Yadix Review

Yadix Account Types and Features 

Classic Account 

The Classic account is designed to provide superior execution quality, lightning-fast speeds, and low spreads without charging any trading commissions. As a result, it is an excellent choice for experienced and inexperienced traders.  

When you open a Classic Account, you automatically become eligible for a 25% trading bonus on all deposits. This bonus protects you during drawdowns and is fully tradable, allowing you to lose the entire bonus amount without affecting your principal.  

Furthermore, the account has spreads beginning at 1 pip and a stop-out level of 30%, allowing you to maximize your account’s equity before a stop-out is triggered. 

Scalper Account 

Scalping, High-Frequency Trading (HFT), and other profitable trading systems are all supported by the Scalper account. It provides targeted liquidity to support these strategies effectively.  

The cost structure of this account type is one of its distinguishing features; commissions are charged at $/€ 3.50 per 100,000 traded, providing traders with low-cost and dependable access to robust liquidity. This ensures a high level of trading accuracy and dependability. 

Furthermore, traders with the Scalper ECN account have unrestricted access to institutional-level trading conditions. There are no restrictions or levels on stop-loss or take-profit orders, and there will be no re-quotes.  

The account offers the best bid/ask pricing, making forex trading transparent, fair, and beneficial. This is consistent with Yadix’s commitment to providing its clients with true trading freedom. 

The Scalper account is designed for speed and quality regarding execution statistics. The execution speeds are impressive, reaching as fast as 6 milliseconds.  

Furthermore, 99.4% of trades are completed in 15 milliseconds or less, and 78% of orders are completed at the requested price or better. This high level of execution efficiency is especially advantageous for traders who use strategies that require quick and accurate order fulfilment. 

Pro Account 

The Pro account offers traders unmanipulated “core” spreads sourced from over 14 liquidity providers, low ECN commissions and ultra-fast order filling, ensuring high-quality execution. This is especially advantageous for traders looking for low-cost, true ECN trading.  

The Scalper ECN account, on the other hand, charges commissions of $/€ 2.50 per 100,000 traded, providing low-cost and dependable access to robust liquidity.  

It also includes a free London VPS with an average ping time of just 2ms, which can significantly speed up trading and improve order execution accuracy. 

The Pro ECN account further enhances the trading experience by providing unrestricted access to institutional-level conditions. No restrictions on stop-loss or take-profit orders give traders true trading freedom.  

This account also promises fast and high-quality execution, with order execution times as fast as 6ms and 78% of orders filled at or above the requested price. 

Demo Account 

The Demo Account is an invaluable resource for traders looking to evaluate their trading strategies, evaluate the performance of expert advisors (EAs), and become acquainted with the trading conditions provided by Yadix.  

The demo account simulates a live trading environment with price feed and execution metrics, allowing traders to gain confidence in their trading strategies before investing real money. 

The Demo Account, which comes with $100,000 in virtual trading funds, is especially useful for traders who want to practice trading without risking their money. It enables them to comprehend market dynamics and become acquainted with Yadix’s trading software.  

Seasoned traders also benefit from the Demo Account because it allows them to examine the broker’s ECN/STP trading features, institutional-level trading conditions, and core spreads beginning at 0.0 pips without risking real money. 

Although the Demo Account cannot completely replicate live trading results, traders can take several steps to make their simulated trading as realistic as possible.  

Making reasonable assumptions, accounting for factors such as slippage and market volatility, and implementing sound risk management practices are all examples. This improves the Demo Account’s overall utility and effectiveness. 

Islamic Account 

The broker offers an Islamic account option for traders following Sharia law in their Forex and CFD trading. Swap-free accounts are designed to comply with Islamic principles prohibiting the accrual or interest payment.  

Furthermore, the absence of interest charges or earnings is a key feature of Yadix’s Islamic account, allowing traders to participate in financial markets without jeopardizing their religious principles. 

The swap-free accounts are all-inclusive and suitable for a wide range of traders. While they are intended for Muslim traders, they are also appropriate for those who prefer to avoid interest-based transactions for personal or ethical reasons.  

Furthermore, the Islamic account has no restrictions on the base currency or the level of leverage, giving traders much freedom. 

It is worth noting that Yadix is subject to the regulatory oversight of the Seychelles Financial Services Authority (SFSA). However, traders should be aware that the SFSA may not provide the same level of investor protection as other regulatory bodies.  

This is an important factor for traders to consider when choosing a broker for their Islamic trading needs. 

Do all the accounts support scalping? 

Yes, however, while the broker’s trading strategies are generally adaptable, the Scalper Account is specifically designed for scalping. 

What leverage can I get with an account? 

Leverage varies by account type but can reach 1:500.