YADIX Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：YADX, founded in 2002, is a brokerage registered in Seychelles. The trading instruments it provides cover forex, commodities, indices.

YADX Review Summary
Founded	2002
Registered Country/Region	Seychelles
Regulation	FSA (Offshore regulated)
Market Instruments	Forex, commodities, indices
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1 pip (Classic account)
Trading Platform	MT4
Copy Trading	✅
Minimum Deposit	$100
Customer Support	Phone: +44 (0) 203 239 6117
	WhatsApp: +447596259255
	Email: support@yadix.com
	Skype: yadix.forex
	Telegram: @YadixForex
	Physical Address: Seychelles, Orion Mall, Palm Street, Victoria

YADX Information

　　YADX, founded in 2002, is a brokerage registered in Seychelles. The trading instruments it provides cover forex, commodities, and indices.

Pros and Cons

Pros	Cons
Various payment options	Offshore regulation risks
Demo accounts available	No Islamic trading account
Three types of trading accounts
MT4 trading platform supported
Copy trading available
No deposit/withdrawal fees

Is YADX Legit?

　　YADX is regulated by the Seychelles Financial Services Authority (FSA) in Seychelles. Its license number is SD021 and its current status is offshore regulated.

Regulated Authority	Current Status	Regulated Country	Regulated Entity	License Type	License Number
Seychelles Financial Services Authority (FSA)	Offshore Regulated	Seychelles	Quantix FS Ltd	Retail Forex License	SD021

What Can I Trade on YADX?

　　YADX offers traders the opportunity to trade forex, commodities, and indices.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type & Leverage & Fees

　　YADX offers 3 different types of accounts to traders - PRO Account, Scalper Account and Classic Account. The minimum deposit is $100. It also provides demo accounts.

Account Type	Pro Account	Scalper Account	Classic Account
Minimum Deposit	$2,500	$500	$100
Leverage	Up to 1:300	Up to 1:500
Spread	From 0 pips		From 1 pip
Commission	$2.5 per 100,000USD	$3.5 per 100,000USD	0

Trading Platform

　　YADX's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android devices.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC, Mac, Web, Mobile	Beginners
MT5	❌	/	Experienced traders

Copy Trading

　　YADX's copytrading offers an opportunity to automatically follow good traders and monitor the markets.

Deposit and Withdrawal

　　The broker doesn't charge deposit fees or withdrawal fees. It supports 12 tpyes of payment methods: Skrill, Neteller, Credit Card, Debit Card, Bank Wire, Perfect Money, FasaPay, BitWallet, Bitcoin, Ethereum, Tether. The minimum deposit is $100.

Payment Methods	Accepted Currencies	Minimum Deposit	Minimum Withdrawal	Deposit Time	Withdrawal Time
Skrill	EUR, USD	$100 USD	0	Automatically	Same Day
Neteller				Minutes
Credit Card				Automatically
Debit Card
SEPA - Bank Wire	USD			Minutes
SWIFT - Bank Wire
Perfect Money	EUR, USD			Automatically
FasaPay	IDR, USD
BitWallet	EUR, USD
Bitcoin		$500 USD		Minutes
Ethereum
Tether