Operative information Yardoption
The company claims it was established in 2015. The firm Roxmark LTD, which owns the trademark, is registered in the offshore zone of Saint Vincent and the Grenadines.
The website presents the RVB License No.14873.
Contact information includes two phone numbers with UK codes: +44 203 8083745 and +44 744 1921441, as well as two phone numbers in Russia: +7 499 6776075 and +7 499 3503987. In addition, there are a feedback form and an online chat available on the website. The company states that customer support operates 24/7.
Trading assets Yardoption
Clients are offered the opportunity to trade with over 140 leading trading assets. Various trading tools are available, with the exception of cryptocurrencies.
- indices,
- currency pairs,
- commodities,
- stocks,
- precious metals.
Personal account at Yardoption
To register, you need to fill out a short questionnaire with the following information:
- name,
- password,
- email,
- phone number,
- country.
You also need to confirm that you have read the provided documentation. Authorization through a Facebook account is also available.
Platform Yardoption
The broker offers trading through its own software. Only animated slides are publicly available. You can familiarize yourself with the software without real investments after opening a demo account and subsequent registration.
After logging in, you need to select the asset you want to work with from the top panel. On the left side, you can use a filter by trading instrument categories.
It is important to carefully select time intervals. To place an immediate trade, click the “Now” button. To update a trade under set conditions, specify the necessary parameters on the platform and click the “Pending Order” button. The trade will be automatically opened when the specified price is reached.
The asset dynamics are displayed on a chart using standard color coding: green indicates price growth, red – decline.
Educational materials
The company offers traders a free download of an e-book revealing the secrets of successful trading in financial markets. However, it can be more accurately described as a guide with basic concepts and registration instructions.
The resource includes an extensive glossary of basic terms and informational sections on each type of asset.
Yardoption has its own educational program with various levels adapted to different client knowledge levels. Training is conducted through webinars. Access is free after registration.
Basic level: introductory webinars on trading principles, specifics of trading various assets.
Intermediate level: discussion of specific trading strategies:
- scalping,
- fractal,
- tunnel,
- indicators.
Advanced level. Overview of types of market analysis, concept of trends, passive and aggressive trading styles.
However, the entire series of webinars has been recorded and available on the website since 2016. Currently, only archived videos are presented. As of March 2020, no new webinars have been released. Therefore, it can be concluded that the company considers the existing material sufficient and does not see the need to further develop the educational sphere.
Account types at Yardoption
The company offers to open a trading account in US dollars, euros, or British pounds.
Depending on the amount of the deposit, there are 5 account options. The exact investment amounts for each account are not disclosed. This information can only be obtained by contacting the company directly. The website only specifies the minimum deposit: from $100.
Basic account. Owners are provided with a personal account manager, access to trading signals, including via SMS, educational materials, and chat with professionals.
SILVER. In addition to the features of the previous account, this account offers in-depth study of multiple analysis types and permission to withdraw money once a month without a commission.
GOLD. In addition to the features of the previous account, this account provides access to daily market reviews and real-time education, not just through recorded webinars like the previous ones.
PLATINUM. Owners are provided with an individual trainer and a $10,000 demo account for safe testing of ideas and strategies. They will receive individual training on the MT4 platform, while all previous account holders can only trade on the company’s own software.
DIAMOND. Holders are offered maximum bets and access to some trading center of the company.
Deposits and withdrawals at Yardoption
You can start trading immediately after registration and making a minimum deposit of $100. However, funds can only be withdrawn after passing the verification procedure. Make sure you have completed the identity verification and confirmed it.
Funds cannot be withdrawn independently; you can only submit a withdrawal request to the broker. This can be done in the personal account under the “Withdrawals” section. The company promises to review and process the request within 3-5 banking days.
There is no officially set minimum withdrawal amount, but high commissions are charged for withdrawals. The broker charges $30 for withdrawals to a bank card in dollars, euros, or pounds. For withdrawals to an e-wallet, a commission of 30 units of currency plus 3.5% will be deducted. Considering these fees, carefully consider the withdrawal amount. In addition, there are fees for bank or payment system services that are the responsibility of the client.
There are many options for depositing and withdrawing funds:
- bank cards,
- payment systems,
- e-wallets.
Icons of available methods are present on the website.
Current options for depositing and withdrawing funds are indicated in the personal account of Yardoption, under the “Withdrawals” section.
Advantages according to Yardoption
- low entry threshold: from $100 US dollars,
- withdrawal possibility from $10,
- wide selection of assets and trading opportunities,
- free trading signals,
- provision of educational and informational materials,
- 24/7 technical support.
Conclusions about Yardoption
The regulatory body issuing the company’s license is not among the reliable or even average regulators in the world. There is insufficient information about the company, and there are significant gaps in the trading conditions. For example, the investment amounts for different trading accounts are not disclosed. Additionally, the company charges a very high commission of $30 plus percentages. In such cases, caution is recommended.