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04-30-2007, 06:03 PM
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Newbie Amateur
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Join Date: Apr 2007
Posts: 5
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Forex trading online::::FOREXYARD::::
Our Advantages
* No software download Java Applet
* Start trading live with as little as 100 USD
* Tailor made conditions for frequent traders
* Competitive spreads
* Trailing Stop Orders
* Credit Card Deposits
New to the Forex Market?
* Learn the basics of Currency Trading, with our Free Forex Trading Course
* Professional Trading Courses are also available for more advanced Forex traders
Choose Your Account:
Payment methods
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04-30-2007, 06:08 PM
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Newbie Amateur
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Join Date: Apr 2007
Posts: 5
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Why choose FOREXYARD?
FOREXYARD is one of the premier players in the "Online Currency Trading platform" market. FOREXYARD has assembled a team of dedicated, talented, and knowledgeable professionals to manage its operation, committed to delivering the very best Online FX Trading experience to our customers.
What makes our services better than the competition? Superior order execution, cutting-edge real-time trading tools. An online trading system that's fast, easy-to-use, secure, reliable and customizable. In addition, you will get quick, knowledgeable and helpful customer support, 24/7. In short, we're the complete package!
We give you everything you need to be a successful trader for $0 commission. We realize that for traders, an interruption in connectivity can be downright frightening, and that's why we've gone to such lengths here at FOREXYARD to make sure you would get a system with proven reliability.
We offer our clients a number of guarantees you won't find with other brokers. The promises we make to all of our customers reflect our commitment to delivering the best possible online currency trading experience. When you trade FX online via FOREXYARD, you can rest assured that you would get the following:
* Instant Deposit with Credit Card
* Start Trading in Minutes
* Fixed Spreads in All Markets, All the Time
* Continuous Quoting, with No Price Freezes
* Executable Quotes - Click on Any Bid or Offer
* No Slippage on Market, Limit, and Stop Orders*
* Negative Balance Protection - No Debits
* Unparalleled 24/7 Customer Support
* Establish A Margin Trading Account with as Little as $100
* No Software Download Needed
Instant Deposit with Credit Card
FOREXYARD allows you to fund your account with your credit card, so you can start trading immediately. FOREXYARD cares about protecting your credit card security as well as protecting your privacy to the highest standards. To achieve this, we use the latest technologies and comply with all relevant regulations. Please read our terms & conditions.
Start Trading in Minutes
With FOREXYARD you can open an account and start trading in minutes. By choosing our JAVA based trading platform you will not have to download any software and you can choose to fund your account via your credit card (depositing the margin required for the trading). Please note that due to security measures, the scope of deals on the first week of new users trading with FOREXYARD is limited. Such restriction will be removed making phone contact with our team.
Guaranteed Fixed Spreads
We offer clients a fixed dealing spread of 3 pips on EUR/USD and 3-5 pips on other major currency pairs. We will not widen spreads under any market conditions -- including during major economic news releases. Other brokers claim to offer 3 pip spreads yet routinely widen the spreads up to 10 pips or more during fast moving markets or thinly traded markets, such as the Asian trading session.
Continuous Quoting Guaranteed
We continuously post our bids and offers at all times, regardless of market conditions, giving you a fair chance to trade during important news events. Other brokers don't allow you to trade on big market making news -- they freeze their prices or widen their spreads when the market is volatile. At FOREXYARD, we never freeze our prices.
Guaranteed Executable Prices
Tight spreads are meaningless if you can't get filled at your price. This is a very subtle but critical point. The FX bid/ask prices you will see at FOREXYARD aren't simply vague indications of where the market is trading that mysteriously vanish when you place an order. Rather, these are executable quotes -- just click the current bid or offer, and the trade is immediately yours at that price. Other brokers honor their prices only when the trader is wrong, and almost never when prices are moving in your favor.
No Slippage Guaranteed*
When you trade currencies through FOREXYARD, your market orders are typically filled instantly, with no partial fills, and no discrepancy between the quoted price and the execution price. Stop orders are ordinarily executed without slippage, too. Many traders accept slippage as one of the realities of forex trading. It doesn't have to be. Even a few pips now and then add up quickly and eat into your trading profits.
No Debits Guaranteed
You'll never have to face a debit balance when you trade FX with us. If your equity falls below your margin requirement, our FX Trading Station will automatically close out your positions -- think of this as a final stop order, always working for your protection! Our margin policy eliminates concerns about debit balances by guaranteeing that your risk is limited to the funds you have deposited in your account.
Unparalleled 24/7 Customer Support
The services FOREXYARD offers include a dedicated, 24/7 Customer Support Center. You can always reach a real person with expertise in dealing, sales, technical support and operations. Most brokers claim to provide 24-hour support, but actually only run a skeleton crew that is unable to resolve major problems outside regular business hours.
* All stop-loss, limit and entry orders are guaranteed against slippage except in extraordinarily volatile market conditions. All quotes and trades are subject to the terms and conditions of the Client Agreement accessible through this website.
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04-30-2007, 06:10 PM
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Newbie Amateur
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Join Date: Apr 2007
Posts: 5
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Standard Dealing Details
Dealing Hours
The dealing desk is open 24-hours a day from Sunday 5:00 PM New York time until Friday 2:00 PM New York time. Quotations, order placement, and confirmation are available online. FOREXYARD does not allow voice/phone trading. Only in cases of emergency will FOREXYARD accept voice orders and for liquidation of open positions only. To close trades over the phone, please call the US toll-free number at 1-888-788-8235.
Dealing Spreads
Currency Pair...Spread.......Currency Pair....Spread
EUR/USD.........3 pips....... EUR/CHF..........7 pips
USD/JPY.........4 pips........EUR/CAD..........10 pips
USD/CHF........5 pips.......EUR/AUD..........15 pips
USD/CAD........5 pips.......GBP/JPY...........9 pips
GBP/USD........5 pips.......GBP/CHF...........15 pips
EUR/JPY........ 4 pips........CAD/JPY...........10 pips
AUD/USD........4 pips....... CHF/JPY...........9 pips
NZD/USD........4 pips....... AUD/CAD..........10 pips
EUR/GBP.........4 pips....... AUD/JPY...........8 pips
NZD/JPY.........10 pips...... AUD/NZD.........13 pips
FOREXYARD Maintains fixed spreads during normal market conditions.
Trade Size
All trades made over the FOREXYARD trading platform are executed in standard sizes of 10,000 base currency per one lot. The maximum allowed trading volume, however, is $5,000,000.
Here are some examples of a one unit trade size::
* U.S. Dollar/Japanese Yen (10,000 U.S. Dollars)
* Euro/U.S. Dollar (10,000 Euros)
* Euro/Great Britain Pound (10,000 Euros)
* Euro/Japanese Yen (10,000 Euros)
Smaller trade sizes are available via the FOREXYARD SuperMini account. Learn More...
Margin
FOREXYARD enables currency trading to be conducted on a highly leveraged basis. Every trader is able to select the degree of leverage or gearing that the trader wishes to employ in trading. Unless the trader specifies otherwise, FOREXYARD sets the leverage levels to the FOREXYARD's default margin levels for the deposited amount. The requirements for leverage vary with account size, and may be changed from time to time at the sole discretion of the dealing desk, based on volume traded and market conditions.
Up to 200:1 Leverage
Clients must have approximately 1/2% of the value of the positions they hold in their account for each lot of currency being traded (approximately 200:1 leverage). This amount does not change after 5:00 pm New York time, which is the rollover cut off, but stays constant at approximately 1/2% per lot the entire day and overnight.
Up to 100:1 Leverage For Trades Larger Than 100K
Clients must have approximately 1% of the value of the positions they hold in their account for each lot of currency being traded (approximately 100:1 leverage). This amount does not change after 5:00 pm New York time, which is the rollover cut off, but stays constant at approximately 1% per lot the entire day and overnight.
Up to 25:1 Leverage For Trades Larger Than 1ML
Clients must have approximately 4% of the value of the positions they hold in their account for each lot of currency being traded (approximately 100:4 leverage). This amount does not change after 5:00 pm New York time, which is the rollover cut off, but stays constant at approximately 4% per lot the entire day and overnight.
Margin Watcher
There is also an important safety feature embedded in this system that prevents clients from losing more money than they have in the account. Should the account equity - meaning the total floating value of the account - fall below the margin requirement of approximately 20% of the used margin, the dealing desk will close all positions. This protects the trader from losing more than the funds deposited into the trading account.
Rollover / Interest Policy
At 5:00 pm New York time, funds are subtracted or added to accounts with open positions because of the automatic rollover.
Note: On Wednesdays, the amount added or subtracted to an account as a result of rolling over a position tends to be around three times the usual amount. This "3-Day" rollover accounts for settlement of trades through the weekend period.
Why does Rollover take place? In the spot forex market, trades must be settled in two business days. If a trader sells 100,000 Euros on Tuesday, the trader must deliver 100,000 Euros on Thursday, unless the position is rolled over. As a service to our traders, FOREXYARD automatically rolls over all open positions to the next settlement date at 5:00 pm New York time. Rollover involves exchanging the position being held for a position expiring the following settlement date. The positions being exchanged are usually not valued at the same price. The amount of the difference varies greatly based on the currency pair, the interest rate differential between the two currencies, and fluctuates day to day with the movement of prices.
Types of Orders
The trading platform provides sophisticated order entry and tracking of market orders, entry orders, stop/limit entry orders, stop-loss orders and trailing-stops orders. All of the above orders are Good Until Cancelled (GTC), which is valid until the order is executed or cancelled.
Margin: Managing your Risk in the FX Market
By trading on margin, traders have the ability control positions much larger than their deposit. The margin deposit for leverage is not a down payment on a purchase of equity, as many perceive margins to be in the stock markets. Rather, the margin is a performance bond, or good faith deposit, to ensure against trading losses. This is very useful to short-term day traders who need the enhancement in capital to generate quick returns. However, leverage is a double-edged sword. Without proper risk management, this high degree of leverage can lead to large losses as well as gains. If the equity in your account drops below the margin required to maintain your open positions, the dealing desk will close all open positions. This guarantees limited risk. Once usable margin reaches zero, a margin call will ensue and all open positions will be closed by the dealing desk. To learn more about the margin watcher feature please contact the FOREXYARD staff, which is available 24-hours a day, 7 days a week to walk you through the trading station.
Last edited by youga; 04-30-2007 at 06:18 PM.
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04-30-2007, 11:30 PM
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Investor
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Join Date: Feb 2007
Posts: 145
Rep Power: 2
Points: 0
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wow. new broker on market. i hope this one will accept e-gold for deposit method.it will be alot easier
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05-05-2007, 02:01 AM
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Senior Investor
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Join Date: Jan 2007
Posts: 667
Rep Power: 5
Points: 60
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I think it is not good because spreads and minimun investment also high for newbie
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05-08-2007, 04:19 PM
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VIP Investor
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Join Date: Apr 2007
Posts: 1,181
Rep Power: 5
Points: 30
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Quote:
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* Start trading live with as little as 100 USD
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100 USD is little?? Woww!! I'm impressed. But for me, that's a big value if it on the net, becoz it's not easy to earn that
My level is maybe just with Marketive, becoz it's just can start with USD1
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05-08-2007, 08:25 PM
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Investor
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Join Date: Apr 2007
Posts: 236
Rep Power: 2
Points: 1
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I heard form many people talkin about forex ..
can you tell me exactly how can I win something with it ? How can I start ?
or something
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05-11-2007, 02:01 AM
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Senior Member
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Join Date: Apr 2007
Posts: 128
Rep Power: 2
Points: 0
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yeah, me too
Usually its easy to find out new sites with yahoo, but I cant found this there..
I love this rates, but I am stilldoubt..
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05-12-2007, 02:14 PM
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Amateur Investor
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Join Date: Feb 2007
Posts: 91
Rep Power: 0
Points: 0
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i'm pleased to read your big attractive topic but there is a little problem where is the link
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05-12-2007, 03:18 PM
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Newbie Amateur
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Join Date: May 2007
Posts: 2
Rep Power: 0
Points: 0
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thank you frieeeeeeeeeeeeeeend
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