ForexYard was established in 2004. They offer a Free Practice Account, which is easy to open. They also offer a Free Trading Course upon registration which explains the basics of the Forex Trading Market.
As well as the free course, you get several well written tutorials, explaining common technical indicators for their trading platform. For beginning traders in Forex, there is in My opinion, no better place to start than with ForexYard.
You get the option of a downloaded or web based platform,to trade with flexible margins. Many other extra features are available. They have great customer service and are always willing to give advice to new traders. You can make contact by Telephone, Email, or Live Chat.
The Super Mini Account brings the minimum of risks, but still gives you the feel and experience of trading a live account. ForexYard accounts begin with as little as $100, and the Standard Account caters for deposits above $1000. To trade in commodities, you will need to open a Standard account: Gold, Oil, and Silver.
Deposit options: Neteller, Creditcard, Bank transfer and Paypal. The demo accounts are free,and allow unlimited practice money. Bonus for new clients. You get $100 free for a $1000 deposit, or receive $50 to $300 cash back. The ForexYard website is easy to navigate, with clearly explained instructions.
Trading in CDF brings all the benefits of owning a commodity, but without having to actually own it personally.
Much like trading in the foreign exchange (Forex) market, CFDs are instantaneous exchanges of contracts between buyers and sellers with an agreement to exchange the difference in value upon closing the contract.
There are no strange and difficult rules to understand. Just buy (go long) or sell (go short) any commodity or index without worries. Trading a CDF has the major advantage of leverage margin opportunities.
CFD trading means clients can trade a full portfolio of indices or commodities without having to tie up large amounts of capital in the process. Traders can also limit and manage their risk by using Stop and Limit orders commonly used in Forex trading.
They allow the trading of a wide array of market indices which represent some of the most significant markets worldwide. Now you can buy and sell indices like the NASDAQ 100, Dow Jones Industrial, S&P 500, and the Nikkei 225, just to name a few,all at a click of a button.
As with equity market indices, the CFD market also allows for the instant exchange of shares in the commodities market. Two of the most relevant and exciting of these markets - Crude Oil and Precious Metals - are available to clients operating on a Standard/Pro Trading Account.
Overall, Forex Yard provide a very reliable and professional service for the beginner and the Pro.