Yadix Forex broker review — Everything you need to know

Yadix is a Forex broker that advertises itself as a broker that provides the lowest spread accounts. As a result, spreads are from 0 pips on major pairs. It is an STP broker that has been around since 2010, which makes it very experienced in the brokerage industry.

Yadix actively promotes its copy trading features, enabling traders to replicate successful traders’ performance. For its low spreads, the broker charges commissions of 2.5 USD per side per lot, which is actually very competitive as the standard commissions are usually 7 USD per lot.

In this unbiased Yadix review, we will assess the broker’s safety, extra features, website, assets, platforms, spreads, deposits, withdrawals, support, and more.

Yadix safety and security policies

Yadix is a regulated Forex and CFDs broker that is overseen by the Financial Services Authority of Seychelles (FSA). This regulator is not very strict, and there is still plenty of room for scams and fraud. However, it is still much better than being unregulated.

As for the policies, Yadix is a member of the investor compensation fund and keeps trader funds in segregated bank accounts. This is an important policy that prevents the broker from touching client funds. The broker does not provide negative balance protection, which is an important policy that prevents traders from losing more than their initial investment. This policy is especially important when trading with high leverage, and the absence of negative balance protection is a serious downside of this broker. However, the broker offers negative protection for its bonus trading account, which is a promotional trading account with better conditions.

Yadix Overview of the website

Yadix website is well-organized, and all necessary information is provided clearly and concisely. A user-friendly website is important in the FX industry, where traders need to find all necessary information regarding trading services and ensure the trading account conditions coincide with their strategy needs. Yadix offers a user-friendly and responsive website, which is important. There is information listed about accounts and all other important conditions. The live chat is not built into the website, and when the user clicks on it, it redirects to a new page, which is not convenient.

Overall, the Yadix website is fast and easy to use, offering all the important information about conditions to traders.

Yadix Accounts Reviewed

Yadix offers several account types, including Classic, Scalper, and Pro. The Classic is a standard account, while the scalper is an ECN account. The pro account is a VIP account for experienced traders and offers additional features. Let’s review each of them to define how competitive the broker truly is. The broker also provides access to demo accounts, which are necessary for practice, and traders can also use them to check trading conditions with Yadix.

Yadix Classic Account

The classic account is for general financial trading and offers spreads from 1 pip on major FX pairs while charging 0 commissions based on trading volume. The maximum leverage is 1:500, and the minimum deposit is 100 dollars. There is a free copy trading tool offered for these account holders, which is flexible. Minimum lot size is 0.01 lots, execution type is STP, and hedging and EAs are allowed. There is a 25% Bonus or an iPhone 15 Pro Gift offered for this account as a promotion.

Yadix Scalper Account

The Scalper account by Yadix is for scalpers and traders who trade low timeframes for intraday setups. The account offers spreads from 0 pips but charges commissions of 3.5 USD per lot side. The minimum lot size is 0.01 lots, the minimum deposit is from 500 USD, and maximum leverage is 1:500. There are no promotions offered, such as deposit bonuses, for this account, which is a downside.

Yadix Pro Account

This trading account is for VIP clients and has a minimum deposit requirement of 2,500 USD, which is actually very competitive. The leverage is up to 1:500, and the minimum lot size is 0.01 lots. This account offers spreads from 0.0 pips on major pairs and charges commissions of 2.5 USD per lot per side, which is very competitive. In addition to all the features offered by other account types, such as hedging, EAs, and free copy trading, the Pro account also offers free VPS and trading signals services, which is very flexible.

Yadix Bonus Account

The Yadix bonus account offers even higher leverage than other account types, capped at 1:1000, which is attractive for traders with low budgets. The minimum deposit is 50 USD, and this account offers negative balance protection, unlike other accounts.

This account provides a 50% deposit bonus for every deposit. There are no trading commissions, and the stop-out level is 30%.

Deposit and withdrawal options at Yadix

Deposits and withdrawals at Yadix are conducted using several payment methods such as Skrill, Neteller, bank cards (Visa and MasterCard), wire transfers, perfect money, bitcoin, tether, and BitWallet. This is diverse and traders can select their comfortable method, which is very flexible. There are no fees charged for deposits, and they are instantly processed.

Withdrawals are processed within the same day, which is very competitive. All payment methods are also available for deposits, and there are no limits for minimum withdrawals. There is also no limit on the maximum amount of withdrawals.

Yadix Assets — What can you trade?

The broker offers access to several asset classes such as Forex pairs, commodities, and indices. There are no other assets available, such as cryptos and shares, which is a downside for the broker. The leverage is up to 1:1000, which is more than enough to control considerable trading sizes.

Trading platforms of Yadix

When it comes to trading platforms, Yadix offers access to the advanced trading platform MetaTrader 4 (MT4). The platform supports both custom indicators and Expert Advisors (EAs). Mobile trading is available via the MT4 mobile app, and there is a desktop terminal as well. Mobile MT4 is accessible from both Android and iOS on any mobile device. The broker allows traders to use EAs, which are useful for algo traders, and there is also a free VPS service for Pro account users.

Education at Yadix

Yadix does provide flexible educational resources. However, there are no webinars, trading courses, or tutorials provided. Because of this drawback, the broker is not suited for beginner traders who need to access learning materials. There are only educational articles, which are not enough to go from zero to hero mode in F trading.

As for the tools, the broker offers access to the economic calendar, copy trading (free), trading signals, and a free London VPS service.

Yadix Customer Support

Yadix customer support is provided via live chat, email, and phone support channels. The live chat is provided via the website, and traders have to click it to open a new tab where they can contact the broker and resolve issues. However, there is no built-in plugin that provides a pop-up window for live chat, which is a minor drawback. The website of Yadix is available in multiple languages, which is attractive.

Yadix bonuses and promotions

The broker offers several bonuses and promotions. There is a dedicated bonus account that offers a 50% bonus on every deposit. Apart from dedicated bonus accounts, the broker also offers 25% bonus and 20% classic deposit bonuses, which are competitive. Traders can also win an iPhone 15 and an iPhone 16 in several giveaways, which is also very attractive. Traders have to trade 50 lots within 90 days to get the iPhone 16 Pro, which is an attractive offering for traders who trade with high lot sizes.

Is Yadix your broker? Final verdict

Yadix positions itself as a competitive Forex broker that offers low spreads, diverse account types, and attractive bonuses. The broker was launched in 2019 and is regulated in Seychelles by the FSA. The broker offers a user-friendly website and allows access to the MT4 platform. Commissions are competitive, and deposits and withdrawals are fast. There is a free VPS service provided for premium users. However, the absence of negative balance protection and limited educational resources are obvious drawbacks.

FAQs on Yadix broker

Where is Yadix based?

Yadix is regulated by the Financial Services Authority of Seychelles (FSA) and is registered in Mahe, Seychelles.

Can you withdraw from Yadix?

The broker promises a 24 24-hour withdrawal process and offers plenty of different payment methods, but we have not tested these claims.

What is the Yadix minimum deposit?

The minimum deposit for the classic account is 100 USD, and 50 USD is required for the bonus account.