YADIX

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Advantages:

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Disadvantages:

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About company:

Founded in 2014, Yadix offers Forex, Indices and Commodities CFDs, and Precious Metals trading on the widely used MetaTrader 4 platform.

Company. Fund security

Behind the brand is Quantix Financial Services Limited, which is licensed by the International Financial Services Commission (IFSC) of Belize. She also runs the IV Brokers brand.

Belize is a popular offshore hub with more liberal licensing requirements than other jurisdictions, but its regulatory regime is stricter than other offshore countries. IFSC has increased the minimum capital requirement for brokers from $ 100,000 to $ 500,000. In addition, the commission also increased the annual license fee from $ 5,000 to $ 25,000.

However, we generally advise traders to avoid offshore companies and invest in brokers regulated by more reliable authorities.

Moreover, there are two FPA Traders Court decisions against Yadix.

Trading conditions

Yadix clients can choose from several account types that provide NDD market execution, variable spreads, and up to 1: 500 leverage. Micro lots are available for all account types except Pro. Scalper & Pro account holders can take advantage of free VPS hosting services.

Spreads on no-commission accounts exceed the average range of 1.0-1.5 pips for the EUR / USD pair, while trading costs (spread + commission) on Scalper & Pro accounts are about 1.2 pips per standard lot, which is the standard value for the Forex industry.

Trading platforms

Yadix works with the most used terminal in the industry, MetaTrader 4 (MT 4). MT4 is the preferred platform for most traders as it allows for fully automated trading with so-called Expert Advisors (EA). Moreover, it offers a number of built-in technical indicators, an extensive testing environment and a set of charts.

Support service

Specialists answer traders' questions by phone, email, live chat and social networks.

Ways of payment

YADIX offers its customers a variety of payment methods: credit / debit card, bank transfer and the popular e-wallets Skrill, Neteller, CashU, Qiwi, WebMoney, FasaPay, Moneta, Yandex Money, iDEAL, PaySafeCard, MisterCash, AliPay.

Pros:

the site is Russified; MT4 is available.

Minuses:

offshore broker.

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Can the broker YADIX be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. YADIX received a rating of 1 out of 5 on our resource.