Forexyard, another forex broker offering micro account. Forexyard name it SuperMini Account, this account type requires as low as US$100 minimum deposit and allow you to trade as low as 0,01 lot (micro lot).

The other type of account available on Forexyard is Standard Account which is actually a Mini Account in common sense. Minimum deposit required for this account type is US$1,000. Well, there is no open statement about this on Forexyard site, I got this information from Forexyard representative. As this is a Mini Account, the minimum trade size available is 0,1 lot (equal to 10,000 contract size).

For both account-types Forexyard offers 3 choices of leverage: “25:1″, “100:1″ and “200:1″. As common, you chose the leverage within the registration process.

I like what this forex broker says about trading with micro account;

The SuperMini account is ideal for Accounts under $1,000

FOREXYARD recommends that all traders with account balances less than $1,000 trade a SuperMini account. This gives you more staying power in the market, and the ability to take advantage of multiple opportunities without over-leveraging your account. If you over-leverage your account you will not give yourself room for error. Even if you are correct on the direction of the market, minor fluctuations can generate a margin call and liquidate a good position.

This forex broker doesn’t provide Metatrader as a choice of trading software. Instead, Forexyard provides their own trading platform; one is Windows platform and the other is Java platform. You can use both of them. Below is captured image from Forexyard windows trading platform:

As of April 2008 Forexyard promote their “100% Cashback” program. Forexyard give new clients additional deposit in a sum equal to their initial deposits. If your initial deposit is USD100, Forexyard will add USD100 into your balance. That’s it, your money doubled. You can get this special promo by registering here.

Forexyard Headquarters

FxYard Limited
Diagorou, 4
Kermia Building, 1st floor, Flat Office 103
P.C. 1097, Nicosia
Cyprus

I have no personal experience with Forexyard. If you have any experience with this fx broker, please kindly share and discuss Forexyard here.