Yadix Review 2021
Yadix was established in 2010. The broker is regulated by the Financial Services Authority (FSA) of Seychelles.
Yadix specializes in providing access to international financial markets based on the STP (Straight Through Processing) Model. This model implies that the company takes transactions directly to the liquidity suppliers. In 2020, Yadix announced it had over 15 liquidity providers on Forex, including a number of top world’s banks and investment companies
STP model implies direct processing, without the involvement of a dealing center, which eliminates conflict of interests and requotes. The system helps traders improve efficiency of trading through low spreads from 0 pips and super-fast order execution (5 ms on average).
The broker offers services for a wide range of customers, although Yadix has the most beneficial conditions for active traders. In particular, there is an account with preferential trading conditions for scalpers. In addition, the broker has no restrictions on different styles of high-speed trading, including trading inside the spread.
The trading servers of the company are located at Equinix LD4 data center, where the banks, providing liquidity, are linked between each other through an FX bridge, which helps reduce the level of delays and increase order execution speed.
Key features of the broker
|Regulation||Seychelles (FSA). License No. SD021|
|Commissions and fees||Low|
|Minimum deposit||100 USD|
|Period for opening an account||30 minutes, with verification – 2-3 business days|
|Options for passive income||Ready investment strategie|
|Withdrawal fee||Fees charged by payment systems|
|Withdrawal to credit/debit card||Yes|
|Deposit and withdrawal via cryptocurrencies||No|
|Deposit from electronic wallets||Yes|
|Account currencies||USD, EUR|
Commissions and fees
Yadix is notable for low levels of commissions on Pro and Scalper accounts designed for active trading. In particular, on a more advanced account Pro, the commission per execution of 1 lot on Forex is $2.5, which is one of the lowest in the market. On the Classic Account, the commission is charged as a spread, which is average in the market and starts from 1 pip.
Yadix is mainly a broker for active traders and scalping. However, there is also an option for passive investment. Traders can open a special investment account and invest funds into proven investment strategies.
Yadix offers four types of trading accounts, which differ in the level of commission, the list of instruments and minimum deposit. STP or STP/ECN model of order execution is used on all types of accounts, which implies direct entry of trades to the market.
We’ve reviewed the features of all types of accounts on Yadix
This type of account is suitable for the beginners. It is the only type of the account with a welcome bonus – up to 100% of the deposit. It also has the lowest minimum deposit – from $100. The spreads on this account are average – from 1 pip for the most liquid pairs. There are no commissions on this type of account.
This account provides a possibility to receive a partial return of the spread – rebate. The size of the rebate can reach $15 per lot. There is, however, a $5 commission per lot and the spread from 1 pip. The minimum deposit is $250.
This account is excellent for active trading. It is distinguished by the spread from 0.0 pips and a small commission - $3.5 per lot. The minimum deposit is $500.
This account is similar to the Scalper account – the broker offers market-level spreads from 0.0 pips, while the commission is even lower at $2.5 per lot. This is also the only account with free VPS. However, the minimum deposit is $5,000.
Deposit and withdrawal
The broker accepts all main deposit and withdrawal methods, including wire transfers, Visa/MasterCard debit/credit cards, and also popular payment systems Skrill, Neteller and FasaPay. Deposit and withdrawal are automated and in the majority of cases are processed on the same day.
The broker offers a popular MT4 platform for trading.