FOREXYARD

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Broker FOREXYARD
Company SafeCap Investments Ltd.
Year since 2004
Headquarters Nicosia, Cyprus
Regulation .CySEC (# 092-08); FCA(UK) (#507880)
Model MM
US Clients no
Min Deposit($) 100
ECN Account Min Deposit($) 25000
ECN Commission($)/rtl(Round Turn Lot)
Offer Fixed Spread no
Offer Variable Spread yes
EURUSD Lowest spreads (pips) 3(0 -ECN)
Account Currency USD, EUR, GBP
Max Leverage 200
Minimal Lot 0.01
Deposit Method Bank Wire, Credit Card, -Skrill, -WesternUnion
Withdrawal method Bank Wire, Credit Card
Scalping no
Hedging no
All EAs Allowed yes
Currency Pairs 49+
Gold yes
Gold Spread(100oz) 100
Silver yes
Silver Spread(5000oz) 6
Oil yes
CFDs yes
Other Instruments Indices, Commodities, Energies
MAM/PAMM Accounts MAM
Managed Accounts yes
Swap-free accounts yes
Segregated Accounts yes
Interest on Margin no
Bonuses & Rewards yes
Trading contests no
Trading platform MT4 , ActTrader, Currenex, MYFX,
Platform Execution
Platform Time Zone GMT
Trailing stops yes
OCO orders yes
One-click execution yes
Trade with mobilephone yes
Trade in browser yes
API yes

Company: SafeCap Investments Ltd.

Note: 

2015-7-2:  Cysec fined Safecap Investments Ltd €168,000

“The Cyprus Securities and Exchange Commission (the “CySEC”) would like to inform the public that, at the meetings held on the 2nd March 2015 and on the 25th May 2015, decided to impose the total administrative fines of €168.000 to CIF Safecap Investments Ltd (‘'the Company') for violating the Investment Services and Activities and Regulated Markets Law of 2007, as in force, the Directive DI144-2007-01 of 2012 for the Authorisation and Operating Conditions of CIFs, the Directive DI144-2007-02 of 2012 for the Professional Competence of Investment Firms and of the Natural Persons Employed by Them and other laws. In reaching the above decision Cysec has taken into account the findings after carrying out, in May 2013, an onsite investigation and, in October 2014, an onsite inspection at the Company’s offices.”

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