Renowned as a leading ECN/STP Forex Broker, Yadix caters to worldwide retail, institutional, and professional clients. This Broker particularly focuses on forex trading strategies. Its philosophy revolves around providing an unrestricted trading environment specifically tailored for forex scalping strategies, including using scalping systems and EAs (Expert Advisors). According to Yadix, clients are truly valued as the most precious asset.

Yadix provides traders access to one or more trading platforms that enable them to buy and sell foreign currencies effortlessly. These platforms are designed to be user-friendly, intuitive, and equipped with powerful tools to help you make informed trading decisions. With Yadix, you’ll have everything you need to navigate the exciting world of Forex trading.

Yadix is owned by Quantix FS Limited, a reputable financial services company with a registered office in Mahe, Seychelles, where they are authorized and regulated by the Financial Services Authority of Seychelles (FSA). 

It’s worth noting that some sources have suggested that Yadix is a Russian Broker based in the Virgin Islands. In this Yadix review, we will discuss all there is to know.

Supported Countries

Yadix offers its services to clients from various corners of the world. The list of countries where Yadix allows clients is impressive. These include Albania, Argentina, Armenia, the Bahamas, Bhutan, Chile, Cape Verde, the Cayman Islands, Colombia, India, Israel, Hungary, Iceland, Vanuatu, and Ukraine.

However, Yadix has some restricted regions, as every financial institution must abide by regulations and compliance measures. Unfortunately, Yadix does not currently offer its services to persons in the United States, North Korea, Iran, and Sudan. 

Customer Service Rating

Yadix has received 82 reviews on Trustpilot, with an overall positive sentiment. With a score of 3.8 stars out of a possible 5, it’s clear that many traders have had a great experience with this platform. One of the standout features that users frequently praise is the impressive Spreads of 0 pips and the low commissions offered on their ECN accounts. Another feature that has garnered praise is the up-to-date calendar feature provided by Yadix.

But, it’s also important to acknowledge that negative reviews about Yadix exist online. Some individuals have accused the platform of being fraudulent and lacking transparency. There are claims that Yadix calculates a negative balance after a bad trade and uses it against traders. This is in contrast to their advertised promise of offering negative balance protection.

YADIX Forex Trading Platforms

Yadix provides traders access to robust, user-friendly trading platforms that suit their preferences. Traders can pick from MetaTrader4 or any of its Mobile platforms.

• MT4: This advanced Forex trading platform is highly regarded for its comprehensive features and user-friendly interface. With MT4, traders can easily execute orders, manage trading accounts, and explore a range of trading strategies. Notably, the platform fully supports trading using Expert Advisors (EAs), making it a favorite among automated trading enthusiasts. Furthermore, MT4 caters to all trading strategies, including hedging and scalping, providing you with the necessary flexibility. With a wide array of trading tools and exceptional performance levels, it’s no wonder MetaTrader 4 has garnered awards and become a popular choice among Forex traders.
• Mobile Trading Platforms: Besides MT4, Yadix offers mobile trading platforms that bring the markets to your fingertips. These mobile apps cater to various platforms, ensuring traders can access the markets regardless of their device. For iPhone users, Yadix offers a dedicated trading platform that provides instant market access from anywhere without needing a PC. The iPhone trading platform is compatible with all Apple iPhone releases and can be easily downloaded from the Apple App Store. Similarly, the Yadix iPad Trader empowers traders with all the essential forex trading capabilities in a single view. By downloading the app for iPad or iPad 2, traders can make fast trading decisions at any time and from anywhere. Yadix provides the popular MT4 platform as an Android app as well. With instant access to real-time quotes, comprehensive trading capabilities, and a feature-rich platform, Android users can easily trade on the go.

Trading Denominations on YADIX 

Traders can only denominate their trading account in USD or EUR on Yadix. This may be a little restricting for some traders especially considering that most brokers offer more denominations.

Company Structure

Established in 2010, Yadix has earned a stellar reputation as an ECN/STP Forex broker, providing traders with many opportunities to thrive in the financial markets. The Broker is committed to offering tight spreads across all Forex pairs, ensuring that traders can make the most of every trading opportunity. Best Bid/Ask pricing allows you to access competitive rates that optimize your potential returns.

At Yadix, there are no restrictions on Expert Advisors or any trading strategies, allowing traders to trade in a manner that suits their preferences and goals. This flexibility empowers you to explore various trading techniques and maximize your profit potential.

As a leading ECN/STP Forex broker, Yadix prides itself on its advanced technology infrastructure. Through fiber-optic connections and global data centers on the Equinix financial exchanges, Yadix ensures superior trade execution and reliable connectivity. With trading terminals based in London, traders experience exceptional filling quality and lightning-fast execution.

When it comes to liquidity, Yadix has you covered. The Broker sources liquidity from 14 tier-1 banks, ECNs, and non-bank providers, ensuring ample liquidity for smooth trading experiences. While Yadix has received positive ratings from numerous satisfied customers on various review websites, it’s worth noting that no specific awards are mentioned on the Broker’s official website or elsewhere. 

YADIX Licenses and Regulatory Compliance

Regulation ensures that a broker operates transparently and adheres to strict financial standards. In the case of Yadix, the broker firm is regulated by

• The Financial Services Authority (FSA) with license number SD021;
• The Financial Services Commission FSC (British Virgin Islands) with license number IFSC/60/324/TS/17.

Some sources suggest that Yadix is also regulated by the International Financial Services Commission (IFSC). However, it’s important to note that no license number is available to support this claim.

YADIX Customer Protection

Yadix goes above and beyond to implement measures that safeguard traders’ funds and provide a transparent trading environment. Yadix follows a strict policy of segregating clients’ funds, ensuring that your money is kept in separate accounts. This practice adds an extra layer of security, protecting your funds in the unlikely event of any financial difficulties the Broker faces.

Yadix’s advanced systems are designed to protect your Account from reaching a negative balance, even in volatile market conditions. This means you can trade with peace of mind, knowing you won’t incur any debt beyond your initial investment.

Customer service

Yadix.com offers its clients multiple channels to connect with their customer support team. Whether you have a question, need assistance, or simply want to share your feedback, you can reach Yadix’s customer support team via Email, Telephone (+44(0) 20 3239 6117), Skype, or Live Chat. 

Trading Information

Yadix.com offers flexibility, competitive pricing, and efficient trading with trading hours that cater to your needs. From Sunday at 00:00 GMT to Friday at 00:00 GMT, you can trade whenever it suits you best. Yadix takes pride in offering tight spreads that start as low as 0.0 pips on major currency pairs.

Their commitment to optimized pricing and trading efficiency shines through their higher tick frequency sourced from 15 liquidity banks. While the Classic account comes without commissions, other account types may have different fee structures. For Scalper accounts, there may be commission fees of $7 per round lot, while Pro accounts have a fee of up to $5. 

YADIX Leverage

Yadix.com offers a wide range of leverage options, ranging from 1:1 to an impressive 1:500. The leverage available depends on various factors, including your chosen account type and the instrument you’re trading.

Deposits and Withdrawals

Deposits 

Yadix strives to provide a hassle-free deposit process by giving clients access to various deposit methods. Below is a table summarizing the available deposit methods.

Withdrawals

Yadix prioritizes promptness and aims to process withdrawal requests within 24 hours. They utilize secure withdrawal methods to safeguard your financial transactions. 

YADIX Trading Education and Training

Regarding trader education, Yadix believes in empowering them with the knowledge and resources they need to succeed in the forex market. Their comprehensive education center and powerful research tools offer a wealth of opportunities for new and experienced traders alike Here are some of the educational resources available:

• Education Center
• Expert Trading Insights
• Comprehensive Guides
• Real-Time Economic Calendar

Conclusion

Yadix Forex Broker offers a range of features and services that can be both advantageous and challenging for traders. Traders can benefit from real-time research tools and take advantage of promotional offers, such as deposit bonuses and free VPS services. 

On the positive side, Yadix provides competitive spreads, diverse trading instruments across multiple asset classes, and valuable educational resources.

However, it’s important to consider certain drawbacks. The controversy surrounding the regulation of Yadix raises concerns, and negative reviews found online highlight potential issues. High commissions on certain account types and minimum deposit requirements may not suit all traders. To make an informed decision, you should carefully weigh the pros and cons of Yadix Forex Broker and consider your trading preferences and requirements.