Yardoption Quick reference
The company reports that it was founded in 2015. The trademark is owned by Roxmark LTD, a company registered in the offshore state of Saint Vincent and the Grenadines.
The site has published the license - RVB License No.14873.
Two phones with UK codes +44 203 8083745 and +44 744 1921441, as well as two Russian numbers +7 499 6776075 and +7 499 3503987 are offered as contacts. There is also a feedback form and an online messenger on the Internet resource. The company promises that technical support responds around the clock.
Traders are able to conclude transactions using the largest trading assets, numbering more than 140. All kinds of trading instruments are available. Except for cryptocurrencies.
- currency pairs,
- precious metals.
Personal account with Yardoption
To register, you need to fill out a very short form with the following points:
- phone number,
And also put a tick on familiarization with the laid out documentation. Authorization is available through your Facebook account.
The broker offers to trade through its own software development. In the public domain only animated slides are presented. You can get acquainted with the software without real investments after opening a demo account and, accordingly, registration.
After entering, you need to select the asset, which you want to work with, in the upper panel. On the left, you can filter by categories of trading instruments.
It is important to carefully select the time intervals. For instant posting, click «Now» button. To update the transaction in the given circumstances, program the parameters of interest on the platform and click on «Pending Order» button. The transaction will be opened automatically when the set price is reached.
The movement of assets is displayed on the chart with the help of traditional color coding: green indicates an increase in value, red indicates a decrease.
For each trader the broker offers a free download of an e-book that reveals the secrets of trading success in the financial markets. True, we would rather call it not a book, but a training manual with basic concepts and instructions for registration.
The site has an extensive dictionary with basic terms and guiding chapters for each type of asset.
Yardoption has its own educational program with various levels, designed for different starting preparedness of clients. Training is conducted through webinars. Access is free after registration.
Basic level: introductory webinars on the principles of trading, on the features of trading in various assets.
Average level. Analysis of specific trading strategies:
Advanced level. Overview of types of market analysis, understanding of trends, passive and aggressive trading styles.
However, the entire set of webinars was recorded and posted on the site in 2016. Currently, you can only view archived videos. As of March 2020, there were no new webinars. Which allows us to conclude: at present, the company considers the set of materials sufficient and does not consider the further development of the educational direction to be necessary.
Yardoption types of accounts
The company offers to open a trading account in US dollars, euros or British pounds.
Depending on the size of the deposit, you may choose 5 account options. Please note that the exact fork of investments for each account is not named. It can be recognized only by personally contacting the company. Only the minimum deposit is declared on the site: from $ 100.
Basic account. Its owners are provided with a given account manager, as well as access to trading signals, including via SMS, access to training materials and to chat with professionals.
SILVER. In addition to the opportunities of the previous account, an in-depth study of several types of analysis is added. And also permission to withdraw money once a month without commission.
GOLD. An access to the daily market review is added, as well as an access to training in real time mode, and not through recorded webinars, as in the previous ones.
PLATINUM. Its owners are provided with a personal trainer and a demo account with a sum of 10 thousand for the safe testing of ideas and strategies. They will conduct individual training on working with the MT4 platform, while being an owner of any of the previous ones you can trade only on the company's own software.
DIAMOND. Its owners are provided with maximum lots and access to a certain trading center of the company.
Replenishment and withdrawal of funds with Yardoption
You can start trading right after registration and making a minimum deposit of $ 100. But you can withdraw money only after passing verification. It is worth having this nuance in mind and pass a verification with an identity confirmation in advance.
It’s not possible to withdraw money by yourself; you can only submit an application to the broker. This can be done in your account, in the «Withdrawals» section. The company promises to consider and implement the application in 3-5 banking days.
There is officially no minimum amount for withdrawal, but high commissions naturally set the threshold level. The broker charges 30 dollars, euros or pounds for withdrawing money to a bank card. For withdrawing to an electronic wallet, you will also have to pay 30 currency units + 3.5%. With such commissions, you should think carefully about how much to accumulate for withdrawal. Payment for banking services or payment services also rests on the shoulders of clients.
There are many ways of replenishment and withdrawal:
- bank cards,
- payment systems,
- electronic wallets.
The site contains icons of available methods.
The currently relevant list of available deposit and withdrawal options is shown in your Yardoption account, in the same Withdrawals tab.
Yardoption names its advantages
- low entry limit: from 100 USD;
- withdrawal from 10 $;
- wide range of assets and variants of work;
- free trading signals;
- providing with training and supporting materials;
- technical support 24/7.
Conclusion about Yardoption
The authority that issued the license for the company does not belong to the list of reliable or at least medium regulators in the world. The broker provides little information about itself; there are significant gaps in its trading conditions. For example, investment sizes for different trading accounts have not been made public. At the same time, they demand a very high commission of $ 30 plus interest. In such cases, we recommend you to be very careful.