<a href="https://www.yadix.com/" rel="noopener noreferrer" target="_blank">Yadix</a>, a forex brokerage registered in Seychelles, offers a diverse array of currency pairs, as well as commodities and indices. This comprehensive review will delve into essential company details, available trading platforms, typical spreads, account options, security measures, and more. <h2>Yadix Overview </h2> Established in 2010 in Seychelles, Yadix operates under the regulation of the Financial Services Authority of Seychelles (FSA). With over 15 liquidity providers, including 14 tier-1 banks, and a workforce of more than 70 employees, the company boasts an annual revenue of $16 million. Catering to traders from Indonesia to the UK, Yadix aims to empower both beginners and experienced traders to excel in the financial markets. <img src="https://cdn.forexoverflow.io/images/1695795466965-5xuj6b1nlyr85bl-yadix.png"> <h2> </h2><h2>Trading Platform </h2> Yadix relies on the renowned MetaTrader 4 (MT4) trading platform, available for Windows, Mac, and Linux computers via their website. This platform enjoys high praise from numerous professional traders and ranks among the world's most popular forex software. MT4 is user-friendly, offering easy navigation through various assets, charts, and tools. It comes equipped with a rich selection of pre-installed indicators and charting tools designed to enhance trading efficiency. Users can even customize and install their own indicators, and executing orders with a single click simplifies opening and closing trades. <h2>Trading Instruments </h2> Yadix offers a diversified range of over 85 symbols across three main asset classes: <ul><li>Currency Pairs: Encompassing 57 major, minor, and exotic currency pairs, such as EUR/USD, GBP/EUR, and GBP/ZAR.</li><li>Precious Metals: Four precious metal CFDs involving gold and silver.</li><li>Energies: US and UK oil CFDs.</li><li>Indices: Thirteen global stock index CFDs.</li></ul> <h2>Spreads &amp; Commissions </h2> Commission charges vary according to account type on Yadix. Classic account holders pay no commissions, while rebate account users incur a $5 commission per lot. Scalper and pro account commissions decrease to $3.50 and $2.50, respectively. Typical spreads differ among account types and assets: For Classic and rebate accounts:<ul><li>EUR/USD: 1.6 pips</li><li>EUR/GBP: 1.7 pips</li><li>GBP/USD: 2.3 pips</li><li>FTSE 100: 5 pips</li><li>US Oil: 6 pips</li><li>Gold: 60 pips</li></ul> For Scalper and pro accounts:<ul><li>EUR/USD: 0.2 pips</li><li>EUR/GBP: 0.4 pips</li><li>GBP/USD: 0.4 pips</li><li>FTSE 100: 1 pip</li><li>US Oil: 2.8 pips</li><li>Gold: 20 pips</li></ul> <h2>Leverage </h2> Yadix offers flexible leverage ranging from 1:1 to 1:500. A leverage rate of 1:500 enables users to open positions worth $50,000 with a $100 deposit. However, it's crucial to implement effective risk management, as higher leverage can amplify both profits and losses. <h2>Mobile Apps </h2> Yadix traders can engage in mobile trading through the MT4 mobile app, available on iOS (iPhone and iPad) and Android (APK). The user-friendly application simplifies trading on mobile devices and offers optimized versions for tablets. These applications feature a wide range of charting options, technical indicators, timeframes, order types, and more. <h2>Payment Methods </h2> Yadix supports various funding methods, making the broker accessible to traders across diverse geographical regions. The minimum deposit for all methods is $100, with Skrill deposits capped at $25,000. Deposits are swiftly and automatically credited, although Neteller may require a few minutes for proof of funds verification. The comprehensive list of available methods includes Qiwi, Skrill, AliPay, CashU, iDEAL, Neteller, FasaPay, M-PESA, Bank Wire, Paysafecard, Perfect Money, Local Banks Asia, and Debit/Credit Card. Yadix imposes no withdrawal limits, whether minimum or maximum, and processes withdrawal requests on the same day. Withdrawals can be executed through Skrill, Neteller, FasaPay, Bank Wire, or Credit/Debit Card. <h2>Demo Account </h2> Yadix provides a demo account that allows users, whether beginners or experienced traders, to practice with virtual funds. Upon opening a demo account and signing in with login credentials, users receive $100,000 in virtual trading capital. New traders can utilize this account to acquaint themselves with the MetaTrader 4 platform, while seasoned traders can test various strategies. <h2>Deals &amp; Promotions </h2> Yadix offers a range of bonuses and promotions for new customers, including:<ul><li>Rebate Program: Earn up to a $15 rebate per lot, irrespective of winning or losing trades.</li><li>100% Welcome Bonus: Deposit a minimum of $100 and receive a 100% bonus, up to $250.</li><li>Free London VPS: Receive a free London VPS with an average ping time of 2ms for ultra-fast execution.</li><li>50% Extra On Next Five Deposits: Sign up with the promo code to enjoy a 50% bonus on your next five deposits, up to $2,500.</li><li>Welcome Gifts: The promotion offers a chance to win exciting gifts such as an iPhone 11, Galaxy S10e, or MacBook Pro. Yadix does not currently offer a no-deposit bonus, so it's advisable to check the website for the latest promotional offerings.</li></ul> <h2>Regulation &amp; Licensing </h2> Yadix is registered and regulated in Seychelles by the Financial Services Authority of Seychelles (FSA) under license number SD021. It's important to note that the FSA is not considered a top-tier regulatory authority like CySEC or the FCA. Therefore, caution is advisable when trading with Yadix. <h2>Additional Features </h2> To enhance the trading experience, Yadix offers various additional features:<ul><li>Signals: Access thousands of forex trading signals, with the ability to review each signal's past performance before making a decision.</li><li>Forex Economic Calendar: Stay updated on economic events, news, and indicators affecting the forex markets with Yadix's real-time economic calendar.</li><li>Yadix Education Centre: Access a dedicated education section with e-books and videos designed to build traders' knowledge and confidence in the world of trading.</li></ul> <h2>Account Types </h2> Yadix offers multiple account types to cater to different trader needs: <ul><li>Classic Account: Features a 100% welcome bonus, spreads from 1 pip, no commissions, $100 minimum deposit, and STP execution only.</li><li>Rebate Account: Offers a $15 rebate per lot, spreads from 1 pip, EUR/USD 5 per lot per side, $250 minimum deposit, and STP/ECN execution.</li><li>Scalper Account: No promotions, spreads from 0 pips, EUR/USD 3.50 per lot per side, $500 minimum deposit, and ECN execution only.</li><li>Pro Account: No promotions, spreads from 0 pips, EUR/USD 2.50 per lot per side, $5,000 minimum deposit, free VPS, and ECN execution only.</li></ul> <h2>Trading Hours </h2> Trading hours on Yadix vary depending on the asset class. Over-the-counter forex pairs can be traded 24/7, while other forex pairs follow normal market sessions. Indices and commodities align with the respective exchange trading hours. <h2>Customer Support </h2> Effective customer support is crucial in any business, and Yadix offers various communication channels for assistance, including phone, email (<a href="mailto:support@yadix.com" rel="noopener noreferrer" target="_blank">support@yadix.com</a>), Instagram, Facebook, LinkedIn, and Twitter. <h2>Safety &amp; Security </h2> Yadix places a strong emphasis on safety and security. The broker ensures high levels of fund protection, keeping client capital separate from company funds to prevent misuse. <h2>Pros:</h2> <ul><li>Diverse deposit options, including fiat and crypto, with fast processing times.</li><li>Comprehensive suite of trading tools, including forex signals, VPS hosting, and copy trading.</li><li>Choice between STP and ECN accounts with rapid execution speeds.</li><li>Educational content catering to beginners, including integrated videos.</li><li>Provision of a free MT4 demo account with $100,000 in virtual funds.</li><li>Regular rewards and financial incentives.</li><li>High leverage of up to 1:500.</li></ul> <h2>Cons:</h2> <ul><li>Regulation from the Seychelles Financial Services Authority (FSA) may impact safety perception.</li><li>Limited product portfolio without stocks and crypto.</li><li>U.S. clients are not accepted.</li></ul> Yadix stands as an exciting forex broker based in Seychelles, offering a diverse range of asset classes and a variety of account options to suit different trading needs. With user-friendly tools, educational resources, and enticing promotions, Yadix aims to empower traders to thrive in the fast-paced world of financial markets. Yadix Brokers Details <img src="https://cdn.forexoverflow.io/images/1695795791251-vvd35ctp1i2wwej-yadix-broker-details.png">&nbsp;Disclaimer: - We at forexoverflow do not endorse neither refer anyone to trading broker websites. The information is for educational purpose and source of information is from the broker website.

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Discover Yadix, the Seychelles-based forex broker in our comprehensive 2023 review. Explore its regulations, trading platforms, instruments, pros, and cons. Make an informed choice in the world of forex trading.

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