrawal to Skrill, the money was withdrawn but I could not see it on my Skrill account. My messages were remained without any reply until the fourth time when she tells me something like: “all questions should be asked to the payment system not to ForexYard”. No payment history and details offered, no excuses, no assistance rendered. In a couple of days the money was returned to the broker account. The system informed of some error. ok. I’ve made an attempt to withdraw to my VISA card and now I am waiting when two days pass… now pause in trading because if there are such problems with paying out, there is no sense in continuing.
Tuesday,21th of August 2008 , I opened a forex traders<br />
account (SuperMini) with a company by the name FOREXYARD.COM.<br />
Something I today certainly regret ...After some suspicious readings I<br />
started to "clock" them and ran 3 traders accounts simultaneously while<br />
trading as I have earlier been pretty puzzled over a few things<br />
regarding the occasional timing versus movements of the chart indicators<br />
and the "data-feed" FOREXYARD provide for their clients.Cant say I was<br />
surprised to find that the feedings & readings simply didnt "match" and<br />
the synchronicity was a joke...There<br />
is no question in my mind that these folks is simply making a living on<br />
stealing other peoples money by introducing the necessary oscillations<br />
in your quotes to help you lose so they can pocket your balance...<br />
Today I have gained more experience and knowledge and do realize that<br />
virtually all forex brokers are bucketshops.They don't really b u y or<br />
sell the currencies for you when you place o r d e r s .<br />
They just keep your money, and simulate trades (bucketing), since most<br />
traders lose money, they make every dollar their clients lose.<br />
I showed my "readings" to some of my friends that also enjoy the world<br />
of trading whom suggested that I send my<br />
screenshot-chart-signature-material in its entirety to the<br />
NFA or another larger investigating body for a comment but I thought I<br />
would first post my experience on the "Theforexreviewer" wich seems to be <br />
a good place to start with.<br />
I was thinking , couldnt a forex chart signature from that very day and<br />
minutes perhaps be seen as a "historic fingerprint and evidence" when<br />
compared with true market activity?<br />
18th of April 2008 I lost 600 dollars on their methods and decided <br />
after a large number of letters to them without any results or refunds<br />
of any kind to withdraw my remaining 324.99 USD wich I did on 29th of<br />
December 2008(see copy below).<br />
Until this day I have still neither heard from them or received my<br />
I have read at other forums about other peoples unability to get their<br />
own money back after withdrawals from FOREXYARD.COM so ,again, Im not<br />
----------EMAIL COPY OF MY WITHDRAWAL ATTEMPT----------------------<br />
Date Mon, 29 Dec 2008 8:01 AM ( 4 months ago )<br />
From "FOREXYARD Withdraw Request" <br />
To "Myname" <br />
Subject FOREXYARD Withdraw Request (TRID: 314446) <br />
Dear "xxx",<br />
Your withdrawal request of 324.99 USD from SuperMini Account #1573 has<br />
been registered. The transaction will be applied within 96 hours. Until<br />
then you still have the opportunity to cancel your withdrawal and return<br />
the sum to your FOREXYARD account. Your Transaction ID is 314446.<br />
FOREXYARD Customer Support<br />
TEL: 1-212-796-6939<br />
htt p s://ww w.forexyard.com/<br />
Despite many things , I do enjoy forex trading and the "gambling<br />
factor" thats involved in it.<br />
Nevertheless I have worked hard for my money and it doesnt exactly make<br />
you happy to see your hard earned money get stolen by these unscrupulous<br />
figures.A loss is a loss and its something I would certainly accept as<br />
long as it happens in a fair and natural trading enviroment.<br />
This was the way I felt as a beginner anyway..Today I know considerably<br />
So what should I do? I certainly would like to get my money<br />
back,preferably the whole sum of 1000 USD...Shouldnt I be able to sue<br />
Cant help but wonder how these folks sleep at night? Perhaps thinking<br />
just before tucking in , "Another good days work "...Sad group of people...<br />
Thank you for your time...<br />
Has anyone else have a live trade comment about forexyard?
sorry but the above comment is a total lie there demo account spread is very different from there real live spread, when I wanted to fund my account due to a near margin call their funding system was close, scam keep away from them. Just type there name in and see other negtive reviews there pips are not in line with real time pips fraud
Excellent executions and very good customer service. Also trade with FXCM, and it seems like the main advantage for Forexyard is during new announcements. They have fixed spreads and you can take advantage of guarnteed stops and limits under any market conditions.
Would you like to know if ForexYard is trustworthy? Many traders are afraid of opening an account with the 'wrong' company, as they have heard enough about the bucket shops and fraudulent activities in the field of currency trading. However, most of the forex companies are in fact secure, with responsible and honest operational practices; it is just important to choose the FX broker right.
Along with other factors that need to be taken into consideration, the potential client should get acknowledged with reviews of traders already registered with ForexYard. Of course, the reviews can be of different kind, positive as well as negative, as it is unreal to find a broker matching everyone's expectations. But, taking a notice of the ratio between good and bad impressions, you can understand and conclude for yourself, whether this broker is credible.
Our team sees that the traders' reviews published with us are objective, realistic and do not contain any advertisement or subvertisement on ForexYard.
Since formation, FOREXYARD has utilized the experience of professional forex traders, as well as internet and financial sector specialists in order to successfully establish itself as one of the premier online brokerages operating in today's market. We offer a secure, dynamic trading platform...
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